Source: Pinterest's 10-K / 10-Q XBRL data on SEC EDGAR · fetched Nov 06, 2026
Revenue, net income & free cash flow
Income statement
fiscal years · USD
Fiscal year
FY2017
FY2018
FY2019
FY2020
FY2021
FY2022
FY2023
FY2024
FY2025
Revenue
$472.85M
$755.93M
$1.14B
$1.69B
$2.58B
$2.80B
$3.06B
$3.65B
$4.22B
Cost of revenue
$178.66M
$241.58M
$358.90M
$449.36M
$529.32M
$678.60M
$688.76M
$750.36M
$841.52M
Gross profit
$294.19M
$514.35M
$783.86M
$1.24B
$2.05B
$2.12B
$2.37B
$2.90B
$3.38B
Research & development
$207.97M
$251.66M
$1.21B
$606.19M
$780.26M
$948.98M
$1.07B
$1.24B
$1.43B
Operating income
-$137.93M
-$74.72M
-$1.39B
-$142.50M
$326.19M
-$101.68M
-$125.68M
$179.82M
$319.88M
Pre-tax income
-$129.73M
-$62.56M
-$1.36B
-$127.02M
$320.97M
-$85.94M
-$16.44M
$287.61M
$445.89M
Income tax
$311.00K
$410.00K
$532.00K
$1.30M
$4.53M
$10.10M
$19.17M
-$1.57B
$29.04M
Net income
-$130.04M
-$62.97M
-$1.36B
-$128.32M
$316.44M
-$96.05M
-$35.61M
$1.86B
$416.86M
EBITDA
-$121.80M
-$53.86M
-$1.36B
-$105.52M
$353.69M
-$55.19M
-$104.17M
$201.08M
$345.03M
EPS (basic)
$-1.03
$-0.50
$-3.24
$-0.22
$0.49
$-0.14
$-0.05
$2.74
$0.62
EPS (diluted)
$-1.03
$-0.50
$-3.24
$-0.22
$0.46
$-0.14
$-0.05
$2.67
$0.61
Diluted shares
126.56M
127.09M
420.47M
596.26M
691.65M
665.73M
674.64M
698.38M
687.77M
Gross margin
62.2%
68.0%
68.6%
73.5%
79.5%
75.8%
77.5%
79.4%
80.1%
Operating margin
-29.2%
-9.9%
-121.5%
-8.4%
12.7%
-3.6%
-4.1%
4.9%
7.6%
Net margin
-27.5%
-8.3%
-119.1%
-7.6%
12.3%
-3.4%
-1.2%
51.1%
9.9%
Balance sheet
fiscal years · USD
Fiscal year
FY2017
FY2018
FY2019
FY2020
FY2021
FY2022
FY2023
FY2024
FY2025
Cash & equivalents
$71.47M
$122.51M
$649.67M
$669.23M
$1.42B
$1.61B
$1.36B
$1.14B
$969.34M
Short-term investments
—
$505.30M
$1.06B
$1.09B
$1.06B
$1.09B
$1.15B
$1.38B
$1.50B
Receivables
—
$221.93M
$316.37M
$563.73M
$653.36M
$681.53M
$763.16M
$893.40M
$997.85M
Total current assets
—
$889.35M
$2.07B
$2.36B
$3.18B
$3.45B
$3.34B
$3.48B
$3.56B
Goodwill
—
—
—
$6.91M
$40.21M
$100.23M
—
—
$100.23M
Total assets
—
$1.15B
$2.39B
$2.61B
$3.54B
$3.86B
$3.59B
$5.34B
$5.49B
Total current liabilities
—
$108.43M
$176.16M
$204.83M
$259.81M
$380.53M
$317.09M
$398.13M
$465.47M
Total liabilities
—
$281.89M
$369.61M
$367.09M
$498.50M
$581.08M
$503.73M
$591.51M
$746.89M
Shareholders' equity
-$546.46M
-$594.56M
$2.02B
$2.24B
$3.04B
$3.28B
$3.09B
$4.75B
$4.75B
Cash flow
fiscal years · USD
Fiscal year
FY2017
FY2018
FY2019
FY2020
FY2021
FY2022
FY2023
FY2024
FY2025
Operating cash flow
-$102.91M
-$60.37M
