PINSNYSEServices-Computer Programming, Data Processing, Etc.Fiscal year ends December 31
PINTEREST, INC.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 4, 2026
$22.34+0.43 (+1.96%)
Close on Oct 19, 2026
- Market cap
- $12.58B
- P/E (TTM)
- 65.7
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2016 to 2025
Gross margin
80.1%+6.6 pts over 5 years
Operating margin
7.6%+16.0 pts over 5 years
Net margin
9.9%+17.5 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +15.8% | +14.6% | +20.1% | – | |
| Gross profit | +16.7% | +16.8% | +22.1% | – | |
| Operating income | +77.9% | – | – | – | |
| Net income | -77.6% | – | – | – | |
| EPS, diluted | -77.2% | – | – | – | |
| Free cash flow | +33.2% | +41.7% | +155.8% | – |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | – | -6.0% | 8.8% | |
| Return on assets | – | -5.1% | 7.7% | |
| Current ratio | – | 11.51 | 7.64 | |
| Capex to revenue | – | 1.0% | 0.8% | |
| Diluted shares | – | 596M | 688M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Pinterest generated $4.08B from operations and spent $2.13B on capital expenditure, dividends and share buybacks. 5% of that went back into the business.
Generated
$4.08B
Used
$2.13B
Capital expenditure$103.06M5%Dividends$00%Share buybacks$2.03B95%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin9.9%
×Asset turnover0.78×
×Equity multiplier1.14×
=Return on equity, FY20258.8%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | 9.9% | 0.78× | 1.14× | 8.8% |
| FY2024 | 51.1% | 0.82× | 1.14× | 47.5% |
| FY2023 | -1.2% | 0.82× | 1.17× | -1.1% |
| FY2022 | -3.4% | 0.76× | 1.17× | -3.0% |
| FY2021 | 12.3% | 0.84× | 1.16× | 12.0% |
| FY2020 | -7.6% | 0.68× | 1.17× | -6.0% |
| FY2019 | -119.1% | 0.64× | 2.48× | -190.5% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
5of 8 tests passed in fiscal 2025. Some tests lack the figures they need.
- ProfitableNet income above zero$416.86M
- Cash generatingOperating cash flow above zero$1.28B
- Return on assets improvedROA up on the prior year51.8% → 7.8%
- Earnings backed by cashOperating cash flow above net income$1.28B vs $416.86M
- Less leverageLong-term debt to assets fell– → –
- Better liquidityCurrent ratio rose8.75 → 7.64
- No dilutionShare count did not rise698M → 688M
- Gross margin improvedGross margin up on the prior year79.42% → 80.07%
- More efficientAsset turnover rose1.01 → 0.79