Growth & profitability
- Revenue has grown 20.1% per year over the past 5 years.
- Operating margin has expanded, at 7.6% in the latest year.
- Free cash flow has grown 41.7% per year over the past 5 years.
PINS Financials Pinterest, Inc.
9 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →
RevenueNet income
GrossOperatingNet
ROEROA
Free cash flow
CashTotal debt
OperatingInvestingFinancing
Key annual figures
| FY | Revenue | Net income | Gross M | Op M | ROE | ROA | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|---|---|
| 2025 | $4.2B | $417M | 80.1% | 7.6% | 8.8% | 7.6% | $1.3B | — | $969M |
| 2024 | $3.6B | $1.9B | 79.4% | 4.9% | 39.2% | 34.9% | $940M | — | $1.1B |
| 2023 | $3.1B | -$36M | 77.5% | -4.1% | -1.2% | -1.0% | $605M | — | $1.4B |
| 2022 | $2.8B | -$96M | 75.8% | -3.6% | -2.9% | -2.5% | $440M | — | $1.6B |
| 2021 | $2.6B | $316M | 79.5% | 12.7% | 10.4% | 8.9% | — | — | $1.4B |
| 2020 | $1.7B | -$128M | 73.5% | -8.4% | -5.7% | -4.9% | — | — | $669M |
| 2019 | $1.1B | -$1.4B | 68.6% | -121.5% | -67.3% | -56.9% | — | — | $650M |
| 2018 | $756M | -$63M | 68.0% | -9.9% | 10.6% | -5.5% | — | — | $123M |
| 2017 | $473M | -$130M | 62.2% | -29.2% | 23.8% | — | — | — | $71M |
RevenueNet income
GrossOperatingNet
ROEROA
Free cash flow
CashTotal debt
OperatingInvestingFinancing
Key quarterly figures
| Quarter | Revenue | Net income | Gross M | Op M | ROE | ROA | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|---|---|
| Jun '26 | $1.2B | -$47M | 78.2% | -4.7% | -1.6% | -1.0% | $270M | — | $422M |
| Mar '26 | $1.0B | -$74M | 76.3% | -8.0% | -2.6% | -1.6% | $312M | — | $378M |
| Dec '25 | $1.3B | $277M | 82.8% | 22.8% | 5.8% | 5.0% | $380M | — | $969M |
| Sep '25 | $1.0B | $92M | 79.8% | 5.6% | 1.9% | 1.7% | $318M | — | $1.1B |
| Jun '25 | $998M | $39M | 79.7% | -0.4% | 0.8% | 0.7% | $197M | — | $1.2B |
| Mar '25 | $855M | $9M | 76.7% | -4.1% | 0.2% | 0.2% | $356M | — | $1.3B |
| Dec '24 | $1.2B | $1.8B | 82.9% | 22.7% | 38.9% | 34.6% | $250M | — | $1.1B |
| Sep '24 | $898M | $31M | 79.1% | -0.7% | 1.1% | 0.9% | $244M | — | $1.0B |
| Jun '24 | $854M | $9M | 78.3% | -2.5% | 0.3% | 0.2% | $102M | — | $1.4B |
| Mar '24 | $740M | -$25M | 75.5% | -7.4% | -0.8% | -0.7% | $344M | — | $1.6B |
| Dec '23 | $981M | $201M | 81.9% | 20.0% | 6.5% | 5.6% | $254M | — | $1.4B |
| Sep '23 | $763M | $7M | 77.6% | -0.7% | 0.2% | 0.2% | $108M | — | $1.2B |
| Jun '23 | $708M | -$35M | 76.2% | -10.3% | -1.3% | -1.1% | $62M | — | $1.2B |
| Mar '23 | $603M | -$209M | 71.6% | -40.4% | -6.8% | -5.8% | $181M | — | $1.7B |
| Dec '22 | $877M | $17M | 78.9% | 0.7% | 0.5% | 0.5% | — | — | $1.6B |
| Sep '22 | $685M | -$65M | 73.3% | -10.1% | -2.1% | -1.8% | — | — | $1.7B |
| Jun '22 | $666M | -$43M | 75.2% | -5.2% | -1.4% | -1.2% | — | — | $1.6B |
| Mar '22 | $575M | -$5M | 74.6% | -0.6% | -0.2% | -0.1% | — | — | $1.7B |
| Dec '21 | $847M | $175M | 83.3% | 21.2% | 5.7% | 4.9% | — | — | $1.4B |
| Sep '21 | $633M | $94M | 80.0% | 15.6% | 3.5% | 3.0% | — | — | $1.2B |
Valuation over time
How the market has priced PINS against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.
- The price-to-earnings ratio has risen from 9.4× (Dec '24) to 30.0× (Sep '26).
- The price-to-sales ratio has fallen from 5.8× (Mar '23) to 3.0× (Sep '26).
P/E
P/S
Frequently asked questions
Is PINS growing its revenue and profit?
Over the past 5 years, Pinterest, Inc.'s revenue has grown 20.1% per year. These are computed facts, not advice.
How much debt does PINS have?
As of FY2025, Pinterest, Inc. reported — of total debt against $969M of cash.
What is PINS's profit margin?
In FY2025, gross margin was 80.1%, operating margin 7.6%, and net margin 9.9%.
What is PINS's P/E ratio?
As of Sep '26, Pinterest, Inc. traded at a price-to-earnings ratio of about 30.0× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S have moved with the share price. These are computed facts, not advice.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.