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NYSE · Communication Services

Pinterest, Inc. (PINS)

As-reported financials and SEC filings for Pinterest, Inc. The latest annual period is FY2025. The latest reported quarter is Q2 FY2026. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.

About Pinterest, Inc.

Pinterest, Inc. operates an AI-powered visual search and discovery platform accessible via mobile app and web. The platform allows users to find and save ideas through images, videos, and curated boards, serving a global user base with a focus on women and younger generations. Pinterest monetizes its service by offering various ad formats to advertisers across multiple industries, helping them reach users at different stages of the purchase journey through an auction-based advertising system.

Snapshot

Revenue
$4.22B
Revenue growth (YoY)
15.8%
Net income
$416.9M
Diluted EPS
$0.61
Gross margin
80.1%
Operating margin
7.6%
Net margin
9.9%
FCF margin
29.7%
ROE
8.8%
net income / fiscal-year-end equity
P/E
67.6×
trailing when available, otherwise FY EPS
Market cap
$13.01B
Long-term debt / equity
—
non-current term debt only

Fundamentals are from SEC filings for FY2025, the latest annual period (ended December 31, 2025). P/E and market cap are derived from stored market prices, last retrieved on a rolling basis and typically within the past week.

What changed at Pinterest

  • Revenue grew 15.8% to $4.2B in FY2025, slower than the 19.3% the year before.
  • Operating margin is 7.6% in FY2025, -5.1 pp against 12.7% in FY2021.
  • Most recent quarter Q2 FY2026: revenue $1.2B, up 18.2% from Q2 FY2025.
  • Free cash flow was $1.3B in FY2025, 29.7% of revenue.
  • Net income fell 77.6% to $417M in FY2025.

Computed from the as-reported figures in the statements below. A change we cannot state from filed figures is left out rather than estimated.

Peer comparison

Where Pinterest’s fundamentals sit among the 333 software companies. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).

Gross margin80.1%
85th percentile of 265
Operating margin7.6%
64th percentile of 303
Net margin9.9%
69th percentile of 307
FCF margin29.7%
85th percentile of 285
Revenue growth (YoY)+15.8%
63rd percentile of 326
ROE8.8%
62nd percentile of 287
P/E67.6×
85th percentile of 162
Short interest3.80d
41st percentile of 331

Pinterest’s gross margin of 80.1% ranks in the 85th percentile of the 265 software companies reporting it. Pinterest’s FCF margin of 29.7% ranks in the 85th percentile of the 285 software companies reporting it. Pinterest’s P/E of 67.6 ranks in the 85th percentile of the 162 peers with a meaningful P/E.

No reported insider purchases (code P) in the last 90 days; 30 insider sales totaling $24.6M. For context, about 15% of companies in the universe saw any reported insider purchase (code P) in the same window. Browse insider activity →

Percentiles describe where a figure sits among industry peers reporting it (100th = highest). They are position within a peer group, not a rating, and not investment advice. Short interest ranking uses days to cover from FINRA Consolidated Short Interest data; FINRA is the owner and source of that data, included at no additional charge.

Institutional ownership

Held by 3 of the superinvestors we track (plus 6 quant / multi-strat books), based on each investor’s most recent 13F; periods vary by investor (newest: Q2 2026).

Conviction investors
3
+6 quant / multi-strat
Initiated / added
5
1 new, 4 added
Reduced / exited
5
3 trimmed, 2 exited
Combined position
$1.36B
reported long value
InvestorAs ofPosition valueSharesChange
Elliott Investment ManagementQ2 2026$588.8M28.0MHeld
Citadel AdvisorsquantQ2 2026$236.8M11.3MAdded
Point72 Asset ManagementquantQ2 2026$197.5M9.4MNew
AQR Capital ManagementquantQ2 2026$109.4M5.2MAdded
Millennium ManagementquantQ2 2026$82.6M3.9MAdded
Renaissance TechnologiesquantQ2 2026$57.4M2.7MReduced
Gotham Asset ManagementQ2 2026$56.2M2.7MAdded
Coatue ManagementQ2 2026$25.2M1.2MReduced
Two Sigma InvestmentsquantQ2 2026$8.4M397.6KReduced

No longer held by: ARK Investment Management (as of Q2 2026), Bridgewater Associates (as of Q2 2026)

From quarterly Form 13F filings, which can be up to 45 days delayed. Long US-listed positions only: excludes short positions, options, cash, bonds, and non-US holdings, so this is not a manager’s complete portfolio. Counts are of the investors we track, not all institutions. Not investment advice.

Recent insider activity

Non-derivative buys and sells (codes P/S) reported by officers, directors and 10% owners on SEC Form 4.

Buys (90d)
0
code P
Bought (90d)
—
code P value
Sells (90d)
30
$24.6M
Reported activity
Net selling
by $ value, 90d
Trade dateInsiderTypeSharesPriceValue
2026-10-21
Benjamin SilbermannDirectorSell46.9K$22.94$1.1M
2026-10-21
Gokul RajaramDirectorSell1.1K$22.84$24K
2026-10-20
filed 2026-10-21
Benjamin SilbermannDirectorSell46.9K$22.56$1.1M
2026-10-14
Benjamin SilbermannDirectorSell46.9K$22.02$1.0M
2026-10-13
filed 2026-10-14
Benjamin SilbermannDirectorSell46.9K$21.56$1.0M
2026-10-07
Benjamin SilbermannDirectorSell46.9K$20.07$941K
2026-10-06
filed 2026-10-07
Benjamin SilbermannDirectorSell46.9K$19.66$922K
2026-10-05
filed 2026-10-06
Claude Leonard BrownChief Business OfficerSell12.2K$20.00$245K
2026-10-05
filed 2026-10-06
Gokul RajaramDirectorSell1.1K$20.00$21K
2026-09-30
Benjamin SilbermannDirectorSell46.9K$18.72$878K
2026-09-29
filed 2026-09-30
Benjamin SilbermannDirectorSell46.9K$18.33$859K
2026-09-24
filed 2026-09-25
Donnelly Julia BrauChief Financial OfficerSell29.5K$18.61$550K

Reported non-derivative purchases and sales (codes P/S), which may be open-market or private. Excludes option exercises, grants, and shares withheld for taxes. Dates shown are the trade date; a Form 4 can be filed days to years later. A sale can be routine (e.g. a pre-set 10b5-1 plan), so read individual transactions in context. From SEC Form 4. Not investment advice.

