Pinterest (PINS) stock jumped roughly 16% in after-hours trading on Monday after the company posted first-quarter results that topped Wall Street on nearly every metric.
Q1 revenue came in at $1.01 billion, up 18% from $855 million a year ago, clearing the analyst consensus of $965 million. Adjusted EPS of $0.27 beat the $0.23 estimate by four cents.
Adjusted EBITDA rose 20% year-over-year to $207 million. Free cash flow was $312 million, though that was down 13% from $356 million in Q1 2025.
PINTEREST $PINS Q1’26 EARNINGS HIGHLIGHTS
Revenue: $1.008B (Est. $965.44M)
; +18% YoY
Q2 Guide:
— Wall St Engine (@wallstengine) May 4, 2026
On the GAAP side, Pinterest posted a net loss of $74 million, a swing from net income of $9 million in the same period last year.
Global monthly active users hit an all-time high of 631 million, up 11% year-over-year. That marks ten straight quarters of double-digit user growth — a streak the company has leaned into heavily in its investor messaging.
“Q1 revenue surpassing $1 billion, up 18% year over year, and global monthly active users growing to 631 million,” said CEO Bill Ready in a statement following the results.
Pinterest also completed $2 billion in share repurchases during the quarter, as previously announced.
The company has been rolling out upgrades to its Performance+ ad suite, which automates creative production and offers more personalized targeting. Those tools are helping attract small- and mid-sized businesses, partially offsetting a pullback from some large advertisers dealing with higher costs tied to tariffs.
Analyst Lenny Zéphirin of The Zéphirin Group noted that large advertisers remain important for stability but are no longer the primary growth driver.
In February, Pinterest completed its acquisition of tvScientific, a connected TV ad platform, aimed at opening up new ad budgets beyond traditional social media.
Rival Reddit also flagged strong revenue gains last week, citing AI-powered ad tools — a sign that AI-driven advertising is lifting multiple platforms at once.
For the second quarter, Pinterest guided revenue between $1.133 billion and $1.153 billion, representing 14%–16% year-over-year growth. The midpoint of $1.143 billion sits above the analyst consensus of $1.12 billion.
The company also guided Q2 adjusted EBITDA between $256 million and $276 million.
Geographically, the Rest of World segment was the fastest-growing, up 59% year-over-year to $72 million. Europe revenue grew 27% to $186 million.
In April, activist investor Elliott disclosed a $1 billion equity stake in Pinterest, backing the company’s ad revenue strategy and supporting its new $3.5 billion share repurchase program.
The post Pinterest (PINS) Stock Surges After Earnings Beat and Record User Count appeared first on CoinCentral.
