PINS · Pinterest, Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.01B | - | $1.05B | $998.23M | $854.99M | - | $898.37M | $853.68M | $739.98M | - |
| Cost of Revenue | $238.55M | - | $212.32M | $203.01M | $199.27M | - | $187.45M | $184.86M | $181.09M | - |
| Gross Profit | $768.96M | - | $836.88M | $795.22M | $655.72M | - | $710.92M | $668.82M | $558.89M | - |
| R&D | $380.79M | - | $371.25M | $359.62M | $331.67M | - | $326.68M | $312.84M | $280.27M | - |
| SG&A | $103.52M | - | $110.43M | $126.85M | $105.61M | - | $141.12M | $112.07M | $106.74M | - |
| Total Operating Expenses | $1.09B | - | $990.69M | $1.00B | $890.47M | - | $904.29M | $875.12M | $794.40M | - |
| D&A | $8.83M | - | - | - | $5.85M | - | - | - | $4.86M | - |
| Operating Income | ($80.29M) | - | $58.52M | ($4.33M) | ($35.48M) | - | ($5.92M) | ($21.44M) | ($54.42M) | - |
| Interest Expense | - | - | - | - | - | - | - | - | - | - |
| Income Tax | $10.09M | - | ($4.91M) | ($4.10M) | ($12.59M) | - | ($758.0K) | ($244.0K) | ($2.86M) | - |
| Net Income | ($73.59M) | - | $92.11M | $38.76M | $8.92M | - | $30.56M | $8.89M | ($24.81M) | - |
| EPS - Basic | ($0.12) | - | $0.14 | $0.06 | $0.01 | - | $0.05 | $0.01 | ($0.04) | - |
| EPS - Diluted | ($0.12) | - | $0.13 | $0.06 | $0.01 | - | $0.04 | $0.01 | ($0.04) | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $378.08M | $969.34M | $1.13B | $1.22B | $1.25B | $1.14B | $1.04B | $1.38B | $1.63B | $1.36B |
| Accounts Receivable | $830.38M | $997.85M | $800.52M | $760.11M | $709.99M | $893.40M | $680.51M | $664.29M | $563.87M | $763.16M |
| Inventory | - | - | - | - | - | - | - | - | - | - |
| Accounts Payable | $74.98M | $129.81M | $90.59M | $91.87M | $96.69M | $84.03M | $88.88M | $73.92M | $83.65M | $79.06M |
| Current Assets | $2.24B | $3.56B | $3.57B | $3.52B | $3.40B | $3.48B | $3.23B | $3.49B | $3.41B | $3.34B |
| Total Assets | $4.65B | $5.49B | $5.52B | $5.40B | $5.28B | $5.34B | $3.49B | $3.75B | $3.67B | $3.59B |
| Current Liabilities | $530.76M | $465.47M | $426.33M | $401.80M | $404.40M | $398.13M | $409.30M | $367.70M | $339.88M | $317.09M |
| Long-term Debt | - | - | - | - | - | - | - | - | - | - |
| Total Liabilities | $1.79B | $746.89M | $690.44M | $591.03M | $594.23M | $591.51M | $597.25M | $549.46M | $522.88M | $503.73M |
| Stockholders' Equity | $2.85B | $4.75B | $4.82B | $4.81B | $4.69B | $4.75B | $2.89B | $3.20B | $3.14B | $3.09B |
| Retained Earnings | $55.11M | $128.69M | ($148.38M) | ($240.49M) | ($279.24M) | ($288.16M) | ($2.14B) | ($2.17B) | ($2.18B) | ($2.15B) |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $328.02M | - | - | - | $363.71M | - | - | - | $356.15M | - |
| Investing Cash Flow | $112.89M | - | - | - | $11.95M | - | - | - | ($3.12M) | - |
| Financing Cash Flow | ($1.03B) | - | - | - | ($260.70M) | - | - | - | ($82.95M) | - |
| CapEx | $16.34M | - | - | - | $7.29M | - | - | - | $12.11M | - |
| Free Cash Flow | $311.68M | - | - | - | $356.42M | - | - | - | $344.03M | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 76.3% | - | 79.8% | 79.7% | 76.7% | - | 79.1% | 78.3% | 75.5% | - |
| Operating margin | -8.0% | - | 5.6% | -0.4% | -4.1% | - | -0.7% | -2.5% | -7.4% | - |
| EBITDA margin | -7.1% | - | - | - | -3.5% | - | - | - | -6.7% | - |
| Net margin | -7.3% | - | 8.8% | 3.9% | 1.0% | - | 3.4% | 1.0% | -3.4% | - |
