Snap Inc Results Presentation Deck
Operating Cash Flow and Free Cash Flow¹
(in millions)
OPERATING CASH FLOW
Capex
$(735)
2017
$(85)
$(690)
2018
$(120)
$(305)
2019
$(36)
$(168)
2020
$(58)
$293
2021
$(70)
FREE CASH FLOW
(UNAUDITED)
$(819)
2017
$(810)
2018
$(341)
2019
$(225)
FIRST FULL YEAR OF POSITIVE FREE CASH FLOW OF $223 MILLION
FREE CASH FLOW IMPROVED $448 MILLION YOY
2020
'We define Free Cash Flow as net cash provided by (used in) operating activities, reduced by purchases of property and equipment. See Appendix for annual reconciliation of net cash provided by (used in) operating activities to Free Cash Flow.
Operating cash flow and free cash flow in Q4'20 includes a $98 million payment for a non-recurring legal settlement related to a securities class action, accrued in 2019.
Numbers throughout presentation may not foot due to rounding.
$223
2021
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