How did Pinterest (NYSE:PINS) perform in Q1 2026?

Pinterest reported Q1 2026 revenue of $1.008 billion, an 18% year-over-year increase, or 15% on a constant currency basis. The company reached a record 631 million global monthly active users (MAUs), marking the tenth consecutive quarter of double-digit user growth. Despite this strong top-line growth, Pinterest reported a GAAP net loss of $74 million, although adjusted EBITDA increased by 20% to $207 million.

What drove Pinterest’s revenue growth in Q1 2026?

Pinterest’s revenue growth was driven by strong international expansion, particularly in the "Rest of World" segment, which surged 59% to $72 million. The European market grew 27% to $186 million, and the U.S. and Canada market contributed $750 million, a 13% increase. Additionally, Pinterest’s improved ad stack efficiency and integration of shoppable content features boosted average revenue per user (ARPU).

How did Pinterest’s user engagement perform in Q1 2026?

Pinterest saw record engagement in Q1 2026, with global monthly active users (MAUs) climbing 11% year-over-year to an all-time high of 631 million. This growth was driven by gains in international markets, marking the tenth consecutive quarter of double-digit user growth.

How did Pinterest’s financial performance in Q1 2026 compare to the previous year?

Despite significant revenue growth, Pinterest reported a GAAP net loss of $74 million in Q1 2026, compared to a small profit in Q1 2025. However, on a non-GAAP basis, adjusted EBITDA increased by 20% to $207 million, reflecting strong operational performance despite the bottom-line loss.

Technology

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Pinterest revenue tops $1B as global user base hits record 631 million

Written by Mahathir BayenaPublished May 4, 2026, 12:00 AMLast Updated Jul 6, 2026, 10:28 AM

Pinterest (NYSE:PINS) reported financial results for the first quarter ended March 31, 2026, characterized by steady top-line expansion and record engagement levels.

The visual discovery platform recorded revenue of $1.008 billion, representing an 18% increase year-over-year, or 15% on a constant currency basis.

The company's global monthly active users (MAUs) climbed 11% to an all-time high of 631 million.

This marks the tenth consecutive quarter of double-digit user growth for the platform, driven largely by gains in international markets.

Revenue growth was particularly pronounced in the "Rest of World" segment, which saw a 59% surge to $72 million, while European revenue grew 27% to $186 million.

The core U.S. and Canada market contributed $750 million, a 13% increase from the prior year.

Average Revenue Per User (ARPU) reached $1.61 globally, up 6% year-over-year.

In the U.S. and Canada, ARPU rose 9% to $7.12, reflecting improved ad stack efficiency and the integration of new shoppable content features.

Despite the revenue growth, Pinterest reported a GAAP net loss of $74 million for the quarter, compared to a small profit in the year-ago period.

However, on a non-GAAP basis, adjusted EBITDA reached $207 million, a 20% increase over the $172 million reported in Q1 2025.

Meanwhile, the company maintained a strong liquidity profile, generating $312 million in free cash flow and ending the quarter with a robust cash position following the issuance of $985 million in convertible notes.

Looking ahead to the second quarter of 2026, the company issued revenue guidance between $1.13 billion and $1.15 billion, implying growth of 14% to 16% year-over-year.