Pinterest, Inc. (PINS) quarterly income statement — complete revenue, gross profit & net income history
Pinterest, Inc. (PINS) annual income statement — 9-year revenue, gross profit & net income history
| Metric | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 |
|---|
| Sales/Revenue | 1.17B | 1.18B | 1.01B | 1.32B | 1.05B | 998.23M | 854.99M | 1.15B | 898.37M | 853.68M | 739.98M | 981.26M | 763.2M | 708.02M | 602.58M | 877.21M | 684.55M | 665.93M | 574.88M | 846.65M |
| Revenue Growth % | 11.89% | 18.17% | 17.84% | 14.32% | 16.79% | 16.93% | 15.54% | 17.62% | 17.71% | 20.57% | 22.8% | 11.86% | 11.49% | 6.32% | 4.82% | 3.61% | 8.16% | 8.6% | 18.48% | 19.99% |
| Cost of Goods Sold | 261.58M | 257.35M | 238.55M | 226.92M | 212.32M | 203.01M | 199.27M | 196.96M | 187.45M | 184.86M | 181.09M | 178.1M | 171M | 168.74M | 170.93M | 185.03M | 182.6M | 164.9M | 146.07M | 141.25M |
| COGS % of Revenue | 22.28% | 21.82% | 23.68% | 17.2% | 20.24% | 20.34% | 23.31% | 17.07% | 20.87% | 21.65% | 24.47% | 18.15% | 22.41% | 23.83% | 28.37% | 21.09% | 26.67% | 24.76% | 25.41% | 16.68% |
| Gross Profit | 912.34M | 922.3M | 768.96M | 1.09B | 836.88M | 795.22M | 655.72M | 957.17M | 710.92M | 668.82M | 558.89M | 803.17M | 592.21M | 539.28M | 431.65M | 692.18M | 501.95M | 501.03M | 428.81M | 705.41M |
| Gross Margin % | 77.72% | 78.18% | 76.32% | 82.8% | 79.76% | 79.66% | 76.69% | 82.93% | 79.13% | 78.35% | 75.53% | 81.85% | 77.59% | 76.17% | 71.63% | 78.91% | 73.33% | 75.24% | 74.59% | 83.32% |
| Gross Profit Growth % | 9.02% | 15.98% | 17.27% | 14.13% | 17.72% | 18.9% | 17.32% | 19.18% | 20.05% | 24.02% | 29.48% | 16.03% | 17.98% | 7.63% | 0.66% | -1.87% | -0.83% | 3.22% | 21.91% | 22.34% |
| Operating Expenses | 882.01M | 963.16M | 802.16M | 791.26M | 778.36M | 799.55M | 691.2M | 695.59M | 716.84M | 690.26M | 613.31M | 606.92M | 597.2M | 612.53M | 675.34M | 686.31M | 571.32M | 535.54M | 432.48M | 525.96M |
| OpEx % of Revenue | 75.13% | 81.65% | 79.62% | 59.97% | 74.19% | 80.1% | 80.84% | 60.27% | 79.79% | 80.86% | 82.88% | 61.85% | 78.25% | 86.51% | 112.07% | 78.24% | 83.46% | 80.42% | 75.23% | 62.12% |
| Selling, General & Admin | 449.82M | 512.15M | 421.37M | 426.35M | 407.11M | 439.92M | 359.53M | 374.81M | 390.16M | 377.43M | 333.03M | 338.94M | 332.51M | 343.14M | 409M | 421.07M | 316.64M | 302.03M | 236.93M | 285.1M |
| SG&A % of Revenue | 38.32% | 43.42% | 41.82% | 32.32% | 38.8% | 44.07% | 42.05% | 32.48% | 43.43% | 44.21% | 45.01% | 34.54% | 43.57% | 48.46% | 67.87% | 48% | 46.25% | 45.35% | 41.21% | 33.67% |
| Research & Development | 428.08M | 451.01M | 380.79M | 364.9M | 371.25M | 359.62M | 331.67M | 320.77M | 326.68M | 312.84M | 280.27M | 267.98M | 264.7M | 269.39M | 266.35M | 265.24M | 254.68M | 233.51M | 195.55M | 240.86M |
