Pinterest Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	4,057	3,646	3,055	2,803	2,578	1,693
Revenue Growth (YoY)	16.79%	19.35%	9.01%	8.71%	52.31%	48.12%
Cost of Revenue	811.56	750.36	688.76	678.6	529.32	449.36
Gross Profit	3,245	2,896	2,366	2,124	2,049	1,243
Selling, General & Admin	1,581	1,441	1,304	1,277	942.26	690.11
Research & Development	1,383	1,241	1,068	948.98	780.26	606.19
Operating Expenses	2,965	2,681	2,373	2,226	1,723	1,296
Operating Income	280.3	214.47	-6.28	-101.68	326.19	-53
Interest Expense	-	-	-	-	-	-0.64
Interest & Investment Income	112.43	127	105.44	30.24	3.08	16.12
Other Non Operating Income (Expenses)	2.29	-19.22	3.8	-14.5	-8.29	-
EBT Excluding Unusual Items	395.02	322.26	102.96	-85.94	320.97	-37.52
Merger & Restructuring Charges	-	-	-119.4	-	-	-
Legal Settlements	-	-34.65	-	-	-	-
Other Unusual Items	-	-	-	-	-	-89.5
Pretax Income	395.02	287.61	-16.44	-85.94	320.97	-127.02
Income Tax Expense	-1,592	-1,575	19.17	10.1	4.53	1.3
Net Income	1,987	1,862	-35.61	-96.05	316.44	-128.32
Net Income to Common	1,987	1,862	-35.61	-96.05	316.44	-128.32
Shares Outstanding (Basic)	677	679	675	666	640	596
Shares Outstanding (Diluted)	690	698	675	666	692	596
Shares Change (YoY)	-0.63%	3.52%	1.34%	-3.75%	16.00%	41.81%
EPS (Basic)	2.94	2.74	-0.05	-0.14	0.49	-0.22
EPS (Diluted)	2.88	2.67	-0.05	-0.14	0.46	-0.22
Free Cash Flow	1,122	939.99	604.9	440.22	743.88	11.43
Free Cash Flow Per Share	1.63	1.35	0.90	0.66	1.08	0.02
Gross Margin	79.99%	79.42%	77.45%	75.79%	79.47%	73.45%
Operating Margin	6.91%	5.88%	-0.21%	-3.63%	12.65%	-3.13%
Profit Margin	48.99%	51.07%	-1.17%	-3.43%	12.27%	-7.58%
Free Cash Flow Margin	27.65%	25.78%	19.80%	15.71%	28.85%	0.68%
EBITDA	305.51	235.73	15.23	-55.19	353.69	-16.02
EBITDA Margin	7.53%	6.46%	0.50%	-1.97%	13.72%	-0.95%
D&A For EBITDA	25.21	21.27	21.51	46.49	27.5	36.99
EBIT	280.3	214.47	-6.28	-101.68	326.19	-53
EBIT Margin	6.91%	5.88%	-0.21%	-3.63%	12.65%	-3.13%
Effective Tax Rate	-	-	-	-	1.41%	-
Advertising Expenses	-	161.5	145.6	139.7	94.7	30.3

Source: S&P Global Market Intelligence. Standard template. Financial Sources.