Twitter : Q2' 2021 Fact Sheet

@TwitterIR

Investor Fact Sheet

About Twitter, Inc.

(NYSE:TWTR)

Twitter is what's happening and what people are talking about right now. To learn more, visit about.twitter.com and follow @Twitter. Let's talk.

Q2 was a strong quarter with total revenue of $1.19 billion, up 74% year over year, reflecting better-than-expected performance across all major products and geographies. Strong revenue performance also drove better-than-expected profitability, with GAAP operating income of $30 million and GAAP operating margin of 3%.

Average monetizable DAU (mDAU) reached

206 million, up 11% year over year and up 7 million sequentially, driven by ongoing product improvements and global conversation around current events.

We continued to improve our brand and direct response ad products with updated formats, measurement, and prediction. Revenue product improvements, strong sales execution, and a broad increase in advertiser demand contributed to 87% year-over-year growth in ad revenue in Q2.

Average Monetizable DAU (mDAU)

206 Million Q2'21		206
	186
		37
	36

		US	150	169
		International
	In Millions
			Q2'20	Q2'21

CONFIDENTIAL@TwitterIR

Total Revenue

$Millions

US International

$1,190

$683(1)$653

$365

$537

$319

Q2'20 Q2'21

Net Cash Flow from Operations

$Millions

$382

$201

Q2'20 Q2'21

Diluted Earnings Per Share

$0.08

-$1.75(2)

Q2'20 Q2'21

GAAP Net Income (Loss)

$Millions

GAAP net income (loss) GAAP net margin

6%

-202%$66

-$1,378(2)

Q2'20 Q2'21

Adjusted Free Cash Flow(3)

$Millions

$106

$39

Q2'20 Q2'21

Founded

April 2006

# of employees

6,600+

Offices Worldwide 35+

Leadership

Jack Dorsey @jack

Chief Executive Officer

Ned Segal @nedsegal

Chief Financial Officer

Parag Agarwal @paraga

Chief Technology Officer

Leslie Berland @leslieberland Chief Marketing Officer

Kayvon Beykpour @kayvz

Product Lead

Jennifer Christie @jenchristiehr Chief Human Resource Officer

Dantley Davis @dantley

Head of Design & Research

Bruce Falck @boo

Revenue Product Lead

Vijaya Gadde @vijaya

Head of Legal, Policy, & Trust

Michael Montano @michaelmontano Engineering Lead

Sarah Personette @SEP

Customers Lead

Peiter "Mudge" Zatko @dotMudge

Head of Security

Contact information

Corporate Headquarters

1355 Market Street, Suite 900 San Francisco, CA 94103

Investor Relations

1. The sum of US and international revenue does not add up to total revenue due to rounding.
2. In Q2'20 we incurred a net loss of $1.38 billion, representing a net margin of -202% and diluted EPS of ($1.75). Excluding the impact of the income tax expense due to the establishment of a valuation allowance against deferred tax assets, Q2 2020 adjusted net loss was $277 million, representing an adjusted net margin of -40% and adjusted diluted EPS of ($0.35).
3. 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 Q2'21 Letter to Shareholders.

Twitter: @TwitterIR

Website: investor.twitterinc.com

Email: [e-mail]