Pinterest Reports Q3 2026 Results with 12% Revenue Growth and Record 661M MAUs

Pinterest, Inc. (NYSE: PINS) Q3 2026 Earnings Report Summary

Pinterest, Inc. filed a Current Report on Form 8-K under Item 2.02 (Results of Operations and Financial Condition), reporting financial results for the third quarter ended September 30, 2026.

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Key Financial Highlights

• Revenue: $1,173.9 million, an increase of 12% year-over-year compared to $1,049.2 million in Q3 2025 (12% growth on a constant currency basis).
• Net Income (GAAP): $21.5 million (2% margin), compared to $92.1 million (9% margin) in Q3 2025, down 77% year-over-year.
• Non-GAAP Net Income: $270.3 million, up 3% year-over-year from $262.9 million.
• Adjusted EBITDA: $339.2 million (29% margin), up 11% compared to $306.1 million (29% margin) in Q3 2025.
• Cash Flow: Operating cash flow reached $315.7 million, with Free Cash Flow generated of $300.3 million.

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Operational & User Metrics

• Global MAUs: Reached an all-time record of 661 million, growing 10% YoY.
  • U.S. and Canada: 107 million (+4% YoY)
  • Europe: 161 million (+7% YoY)
  • Rest of World: 394 million (+13% YoY)
• Average Revenue Per User (ARPU):
  • Global: $1.80 (+1% YoY)
  • U.S. and Canada: $8.38 (+10% YoY)
  • Europe: $1.21 (-7% YoY)
  • Rest of World: $0.23 (+9% YoY)

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Business Commentary

CEO Bill Ready emphasized the continued expansion of AI-driven visual discovery and shopping experiences, scaling performance advertising solutions to convert high-intent user discovery into durable monetization.