Q4 2025 Pinterest Inc Earnings Call Transcript
Key Points
- Pinterest Inc (PINS) reported 10 consecutive quarters of record high monthly active users (MAUs), reaching 619 million globally, a 12% year-over-year increase.
- The company has successfully transformed into an AI-powered visual-first shopping assistant, with over 80 billion monthly searches, most of which are visual.
- Pinterest Inc (PINS) has launched numerous performance ads products, achieving consistent mid-teens or better revenue growth while significantly expanding margins.
- The Gen Z population, representing over 50% of Pinterest's users, is the fastest-growing user cohort on the platform.
- Pinterest Inc (PINS) has made significant progress in leveraging AI to improve user engagement and advertiser performance, with models like OmniSage and PIN FM driving substantial engagement gains.
- Pinterest Inc (PINS) experienced a disappointing Q4 revenue performance, impacted by tariffs affecting ad spend from top retail advertisers.
- The company faces challenges in broadening its revenue mix and accelerating its sales and go-to-market transformation.
- There is a need for Pinterest Inc (PINS) to accelerate growth with mid-market, SMB, and international advertisers to offset headwinds from large retailers.
- The company anticipates near-term disruption due to restructuring and sales transformation efforts, which may impact Q1 performance.
- Pinterest Inc (PINS) is facing pressure on ad pricing, with a 19% year-over-year decline driven by a mix shift towards undermonetized international markets.
Good evening. Thank you for attending today's Pinterest fourth-quarter and full year 2025 earnings call. My name is Megan and I'll be your moderator for today. (Operator Instructions)
I would now like to pass the conference over to Pinterest's VP of Investor Relations and Treasurer, Andrew Somberg. Andrew, you may proceed.
Good afternoon, and thank you for joining us. Welcome to Pinterest's earnings call for the fourth quarter and full year ended December 31, 2025. Joining me on today's call are Bill Ready, Pinterest's CEO; and Julia Donnelly, our CFO.
The statements we make on this call reflect management's view as of today and will include forward-looking statements. Such statements involve a number of assumptions, risks and uncertainties, and actual results may differ materially. For information about assumptions, risks, uncertainties and other factors that could affect our results, please refer to our Forms 10-K and 10-Q, each filed with the SEC and available on our
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
Trustpilot
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