$657.00K
$28.83M
$752.91M
$469.20M
$612.96M
$964.59M
$1.28B
Capital expenditures
$41.19M
$22.19M
$33.78M
$17.40M
$9.03M
$28.98M
$8.06M
$24.61M
$32.38M
Free cash flow
-$144.10M
-$82.56M
-$33.13M
$11.43M
$743.88M
$440.22M
$604.90M
$939.99M
$1.25B
Investing cash flow
-$57.25M
$114.06M
-$586.50M
-$47.62M
-$25.86M
-$128.25M
-$36.99M
-$221.02M
-$134.48M
Financing cash flow
$150.26M
-$2.22M
$1.13B
$19.64M
$22.16M
-$148.93M
-$826.76M
-$968.32M
-$1.32B
Share buybacks
—
—
—
—
$0
$0
$500.00M
$600.20M
$927.01M
Stock-based compensation
$28.80M
$14.86M
$1.38B
$321.02M
$415.38M
$497.12M
$647.86M
$765.79M
$880.46M
Depreciation & amortization
$16.14M
$20.86M
$27.79M
$36.99M
$27.50M
$46.49M
$21.51M
$21.27M
$25.15M
Income statement
quarters · USD
Quarter ended
Dec 2023
Mar 2024
Jun 2024
Sep 2024
Dec 2024
Mar 2025
Jun 2025
Sep 2025
Dec 2025
Mar 2026
Jun 2026
Sep 2026
Revenue
$981.26M
$739.98M
$853.68M
$898.37M
$1.15B
$854.99M
$998.23M
$1.05B
$1.32B
$1.01B
$1.18B
$1.17B
Cost of revenue
$178.10M
$181.09M
$184.86M
$187.45M
$196.96M
$199.27M
$203.01M
$212.32M
$226.92M
$238.55M
$257.35M
$261.58M
Gross profit
$803.17M
$558.89M
$668.82M
$710.92M
$957.17M
$655.72M
$795.22M
$836.88M
$1.09B
$768.96M
$922.30M
$912.34M
Research & development
$267.98M
$280.27M
$312.84M
$326.68M
$320.77M
$331.67M
$359.62M
$371.25M
$364.90M
$380.79M
$451.01M
$428.08M
Operating income
$196.25M
-$54.42M
-$21.44M
-$5.92M
$261.59M
-$35.48M
-$4.33M
$58.52M
$301.17M
-$80.29M
-$55.20M
$30.34M
Pre-tax income
$231.10M
-$27.68M
$8.64M
$29.80M
$276.84M
-$3.67M
$34.65M
$87.20M
$327.71M
-$63.50M
-$49.16M
$35.13M
Income tax
$29.92M
-$2.86M
-$244.00K
-$758.00K
-$1.57B
-$12.59M
-$4.10M
-$4.91M
$50.64M
$10.09M
-$2.49M
$13.61M
Net income
$201.18M
-$24.81M
$8.89M
$30.56M
$1.85B
$8.92M
$38.76M
$92.11M
$277.07M
-$73.59M
-$46.67M
$21.52M
EBITDA
$201.57M
-$49.55M
-$16.52M
-$495.00K
$267.65M
-$29.63M
$1.76M
$65.72M
$307.18M
-$71.47M
-$43.41M
$38.29M
EPS (basic)
$0.30
$-0.04
$0.01
$0.05
$2.72
$0.01
$0.06
$0.14
$0.41
$-0.12
$-0.08
$0.04
EPS (diluted)
$0.30
$-0.04
$0.01
$0.04
$2.65
$0.01
$0.06
$0.13
$0.41
$-0.12
$-0.08
$0.04
Diluted shares
-212.00K
678.82M
708.26M
695.48M
-3.39M
689.36M
689.84M
694.53M
-3.48M
636.59M
562.91M
582.65M
Gross margin
81.9%
75.5%
78.3%
79.1%
82.9%
76.7%
79.7%
79.8%
82.8%
76.3%
78.2%
77.7%
Operating margin
20.0%
-7.4%
-2.5%
-0.7%
22.7%
-4.1%
-0.4%
5.6%
22.8%
-8.0%
-4.7%
2.6%
Net margin
20.5%
-3.4%
1.0%
3.4%
160.1%
1.0%
3.9%
8.8%
21.0%
-7.3%
-4.0%
1.8%
Balance sheet
quarters · USD
Quarter ended
