NYSE$PINS
Pinterest Inc · Q4 2020 earnings
Q4 2020 earnings · · Investor relations
Briefing
Pinterest's Q4 2020 earnings exceeded expectations driven by strong holiday advertiser demand and investments in ad products and international expansion.
Pinterest's Q4 2020 saw significant growth with revenue increasing by 76% year-over-year to $706 million. The company's MAUs also grew by 37% year-over-year to 459 million. GAAP net income was $208 million, a significant improvement from the net loss in the same period of the previous year.
- Q4 revenue grew 76% year-over-year to $706 million.
- Monthly Active Users (MAUs) increased 37% year-over-year to 459 million.
- GAAP net income for Q4 was $208 million.
- Adjusted EBITDA for Q4 was $299 million.
Headline financials
Revenue & EPS history
Pinterest · Revenue · Quarterly
$706M
Forward guidance
Pinterest anticipates Q1 2021 revenue to grow in the low-70% range year-over-year. The company plans to invest in content, the Pinner experience, advertiser success, and shopping.
Tailwinds
- Revenue growth expected in the low-70% range year-over-year for Q1 2021.
- Continued focus on content improvement to inspire users.
- Deepening the Pinner experience with better planning tools.
- Helping advertisers succeed with improved automation and measurement.
- Making Pinterest more shoppable to ease product discovery and purchase.
Headwinds
- Uncertainty remains due to the ongoing COVID-19 pandemic.
- Investments in strategic priorities may impact short-term profitability.
- International expansion efforts will require increased headcount and resources.
- Scaling comprehension and brand marketing efforts will add to expenses.
- Competition in the social media and advertising space remains intense.
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 Q4 2020
+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
| Quarter | Report date | Reaction (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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