Business
Pinterest Announces First Quarter 2025 Results, Delivers 16% Revenue Growth and Record Users
SAN FRANCISCO, May 08, 2025--Pinterest, Inc. (NYSE: PINS) today announced financial results for the quarter ended March 31, 2025.
About this update from Pinterest, Inc.
[{"type":"image","alt":"","displaySize":"","headline":null,"caption":"","credit":null,"className":"","disableSlideshowImg":false,"size":{"original":{"width":480,"height":480,"url":"https://media.zenfs.com/en/business-wire.com/75bbddcd33e6498cade5ae5c055f0b2c"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/c3fTBOc5l8Yn83dPiZJi6g--/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTk2MDtjZj13ZWJw/https://media.zenfs.com/en/business-wire.com/75bbddcd33e6498cade5ae5c055f0b2c","width":480,"height":480}},"lazy":false},{"type":"text","content":"Q1 Revenue of $855 million, an increase of 16%, or 17% on a constant currency basis","length":83,"tagName":"p","attribs":{}},{"type":"text","content":"Record 570 million global monthly active users, an increase of 10%","length":66,"tagName":"p","attribs":{}},{"type":"text","content":"SAN FRANCISCO, May 08, 2025--(BUSINESS WIRE)--Pinterest, Inc. (NYSE: PINS) today announced financial results for the quarter ended March 31, 2025.","length":146,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Revenue was $855 million, growing 16% year over year. On a constant currency basis, revenue would have grown 17% year over year.","length":128,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Global Monthly Active Users ("MAUs") increased 10% year over year to 570 million.","length":91,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"GAAP net income was $9 million and Adjusted EBITDA was $172 million.","length":68,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Net cash provided by operating activities was $364 million and free cash flow was $356 million.","length":95,"tagName":"p","attribs":{}}]}],"tagName":"ul","bulletedList":true,"length":382,"olType":false},{"type":"text","content":""Our strong results in the first quarter demonstrate continued momentum in revenue, user growth and engagement," said Bill Ready, CEO of Pinterest. "As the macroeconomic and digital ad landscape evolves, our strategy and consistent execution has made Pinterest more resilient than ever. The fundamentals in the business are strong and we’re continuing to see healthy growth. Our AI advancements are helping users take action and make more intentional shopping decisions. We’re driving performance for advertisers and winning market share, giving us a solid foundation for long-t...