Snap Inc Results Presentation Deck

First Quarter Financial Highlights Revenue Operating Performance Cash ● ● ● Revenue increased 38% year-over-year to $1,063 million in Q1 2022. Average revenue per user increased 17% YoY to $3.20 in Q1 2022. Operating margin improved to (26) % in Q1 2022, compared to (39)% in Q1 2021. Adjusted gross margin¹ improved to 61% in Q1 2022, compared to 47% in Q1 2021. Net loss was $360 million, compared to $287 million in Q1 2021. Adjusted EBITDA was $64 million, compared to $(2) million in Q1 2021. Adjusted EBITDA margin² improved to 6% in Q1 2022, compared to 0% in Q1 2021. Operating cash flow was $127 million, compared to $137 million in Q1 2021. Free Cash Flow was $106 million, compared to $126 million in Q1 2021. Ending cash, cash equivalents, and marketable securities were $5.0 billion as of March 31, 2022. ¹Excludes stock-based compensation expense and other payroll related tax expense, depreciation and amortization, and certain other non-cash or non-recurring items impacting net income (loss) from time to time. 2We define Adjusted EBITDA margin as Adjusted EBITDA divided by GAAP revenue. See Appendix for reconciliation of net loss to Adjusted EBITDA. Quarterly information is unaudited. Numbers throughout presentation may not foot due to rounding. 3

View entire presentation