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Visual discovery platform where users save and share ideas, monetized mainly through shoppable advertising.
Visual discovery platform where users save and share ideas, monetized mainly through shoppable advertising.
Free to users; advertisers pay for promoted pins that appear in feeds and search results. The US and Canada produce most of the revenue even though most users live elsewhere, so growth depends on lifting ad income per user abroad. Partners, including Amazon, now supply some of the ads shown.
Moat: narrow (network effects, data, brand). High-intent, shopping-oriented user behavior gives advertisers a differentiated, if smaller, audience.
Headquarters: San Francisco, California, US · Founded: 2010 · Employees: 5,265
Size Pinterest (PINS) is a United States Communication Services company (Internet Software/Services) with a market value of $10.9B, the 742nd largest of 3,117 United States companies the cockpit tracks. Shares closed at $18.96 on 6 Nov 2026.
Performance Over six months the shares fell 10.9%, against -1.7% for the median peer and -1.1% for the United States market (cap-weighted) — 3rd lowest of 10 in its peer set.
Growth Revenue grew 15.4% over the last twelve months (peer median +12.2%); the operating margin is 5.6% (peer median 25.7%).
Valuation It trades at 8.8× forward earnings against a peer median of 14.5× (cheapest of 10).
Price implies For today's price to make sense, revenue must grow about 16% a year for seven years (Req g). Recent delivered growth is +20%, so the hurdle is -4 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 2.0 points below its cost of capital (9.3% WACC).
Short interest Short interest is 9.5% of the free float (15 Oct 2026).
Next results Next results expected around 11 Feb 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | $4.68B | $4.22B | $3.65B | $3.06B | $2.80B |
| Revenue growth | — | +16% | +19% | +9% | — |
| Gross profit | $3.70B | $3.38B | $2.90B | $2.37B | $2.13B |
| EBITDA | $296M | $345M | $201M | $22.7M | -$45.8M |
| Net income | $178M | $417M | $1.86B | -$35.6M | -$96.0M |
| Free cash flow | $1.26B | $1.25B | $940M | $605M | $440M |
| Capital expenditure | $65.6M | $32.4M | $24.6M | $8.06M | $29.0M |
| Total debt | $1.20B | $262M | $186M | $196M | $229M |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Pinterest PINS | $10.9B | -11% | +15% | 6% | 8.8× | 16.2% |
| Meta Platforms META | $1.56T | 0% | +28% | 33% | 19.0× | 16.6% |
| Snap SNAP | $8.39B | -18% | +13% | -5% | 32.3× | 2.7% |
| Alphabet Inc. (Class A) GOOGL | $3.47T | -29% | +22% | 33% | 20.5× | 18.5% |
| Reddit RDDT | $18.4B | -39% | +62% | 29% | 15.0× | 18.0% |
| Amazon AMZN | $2.80T | -5% | +15% | 13% | 26.3× | n/a |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | PINS | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -7.7% | +3.9% | 3rd lowest of 10 |
| 6-month return | -10.9% | -1.7% | 3rd lowest of 10 |
| Distance from 52-week high | -32.2% | -34.7% | 5th highest of 10 |
| Revenue growth (TTM) | +15.4% | +12.2% | 3rd highest of 10 |
| Operating margin | 5.6% | 25.7% | 2nd lowest of 10 |
| Forward P/E | 8.8× | 14.5× | cheapest of 10 |
| Growth the price implies (Req g, 7 yrs) | 16.2% | 2.2% | 3rd most demanding of 9 |
| Growth delivered (Del g) | +20.1% | +11.6% | 4th highest of 9 |
| Hurdle (Req g minus delivered) | -3.8 pp | -13.5 pp | 3rd most demanding of 9 |
| ROIC minus cost of capital | -2.0 pp | +18.5 pp | 4th lowest of 10 |
| EV / EBITDA | 35.8× | 10.2× | most expensive of 10 |
| Net debt / EBITDA | -0.9× | -1.3× | 4th most indebted of 10 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Pinterest PINS | United States | $10.9B | -11% | +15% | 6% | 8.8× | 16.2% | +20.1% |
| Match MTCH | United States | $8.88B | +6% | 0% | 30% | 13.6× | 1.8% | +7.8% |
| Nexon 3659.T | Japan | $13.8B | +10% | +15% | 26% | 22.4× | -9.1% | +10.1% |
| Tencent Music Entertainment 1698.HK | Hong Kong | $13.9B | -2% | +16% | 29% | 11.0× | 0.6% | +1.7% |
| Reddit RDDT | United States | $18.4B | -39% | +62% | 29% | 15.0× | 18.0% | +57.3% |
| Bidu-sw 9888.HK | Hong Kong | $26.4B | -43% | -1% | 7% | 14.5× | n/a | n/a |
| Liberty Media FWONA | United States | $27.3B | +18% | +12% | 12% | 51.0× | 29.0% | +31.4% |
| Cyber Agent 4751.T | Japan | $4.13B | +3% | +14% | 10% | 15.4× | -11.3% | +12.8% |
| CarGurus CARG | United States | $3.01B | -3% | +6% | 26% | 12.1× | 2.7% | +10.5% |
| China Ruyi 0136.HK | Hong Kong | $2.82B | -5% | -40% | -17% | 12.6× | 13.1% | +69.6% |