Pinterest Q4 2023 Earnings Report
Key Takeaways
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.
Q4 revenue grew 12% year over year to $981 million.
Global Monthly Active Users (MAUs) increased 11% year over year to 498 million.
GAAP net income was $201 million for Q4.
Adjusted EBITDA was $365 million for Q4.
Pinterest
Pinterest
Pinterest Revenue by Geographic Location
Forward Guidance
For Q1 2024, Pinterest expects revenue to be in the range of $690 million to $705 million, representing 15-17% growth year over year. We expect Q1 2024 Non-GAAP operating expenses to be in the range of $450 million to $465 million, representing 9-13% growth year over year.
Revenue & Expenses
Visualization of income flow from segment revenue to net income