Pinterest (PINS) Interest Expenses (2018 - 2023)
Pinterest's (PINS) quarterly Interest Expenses came in at -$2.2 million in Q2 2023, down 123.56% on a YoY basis from $9.3 million in Q2 2022, and down 577.02% quarter-over-quarter from -$322000.0 in Q1 2023.
Analysis
Pinterest (PINS) Interest Expenses (2018 - 2023) Analysis & Trends
Pinterest (PINS) has reported Interest Expenses for 6 consecutive years, with -$2.2 million the latest figure, recorded in Q2 2023.
- For the quarter ending Q2 2023, Interest Expenses fell 123.56% year-over-year to -$2.2 million; the trailing twelve-month figure through Jun 2023 stood at $1.9 million (down 89.92% YoY), and the FY2022 full-year result was $15.2 million, up 61.46% from the prior year.
- Interest Expenses fell to -$2.2 million in Q2 2023 per PINS's latest filing, 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.
- Historically, Interest Expenses has averaged $1.4 million across 5 years, with a median of $474000.0 in 2019.
- The widest YoY moves for Interest Expenses: up 9243.14% in 2021, down 2206.25% in 2021.
- Over 5 years, Interest Expenses stood at $133000.0 in 2019, then tumbled by 1234.59% to -$1.5 million in 2020, then soared by 327.24% to $3.4 million in 2021, then sank by 267.22% to -$5.7 million in 2022, then soared by 61.98% to -$2.2 million in 2023.
- According to Business Quant data, Interest Expenses over the past three periods registered -$2.2 million, -$322000.0, and -$5.7 million for Q2 2023, Q1 2023, and Q4 2022 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (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 | -5.51 Mn |
| 4 | 10.51 Bn | 9.24 Bn | 922.30 Mn | - | |
| 5 | Match | 9.93 Bn | 9.35 Bn | 648.84 Mn | 42.38 Mn |
| 6 | Snap | 9.56 Bn | 6.90 Bn | 931.11 Mn | 36.94 Mn |
| 7 | Rum | 5.38 Bn | 5.26 Bn | - | 4.83 Mn |
| 8 | Sound | 4.72 Bn | 4.61 Bn | - | - |
| 9 | Joyy | 4.14 Bn | 3.82 Bn | 201.60 Mn | -112,000.00 |
| 10 | Grindr | 2.68 Bn | 2.67 Bn | 103.57 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2023 | -2.18 Mn |
| Mar 31, 2023 | -322,000.00 |
| Dec 31, 2022 | -5.73 Mn |
| Sep 30, 2022 | 10.12 Mn |
| Jun 30, 2022 | 9.25 Mn |
| Mar 31, 2022 | 1.20 Mn |
| Dec 31, 2021 | 3.43 Mn |
| Sep 30, 2021 | 4.77 Mn |
| Jun 30, 2021 | -337,000.00 |
| Mar 31, 2021 | 1.56 Mn |
| Dec 31, 2020 | -1.51 Mn |
| Sep 30, 2020 | 51,000.00 |
| Jun 30, 2020 | 16,000.00 |
| Mar 31, 2020 | 2.08 Mn |
| Dec 31, 2019 | 133,000.00 |
| Sep 30, 2019 | 1.06 Mn |
| Jun 30, 2019 | 448,000.00 |
| Mar 31, 2019 | 500,000.00 |
| Dec 31, 2018 | 621,000.00 |
| Sep 30, 2018 | -82,000.00 |