Pinterest Q3 revenue $763M (+11% YoY); MAUs hit record 482M; GAAP net income swings to $7M profit

PINTEREST, INC.

2023-Q3 EPS reported -$0.35 revenue$2,073,809,000

Revenue grew 11% YoY to $763 million; Global MAUs rose 8% to 482 million (record high).
GAAP net income $7M vs loss of $65M in prior year; non-GAAP net income $193M vs $76.5M.
Adjusted EBITDA $185M (24% margin) compared to $77M (11% margin) last year.
CEO Bill Ready highlighted strong revenue performance, robust MAU growth, and substantial margin expansion.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

PINTEREST, INC. reported quarter ended September 30, 2023 results: revenue $763 million, net income $7 million.

Period: quarter ended September 30, 2023
Revenue: $763 million
Net income: $7 million
Result: reported results

Exact text from the filing

Pinterest Announces Third Quarter 2023 Results, Delivers Strong Revenue Growth and Continued Margin Expansion Q3 Revenue of $763 million

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PINTEREST, INC. filing history →

Source: SEC EDGAR

accession 0001506293-23-000219

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