Pinterest (PINS) Interest Expenses (2018 - 2023)
Quarterly Interest Expenses fell 123.56% to -$2.2 million in Q2 2023 from the year-ago period, while the trailing twelve-month figure was -$2.2 million through Mar 2024, down 116.38% year-over-year, with the annual reading at $15.2 million for FY2022, 61.46% up from the prior year.
Pinterest filings provide 6 years of Interest Expenses readings, the most recent being -$2.2 million for Q2 2023.
- Interest Expenses hit -$2.2 million in Q2 2023 for Pinterest, down from -$322000.0 in the prior quarter.
- Across five years, Interest Expenses topped out at $10.1 million in Q3 2022 and bottomed at -$5.7 million in Q4 2022.
- Average Interest Expenses over 5 years is $1.4 million, with a median of $474000.0 recorded in 2019.
- Peak annual rise in Interest Expenses hit 9243.14% in 2021, while the deepest fall reached 2206.25% in 2021.
- Pinterest's Interest Expenses stood at $133000.0 in 2019, then crashed by 1234.59% to -$1.5 million in 2020, then surged by 327.24% to $3.4 million in 2021, then tumbled by 267.22% to -$5.7 million in 2022, then surged by 61.98% to -$2.2 million in 2023.
- Per Business Quant, the three most recent readings for PINS's Interest Expenses are -$2.2 million (Q2 2023), -$322000.0 (Q1 2023), and -$5.7 million (Q4 2022).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Meta Platforms | 1,539.18 Bn | 1,458.00 Bn | 46.09 Bn | - |
| 2 | Spotify Technology | 118.05 Bn | 107.81 Bn | 1.75 Bn | 30.44 Mn |
| 3 | 28.76 Bn | 25.99 Bn | 511.94 Mn | - | |
| 4 | Nebius | 22.38 Bn | 22.38 Bn | 295.20 Mn | -63.70 Mn |
| 5 | 12.01 Bn | 10.71 Bn | 768.96 Mn | - | |
| 6 | Strive | 9.69 Bn | 9.62 Bn | - | - |
| 7 | Snap | 9.60 Bn | 6.78 Bn | 1.29 Bn | 36.76 Mn |
| 8 | Match | 8.34 Bn | 7.31 Bn | 653.28 Mn | 42.53 Mn |
| 9 | Baidu | 5.09 Bn | -5.87 Bn | 1.88 Mn | -92.00 Mn |
| 10 | Iac | 3.16 Bn | 2.06 Bn | 289.86 Mn | 25.86 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2023 | -2.18 Mn |
| Jun 30, 2023 | -2.18 Mn |
| Mar 31, 2023 | -322,000.00 |
| Mar 31, 2023 | -322,000.00 |
| Dec 31, 2022 | -5.73 Mn |
| Dec 31, 2022 | -5.73 Mn |
| Sep 30, 2022 | 10.12 Mn |
| Sep 30, 2022 | 10.12 Mn |
| Jun 30, 2022 | 9.25 Mn |
| Jun 30, 2022 | 9.25 Mn |
| Mar 31, 2022 | 1.20 Mn |
| Mar 31, 2022 | 1.20 Mn |
| Dec 31, 2021 | 3.43 Mn |
| Dec 31, 2021 | 3.43 Mn |
| Sep 30, 2021 | 4.77 Mn |
| Sep 30, 2021 | 4.77 Mn |
| Jun 30, 2021 | -337,000.00 |
| Jun 30, 2021 | -337,000.00 |
| Mar 31, 2021 | 1.56 Mn |
| Mar 31, 2021 | 1.56 Mn |
| Dec 31, 2020 | -1.51 Mn |
| Dec 31, 2020 | -1.51 Mn |
| Sep 30, 2020 | 51,000.00 |
| Sep 30, 2020 | 51,000.00 |
| Jun 30, 2020 | 16,000.00 |
| Jun 30, 2020 | 16,000.00 |
| Mar 31, 2020 | 2.08 Mn |
| Mar 31, 2020 | 2.08 Mn |
| Dec 31, 2019 | 133,000.00 |
| Dec 31, 2019 | 133,000.00 |
| Sep 30, 2019 | 1.06 Mn |
| Sep 30, 2019 | 1.06 Mn |
| Jun 30, 2019 | 448,000.00 |
| Jun 30, 2019 | 448,000.00 |
| Mar 31, 2019 | 500,000.00 |
| Mar 31, 2019 | 500,000.00 |
| Dec 31, 2018 | 621,000.00 |
| Dec 31, 2018 | 621,000.00 |
| Sep 30, 2018 | -82,000.00 |
| Sep 30, 2018 | -82,000.00 |
| Jun 30, 2018 | 214,000.00 |
| Jun 30, 2018 | 214,000.00 |
| Mar 31, 2018 | 242,000.00 |
| Mar 31, 2018 | 242,000.00 |