PINTEREST INC
For the period ended Sep 30, 2024. Filed Nov 7, 2024.
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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.
Sep 30, 2024 · Filed Nov 7, 2024
PINS$19.06+0.5%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Financial Statements (Unaudited)Condensed Consolidated Balance Sheets
| September 30, | December 31, | |
|---|---|---|
| 2024 | 2023 | |
| ASSETS | ||
| Current assets: | ||
| Cash and cash equivalents | $1,035,565 | $1,361,936 |
| Marketable securities | 1,406,993 | 1,149,148 |
| Accounts receivable, net of allowances of $7,995 and $10,635 as of September 30, 2024 and December 31, 2023, respectively | 680,515 | 763,159 |
| Prepaid expenses and other current assets | 109,324 | 64,316 |
| Total current assets | 3,232,397 | 3,338,559 |
| Property and equipment, net | 39,421 | 32,225 |
| Operating lease right-of-use assets | 86,172 | 92,119 |
| Goodwill and intangible assets, net | 111,943 | 117,462 |
| Other assets | 21,200 | 14,040 |
| Total assets | $3,491,133 | $3,594,405 |
| LIABILITIES AND STOCKHOLDERS’ EQUITY | ||
| Current liabilities: | ||
| Accounts payable | $88,876 | $79,058 |
| Accrued expenses and other current liabilities | 320,426 | 238,032 |
| Total current liabilities | 409,302 | 317,090 |
| Operating lease liabilities | 154,402 | 160,616 |
| Other liabilities | 33,550 | 26,019 |
| Total liabilities | 597,254 | 503,725 |
| Commitments and contingencies | ||
| Stockholders’ equity: | ||
| Class A common stock, $0.00001 par value, 6,666,667 shares authorized, 592,374 and 591,663 shares issued and outstanding as of September 30, 2024 and December 31, 2023, respectively; Class B common stock, $0.00001 par value, 1,333,333 shares authorized, 82,605 and 86,355 shares issued and outstanding as of September 30, 2024 and December 31, 2023, respectively | 7 | 7 |
| Additional paid-in capital | 5,023,586 | 5,241,954 |
| Accumulated other comprehensive income (loss) | 5,923 | (1,013) |
| Accumulated deficit | (2,135,637) | (2,150,268) |
| Total stockholders’ equity | 2,893,879 | 3,090,680 |
| Total liabilities and stockholders’ equity | $3,491,133 | $3,594,405 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.