Pinterest Q2 Revenue Surges 18% to $1.18B, Q3 Guidance Tops Street; $2B Buyback Wraps Up
PINS sits 71% above its 52-week low of $13.84.
Summary
Pinterest reported Q2 revenue of $1.18B (+18% YoY), record 640M MAUs, and guided Q3 revenue and EBITDA above expectations. A $2B buyback was completed YTD.
Updates
· dpa-AFX — Shares fell 7.7% after hours to $23.60 following the Q2 loss.
· SEC 10-Q — The 10-Q shows $1B convertible notes issued and $1B buyback completed, with cash and marketable securities of $1.27B as of June 30, 2026.
Key Events · Earnings and Guidance · PINS
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Q2 Revenue +18% to $1.18B
Revenue grew 18% YoY to $1.18 billion, driven by 11% MAU growth to 640 million and 7% ARPU expansion to $1.86.
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GAAP Net Loss of $47M
Despite revenue growth, a $320M share-based compensation charge and $14M in restructuring costs resulted in a GAAP net loss of $47 million, compared to a $39 million profit a year ago.
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Adjusted EBITDA Beats at $311M
Adjusted EBITDA rose 24% to $311 million, with margin expanding to 26%, reflecting operating leverage on higher revenue.
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Q3 Guidance Above Consensus
Q3 revenue is expected between $1.19B and $1.21B (13-15% growth), with Adjusted EBITDA of $335M-$355M, both ahead of Street estimates.
Analysis · PINS · Technology
Pinterest delivered strong Q2 results with revenue up 18% to $1.18 billion and record 640 million monthly active users, but a surge in share-based compensation and restructuring costs pushed the bottom line to a $47 million GAAP loss. Adjusted EBITDA of $311 million beat expectations, and Q3 guidance of $1.19-$1.21 billion in revenue and $335-$355 million in Adjusted EBITDA came in above consensus. The company also completed over $2 billion in share repurchases year-to-date at an average price of $18.17, signaling confidence in its valuation. The combination of accelerating user growth, robust ad demand, and aggressive capital return makes this a thesis-affirming quarter despite the headline net loss.
How filings like this one have moved
In the 30 days to Oct 8, 2026, 36.4% of the 1080 measured filings Wiseek scored 8 moved their stock by 5% or more by the next session's close. The median move was -0.63%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, PINS was trading at $23.60 on NYSE in the Technology sector, with a market capitalization of approximately $14.3B. The 52-week trading range was $13.84 to $39.83. This filing was assessed with positive market sentiment and an importance score of 8 out of 10.