Sector: Technology | Industry: Internet Services |
See Regulatory Filings on SEC |
Company Contact | |
Address: | 651 Brannan Street SAN FRANCISCO CA 94107 |
Tel: | N/A |
Website: | https://investor.pinterestinc.com |
IR: | See website |
Key People | ||
William J. Ready Chief Executive Officer, Director | Julia Brau Donnelly Chief Financial Officer | Malik Ducard Chief Content Officer |
Sabrina Ellis Chief Product Officer | Wanjiku Juanita Walcott Corporate Secretary, Chief Legal & Business Affairs Officer |
Business Overview |
Pinterest, Inc. is a visual search and discovery company. The Company's primary service, Pinterest, can be accessed through its mobile application or the Web. People use Pinterest to find ideas. As they browse Pinterest content, Pins, they fine-tune their tastes and find the idea. Users interact with the platform in multi-session journeys to find inspiration, curate their latest look, plan their next project and shop from brands. It has approximately 498 million monthly active users across the world. Content on Pinterest comes from a variety of sources, including retailers, brands, creators, publishers and users. It acquires that content via a range of methods, including product catalog uploads, direct publishing, and user curation. Content formats include images that allow the user to click into an idea to learn more, videos that provide the steps of an idea, and products that brands and merchants upload from catalogs. |
Financial Overview |
For the six months ended 30 June 2024, Pinterest Inc revenues increased 22% to $1.59B. Net loss decreased 93% to $15.9M. Revenues reflect United States segment increase of 16% to $1.13B, Revenue per Customer - Average-US & Cana increase of 17% to $6.45. Lower net loss reflects Interest income (expense), net increase of 32% to $65.9M (income). Basic Earnings per Share excluding Extraordinary Items increased from -$0.36 to -$0.02. |
Employees: | 4,014 as of Dec 31, 2023 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $17,068M as of Jun 30, 2024 |
Annual revenue (TTM): | $3,338M as of Jun 30, 2024 |
EBITDA (TTM): | $135.40M as of Jun 30, 2024 |
Net annual income (TTM): | $191.99M as of Jun 30, 2024 |
Free cash flow (TTM): | $807.20M as of Jun 30, 2024 |
Net Debt Last Fiscal Year: | N/A |
Shares outstanding: | 686,195,582 as of Jul 24, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |