Valuation
Valuation
Balance Sheet
Debt
Dividend
Profitability
Income
Investment
Visu uses AI to transform SEC filings and press releases into accurate summaries of earnings and key company events.
Pinterest Stockholders Approve Key Proposals at Annual Meeting
On May 21, 2026, Pinterest held its annual meeting where stockholders voted on several key proposals. The proposals included the election of four Class I director nominees to the Board of Directors until the 2029 annual meeting, approval of the compensation for named executive officers on a non-binding advisory basis, and the frequency of future advisory votes on executive compensation, which will now occur annually. Additionally, stockholders ratified the selection of Ernst & Young LLP as the independent registered public accounting firm for fiscal year 2026.
All director nominees were elected successfully, and the advisory votes on executive compensation received majority approval. The decision to hold annual advisory votes reflects stockholder preferences, while the appointment of Ernst & Young LLP as the auditing firm indicates continued confidence in their services for the upcoming fiscal year. These outcomes may influence investor perceptions and decisions regarding Pinterest's governance and financial oversight.
linkMay 22, 2026 18:41:06
Pinterest Reports Q1 2026 Revenue Growth and User Increase
Pinterest, Inc. announced its financial results for the first quarter of 2026, reporting revenue of $1,008 million, which reflects an 18% increase year-over-year. The company also noted a significant rise in global monthly active users, reaching 631 million, a growth of 11% compared to the same period last year. Despite the revenue growth, Pinterest recorded a GAAP net loss of $74 million and achieved an Adjusted EBITDA of $207 million. The company generated $328 million in net cash from operating activities and $312 million in free cash flow during the quarter.
In addition to the financial results, Pinterest completed a previously announced $2 billion share repurchase program. The company has appointed Julia Brau Donnelly as the new principal accounting officer following the resignation of Andrea Acosta. For the second quarter of 2026, Pinterest expects revenue to be between $1,133 million and $1,153 million, indicating a projected growth of 14% to 16% year-over-year. The anticipated Adjusted EBITDA for the same period is expected to range from $256 million to $276 million.
linkMay 04, 2026 16:08:23
Pinterest Issues $1 Billion in Convertible Senior Notes
Pinterest, Inc. has entered into an investment agreement with Elliott Associates, L.P. and Elliott International, L.P. for the issuance of $1 billion in 1.75% Convertible Senior Notes due 2031. The Notes were issued on March 5, 2026, and will bear interest payable semi-annually, beginning September 1, 2026. The initial conversion rate is set at approximately 44.0063 shares per $1,000 principal amount of Notes, translating to a conversion price of about $22.72 per share. The Notes may be converted under specific conditions, including stock price thresholds and corporate events, and are redeemable by the company under certain circumstances starting March 5, 2029.
The issuance of these Notes qualifies for an exemption from registration under the Securities Act of 1933. In the event of a change of control or failure of the company's stock to remain listed on designated exchanges, holders may require the company to repurchase the Notes at their principal amount plus accrued interest. The indenture associated with the Notes includes standard covenants and events of default that could accelerate their maturity.
linkMar 05, 2026 09:18:48
Pinterest Secures $1 Billion Investment and Announces Share Repurchase
Pinterest, Inc. has entered into an investment agreement with Elliott Associates and Elliott International for the issuance of $1 billion in 1.75% Convertible Senior Notes due 2031. The closing of this transaction is anticipated around March 5, 2026, and the notes will bear interest payable semi-annually, with a conversion rate tied to the company's Class A common stock. Additionally, the investment agreement includes governance rights, allowing Elliott to maintain a board presence and certain voting commitments.
On the same day, Pinterest announced a new $3.5 billion share repurchase program, which includes a $1 billion accelerated share repurchase (ASR) agreement with Goldman Sachs. The ASR will allow Pinterest to repurchase shares based on the stock's closing price, with the final number of shares determined by average trading prices. The company has already completed $473 million in repurchases year-to-date under a previous program and aims to further repurchase an additional $500 million in shares, bringing total expected repurchases for the first half of 2026 to approximately $2 billion.
linkMar 03, 2026 07:59:43
Pinterest Completes Acquisition of tvScientific, Updates Revenue Guidance
Pinterest, Inc. has finalized its acquisition of tvScientific, Inc. on February 17, 2026. Following this acquisition, the company has updated its revenue guidance for the first quarter of 2026 to a range of $958 million to $978 million, along with an Adjusted EBITDA estimate of $163 million to $183 million, reflecting the expected contributions from tvScientific.
