Page 1

EX - 99.2 3 mntv - ex992_6.htm EX - 99.2 momentive Momentive Announces Second Quarter 2021 Financial Results RPO Increases 24 % , Deferred Revenue Increases 24 % Year - over - year Revenue Increases 20 % Year - over - year Exhibit 99.2 SAN MATEO , Calif . - August 4 , 2021 - Momentive ( NASDAQ : MNTV ) , an agile experience management company ( formerly SurveyMonkey ) , today reported second quarter results for the period ended June 30 , 2021 . " In Q2 , we executed on our corporate rebrand to Momentive while delivering strong Q2 financial results : 20 % year- over - year revenue growth , even faster expansion of our leading growth indicators , and a 22 % free cash flow margin , " said Zander Lurie , chief executive officer of Momentive . “ At Momentive , we're launching and selling solutions to help enterprises like NBC Universal , Daimler , and Kellogg shape what's next for their stakeholders . " Q2 2021 Key Results • • Total revenue was $ 109.4 million , an increase of 20 % year - over - year . Enterprise sales revenue was $ 33.9 million , an increase of 33 % year - over year . Enterprise sales revenue accounted for approximately 31 % of total revenue , up from approximately 28 % in Q2 2020. We ended the quarter with approximately 9,400 enterprise sales customers , up 30 % from approximately 7,200 in Q2 2020 . Self - serve revenue was $ 75.5 million , an increase of 15 % year - over - year . Leading Growth Indicators : Deferred revenue was $ 197.3 million , an increase of 24 % year - over - year . Remaining performance obligations ( RPO ) were $ 221.6 million , an increase of 24 % year - over - year . Paying users totaled approximately 862,200 , an increase of approximately 81,200 , or 10 % from approximately 781,000 in Q2 2020. Approximately 90 % of our paying users were on annual plans , up from 86 % a year ago . Average revenue per user was $ 514 , up approximately 8 % from $ 478 in Q2 2020 . GAAP operating margin was negative 24.4 % and non - GAAP operating margin was 1.3 % . • GAAP net loss was $ 29.2 million and GAAP diluted net loss per share was $ 0.20 . Non - GAAP net loss was $ 0.8 million and non - GAAP diluted net loss per share was $ 0.01 . • • Net cash provided by operating activities was $ 26.2 million and free cash flow was $ 23.8 million for 24.0 % and 21.7 % margin , respectively . Cash and cash equivalents totaled $ 283.2 million and total debt was $ 212.7 million for net cash of $ 70.5 million as of June 30 , 2021 . 1