Pinterest (PINS) Cost of Revenue (2018 - 2026)
Pinterest's (PINS) quarterly Cost of Revenue came in at $238.6 million in Q1 2026, up 19.71% YoY from $199.3 million in Q1 2025, and up 5.13% on a QoQ basis from $226.9 million in Q4 2025.
Pinterest (PINS) Cost of Revenue (2018 - 2026) Analysis & Trends
Pinterest (PINS) has 9 years of Cost of Revenue data on file, last reported at $238.6 million in Q1 2026.
- Quarterly Cost of Revenue rose 19.71% year-over-year to $238.6 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $880.8 million (up 14.61% YoY) and the FY2025 annual result came in at $841.5 million, up 12.15% from the prior year.
- Cost of Revenue advanced to $238.6 million in Q1 2026, from $226.9 million in the prior quarter.
- In the past five years, Cost of Revenue ranged from a high of $238.6 million in Q1 2026 to a low of $146.1 million in Q1 2022.
- A 5-year average of $188.1 million and a median of $184.9 million in 2024 frame the typical range for Cost of Revenue.
- Annual changes were most pronounced in 2022 — Cost of Revenue surged 44.03% — and 2023, when it declined 6.36%.
- Tracing PINS's Cost of Revenue over 5 years: stood at $185.0 million in 2022, then fell by 3.75% to $178.1 million in 2023, then rose by 10.59% to $197.0 million in 2024, then increased by 15.21% to $226.9 million in 2025, then increased by 5.13% to $238.6 million in 2026.
- The last three Cost of Revenue figures came in at $238.6 million (Q1 2026), $226.9 million (Q4 2025), and $212.3 million (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,214.79 Bn | 3,785.76 Bn | 73.85 Bn | 45.94 Bn |
| 2 | Meta Platforms | 1,535.12 Bn | 1,444.86 Bn | 49.47 Bn | 11.33 Bn |
| 3 | Taboola.com | 1,135.20 Bn | 1,135.07 Bn | 139.48 Mn | 337.35 Mn |
| 4 | Baidu | 289.13 Bn | 284.64 Bn | 1.88 Mn | 2.84 Bn |
| 5 | Spotify Technology | 102.98 Bn | 92.74 Bn | 1.75 Bn | 3.56 Bn |
| 6 | Joyy | 77.83 Bn | 76.94 Bn | 205.64 Mn | 376.28 Mn |
| 7 | BILI Social International | 60.58 Bn | 60.58 Bn | 405,933.00 | 131,586.00 |
| 8 | Nebius | 49.19 Bn | 39.56 Bn | 295.20 Mn | 103.80 Mn |
| 9 | 30.41 Bn | 27.63 Bn | 734.60 Mn | 70.31 Mn | |
| 10 | 13.38 Bn | 12.10 Bn | 922.30 Mn | 257.35 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 257.35 Mn |
| Jun 30, 2026 | 257.35 Mn |
| Mar 31, 2026 | 238.55 Mn |
| Mar 31, 2026 | 238.55 Mn |
| Dec 31, 2025 | 226.92 Mn |
| Dec 31, 2025 | 226.92 Mn |
| Sep 30, 2025 | 212.33 Mn |
| Sep 30, 2025 | 212.33 Mn |
| Jun 30, 2025 | 203.01 Mn |
| Jun 30, 2025 | 203.01 Mn |
| Mar 31, 2025 | 199.27 Mn |
| Mar 31, 2025 | 199.27 Mn |
| Dec 31, 2024 | 196.96 Mn |
| Dec 31, 2024 | 196.96 Mn |
| Sep 30, 2024 | 187.45 Mn |
| Sep 30, 2024 | 187.45 Mn |
| Jun 30, 2024 | 184.86 Mn |
| Jun 30, 2024 | 184.86 Mn |
| Mar 31, 2024 | 181.09 Mn |
| Mar 31, 2024 | 181.09 Mn |