Snap Inc Results Presentation Deck slide image

Snap Inc Results Presentation Deck

Revenue by Geography (in millions, unaudited) GLOBAL $1,063 Q1'22 EUROPE² $162 $1,111 Q2'22 $170 $1,128 Q3'22 $161 - 4% $1,300 Q4'22 + 7% $219 $989 Q1'23 $158 $1,068 Q2'23 $182 NORTH AMERICA¹ $758 Q1'22 $786 $142 Q2'22 REST OF WORLD $155 $812 Q3'22 $155 - 13% $880 Q4'22 + 28% $201 $640 Q1'23 $191 $687 GLOBAL REVENUE DECLINED 4% YOY ON AN ABSOLUTE AND CONSTANT CURRENCY BASIS³ IN Q2 2023 Q2'23 $199 Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q2'23 Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Total revenue for geographic reporting is apportioned to each region based on our determination of the geographic location in which advertising impressions are delivered, as this approximates revenue based on user activity. This allocation is consistent with how we determine ARPU. 'North America includes Mexico, the Caribbean, and Central America. 2Europe includes Russia and Turkey. Effective March 2022, we halted advertising sales to Russian and Belarusian entities. ³Constant currency revenue is a non-GAAP measure, which we define as GAAP revenue in the current period translated using the prior period average monthly exchange rates for revenue transactions in currencies other than the U.S. dollar. The constant currency revenue percentage change is determined using current period constant currency revenue and prior period GAAP revenue. Numbers throughout presentation may not foot due to rounding. Q2'23 8
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