Companies /Communication Services

Pinterest Inc - Class A

NYSE: PINS Internet Content & Information
$20.85
▼ $0.37 (−1.74%) today
Markets closed · 5:37pm ET

Q2 2025 Earnings

Reported Aug 7, 2025, 4:19pm ET · SEC source
$0.33
Miss −6.17%
EPS · est. $0.35
$998.2M
Beat +2.33%
Revenue · est. $975.5M
−1.9%
Trailing market
PINS vs S&P since report
2 quarters
Consecutive EPS beats

Market Reaction

% change · around the report
−15%−10%−5%0Aug 7Aug 8report 4:19pm ETearnings+0.9%−10.1%
−15%−10%−5%0Aug 7Aug 8earnings+0.9%−10.1%
PINS −10.1%S&P 500 +0.9%
−18%−12%−6%0Aug 7Aug 8report 4:19pm ETearnings+1.1%−10.1%
−18%−12%−6%0Aug 7Aug 8earnings+1.1%−10.1%
PINS −10.1%NASDAQ +1.1%
0+5%+10%Aug 6Aug 15report 4:19pm ETearnings+1.6%+2.0%
0+5%+10%Aug 6Aug 15earnings+1.6%+2.0%
PINS +2.0%S&P 500 +1.6%
0+5%+10%Aug 6Aug 15report 4:19pm ETearnings+1.3%+2.0%
0+5%+10%Aug 6Aug 15earnings+1.3%+2.0%
PINS +2.0%NASDAQ +1.3%
−10.31%
Day of report
−2.68%
Next session
+1.85%
One week
+0.46%
30 days

S&P 500 over the same 30 days: +2.36%.

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 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

“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.”

Pinterest CEO, on the earnings call

Forward Guidance & Outlook

For Q3 2025, Pinterest expects revenue in the range of $1,033 million to $1,053 million, representing 15%–17% year-over-year growth. The guidance assumes approximately 1 point of foreign exchange tailwind based on current spot rates. Q3 2025 Adjusted EBITDA is expected in the range of $282 million to $302 million.

PINS YoY Financials

Q2 2025 vs Q2 2024 · SEC filings Q2 2024 Q2 2025
$0$300.0M$600.0M$900.0M$853.7M$998.2MRevenue$8.9M$38.8MNet Income$-2,408,097$-4,330,000Operating Income
$0$300.0M$600.0M$900.0MRevenueNet IncomeOperating Income

PINS Revenue by Geography

United States
North America$745.0M+11.0%
Europe$191.0M+34.0%
Rest of World$63.0M+65.0%

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