---
schema_version: "secwatch.filing_event.v1"
accession: "0001506293-23-000021"
form_type: "8-K"
ticker: "PINS"
cik: "0001506293"
company_name: "PINTEREST, INC."
filed_at: "2023-02-06T23:59:59+00:00"
generated_at: "2026-06-20T00:01:09.471738+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Pinterest Q4 revenue $877M (+4% YoY); CFO Morgenfeld to depart July 2023; $500M buyback authorized

## Summary
- Q4 revenue $877M (+4% YoY); full-year 2022 revenue $2,803M (+9% YoY).
- Q4 GAAP net income $17M (down from $175M); full-year GAAP net loss $96M.
- Global MAUs 450M (+4% YoY); adjusted EBITDA $196M in Q4, $442M for full year.
- Board authorized $500M stock repurchase program over the next 12 months.
- CFO Todd Morgenfeld to transition by July 1, 2023; receives $400K cash and 384,615 RSU vesting.

## SEC filing metadata
- accession: 0001506293-23-000021
- form_type: 8-K
- ticker: PINS
- cik: 0001506293
- company_name: PINTEREST, INC.
- filed_at: 2023-02-06T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1506293/000150629323000021/0001506293-23-000021-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1506293/000150629323000021/pins-20230201.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001506293-23-000021
- JSON: https://secwatch.observer/filing/0001506293-23-000021.json
- Plain text: https://secwatch.observer/filing/0001506293-23-000021.txt

## Key facts
- Earnings Releases
  PINTEREST, INC. reported the year ended December 31, 2022 results: revenue $2,803 million, net income ($96 million).
  - Period: the year ended December 31, 2022
  - Revenue: $2,803 million
  - Net income: ($96 million)
  - Result: reported results
  source text: 2022 revenue increased 9% year over year to $2,803 million . • Global Monthly Active Users (MAUs) increased 4% year over year to 450 million. • GAAP net income was $17 million for Q4. GAAP net loss was $96 million for 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1506293/000150629323000021/0001506293-23-000021-index.htm
- Earnings Releases
  PINTEREST, INC. reported the quarter ended December 31, 2022 results: revenue $877 million, net income $17 million.
  - Period: the quarter ended December 31, 2022
  - Revenue: $877 million
  - Net income: $17 million
  - Result: reported results
  source text: • Q4 revenue grew 4% year over year to $877 million. 2022 revenue increased 9% year over year to $2,803 million . • Global Monthly Active Users (MAUs) increased 4% year over year to 450 million. • GAAP net income was $17 million for Q4. GAAP net loss was $96 million for 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1506293/000150629323000021/0001506293-23-000021-index.htm
- Executive change
  Todd Morgenfeld changed role as Chief Financial Officer at PINTEREST, INC..
  - Action: transition
  - Role: Chief Financial Officer
  source text: On February 1, 2023, the Company and Todd Morgenfeld, the Company’s Chief Financial Officer, Head of Business Operations and Principal Financial Officer, determined that Mr. Morgenfeld would transition from the Company to pursue new career opportunities, effective as of July 1, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1506293/000150629323000021/0001506293-23-000021-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.