Filing Flows › Pinterest (PINS) › Q1 2026
Pinterest (PINS) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 4, 2026
Pinterest (PINS) reported revenue of $1.0B for the first quarter 2026 (Q1 2026), +18% from a year earlier and -24% from the quarter before. Operating margin was -8.0%, net loss $73.6M (7.3% of revenue).
Pinterest, Q1 2026: revenue $1.0B (+18% year over year), operating margin -8.0%, net loss $73.6M, operating cash flow $328M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.0B | -24% | +18% |
| Operating profit | −$80.3M | -127% | — |
| Net earnings | −$73.6M | -127% | -925% |
| Operating cash flow | $328M | -16% | -10% |
| Free cash flow | $312M | — | -13% |
What changed
Revenue was $1.0B in Q1 2026, up 18% year over year and down 24% from the previous quarter.
Operating costs exceeded revenue by $0.08B, an operating margin of -8.0%. Total costs grew 22% against revenue growth of 18%. The fastest-growing cost line was Sales & marketing (+25%). The quarter ended with a net loss of $0.07B, after a profit of $0.28B the previous quarter. Non-operating items added $0.02B, -26% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was $0.33B (down 10% year over year). Non-cash charges added back $0.01B of depreciation and amortization and $0.23B of share-based compensation. Working capital and other items added $0.16B. After purchases of property and equipment ($0.02B), free cash flow as the company reports it was $0.31B.
Questions
What was Pinterest's revenue in the first quarter 2026?
Pinterest (PINS) reported revenue of $1.0B for the first quarter 2026 (Q1 2026), +18% from a year earlier and -24% from the quarter before.
Was Pinterest profitable in the first quarter 2026?
Operating loss was $80.3M (-8.0% of revenue) and net loss $73.6M.
Source: Pinterest 10-Q on SEC EDGAR.