Pinterest, Inc. (PINS)

Pinterest Income Statement

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

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	3,192	3,055	2,803	2,578	1,693	1,143
Revenue Growth (YoY)	12.80%	9.01%	8.71%	52.31%	48.12%	51.17%
Cost of Revenue	698.93	688.76	678.6	529.32	449.36	358.9
Gross Profit	2,494	2,366	2,124	2,049	1,243	783.86
Selling, General & Admin	1,348	1,424	1,277	942.26	779.61	965.67
Research & Development	1,082	1,068	948.98	780.26	606.19	1,207
Operating Expenses	2,430	2,492	2,226	1,723	1,386	2,173
Operating Income	63.59	-125.68	-101.68	326.19	-142.5	-1,388.87
Interest Expense / Income	-111.8	-105.44	-30.24	-3.08	0.64	2.14
Other Expense / Income	1.05	-3.8	14.5	8.29	-16.12	-30.16
Pretax Income	174.35	-16.44	-85.94	320.97	-127.02	-1,360.84
Income Tax	26.19	19.17	10.1	4.53	1.3	0.53
Net Income	148.16	-35.61	-96.05	316.44	-128.32	-1,361.37
Shares Outstanding (Basic)	679	675	666	640	596	420
Shares Outstanding (Diluted)	679	675	666	692	596	420
Shares Change	-0.34%	1.34%	-3.75%	16.00%	41.81%	230.84%
EPS (Basic)	0.22	-0.05	-0.14	0.49	-0.22	-3.24
EPS (Diluted)	0.22	-0.05	-0.14	0.46	-0.22	-3.24
Free Cash Flow	767.46	604.9	440.22	743.88	11.43	-33.13
Free Cash Flow Per Share	1.13	0.90	0.66	1.16	0.02	-0.08
Gross Margin	78.11%	77.46%	75.79%	79.47%	73.45%	68.59%
Operating Margin	1.99%	-4.11%	-3.63%	12.65%	-8.42%	-121.54%
Profit Margin	4.64%	-1.17%	-3.43%	12.27%	-7.58%	-119.13%
Free Cash Flow Margin	24.04%	19.80%	15.71%	28.85%	0.67%	-2.90%
Effective Tax Rate	15.02%	-	-	1.41%	-	-
EBITDA	82.7	-100.37	-69.69	345.4	-89.4	-1,330.91
EBITDA Margin	2.59%	-3.29%	-2.49%	13.40%	-5.28%	-116.46%
Depreciation & Amortization	20.16	21.51	46.49	27.5	36.99	27.79
EBIT	62.54	-121.88	-116.18	317.9	-126.39	-1,358.7
EBIT Margin	1.96%	-3.99%	-4.15%	12.33%	-7.47%	-118.90%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).