PINTEREST INC
For the period ended Jun 30, 2024. Filed Jul 30, 2024.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 30, 2024 · Filed Jul 30, 2024
PINS$18.95-0.6%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Stockholders' Equity
| Three Months Ended June 30, 2024 | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Class A and Class B Common Stock · Additional Paid-In Capital · Accumulated Other Comprehensive Loss · Accumulated Deficit · Stockholders’ Equity | |||||||||||
| Shares · Amount | |||||||||||
| Balance as of March 31, 2024 | 682,581 | $7 | $5,321,530 | $(2,615) | $(2,175,080) | $3,143,842 | |||||
| Release of restricted stock units and issuance of restricted stock awards, net | 3,816 | — | — | — | — | — | |||||
| Shares repurchased for tax withholdings on release of restricted stock units and restricted stock awards | — | — | (119,753) | — | — | (119,753) | |||||
| Issuance of common stock for cash upon exercise of stock options | 600 | — | 2,452 | — | — | 2,452 | |||||
| Repurchases of Class A common stock | (804) | — | (34,378) | — | — | (34,378) | |||||
| Share-based compensation | — | — | 196,433 | — | — | 196,433 | |||||
| Other comprehensive income | — | — | — | 570 | — | 570 | |||||
| Net income | — | — | — | — | 8,887 | 8,887 | |||||
| Balance as of June 30, 2024 | 686,193 | $7 | $5,366,284 | $(2,045) | $(2,166,193) | $3,198,053 | |||||
| Three Months Ended June 30, 2023 | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Class A and Class B Common Stock · Additional Paid-In Capital · Accumulated Other Comprehensive Loss · Accumulated Deficit · Stockholders’ Equity | |||||||||||
| Shares · Amount | |||||||||||
| Balance as of March 31, 2023 | 684,157 | $7 | $5,390,101 | $(7,132) | $(2,323,237) | $3,059,739 | |||||
| Release of restricted stock units and issuance of restricted stock awards, net | 3,480 | — | — | — | — | — | |||||
| Shares repurchased for tax withholdings on release of restricted stock units and restricted stock awards | — | — | (71,695) | — | — | (71,695) | |||||
| Issuance of common stock for cash upon exercise of stock options | 325 | — | 816 | — | — | 816 | |||||
| Repurchases of Class A common stock | (18,446) | — | (428,892) | — | — | (428,892) | |||||
| Share-based compensation | — | — | 169,630 | — | — | 169,630 | |||||
| Other comprehensive loss | — | — | — | (1,574) | — | (1,574) | |||||
| Net loss | — | — | — | — | (34,942) | (34,942) | |||||
| Balance as of June 30, 2023 | 669,516 | $7 | $5,059,960 | $(8,706) | $(2,358,179) | $2,693,082 | |||||
Condensed Consolidated Statements of Stockholders’ Equity
| Six Months Ended June 30, 2024 | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Class A and Class B Common Stock · Additional Paid-In Capital · Accumulated Other Comprehensive Loss · Accumulated Deficit · Stockholders’ Equity | |||||||||||
| Shares · Amount | |||||||||||
| Balance as of December 31, 2023 | 678,018 | $7 | $5,241,954 | $(1,013) | $(2,150,268) | $3,090,680 | |||||
| Release of restricted stock units and issuance of restricted stock awards, net | 6,995 | — | — | — | — | — | |||||
| Shares repurchased for tax withholdings on release of restricted stock units and restricted stock awards | — | — | (219,461) | — | — | (219,461) | |||||
| Issuance of common stock for cash upon exercise of stock options | 1,984 | — | 19,263 | — | — | 19,263 | |||||
| Repurchases of Class A common stock | (804) | — | (34,378) | — | — | (34,378) | |||||
| Share-based compensation | — | — | 358,906 | — | — | 358,906 | |||||
| Other comprehensive loss | — | — | — | (1,032) | — | (1,032) | |||||
| Net loss | — | — | — | — | (15,925) | (15,925) | |||||
| Balance as of June 30, 2024 | 686,193 | $7 | $5,366,284 | $(2,045) | $(2,166,193) | $3,198,053 | |||||
| Six Months Ended June 30, 2023 | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Class A and Class B Common Stock · Additional Paid-In Capital · Accumulated Other Comprehensive Loss · Accumulated Deficit · Stockholders’ Equity | |||||||||||
| Shares · Amount | |||||||||||
| Balance as of December 31, 2022 | 683,202 | $7 | $5,407,724 | $(11,419) | $(2,114,658) | $3,281,654 | |||||
| Release of restricted stock units and issuance of restricted stock awards, net | 6,255 | — | — | — | — | — | |||||
| Shares repurchased for tax withholdings on release of restricted stock units and restricted stock awards | — | — | (163,203) | — | — | (163,203) | |||||
| Issuance of common stock for cash upon exercise of stock options | 1,275 | — | 3,216 | — | — | 3,216 | |||||
| Repurchases of Class A common stock | (21,216) | — | (500,529) | — | — | (500,529) | |||||
| Share-based compensation | — | — | 312,752 | — | — | 312,752 | |||||
| Other comprehensive income | — | — | — | 2,713 | — | 2,713 | |||||
| Net loss | — | — | — | — | (243,521) | (243,521) | |||||
| Balance as of June 30, 2023 | 669,516 | $7 | $5,059,960 | $(8,706) | $(2,358,179) | $2,693,082 | |||||
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.