Pinterest (PINS) Asset Writedowns and Impairment (2023)
Pinterest's (PINS) quarterly Asset Writedowns and Impairment came in at $4.4 million in Q2 2023, down 96.12% quarter-over-quarter from $112.9 million in Q1 2023.
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Pinterest (PINS) Asset Writedowns and Impairment (2023) Analysis & Trends
Pinterest (PINS) has reported Asset Writedowns and Impairment for 1 consecutive years, with $4.4 million the latest figure, recorded in Q2 2023.
- For the quarter ending Q2 2023, Asset Writedowns and Impairment changed N/A year-over-year to $4.4 million; the trailing twelve-month figure through Mar 2024 stood at $4.4 million (down 96.12% YoY), and the FY2023 full-year result was $117.3 million, changed N/A from the prior year.
- Asset Writedowns and Impairment fell to $4.4 million in Q2 2023 per PINS's latest filing, from $112.9 million in the prior quarter.
- Across five years, Asset Writedowns and Impairment topped out at $112.9 million in Q1 2023 and bottomed at $4.4 million in Q2 2023.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Meta Platforms | 1,696.33 Bn | 1,606.07 Bn | 49.47 Bn |
| 2 | 29.01 Bn | 26.23 Bn | 734.60 Mn | |
| 3 | Bilibili | 12.48 Bn | 10.34 Bn | 433.97 Mn |
| 4 | 10.51 Bn | 9.24 Bn | 922.30 Mn | |
| 5 | Match | 9.93 Bn | 9.35 Bn | 648.84 Mn |
| 6 | Snap | 9.56 Bn | 6.90 Bn | 931.11 Mn |
| 7 | Rum | 5.38 Bn | 5.26 Bn | - |
| 8 | Sound | 4.72 Bn | 4.61 Bn | - |
| 9 | Joyy | 4.14 Bn | 3.82 Bn | 201.60 Mn |
| 10 | Grindr | 2.68 Bn | 2.67 Bn | 103.57 Mn |