Companies /Communication Services

Pinterest Inc - Class A

NYSE: PINS Internet Content & Information
$20.85
▼ $0.37 (−1.74%) today
Markets closed · 7:03pm ET

Q3 2025 Earnings

Reported Nov 4, 2025, 4:09pm ET · SEC source
$0.38
Miss −8.83%
EPS · est. $0.42
$1.0B
Beat +0.09%
Revenue · est. $1.0B
+4.6%
Beating market
PINS vs S&P since report
2 quarters
Consecutive EPS beats

Market Reaction

% change · around the report
−9%0+9%+18%Nov 4Nov 5report 4:09pm ETearnings+0.3%−7.0%
−9%0+9%+18%Nov 4Nov 5earnings+0.3%−7.0%
PINS −7.0%S&P 500 +0.3%
−9%0+9%+18%Nov 4Nov 5report 4:09pm ETearnings+0.6%−7.0%
−9%0+9%+18%Nov 4Nov 5earnings+0.6%−7.0%
PINS −7.0%NASDAQ +0.6%
0+9%+18%+27%Nov 3Nov 12report 4:09pm ETearnings+1.1%+1.3%
0+9%+18%+27%Nov 3Nov 12earnings+1.1%+1.3%
PINS +1.3%S&P 500 +1.1%
0+9%+18%+27%Nov 3Nov 12report 4:09pm ETearnings+0.3%+1.3%
0+9%+18%+27%Nov 3Nov 12earnings+0.3%+1.3%
PINS +1.3%NASDAQ +0.3%
−21.76%
Day of report
+2.06%
Next session
+6.10%
One week
+5.44%
30 days

S&P 500 over the same 30 days: +0.89%.

Did PINS Beat Earnings? Q3 2025 Results

Pinterest delivered a mixed but broadly solid Q3 2025, posting revenue of $1.05 billion, up 16.8% year over year and just edging past the consensus estimate by 0.09%, while adjusted EPS of $0.38 missed the $0.42 Wall Street expectation by 8.83%. The headline profitability shortfall was cushioned by genuine operational momentum: the platform reached an all-time high of 600 million global monthly active users, up 12% year over year, as CEO Bill Ready's investments in AI-powered shopping tools and visual search continued to attract both consumers and advertisers. Europe was a standout, with revenue surging 41% to $193 million, helped in part by a reported shift in ad spending from Asia-based e-commerce retailers away from the U.S. following changes to the de minimis exemption. Adjusted EBITDA climbed 24% to $306.05 million, with margin expanding to 29%. Looking ahead, Pinterest guided Q4 revenue of $1.31 billion to $1.34 billion, implying 14% to 16% growth, with Adjusted EBITDA expected between $533 million and $558 million.

Key Takeaways
  • AI and product innovation investments driving revenue growth
  • Visual search leadership positioning Pinterest as AI-powered shopping assistant
  • Global MAUs reached all-time high of 600 million, up 12% YoY
  • Strong international revenue growth: Europe up 41%, Rest of World up 66%
  • ARPU growth across all regions: Global up 5%, Europe up 31%, Rest of World up 44%
  • Global advertisers increasingly using Pinterest as a search platform to drive sales

“We had a strong Q3, with 17% year-over-year revenue growth. Our investments in AI and product innovation are paying off. We've become a leader in visual search and have effectively turned our platform into an AI-powered shopping assistant for 600 million consumers. In turn, global advertisers are increasingly counting on Pinterest as a go-to search platform to reach their customers and drive sales.”

Pinterest CEO, on the earnings call

Forward Guidance & Outlook

For Q4 2025, Pinterest expects revenue in the range of $1,313 million to $1,338 million, representing 14%-16% year-over-year growth. Guidance assumes approximately 1 point of foreign exchange tailwind based on current spot rates. Q4 2025 Adjusted EBITDA is expected in the range of $533 million to $558 million.

PINS YoY Financials

Q3 2025 vs Q3 2024 · SEC filings Q3 2024 Q3 2025
$0$300.0M$600.0M$900.0M$898.4M$1.0BRevenue$710.9M$836.9MGross Profit$4.9M$58.5MOperating Income$30.6M$92.1MNet Income
$0$300.0M$600.0M$900.0MRevenueGross ProfitOperating IncomeNet Income

PINS Revenue by Geography

United States
North America$786.0M+9.0%
Europe$193.0M+41.0%
Rest of World$70.0M+66.0%

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