Pinterest Financial Statements
NYSE: PINSTechnologyComputer Software: Programming Data ProcessingUSD
At close: Oct 9, 4:03 PM ET · Delayed 15 min
Pinterest revenue and earnings
In fiscal 2025, Pinterest generated $4.22 billion in revenue, up 15.8% from fiscal 2024, its 8th consecutive year of revenue growth. Net income was $416.9 million (-77.6% year over year), for a net margin of 9.9% versus a median of -1.2% in the prior 5 years. Gross margin was 80.1% (up from 79.4%) and operating margin 7.6%.
Diluted earnings per share came in at $0.61, down from $2.67. Over the last 5 fiscal years, PINS's revenue has grown at a 20.1% compound annual rate.
Summary generated from market data by MetaCap's automated system. Methodology
Pinterest income statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 4.22B | 3.65B | 3.06B | 2.80B | 2.58B | 1.69B | 1.14B | 755.93M | 472.85M |
| Revenue growth (YoY) | +15.79% | +19.35% | +9.01% | +8.71% | +52.31% | +48.12% | +51.17% | +59.87% | — |
| Cost of Revenue | 841.52M | 750.36M | 688.76M | 678.60M | 529.32M | 449.36M | 358.90M | 241.58M | 178.66M |
| Gross Profit | 3.38B | 2.90B | 2.37B | 2.12B | 2.05B | 1.24B | 783.86M | 514.35M | 294.19M |
| Operating Expenses | 3.06B | 2.72B | 2.49B | 2.23B | 1.72B | 1.39B | 2.17B | 589.07M | 432.12M |
| Research & Development | 1.43B | 1.24B | 1.07B | 948.98M | 780.26M | 606.19M | 1.21B | 251.66M | 207.97M |
| Selling, General & Admin | 1.63B | 1.48B | 1.42B | 1.28B | 942.26M | 779.61M | 965.66M | 337.41M | 224.15M |
| Operating Income | 319.88M | 179.82M | -125.68M | -101.68M | 326.19M | -142.50M | -1.39B | -74.72M | -137.93M |
| Other Income (Expense) | 15.51M | -19.21M | 3.80M | -14.50M | -8.29M | — | — | — | — |
| Pretax Income | 445.89M | 287.61M | -16.44M | -85.94M | 320.97M | -127.02M | -1.36B | -62.56M | -129.73M |
| Income Tax | 29.04M | -1.57B | 19.17M | 10.10M | 4.53M | 1.30M | 532.00K | 410.00K | 311.00K |
| Net Income | 416.86M | 1.86B | -35.61M | -96.05M | 316.44M | -128.32M | -1.36B | -62.97M | -130.04M |
| Net Income growth (YoY) | -77.61% | — | — | -130.35% | — | — | — | — | — |
| EPS (Basic) | 0.62 | 2.74 | -0.05 | -0.14 | 0.49 | -0.22 | -3.24 | -0.50 | -1.03 |
| EPS (Diluted) | 0.61 | 2.67 | -0.05 | -0.14 | 0.46 | -0.22 | -3.24 | -0.50 | -1.03 |
| Shares Outstanding (Basic) | 674.71M | 678.83M | 674.64M | 665.73M | 640.03M | 596.26M | 420.47M | 127.09M | 126.56M |
| Shares Outstanding (Diluted) | 687.77M | 698.38M | 674.64M | 665.73M | 691.65M | 596.26M | 420.47M | 127.09M | 126.56M |
| EBITDA | 345.03M | 201.08M | -104.17M | -55.19M | 353.69M | -105.52M | -1.36B | -53.86M | -121.80M |
| Gross Margin | 80.07% | 79.42% | 77.46% | 75.79% | 79.47% | 73.45% | 68.59% | 68.04% | 62.22% |
| Operating Margin | 7.58% | 4.93% | -4.11% | -3.63% | 12.65% | -8.42% | -121.54% | -9.88% | -29.17% |
| Net Margin | 9.87% | 51.07% | -117.00% | -3.43% | 12.27% | -7.58% | -119.13% | -8.33% | -27.50% |
This table shows 9 annual periods of Pinterest's income statement, from FY 2025 back to FY 2017, across 19 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow PINS's reporting calendar. What is a income statement?