PINS financial statements
The full income statement, balance sheet, and cash-flow statement for Pinterest Inc. (PINS), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.
Shares outstanding (point-in-time)
SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.
| Line item | Trend | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Income Statement | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Revenue | 4.22B+15.8% | 3.65B+19.3% | 3.06B+9.0% | 2.80B+8.7% | 2.58B+52.3% | |
| Cost of revenue | 842M+12.1% | 750M+8.9% | 689M+1.5% | 679M+28.2% | 529M+17.8% | |
| Research & development | 1.43B+15.1% | 1.24B+16.1% | 1.07B+12.6% | 949M+21.6% | 780M+28.7% | |
| Selling, general & administrative | 466M+0.6% | 464M-9.5% | 512M+49.2% | 344M+14.1% | 301M-10.6% | |
| General & administrative | 466M+0.6% | 464M-9.5% | 512M+49.2% | 344M+14.1% | 301M-10.6% | |
| Selling & marketing | 1.17B+15.3% | 1.01B+11.0% | 911M-2.4% | 933M+45.5% | 641M+44.8% | |
| Restructuring | — | — | 127M | — | — | |
| Amortization of intangibles | 5.80M-21.6% | 7.40M+0.0% | 7.40M-70.3% | 24.9M+1815.4% | 1.30M+30.0% | |
| Operating income | 320M+77.9% | 180M+243.1% | -126M-23.6% | -102M-131.2% | 326M+328.9% | |
| Interest & investment income | — | — | — | 30.9M+636.0% | 4.20M-73.9% | |
| Other non-operating income | 15.5M+180.7% | -19.2M-605.8% | 3.80M+126.2% | -14.5M-74.9% | -8.29M | |
| Pre-tax income | 446M+55.0% | 288M+1849.4% | -16.4M+80.9% | -85.9M-126.8% | 321M+352.7% | |
| Income tax | 29.0M+101.8% | -1.57B-8313.4% | 19.2M+89.7% | 10.1M+122.9% | 4.53M+247.9% | |
| Net income | 417M-77.6% | 1.86B+5329.2% | -35.6M+62.9% | -96.0M-130.4% | 316M+346.6% | |
| $0.61-77.2% | $2.67+5440.0% | -$0.05+64.3% | -$0.14-130.4% | $0.46+309.1% | ||
| EPS (basic) | $0.62-77.4% | $2.74+5580.0% | -$0.05+64.3% | -$0.14-128.6% | $0.49+322.7% | |
| Weighted-avg shares (basic) | 675M-0.6% | 679M+0.6% | 675M+1.3% | 666M+4.0% | 640M+7.3% | |
| Weighted-avg shares (diluted) | 688M-1.5% | 698M+3.5% | 675M+1.3% | 666M-3.7% | 692M+16.0% | |
| Balance Sheet | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 3.56B+2.0% | 3.48B+4.4% | 3.34B-3.4% | 3.45B+8.6% | 3.18B+35.0% | ||
| Cash & equivalents | 969M-14.7% | 1.14B-16.6% | 1.36B-15.5% | 1.61B+13.5% | 1.42B+112.1% | |
| Accounts receivable | 998M+11.7% | 893M+17.1% | 763M+12.0% | 682M+4.3% | 653M+15.9% | |
| Prepaid expenses | 90.7M+15.7% | 78.4M+22.0% | 64.3M-14.2% | 74.9M+55.8% | 48.1M+43.5% | |
| 5.49B+2.8% | 5.34B+48.6% | 3.59B-6.9% | 3.86B+9.2% | 3.54B+35.6% | ||
| Property, plant & equipment | 66.5M+45.6% | 45.6M+41.6% | 32.2M-45.9% | 59.6M+11.6% | 53.4M-23.0% | |
| Operating lease right-of-use | 150M+75.2% | 85.9M-6.8% | 92.1M-55.3% | 206M-9.5% | 228M+46.2% | |
| Goodwill | 100M | — | — | 100M+149.3% | 40.2M+482.3% | |
| Intangible assets | 6.08M-38.4% | 9.88M-42.7% | 17.2M-29.9% | 24.6M+17.6% | 20.9M+214.1% | |
| Deferred tax assets | 1.59B-0.6% | 1.60B-47.7% | 3.07B | — | — | |
| Other non-current assets | 21.1M+52.5% | 13.8M+25.9% | 11.0M-36.9% | 17.4M+31.4% | 13.2M+1.4% | |
| 465M+16.9% | 398M+25.6% | 317M-16.7% | 381M+46.5% | 260M+26.8% | ||
| Accounts payable | 130M+54.5% | 84.0M+6.3% | 79.1M-10.1% | 87.9M+397.4% | 17.7M-64.3% | |
| Accrued liabilities | 336M+6.9% | 314M+32.0% | 238M-18.7% | 293M+20.8% | 242M+55.9% | |
| Deferred revenue | 47.5M+103.0% | 23.4M+53.0% | 15.3M | — | — | |
| Current lease liability | 41.4M+20.4% | 34.4M-3.5% | 35.7M-29.1% | 50.3M+20.6% | 41.7M-4.4% | |
| 747M+26.3% | 592M+17.4% | 504M-13.3% | 581M+16.6% | 498M+35.8% | ||
| Non-current lease liability | 221M+45.7% | 151M-5.8% | 161M-10.1% | 179M-14.6% | 209M+50.1% | |
