Pinterest Earnings Reports

Pinterest achieved its first billion-dollar revenue quarter in Q4 2024, reporting $1.15 billion in revenue, an 18% increase YoY. The company saw record global monthly active users at 553 million, up 11%. GAAP net income surged to $1.85 billion, largely due to a $1.6 billion tax benefit, while adjusted EBITDA increased 28% to $471 million.

Pinterest's Q3 2024 revenue grew by 18% year over year to $898 million, with global monthly active users reaching a record 537 million, an 11% increase. GAAP net income was $31 million.

Pinterest's Q2 2024 results showed strong growth, with revenue increasing by 21% year over year to $854 million and global monthly active users growing by 12% to 522 million. The company's monetization efforts are yielding positive results as advertisers see improved performance due to AI-powered products and experiences.

Pinterest announced strong Q1 2024 results, with revenue growing 23% year-over-year to $740 million and global monthly active users increasing 12% to 518 million. The company reported a GAAP net loss of $25 million, while adjusted EBITDA reached $113 million.

Pinterest's Q4 revenue grew by 12% year-over-year to $981 million, with global monthly active users reaching an all-time high of 498 million. GAAP net income was $201 million for the quarter. The company is set up to be stronger and more efficient in 2024.

Pinterest's Q3 2023 earnings showcased strong revenue growth, reaching $763 million, an 11% year-over-year increase. Global MAUs also saw an 8% increase, reaching 482 million. The company's GAAP net income was $7 million, with an adjusted EBITDA of $185 million.

Pinterest announced Q2 2023 financial results, with revenue growing 6% year over year to $708 million and global MAUs increasing 8% year over year to 465 million. The company reported a GAAP net loss of $35 million, but adjusted EBITDA was $107 million. Pinterest is focused on key differentiators, resulting in deeper user engagement and improved advertiser performance.

Pinterest announced its Q1 2023 results, with revenue growing 5% year-over-year to $603 million and global MAUs increasing 7% year-over-year to 463 million. The company reported a GAAP net loss of $209 million, while adjusted EBITDA was $27 million. Pinterest is expanding its ads business by opening up third-party ad demand, starting with Amazon.

Pinterest announced a 4% year-over-year revenue increase for Q4 2022, reaching $877 million. Global MAUs also increased by 4% to 450 million. The company reported a GAAP net income of $17 million for the quarter and authorized a $500 million stock repurchase program.

Pinterest announced solid Q3 2022 results with revenue growing 8% year over year to $685 million and global MAUs flat at 445 million. GAAP net loss was $65 million, while Adjusted EBITDA was $77 million.

Pinterest's Q2 2022 showed a 9% year-over-year revenue increase to $666 million, driven by large retailers and international business, despite a net loss of $43 million. The company focused on enhancing the pinner experience, expanding its content ecosystem, and providing measurable returns for advertisers amid macroeconomic challenges.

Pinterest's Q1 2022 results showed revenue growth of 18% year-over-year to $575 million, driven by retail advertisers, international business, and managed SMB advertisers. However, global MAUs decreased by 9% year-over-year to 433 million, primarily due to lapping pandemic-influenced growth and lower search traffic. The company reported a GAAP net loss of $5 million and an Adjusted EBITDA of $77 million.

Pinterest's Q4 2021 revenue grew 20% year-over-year to $847 million, while global MAUs decreased 6% to 431 million. GAAP net income was $175 million, and Adjusted EBITDA was $351 million. The company is focused on creator-led content, shopping, Pinner experience, and advertiser success in 2022.

Pinterest's Q3 2021 showed a 43% year-over-year revenue increase to $633 million, driven by retail advertisers and international growth, but was impacted by engagement headwinds and weakness in the CPG sector. Global MAUs grew 1% to 444 million. GAAP net income was $94 million, representing 15% of revenue.

Pinterest's Q2 2021 saw a 125% year-over-year revenue increase to $613 million, driven by strong advertiser demand and international growth. Monthly Active Users (MAUs) grew 9% to 454 million, which was slower than expected due to the easing of pandemic restrictions. The company reported a GAAP net income of $69 million, or 11% of revenue.

Pinterest reported strong Q1 2021 results with revenue growing 78% year-over-year to $485 million and MAUs increasing 30% year-over-year to 478 million. The company's international business and demand from mid-sized and managed small advertisers drove revenue growth. GAAP net loss was $22 million, while adjusted EBITDA was $84 million.

Pinterest's Q4 2020 saw significant growth with revenue increasing by 76% year-over-year to $706 million. The company's MAUs also grew by 37% year-over-year to 459 million. GAAP net income was $208 million, a significant improvement from the net loss in the same period of the previous year.

Pinterest's Q3 2020 earnings revealed strong growth, with revenue increasing by 58% year-over-year to $443 million and MAUs growing by 37% to 442 million. The company reported a GAAP net loss of $94 million, but Adjusted EBITDA was $93 million, representing 21% of revenue.

Pinterest's Q2 2020 saw a 4% increase in revenue year-over-year to $272 million, driven by conversion optimization, shopping ads, and international markets. Global MAUs grew by 39% to 416 million. The company reported a GAAP net loss of $(101) million and an adjusted EBITDA loss of $(34) million.

Pinterest's Q1 2020 saw revenue growth of 35% year-over-year to $272 million, with global MAUs increasing by 26% to 367 million. However, the company experienced a sharp deceleration in revenue growth in mid-March due to the COVID-19 pandemic. The GAAP net loss was $141 million, and the Adjusted EBITDA was a loss of $53 million.

Pinterest's Q4 2019 showed strong revenue growth of 46% year over year, reaching $400 million. Global MAUs increased by 26% to 335 million. The company reported a GAAP net loss of $36 million, but was profitable on a non-GAAP basis with an Adjusted EBITDA of $77 million.