PINTEREST, INC.

Listed Company

PINSCIK 0001506293NYSELarge AcceleratedServices-Computer Programming, Data Processing, Etc.DelawareFY ends Dec 31

Period

FY 2025

Revenue

$4.22B

Net Income

$416.86M

Total Assets

$5.49B

Equity

$4.75B

Shares Out

Op. Cash Flow

$1.28B

Business

PINTEREST, INC. is a visual search and discovery platform that enables users to move from inspiration to action via mobile applications and the web. It offers Pins—images, videos, collages and product listings—along with user-created boards and AI-powered recommendation systems. The company operates a consumer platform and an advertising system that provides multiple ad formats, auction-based delivery, measurement solutions and campaign management tools. Pinterest distributes content globally across over 100 countries through surfaces such as the Home Feed, Search, Related Pins, boards and partner integrations.

Summary from filing dated 2025-02-06

Financials

Consolidated Statement of Income

Year Ended · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Revenue	4,222	3,646	3,055	2,803	2,578
Cost of revenue	842	750	689	679	529
Research and development	1,427	1,241	1,068	949	780
Sales and marketing	1,167	1,012	911	933	641
General and administrative	466	464	512	344	301
Total costs and expenses	3,902	3,466	3,181	2,904	2,252
Income (loss) from operations	320	180	−126	−102	326
Interest income (expense), net	110	127	105	30	3
Other income (expense), net	16	−19	4	−15	−8
Income (loss) before provision for (benefit from) income taxes	446	288	−16	−86	321
Provision for (benefit from) income taxes	29	−1,575	19	10	5
Net income (loss)	417	1,862	−36	−96	316
Basic (in dollars per share)	0.62	2.74	−0.05	−0.14	0.49
Diluted (in dollars per share)	0.61	2.67	−0.05	−0.14	0.46
Basic (in shares)	675	679	675	666	640
Diluted (in shares)	688	698	675	666	692

Consolidated Balance Sheet

As of · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Cash and cash equivalents	969	1,136	1,362	1,611	1,420
Marketable securities	1,498	1,376	1,149	1,087	1,060
Accounts receivable, net	998	893	763	682	653
Prepaid expenses and other current assets	91	78	64	75	48
Total current assets	3,556	3,485	3,339	3,455	3,182
Property and equipment, net	66	46	32	60	53
Operating lease right-of-use assets	150	86	92	206	228
Goodwill and intangible assets, net	106	110	117	125	61
Deferred tax assets	1,592	1,603	3	—	—
Other assets	21	14	11	17	13
Total assets	5,492	5,343	3,594	3,863	3,537
Accounts payable	130	84	79	88	18
Accrued expenses and other current liabilities	336	314	238	293	242
Total current liabilities	465	398	317	381	260
Operating lease liabilities	221	151	161	179	209
Other liabilities	61	42	26	22	30
Total liabilities	747	592	504	581	498
Commitments and contingencies	—	—	—	—	—
Class A common stock, $0.00001 par value, 6,666,667 shares authorized, 584,866 and 593,462 shares issued and outstanding as of December 31, 2025 and 2024, respectively; Class B common stock, $0.00001 par value, 1,333,333 shares authorized, 79,680 and 82,471 shares issued and outstanding as of December 31, 2025 and 2024, respectively	7,000	7,000	7,000	7,000	7,000
Additional paid-in capital	4,612	5,039	5,242	5,408	5,060
Accumulated other comprehensive income (loss)	4	−130,000	−1	−11	−2
Retained earnings (accumulated deficit)	129	−288	−2,150	−2,115	−2,019
Total stockholders equity	4,745	4,751	3,091	3,282	3,039
Total liabilities and stockholders equity	5,492	5,343	3,594	3,863	3,537

Consolidated Statement of Cash Flows

Year Ended · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Depreciation and amortization	25	21	22	46	28
Share-based compensation	880	766	648	497	415
Deferred income taxes	10	−1,600	−2	−3	—
Non-cash charitable contributions	13	0	13	0	45
Impairment and abandonment charges for leases and leasehold improvements	0	0	117	0	0
Net amortization of investment premium and discount	−18	−29	−22	−638,000	6
Other	8	2	−3	−14	4
Accounts receivable	−104	−129	−81	−29	−89
Prepaid expenses and other assets	−4	−17	20	−31	−15
Operating lease right-of-use assets	31	33	55	56	44
Accounts payable	43	4	−9	71	−33
Accrued expenses and other liabilities	15	92	−43	25	82
Operating lease liabilities	−33	−39	−67	−53	−51
Net cash provided by operating activities	1,284	965	613	469	753
Purchases of property and equipment	−32	−25	−8	−29	—
Purchases of marketable securities	−1,567	−1,510	−1,308	−1,028	−1,104
Sales of marketable securities	31	22	36	7	275
Maturities of marketable securities	1,433	1,292	1,243	1,008	850
Net cash used in investing activities	−134	−221	−37	−128	−26
Proceeds from exercise of stock options, net	8	22	8	13	24
Repurchases of Class A common stock	−927	−600	−500	0	0
Shares repurchased for tax withholdings on release of restricted stock units and restricted stock awards	−399	−390	−335	−162	0
Net cash used in financing activities	−1,318	−968	−827	−149	22
Effect of exchange rate changes on cash, cash equivalents and restricted cash	2	−3	2	−1	−1
Net decrease in cash, cash equivalents and restricted cash	−166	−227	−249	191	748
Cash paid for income taxes, net	22	25	19	10	1
Operating lease right-of-use assets obtained in exchange for operating lease liabilities	107	31	33	32	119

Filings

Filing historySign up free to browse every 10-K, 10-Q, 8-K, and proxy this filer has submitted to the SEC.Sign up free · Upgrade to Pro

Material Events

Material EventsTrack every 8-K filing and material event — AI-summarized, timelined, and alertable.Sign up free · Upgrade to Pro

Insiders

Insider ActivitySee executive buy/sell windows and insider trade activity over rolling 30/90/365-day windows.Sign up free · Upgrade to Pro

Institutional Holders

Institutional HoldersSee which funds hold this stock and track position changes quarter over quarter.Sign up free · Upgrade to Pro