PINTEREST (PINS) Company Report

Pinterest, Inc. closed its acquisition of tvScientific, Inc. on February 17, 2026.
As a result of the acquisition, the company updated its first quarter 2026 revenue guidance to $958 million to $978 million.
The first quarter 2026 Adjusted EBITDA guidance was also updated to $163 million to $183 million.
These updated guidance figures include the expected partial-quarter contribution of tvScientific to Pinterest's consolidated financials.

Feb 18, 2026, 12:16 PM

8-K

Pinterest Reports Q4 2025 Results, Highlights AI and Advertiser Expansion

PINS

Earnings

Guidance Update

M&A

Pinterest reported Q4 2025 global revenue of $1.319 billion, up 14% year-over-year, driven by 619 million global monthly active users (MAUs), a 12% increase, marking its tenth consecutive quarter of record-high users.
For the full year 2025, the company achieved $1.25 billion in free cash flow, up 33%, and an Adjusted EBITDA margin of 30%.
Strategic initiatives include significant AI advancements such as OmniSage and PinFM to enhance visual search and discovery, and the beta launch of Pinterest Assistant. The company is also expanding its advertiser base to mid-market, SMB, and international clients, with managed SMB revenue growth nearly doubling in 2025.
Pinterest expects Q1 2026 revenue between $951 million and $971 million, representing 11%-14% growth. The full-year 2026 Adjusted EBITDA margin is projected to be 29% on a combined basis, including an approximate 100 basis point drag from the tvScientific acquisition and investments in AI infrastructure.

Feb 12, 2026, 9:30 PM

Transcript

Pinterest Reports Q4 2025 Results, Announces Strategic Shifts and 2026 Outlook

PINS

Earnings

Guidance Update

M&A

Pinterest reported Q4 2025 global revenue of $1.319 billion, a 14% year-over-year increase, and 619 million global MAUs, up 12%. However, the company expressed dissatisfaction with Q4 revenue performance, attributing it to the disproportionate impact of tariffs on top retail advertisers.
For the full year 2025, free cash flow increased 33% to $1.25 billion, and $927 million was allocated to share repurchases.
To address revenue challenges, Pinterest is undergoing a sales and go-to-market transformation under new Chief Business Officer Lee Brown, focusing on broadening its advertiser base to include mid-market, SMB, and international clients, and announced the acquisition of tvScientific to expand into connected TV advertising.
The company provided Q1 2026 revenue guidance of $951 million to $971 million (11%-14% growth) and expects a full year 2026 Adjusted EBITDA margin of 29%, which includes a 100 basis point drag from the tvScientific acquisition.

Feb 12, 2026, 9:30 PM

Transcript

Pinterest Reports Q4 2025 Results and Provides 2026 Outlook

PINS

Earnings

Guidance Update

M&A

Pinterest reported Q4 2025 global revenue of $1.319 billion, a 14% year-over-year increase, and 619 million global MAUs, up 12% year-over-year, marking its tenth consecutive quarter of record-high users.
The company expressed dissatisfaction with Q4 revenue performance due to tariffs impacting ad spend from large retail advertisers and outlined a strategy to broaden its revenue mix and accelerate sales transformation, led by a new Chief Business Officer.
For Q1 2026, Pinterest guided for revenue between $951 million and $971 million (11%-14% growth) and anticipates full-year 2026 Adjusted EBITDA margins to be approximately 29%, including a 100 basis point drag from the pending tvScientific acquisition.
Pinterest repurchased $500 million in shares during Q4 2025, bringing the full-year total to $927 million for 30 million shares, and announced a January restructuring expected to generate $100 million in annualized non-GAAP OpEx savings, with half reinvested into AI and sales transformation.

Feb 12, 2026, 9:30 PM

Transcript

Pinterest announces Q4 2025 results

PINS

Earnings

Revenue Acceleration/Inflection

Pinterest reported Q4 2025 revenue of $1,319 million, a 14% year-over-year increase globally, driven by 25% growth in Europe and 64% growth in Rest of World.
Global monthly active users (MAUs) grew 12% year-over-year to 619 million in Q4 2025.
Adjusted EBITDA for Q4 2025 was $542 million, representing a 15% year-over-year increase and an Adjusted EBITDA Margin of 41%.
The company also reported Q4 2025 net income of $277.1 million and generated $1,251.9 million in free cash flow for the twelve months ended December 31, 2025.

