Snap Inc Results Presentation Deck
Diluted Net Income (Loss) Per Share &
Common Shares Outstanding Plus Shares Underlying Stock-Based Awards
(in millions, except per share data, unaudited)
DILUTED NET INCOME (LOSS) PER SHARE¹
Q3'20
$(0.14)
Q4'20
$(0.08)
Q1'21
$(0.19)
Q2'21
$(0.10)
Q3'21
$(0.05)
Q4'21
$0.01
COMMON SHARES OUTSTANDING PLUS SHARES
UNDERLYING STOCK-BASED AWARDS
Common Shares Outstanding
YOY Change
YOY Change excluding
exchange shares³
1,624
139
1,485
Q3'20
3.7%
3.7%
1,630
126
1,503
Q4'20
3.4%
3.4%
1,629
110
1,519
Q1'21
2.6%
2.6%
Shares Underlying Stock-Based Awards²
DILUTED NET INCOME PER SHARE IMPROVED $0.09 YOY
1,681
104
1,577
Q2'21
4.0%
1.7%
1,698
93
1,605
Q3'21
4.6%
1.3%
¹Diluted net loss per share is calculated using weighted average shares outstanding during the period. Diluted net income per share in Q4 includes 64 million shares in excess of weighted average shares outstanding during the period primarily related to unvested or
unexercised stock-based awards.
2Shares underlying stock-based awards include restricted stock units, restricted stock awards, and outstanding stock options.
³YOY change in Q2 2021 excludes approximately 38 million shares, while YoY changes in Q3 2021 and Q4 2021 excludes approximately 52 million shares issued as part of the induced conversions of convertible notes.
Numbers throughout presentation may not foot due to rounding.
1,702
83
1,619
Q4'21
4.4%
1.2%
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