Pinterest

Pinterest (PINS) Q4 2025 Earnings

Reported Feb 12, 2026 at 4:07 PM ET · SEC Source

Q4 25 EPS

$0.67

MISS 0.70%

Est. $0.67

Q4 25 Revenue

$1.32B

MISS 0.81%

Est. $1.33B

vs S&P Since Q4 25

+34.8%

BEATING MARKET

PINS +44.2% vs S&P +9.4%

Full Year 2025 Results

FY 25 EPS

$1.60

MISS 3.64%

Est. $1.66

FY 25 Revenue

$4.22B

MISS 0.29%

Est. $4.23B

Market Reaction

Did PINS Beat Earnings? Q4 2025 Results

Pinterest delivered a mixed Q4 2025, matching earnings expectations but falling just short on revenue as advertising pullbacks from large retail clients weighed on results. The social platform reported non-GAAP EPS of $0.67, in line with the consensu… Read more Pinterest delivered a mixed Q4 2025, matching earnings expectations but falling just short on revenue as advertising pullbacks from large retail clients weighed on results. The social platform reported non-GAAP EPS of $0.67, in line with the consensus estimate, while revenue came in at $1.32 billion, a 14.3% year-over-year gain but slightly below the $1.33 billion analysts had anticipated. The shortfall was partly tied to an "exogenous shock" related to tariffs, which management cited as pressuring key retail advertisers, sending shares down more than 16% in the wake of the report. Bright spots included record global monthly active users of 619 million, up 12% year over year, and strong free cash flow of $380.37 million for the quarter. Looking ahead, Pinterest guided Q1 2026 revenue of $951 million to $971 million, representing 11% to 14% growth, with Adjusted EBITDA of $166 million to $186 million, reflecting typical seasonal softness and continued investment in sales transformation as the company works to diversify its advertiser base beyond retail.

Key Takeaways

  • All-time high 619 million global MAUs, up 12% YoY
  • Revenue growth of 14% YoY in Q4 (13% constant currency)
  • Rest of World revenue grew 64% YoY in Q4
  • Europe revenue grew 25% YoY in Q4
  • ARPU growth across all geographies, with Rest of World ARPU up 42% in Q4
  • Adjusted EBITDA margin maintained at 41% in Q4
  • Operating cash flow up 54% YoY in Q4
24/7 Wall St

PINS YoY Financials

Q4 2025 vs Q4 2024, source: SEC Filings

24/7 Wall St

PINS Revenue by Geography

With YoY comparisons, source: SEC Filings

Q1 25 Q1 26

“We delivered a record $4.2 billion in revenue in 2025, up 16% year-over-year, and reached 619 million monthly active users, up 12%. Users are at all-time highs and overall engagement continues to grow, with more than 80 billion monthly searches on our platform as we continue to deliver strong innovation in visual search using AI. As we navigate a dynamic environment, we're laser-focused on execution and transforming our sales and go-to-market efforts so monetization better reflects the valuable commercial intent we see on Pinterest. We're confident these important changes will make us a stronger company and position us to realize the long-term opportunity ahead.”

— Bill Ready, Q4 2025 Earnings Press Release