Office profile
Dropbox Headquarters & offices · San Francisco, California
Dropbox · San Francisco, California
A four-building Mission Bay headquarters with a library, a karaoke bar called “The Mint” and a full-service restaurant — at a company where remote work is the default.
The Mission Bay headquarters, the Virtual First way of working that turned it into “Studios”, the benefits and four San Francisco homes since 2007 — then the pay. Every number from Dropbox's own filings, blog and careers site, and the design team's project pages.
- 735,700 sq ftoffice space leased at The Exchange, 2017
- 92%say Virtual First is a key reason they stay
- 2,113full-time employees, end of 2025
- $286,151median employee pay, 2025
Sources: S-1 2018, Exhibit 10.19 (lease) · Form 10-K 2025 · Proxy statement 2026 · dropbox.jobs “Virtual First” (internal surveys)
Companies / United States / Software / Dropbox
THE HEADQUARTERS · THE EXCHANGE, MISSION BAY · 2019–2020
Four buildings planned like a village of neighborhoods
Dropbox's headquarters fills four connected buildings at 1800 Owens Street. Johnston Marklee planned the interior around “the Loop”, which links small work neighborhoods to an atrium, “Green Kitchens”, the Tuck Shop restaurant and the Dropstops tech-help desks. HGA lists a library, maker space, game room, meditation and yoga rooms, a family lounge and a gym; Apeiro Design adds a karaoke club called “The Mint”, named after the bar the founders went to in the startup days. Since 2021 the offices have been run as “Dropbox Studios” — for meeting and teamwork, not for solo work.
- 735,700 sq ft (≈ 68,349 m²) of office
- 4 buildings: two 12-storey, two 6-storey
- Design: Johnston Marklee
- Architect of record: HGA
- Interior landscape: Terremoto
- Lighting to LEED Gold standards
Facts: Johnston Marklee and HGA project pages “Dropbox” · Apeiro Design project page · Terremoto project page · Lease, S-1 Exhibit 10.19 · Dropbox blog, “Welcoming our employees to Dropbox Studios” (Jul 8, 2021).
The Exchange on 16th, Mission Bay
| Building | Address |
|---|---|
| North Tower (12 storeys) | 1800 Owens Street, San Francisco, CA 94158 |
| North Building (6 storeys) | 1800 Owens Street, San Francisco, CA 94158 |
| South Tower (12 storeys) | 1800 Owens Street, San Francisco, CA 94158 |
| South Building (6 storeys) | 1800 Owens Street, San Francisco, CA 94158 |
Source: Lease between Dropbox and KR Mission Bay, LLC (S-1, Exhibit 10.19, 2018) · Form 10-K 2025 cover · See them on the map ↓
Source: S-1 Exhibit 10.19 (areas, storeys) · Dropbox blog, Oct 10, 2017 (architect, developer, LEED Platinum design) · Johnston Marklee and HGA project pages · Form 10-K 2019 (relocation) and 2025 (lease term). HGA gives the fit-out as 735,000 sq ft; Johnston Marklee as 750,000 sq ft.
Benefits (United States)
An allowance every quarter for health and fitness, family and caregiving, ergonomics, financial wellness or learning.
Mental health support through Modern Health, alongside medical, dental and vision coverage.
Help with adoption and surrogacy, plus paid parental and family leave.
Access to back-up care resources for children and adults.
Paid time off — described by the Chief People Officer as “flexible time off” — plus volunteer time off.
Matched up to a set threshold; every regular employee also gets RSUs and a bonus or sales incentive.
Dropbox matches a portion of employee donations to nonprofits.
Access to the Peloton Corporate Wellness Program, plus legal support and military leave.
Source: dropbox.jobs “How we support your best work” (US benefits) · Form 10-K 2025, Human Capital · Dropbox job posting 8261911. Dropbox does not publish leave lengths or amounts.
Why people stay: what Dropbox itself says
Agree or strongly agree that Virtual First is a key reason they stay at Dropbox (internal surveys).
Dropbox says attrition has been at its lowest since it adopted Virtual First.
Of employees are based outside large tech markets (2025).
Set hours for meetings across time zones; the rest of the day you plan yourself.
Launched in 2025 for all employees, alongside mentoring, skills programs and leadership courses.
Local groups to cowork, connect and volunteer, plus employee resource groups and regular offsites.
