2季度Twitter财报相关资料Company-Metrics-and-Financials

1、Company MetricsMonthly Active Users (MAUs): Worldwide310313317318327326330(1)(2)330336335305318330QoQ%2%1%1%0%3%0%1%0%2%0%n/an/an/aYoY%3%3%3%4%5%4%4%4%3%3%6%4%4%MAUs: United States65666767696869686968656768QoQ%0%1%1%0%4%-2%2%-2%2%-1%n/an/an/aYoY%0%1%1%2%6%3%4%2%-1%1%3%2%2%MAUs: International24524725

2、0251257258260262267267241251262QoQ%2%1%1%0%2%0%1%1%2%0%n/an/an/aYoY%4%4%4%4%5%4%4%4%4%3%7%4%4%Daily Active Users (DAUs): Worldwide GrowthYoY%3%5%7%11%14%12%14%12%10%11%n/an/an/aAd Engagements (Growth)QoQ%17%28%14%48%11%4%17%30%7%11%n/an/an/aYoY%208%226%91%151%139%95%99%75%69%81%107%152%96%CPE (Growt

3、h)QoQ%-29%-21%-10%-21%-33%-1%-12%-1%-17%-6%n/an/an/aYoY%-56%-64%-44%-60%-63%-53%-54%-42%-28%-32%-23%-55%-52%Selected Company Metrics and Financials(in Millions)FY2015FY2016FY2017 FY 2016 FY 2017 FY 2018 Q116Q216Q316Q416Q117Q217Q317Q417Q118Q218In Q1 2018, we discovered that a software change made in

4、Q2 2017 resulted in a non-material overstatement of our historical MAU in 2017. The differences were between 30,000 - 400,000 in each period presented for total MAU. After rounding, the only impact to our prior disclosures was to reduce Q3 2017 international MAU from 261M to 260M due to a change of

5、approximately 175,000 international MAUs in that period.Please note that the sum of US MAU and International MAU does not add up to Total MAU in Q317 above due to rounding.1 of 3 FY 2016 FY 2017 FY 2018 Fiscal YearQ116Q216Q316Q416Q117Q217Q317Q417Q118Q218FY2015FY2016FY2017Revenue MixGAAP Revenue (Wor

6、ldwide)594,521601,958615,934717,206548,251573,855589,633731,560664,871710,5412,218,0322,529,6192,443,299QoQ%-16%1%2%16%-24%5%3%24%-9%7%YoY%36%20%8%1%-8%-5%-4%2%21%24%58%14%-3%Advertising Revenue530,741534,524544,966637,821473,780489,148502,802644,257575,156601,0601,994,0362,248,0522,109,987QoQ%-17%1

7、%2%17%-26%3%3%28%-11%5%YoY%37%18%6%0%-11%-8%-8%1%21%23%59%13%-6%Data Licensing & Other63,78067,43470,96879,38574,47184,70786,83187,30389,715109,481223,996281,567333,312QoQ%-9%6%5%12%-6%14%3%1%3%22%YoY%34%35%26%14%17%26%22%10%20%29%52%26%18%GAAP Revenue (United States)390,267360,676373,954439,879340,

8、584334,675332,092406,263346,570366,6571,443,2401,564,7761,413,614QoQ%-16%-8%4%18%-23%-2%-1%22%-15%6%YoY%35%12%1%-5%-13%-7%-11%-8%2%10%53%8%-10% of Total GAAP Revenue66%60%61%61%62%58%56%56%52%52%65%62%58%GAAP Revenue (International)204,254241,282241,980277,327207,667239,180257,541325,297318,301343,8

9、84774,792964,8431,029,685QoQ%-17%18%0%15%-25%15%8%26%-2%8%YoY%39%33%21%12%2%-1%6%17%53%44%69%25%7% of Total GAAP Revenue34%40%39%39%38%42%44%44%48%48%35%38%42%GAAP P&LGAAP Revenue594,521601,958615,934717,206548,251573,855589,633731,560664,871710,5412,218,0322,529,6192,443,299Cost of Revenue198,40520

10、2,966225,159305,710220,339212,908210,016217,979222,823230,185729,256932,240861,242Research and Development155,794178,511177,049202,128128,728143,171136,115133,996123,346138,574806,648713,482542,010Sales and Marketing236,171236,619224,436260,603169,594185,296172,957189,572178,059188,032871,491957,829

11、717,419General and Administrative63,26770,23867,37992,39269,86870,83963,26679,91565,71874,126260,673293,276283,888Income (Loss) from Operations(59,116)(86,376)(78,089)(143,627)(40,278)(38,359)7,279110,09874,92579,624(450,036)(367,208)38,740Interest Expense(24,893)(24,934)(24,860)(25,281)(25,409)(26,

12、396)(26,732)(26,700)(27,015)(29,982)(98,178)(99,968)(105,237)Interest Income4,7425,5676,4987,4698,52010,48612,02813,34916,18121,9609,07324,27644,383Other Income (Expense), net1,5641,167142(807)(1,198)(58,806)(10,106)(3,194)(209)(5,735)5,8362,066(73,304)Provision (Benefit) for Income Taxes2,0282,6416

13、,5624,8083,1943,4133,5642,4742,885(34,250)(12,274)16,03912,645Net Income (Loss)(79,731)(107,217)(102,871)(167,054)(61,559)(116,488)(21,095)91,07960,997100,117(521,031)(456,873)(108,063)Non-GAAP Financial DataAdjusted EBITDA180,468174,602181,316215,107169,939177,874206,999308,174244,054264,810557,807