The company has noted that it cannot provide a GAAP reconciliation for its forward-looking Adjusted EBITDA due to uncertainties regarding reconciling items. Investors are advised that changes in these reconciling items could significantly impact future GAAP results. Additionally, the company has outlined various risks and uncertainties that could affect its financial performance, including economic conditions, competition, and operational challenges.
linkFeb 18, 2026 07:16:30
Pinterest Reports 14% Revenue Growth and Record User Engagement
Pinterest, Inc. announced its financial results for the fourth quarter and full year of 2025, reporting revenue of $1,319 million for Q4 and $4,222 million for the year, marking increases of 14% and 16% year-over-year, respectively. The company also achieved a record 619 million global monthly active users, a 12% increase from the previous year. GAAP net income stood at $277 million for Q4 and $417 million for the full year, with adjusted EBITDA of $542 million for Q4 and $1,270 million for the year.
For Q1 2026, Pinterest expects revenue to range between $951 million and $971 million, indicating a year-over-year growth of 11% to 14%. The company anticipates adjusted EBITDA for the quarter to be between $166 million and $186 million. The results and guidance reflect positive trends in user engagement and financial performance, positioning Pinterest for continued growth in the upcoming quarter.
linkFeb 12, 2026 16:07:53
Pinterest Appoints Kecia Steelman to Board of Directors
Pinterest, Inc. has appointed Kecia Steelman, the President and CEO of Ulta Beauty, to its Board of Directors as a Class II director, effective February 16, 2026. Steelman is recognized as an independent director under applicable regulations and will also serve on the Talent Development and Compensation Committee. She will receive compensation in line with other non-employee directors as per the company's compensation policy, and there are no disclosed arrangements regarding her appointment.
Steelman brings over 30 years of experience in retail, having held various leadership positions at Ulta Beauty, Family Dollar Stores, Home Depot, and Target Corporation. Her expertise in leading large-scale businesses and enhancing consumer-brand connections is expected to contribute to Pinterest's growth, particularly as it aims to strengthen its position as a visual discovery and AI-powered shopping platform. The announcement was made via a press release on February 9, 2026.
linkFeb 09, 2026 16:53:09
Pinterest Announces Workforce Reduction and Restructuring Plan Details
Pinterest has approved a global restructuring plan that will reduce its workforce by less than 15% and cut office space. The company expects to incur pre-tax restructuring charges between $35 million and $45 million, primarily in cash-related expenses, which will be excluded from its non-GAAP financial measures, including Adjusted EBITDA.
The restructuring is part of the company’s efforts to support transformation initiatives focused on AI development and sales strategy. While staffing levels will decrease in the short term, Pinterest plans to reinvest in key development areas and strategic opportunities. The restructuring plan is expected to be completed by the end of the third quarter of 2026, subject to local laws and consultation requirements.
linkJan 27, 2026 07:28:46
Pinterest Appoints New Chief Business Officer Effective January 2026
Pinterest has appointed Claude (Lee) Brown as its Chief Business Officer, effective January 20, 2026. In this role, Mr. Brown will be responsible for overseeing the company's global sales, content, customer-facing operations, and advertising product marketing.
Mr. Brown brings extensive experience to the position, having previously served as Chief Revenue Officer at DoorDash, Inc., where he managed all revenue-generating functions. His past roles include Vice President, Global Head of Advertising at Spotify Technology S.A., Chief Revenue Officer at BuzzFeed, Inc., and senior leadership positions at Tumblr Inc., Groupon, Inc., and Yahoo! Inc.
linkJan 20, 2026 08:00:01
Pinterest Reports 17% Revenue Growth and Record User Engagement
Pinterest, Inc. reported its financial results for the third quarter of 2025, achieving revenue of $1,049 million, which marks a 17% increase year-over-year. The company also noted a 12% rise in global monthly active users, reaching an all-time high of 600 million. The GAAP net income for the quarter was $92 million, and adjusted EBITDA totaled $306 million, with net cash provided by operating activities amounting to $322 million and free cash flow at $318 million.
For the fourth quarter of 2025, Pinterest anticipates revenue between $1,313 million and $1,338 million, indicating a projected growth of 14% to 16% year-over-year. The company expects adjusted EBITDA for Q4 to range from $533 million to $558 million. Additional details regarding these results and future outlook will be discussed during a conference call scheduled for the same day as the announcement.
linkNov 04, 2025 16:09:30