Source: dropbox.jobs “Virtual First” · Dropbox blog, “Virtual First 2025” (Jan 29, 2026) and “Dropbox goes Virtual First” (Oct 13, 2020) · Form 10-K 2025
Who works here
full-time employees (Dec 31, 2025)
use AI tools every week (2025)
more applications per role than before Virtual First
founded by Drew Houston and Arash Ferdowsi
Source: Form 10-K 2025 · Dropbox blog, “Virtual First 2025” (Jan 29, 2026)
Pay at Dropbox
Base pay, bonuses, commissions and stock granted in 2025, for all employees worldwide. The CEO earned 8 times this amount ($2,166,622).
Source: Proxy statement, April 7, 2026 (CEO pay ratio)
Source: Dropbox job posting 8261911 (2026). Pay is set by the zip code where the employee works; bonus and RSUs are on top.
Dropbox doesn't publish pay by age. Pay by US zone, above, is the closest official number.
Office history: from an MIT coffee house to Mission Bay — and back to Studios
- 2007 Two founders, a two-hour meeting
Y Combinator told Drew Houston he needed a co-founder, with three weeks to the deadline. A friend introduced him to Arash Ferdowsi, then an MIT student; they met in the coffee house at the student center and, after about two hours together, moved to California. Dropbox was incorporated in May 2007.
Source: Dropbox blog, “Thank you, Arash” (Mar 20, 2020) · Form 10-K 2025, Corporate Information
Stratton Student Center, MIT, Cambridge, 2014 · Gunnar Klack / CC BY-SA 4.0 · Wikimedia Commons - Before 2019 333 Brannan Street, SoMa
Dropbox leased all of 333 Brannan, a 180,000 sq ft (≈ 16,723 m²) LEED Platinum building by William McDonough + Partners with a central court and a roof garden. Rapt Studio designed the interior as a village of neighborhoods, with a library and a karaoke bar.
Source: S-1 (2018) cover address · William McDonough + Partners and Rapt Studio project pages
No free-to-use photo found yet.Have one? We’d love to add it. - 2017 Signing for The Exchange in Mission Bay
On October 6, 2017 Dropbox signed for all 735,700 sq ft of office space in Kilroy's four-building complex — Dropbox called it its “future home”, to be taken in three phases from mid-2018.
Source: Dropbox blog (Oct 10, 2017) · S-1 Exhibit 10.19
No free-to-use photo found yet.Have one? We’d love to add it. - 2019 Moving to 1800 Owens Street
In the third quarter of 2019 Dropbox moved from 333 Brannan to its new headquarters; most of the build-out spending was finished in 2020.
Source: Form 10-K 2019 and 2020
The Exchange on 16th, Mission Bay · Photo: Daniele Ansidei, Caitlin Atkinson / Johnston Marklee - 2020–21 Virtual First, and the offices become Studios
On October 13, 2020 Dropbox made remote work the default for everyone. In July 2021 it reopened its offices in San Francisco, Seattle and Austin as “Dropbox Studios” — bigger meeting rooms, classrooms and a coffee shop for teamwork, not desks for solo work.
Source: Dropbox blog, Oct 13, 2020 and Jul 8, 2021
No free-to-use photo found yet.Have one? We’d love to add it. - 2023–26 Giving space back
A late-2023 lease amendment hands about 165,000 sq ft back to the landlord in three tranches. In January 2026 Dropbox subleased another 282,000 sq ft of the headquarters until June 2029.
Source: Form 10-K 2024, lease note · Form 10-K 2025, Note 16
No free-to-use photo found yet.Have one? We’d love to add it.
| Annual report | HQ space (sq ft) | m² | As described |
|---|---|---|---|
| S-1 2018 | 735,700 | 68,349 | Office space leased at The Exchange (signed Oct 2017) |
| 10-K 2024 | −165,000 | −15,329 | Surrendered to the landlord under the Q4 2023 amendment |
| 10-K 2025 | 282,000 | 26,199 | Subleased to another tenant, Feb 2026 – Jun 2029 |
Map: how the headquarters moved
After the founders met in Cambridge, Massachusetts, Dropbox grew up in San Francisco — from 333 Brannan Street in SoMa to Mission Bay.