14、751,493862,986Adjusted EBITDA Margin30%29%29%30%31%31%35%42%37%37%25%30%35%Non-GAAP Net Income65,74759,53861,38777,73453,23456,37077,848141,407122,990133,955180,486264,406328,859Selected Balance Sheet DataCash, Cash Equivalents, and Short-Term Investments3,576,4103,588,1583,664,1833,774,5793,943,677

15、4,079,9124,258,0964,403,1024,528,8315,661,1153,495,3483,774,5794,403,102Working Capital3,966,1443,932,4014,007,8154,068,1754,206,3404,345,5244,521,2204,738,6064,880,5815,946,0853,875,7534,068,1754,738,606Property and Equipment, net746,713758,837803,305783,901782,421781,272753,317773,715801,912914,79

16、5735,299783,901773,715Total Stockholders Equity4,477,4864,556,8534,629,3324,604,9354,690,3764,728,8964,829,4065,047,2185,210,4365,570,9044,368,0474,604,9355,047,218Adjusted Free Cash FlowCash Flows from Operating Activities162,764214,556189,192196,543203,448189,707239,947198,107242,673321,140383,066

17、763,055831,209Purchases of Property and Equipment(59,148)(39,087)(72,317)(48,105)(39,881)(44,626)(36,076)(40,159)(93,091)(196,450)(347,280)(218,657)(160,742)Proceeds from Sales of Property and Equipment000001,2901,49301,7632,693002,783Equipment Purchases Under Capital Leases4,34921,57337,10037,25937

18、,43433,49229,70722,60216,086031,215100,281123,235Adjusted Free Cash Flow99,267153,89679,775111,179126,133112,879175,657135,346135,259127,3834,571444,117550,015Selected Cash Flow Supplemental DisclosuresCash Flows from Investing Activities (3)(28,342)(284,399)(91,089)(189,418)17,397(83,686)85,043(135

19、,280)(258,992)(413,531)(898,872)(593,248)(116,526)Cash Flows from Financing Activities(24,079)(9,604)(27,851)(22,441)(23,652)(15,171)(27,020)(12,530)(29,036)1,048,908(62,998)(83,975)(78,373)Selected Company Metrics and Financials($ in 000s)(3) The Company adopted the new accounting standard on the p

20、resentation of restricted cash in the statement of cash flows retrospectively during the three months ended March 31, 2018. As a result of the adoption, cash flows from investing activities were adjusted to exclude the changes in restricted cash for all historical periods presented prior to Q118.2 o

21、f 3Q116Q216Q316Q416Q117Q217Q317Q417Q118Q218FY2015FY2016FY2017Reconciliation of Net Income (Loss) to Adjusted EBITDANet Income (Loss)(79,731)(107,217)(102,871)(167,054)(61,559)(116,488)(21,095)91,07960,997100,117(521,031)(456,873)(108,063)Stock-Based Compensation Expense150,916167,695158,527138,09511

22、6,997113,396100,959102,45473,26679,469682,118615,233433,806Depreciation and Amortization Expense88,62193,283100,878119,390102,792103,06397,49292,52096,846105,982312,823402,172395,867Interest and Other Expense (Income), Net18,58718,20018,22018,61918,08774,71624,81016,54511,04313,75783,26973,626134,15

23、8Provision (Benefit) for Income Taxes2,0282,6416,5624,8083,1943,4133,5642,4742,885(34,250)(12,274)16,03912,645Restructuring Charges and One-Time Nonrecurring Gain4700101,249(9,572)(226)1,2693,102(983)(265)12,902101,296(5,427)Adjusted EBITDA180,468174,602181,316215,107169,939177,874206,999308,174244,

24、054264,810557,807751,493862,986Reconciliation of Net Income (Loss) to Non-GAAP Net IncomeNet Income (Loss)(79,731)(107,217)(102,871)(167,054)(61,559)(116,488)(21,095)91,07960,997100,117(521,031)(456,873)(108,063)Exclude: Provision (Benefit) for Income Taxes2,0282,6416,5624,8083,1943,4133,5642,4742,8

25、85(34,250)(12,274)16,03912,645Net Income (Loss) Before Income Taxes(77,703)(104,576)(96,309)(162,246)(58,365)(113,075)(17,531)93,55363,88265,867(533,305)(440,834)(95,418)Stock-Based Compensation Expense150,916167,695158,527138,095116,997113,396100,959102,45473,26679,469682,118615,233433,806Amortizat

26、ion of Acquired Intangible Assets12,73012,81616,57227,22016,19114,34011,0774,9294,9424,87654,65969,33846,537Non-Cash Interest Expense Related to Convertible Notes18,37018,57018,65019,07019,24820,04120,35520,41720,72223,30969,18574,66080,061Non-Cash Expense Related to Acquisition000000000092600Impair

27、ment of Investments in Privately-Held Companies0000055,0007,439003,0000062,439Restructuring Charges and One-Time Nonrecurring Gain4700101,249(9,572)(226)1,2693,102(983)(265)12,902101,296(5,427)Non-GAAP Income Before Income Taxes104,36094,50597,440123,38884,49989,476123,568224,455161,829176,256286,485419,693521,998Non-GAAP Provision for Income Taxes (4)38,61334,96736,05345,65431,26533,10645,72083,04838,83942,301105,999155,287193,139Non-GAAP Net Income65,74759,53861,38777,73453,23456,37077,848141,407122