Companies /Communication Services

Pinterest Inc - Class A

NYSE: PINS Internet Content & Information
$20.85
▼ $0.37 (−1.74%) today
Markets closed · 12:15am ET

Q2 2026 Earnings

Reported Aug 4, 2026, 4:10pm ET · SEC source
$0.43
Beat +20.38%
EPS · est. $0.36
$1.2B
Beat +2.73%
Revenue · est. $1.1B
2 quarters
Consecutive EPS beats

Market Reaction

% change · around the report
0+4%+8%Aug 4Aug 5report 4:10pm ETearnings−0.1%−1.5%
0+4%+8%Aug 4Aug 5earnings−0.1%−1.5%
PINS −1.5%S&P 500 −0.1%
0+4%+8%Aug 4Aug 5report 4:10pm ETearnings−0.9%−1.5%
0+4%+8%Aug 4Aug 5earnings−0.9%−1.5%
PINS −1.5%NASDAQ −0.9%
0+4%+8%Aug 3Aug 12report 4:10pm ETearnings−0.0%−2.5%
0+4%+8%Aug 3Aug 12earnings−0.0%−2.5%
PINS −2.5%S&P 500 −0.0%
0+4%+8%Aug 3Aug 12report 4:10pm ETearnings+0.0%−2.5%
0+4%+8%Aug 3Aug 12earnings+0.0%−2.5%
PINS −2.5%NASDAQ +0.0%
−8.68%
Day of report
−0.13%
Next session
−1.97%
One week

Did PINS Beat Earnings? Q2 2026 Results

Pinterest delivered a strong second-quarter beat in Q2 2026, posting non-GAAP EPS of $0.43 against a consensus estimate of $0.36, a 20.38% beat, while revenue climbed 18.2% year over year to $1.18 billion, edging past the $1.15 billion analysts had expected. The central driver was user momentum, with Pinterest reaching 640 million global monthly active users across its 11th consecutive quarter of double-digit growth, a scale that continued to attract advertiser dollars and lift global average revenue per user 7% to $1.86. Rest of World was the fastest-growing geography at 38% revenue growth, while U.S. and Canada ARPU rose 14% to $8.30, underscoring the platform's broadening monetization reach. Adjusted EBITDA expanded 24% to $311.31 million, delivering a 26% margin, even as GAAP results reflected heavier share-based compensation and restructuring charges. Free cash flow surged 37% to $269.93 million, supported by $2 billion-plus in year-to-date buybacks. Options markets had flagged a potential 12% stock move around the print. Looking ahead, Pinterest guided Q3 2026 revenue to $1.19 billion to $1.21 billion, representing 13% to 15% growth, with adjusted EBITDA of $335 million to $355 million.

Key Takeaways
  • 18% revenue growth year over year (17% constant currency)
  • Global MAUs grew 11% to 640 million, an all-time high
  • 11th consecutive quarter of double-digit user growth
  • Global ARPU increased 7% to $1.86
  • U.S. and Canada ARPU grew 14% to $8.30
  • Rest of World revenue grew 38% year over year
  • Adjusted EBITDA margin expanded to 26% from 25%
  • Free cash flow grew 37% year over year to $270 million

“Our Q2 results reflect the scale and strength of our platform: more than $1.1 billion in revenue, growing 18%, and 640 million monthly active users, our 11th consecutive quarter of double digit user growth.”

Pinterest CEO, on the earnings call

Forward Guidance & Outlook

For Q3 2026, Pinterest expects revenue in the range of $1,190 million to $1,210 million, representing 13%-15% year-over-year growth, which assumes a modest headwind from foreign exchange based on current spot rates. Q3 2026 Adjusted EBITDA is expected to be in the range of $335 million to $355 million.

PINS YoY Financials

Q2 2026 vs Q2 2025 · SEC filings Q2 2025 Q2 2026
$0$400.0M$800.0M$1.2B$998.3M$1.2BRevenue
$0$400.0M$800.0M$1.2BRevenue

PINS Revenue by Geography

United States$880.0M+18.0%
North America
Europe$213.0M+12.0%
Rest of World$87.0M+38.0%

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