Snap Inc Results Presentation Deck
Capex
Operating Cash Flow and Free Cash Flow¹
(in millions, unaudited)
OPERATING CASH FLOW
$72
Q3'21
$(20)
$186
Q4'21
$(25)
$127
Q1'22
$(21)
$(124)
Q2'22
$(23)
$56
Q3'22
$(38)
$125
Q4'22
$(47)
YOY Change
FREE CASH FLOW¹
$52
Q3'21
174%
$161
Q4'21
333%
$106
Q1'22
(16)%
$(147)
FREE CASH FLOW WAS $78 MILLION IN Q4 2022
SECOND CONSECUTIVE FULL YEAR OF POSITIVE FREE CASH FLOW
Q2'22
(27)%
'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.
$18
Q3'22
(65)%
$78
Q4'22
(51)%
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