NYSE$PINS

Pinterest Inc · Q1 2025 earnings

Q1 2025 earnings · · After market close · Investor relations

Briefing

Pinterest reported Q1 2025 revenue of $855.0M with net income of $8.9M and diluted EPS of $0.01.

Revenue rose 16% to $855.0M as U.S. and international monetization improved and MAUs grew. Net income was $8.9M, or $0.01 per diluted share, versus a loss a year ago; adjusted EBITDA was $171.6M.

  • Q1 revenue $855.0M (+16% YoY).
  • Net income $8.9M; adjusted EBITDA $171.6M.
  • Global MAUs and ARPU expansion support ad demand.
  • AI and shopping tools deepen advertiser engagement.
  • Macro and platform competition remain watch items.

Headline financials

Total Revenue

$855M

Previous: $740M+15.5%
EPS (adj)

$0.01

Previous: -$0.04+125.0%
Global MAUs

570.0M

Previous: 518.0M+10.0%
U.S. and Canada MAUs

102.0M

Previous: 98.0M+4.1%
Europe MAUs

148.0M

Previous: 140.0M+5.7%
Rest of World MAUs

320.0M

Previous: 279.0M+14.7%
Global ARPU

$1.52

Previous: $1.46+4.1%
U.S. and Canada ARPU

$6.54

Previous: $6.05+8.1%
Europe ARPU

$1.00

Previous: $0.86+16.3%
Rest of World ARPU

$0.14

Previous: $0.11+27.3%
Capital Expenditures

-$7.29M

Previous: -$12.1M+39.8%
Net Income

$8.92M

Previous: -$24.8M+136.0%
Operating Income

-$35.5M

Previous: -$54.4M+34.8%
Gross Profit

$656M

Previous: $559M+17.3%
R&D Expense

$332M

Previous: $280M+18.3%

Revenue & EPS history

Pinterest · Revenue · Quarterly

$855M

Q1 2025+15.5%vs Q1 2024
Beat estimate in 11 of 15 quarters(73%)
ActualEstimate

Forward guidance

Digital platforms emphasize user growth, monetization, and adjusted profitability metrics; GAAP EPS may swing with stock-based compensation and fair-value items.

Tailwinds

  • MAU/ARPU and subscription trends support revenue.
  • AI and commerce tools deepen engagement.
  • Operating leverage as scale improves.

Headwinds

  • Ad market cyclicality and competition.
  • SBC and fair-value volatility on GAAP earnings.
  • Macro pressure on SMB customers for some names.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2025

Historical avgQ1 2025

+1.0%

Avg return

Earnings day

+0.7%

Avg return

5 days after

+0.4%

Avg return

30 days after

46%

13 / 28 earnings

Positive

+43.2%

Q2 2020

Best reaction

-23.2%

Q2 2021

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-1.4%+2.2%+3.8%
Q4 2025-16.8%-11.7%-1.9%
Q3 2025-21.8%-17.9%-18.7%
Q1 2025+4.6%+18.1%+22.8%
Q4 2024+19.1%+16.4%+2.1%
Q3 2024-13.6%-9.2%-4.4%
Q2 2024-14.5%-22.1%-16.5%
Q1 2024+19.8%+19.6%+22.5%
Q4 2023-9.7%-12.5%-14.5%
Q3 2023+22.7%+27.0%+36.6%
Q2 2023-3.9%-8.0%-5.2%
Q1 2023-13.6%-19.7%-8.9%
Q4 2022-3.7%-9.6%-6.3%
Q3 2022+13.0%+9.8%+13.4%
Q2 2022+14.5%+15.8%+18.3%
Q1 2022+10.3%+15.3%+6.4%
Q4 2021-0.3%-2.4%-11.5%
Q3 2021+3.4%+4.4%-19.8%
Q2 2021-23.2%-21.7%-25.3%
Q1 2021-13.6%-13.5%-16.2%
Q4 2020+6.2%+2.9%-11.7%
Q3 2020+19.0%+11.2%+32.7%
Q2 2020+43.2%+42.4%+40.3%
Q1 2020-17.3%-7.7%-1.1%
Q4 2019+15.0%+9.7%-15.5%
Q3 2019-19.5%-21.0%-24.8%
Q2 2019+15.8%+12.7%+18.7%
Q1 2019-6.7%-11.2%-4.3%
Q3 2018
Q2 2018
Q1 2018
Q4 2017

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