Snap Inc Results Presentation Deck slide image

Snap Inc Results Presentation Deck

Non-GAAP Financial Measures Reconciliation - Quarterly (Continued) (in thousands, except per share amounts, unaudited) Non-GAAP net income (loss) reconciliation Net income (loss) Amortization of intangible assets Stock-based compensation expense Payroll and other tax expense related to stock-based compensation Income tax adjustments Non-GAAP net income (loss)¹ Weighted-average common shares - Diluted² Non-GAAP diluted net income (loss) per share reconciliation GAAP diluted net income (loss) per share Non-GAAP adjustment to net income (loss) Non-GAAP diluted net income (loss) per share¹ $ $ $ $ December 31, 2020 (113,099) $ 9.727 219,882 20,152 (511) 136,151 $ 1,484,277 December 31, 2020 (0.08) $ 0.17 0.09 $ March 31, 2021 (286,882) $ 10,445 237,073 41.326 589 2,551 1,501,636 March 31, 2021 $ (0.19) $ 0.19 0.00 $ Three Months Ended June 30, 2021 (151,664) $ 14.363 256,600 25,045 (199) 144,145 $ 1,547,234 Three Months Ended June 30, 2021 September 30, 2021 (0.10) $ 0.20 0.10 $ (71,959) $ 18,148 300,898 21,615 (208) 268,494 $ 1,580,966 September 30, 2021 (0.05) $ 0.22 0.17 $ December 31, 2021 22,550 20.228 297,564 19,493 (374) 359,461 $ 1,668,879 December 31, 2021 $ 0.01 $ 0.21 0.22 $ March 31, 2022 1 We define Non-GAAP Net income (loss) as net income (loss); excluding amortization of intangible assets; stock-based compensation expense and other payroll related tax expense; certain other non-cash or non-recurring items impacting net income (loss) from time to time; and related income tax adjustments. Non-GAAP Net Loss and weighted average diluted shares are then used to calculate Non-GAAP diluted net Income (loss) per share. (359,624) 22,505 275,444 22,451 (61) (39,285) March 31, 2022 2Q4 2021 weighted average common shares used in computation of diluted EPS excludes Convertible Notes and Capped Call shares as they are anti-dilutive. Prior to Q4 2021, weighted average shares used in computation of diluted EPS primarily excluded unvested or unexercised stock-based awards, Convertible Notes, and Capped Call shares as they were anti-dilutive. Numbers throughout presentation may not foot due to rounding. 1,619,113 (0.22) 0.20 (0.02) 2
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