Pinterest

Pinterest (PINS) Q1 2026 Earnings

Reported May 4, 2026 at 4:08 PM ET · SEC Source

Q1 26 EPS

$0.27

BEAT +24.71%

Est. $0.22

Q1 26 Revenue

$1.01B

BEAT +4.07%

Est. $968.1M

vs S&P Since Q1 26

+4.8%

BEATING MARKET

PINS +7.9% vs S&P +3.0%

Market Reaction

Did PINS Beat Earnings? Q1 2026 Results

Pinterest posted a strong first quarter for fiscal 2026, beating analyst expectations on both the top and bottom lines as its advertising platform gained traction and global user growth remained robust. The company reported non-GAAP EPS of $0.27, ahe… Read more Pinterest posted a strong first quarter for fiscal 2026, beating analyst expectations on both the top and bottom lines as its advertising platform gained traction and global user growth remained robust. The company reported non-GAAP EPS of $0.27, ahead of the $0.22 consensus estimate by 24.71%, while revenue of $1.01 billion grew 17.8% year over year and cleared the $968.12 million Wall Street forecast by 4.07%, propelled by a 59% revenue surge in its Rest of World segment and global monthly active users climbing 11% to 631 million. Adjusted EBITDA rose 20% to $206.51 million, though on a GAAP basis the quarter produced a net loss of $73.59 million, weighed down by a $47.10 million restructuring charge and elevated share-based compensation of $231.45 million. The results arrive as multiple securities class action lawsuits allege the company misled investors about tariff-related advertising headwinds in prior periods. Looking ahead, Pinterest guided Q2 2026 revenue of $1.13 billion to $1.15 billion, representing 14% to 16% growth year over year, with adjusted EBITDA expected between $256 million and $276 million.

Key Takeaways

  • 18% year-over-year revenue growth, 15% on constant currency basis
  • Global MAUs reached all-time high of 631 million, up 11% YoY
  • Tenth consecutive quarter of double-digit user growth
  • Rest of World revenue grew 59% YoY, the fastest-growing region
  • Europe revenue grew 27% YoY
  • Global ARPU increased 6% to $1.61
  • Favorable foreign exchange impact of $23.2 million

PINS Forward Guidance & Outlook

For Q2 2026, Pinterest expects revenue in the range of $1,133 million to $1,153 million, representing 14%-16% year-over-year growth, with approximately 1 percentage point of foreign exchange tailwind based on current spot rates. Q2 2026 Adjusted EBITDA is expected to be in the range of $256 million to $276 million.

24/7 Wall St

PINS YoY Financials

Q1 2026 vs Q1 2025, source: SEC Filings

24/7 Wall St

PINS Revenue by Geography

With YoY comparisons, source: SEC Filings

Q1 25 Q1 26

“We delivered a strong start to 2026, with Q1 revenue surpassing $1 billion, up 18% year over year, and global monthly active users growing to 631 million, our tenth consecutive quarter of double-digit user growth.”

— Bill Ready, Q1 2026 Earnings Press Release