Financials Pinterest, Inc.

Equities

PINS

US72352L1061

Internet Services

Real-time Estimate Cboe BZX Other stock markets 11:39:22 2025-07-16 am EDT			5-day change	1st Jan Change
35.50 ^USD	-2.82%		-0.33%	+23.34%

09:19am	UBS Adjusts Pinterest Price Target to $50 From $44, Maintains Buy Rating	MT
Jul. 10	Pinterest Insider Sold Shares Worth $3,623,669, According to a Recent SEC Filing	MT

Projected Income Statement: Pinterest, Inc.

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Net sales ¹	1,693	2,578	2,803	3,055	3,646	4,166	4,755	5,486
Change	-	52.31%	8.71%	9.01%	19.35%	14.26%	14.13%	15.38%
EBITDA ¹	305	814.4	441.9	683.5	1,032	1,235	1,501	1,834
Change	-	167%	-45.73%	54.65%	51.04%	19.66%	21.51%	22.2%
EBIT ¹	-142.5	326.2	-101.7	-125.7	179.8	336.8	546.1	815.5
Change	-	328.9%	-131.17%	-23.61%	243.08%	87.31%	62.13%	49.34%
Interest Paid ¹	-0.635	-9.42	-15.21	3.799	-19.22	-13.32	-36.02	-47.12
Earnings before Tax (EBT) ¹	-127	321	-85.94	-16.44	287.6	454.4	665.9	929.8
Change	-	352.69%	-126.78%	80.87%	1,849.42%	57.98%	46.56%	39.63%
Net income ¹	-128.3	316.4	-96.05	-35.61	1,862	417.9	600.6	868.1
Change	-	346.59%	-130.35%	62.92%	5,329.17%	-77.56%	43.71%	44.54%
Announcement Date	2/4/21	2/3/22	2/6/23	2/8/24	2/6/25	-	-	-

¹USD in Million

Estimates

Fiscal Period: December	2020 Q2	2020 Q3	2020 Q4	2021 Q1	2021 Q2	2021 Q3	2021 Q4	2022 Q1	2022 Q2	2022 Q3	2022 Q4	2023 Q1	2023 Q2	2023 Q3	2023 Q4	2024 Q1	2024 Q2	2024 Q3	2024 Q4	2025 Q1	2025 Q2	2025 Q3	2025 Q4	2026 Q1	2026 Q2	2026 Q3	2026 Q4	2027 Q1
Net sales ¹	272.5	442.6	705.6	485.2	613.2	632.9	846.7	574.9	665.9	684.6	877.2	602.6	708	763.2	981.3	740	853.7	898.4	1,154	855	974.2	1,025	1,314	978.7	1,102	1,163	1,479	1,073
Change	-	62.44%	59.42%	-31.23%	26.38%	3.22%	33.77%	-32.1%	15.84%	2.8%	28.14%	-31.31%	17.5%	7.79%	28.57%	-24.59%	15.36%	5.24%	28.47%	-25.92%	13.95%	5.24%	28.14%	-25.51%	12.62%	5.51%	27.22%	-27.48%
EBITDA ¹	-33.9	93.04	299.2	83.82	178.2	201.5	350.9	76.8	92.04	77.31	195.8	26.97	107	184.7	364.8	112.9	179.9	242.1	470.9	171.6	232.5	291.1	539.1	206	279.7	346.5	624	208
Change	-	374.46%	221.56%	-71.98%	112.6%	13.05%	74.15%	-78.11%	19.86%	-16%	153.24%	-86.23%	296.82%	72.56%	97.54%	-69.05%	59.33%	34.58%	94.5%	-63.55%	35.46%	25.18%	85.23%	-61.8%	35.78%	23.89%	80.09%	-66.66%
EBIT ¹	-104.5	-97.03	205.1	-22.91	71.2	98.45	179.4	-3.665	-34.5	-69.38	5.868	-243.7	-73.24	-4.999	196.2	-54.42	-21.44	-5.916	261.6	-35.48	-0.00235	59.14	312.4	-4.67	47.29	106.4	401.5	-
Change	-	7.17%	311.42%	-111.17%	410.8%	38.27%	82.28%	-102.04%	-841.47%	-101.06%	108.46%	-4,252.79%	69.94%	93.17%	4,025.79%	-127.73%	60.6%	72.41%	4,521.74%	-113.56%	99.99%	2,516,633.19%	428.27%	-101.49%	1,112.63%	124.93%	277.51%	-
Charge d'intérêts ¹	-0.016	-0.051	1.509	-1.563	0.337	-4.765	-3.429	-1.576	-9.252	-10.12	5.734	-	2.18	-	5.893	-4.526	-4.596	3.237	-13.33	4.519	-3.811	-3.86	-4.095	-6.633	-6.748	-6.804	-7.077	-
Earnings before Tax (EBT) ¹	-100.3	-94.19	208.5	-22.98	72.66	94.45	176.8	-4.153	-40.39	-70.17	28.77	-218.5	-46.18	17.1	231.1	-27.68	8.643	29.8	276.8	-3.665	29.59	86.45	340.6	18.29	71.88	131.3	429.9	-
Change	-	6.12%	321.38%	-111.02%	416.2%	29.99%	87.23%	-102.35%	-872.6%	-73.73%	141%	-859.24%	78.86%	137.02%	1,251.79%	-111.98%	131.23%	244.76%	829.06%	-101.32%	907.39%	192.17%	293.94%	-94.63%	293.03%	82.63%	227.45%	-
Net income ¹	-100.7	-94.22	207.8	-21.67	69.42	94	174.7	-5.281	-43.08	-65.18	17.49	-208.6	-34.94	6.733	201.2	-24.81	8.887	30.56	1,847	8.922	20.6	76.93	311.3	12.34	67.08	123.2	392.4	32.07
Change	-	6.48%	320.59%	-110.43%	420.28%	35.41%	85.86%	-103.02%	-715.68%	-51.32%	126.83%	-1,292.49%	83.25%	119.27%	2,887.94%	-112.33%	135.82%	243.83%	5,946.19%	-99.52%	130.89%	273.43%	304.68%	-96.04%	443.52%	83.68%	218.51%	-91.83%
Announcement Date	7/31/20	10/28/20	2/4/21	4/27/21	7/29/21	11/4/21	2/3/22	4/27/22	8/1/22	10/27/22	2/6/23	4/27/23	8/1/23	10/30/23	2/8/24	4/30/24	7/30/24	11/7/24	2/6/25	5/8/25	-	-	-	-	-	-	-	-

