Saturday 17 October 2026
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Pinterest, Inc.
PINS Communication Services Internet Content & Information
Pinterest, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $4.2 billion, up 15.8% from fiscal 2024. In the quarter to June 2026, revenue grew 18.2%, EPS fell 233.3% and free cash flow grew 37.2%, each against the same quarter a year earlier. Revenue growth for five consecutive years, operating cash flow growth for three.
21.91
0.80
−3.52%
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Target Price Range
Analyst price targets
Free accountTen years at a glance Fiscal years to December
| Group | Line | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Trend | 2026e | 2027e | 2028e |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Price, $ | |||||||||||||||
| Price, $ | Low | — | — | — | 17.39 | 10.10 | 34.07 | 16.14 | 20.60 | 27.00 | 23.68 |
Analyst estimates 2026–2028 Powerpack |
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| High | — | — | — | 36.83 | 75.44 | 89.90 | 36.95 | 38.24 | 45.19 | 40.90 | |||||
| People | |||||||||||||||
| People | Employees | — | — | 1,797 | 2,217 | 2,545 | 3,225 | 3,987 | 4,014 | 4,666 | 5,265 | ||||
| Revenue/emp, $m | — | 0.00 | 0.42 | 0.52 | 0.67 | 0.80 | 0.70 | 0.76 | 0.78 | 0.80 | |||||
| Income, $m | |||||||||||||||
| Income, $m | Revenue | — | 473 | 756 | 1,143 | 1,693 | 2,578 | 2,803 | 3,055 | 3,646 | 4,222 | ||||
| Gross margin, % | — | 62.22 | 68.04 | 68.59 | 73.45 | 79.47 | 75.79 | 77.46 | 79.42 | 80.07 | |||||
| EBT | — | (130) | (63) | (1,361) | (127) | 321 | (86) | (16) | 288 | 446 | |||||
| EBT margin, % | — | (27.44) | (8.28) | (119.08) | (7.50) | 12.45 | (3.07) | (0.54) | 7.89 | 10.56 | |||||
| Net income | — | (130) | (63) | (1,361) | (128) | 316 | (96) | (36) | 1,862 | 417 | |||||
| Depreciation | — | 16 | 21 | 28 | 37 | 33 | 46 | 0 | (8) | 7 | |||||
| Per share, $ | |||||||||||||||
| Per share, $ | Revenue | — | 3.74 | 5.95 | 2.72 | 2.84 | 4.03 | 4.21 | 4.53 | 5.37 | 6.26 | ||||
| Earnings | — | (1.03) | (0.50) | (3.24) | (0.22) | 0.49 | (0.14) | (0.05) | 2.74 | 0.62 | |||||
| Cash flow | — | (0.81) | (0.47) | 0.00 | 0.05 | 1.18 | 0.70 | 0.91 | 1.42 | 1.90 | |||||
| Capex | — | (0.33) | (0.17) | (0.08) | (0.03) | (0.01) | (0.04) | (0.01) | (0.04) | (0.05) | |||||
| Free cash flow | — | (1.14) | (0.65) | (0.08) | 0.02 | 1.16 | 0.66 | 0.90 | 1.38 | 1.86 | |||||
| Book value | — | 0.00 | 6.85 | 4.81 | 3.76 | 4.75 | 4.93 | 4.58 | 7.00 | 7.03 | |||||
| Shares, m | — | 127 | 127 | 420 | 596 | 640 | 666 | 675 | 679 | 675 | |||||
| Valuation, × | |||||||||||||||
| Valuation, × | P/E | — | 0.00 | 0.00 | 0.00 | 0.00 | 72.70 | 0.00 | 0.00 | 10.51 | 41.76 | ||||
| P/S | — | 3.76 | 3.76 | 6.86 | 23.21 | 9.02 | 5.44 | 8.00 | 5.40 | 4.14 | |||||
| P/B | — | 0.00 | 0.00 | 3.87 | 17.52 | 7.66 | 4.64 | 7.90 | 4.14 | 3.68 | |||||
| EV/Sales | — | 3.18 | 3.18 | 5.51 | 22.26 | 8.14 | 4.54 | 7.23 | 4.76 | 3.59 | |||||
| EV/FCF | — | (44.96) | (44.96) | (190.10) | 3,297.37 | 28.22 | 28.89 | 36.52 | 18.45 | 12.12 | |||||
| Cash, $m | |||||||||||||||
| Cash, $m | Operating cash flow | — | (103) | (60) | 1 | 29 | 753 | 469 | 613 | 965 | 1,284 | ||||
| Capex | — | (41) | (22) | (34) | (17) | (9) | (29) | (8) | (25) | (32) | |||||
| Free cash flow | — | (144) | (83) | (33) | 11 | 744 | 440 | 605 | 940 | 1,252 | |||||
| Balance, $m | |||||||||||||||
| Balance, $m | Working capital | — | 807 | 781 | 1,891 | 2,153 | 2,922 | 3,074 | 3,021 | 3,087 | 3,090 | ||||
| Total debt | — | — | 151 | 220 | 183 | 251 | 229 | — | — | — | |||||
| Net debt | — | (712) | (628) | (1,713) | (1,760) | (2,480) | (2,698) | (2,511) | (2,513) | (2,467) | |||||
| Shareholders’ equity | — | — | 871 | 2,024 | 2,242 | 3,039 | 3,282 | 3,091 | 4,751 | 4,745 | |||||
| Returns, % | |||||||||||||||
| Returns, % | ROA | — | (10.81) | (10.93) | (76.78) | (5.13) | 10.30 | (2.60) | (0.96) | 41.67 | 7.69 | ||||
| ROIC | — | 0.00 | (19.22) | (279.69) | (18.48) | 36.49 | (10.89) | (13.55) | 5.02 | 8.78 | |||||
| ROE | — | 22.79 | 11.04 | (190.52) | (6.02) | 11.98 | (3.04) | (1.12) | 47.49 | 8.78 | |||||
Negative figures in brackets.
