Pinterest Q1 Revenue Jumps 18% to $1.01B, Guides Q2 to $1.15B
PINS•Pinterest reported first-quarter revenue of $1.01 billion, up 18% year-over-year, with 631 million monthly active users and adjusted EPS of $0.27. It guided second-quarter revenue of $1.133–$1.153 billion for 14–16% growth, highlighted gains from AI-powered advertising tools and executed $2 billion in share repurchases.
1. Strong First-Quarter Performance
Pinterest delivered Q1 2026 revenue of $1.01 billion, marking an 18% year-over-year increase, while monthly active users climbed 11% to 631 million. Adjusted EPS came in at $0.27, outpacing analyst expectations, though GAAP net loss widened to $74 million.
2. Acceleration in AI-Powered Advertising
The company emphasized momentum in its AI-driven advertising platform, noting increased ad engagement and efficiency from custom AI models. Enhanced commercial search activity and performance-based campaign tools supported the revenue upside and user engagement.
3. Capital Return and Upbeat Outlook
Pinterest completed $2 billion in share repurchases during the quarter and generated $312 million in free cash flow. Management projected Q2 revenue of $1.133–$1.153 billion (14–16% growth) and adjusted EBITDA between $256 million and $276 million, reflecting confidence in sustained growth.
