Pinterest Q1 revenue $740M (+23% YoY), record 518M MAUs, net loss narrows to $25M

PINTEREST, INC.

2024-Q1 EPS reported -$0.04 revenue$739,983,000

Revenue $740M (+23% YoY); global MAUs hit record 518M (+12% YoY).
GAAP net loss $25M (improved from $209M a year ago); adjusted EBITDA $113M (15% margin).
Non-GAAP net income $139.5M, up 142% YoY.
CEO Bill Ready cites fastest user and revenue growth since 2021; driven by AI and shoppability.

item 2.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.85

PINTEREST, INC. reported the quarter ended March 31, 2024 results: revenue $740 million, net income $25 million.

Period: the quarter ended March 31, 2024
Revenue: $740 million
Net income: $25 million
Result: reported results

Exact text from the filing

a filing. --- EX-99.1 (EX-99.1) --- Pinterest Announces First Quarter 2024 Results, Reports 23% Revenue Growth and More Than Half A Billion Monthly Active Users Q1 Revenue of $740 million, an increase of 23%, nearly doubling growth rate from prior quarter Record 518 million global monthly active users, an increase of 12% SAN FRANCISCO, Calif. - April 30, 2024 -

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PINTEREST, INC. filing history →

Source: SEC EDGAR

accession 0001506293-24-000077

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