Q1 25 EPS
$0.23
MISS 9.80%
Est. $0.26
Q1 25 Revenue
$855.0M
BEAT +1.05%
Est. $846.1M
vs S&P Since Q1 25
-64.2%
TRAILING MARKET
PINS -32.0% vs S&P +32.1%
Market Reaction
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 1.0… Read more 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
PINS YoY Financials
Q1 2025 vs Q1 2024, source: SEC Filings
PINS Revenue by Geography
With YoY comparisons, source: SEC Filings
“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.”
— Bill Ready, Q1 2025 Earnings Press Release
PINS Earnings Trends
PINS vs Market 30 Day Price Reactions
30-day stock return vs benchmark after each earnings
PINS EPS Trend
Earnings per share: estimate vs actual
PINS Revenue Trend
Quarterly revenue: estimate vs actual
PINS Quarterly Results
5 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q1 26 BEAT | $0.22 | $0.27 | +24.71% | $1.01B | +4.07% |
| Q4 25 MISS FY | $0.67 | $0.67 | -0.70% | $1.32B | -0.81% |
| FY Full Year | $1.66 | $1.60 | -3.64% | $4.22B | -0.29% |
| Q3 25 MISS | $0.42 | $0.38 | -8.83% | $1.05B | +0.09% |
| Q2 25 MISS | $0.35 | $0.33 | -6.17% | $998.2M | +2.33% |
| Q1 25 MISS | $0.26 | $0.23 | -9.80% | $855.0M | +1.05% |