Snap Inc Results Presentation Deck
Operating Cash Flow and Free Cash Flow¹
(in millions, unaudited)
FCF YOY Change
Q3'19
$(76)
$(8)
$(84)
47%
Q4'19
$(67)
$(9)
$(76)
49%
Q1'20
$6
$(11)
$(5)
94%
Cash Provided by (Used in) Operating Activities
Q2'20
$(67)
$(16)
$(82)
20%
Numbers throughout presentation may not foot due to rounding.
'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 used in operating activities to Free Cash Flow.
Operating cash flow and free cash flow in Q4'20 includes a $98 million payment from non-recurring legal charges related to the securities class action in 2019.
FREE CASH FLOW IMPROVED 9% YoY
Q3'20
$(55)
$(15)
$(70)
17%
Capital Expenditures
Q4'20
$(53)
$(16)
$(69)
9%
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