Feb 12, 2026, 9:30 PM

Presentation

Pinterest Announces Strong Q4 and Full Year 2025 Results with Record Users and Revenue

PINS

Earnings

Revenue Acceleration/Inflection

Guidance Update

Pinterest reported Q4 2025 revenue of $1,319 million, a 14% increase year-over-year, and full-year 2025 revenue of $4,222 million, up 16% year-over-year.
The company reached an all-time high of 619 million global monthly active users (MAUs) in Q4 2025, marking a 12% increase year-over-year.
GAAP net income for Q4 2025 was $277 million and $417 million for the full year 2025, while Adjusted EBITDA was $542 million for Q4 and $1,270 million for the full year.
For Q1 2026, Pinterest anticipates revenue to be in the range of $951 million to $971 million and Adjusted EBITDA between $166 million and $186 million.

Feb 12, 2026, 9:07 PM

8-K

Pinterest Announces Q4 and Full Year 2025 Results

PINS

Earnings

Revenue Acceleration/Inflection

Guidance Update

Pinterest reported Q4 2025 revenue of $1,319 million, an increase of 14% year-over-year, and full year 2025 revenue of $4,222 million, up 16% year-over-year.
Global Monthly Active Users (MAUs) reached an all-time high of 619 million, representing a 12% increase year-over-year for both Q4 and the full year 2025.
GAAP net income was $277 million for Q4 2025 and $417 million for the full year 2025.
Adjusted EBITDA for Q4 2025 was $542 million and for the full year 2025 was $1,270 million.
For Q1 2026, Pinterest expects revenue to be in the range of $951 million to $971 million, and Adjusted EBITDA to be between $166 million and $186 million.

Feb 12, 2026, 9:06 PM

Press Release

Alaffia Health Raises $55M in Series B Funding

PINS

New Projects/Investments

Hiring

Board Change

Alaffia Health announced a $55 million Series B financing round, led by Transformation Capital, with participation from insiders including FirstMark Capital, Tau Ventures, and Twine Ventures.
This funding brings Alaffia's total capital raised to more than $73 million.
The company plans to use the new capital to accelerate growth in research and development, innovation, and scaling AI adoption, and to expand hiring across engineering, product, and growth teams.
Alaffia Health has delivered millions of dollars in medical cost savings for health plans, with solutions providing 20%+ average savings on high-cost facility claims and 5x+ ROI.
As part of the financing, Todd Cozzens, Managing Partner at Transformation Capital, has joined Alaffia's Board of Directors.

Feb 3, 2026, 2:12 PM

Press Release

Pinterest Announces Global Restructuring and AI Pivot

PINS

Layoffs

New Projects/Investments

M&A

Pinterest is implementing a board-approved global restructuring that will cut less than 15% of its workforce (which was 4,666 full-time employees as of its 2024 annual report) and incur about $35–$45 million of pre-tax charges, with completion expected by the end of its third quarter.
The restructuring reallocates resources to AI-focused roles and products, reprioritizes AI-powered capabilities, and reshapes its sales approach, with plans to reinvest in key development areas.
Pinterest remains profitable with strong margins and liquidity, evidenced by a trailing-12-month revenue of $4.06 billion and a gross margin of approximately 79.99%; however, concerns include a high Beneish M-Score and recent insider selling.
CEO Bill Ready noted that Pinterest's AI and product investments are "paying off," positioning the platform as an AI-powered shopping assistant for roughly 600 million consumers.
There is market speculation regarding a possible OpenAI acquisition of Pinterest, with Kalshi traders pricing a roughly 54% chance.

Jan 27, 2026, 12:51 PM

CNBC

Pinterest Reports Strong Q3 2025 Financial Performance

PINS

Earnings

Revenue Acceleration/Inflection

Pinterest reported Q3 2025 total revenue of $1,049.2 million, an increase of +17% year-over-year.
Adjusted EBITDA for Q3 2025 reached $306.1 million, up +24% year-over-year, with an Adjusted EBITDA Margin of 29%.
Global Monthly Active Users (MAUs) grew +12% year-over-year, while Global Average Revenue Per User (ARPU) increased +5% year-over-year to $1.78.
The company generated $318.4 million in free cash flow during Q3 2025.