- 1 · 2007MIT student center, Cambridge, Massachusetts — Where Drew Houston and Arash Ferdowsi first met
- 2 · Before 2019333 Brannan Street, San Francisco — Headquarters until 2019
- 3 · 20191800 Owens Street, San Francisco — The Exchange on 16th — headquarters today
Addresses: Dropbox blog (2020) · S-1 2018 cover · Form 10-K 2025 cover
What Dropbox does
Dropbox started in 2007 as a way to keep files in sync on every device. Today it sells subscriptions for storing, sharing and signing files — and for Dash, an AI search across a team's apps.
One reportable segment. Products include Dropbox, Dropbox Sign, DocSend, Dash, Replay, Transfer and Reclaim.ai.
Where the money came from · revenue by region, 2025
Source: Form 10-K 2025, Note 15 “Segment Information and Geographic Areas”
Source: Form 10-K 2025 · per-employee figure calculated by eciffo
Growth: revenue vs. people
$1.1B → $2.5B
1,858 → 2,113
Calendar years. Revenue: SEC XBRL from Dropbox's 10-K filings. Employees: full-time, S-1 (2017) and Form 10-K (2018–2025). Multiples calculated by eciffo.
Chief executives
Co-founder. CEO since 2007, co-CEO since May 2026; after a transition he becomes executive chairman.
Co-CEO since May 2026, to become sole CEO. Joined in 2024; earlier chief product officer at Vimeo.
Co-founders: Drew Houston and Arash Ferdowsi (first CTO; left in 2020).
Source: Dropbox blog, “Congratulations to our new co-CEO, Ashraf Alkarmi!” (May 26, 2026) · dropbox.com/about · S-1 2018
Dropbox: questions people ask
Where is Dropbox's headquarters?
At 1800 Owens Street in San Francisco's Mission Bay neighborhood — the four-building complex known as The Exchange on 16th. The lease runs to 2033.
Source: Form 10-K 2025 · Dropbox blog, Oct 10, 2017
Who designed Dropbox's headquarters?
Johnston Marklee designed the interiors (2017–2021), with HGA as architect of record and Terremoto for the indoor landscape. Rios Clementi Hale Studios designed the base buildings for the developer, Kilroy Realty.
Source: Johnston Marklee and HGA project pages · Dropbox blog, Oct 10, 2017
How big is Dropbox's headquarters?
Dropbox leased 735,700 sq ft (≈ 68,349 m²) of office space — all the offices in a 750,370 sq ft complex of two 12-storey towers and two 6-storey buildings. It has since given back about 165,000 sq ft and subleased 282,000 sq ft.
Source: S-1 Exhibit 10.19 · Form 10-K 2024 and 2025
Does Dropbox let employees work remotely?
Yes. Since October 2020 Dropbox has been “Virtual First”: remote work is the default for everyone, with core collaboration hours. Teams meet in person several times a year at Dropbox Studios or on-demand spaces.
Source: Form 10-K 2025 · Dropbox blog, Oct 13, 2020
What are Dropbox Studios?
Dropbox's former offices, redesigned in 2021 for teamwork and community events rather than solo work — with larger meeting rooms, classrooms and a coffee shop. San Francisco, Seattle and Austin were among the first.
Source: Dropbox blog, “Welcoming our employees to Dropbox Studios” (Jul 8, 2021)
What benefits does Dropbox offer?
In the US: medical, dental and vision coverage, mental health support through Modern Health, a 401(k) with company match, a quarterly perks allowance, paid parental and family leave, adoption and surrogacy help, back-up care, volunteer time off and Peloton access.
Source: dropbox.jobs US benefits · Form 10-K 2025
How many people work at Dropbox?
2,113 full-time employees at the end of 2025: 1,612 in the United States and 501 elsewhere.
Source: Form 10-K 2025
How much do Dropbox employees make?
The median employee's total compensation was $286,151 in 2025. A 2026 posting for a remote Principal Software Engineer listed base salaries of $284,800–$385,200 in the San Francisco, New York and Seattle metros.
Source: Proxy statement 2026 · Dropbox job posting 8261911
Who is Dropbox's CEO?
Since May 2026 Dropbox has two co-CEOs: co-founder Drew Houston, CEO since 2007, and Ashraf Alkarmi. After a transition Alkarmi will be sole CEO and Houston executive chairman.
Source: Dropbox blog, May 26, 2026
Where did Dropbox's offices used to be?
Before 2019 Dropbox's headquarters was 333 Brannan Street in SoMa — a LEED Platinum building by William McDonough + Partners — until the move to Mission Bay in 2019.
Source: S-1 2018 · Form 10-K 2019 · William McDonough + Partners
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