PINTEREST, INC.

For the period ended Jun 30, 2026. Filed Aug 4, 2026.

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.

Jun 30, 2026 · Filed Aug 4, 2026

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

Extracted filing text, with the paragraph anchors used by the comparison.

See the whole filing, with its images and exhibits

Contents

Item 1. Condensed Consolidated Statements of Operations

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

(In thousands, except per share amounts)

	Three Months Ended June 30,		Six Months EndedJune 30,
	2026	2025	2026	2025
Revenue	$1,179,654	$998,227	$2,187,168	$1,853,215
Costs and expenses:
Cost of revenue	257,354	203,009	495,906	402,279
Research and development	451,010	359,624	831,799	691,289
Sales and marketing	374,273	313,075	692,124	566,995
General and administrative	137,880	126,849	241,397	232,459
Restructuring	14,335	—	61,432	—
Total costs and expenses	1,234,852	1,002,557	2,322,658	1,893,022
Loss from operations	(55,198)	(4,330)	(135,490)	(39,807)
Interest income (expense), net	7,334	28,022	25,120	55,315
Other income (expense), net	(1,295)	10,960	(2,289)	15,479
Income (loss) before provision for (benefit from) income taxes	(49,159)	34,652	(112,659)	30,987
Provision for (benefit from) income taxes	(2,490)	(4,103)	7,597	(16,690)
Net income (loss)	$(46,669)	$38,755	$(120,256)	$47,677
Net income (loss) per share:
Basic	$(0.08)	$0.06	$(0.20)	$0.07
Diluted	$(0.08)	$0.06	$(0.20)	$0.07
Weighted-average shares used in computing net income (loss) per share:
Basic	562,913	676,852	599,629	676,688
Diluted	562,913	689,837	599,629	689,598

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.