Companies /Communication Services

Pinterest Inc - Class A

NYSE: PINS Internet Content & Information
$21.62
▼ $1.57 (−6.75%) today
Markets open · 12:50pm ET

Q1 2025 Earnings

Reported May 8, 2025, 4:09pm ET · SEC source
$0.23
Miss −9.80%
EPS · est. $0.26
$855.0M
Beat +1.05%
Revenue · est. $846.1M
+12.4%
Beating market
PINS vs S&P since report
2 quarters
Consecutive EPS beats

Market Reaction

% change · around the report
−10%−5%0+5%May 8May 9report 4:09pm ETearnings−0.1%−4.9%
−10%−5%0+5%May 8May 9earnings−0.1%−4.9%
PINS −4.9%S&P 500 −0.1%
−10%−5%0+5%May 8May 9report 4:09pm ETearnings−0.2%−4.9%
−10%−5%0+5%May 8May 9earnings−0.2%−4.9%
PINS −4.9%NASDAQ −0.2%
−12%−6%0+6%May 7May 16report 4:09pm ETearnings+4.6%+0.4%
−12%−6%0+6%May 7May 16earnings+4.6%+0.4%
PINS +0.4%S&P 500 +4.6%
−14%−7%0+7%May 7May 16report 4:09pm ETearnings+6.0%+0.4%
−14%−7%0+7%May 7May 16earnings+6.0%+0.4%
PINS +0.4%NASDAQ +6.0%
+4.88%
Day of report
+12.39%
Next session
+11.46%
One week
+18.93%
30 days

S&P 500 over the same 30 days: +6.56%.

Did PINS Beat Earnings? Q1 2025 Results

Pinterest posted a mixed but largely encouraging first quarter in 2025, beating revenue estimates while falling short on the bottom line. The social discovery platform generated $854.99 million in revenue, topping the $846.10 million consensus by 1.05% and marking 15.5% year-over-year growth, yet non-GAAP EPS of $0.23 missed the $0.26 estimate by 9.80%, reflecting the continued weight of rising share-based compensation, which climbed to $187.43 million for the period. The more compelling story was user momentum, with monthly active users reaching a record 570 million globally, up 10% year over year, while AI-driven improvements to shopping intent and advertiser performance helped expand Adjusted EBITDA margins to 20% from 17% a year ago. CEO Bill Ready credited the platform's evolving AI capabilities for making the business more resilient as the digital advertising landscape shifts. Looking ahead, Pinterest guided Q2 2025 revenue to a range of $960 million to $980 million, implying continued double-digit growth as the company leans further into its commerce-focused strategy.

Key Takeaways
  • 16% revenue growth year over year (17% on constant currency basis)
  • Record 570 million global MAUs, up 10% YoY
  • Global ARPU increased 5% to $1.52
  • Adjusted EBITDA margin expanded to 20% from 17% in Q1 2024
  • Non-GAAP net income grew 33% to $159.6 million
  • Rest of World revenue grew 49% YoY, fastest-growing region
  • Europe revenue grew 24% YoY

“Our strong results in the first quarter demonstrate continued momentum in revenue, user growth and engagement. As the macroeconomic and digital ad landscape evolves, our strategy and consistent execution has made Pinterest more resilient than ever. The fundamentals in the business are strong and we're continuing to see healthy growth.”

Pinterest CEO, on the earnings call

Forward Guidance & Outlook

For Q2 2025, Pinterest expects revenue in the range of $960 million to $980 million, representing 12-15% year-over-year growth. Q2 2025 Adjusted EBITDA is expected to be in the range of $217 million to $237 million. The company intends to provide further details on its outlook during the conference call.

PINS YoY Financials

Q1 2025 vs Q1 2024 · SEC filings Q1 2024 Q1 2025
$0$300.0M$600.0M$900.0M$740.0M$855.0MRevenue$558.9M$655.7MGross Profit$-26,318,249$-35,477,000Operating Income$3.8M$8.9MNet Income
$0$300.0M$600.0M$900.0MRevenueGross ProfitOperating IncomeNet Income

PINS Revenue by Geography

United States
North America$663.0M+12.0%
Europe$147.0M+24.0%
Rest of World$45.0M+49.0%

Figures from SEC filings and company reports. Not investment advice.