¹USD in Million

Estimates

Forecast Balance Sheet: Pinterest, Inc.

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Net Debt ¹	-1,760	-2,480	-2,698	-2,511	-2,513	-3,356	-3,805	-5,184
Change	-	-40.91%	-8.79%	6.93%	-0.08%	-33.55%	-13.38%	-36.24%
Announcement Date	2/4/21	2/3/22	2/6/23	2/8/24	2/6/25	-	-	-

¹USD in Million

Estimates

Cash Flow Forecast: Pinterest, Inc.

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
CAPEX ¹	17.4	9.031	28.98	8.063	24.61	27.19	29.78	32.93
Change	-	-48.1%	220.94%	-72.18%	205.17%	10.5%	9.54%	10.57%
Free Cash Flow (FCF) ¹	11.42	743.9	440.2	604.9	940	1,201	1,460	1,813
Change	-	6,410.95%	-40.82%	37.41%	55.4%	27.76%	21.53%	24.22%
Announcement Date	2/4/21	2/3/22	2/6/23	2/8/24	2/6/25	-	-	-

¹USD in Million

Estimates

Forecast Financial Ratios: Pinterest, Inc.

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Profitability
EBITDA Margin (%)	18.02%	31.59%	15.77%	22.37%	28.31%	29.65%	31.57%	33.43%
EBIT Margin (%)	-8.42%	12.65%	-3.63%	-4.11%	4.93%	8.08%	11.48%	14.87%
EBT Margin (%)	-7.5%	12.45%	-3.07%	-0.54%	7.89%	10.91%	14%	16.95%
Net margin (%)	-7.58%	12.27%	-3.43%	-1.17%	51.07%	10.03%	12.63%	15.82%
FCF margin (%)	0.67%	28.85%	15.71%	19.8%	25.78%	28.83%	30.7%	33.05%
FCF / Net Income (%)	-8.9%	235.08%	-458.34%	-1,698.67%	50.48%	287.36%	243.03%	208.86%
Profitability
ROA	-5.13%	10.3%	11.51%	20.37%	20.16%	15.08%	16.06%	10.12%
ROE	13.28%	29.48%	13.48%	23.83%	22.98%	23.53%	23.62%	21.78%
Financial Health
Leverage (Debt/EBITDA)	-	-	-	-	-	-	-	-
Debt / Free cash flow	-	-	-	-	-	-	-	-
Capital Intensity
CAPEX / Current Assets (%)	1.03%	0.35%	1.03%	0.26%	0.67%	0.65%	0.63%	0.6%
CAPEX / EBITDA (%)	5.71%	1.11%	6.56%	1.18%	2.38%	2.2%	1.98%	1.8%
CAPEX / FCF (%)	152.31%	1.21%	6.58%	1.33%	2.62%	2.26%	2.04%	1.82%
Items per share
Cash flow per share ¹	0.0483	1.089	0.6791	0.8838	1.381	1.698	2.017	2.404
Change	-	2,153.83%	-37.62%	30.14%	56.28%	22.9%	18.85%	19.18%
Dividend per Share ¹	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-
Book Value Per Share ¹	3.58	4.626	4.803	4.558	8.006	7.994	9.435	11.2
Change	-	29.22%	3.83%	-5.1%	75.63%	-0.14%	18.03%	18.73%
EPS ¹	-0.22	0.46	-0.14	-0.05	2.67	0.5969	0.844	1.123
Change	-	309.09%	-130.43%	64.29%	5,440%	-77.64%	41.4%	33.02%
Nbr of stocks (in thousands)	618,070	652,197	678,231	674,359	675,826	676,626	676,626	676,626
Announcement Date	2/4/21	2/3/22	2/6/23	2/8/24	2/6/25	-	-	-