Snap Inc Results Presentation Deck
Revenue by Geography
(in millions, unaudited)
GLOBAL
$1,298
Q4'21
EUROPE²
$209
$1,063
Q1'22
$162
$1,111
Q2'22
$170
-7%
$1,128
Q3'22
- 3%
$161
$1,300
Q4'22
$219
$989
Q1'23
$158
NORTH AMERICA¹
$932
Q4'21
$758
$157
Q1'22
REST OF WORLD
$142
$786
Q2'22
$155
-16%
$812
Q3'22
+ 34%
$155
$880
Q4'22
$201
$640
Q1 2023 REVENUE WAS $989 MILLION; ON A CONSTANT CURRENCY BASIS³, APPROXIMATELY 6% DECLINE YOY
Q1'23
$191
Q1'22
Q2'22
Q3'22
Q4'22
Q1'23
Q4'21
Q1'22
Q2'22
Q3'22
Q4'22
Q4'21
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.
Q1'23
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