For the full fiscal year 2023, Squarespace currently expects:
- Revenue of $955 million to $970 million, or year-over-year growth of 10% to 12%.
- Non-GAAP unlevered free cash flow of $183 million to $198 million, which represents a margin of 20% and year-over-year growth of 15% at the midpoint. This is the result of:
- Cash flow from operating activities of $169 million to $182 million, minus
- Capital expenditures, expected in the range of $7 million to $9 million; plus
- Cash paid for interest expense net of associated tax benefit, expected to be approximately $23 million.
