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 Reddit 31.07 Bn 28.30 Bn 511.94 Mn -
6 Pinterest 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
DateValue
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