Twitter : Q3' 2020 Fact Sheet

@TwitterIR

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.

Monetizable Daily Active Usage (mDAU)

Year-Over-Year Growth

Q4'18	9%
Q1'19	11%
Q2'19	14%
Q3'19	17%
Q4'19	21%
Q1'20	24%
Q2'20	34%

Q3'20

29%

Twitter, Inc. | 2020

Q3'20 Highlights

Advertisers significantly increased their investment on Twitter in Q3, engaging our larger audience around the return of events and increased product launches, driving revenue to $936 million, up 14% year over year.

Average monetizable DAU (mDAU) grew 29% year over year to 187 million, driven by global conversation around current events and product improvements. Average mDAU grew 1 million sequentially, reflecting increased retention across new and recently reactivated accounts due to the ongoing impact of product improvements.

We made progress on our brand and direct response products, with updated ad formats, improved measurement, and better prediction. We continue to iterate on our revamped Mobile Application Promotion (MAP) offering and have decided to delay general availability until 2021, when we can integrate expected new industry-standard mobile privacy requirements.

@TwitterIR

Q3'20 Financial Overview

Total Revenue	GAAP Net Income
$Millions	$Millions
	Data licensing and other revenue		GAAP net income
	Advertising revenue		GAAP net margin

Founded

April 2006

• of employees 5,400+

$824*	$936
$128
$121
$702	$808
Q3'19	Q3'20

4%
	3%
$37	$29
Q3'19	Q3'20

Offices Worldwide

35+

Leadership

Jack Dorsey @jack

CEO

Ned Segal @nedsegal

Net Cash Flow From Operations	Adjusted Free Cash Flow**
$Millions	$Millions

CFO

Parag Agarwal @paraga

$336
	$215
Q3'19	Q3'20

$167

-$74

Q3'19 Q3'20

Technology Lead

Leslie Berland @leslieberland People & Marketing Lead

Kayvon Beykpour @kayvz Product Lead

Dantley Davis @dantley Design and Research Lead

Diluted Earnings Per Share

$0.05	$0.04
Q3'19	Q3'20

*Please note that the sum of data licensing and other revenue and advertising revenue does not add up to total revenue in Q3'19 due to rounding.

**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 the Q3'20 Letter to Shareholders.

Twitter, Inc. | 2020

Matt Derella @derella

Customers Lead

Bruce Falck @brucefalck

Revenue Product Lead

Vijaya Gadde @vijaya

Counsel Lead

Michael Montano @michaelmontano Engineering Lead

Contact information

Corporate Headquarters

1355 Market Street, Suite 900

San Francisco, CA 94103

Investor Relations

Twitter / Periscope: @TwitterIR

Website: investor.twitterinc.com

Email: [e-mail]