PINTEREST INC

For the period ended Sep 30, 2024. Filed Nov 7, 2024.

About 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.

Sep 30, 2024 · Filed Nov 7, 2024

PINS$18.95-0.6%Stored close · as of Nov 10, 2026

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Contents

Item 1. Condensed Consolidated Statements of Operations

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

(In thousands, except per share amounts)

	Three Months Ended September 30,		Nine Months EndedSeptember 30,
	2024	2023	2024	2023
Revenue	$898,373	$763,203	$2,492,036	$2,073,809
Costs and expenses:
Cost of revenue	187,453	170,998	553,400	510,664
Research and development	326,679	264,698	919,791	800,435
Sales and marketing	249,033	225,929	740,676	670,299
General and administrative	141,124	106,577	359,942	414,339
Total costs and expenses	904,289	768,202	2,573,809	2,395,737
Loss from operations	(5,916)	(4,999)	(81,773)	(321,928)
Interest income (expense), net	32,477	26,691	98,423	76,480
Other income (expense), net	3,237	(4,596)	(5,885)	(2,094)
Income (loss) before provision for (benefit from) income taxes	29,798	17,096	10,765	(247,542)
Provision for (benefit from) income taxes	(758)	10,363	(3,866)	(10,754)
Net income (loss)	$30,556	$6,733	$14,631	$(236,788)
Net income (loss) per share:
Basic	$0.05	$0.01	$0.02	$(0.35)
Diluted	$0.04	$0.01	$0.02	$(0.35)
Weighted-average shares used in computing net income (loss) per share:
Basic	678,496	669,261	680,157	674,853
Diluted	695,483	687,101	701,768	674,853

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.