Fiscal years to Dec 2025 · latest quarter Jun 2026
Charts ten years each
Pinterest, Inc. vs peers in Internet Content & Information (Q) = latest quarter vs a year earlier
| Company | Market cap | P/E | Fwd P/E | Revenue growth (Q) | EPS growth (Q) | FCF growth (Q) | Gross margin (Q) | EBIT margin (Q) | Compare |
|---|---|---|---|---|---|---|---|---|---|
| RDDT Reddit Inc. | $30.7B | 34.0× | 34.9× | +61.10% (above 0%: growing) | +172.92% (above 0%: growing) | +135.27% (above 0%: growing) | 91.27% | 28.79% | Compare |
| BIDU Baidu, Inc. | $22.8B | — (loss-making) | 17.5× | +1.09% (above 0%: growing) | −69.18% (below 0%: shrinking) | −128.87% (below 0%: shrinking) | 39.03% | 9.66% | Compare |
| PINS Pinterest, Inc. | $12.9B | 62.6× | 41.1× | +18.17% (above 0%: growing) | n/m | +37.24% (above 0%: growing) | 78.18% | (4.68%) | |
| SNAP Snap Inc. | $10.9B | — (loss-making) | — (loss-making) | +18.89% (above 0%: growing) | n/m | +406.61% (above 0%: growing) | 58.23% | (10.68%) | Compare |
| MTCH Match Group Inc. | $10.1B | 14.3× | 13.0× | −1.23% (below 0%: shrinking) | +43.14% (above 0%: growing) | +52.63% (above 0%: growing) | 76.06% | 28.77% | Compare |
| Z Zillow Group, Inc. | $7.1B | 140× | 139× | +17.86% (above 0%: growing) | n/m | −179.07% (below 0%: shrinking) | 72.80% | (1.30%) | Compare |
| ZG Zillow Group, Inc. | $7.1B | 144× | 43.4× | +17.86% (above 0%: growing) | n/m | −179.07% (below 0%: shrinking) | 72.80% | (1.30%) | Compare |
| BZ KANZHUN LIMITED Sponsored ADR | $6.5B | 11.5× | 11.7× | +20.45% (above 0%: growing) | +186.36% (above 0%: growing) | −2.17% (below 0%: shrinking) | 86.97% | 35.99% | Compare |
| TME Tencent Music Entertainment Group Sponsored ADR | $5.5B | 10.4× | 10.4× | +11.80% (above 0%: growing) | +4.55% (above 0%: growing) | +83.69% (above 0%: growing) | 44.19% | 29.69% | Compare |
| Median of peers | $8.6B | 24.2× | 17.5× | +17.86% | +43.14% | +25.23% | 72.80% | 19.22% |
Pinterest, Inc. (PINS) key facts
- Strength: Pinterest, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $4.2 billion, up 15.8% from fiscal 2024.
- Pinterest, Inc. (PINS) is an Internet Content & Information company in the Communication Services sector, listed on the New York Stock Exchange.
- As of October 16, 2026, PINS traded at $21.91, a market capitalization of $12.9 billion.
- Return on equity was 8.78% and debt-to-equity 0.34.
- Its Piotroski F-score is 6 out of 9 and its Altman Z-score is 15.70 (safe zone) for fiscal 2025.