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Jun 30, 2023
Pinterest Q2 2023 Earnings Report
Pinterest's Q2 2023 results demonstrated growth in revenue and global MAUs, with a focus on innovation and cost efficiencies leading to adjusted EBITDA margin expansion.
Key Takeaways
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.
Revenue grew 6% year over year to $708 million.
Global Monthly Active Users (MAUs) increased 8% year over year to 465 million.
GAAP net loss was $35 million.
Adjusted EBITDA was $107 million.
Revenue by Geographic Location
Forward Guidance
Pinterest expects Q3 revenue to grow in the high single digits range year over year. They expect Q3 Non-GAAP operating expenses to grow in the low single digits range 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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