Pinterest Q3 Revenue Tops $1B as Shares Plunge 19%
By ATTN Desk · Editorial oversight: Sean Han
Introduction
PINTEREST INC (ticker: PINS) is a San Francisco–based social media company offering a visual discovery platform where users curate and share ideas through “Pins.” Launched in prototype form in March 2010 by Ben Silbermann, Paul Sciarra, and Evan Sharp, the service became a public company on April 18, 2019. As of November 5, 2025, the stock trades on the New York Stock Exchange under the symbol PINS.
Corporate Structure and Workforce
Pinterest employs a global staff spanning product development, engineering, sales, and marketing. While an exact headcount is not publicly disclosed, LinkedIn data and SEC filings indicate a workforce skilled in artificial intelligence, visual search technology, and digital advertising. Senior leadership is led by CEO Bill Ready, under whose tenure the company has emphasized AI integration and partnerships with Amazon and Google to expand its advertiser base.
Pinterest by charlesdeluvio
Developments and News
- On September 19, 2025, Pinterest filed an 8-K (items 5.02 and 7.01) reporting changes to its executive team and governance structure.
- On November 4, 2025, the company submitted its Form 10-Q for the quarter ended September 30, 2025, along with a related 8-K (items 2.02 and 9.01). In earnings released on the same day, Pinterest reported third-quarter revenue exceeding $1 billion, reflecting a 17% year-over-year increase, and monthly active users (MAUs) of 600 million.
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Financial and Strategic Analysis
In its Q3 2025 report (filed November 4, 2025), Pinterest highlighted:
- Revenue (TTM): $3.91 billion
- Net Income (TTM): $1.93 billion
- Diluted EPS (TTM): $2.76
- Profit Margin: 49.31%
- Return on Equity: 48.08%
- Total Cash (mrq): $2.66 billion
- Total Debt/Equity (mrq): 2.86%
- Levered Free Cash Flow (TTM): $908.16 million
Key valuation multiples (as of November 5, 2025):
| Metric | Value |
|---|---|
| Share Price | $26.65 |
| Daily Change | −19.02% |
| Volume | 721,742 |
| 52-Week Range | $23.68–40.90 |
| Market Cap | $21.69 B |
| P/E (Trailing) | 11.56 |
| Forward P/E | 14.79 |
| EV/Revenue | 4.91× |
| EV/EBITDA | 80.10× |
| Price/Sales | 5.74× |
| Price/Book | 4.51× |
Strategically, Pinterest is leveraging AI-driven ad products (e.g., Performance+) and partnerships with Amazon and Google Ads Manager to enhance international monetization—an area that accounts for approximately 82% of users but only 25% of revenue.
Market Position and Industry Context
Pinterest competes in the digital advertising market, estimated at $750 billion globally. With over 500 million monthly active users in 2024 and 600 million by Q3 2025—two thirds of whom are female—the platform’s advertising model integrates paid placements within users’ discovery experiences. Compared with large-cap peers in social media, Pinterest’s trailing P/E near 11.6× and forward P/E near 14.8× suggest relative valuation support, while its 0.87 beta indicates moderated volatility.
TL;DR
On November 4, 2025, Pinterest filed its Q3 2025 10-Q, reporting revenue above $1 billion (up 17% YoY) and 600 million MAUs. The stock closed at $26.65 on November 5, down 19.02% on significant volume, trading near a 52-week low. Key initiatives include AI-powered ad products and expanded partnerships with Amazon and Google to enhance international ad sales. Management targets mid-30% EBITDA margins, supported by cash reserves of $2.66 billion and minimal debt. Future outlook focuses on scaling AI offerings and improving user monetization outside North America.