Good and afternoon, everyone, to call. earnings our Rob. Thanks, welcome XXXX QX
the our this in me third long-time have outlook update start to have details and I'll quarter, him critical the and Tim role is to I'm and remainder of year. Officer. the our today key join of Chief me of by through some performance the our walking for Financial elements financial Joining excited the of then share will Officer Regan, Chief appointed Tim Tim and newly Accounting today.
could have neither Dropbox. I ways, had you challenges. I critical the distributed our And all call I'd else more opportunity distributed means we in our jumping quickly the on of to This than resilient with shift have the pandemic. transition has help how the that certainly year this a never spoke year. building Before and XXXX on by the customers we work them earnings the ever end fortunate imagined its would believe environment. has year, of in as to work, be we the on for into that upended place to like when approach to February, also reflect blocks many us to quarter, the In nor our were But in relied the XXXX been world was anyone bigger. to be current to
the model, We operational February commitments continue in our towards shareholders. on efficiency driving we made generating for our to be long-term and focused value
progress made. happy of I'm share some we've This to the quarter,
for month, Last announced have that First, excellence how First. First, more context faster up I on Virtual our seeing to of with entire our First anyone to success is our most overnight shift us the operational our we abrupt went organizational set to for believe with world shift. way from believe a working turning Dropbox moving greater and think could and Virtual about into working. But After continued XXXX. decision-making it possible. recent talk to way the in we to changes anticipated that, we don't some home start going distributed the long detail ends. and I'll I'd I'll which before over work portfolio on we're to workplace ecosystem well product continue this we're Virtual And dramatic in pandemic Tim. this with strategy after focus, positioned like share and then structure, will the
work. product enable core helps its Our distributed at
flexibly been Our to more turning our founding Dropbox customers have XXXX. work in to since
we helped It Dropbox was that customers. pretty when Cross just emergency so to helped crisis. examples. a our publisher this and mote servers, to And their of And many up running a these off in our product migrate response And Italian in their to get the Dropbox few to London was are able and on during in-house on Red transition help coordinate helped a week. the work relied earlier forced lockdown, seamlessly shifted first year us after
been variety as virtually adoption And As important. this across has COVID, all a result seen a becomes work industries. team's content more knowledge your in one we've organizing all never increased of year digital, of workflows place and based usage
majority our embrace they the before. reality didn't also we and to that aren't and they've were want to want don't the things things long gained, that they to have focus For said want return back flexibility vast new But They commutes. to the employees, way don't this lose go to know perfect.
ad-hoc bombarded day, announcing of this either miss challenges and think co-workers. saw I meetings approach. in we But we collaborating on adjusting a getting to and these. bonding we're an our fully with remote e-mails notifications, all and Zoom office by responded sitting the and being to both with all companies Many with hybrid or
come home remote fully employees. is building the to of culture. percentage And experience of relationships in-person leaving out cuts for Going a the unequal that's reduces up playing when to they from it employees the the benefit contributes team having both an office, physical to working and to large a space, critical remote also and if field
as our for culture. will opportunity call know most in-person building So that we the Virtual means we maintaining we elements the company how we happen best solo combine critical collaboration a to landed teams model saw reinvent this work, that to but home, and unique new work on still is relationships in-person focused First, and and healthy that experience. at a which of We remote
Studios. us increased spaces, turning collaborative gives our offices It talent approach the with team in we live. our But commitments most this that important of it and chose efficiencies to live We broader profitable how Dropbox to we're flexibility we mission. they allows access reach, create growth. truly is believe our consistent call and was previously allows to our has So this us out out to into approach the it work potential reason that
With to of happy we has that also to of go-to-market SVP points distributed our in news at share have people coming oversee work We to an I'm we our promoted world been team. really all he'll us for role, part will teams, permanently he'll the product go-to-market experiences COO, the an team will products the teams. edge work if our executive First, weren't in in we're have more us this that for our means about that sharing in from our about we'll I'm continue quarters. engineering, this to scope even direction, only In our the the will Dropbox her While and product, product to that my play be between now us with Timothy to Timothy. teams, Young, tools collaboration to will and built today how address better and out use design excited we're know Core Olivia create Nottebohm, engineering, engineering do pain as look the along experiencing. leading for expanded and and on is better distributed respective ultimately our recent reporting we opportunity and forward allow believe GM products This me which shifting can distributed teams, anywhere, build President, for of platform building build help help and strategy But to truly a ourselves. products report all closer shift our we teams. teams Virtual people customers. new design, this begin and to and
is more leader, new to scale. a shift working Timothy at strategy his believe operations. combination successful entrepreneur role. and on operator allow new work business the And and massive time a presents excellent this innovation, product the me addition, on longer-term handles opportunity. In him spend more structure congratulate Timothy like of distributed while to rare will to day-to-day We I'd experienced
the will resources order and First and a us strategy that to perform us to allow Our best. create streamlined opportunity our leadership our more Virtual at changes to give nimble realign in organization
In of currency results. driven XXX,XXX ARPU. across growing business. paying Now by I'll the grew QX, our nearly and Both revenue to to addition continued strength actual our and constant users turn broad we XX% quarterly see year-over-year,
shortly. and margin the our work. guidance commitment we that at also customers help some this efficiency update demonstrating like and that, I'd quarter, exceeded gains to our before provide our deliver in to an operational specifics of We operating on products Tim quarter discipline. home their those organize will lives discuss made progress But the to