| R&D % of Revenue | 36.47% | 38.23% | 37.79% | 27.66% | 35.38% | 36.03% | 38.79% | 27.79% | 36.36% | 36.65% | 37.88% | 27.31% | 34.68% | 38.05% | 44.2% | 30.24% | 37.2% | 35.06% | 34.02% | 28.45% |
| Other Operating Expenses | 1000K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | 30.34M | -40.86M | -33.2M | 301.17M | 58.52M | -4.33M | -35.48M | 261.59M | -5.92M | -21.44M | -54.42M | 196.25M | -5M | -73.24M | -243.69M | 5.87M | -69.38M | -34.51M | -3.67M | 179.45M |
| Operating Margin % | 2.58% | -3.46% | -3.29% | 22.83% | 5.58% | -0.43% | -4.15% | 22.67% | -0.66% | -2.51% | -7.35% | 20% | -0.66% | -10.34% | -40.44% | 0.67% | -10.13% | -5.18% | -0.64% | 21.19% |
| Operating Income Growth % | -48.15% | -843.72% | 6.43% | 15.13% | 1089.11% | 79.81% | 34.8% | 33.29% | -18.34% | 70.73% | 77.67% | 3244.41% | 92.79% | -112.27% | -6549% | -96.73% | -170.47% | -148.46% | 84% | -12.53% |
| EBITDA | 41.23M | -29.08M | -24.37M | 307.18M | 65.72M | 1.76M | -29.63M | 267.65M | -495K | -16.52M | -49.55M | 201.57M | -97K | -68.17M | -237.47M | 25.47M | -58.85M | -25.37M | 3.56M | 186.65M |
| EBITDA Margin % | 3.51% | -2.46% | -2.42% | 23.28% | 6.26% | 0.18% | -3.47% | 23.19% | -0.06% | -1.94% | -6.7% | 20.54% | -0.01% | -9.63% | -39.41% | 2.9% | -8.6% | -3.81% | 0.62% | 22.05% |
| EBITDA Growth % | -37.26% | -1752.16% | 17.75% | 14.77% | 13376.97% | 110.65% | 40.21% | 32.78% | -410.31% | 75.77% | 79.13% | 691.32% | 99.84% | -168.71% | -6780% | -86.35% | -155.93% | -132.55% | 122.05% | -12.36% |
| D&A (Non-Cash Add-back) | 10.89M | 11.79M | 8.83M | 6.01M | 7.21M | 6.09M | 5.85M | 6.06M | 5.42M | 4.92M | 4.86M | 5.32M | 4.9M | 5.07M | 6.21M | 19.61M | 10.53M | 9.13M | 7.22M | 7.2M |
| EBIT | 35.13M | -49.16M | -63.5M | 327.71M | 115.73M | 34.65M | -3.67M | 276.84M | 29.8M | 43.32M | -27.68M | 196.25M | -5M | -73.24M | -243.69M | 23.04M | -69.38M | -31.14M | -3.67M | 180.27M |
| Net Interest Income | 6.02M | 7.33M | 17.79M | 26.64M | 28.54M | 28.02M | 27.29M | 28.58M | 32.48M | 34.68M | 31.27M | 28.96M | 26.69M | 24.89M | 24.9M | 17.17M | -798K | -5.89M | -864K | -2.61M |
| Interest Income | 6.02M | 7.33M | 17.79M | 26.64M | 28.54M | 28.02M | 27.29M | 28.58M | 32.48M | 69.36M | 31.27M | 28.96M | 26.69M | 24.89M | 24.9M | 17.17M | 9.32M | 3.37M | 712K | 822K |
| Interest Expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 34.68M | 0 | 0 | 0 | 0 | 0 | 0 | 10.12M | 9.25M | 1.58M | 3.43M |
| Other Income/Expense | 4.79M | -8.3M | -30.3M | 26.53M | 28.68M | 38.98M | 31.81M | 15.25M | 35.71M | 30.08M | 26.74M | 34.85M | 22.09M | 27.07M | 25.22M | 22.91M | -798K | -5.89M | -488K | -2.61M |
