NYSE$PINS
Pinterest Inc · Q4 2021 earnings
Q4 2021 earnings · · Investor relations
Briefing
Pinterest's Q4 2021 earnings demonstrated revenue growth despite user decline, driven by strength in retail advertising and international markets.
Pinterest's Q4 2021 revenue grew 20% year-over-year to $847 million, while global MAUs decreased 6% to 431 million. GAAP net income was $175 million, and Adjusted EBITDA was $351 million. The company is focused on creator-led content, shopping, Pinner experience, and advertiser success in 2022.
- Q4 revenue grew 20% year-over-year to $847 million.
- Global MAUs decreased 6% year-over-year to 431 million.
- GAAP net income for Q4 was $175 million.
- Adjusted EBITDA was $351 million for Q4.
Headline financials
Revenue & EPS history
Pinterest · Revenue · Quarterly
$847M
Forward guidance
Pinterest anticipates Q1 revenue growth to be in the high teens percentage range year-over-year. Non-GAAP operating expenses are expected to increase by around 10% quarter-over-quarter in Q1 and approximately 40% year-over-year for the full year.
Tailwinds
- Focus on scaling native content ecosystem.
- Continued investment in the core Pinner experience.
- Expect research and development efforts to focus on shopping.
- Plan to continue to grow headcount to fund strategic initiatives.
- Expect research and development efforts to focus on ad product and measurement investments.
Headwinds
- Uncertainty regarding the duration and scope of the coronavirus.
- General economic uncertainty in key global markets.
- Our ability to attract,retain and resurrect users and maintain and grow their engagement levels.
- Increasing competition for time spent online from video-centric consumer apps.
- Impact of the COVID-19 pandemic on our planned investments, operations, expenses, revenue, cash flow, liquidity, users and engagement
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 2021
+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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