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 $186 Q4'21 $(25) $127 Q1'22 $(21) $(124) Q2'22 $(23) $56 Q3'22 $(38) $125 Q4'22 $(47) $151 Q1'23 $(48) YOY Change FREE CASH FLOW¹ $161 Q4'21 333% $106 Q1'22 (16)% $(147) Q2'22 (27)% $18 Q3'22 (65)% 'Free Cash Flow is a non-GAAP measure, which we define 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. Numbers throughout presentation may not foot due to rounding. FREE CASH FLOW WAS $103 MILLION IN Q1 2023 TRAILING TWELVE MONTHS FREE CASH FLOW WAS POSITIVE $52 MILLION IN Q1 2023 $78 Q4'22 (51)% $103 Q1'23 (3)% 14
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