| Pretax Income | 35.13M | -49.16M | -63.5M | 327.71M | 87.2M | 34.65M | -3.67M | 276.84M | 29.8M | 8.64M | -27.68M | 231.1M | 17.1M | -46.17M | -218.46M | 28.77M | -70.17M | -40.39M | -4.15M | 176.84M |
| Pretax Margin % | 2.99% | -4.17% | -6.3% | 24.84% | 8.31% | 3.47% | -0.43% | 23.99% | 3.32% | 1.01% | -3.74% | 23.55% | 2.24% | -6.52% | -36.25% | 3.28% | -10.25% | -6.07% | -0.72% | 20.89% |
| Income Tax | 13.61M | -2.49M | 10.09M | 50.64M | -4.91M | -4.1M | -12.59M | -1.57B | -758K | -244K | -2.86M | 29.92M | 10.36M | -11.23M | -9.88M | 11.28M | -4.99M | 2.68M | 1.13M | 2.14M |
| Effective Tax Rate % | 38.75% | 5.07% | -15.89% | 15.45% | -5.63% | -11.84% | 343.44% | -567.34% | -2.54% | -2.82% | 10.35% | 12.95% | 60.62% | 24.33% | 4.52% | 39.21% | 7.11% | -6.64% | -27.16% | 1.21% |
| Net Income | 21.52M | -46.67M | -73.59M | 277.07M | 92.11M | 38.76M | 8.92M | 1.85B | 30.56M | 8.89M | -24.81M | 201.18M | 6.73M | -34.94M | -208.58M | 17.49M | -65.18M | -43.08M | -5.28M | 174.7M |
| Net Margin % | 1.83% | -3.96% | -7.3% | 21% | 8.78% | 3.88% | 1.04% | 160.08% | 3.4% | 1.04% | -3.35% | 20.5% | 0.88% | -4.94% | -34.61% | 1.99% | -9.52% | -6.47% | -0.92% | 20.63% |
| Net Income Growth % | -76.64% | -220.42% | -924.78% | -85% | 201.44% | 336.09% | 135.96% | 818.33% | 353.82% | 125.43% | 88.1% | 1050.18% | 110.33% | 18.88% | -3849.61% | -89.99% | -169.34% | -162.05% | 75.63% | -15.95% |
| Net Income (Continuing) | 21.52M | -46.67M | -73.59M | 277.07M | 92.11M | 38.76M | 8.92M | 1.85B | 30.56M | 8.89M | -24.81M | 201.18M | 6.73M | -34.94M | -208.58M | 17.49M | -65.18M | -43.08M | -5.28M | 174.7M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 0.04 | -0.08 | -0.12 | 0.41 | 0.13 | 0.06 | 0.01 | 2.68 | 0.04 | 0.01 | -0.04 | 0.29 | 0.01 | -0.05 | -0.31 | 0.03 | -0.10 | -0.07 | -0.01 | 0.25 |
| EPS Growth % | -69.23% | -242.35% | -1030.23% | -84.7% | 196.13% | 349.6% | 135.25% | 824.14% | - | 124.13% | 88.19% | 1019.69% | 110.06% | 20.31% | - | -89.64% | -169.57% | -165% | 76.81% | -16.67% |
| EPS (Basic) | 0.04 | -0.08 | -0.12 | 0.41 | 0.14 | 0.06 | 0.01 | 2.74 | 0.05 | 0.01 | -0.04 | 0.30 | 0.01 | -0.05 | -0.31 | 0.03 | -0.10 | -0.07 | -0.01 | 0.27 |
| Diluted Shares Outstanding | 582.65M | 562.91M | 636.59M | 677.42M | 694.53M | 689.84M | 689.36M | 688.23M | 695.48M | 708.26M | 678.82M | 695.03M | 687.1M | 674.28M | 681.14M | 674.38M | 669.17M | 662.24M | 656.9M | 690.17M |
| Basic Shares Outstanding | 567.15M | 562.91M | 636.59M | 667.69M | 677.82M | 676.85M | 676.52M | 674.88M | 678.5M | 683.17M | 678.82M | 674M | 669.26M | 674.28M | 681.14M | 674.38M | 651.81M | 662.24M | 656.9M | 651.08M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |