
Pinterest Inc
NYSE:PINS

Income Statement
Earnings Waterfall
Pinterest Inc
Revenue
|
3.6B
USD
|
Cost of Revenue
|
-750.4m
USD
|
Gross Profit
|
2.9B
USD
|
Operating Expenses
|
-2.7B
USD
|
Operating Income
|
179.8m
USD
|
Other Expenses
|
1.7B
USD
|
Net Income
|
1.9B
USD
|
Income Statement
Pinterest Inc
Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||
Revenue |
473
N/A
|
522
+10%
|
582
+12%
|
656
+13%
|
756
+15%
|
827
+9%
|
927
+12%
|
1 016
+10%
|
1 143
+12%
|
1 213
+6%
|
1 224
+1%
|
1 387
+13%
|
1 693
+22%
|
1 906
+13%
|
2 247
+18%
|
2 437
+8%
|
2 578
+6%
|
2 668
+3%
|
2 720
+2%
|
2 772
+2%
|
2 803
+1%
|
2 830
+1%
|
2 872
+1%
|
2 951
+3%
|
3 055
+4%
|
3 192
+4%
|
3 338
+5%
|
3 473
+4%
|
3 646
+5%
|
|
Gross Profit | ||||||||||||||||||||||||||||||
Cost of Revenue |
(179)
|
(179)
|
(201)
|
(222)
|
(242)
|
(264)
|
(311)
|
(331)
|
(359)
|
(384)
|
(387)
|
(417)
|
(449)
|
(484)
|
(503)
|
(517)
|
(529)
|
(542)
|
(579)
|
(635)
|
(679)
|
(703)
|
(707)
|
(696)
|
(689)
|
(699)
|
(715)
|
(731)
|
(750)
|
|
Gross Profit |
294
N/A
|
343
+17%
|
381
+11%
|
434
+14%
|
514
+18%
|
563
+9%
|
615
+9%
|
685
+11%
|
784
+14%
|
828
+6%
|
837
+1%
|
970
+16%
|
1 243
+28%
|
1 422
+14%
|
1 744
+23%
|
1 920
+10%
|
2 049
+7%
|
2 126
+4%
|
2 141
+1%
|
2 137
0%
|
2 124
-1%
|
2 127
+0%
|
2 165
+2%
|
2 255
+4%
|
2 366
+5%
|
2 494
+5%
|
2 623
+5%
|
2 742
+5%
|
2 896
+6%
|
|
Operating Income | ||||||||||||||||||||||||||||||
Operating Expenses |
(432)
|
(473)
|
(514)
|
(551)
|
(589)
|
(627)
|
(1 806)
|
(1 987)
|
(2 173)
|
(2 319)
|
(1 264)
|
(1 272)
|
(1 296)
|
(1 442)
|
(1 587)
|
(1 568)
|
(1 723)
|
(1 780)
|
(1 902)
|
(2 065)
|
(2 215)
|
(2 336)
|
(2 408)
|
(2 572)
|
(2 365)
|
(2 430)
|
(2 508)
|
(2 627)
|
(2 716)
|
|
Selling, General & Administrative |
(224)
|
(253)
|
(284)
|
(312)
|
(337)
|
(363)
|
(801)
|
(878)
|
(966)
|
(1 038)
|
(649)
|
(664)
|
(690)
|
(720)
|
(820)
|
(865)
|
(942)
|
(976)
|
(1 046)
|
(1 141)
|
(1 266)
|
(1 320)
|
(1 357)
|
(1 373)
|
(1 301)
|
(1 343)
|
(1 382)
|
(1 440)
|
(1 475)
|
|
Research & Development |
(208)
|
(220)
|
(230)
|
(240)
|
(252)
|
(264)
|
(1 004)
|
(1 109)
|
(1 207)
|
(1 280)
|
(615)
|
(608)
|
(606)
|
(632)
|
(677)
|
(703)
|
(780)
|
(804)
|
(856)
|
(925)
|
(949)
|
(1 016)
|
(1 051)
|
(1 061)
|
(1 064)
|
(1 082)
|
(1 126)
|
(1 188)
|
(1 241)
|
|
Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(90)
|
(90)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(138)
|
0
|
(6)
|
0
|
0
|
0
|
|
Operating Income |
(138)
N/A
|
(130)
+6%
|
(133)
-2%
|
(117)
+12%
|
(75)
+36%
|
(65)
+14%
|
(1 190)
-1 745%
|
(1 302)
-9%
|
(1 389)
-7%
|
(1 490)
-7%
|
(428)
+71%
|
(301)
+30%
|
(53)
+82%
|
(19)
+64%
|
156
N/A
|
352
+125%
|
326
-7%
|
345
+6%
|
240
-31%
|
72
-70%
|
(91)
N/A
|
(209)
-131%
|
(242)
-16%
|
(316)
-30%
|
1
N/A
|
64
+5 185%
|
115
+81%
|
114
-1%
|
180
+57%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||
Interest Income Expense |
8
|
9
|
10
|
11
|
12
|
13
|
18
|
23
|
28
|
30
|
26
|
20
|
16
|
10
|
8
|
1
|
(5)
|
(6)
|
(13)
|
(10)
|
16
|
41
|
72
|
99
|
105
|
112
|
122
|
127
|
127
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(90)
|
(90)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(11)
|
(132)
|
(138)
|
0
|
(127)
|
0
|
0
|
0
|
0
|
|
Total Other Income |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
3
|
(2)
|
4
|
(1)
|
(8)
|
0
|
(19)
|
|
Pre-Tax Income |
(130)
N/A
|
(121)
+7%
|
(123)
-2%
|
(106)
+14%
|
(63)
+41%
|
(51)
+18%
|
(1 172)
-2 185%
|
(1 279)
-9%
|
(1 361)
-6%
|
(1 461)
-7%
|
(401)
+73%
|
(371)
+8%
|
(127)
+66%
|
(9)
+93%
|
164
N/A
|
353
+115%
|
321
-9%
|
340
+6%
|
227
-33%
|
62
-73%
|
(86)
N/A
|
(300)
-250%
|
(306)
-2%
|
(219)
+29%
|
(16)
+92%
|
174
N/A
|
229
+31%
|
242
+6%
|
288
+19%
|
|
Net Income | ||||||||||||||||||||||||||||||
Tax Provision |
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
0
|
(3)
|
(3)
|
(5)
|
(7)
|
(6)
|
(1)
|
(10)
|
1
|
15
|
(1)
|
(19)
|
(26)
|
(37)
|
(26)
|
1 575
|
|
Income from Continuing Operations |
(130)
|
(122)
|
(123)
|
(107)
|
(63)
|
(52)
|
(1 173)
|
(1 279)
|
(1 361)
|
(1 461)
|
(402)
|
(372)
|
(128)
|
(9)
|
161
|
350
|
316
|
333
|
220
|
61
|
(96)
|
(299)
|
(291)
|
(219)
|
(36)
|
148
|
192
|
216
|
1 862
|
|
Net Income (Common) |
(130)
N/A
|
(122)
+7%
|
(123)
-1%
|
(107)
+14%
|
(63)
+41%
|
(52)
+18%
|
(1 173)
-2 168%
|
(1 279)
-9%
|
(1 361)
-6%
|
(1 461)
-7%
|
(402)
+72%
|
(372)
+8%
|
(128)
+65%
|
(9)
+93%
|
161
N/A
|
350
+117%
|
316
-9%
|
333
+5%
|
220
-34%
|
61
-72%
|
(96)
N/A
|
(299)
-212%
|
(291)
+3%
|
(219)
+25%
|
(36)
+84%
|
148
N/A
|
192
+30%
|
216
+12%
|
1 862
+763%
|
|
EPS (Diluted) |
-0.25
N/A
|
-0.23
+8%
|
-0.23
N/A
|
-0.2
+13%
|
-0.12
+40%
|
-0.1
+17%
|
-2.17
-2 070%
|
-2.33
-7%
|
-2.39
-3%
|
-2.53
-6%
|
-0.68
+73%
|
-0.61
+10%
|
-0.22
+64%
|
-0.01
+95%
|
0.23
N/A
|
0.5
+117%
|
0.45
-10%
|
0.5
+11%
|
0.33
-34%
|
0.09
-73%
|
-0.14
N/A
|
-0.45
-221%
|
-0.43
+4%
|
-0.32
+26%
|
-0.05
+84%
|
0.22
N/A
|
0.28
+27%
|
0.27
-4%
|
2.38
+781%
|