| Free cash flow margin | 30.9% | - | - | - | 41.7% | - | - | - | 46.5% | - |
| FCF / Net income | -4.24 | - | - | - | 39.95 | - | - | - | -13.87 | - |
| R&D / Revenue | 37.8% | - | 35.4% | 36.0% | 38.8% | - | 36.4% | 36.6% | 37.9% | - |
| SG&A / Revenue | 10.3% | - | 10.5% | 12.7% | 12.4% | - | 15.7% | 13.1% | 14.4% | - |
| Effective tax rate | - | - | -5.6% | -11.8% | - | - | -2.5% | -2.8% | - | - |
| Return on assets | -1.6% | - | 1.7% | 0.7% | 0.2% | - | 0.9% | 0.2% | -0.7% | - |
| Return on equity | -2.6% | - | 1.9% | 0.8% | 0.2% | - | 1.1% | 0.3% | -0.8% | - |
| Return on invested capital | - | - | - | - | - | - | - | - | - | - |
| Liquidity | ||||||||||
| Current ratio | 4.23 | 7.64 | 8.36 | 8.76 | 8.41 | 8.75 | 7.90 | 9.50 | 10.04 | 10.53 |
| Quick ratio | 4.23 | 7.64 | 8.36 | 8.76 | 8.41 | 8.75 | 7.90 | 9.50 | 10.04 | 10.53 |
| Cash ratio | 0.71 | 2.08 | 2.66 | 3.03 | 3.10 | 2.85 | 2.53 | 3.74 | 4.80 | 4.30 |
| Leverage | ||||||||||
| Debt / Equity | - | - | - | - | - | - | - | - | - | - |
| Debt / Assets | - | - | - | - | - | - | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | - | - | - | - | - | - | - | - | - | - |
| Equity multiplier | 1.63 | 1.16 | 1.14 | 1.12 | 1.13 | 1.12 | 1.21 | 1.17 | 1.17 | 1.16 |
| Liabilities / Assets | 0.39 | 0.14 | 0.13 | 0.11 | 0.11 | 0.11 | 0.17 | 0.15 | 0.14 | 0.14 |
| Efficiency | ||||||||||
| Asset turnover | 0.22 | - | 0.19 | 0.18 | 0.16 | - | 0.26 | 0.23 | 0.20 | - |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | 301d | - | 278d | 278d | 303d | - | 276d | 284d | 278d | - |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | 115d | - | 156d | 165d | 177d | - | 173d | 146d | 169d | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | - | - | 247.5x | 597.7x | 3100.0x | - | 809.2x | 4407.0x | - | - |
| P / B | 4.1x | - | 4.6x | 5.1x | 4.6x | - | 7.8x | 9.8x | 7.5x | - |
| P / S | 11.6x | - | 21.3x | 24.8x | 25.0x | - | 25.1x | 36.6x | 31.8x | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 17.8% | - | 16.8% | 16.9% | 15.5% | - | 17.7% | 20.6% | 22.8% | - |
| Revenue CAGR (3y) | 18.7% | - | 15.3% | 14.4% | 14.1% | - | 12.4% | 11.7% | 15.1% | - |
| Revenue CAGR (5y) | 15.7% | - | 18.8% | 29.7% | 25.7% | - | 26.3% | 26.7% | 41.3% | - |
| Gross profit growth (YoY) | 17.3% | - | 17.7% | 18.9% | 17.3% | - | 20.0% | 24.0% | 29.5% | - |
| Operating income growth (YoY) | -126.3% | - | - | 79.8% | 34.8% | - | -18.3% | 70.7% | 77.7% | - |
| Net income growth (YoY) | - | - | 201.4% | 336.1% | - | - | 353.8% | - | 88.1% | - |
| EPS growth (YoY) | - | - | 225.0% | 500.0% | - | - | 300.0% | - | 87.1% | - |
| EPS CAGR (3y) | - | - | - | - | - | - | -34.1% | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | -12.6% | - | - | - | 3.6% | - | - | - | 89.6% | - |
| FCF CAGR (5y) | 3.0% | - | - | - | 47.9% | - | - | - | 69.1% | - |
| Book value growth (YoY) | -39.2% | -0.1% | 66.7% | 50.5% | 49.1% | 53.7% | 3.1% | 18.8% | 2.7% | -5.8% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Geographic
$7.13B totalUnited States And Canada$3.05B · 42.8%
US$2.91B · 40.8%
Europe$779.09M · 10.9%
Rest Of World$390.04M · 5.5%
Peer comparison
Same SIC group: Services-Computer Programming, Data Processing, Etc.
Comparing PINTEREST against the 5 most active filers in the same SIC group.