Pinterest Q4 revenue rises driven by increased user engagement and platform innovations

Pinterest

12/02/2026 21:15

Overview

Social media platform's Q4 revenue rose 14% yr/yr, slightly missing analyst expectations

Company achieved record 619 mln global monthly active users, up 12% yr/yr

Adjusted EBITDA for Q4 was ~$542 mln, missing analyst estimates

Company is focused on transforming sales and go-to-market efforts to enhance monetization reflecting commercial intent on Pinterest

Outlook

Pinterest expects Q1 2026 revenue between $951 mln and $971 mln

Company anticipates Q1 2026 Adjusted EBITDA between $166 mln and $186 mln

Pinterest sees foreign exchange tailwind of 3 points for Q1 2026

Result Drivers

USER GROWTH - Pinterest reported a 12% increase in global monthly active users, reaching 619 million, attributed to strong engagement and innovations in visual search using AI

REVENUE GROWTH - Q4 revenue grew 14% to $1.319 billion, driven by increased user engagement and platform innovations

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
Slight Miss*
$1.32 bln
$1.33 bln (30 Analysts)
Q4 Adjusted Net Income
Miss
$450.52 mln
$481.02 mln (14 Analysts)
Q4 Net Income
$277.07 mln
Q4 Adjusted EBITDA
Miss
$541.50 mln
$547.56 mln (29 Analysts)

*Applies to a deviation of less than 1%; not applicable for per-share numbers.

Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 29 "strong buy" or "buy", 10 "hold" and 1 "sell" or "strong sell"

The average consensus recommendation for the online services peer group is "buy"

Wall Street's median 12-month price target for Pinterest Inc is $35.00, about 83.3% above its February 11 closing price of $19.09

The stock recently traded at 10 times the next 12-month earnings vs. a P/E of 16 three months ago

Press Release: ID:nBw49wMnFa

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)