Snap Inc Results Presentation Deck
Non-GAAP Financial Measures Reconciliation (Continued)
(in thousands, except per share amounts, unaudited)
Non-GAAP net income (loss) reconciliation
Net loss
Amortization of intangible assets
Stock-based compensation expense
Payroll tax expense related to stock-based compensation
Income tax adjustments
Non-GAAP net income (loss)¹
Weighted-average common shares - Diluted
$
$
Non-GAAP diluted net income (loss) per share reconciliation
GAAP diluted net loss per share
Non-GAAP adjustment to net loss
Non-GAAP diluted net income (loss) per share¹
$
$
June 30, 2020
September 30, 2020
(325,951) $
7,378
186,171
7,942
86
(124,374) $
1,447,022
June 30, 2020
(0.23) S
0.14
(0.09) $
(199,853) $
8,422
192,080
10,341
388
11,378
1,466,420
September 30, 2020
December 31, 2020
Three Months Ended
(0.14) S
0.15
0.01 $
(113,099) $
9,727
219,882
20,152
(511)
136,151 $
1,484,277
December 31, 2020
Three Months Ended
(0.08) $
0.17
0.09
March 31, 2021
$
(286,882) $
10,445
237,073
41,326
589
2,551
1,501,636
March 31, 2021
$
(0.19) S
0.19
0.00 $
June 30, 2021
(151,664) S
14,363
256,600
25,045
(199)
144,145 $
1,547,234
June 30, 2021
(0.10) $
0.20
0.10 $
September 30, 2021
(71,959)
18,148
300,898
21,615
(208)
268,494
1,580,966
September 30, 2021
(0.05)
0.22
0.17
¹ We define Non-GAAP Net income (loss) as net income (loss); excluding amortization of intangible assets; stock-based compensation expense and other payroll related tax expense; certain other non-cash or non-recurring items impacting net income (loss) from time to time; and related income tax adjustments. Non-
recurring items include securities class actions legal charges described in the preceding slide. Non-GAAP Net Loss and weighted average diluted shares are then used to calculate Non-GAAP diluted net Income (loss) per share.
Numbers throughout presentation may not foot due to rounding.
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