| Operating lease liability (total) | 262M+41.0% | 186M-5.3% | 196M-14.3% | 229M-8.7% | 251M+37.1% | |
| Other non-current liabilities | 60.8M+44.8% | 42.0M+61.5% | 26.0M+19.1% | 21.9M-25.9% | 29.5M+28.7% | |
| 4.75B-0.1% | 4.75B+53.7% | 3.09B-5.8% | 3.28B+8.0% | 3.04B+35.5% | ||
| Common stock | 7.00K+0.0% | 7.00K+0.0% | 7.00K+0.0% | 7.00K+0.0% | 7.00K+16.7% | |
| Additional paid-in capital | 4.61B-8.5% | 5.04B-3.9% | 5.24B-3.1% | 5.41B+6.9% | 5.06B+10.6% | |
| Retained earnings | 129M+144.7% | -288M+86.6% | -2.15B-1.7% | -2.11B-4.8% | -2.02B+13.6% | |
| Accumulated other comprehensive income | 4.33M+3433.1% | -130K+87.2% | -1.01M+91.1% | -11.4M-423.6% | -2.18M-187.9% | |
| Total liabilities & equity | 5.49B+2.8% | 5.34B+48.6% | 3.59B-6.9% | 3.86B+9.2% | 3.54B+35.6% | |
| Cash Flow | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 1.28B+33.1% | 965M+57.4% | 613M+30.6% | 469M-37.7% | 753M+2511.9% | ||
| Depreciation & amortization | 25.2M+18.3% | 21.3M-1.1% | 21.5M-53.7% | 46.5M+69.1% | 27.5M-25.7% | |
| Intangible amortization | 5.80M-21.6% | 7.40M+0.0% | 7.40M-70.3% | 24.9M+1815.4% | 1.30M+30.0% | |
| Share-based compensation | 880M+15.0% | 766M+18.2% | 648M+30.3% | 497M+19.7% | 415M+29.4% | |
| Deferred income taxes | 10.5M+100.7% | -1.60B-86974.8% | -1.84M+45.0% | -3.34M-360.0% | -727K-236.4% | |
| Change in receivables | 104M-19.0% | 129M+59.6% | 80.8M+179.9% | 28.9M-67.5% | 88.9M-64.9% | |
| Change in payables | 42.9M+1020.7% | 3.83M+141.3% | -9.26M-113.1% | 70.8M+311.6% | -33.5M-312.8% | |
| -134M+39.2% | -221M-497.5% | -37.0M+71.2% | -128M-396.0% | -25.9M+45.7% | ||
| Capital expenditure | 32.4M+31.6% | 24.6M+205.2% | 8.06M-72.2% | 29.0M+220.9% | 9.03M-48.1% | |
| Free cash flow | 1.25B+33.2% | 940M+55.4% | 605M+37.4% | 440M-40.8% | 744M+6410.9% | |
| Acquisitions | 0.00 | 0.00 | 0.00-100.0% | 86.1M+133.1% | 36.9M | |
| Sales/maturities of investments | 1.43B+11.0% | 1.29B+3.9% | 1.24B+23.4% | 1.01B+18.6% | 850M-7.7% | |
| Other investing activities | — | — | — | 0.00 | 0.00+100.0% | |
| -1.32B-36.1% | -968M-17.1% | -827M-455.1% | -149M-772.0% | 22.2M+12.9% | ||
| Long-term debt issued | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Long-term debt repaid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock issued | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock repurchased | 927M+54.5% | 600M+20.0% | 500M | 0.00 | 0.00 | |
| Dividends paid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Other financing activities | — | — | 0.00 | 0.00+100.0% | -1.75M+0.0% | |
| FX effect on cash | 2.30M+189.6% | -2.57M-254.1% | 1.67M+216.2% | -1.43M-35.5% | -1.06M-423.5% | |
| Net change in cash | -166M+27.0% | -227M+8.8% | -249M-230.7% | 191M-74.5% | 748M+63954.2% | |
| Income taxes paid | 22.4M-10.6% | 25.0M+30.5% | 19.2M+91.6% | 10.0M+569.9% | 1.49M | |
| Valuation Ratios | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Market cap | 17.2B-12.4% | 19.7B-21.3% | 25.0B+51.7% | 16.5B-31.2% | 23.9B-42.2% | |
| P/E | 41.3×+291.1% | 10.6× | — | 269.2×+256.1% | 75.6× | |
| P/S | 4.1×-24.4% | 5.4×-36.3% | 8.5×+42.5% | 5.9×-36.0% | 9.3×-62.1% | |
| P/B | 3.6×-12.3% | 4.1×-53.5% | 8.9×+69.9% | 5.2×-33.5% | 7.9×-57.4% | |
| P/FCF | 13.8×-34.3% | 20.9×-65.8% | 61.2×+119.7% | 27.9×-13.4% | 32.2×-99.1% | |
| Earnings yield | 2.4%-74.4% | 9.5% | — | 0.37%-71.9% | 1.3% | |
| FCF yield | 7.3%+52.1% | 4.8%+192.5% | 1.6%-54.5% | 3.6%+15.4% | 3.1%+11172.5% | |
| Source filing | 10-K | 10-K | 10-K | 10-K | 10-K |
About this data
Source: PINS’s SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn’t file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all PINS filings on SEC EDGAR → Not investment advice.
