Pinterest Q1 earnings report 2025

Pinterest shares rose 15% in prolonged buying and selling Thursday after the corporate reported first-quarter earnings and supplied better-than-expected steerage.

Here is how the corporate did, in comparison with analysts’ consensus estimates from LSEG:

• Income: $855 million vs. $847 million anticipated
• Earnings per share: $0.23 cents Adj. vs. $0.26 cents anticipated

The social media firm mentioned second-quarter gross sales ought to come within the vary of $960 million to $980 million, which on the midpoint is increased than analysts expectations of $966 million.

Pinterest had 570 million month-to-month lively customers within the first quarter, forward of Wall Road estimates of 565 million.

First quarter gross sales stemming from the U.S. and Canada got here in at $663 million, lacking analysts estimates of $664 million. Its first-quarter Europe income was $147 million, topping analysts projections of $141 million.

Pinterest logged $172 million in first quarter adjusted earnings earlier than curiosity, taxes, depreciation and amortization, or EBIDTA, which was increased than the $164 million that Wall Road was anticipating. First quarter EBIDTA margin was 20% in comparison with analysts expectations of 19.4%.

The corporate recorded $1.52 in first quarter international common income per person, which was according to analysts estimates.

Pinterest’s finance chief Julia Brau Donnelly instructed analysts throughout an earnings name that whereas the corporate is “not immune to the macro environment,” executives are optimistic about its promoting merchandise and that its total enterprise is wholesome.

Nonetheless, Donnelly mentioned “there have been small pockets of spend that have been impacted by tariffs in recent weeks,” pointing to unspecified Asia-based e-commerce retailers curbing their digital promoting spend in gentle of the latest ending of the de minimis commerce loophole.

Invoice Prepared, Pinterest’s CEO, instructed analysts that executives have targeted on morphing the corporate “from a platform with declining users and modest revenue growth a few years ago into a secular share taker with a more resilient business than ever before.”

“We’ve made Pinterest a destination for a user, particularly a shopping destination,” Prepared mentioned. “Pinterest is where Gen Z goes to shop”

Pinterest was the newest internet marketing firm to report quarterly earnings amid a rocky economic system and an ongoing U.S. and China commerce dispute. Though many tech firms like Meta reported strong first-quarter outcomes, they shared some trepidation concerning the coming quarters and remainder of the 12 months.

Meta finance chief Susan Li final week mentioned that “Asia-based e-commerce exporters” have slashed their digital promoting spending, echoing Donnelly’s feedback.

“It’s very early, hard to know how things will play out over the quarter, and certainly, harder to know that for the rest of the year,” Li mentioned on Meta’s earnings name.

Reddit shares jumped as excessive as 19% final Thursday when the corporate reported first-quarter earnings that beat Wall Road estimates. However after executives mentioned the powerful economic system and Google-related search challenges throughout an earnings name, Reddit’s receded to round 5% in after-hours buying and selling that day.

Snap reported first-quarter earnings final week that beat on gross sales, however the firm declined to supply steerage due to macroeconomic uncertainties, which brought on its inventory to sink about 13%.

Alphabet reported first-quarter earnings on Apr. 24 and mentioned that its Google promoting gross sales rose 8.5% 12 months over 12 months to $66.89 billion whereas YouTube advert income elevated 10% to $8.93 billion. Executives on the firm then instructed analysts that it expects some headwinds to its core promoting enterprise, significantly from Asia.

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