Pinterest Q2 revenue $1.18B (+18% YoY), record 640M MAUs, GAAP net loss $47M

PINTEREST, INC.

Revenue $1,179.7M, up 18% YoY (17% constant currency); GAAP net loss $46.7M vs. profit $38.8M year ago.
Global MAUs hit record 640M, up 11% YoY; 11th consecutive quarter of double-digit user growth.
Adjusted EBITDA $311.3M (26% margin), up 24% YoY; free cash flow $269.9M, up 37%.
Year-to-date share repurchases over $2B at average price $18.17 per share.
CEO cites AI as accelerant, improving personalization and advertiser performance.

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