Pinterest (PINS) Interest Expenses (2018 - 2023)
Pinterest (PINS) reported Interest Expenses of -$2.2 million for 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.
Pinterest (PINS) Interest Expenses (2018 - 2023) Analysis & Trends
Pinterest has reported Interest Expenses for 6 years, with the latest figure at -$2.2 million 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 Mar 2024 stood at -$2.2 million (down 116.38% YoY), and the FY2022 full-year result was $15.2 million, up 61.46% from the prior year.
- Interest Expenses for Q2 2023 stood at -$2.2 million, down from -$322000.0 in the prior quarter.
- The five-year high for Interest Expenses was $10.1 million in Q3 2022, with the low 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 largest YoY upside for Interest Expenses was 9243.14% in 2021 against a maximum downside of 2206.25% in 2021.
- Pinterest's Interest Expenses stood at $133000.0 in 2019, then sank by 1234.59% to -$1.5 million in 2020, then jumped by 327.24% to $3.4 million in 2021, then tumbled by 267.22% to -$5.7 million in 2022, then jumped by 61.98% to -$2.2 million in 2023.
- The last three Interest Expenses figures came in at -$2.2 million (Q2 2023), -$322000.0 (Q1 2023), and -$5.7 million (Q4 2022), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Nebius | 1,942,920.03 Bn | 1,942,920.03 Bn | 295.20 Mn | -63.70 Mn |
| 2 | Alphabet | 4,333.14 Bn | 4,117.52 Bn | 102.29 Bn | - |
| 3 | Meta Platforms | 1,436.75 Bn | 1,355.57 Bn | 46.09 Bn | - |
| 4 | Spotify Technology | 115.76 Bn | 105.52 Bn | 1.75 Bn | -30.44 Mn |
| 5 | 31.07 Bn | 28.30 Bn | 511.94 Mn | - | |
| 6 | 12.92 Bn | 11.62 Bn | 768.96 Mn | - | |
| 7 | Kanzhun | 12.73 Bn | 10.63 Bn | 255.62 Bn | - |
| 8 | Snap | 8.83 Bn | 6.00 Bn | 1.29 Bn | 36.76 Mn |
| 9 | Match | 8.15 Bn | 7.13 Bn | 653.28 Mn | 42.53 Mn |
| 10 | Zillow | 7.57 Bn | 6.79 Bn | 519.00 Mn | 4.00 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 |