Short interest

Total shares sold short as of each twice-monthly FINRA settlement. Rising short interest means more investors are positioned against the stock; days to cover estimates how many trading days of average volume that position represents.

Shares short
46.9M
settled 2026-10-15
Change vs prior
+4.0%
vs previous settlement
Days to cover
3.80
at avg daily volume
Avg daily volume
12.3M
FINRA reported
SettlementShares shortChangeDays to cover
2026-10-1546.9M+4.0%3.80
2026-09-3045.0M-23.7%2.75
2026-09-1559.1M+22.8%4.32
2026-08-3148.1M+9.8%5.06
2026-08-1443.8M-13.3%3.26
2026-07-3150.5M-12.1%4.96
2026-07-1557.4M-3.7%5.44
2026-06-3059.6M-18.5%2.94

Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data, which is included at no additional charge for your own personal or professional use; republishing or redistributing it is not permitted. Settlement dates are shown; FINRA publishes each settlement about nine business days later, so the latest figure can be two to four weeks old. Not presented as a percentage of float. No FINRA endorsement of this product is implied. Not investment advice.

Income statement (as reported)

 FY2025FY2024FY2023FY2022FY2021
Revenue$4.22B$3.65B$3.06B$2.80B$2.58B
Gross profit
Operating income$319.9M$179.8M$-125.7M$-101.7M$326.2M
Pre-tax income$445.9M$287.6M$-16.4M$-85.9M$321.0M
Net income$416.9M$1.86B$-35.6M$-96.0M$316.4M
Diluted EPS$0.61$2.67$-0.05$-0.14$0.46

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures (free cash flow is operating cash flow minus capital expenditures, which can differ from a company’s own definition); “adj” means restated for a stock split (tap or hover a figure to see how it was calculated or what was filed). Diluted EPS includes discontinued operations where a company reports them. Cash & Equivalents excludes short-term investments and may include restricted cash where that is the figure the company tags. Full details: where the numbers come from.

Balance sheet (as reported)

 FY2025FY2024FY2023FY2022FY2021
Cash and equivalents$969.3M$1.14B$1.36B$1.61B$1.42B
Current assets$3.56B$3.48B$3.34B$3.45B$3.18B
Total assets$5.49B$5.34B$3.59B$3.86B$3.54B
Current liabilities$465.5M$398.1M$317.1M$380.5M$259.8M
Long-term debt—————
Total liabilities$746.9M$591.5M$503.7M$581.1M$498.5M
Total equity$4.75B$4.75B$3.09B$3.28B$3.04B

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures (free cash flow is operating cash flow minus capital expenditures, which can differ from a company’s own definition); “adj” means restated for a stock split (tap or hover a figure to see how it was calculated or what was filed). Diluted EPS includes discontinued operations where a company reports them. Cash & Equivalents excludes short-term investments and may include restricted cash where that is the figure the company tags. Full details: where the numbers come from.

Cash flow (as reported)

 FY2025FY2024FY2023FY2022FY2021
Operating cash flow$1.28B$964.6M$613.0M$469.2M$752.9M
Capital expenditure$32.4M$24.6M$8.1M$29.0M$9.0M
Free cash flow

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures (free cash flow is operating cash flow minus capital expenditures, which can differ from a company’s own definition); “adj” means restated for a stock split (tap or hover a figure to see how it was calculated or what was filed). Diluted EPS includes discontinued operations where a company reports them. Cash & Equivalents excludes short-term investments and may include restricted cash where that is the figure the company tags. Full details: where the numbers come from.

Quarterly trend

QuarterRevenueRevenue YoYNet incomeDiluted EPS
Q2 FY2026$1.18B18.2%$-46.7M$-0.08
Q1 FY2026$1.01B17.8%$-73.6M$-0.12
Q4 FY202514.3%
Q3 FY2025$1.05B16.8%$92.1M$0.13
Q2 FY2025$998.2M16.9%$38.8M$0.06
Q1 FY2025$855.0M15.5%$8.9M$0.01
Q4 FY202417.6%
Q3 FY2024$898.4M17.7%$30.6M$0.04

Latest 8 quarters, from company XBRL filings on SEC EDGAR. A dotted underline marks a fourth-quarter figure we calculated from the full year and the first nine months. Revenue YoY is our calculation too: each quarter against the same quarter a year earlier.

Company facts

ExchangeNYSE
SectorCommunication Services
SIC industryServices-Computer Programming, Data Processing, Etc.
Latest annual periodFY2025 (ended December 31, 2025)
Latest reported quarterQ2 FY2026 (ended June 30, 2026)
Oldest indexed filing2020
SEC CIK1506293

Selected SEC filings

10-Q2026-08-04
View on EDGAR →
10-Q2026-05-04
View on EDGAR →
8-K2026-10-15
View on EDGAR →
8-K2026-10-05
View on EDGAR →
8-K2026-10-02
View on EDGAR →
8-K2026-08-28
View on EDGAR →

Largest software peers

All software stocks →All Communication Services companies →

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Data sourced from SEC EDGAR. Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.