Investor Fact Sheet

About Twitter(NYSE:TWTR)

Twitter is what's happening in the world and what people are talking about right now. From breaking news and entertainment to sports, politics, and everyday interests. Available in more than 40 languages around the world, the service can be accessed via twitter.com, an array of mobile devices, and SMS.

TWTR Q3'18 DAUs and MAUs

DAU (Daily Active Users) Year-Over-Year Growth

Q4'1611%

Q1'1714%

Q2'1712%

Q3'1714%

Q4'1712%

Q1'1810%

Q2'1811%

Q3'189%

MAU (Monthly Active Users)

326M

Totalaverage monthly active users

67M 259M

AverageUSMAUs

AverageinternationalMAUs

TWTR Q3 2018 Highlights

Revenue growth was strong, up 29% year-over-year, reflecting better-than-expected growth across most products and geographies. Strong revenue performance also drove better-than-expected profitability. Excluding the release of deferred tax asset valuation allowances of $683 million, we generated GAAP net income of $106 million, net margin of 14%, adjusted EBITDA of $295 million, and adjusted EBITDA margin of 39%.

We made meaningful progress improving the health of the public conversation on Twitter. Our most significant progress in Q3 can be seen in sign-up detection and identifying and challenging potentially automated, spammy, or malicious accounts. We've seen a 20% quarter-over-quarter decrease in successful sign-ups since the introduction of these new techniques and believe the majority of this improvement can be attributed to our recent health efforts.

DAU grew 9% year-over-year in Q3, despite ongoing health efforts, with double-digit growth in five of our top 10 global markets. We made a number of product improvements, including adding the ability to stream audio-only broadcasts and making it easier for people to find, follow, watch, and converse around TV programs and live broadcasts.

Q3'18 New #Live +Amplify Agreements

11

New agreements

8

From internationalmarkets

*Excluding the release of deferred tax asset valuation allowances of $683 million, we generated Q3 net income of $106 million and diluted EPS of $0.14.

TWTR Financial Overview

Total Revenue$Millions

Data licensing and other revenueAdvertising revenue

$758$108

$590$87

Q3'17

Adjusted EBITDA$Millions

Q3'18

Adjusted EBITDA**Adjusted EBITDA margin

39%

Q3'18

Q3'17

Net Cash Provided by Operating Activities$Millions

$444

$240

GAAP Net Income (Loss)

$Millions

GAAP net income (loss)GAAP net margin

-4%

Q3'17

Q3'18

Earnings Per Share

GAAP Diluted EPSNon-GAAP Diluted EPS**

$1.02*

$0.21

$0.10

-$0.03

Q3'17

Q3'18

Adjusted Free Cash Flow**$Millions

$327

$176

Q3'17

Q3'18

Q3'17

Q3'18

**For the definition and a reconciliation of non-GAAP financial measures to their corresponding GAAP measures, please refer to the reconciliation table at the end of theQ3'18 Letter to Shareholders.

Founded

April 2006

# of employees3,800+

Offices Worldwide

35+

Leadership

Jack Dorsey@jackCEO

Ned Segal@nedsegalCFO

Parag Agarwal@paragaTechnology Lead

Leslie Berland@leslieberlandPeople & Marketing Lead

Kayvon Beykpour@kayvzProduct Lead

Matt Derella@derellaCustomers Lead

Bruce Falck@brucefalck

Revenue Product Lead

Vijaya Gadde@vijayaCounsel Lead

Michael Montano@michaelmontanoEngineering Lead

Contact information

Corporate Headquarters

1355 Market Street, Suite 900

San Francisco, CA 94103

Investor Relations

Twitter / Periscope: @TwitterIRWebsite: investor.twitterinc.comEmail:ir@twitter.com

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Disclaimer

Twitter Inc. published this content on 06 November 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 06 November 2018 09:00:07 UTC