Pinterest (PINS) Gross Margin (2018 - 2026)
Pinterest's (PINS) quarterly Gross Margin came in at 78.18% in Q2 2026, down 148.0% on a YoY basis from 162.88% in Q2 2025, and up 2.44% quarter-over-quarter from 76.32% in Q1 2026.
Analysis
Pinterest (PINS) Gross Margin (2018 - 2026) Analysis & Trends
Pinterest (PINS) has reported Gross Margin for 9 consecutive years, with 78.18% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Gross Margin fell 148.0% year-over-year to 78.18%; the trailing twelve-month figure through Jun 2026 stood at 79.47% (down 38.0% YoY), and the FY2025 full-year result was 80.07%, up 65.0% from the prior year.
- Gross Margin advanced to 78.18% in Q2 2026 per PINS's latest filing, from 76.32% in the prior quarter.
- Across five years, Gross Margin topped out at 82.93% in Q4 2024 and bottomed at 71.63% in Q1 2023.
- Historically, Gross Margin has averaged 77.7% across 5 years, with a median of 77.89% in 2026.
- The sharpest annual moves came in 2022 and 2023: Gross Margin sank 664 bps in 2022, then soared 427 bps in 2023.
- Over 5 years, Gross Margin stood at 78.91% in 2022, then increased by 4 bps to 81.85% in 2023, then rose by 1 bps to 82.93% in 2024, then decreased by 0 bps to 82.8% in 2025, then declined by 6 bps to 78.18% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 78.18%, 76.32%, and 82.8% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Meta Platforms | 1,696.33 Bn | 1,606.07 Bn | 49.47 Bn | 81.37% |
| 2 | 29.01 Bn | 26.23 Bn | 734.60 Mn | 91.27% | |
| 3 | Bilibili | 12.48 Bn | 10.34 Bn | 433.97 Mn | 37.22% |
| 4 | 10.51 Bn | 9.24 Bn | 922.30 Mn | 78.18% | |
| 5 | Match | 9.93 Bn | 9.35 Bn | 648.84 Mn | 76.06% |
| 6 | Snap | 9.56 Bn | 6.90 Bn | 931.11 Mn | 58.23% |
| 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 | 34.13% |
| 10 | Grindr | 2.68 Bn | 2.67 Bn | 103.57 Mn | 74.98% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 78.18% |
| Mar 31, 2026 | 76.32% |
| Dec 31, 2025 | 82.80% |
| Sep 30, 2025 | 79.76% |
| Jun 30, 2025 | 79.66% |
| Mar 31, 2025 | 76.69% |
| Dec 31, 2024 | 82.93% |
| Sep 30, 2024 | 79.13% |
| Jun 30, 2024 | 78.35% |
| Mar 31, 2024 | 75.53% |
| Dec 31, 2023 | 81.85% |
| Sep 30, 2023 | 77.59% |
| Jun 30, 2023 | 76.17% |
| Mar 31, 2023 | 71.63% |
| Dec 31, 2022 | 78.91% |
| Sep 30, 2022 | 73.33% |
| Jun 30, 2022 | 75.24% |
| Mar 31, 2022 | 74.59% |
| Dec 31, 2021 | 83.32% |
| Sep 30, 2021 | 79.97% |