Q2 25 EPS
$0.33
MISS 6.17%
Est. $0.35
Q2 25 Revenue
$998.2M
BEAT +2.33%
Est. $975.5M
vs S&P Since Q2 25
-54.3%
TRAILING MARKET
PINS -37.3% vs S&P +17.0%
Market Reaction
Did PINS Beat Earnings? Q2 2025 Results
Pinterest delivered a mixed second quarter for fiscal 2025, posting revenue of $998.23 million, a 16.9% year-over-year gain that cleared the $975.52 million consensus estimate by 2.33%, yet falling short on the bottom line with non-GAAP EPS of $0.33 … Read more Pinterest delivered a mixed second quarter for fiscal 2025, posting revenue of $998.23 million, a 16.9% year-over-year gain that cleared the $975.52 million consensus estimate by 2.33%, yet falling short on the bottom line with non-GAAP EPS of $0.33 against analyst expectations of $0.35, a 6.17% miss that sent shares tumbling nearly 13% in after-hours trading. The earnings shortfall reflected elevated share-based compensation of $227.23 million, which weighed on profitability even as adjusted EBITDA climbed 33% year over year to $250.78 million. A key driver of the revenue beat was accelerating international monetization, with European revenue surging 34% and Rest of World revenue jumping 65%, complementing an 11% gain in the core U.S. And Canada segment. The company also reached an all-time high of 578 million monthly active users, up 11% year over year, with Gen Z now representing more than half the user base. Looking ahead, Pinterest guided Q3 2025 revenue to $1.03 billion to $1.05 billion, implying 15% to 17% growth, with adjusted EBITDA expected between $282 million and $302 million.
Key Takeaways
- • 17% revenue growth on both reported and constant currency basis
- • Global MAUs reached all-time high of 578 million, up 11% YoY
- • Gen Z grown to over half of user base
- • Adjusted EBITDA margin improved to 25% from 22% YoY
- • Non-GAAP net income grew 33% YoY to $228 million
- • Strong international growth: Europe revenue up 34%, Rest of World up 65%
- • ARPU growth across all geographies: Global up 6%, Europe up 26%, Rest of World up 44%
- • Free cash flow nearly doubled to $197 million
PINS YoY Financials
Q2 2025 vs Q2 2024, source: SEC Filings
PINS Revenue by Geography
With YoY comparisons, source: SEC Filings
“I'm proud of our Q2 results—delivering 17% revenue growth and another quarter of record users. We're also excited that Gen Z has grown to over half of our user base.”
— Bill Ready, Q2 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% |