AI brief of an SEC Form 8-K · Pinterest (PINS)

Pinterest Q1 revenue rises 18% to $1,008 million, but GAAP net loss of $74 million

Mixed Impact 4 of 5 earnings Written later

Pinterest reported first-quarter 2026 revenue of $1,008 million, up 18% year over year, with global monthly active users at a record 631 million. The company posted a GAAP net loss of $74 million, compared with net income of $8.9 million a year earlier, and guided second-quarter revenue to $1,133 million to $1,153 million. Chief Accounting Officer Andrea Acosta is leaving effective May 8, 2026, and CFO Julia Brau Donnelly will also serve as principal accounting officer.

Key points

  • Q1 2026 revenue was $1,008 million, up 18% year over year; up 15% on a constant currency basis
  • GAAP net loss was $74 million, including a $47.1 million restructuring charge; Adjusted EBITDA was $207 million, up 20%
  • Q2 2026 guidance: revenue of $1,133 million to $1,153 million (14% to 16% growth) and Adjusted EBITDA of $256 million to $276 million
  • Andrea Acosta resigned as Chief Accounting Officer effective May 8, 2026; the company said the departure was not due to any disagreement

The filing

CompanyPinterest (PINS)
Form8-K, current report
Filed with the SECMay 4, 2026, 4:08 PM ET
Accession number0001506293-26-000066

Items reported: 2.02 Results of Operations5.02 Director / Officer Change

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 12:56 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 04, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.