PINS
The good kind of Pinterest board
Pinterest opened 2026 with a pretty healthy flex: revenue climbed to $1.008 billion, up 18% from a year ago. That’s not “just okay for a social app” growth — that’s the kind of number that says advertisers are still showing up and users aren’t wandering off to doomscroll somewhere else.
The company also said global monthly active users rose 11% to 631 million, which is the big headline hiding under the earnings confetti. More users usually means more time spent, more ad inventory, and more reasons for brands to keep buying into the platform.
The bottom line: still not a profit story, but the losses are manageable
Pinterest reported a GAAP net loss of $74 million, while adjusted EBITDA came in at $207 million. In other words, the business is still investing and not exactly swimming in GAAP profit, but it’s generating real operating muscle and cash.
Cash flow also looks decent enough to keep the lights bright: operating cash flow was $328 million, with free cash flow of $31 million. That’s not a moonshot, but it is the kind of thing that gives management room to keep playing offense instead of hunkering down.
And then there’s the buyback
The other investor candy here: Pinterest said it has roughly $2 billion of share repurchases. That’s a big “we think our stock is worth buying” message, and it can help support EPS over time if the company keeps shrinking the share count.
Big picture: Pinterest is still trying to turn its giant, aesthetically pleasing user base into a more durable ad machine. So far, the recipe is working better than the average startup napkin sketch.