Pinterest, Inc. (PINS) Earnings Call Transcripts

Pinterest, Inc.'s Latest Earnings Call - Q1 FY2026

In Q1 2026, Pinterest reported revenue of over $1 billion, marking an 18% year-over-year growth, which exceeded management's guidance. Adjusted EBITDA reached $207 million, also above expectations, reflecting strong user engagement and improvements in the ad platform. The company continues to focus on AI-driven enhancements to deepen user engagement and broaden its advertiser base, while maintaining a cautious outlook on monetization from large retailers.

Reported metrics

Guidance from management

For Q2 2026, Pinterest expects revenue between $1.133 billion and $1.153 billion, representing 14% to 16% growth year-over-year. Adjusted EBITDA is expected to range from $256 million to $276 million.

What management said

Thanks, Julia. I want to thank our teams at Pinterest, our advertising partners and all the people that come to Pinterest to find inspiration and take action. And with that, we can open up the call for questions.

One other thing I'd just add on user and engagement trends. I think it's just worth a quick reminder that Q2 is typically our seasonally softer period for quarter-to-quarter sequential user growth, particularly in Europe. We measure monthly active users on a 30-day look back from the last day of the quarter. So as we get into the summer months, users tend to travel and spend more time outside, so we often see a seaso...

What analysts pressed on

Analysts expressed concerns about the ongoing headwinds from large retailers impacting overall revenue growth. There were also questions regarding the effectiveness of the new go-to-market strategies and how quickly they could translate into improved performance across different advertiser segments.

Main topics on the call

• Revenue Growth — Pinterest achieved over $1 billion in revenue for the third consecutive quarter, growing 18% year-over-year. Julia Donnelly noted, "We delivered over $1 billion in revenue for the third consecutive quarter growing 18% ye...
• User Engagement — The platform saw 631 million monthly active users, an increase of 11% year-over-year. Bill Ready emphasized, "10 straight quarters of double-digit user growth are the direct result of multiyear investments in AI and impr...
• AI and Ad Platform Improvements — AI-driven enhancements have improved advertiser performance, with Pinterest Performance+ campaigns driving significant results. Ready stated, "Adopters of Pinterest Performance+ campaigns continue to see higher ROAS and ...
• Challenges with Large Retailers — Despite the overall growth, large retailers remained a headwind for revenue. Donnelly mentioned, "While these changes will take time to fully play out, we believe the progress we are making across the business... will le...

Read the full Pinterest, Inc. transcript (Q1 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 42 Pinterest, Inc. earnings call transcripts on record, spanning February 6, 2020 to August 4, 2026. Based on this history, Pinterest, Inc. reports quarterly. The most recent call on file is dated August 4, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

PINS

Exchange

NYSE

Country

US

Sector

Communication Services

Industry

Interactive Media and Services

Calls on record

42

First call

February 6, 2020

Most recent

August 4, 2026

Reporting cadence

quarterly