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Pinterest Inc. (NYSE: PINS) delivered a strong first-quarter performance for 2026, surpassing Wall Street estimates on both earnings and revenue, driving a sharp rally in its stock price. The company reported adjusted earnings per share of $0.27, beating analyst expectations of $0.23. Revenue reached $1.01 billion, exceeding the consensus estimate of $965.44 million and reflecting an 18% year-over-year increase from $855 million.
Following the announcement, Pinterest stock surged 16.7% in after-hours trading, signaling strong investor confidence. A key growth driver was the platform’s expanding user base, with global monthly active users reaching a record 631 million. This represents an 11% year-over-year increase and marks the tenth consecutive quarter of double-digit user growth, reinforcing Pinterest’s position in the digital advertising and social media space.
Looking ahead, Pinterest provided an optimistic outlook for the second quarter of 2026. The company expects revenue to range between $1.133 billion and $1.153 billion, indicating 14% to 16% year-over-year growth. The midpoint of this guidance, $1.143 billion, exceeds analyst forecasts of $1.12 billion. Pinterest also projects adjusted EBITDA between $256 million and $276 million, highlighting continued operational strength.
Despite the strong performance, Pinterest reported a GAAP net loss of $74 million, compared to net income of $9 million in the same period last year. Free cash flow declined 13% to $312 million, suggesting some pressure on profitability metrics. However, adjusted EBITDA rose 20% to $207 million, demonstrating improved underlying business performance.
Regionally, Pinterest saw significant growth in international markets. Revenue from the Rest of World segment jumped 59% year-over-year to $72 million, while European revenue increased 27% to $186 million. The company also completed $2 billion in share repurchases, reinforcing its commitment to returning value to shareholders.
Overall, Pinterest’s strong earnings report, growing user engagement, and positive revenue outlook position it well for continued growth in the competitive social media and digital advertising landscape.
