Snap Inc Results Presentation Deck
Capex
Operating Cash Flow and Free Cash Flow¹
(in millions, unaudited)
OPERATING CASH FLOW
$(67)
Q2'20
$(16)
$(55)
Q3'20
$(15)
$(53)
Q4'20
$(16)
231%
$137
Q1'21
$(11)
$(101)
Q2'21
$(15)
$72
Q3'21
$(20)
FREE CASH FLOW
YOY Change
$(82)
Q2'20
20%
$(70)
Q3'20
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.
FREE CASH FLOW IMPROVED $121 MILLION YOY
FREE CASH FLOW POSITIVE YEAR TO DATE
$(69)
Q4'20
9%
$126
Q1'21
2,835%
$(116)
Q2'21
(41)%
$52
Q3'21
174%
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