Snap Inc Results Presentation Deck
Operating Cash Flow and Free Cash Flow¹
(in millions, unaudited)
FCF YOY Change
Q4'19
$(67)
$(9)
$(76)
49%
Q1'20
$6
$(11)
$(5)
94%
Q2'20
$(67)
$(16)
$(82)
20%
Cash Provided by (Used in) Operating Activities
Q3'20
$(55)
$(15)
$(70)
17%
'We define Free Cash Flow 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.
Operating cash flow and free cash flow in Q4'20 includes a $98 million payment for non-recurring legal charges related to the securities class action in 2019.
Numbers throughout presentation may not foot due to rounding.
Q4'20
$(53)
$(16)
$(69)
9%
FREE CASH FLOW IMPROVED $131 MILLION YOY,
FIRST QUARTER OF POSITIVE FREE CASH FLOW AS A PUBLIC COMPANY
Capital Expenditures
Q1'21
$137
$(11)
$126
2,835%
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