Snap Inc Results Presentation Deck
Operating Expense¹
(in millions, unaudited)
Research and Development
SBC-Related Expense²
D&A Expense
Reduction in Force Charges³
Total
$196
$62
$56
$78
Q1'17
$1,993
$11
$2,004
Sales and Marketing
$229
$74
$69
$86
Q2'17
$240
$10
$250
General and Administrative
$223
$66
$71
$87
Q3'17
$224
$12
$236
$261
$88
$78
$96
Q4'17
$181
$14
$195
$257
$77
$79
$102
Q1'18
$143
$16
$10
$169
Numbers may not foot due to rounding.
¹Excludes stock-based compensation expense and related payroll tax expense (SBC-Related Expense) and depreciation and amortization (D&A Expense) and certain other non-cash or non-recurring items impacting net income (loss) from time to time.
2Q1'18 SBC-Related Expense includes $31.5 million of stock-based compensation forfeiture benefit related to the reduction in force plan.
³Reduction in force charges relate to a reduction in force plan we implemented during March 2018, impacting approximately 7% of our global headcount, primarily in engineering and sales. The charges are composed primarily of severance expense and
related payroll tax expense. These charges are non-recurring and not reflective of underlying trends in our business.
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