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Jun 30, 2022
Pinterest Q2 2022 Earnings Report
Pinterest's Q2 2022 results reflected revenue growth and strategic investments in user experience, content ecosystem, and advertiser value, while navigating macroeconomic uncertainties.
Key Takeaways
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.
Q2 revenue grew 9% year over year to $666 million, and 16% quarter over quarter.
Global Monthly Active Users (MAUs) of 433 million were flat quarter over quarter, and down 5% year over year.
GAAP net loss was $43 million for Q2, compared to GAAP net income of $69 million in the year ago quarter.
Adjusted EBITDA was $92 million for Q2.
Revenue by Geographic Location
Forward Guidance
Our current expectation is that Q3 2022 revenue will grow mid-single digits on a year-over-year percentage basis, which takes into account slightly greater foreign exchange headwinds than in Q2 2022. We expect our Q3 2022 non-GAAP operating expenses to grow low double digits percent quarter-over-quarter. For the full year, there is no change to our previous expense outlook of non-GAAP operating expense growth in the range of 35-40% year over year
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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