Pinterest, Inc. (PINS) Announced Q1 2026 Earnings on May 4, 2026, Reporting "global revenue was $1.8 billion" for the Quarter

18:40 Episode 143 The Earnings Debate
Pinterest Inc. earnings call summary and podcast

Pinterest reported First Quarter 2026 "global revenue was $1.8 billion" and "delivered $207 million in adjusted EBITDA" for the Quarter, representing an "adjusted EBITDA margin of 20%". The company also generated "Q1 free cash flow of $312 million" for the Quarter.

User growth was highlighted, ending the Quarter with "631 million global monthly active users".Management emphasized the "acquisition of tvScientific" which closed in Q1 to power "high-performing CTV campaigns". The company continues to push its "sales and go-to-market organization" changes, aimed at "broadening our revenue base" across "mid-market, enterprise, managed SMB and international advertisers".On the product side, Pinterest noted the continued adoption of its "Pinterest Performance+" campaigns and the expansion of "Canvas, our in-house AI image generation model". CEO Bill Ready also addressed their beta launch of "Pinterest Assistant", noting they are taking their time in "getting the product market fit right".For forward guidance, Pinterest expects Quarter 2 "Q2 revenue to be in the range of $1.133 billion to $1.153 billion" and Quarter 2 "adjusted EBITDA to be in the range of $256 million to $276 million". For the full Year 2026, the company continues to expect "full year 2026 margins to come in around 29%".