Oct 29, 4:07 PM ET
Pinterest reported third-quarter 2026 revenue of $1,174 million, up 12% year over year, and a record 661 million monthly active users. GAAP net income fell to $22 million from $92 million a year earlier, and it guided fourth-quarter revenue to $1,425 million to $1,475 million. Shareholders get stronger top-line growth alongside a sharp drop in GAAP profit.
- Q3 revenue was $1,174 million, up 12% year over year; U.S. and Canada revenue rose 14% to $894 million.
- GAAP net income was $22 million, down 77% from $92 million; diluted EPS was $0.04 versus $0.13.
- Adjusted EBITDA was $339 million, up 11%; free cash flow was $300 million.
- Q4 2026 guidance: revenue of $1,425 million to $1,475 million (8% to 12% growth) and Adjusted EBITDA of $538 million to $588 million.
Read the filing on SEC.gov ↗
Oct 15, 4:36 PM ET
Pinterest entered into an amended and restated five-year, $700 million revolving credit facility on October 15, 2026, replacing its previous $500.0 million facility from October 2022. The filing states there were no amounts outstanding under the new facility as of October 15, 2026, and that the company is in compliance with all covenants, so the agreement adds borrowing capacity without current debt.
- Five-year, $700 million revolving credit facility with JPMorgan Chase Bank, N.A. as administrative agent, replacing a $500.0 million facility
- Borrowings accrue at SOFR plus a 1.25% margin, or an alternative base rate plus 0.25%, at the company's election
- Covenants include a maximum net leverage ratio of 3.50 to 1.00, and secured liens on substantially all domestic assets that are released upon an investment grade period
- No amounts outstanding under the facility as of October 15, 2026
Read the filing on SEC.gov ↗
Oct 5, 4:20 PM ET
Pinterest appointed James Dibbo, formerly Vice President and CFO for Global Entertainment, Advertising and Corporate Development at Amazon, as Chief Financial Officer effective October 26, 2026. Current CFO Julia Brau Donnelly leaves that role on the same date and stays as an advisor through October 30, 2026, and the filing says no interim principal financial officer will be named from Vikram Naidu's team. The filing lays out a sizable compensation package, which matters to shareholders because it ties Dibbo's pay to stock value and relative total shareholder return.
- Dibbo's base salary is $650,000, with a target annual cash bonus of 100% of salary, prorated for 2026.
- Initial equity awards total about $19,980,000 in restricted stock units plus a $3,200,000 target-value performance share award, with an anticipated $9,000,000 RSU grant in April 2027.
- Dibbo becomes principal financial officer effective October 30, 2026; Donnelly leaves the CFO role October 26, 2026 and remains an advisor through October 30, 2026.
- Dibbo will report to CEO Bill Ready and lead the global finance organization, including investor relations and treasury.
Read the filing on SEC.gov ↗
Oct 2, 5:10 PM ET
On September 30, 2026, Pinterest's board amended and restated its severance and change-in-control plan for employees in Level 21 positions, effective that day. The changes include a bonus formula for terminations tied to a change in control and a revised good reason definition that covers bonus cuts above 10%.
- Plan covers certain employees in job category Level 21; amended and restated effective September 30, 2026.
- Non-change-in-control termination: pro-rated target annual bonus, subject to a separation and release agreement.
- Change-in-control termination: greater of target bonus or bonus based on actual performance; single-trigger equity acceleration only if awards are not assumed or replaced.
- Good reason now includes a reduction of more than 10% in target annual bonus; full plan text to be filed with the next 10-Q.
Read the filing on SEC.gov ↗
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.