Pinterest (PINS) Q2 2025 Earnings
How Did PINS Stock React to Q2 2025 Earnings?
S&P 500 over the same 30 days: +2.36%.
Did PINS Beat Earnings? Q2 2025 Results
No. Pinterest reported Q2 2025 earnings of $0.33 a share on Aug 7, 2025, missing the $0.35 consensus estimate by 6.2%. Revenue was $998.2M against a $975.5M estimate.
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.
- 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
What Was Pinterest's Outlook in Q2 2025?
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
| Metric | Q2 2025 | Q2 2024 | Year over year |
|---|---|---|---|
| Revenue | $998.2M | $853.7M | +16.9% |
| Net Income | $38.8M | $8.9M | +336.1% |
| Operating Income | −$4.3M | −$2.4M | +79.8% |
PINS Revenue by Geography
Figures from SEC filings and company reports. Not investment advice.