Pinterest Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	4,222	3,646	3,055	2,803	2,578
Revenue Growth (YoY)	15.79%	19.35%	9.01%	8.71%	52.31%
Cost of Revenue	841.52	750.36	688.76	678.6	529.32
Gross Profit	3,380	2,896	2,366	2,124	2,049
Selling, General & Admin	1,633	1,441	1,424	1,277	942.26
Research & Development	1,427	1,241	1,068	948.98	780.26
Operating Expenses	3,060	2,681	2,492	2,226	1,723
Operating Income	319.88	214.47	-125.68	-101.68	326.19
Interest & Investment Income	110.49	127	105.44	30.24	3.08
Other Non Operating Income (Expenses)	15.51	-19.22	3.8	-14.5	-8.29
EBT Excluding Unusual Items	445.89	322.26	-16.44	-85.94	320.97
Legal Settlements	-	-34.65	-	-	-
Pretax Income	445.89	287.61	-16.44	-85.94	320.97
Income Tax Expense	29.04	-1,575	19.17	10.1	4.53
Net Income	416.86	1,862	-35.61	-96.05	316.44
Net Income to Common	416.86	1,862	-35.61	-96.05	316.44
Net Income Growth	-77.61%	-	-	-	-
Shares Outstanding (Basic)	675	679	675	666	640
Shares Outstanding (Diluted)	688	698	675	666	692
Shares Change (YoY)	-1.52%	3.52%	1.34%	-3.75%	16.00%
EPS (Basic)	0.62	2.74	-0.05	-0.14	0.49
EPS (Diluted)	0.61	2.67	-0.05	-0.14	0.46
EPS Growth	-77.15%	-	-	-	-
Free Cash Flow	1,252	939.99	604.9	440.22	743.88
Free Cash Flow Per Share	1.82	1.35	0.90	0.66	1.08
Gross Margin	80.07%	79.42%	77.45%	75.79%	79.47%
Operating Margin	7.58%	5.88%	-4.11%	-3.63%	12.65%
Profit Margin	9.87%	51.07%	-1.17%	-3.43%	12.27%
Free Cash Flow Margin	29.65%	25.78%	19.80%	15.71%	28.85%
EBITDA	345.03	235.73	-104.17	-55.19	353.69
EBITDA Margin	8.17%	6.46%	-3.41%	-1.97%	13.72%
D&A For EBITDA	25.15	21.27	21.51	46.49	27.5
EBIT	319.88	214.47	-125.68	-101.68	326.19
EBIT Margin	7.58%	5.88%	-4.11%	-3.63%	12.65%
Effective Tax Rate	6.51%	-	-	-	1.41%
Advertising Expenses	168.8	161.5	145.6	139.7	94.7

Updated Feb 12, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

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