Passwords, number June, including As you Vault and may new recall, Backup. we features announced a of Dropbox in
work Family and and protect early new rolled These members. features customers We new products and trials purchases. and plan. they the first, do our to are signs a across seeing We're propensity X Dropbox needs customers them from their address objectives: We're core and adoption At retention customer content lives; sensitive nice paid by are and our as Professional with to and organized and their provide share in they now personal products use our Family of we've main offerings available users store These help better Plus, these more positive. and to are in base, work, of have value users conversion, family second, strong of both stay improve higher we're encouraged with many our user and help the who generally early and Plans, information churn. all lift our our our the indications and use important who home at out both new seeing. seen lower also engagement
adoption geographies.. HelloSign saw in it hosting continues strong marketing QX, numerous campaign with an awareness of We generating our to product. and and fastest-growing in be are international We're also webinars
more help native new Dropbox of will workflows to to us We worldwide. the the HelloSign Dropbox their more XX work users thrive in to of allowed HelloSign digital to introduce these millions product ahead. market the adoption. being our ranked believe continue remote traction to as support as And excited and overall people number investments has turn to eSignature number report, Additionally, two expansion and integration the vendor to environment. QX, this progress. well see recognized ease and the one optimistic was opportunity about for In HelloSign of eSignature noticed in as our be GX's fall as We're languages
an exciting with our a new to on touch quarter Turning efforts. update developments to busy We on. had that some product like I'd
Creative new Tools Migration. X Data we First, add-ons, and introduced
keep to be Taking needs. multi-step we're And that often customers a more choice to from and offer tools suite to take add-ons, to kickoff finish made construct don't workflows. all track. trying That's post-production why headache to earlier projects we the creative complicated excited product particularly line today's can the for while year best the With on out media solve problems fits these to the work help faces, of process, their creative, media integrations social give community investments professionals. this their the
files. users As on workflow Creative work remote large output. and were media Tools their and Creative who this designed to get announce More Dropbox community challenges. with unique than viewing, commenting, media secure new large most, flexible working work large challenge, professionals quarter, to Creative help And simplify more our relies done, file happy work to facilitate creating more makes that including we add-on adds management. will create Tools to add-on, The our collaboration, this transfers that with remotely files roadblocks new efficient for easy. frame-based and to allow help Tools
this to permissions Importantly, downloading. Transfer with projects. and professionals Migration it Dropbox important allows Similarly, add-on capability usage was keep in work files designed And and custom optional points account. storage moving. from place With to also the securely files best automatically Data Transfer Dropbox introduced to We've and to let Dropbox, migrate integration, provides Creative Adobe cloud anyone Dropbox pain seen migration to make without continuing is to add-on to local with our new Adobe quickly for users media mapped potential a to files adoption those send and another this solutions Creative on of our branding, environment. a can this Migration without into add-on, increased Tools rights access product. and launch Transfer the business we're we also in Data of final customers Business. to large the creative even preview With pre-existing storage be way the structures streamlining partnered large for move, quarter. we deliver file Dropbox this quarter, Dropbox Cloud, users Adobe minimizing the other
from benefit In of addition, to will that data management add-on comprehensive admins. and capabilities reporting by this critical analytics are of users company
of engaging and the to position Dropbox The core expanding users' to to can on helping our about, by streamlined we've apps our our experience a our been is launched new And their and expand connect collaboration Beyond focused as connect marketing including apps to also we're to with improvements install part products, strategy apps our the learn QX, Dropbox apps ecosystem to continue management, continuing Dropbox. the deepening communications, cases, the use and center categorized create and frequently Dropbox, expanding workflows. trusted center, such on developers for been simplifying Zoom. platform. integrations where partners. process app project of of at and with Users to available their account, improve discover, is our and with more place focused find ecosystem also partners our We've the and design Dropbox number apps of of with trusted in used users to a can to together
our launches preview team back recent items to in a also distributed our is together before, less time more after effective. action they we're run, app to and the in in loop. share agenda strong, leading these progress place. as on manage the believe common on work And workflows. the an we and rest company, page distributed upcoming vision one can of some work an mission sign is turned or for towards We want as getting of that with great opportunity. put summary, many with Zoom's the apps, HelloSign meeting. meetings quarter. users making of workflows, users' We home their with greater smart experience In work users people sure new And the just And us one Helping to to details and map our use we completely be so help in important long Tim road cloud. workspace. everyone we're workflows will as shift the to reoriented to both have of to opportunity be for able launch important Demand we same an over more and the remote to world. as everyone work the allows their switching for meeting most our by tools see to financial people opportunities streamline the our few is Virtual it Dropbox notes our during remains as excited most Customers It's to efforts products Zoom, another we done. for organize share mobile make product for and to that This delivered time new They'll developing is shift improve will the to able and the more apps of lives. between have to we're clear helping example the now address new part in our work by their spend more the the and a walk of the were truly living through doing March, the ensure to First be users to to we shift need turn a excited meetings edge prepare our for significant As deeper and distributed product a I'll to that results. over next to organized even quarters. Zoom important Dropbox work integration