Snap Inc Results Presentation Deck slide image

Snap Inc Results Presentation Deck

Capex Operating Cash Flow and Free Cash Flow¹ (in millions, unaudited) OPERATING CASH FLOW $6 Q1'20 $(11) $(67) Q2'20 $(16) $(55) Q3'20 $(15) -52% $(53) Q4'20 $(16) $137 Q1'21 $(11) $(101) Q2'21 $(15) FREE CASH FLOW YOY Change $(5) Q1'20 94% $(82) Q2'20 20% 'We define Free Cash Flow as net cash provided by (used in) operating activities, reduced by purchases of property and equipment. See Appendix for reconciliation of net cash provided by (used in) operating activities to Free Cash Flow. Operating cash flow and free cash flow in Q4'20 includes a $98 million payment for non-recurring legal charges related to the securities class action in 2019. Numbers throughout presentation may not foot due to rounding. $(70) Q3'20 17% $(69) Q4'20 9% 116% YOY GROWTH IN REVENUE, A 50 PPT ACCELERATION OVER Q1 2021, LED TO HIGHER NET WORKING CAPITAL USAGE IN Q2 2021 $126 Q1'21 2,835% $(116) Q2'21 (41)% 14
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