Dec 2023
Mar 2024
Jun 2024
Sep 2024
Dec 2024
Mar 2025
Jun 2025
Sep 2025
Dec 2025
Mar 2026
Jun 2026
Sep 2026
Cash & equivalents
$1.36B
$1.63B
$1.38B
$1.04B
$1.14B
$1.25B
$1.22B
$1.13B
$969.34M
$378.08M
$422.48M
$654.34M
Short-term investments
$1.15B
$1.14B
$1.36B
$1.41B
$1.38B
$1.36B
$1.44B
$1.54B
$1.50B
$920.49M
$852.42M
$815.68M
Receivables
$763.16M
$563.87M
$664.29M
$680.51M
$893.40M
$709.99M
$760.11M
$800.52M
$997.85M
$830.38M
$932.00M
$916.76M
Total current assets
$3.34B
$3.41B
$3.49B
$3.23B
$3.48B
$3.40B
$3.52B
$3.57B
$3.56B
$2.24B
$2.32B
$2.53B
Goodwill
—
—
—
—
—
—
—
—
$100.23M
$475.29M
$475.29M
$475.29M
Total assets
$3.59B
$3.67B
$3.75B
$3.49B
$5.34B
$5.28B
$5.40B
$5.52B
$5.49B
$4.65B
$4.76B
$4.95B
Total current liabilities
$317.09M
$339.88M
$367.70M
$409.30M
$398.13M
$404.40M
$401.80M
$426.33M
$465.47M
$530.76M
$609.81M
$591.47M
Total liabilities
$503.73M
$522.88M
$549.46M
$597.25M
$591.51M
$594.23M
$591.03M
$690.44M
$746.89M
$1.79B
$1.87B
$1.85B
Shareholders' equity
$3.09B
$3.14B
$3.20B
$2.89B
$4.75B
$4.69B
$4.81B
$4.82B
$4.75B
$2.85B
$2.89B
$3.10B
Cash flow
quarters · USD
Quarter ended
Dec 2023
Mar 2024
Jun 2024
Sep 2024
Dec 2024
Mar 2025
Jun 2025
Sep 2025
Dec 2025
Mar 2026
Jun 2026
Sep 2026
Operating cash flow
$258.28M
$356.15M
$106.43M
$248.03M
$254.00M
$363.71M
$207.69M
$321.65M
$391.21M
$328.02M
$292.88M
$315.73M
Capital expenditures
$4.28M
$12.11M
$4.78M
$3.92M
$3.79M
$7.29M
$11.01M
$3.23M
$10.85M
$16.34M
$22.95M
$15.46M
Free cash flow
$254.00M
$344.03M
$101.64M
$244.11M
$250.20M
$356.42M
$196.68M
$318.42M
$380.37M
$311.68M
$269.93M
$300.27M
Investing cash flow
$21.72M
-$3.12M
-$211.16M
-$38.53M
$31.79M
$11.95M
-$86.07M
-$94.09M
$33.73M
$112.89M
$45.88M
$17.24M
Financing cash flow
-$87.50M
-$82.95M
-$150.59M
-$551.71M
-$183.07M
-$260.70M
-$158.34M
-$312.18M
-$586.72M
-$1.03B
-$294.49M
-$101.06M
Share buybacks
$0
$0
$33.34M
$466.66M
$100.20M
$175.00M
$52.63M
$197.39M
$502.00M
$1.95B
$78.58M
$0
Stock-based compensation
$163.23M
$162.47M
$196.43M
$207.98M
$198.91M
$187.43M
$227.23M
$235.14M
$230.67M
$231.45M
$324.52M
$291.69M
Depreciation & amortization
$5.32M
$4.86M
$4.92M
$5.42M
$6.06M
$5.85M
$6.09M
$7.21M
$6.01M
$8.83M
$11.79M
$7.95M
Quarterly figures are rebuilt from the year-to-date totals companies report — Q4 is the full year minus the first nine months, since no 10-Q is filed for it. Values are as filed; later restatements replace earlier ones. Fiscal years are labelled by the calendar year in which they end.