PINTEREST, INC.
Business
Pinterest is an AI-powered visual search and discovery platform that enables users to find, curate, and act on visual ideas across inspiration, planning, and shopping use cases. The platform offers visual and text-based search, personalized home feeds, boards for organizing content, and related-pin discovery powered by computer vision and recommendation systems. Pinterest monetizes through a flywheel model: user intent-driven curation generates first-party signals that power ad targeting and measurement across upper and lower funnel advertising formats (standard, video, shopping, carousel, collection, interactive, spotlight, and idea ads), reaching 619 million monthly active users across 100+ countries.
Summary from 10-K filed 2026-02-12
Financials
Consolidated Statement of Income
| Concept | Trend | 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
| Concept | Trend | 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
| Concept | Trend | 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
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is PINTEREST, INC.'s CIK number?
PINTEREST, INC.'s SEC CIK number is 0001506293 (1506293). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find PINTEREST, INC.'s SEC filings?
All of PINTEREST, INC.'s EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.
When did PINTEREST, INC. last report earnings?
PINTEREST, INC. (PINS) most recently filed an earnings 8-K with the SEC on May 4, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001506293-26-000066). This is PINTEREST, INC.'s most recent earnings filing of record — not a forecast of its next earnings date.
What is PINTEREST, INC.'s most recent earnings 8-K?
PINTEREST, INC.'s latest earnings 8-K (Item 2.02) was filed May 4, 2026 under accession 0001506293-26-000066. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
View PINTEREST, INC.'s latest earnings 8-K →
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