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	2018 - 2020
Period Ending	Jun '25 Jun 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	2018 - 2020
Revenue	3,906	3,646	3,055	2,803	2,578	1,693	Upgrade
Revenue Growth (YoY)	17.00%	19.35%	9.01%	8.71%	52.31%	48.12%	Upgrade
Cost of Revenue	786.69	750.36	688.76	678.6	529.32	449.36	Upgrade
Gross Profit	3,119	2,896	2,366	2,124	2,049	1,243	Upgrade
Selling, General & Admin	1,530	1,441	1,304	1,277	942.26	690.11	Upgrade
Research & Development	1,339	1,241	1,068	948.98	780.26	606.19	Upgrade
Operating Expenses	2,869	2,681	2,373	2,226	1,723	1,296	Upgrade
Operating Income	250.52	214.47	-6.28	-101.68	326.19	-53	Upgrade
Interest Expense	-	-	-	-	-	-0.64	Upgrade
Interest & Investment Income	116.37	127	105.44	30.24	3.08	16.12	Upgrade
Other Non Operating Income (Expenses)	5.39	-19.22	3.8	-14.5	-8.29	-	Upgrade
EBT Excluding Unusual Items	372.28	322.26	102.96	-85.94	320.97	-37.52	Upgrade
Merger & Restructuring Charges	-	-	-119.4	-	-	-	Upgrade
Legal Settlements	-34.65	-34.65	-	-	-	-	Upgrade
Other Unusual Items	-	-	-	-	-	-89.5	Upgrade
Pretax Income	337.63	287.61	-16.44	-85.94	320.97	-127.02	Upgrade
Income Tax Expense	-1,588	-1,575	19.17	10.1	4.53	1.3	Upgrade
Net Income	1,926	1,862	-35.61	-96.05	316.44	-128.32	Upgrade
Net Income to Common	1,926	1,862	-35.61	-96.05	316.44	-128.32	Upgrade
Shares Outstanding (Basic)	677	679	675	666	640	596	Upgrade
Shares Outstanding (Diluted)	703	698	675	666	692	596	Upgrade
Shares Change (YoY)	3.90%	3.52%	1.34%	-3.75%	16.00%	41.81%	Upgrade
EPS (Basic)	2.85	2.74	-0.05	-0.14	0.49	-0.22	Upgrade
EPS (Diluted)	2.74	2.67	-0.05	-0.14	0.46	-0.22	Upgrade
Free Cash Flow	1,047	939.99	604.9	440.22	743.88	11.43	Upgrade
Free Cash Flow Per Share	1.49	1.35	0.90	0.66	1.08	0.02	Upgrade
Gross Margin	79.86%	79.42%	77.45%	75.79%	79.47%	73.45%	Upgrade
Operating Margin	6.41%	5.88%	-0.21%	-3.63%	12.65%	-3.13%	Upgrade
Profit Margin	49.30%	51.07%	-1.17%	-3.43%	12.27%	-7.58%	Upgrade
Free Cash Flow Margin	26.82%	25.78%	19.80%	15.71%	28.85%	0.68%	Upgrade
EBITDA	273.94	235.73	15.23	-55.19	353.69	-16.02	Upgrade
EBITDA Margin	7.01%	6.46%	0.50%	-1.97%	13.72%	-0.95%	Upgrade
D&A For EBITDA	23.42	21.27	21.51	46.49	27.5	36.99	Upgrade
EBIT	250.52	214.47	-6.28	-101.68	326.19	-53	Upgrade
EBIT Margin	6.41%	5.88%	-0.21%	-3.63%	12.65%	-3.13%	Upgrade
Effective Tax Rate	-	-	-	-	1.41%	-	Upgrade
Advertising Expenses	-	161.5	145.6	139.7	94.7	30.3	Upgrade

Updated Aug 7, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q