PINTEREST INC
For the period ended Dec 31, 2023. Filed Feb 8, 2024.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2023 · Filed Feb 8, 2024
PINS$19.06+0.5%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated balance sheets
Part II
Consolidated balance sheets
(In thousands, except par value)
| December 31, | ||
|---|---|---|
| 2023 | 2022 | |
| ASSETS | ||
| Current assets: | ||
| Cash and cash equivalents | $1,361,936 | $1,611,063 |
| Marketable securities | 1,149,148 | 1,087,164 |
| Accounts receivable, net of allowances of $10,635 and $12,672 as of December 31, 2023 and 2022, respectively | 763,159 | 681,532 |
| Prepaid expenses and other current assets | 64,316 | 74,918 |
| Total current assets | 3,338,559 | 3,454,677 |
| Property and equipment, net | 32,225 | 59,575 |
| Operating lease right-of-use assets | 92,119 | 206,253 |
| Goodwill and intangible assets, net | 117,462 | 124,822 |
| Other assets | 14,040 | 17,403 |
| Total assets | $3,594,405 | $3,862,730 |
| LIABILITIES AND STOCKHOLDERS’ EQUITY | ||
| Current liabilities: | ||
| Accounts payable | $79,058 | $87,920 |
| Accrued expenses and other current liabilities | 238,032 | 292,611 |
| Total current liabilities | 317,090 | 380,531 |
| Operating lease liabilities | 160,616 | 178,694 |
| Other liabilities | 26,019 | 21,851 |
| Total liabilities | 503,725 | 581,076 |
| Commitments and contingencies | ||
| Stockholders’ equity: | ||
| Class A common stock, $0.00001 par value, 6,666,667 shares authorized, 591,663 and 593,918 shares issued and outstanding as of December 31, 2023 and 2022, respectively; Class B common stock, $0.00001 par value, 1,333,333 shares authorized, 86,355 and 89,284 shares issued and outstanding as of December 31, 2023 and 2022, respectively | 7 | 7 |
| Additional paid-in capital | 5,241,954 | 5,407,724 |
| Accumulated other comprehensive loss | (1,013) | (11,419) |
| Accumulated deficit | (2,150,268) | (2,114,658) |
| Total stockholders’ equity | 3,090,680 | 3,281,654 |
| Total liabilities and stockholders’ equity | $3,594,405 | $3,862,730 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.