Pinterest, Inc. (PINS) Financial Statements

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Pinterest financial statements at a glance

Pinterest reported revenue of $4.22 billion for fiscal year 2025 (ended December 31, 2025), up 15.8% from fiscal year 2024. Net income was $416.86 million, a net margin of 9.9%.

At the end of fiscal year 2025 it had total assets of $5.49 billion, total liabilities of $746.89 million and shareholders' equity of $4.75 billion, with cash and short-term investments of $2.47 billion and total debt of $262.02 million.

Its operations brought in $1.28 billion of cash; capital spending was $32.38 million, leaving free cash flow of $1.25 billion.

The tables below show the income statement, balance sheet and cash flow statement; the key figures of the last 5 fiscal years are at the bottom of the page.

Figures from company filings, in USD; latest fiscal year ended December 31, 2025.

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Pinterest, Inc.

PINSUnited States
Technology
USD (Local)

Income Statement

Annual • USD

Total Revenue
4.22B
Prev Year: 3.65B
YoY: +15.8%
Operating Revenue
4.22B
Prev Year: 3.65B
YoY: +15.8%
Cost of Revenue
841.52M
Prev Year: 750.36M
YoY: +12.1%
Gross Profit
3.38B
Prev Year: 2.90B
YoY: +16.7%
Operating Expense
3.06B
Prev Year: 2.72B
YoY: +12.7%
Selling General and Administrative
1.63B
Prev Year: 1.48B
YoY: +10.7%
General and Administrative Expense
466.21M
Prev Year: 463.66M
YoY: +0.6%
Other General and Administrative
466.21M
Prev Year: 463.66M
YoY: +0.6%
Selling and Marketing Expense
1.17B
Prev Year: 1.01B
YoY: +15.3%
Research and Development
1.43B
Prev Year: 1.24B
YoY: +15.1%
Operating Income
319.88M
Prev Year: 179.82M
YoY: +77.9%
Net Non Operating Interest Income Expense
110.49M
Prev Year: 127.00M
YoY: -13.0%
Other Income Expense
15.51M
Prev Year: -19.21M
YoY: +180.7%
Other Non-operating Income (expense)
15.51M
Prev Year: -19.21M
YoY: +180.7%
Pre-tax Income
445.89M
Prev Year: 287.61M
YoY: +55.0%
Provision for Income Taxes
29.04M
Prev Year: -1.57B
YoY: +101.8%
Net Income Common Stockholders
416.86M
Prev Year: 1.86B
YoY: -77.6%
Net Income
416.86M
Prev Year: 1.86B
YoY: -77.6%
Net Income Including Non-Controlling Interests
416.86M
Prev Year: 1.86B
YoY: -77.6%
Net Income from Continuing Operations
416.86M
Prev Year: 1.86B
YoY: -77.6%
Diluted NI Available to Com Stockholders
416.86M
Prev Year: 1.86B
YoY: -77.6%
Total Operating Income as Reported
319.88M
Prev Year: 179.82M
YoY: +77.9%
Basic EPS
-
Prev Year: 2.74
Total Expenses
3.90B
Prev Year: 3.47B
YoY: +12.6%
Diluted EPS
-
Prev Year: 2.67
Net Income from Continuing and Discontinued Operation
416.86M
Prev Year: 1.86B
YoY: -77.6%
Weighted Average Shares (basic)
-
Prev Year: 678.83M
Normalized Income
416.86M
Prev Year: 1.86B
YoY: -77.6%
Weighted Average Shares (diluted)
-
Prev Year: 698.38M
Net Interest Income
110.49M
Prev Year: 127.00M
YoY: -13.0%
EBIT
319.88M
Prev Year: 179.82M
YoY: +77.9%
EBITDA
345.03M
Prev Year: 201.08M
YoY: +71.6%
Reconciled Cost of Revenue
841.52M
Prev Year: 750.36M
YoY: +12.1%
Reconciled Depreciation
25.15M
Prev Year: 21.27M
YoY: +18.3%
Interest Income
-
Net Income from Continuing Operation Net Minority Interest
416.86M
Prev Year: 1.86B
YoY: -77.6%
Interest Expense
-
Normalized EBITDA
345.03M
Prev Year: 201.08M
YoY: +71.6%
Tax Rate for Calcs
0.07
Prev Year: 0
Total Other Finance Cost
-110.49M
Prev Year: -127.00M
YoY: +13.0%
Values in USD

Pinterest key figures by fiscal year

FY2025FY2024FY2023FY2022FY2021
Revenue$4.2B$3.6B$3.1B$2.8B$2.6B
Gross profit$3.4B$2.9B$2.4B$2.1B$2.0B
Operating income$319.9M$179.8M-$125.7M-$101.7M$326.2M
Net income$416.9M$1.9B-$35.6M-$96.0M$316.4M
Diluted EPS–$2.67-$0.05-$0.14$0.46
Total assets$5.5B$5.3B$3.6B$3.9B$3.5B
Total liabilities$746.9M$591.5M$503.7M$581.1M$498.5M
Shareholders' equity$4.7B$4.8B$3.1B$3.3B$3.0B
Cash and short-term investments$2.5B$2.5B$2.5B$2.7B$2.5B
Total debt$262.0M$185.8M$196.3M$229.0M$250.9M
Operating cash flow$1.3B$964.6M$613.0M$469.2M$752.9M
Capital spending$32.4M$24.6M$8.1M$29.0M$9.0M
Free cash flow$1.3B$940.0M$604.9M$440.2M$743.9M

In USD. Fiscal years as reported by the company; statements on this page go back to fiscal year 2017.

Questions and answers

What was Pinterest's revenue in fiscal year 2025?

$4.22 billion, up 15.8% from $3.65 billion in fiscal year 2024.

How much profit does Pinterest make?

Pinterest reported net income of $416.86 million for fiscal year 2025 (9.9% of revenue); operating income was $319.88 million.

How much cash and debt does Pinterest have?

At the end of fiscal year 2025: cash and short-term investments of $2.47 billion and total debt of $262.02 million.

What is Pinterest's free cash flow?

$1.25 billion in fiscal year 2025 (operating cash flow of $1.28 billion minus capital spending of $32.38 million).

Disclaimer: This analysis is for informational and educational purposes only and does not constitute financial, investment, tax, or legal advice. Data may be incomplete, delayed, or contain inaccuracies. Consult with a qualified financial advisor before making any investment decisions.
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