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Pinterest posts Q2 results as in-line outlook weighs on shares

Pinterest posts Q2 results as in-line outlook weighs on shares

Second-quarter revenue rose 18% to $1.18 billion and monthly active users reached 640 million, but Pinterest's $1.19 billion to $1.21 billion third-quarter revenue forecast signaled slower growth.

Fact Check
The official Pinterest press release on Businesswire confirms all three core figures: Q2 revenue of $1.18 billion up 18% YoY, global MAUs of 640 million, and Q3 2026 revenue guidance of $1.19-$1.21 billion. CNBC independently corroborates these numbers and confirms the 'in-line outlook weighs on shares' framing, noting guidance only met analyst expectations and shares fell. StockTitan mirrors the same data.
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Summary

Pinterest reported second-quarter revenue of $1.18 billion, up 18% from $998.2 million a year earlier and ahead of Wall Street estimates, while monthly active users rose 11% to 640 million and adjusted earnings topped forecasts. The stock fell more than 7% in after-hours trading on Tuesday after the company projected third-quarter revenue of $1.19 billion to $1.21 billion, with the midpoint roughly in line with analyst expectations and implying slower year-over-year growth of 13% to 15%, partly due to a modest foreign-exchange headwind. Pinterest posted a net loss of $47 million, or 8 cents per share, versus net income of $38.76 million, or 6 cents per share, a year earlier, as it spent more on artificial intelligence infrastructure and other operating costs.

Terms & Concepts
  • Monthly active users (MAUs): The number of people who use Pinterest at least once in a month; Pinterest reported 640 million global MAUs.
  • Average revenue per user (ARPU): Revenue generated per user over a period; Pinterest's global ARPU was $1.86 in the quarter.
  • Foreign-exchange headwind: Pressure on reported results from currency movements; Pinterest said its revenue outlook assumes a modest headwind based on current spot rates.