Pinterest (PINS) EBITDA Margin (2018 - 2026)
Pinterest's (PINS) quarterly EBITDA Margin came in at 7.97% in Q1 2026, down 382.0% YoY from 2.83% in Q1 2025, and down 134.91% on a QoQ basis from 22.83% in Q4 2025.
Analysis
Pinterest (PINS) EBITDA Margin (2018 - 2026) Analysis & Trends
Pinterest (PINS) has 9 years of EBITDA Margin data on file, last reported at 7.97% in Q1 2026.
- Quarterly EBITDA Margin fell 382.0% year-over-year to 7.97% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 6.29% (up 100.0% YoY) and the FY2025 annual result came in at 7.58%, up 265.0% from the prior year.
- EBITDA Margin retreated to 7.97% in Q1 2026, from 22.83% in the prior quarter.
- In the past five years, EBITDA Margin ranged from a high of 22.83% in Q4 2025 to a low of 40.44% in Q1 2023.
- A 5-year average of 1.1% and a median of 0.66% in 2024 frame the typical range for EBITDA Margin.
- Annual changes were most pronounced in 2023 — EBITDA Margin slumped 3980 bps — and 2024, when it jumped 3309 bps.
- Tracing PINS's EBITDA Margin over 5 years: stood at 0.67% in 2022, then jumped by 2890 bps to 20.0% in 2023, then grew by 13 bps to 22.67% in 2024, then increased by 1 bps to 22.83% in 2025, then tumbled by 135 bps to 7.97% in 2026.
- The last three EBITDA Margin figures came in at 7.97% (Q1 2026), 22.83% (Q4 2025), and 5.58% (Q3 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,083.83 Bn | 3,654.79 Bn | 73.85 Bn | 34.03% |
| 2 | Meta Platforms | 1,456.07 Bn | 1,365.81 Bn | 49.47 Bn | 30.88% |
| 3 | Spotify Technology | 111.71 Bn | 104.79 Bn | 1.86 Bn | 21.88% |
| 4 | Nebius | 50.03 Bn | 40.93 Bn | 448.70 Mn | -30.21% |
| 5 | 28.44 Bn | 25.65 Bn | 734.60 Mn | 28.79% | |
| 6 | Bilibili | 13.59 Bn | 11.45 Bn | 433.97 Mn | 4.70% |
| 7 | Tencent Music Entertainment | 12.71 Bn | 9.21 Bn | 582.00 Mn | - |
| 8 | 12.21 Bn | 10.93 Bn | 922.30 Mn | -4.68% | |
| 9 | Match | 9.45 Bn | 8.86 Bn | 648.84 Mn | 30.57% |
| 10 | Snap | 9.26 Bn | 6.60 Bn | 931.11 Mn | -10.68% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -4.68% |
| Mar 31, 2026 | -7.97% |
| Dec 31, 2025 | 22.83% |
| Sep 30, 2025 | 5.58% |
| Jun 30, 2025 | -0.43% |
| Mar 31, 2025 | -4.15% |
| Dec 31, 2024 | 22.67% |
| Sep 30, 2024 | -0.66% |
| Jun 30, 2024 | -2.51% |
| Mar 31, 2024 | -7.35% |
| Dec 31, 2023 | 20.00% |
| Sep 30, 2023 | -0.66% |
| Jun 30, 2023 | -10.34% |
| Mar 31, 2023 | -40.44% |
| Dec 31, 2022 | 0.67% |
| Sep 30, 2022 | -10.13% |
| Jun 30, 2022 | -5.18% |
| Mar 31, 2022 | -0.64% |
| Dec 31, 2021 | 21.19% |
| Sep 30, 2021 | 15.55% |