Pinterest (BSP:P2IN34) Gross Margin %: 76.32% (As of Mar. 2026) — Near Median


BSP:P2IN34 Pinterest Inc BSP:P2IN34
74 GF Score
Price R$17.02
GF Value R$35.41
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Pinterest Gross Margin %?

Pinterest BSP:P2IN34 74 Gross Margin % is 76.32% as of Mar. 2026, which is 1% above its 10-year median of 75.79. GuruFocus rates BSP:P2IN34 with a GF Score™ of 74/100 and a GF Value™ of R$35.41 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 497 Interactive Media companies, Pinterest ranks better than 67% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Pinterest's Gross Profit for the three months ended in Mar. 2026 was R$4,021 Mil. Pinterest's Revenue for the three months ended in Mar. 2026 was R$5,269 Mil. Therefore, Pinterest's Gross Margin % for the quarter that ended in Mar. 2026 was 76.32%.


The historical rank and industry rank for Pinterest's Gross Margin % or its related term are showing as below:

BSP:P2IN34' s Gross Margin % Range Over the Past 10 Years
Min: 62.22   Med: 75.79   Max: 80.07
Current: 79.86


During the past 9 years, the highest Gross Margin % of Pinterest was 80.07%. The lowest was 62.22%. And the median was 75.79%.

BSP:P2IN34's Gross Margin % is ranked better than
67% of 497 companies
in the Interactive Media industry
Industry Median: 62.58 vs BSP:P2IN34: 79.86

Pinterest had a gross margin of 76.32% for the quarter that ended in Mar. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Pinterest was 1.30% per year.


Pinterest  (BSP:P2IN34) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Pinterest had a gross margin of 76.32% for the quarter that ended in Mar. 2026 => Durable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Pinterest Gross Margin % Related Terms


Pinterest Gross Margin % Historical Data

* Premium members only.

The historical data trend for Pinterest's Gross Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Pinterest Gross Margin % Chart

Pinterest Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only 79.47 75.79 77.46 79.42 80.07

Pinterest Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 76.69 79.66 79.76 82.80 76.32

BSP:P2IN34 vs TME, MTCH, SNAP: Gross Margin % Comparison

For the Internet Content & Information subindustry, Pinterest's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Pinterest Gross Margin % vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Pinterest's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Pinterest's Gross Margin % falls into.


BSP:P2IN34
74GF Score
Pinterest Inc BSP:P2IN34
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Pinterest Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Pinterest's Gross Margin for the fiscal year that ended in Dec. 2025 is calculated as

Gross Margin % (A: Dec. 2025 )=Gross Profit (A: Dec. 2025 ) / Revenue (A: Dec. 2025 )
=18441.6 / 23032.694
=(Revenue - Cost of Goods Sold) / Revenue
=(23032.694 - 4591.086) / 23032.694
=80.07 %

Pinterest's Gross Margin for the quarter that ended in Mar. 2026 is calculated as


Gross Margin % (Q: Mar. 2026 )=Gross Profit (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=4021.4 / 5268.895
=(Revenue - Cost of Goods Sold) / Revenue
=(5268.895 - 1247.531) / 5268.895
=76.32 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 76.32% mean?
Pinterest (BSP:P2IN34) has a Gross Margin % of 76.32% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Pinterest and its competitors. This is near median its historical median of 75.79. Over the past decade, Pinterest's Gross Margin % has ranged from 62.22 to 80.07. According to the industry distribution chart, Pinterest ranks #164 out of 497 companies in the Interactive Media industry, placing it in the top 33%.
Is Pinterest's Gross Margin % too high?
Pinterest's current Gross Margin % of 76.32% is near median its 10-year median of 75.79. Over the past 10 years, this metric has ranged from a low of 62.22 to a high of 80.07. The Interactive Media industry median Gross Margin % is 62.58. Pinterest's value of 76.32% is 22% above this industry median. Based on the distribution chart, Pinterest ranks #164 out of 497 companies in the Interactive Media industry, which is above the industry midpoint. Overall, Pinterest has a GF Score™ of 74/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Pinterest's Gross Margin % compare to TME and MTCH?
According to the Interactive Media industry distribution chart, Pinterest ranks #164 out of 497 companies for Gross Margin %. This puts Pinterest in the upper half of its industry. The industry median Gross Margin % is 62.58. Pinterest's value of 76.32% is 22% above this benchmark. Historically, Pinterest's own Gross Margin % has ranged from 62.22 to 80.07 over the past decade. While the company's 10-year median is 75.79 vs. the industry median of 62.58, Pinterest has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for an Interactive Media company?
The median Gross Margin % among Interactive Media companies is 62.58, based on 497 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Pinterest's current Gross Margin % of 76.32% is 22% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Pinterest and its competitors. For the Interactive Media industry, the median Gross Margin % is 62.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pinterest's current Gross Margin % is 76.32%, which is near median its own 10-year median of 75.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pinterest stock overvalued right now?
Based on GuruFocus' analysis, Pinterest (BSP:P2IN34) is currently considered Significantly Undervalued. The stock's GF Value™ is R$35.41, compared to a current price of R$17.02 — trading 51.9% below its estimated fair value. The current Gross Margin % is 76.32%, which is near median its 10-year median of 75.79 and 22% above the Interactive Media industry median of 62.58. Pinterest's overall GF Score™ is 74/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Pinterest (BSP:P2IN34), the current Gross Margin % is 76.32% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Pinterest (BSP:P2IN34) Overvalued in 2026?

Based on GuruFocus' analysis, Pinterest stock appears to be undervalued. The current stock price of R$17.02 is trading 51.9% below its estimated GF Value™ of R$35.41. GuruFocus considers Pinterest to be Significantly Undervalued.

Key valuation signals for BSP:P2IN34:

  • Gross Margin %: 76.32% (near median its 10-year median of 75.79)
  • GF Value™: R$35.41 vs. price of R$17.02 (51.9% below fair value)
  • GF Score™: 74/100 with 3 warning signs
  • Industry Position: 22% above the Interactive Media median (#164 of 497)

No single metric tells the full story. See the BSP:P2IN34 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Pinterest Business Description

Address 651 Brannan Street, San Francisco, CA, USA, 94107-1532
Pinterest is a social media platform with a focus on product and idea discovery. Pinterest users, or pinners, can leverage the platform as they go about gathering ideas on topics such as home improvement, fashion, cooking, and travel. The company has more than 500 million monthly active users, two thirds of whom are female. Pinterest generates revenue by selling digital ads on its platform. While the platform's user base spans the globe, the vast majority of its revenue stems from ads shown to North American users.
74GF Score

Get the complete analysis for BSP:P2IN34

Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R$17.02
Price
R$35.41
GF Value