美股A股
StockGist
Back
10-Q2026-05-04· glm-5

PINS · Pinterest, Inc.

0001506293-26-000068

SEC filing

Summary

Pinterest achieved 18% revenue growth to $1.0B in Q1 2026, though profitability shifted to a net loss of $73.6M as operating expenses increased. Strong free cash flow generation of $311.7M provided financial flexibility during this investment period.

Key takeaways

Full analysis

Revenue Performance and Cost Dynamics

Pinterest delivered Q1 2026 revenue of $1.0B, an increase of 17.8% compared to the prior year period. This growth was driven by the company's core advertising business, which bills customers on a cost-per-click (CPC), cost-per-thousand-impressions (CPM), or cost-per-day (CPD) basis. Gross profit rose 17.3% to $769.0M, maintaining a healthy gross margin of 76.3%. Cost of revenue consists primarily of expenses associated with the delivery of the service, including the cost of hosting the website and mobile application.

Operating Expense Expansion

Profitability and Tax Impacts

Cash Generation and Capital Allocation