Q1 2021 Business Update

Business Update 02 In Q1 2021, we grew billings by 248% year-over-year to $362 million, resulting in higher than expected cash flow. Billings Fig 03 $400M 248% billings growth year-over-year Billings is defined as revenue plus the change in contract liabilities for the period presented. Please see the appendix for reconciliations of these non-GAAP financial measures to the most directly comparable GAAP measures. $300M $200M $100M $104M | +248% $362M Q1 2020 Q1 2021 | | |

View entire presentation