Twitter : Q1' 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.

Q1'21 Highlights

Q1 was a solid start to the year with total revenue of $1.04 billion up 28% year over year, reflecting strength in brand advertising in March as well as accelerating year-over-year growth in Mobile App Promotion (MAP) revenue. Operating margin of 5% reflects ongoing investments across our top objectives.

Average monetizable DAU (mDAU) reached 199 million, up 20% year over year and up 7 million sequentially, driven by ongoing product improvements and global conversation around current events.

We made significant progress on our brand and direct response products, with updated ad formats, improved measurement, and new brand safety controls, contributing to 32% year- over-year growth in ad revenue in Q1.

Average Monetizable DAU (mDAU)		199(1)
		166		38
199 Million Q1'21
33

		162
	US	133

International

In Millions

Q1'20Q1'21

1. The sum of US and international mDAU does not add up to total mDAU due to rounding.

CONFIDENTIAL@TwitterIR

Total Revenue $Millions

US

International

$1,036

$808(2)

$556

$468

GAAP Net Income (Loss) $Millions

GAAP net income (loss) GAAP net margin

7%

$68

Founded

April 2006

# of employees

6,100+

Offices Worldwide 35+

Leadership

$339

$480

-1%

-$8

Jack Dorsey @jack Chief Executive Officer

Ned Segal @nedsegal

Q1'20 Q1'21

Net Cash Flow from Operations $Millions

$390

$247

Q1'20 Q1'21

Diluted Earnings Per Share

$0.08

-$0.01

Q1'20 Q1'21

Q1'20 Q1'21

Adjusted Free Cash Flow(3) $Millions

$211

$126

Q1'20 Q1'21

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

Matt Derella @Derella

Customers Lead

Bruce Falck @boo

Revenue Product Lead

Vijaya Gadde @vijaya

Head of Legal, Policy, & Trust

Michael Montano @michaelmontano Engineering Lead

Peiter "Mudge" Zatko @dotMudge Head of Security

Contact information

Corporate Headquarters

1355 Market Street, Suite 900

San Francisco, CA 94103

Investor Relations

Twitter: @TwitterIR

1. The sum of US and international revenue does not add up to total revenue due to rounding.
2. 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 Q1'21 Letter to Shareholders.

Website: investor.twitterinc.com

Email: [e-mail]