Pinterest (PINS) Net Margin (2018 - 2026)
Pinterest's (PINS) quarterly Net Margin came in at 6.3% in Q1 2026, down 735.0% YoY from 0.99% in Q1 2025, and down 130.01% on a QoQ basis from 21.0% in Q4 2025.
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Pinterest (PINS) Net Margin (2018 - 2026) Analysis & Trends
Pinterest (PINS) has 9 years of Net Margin data on file, last reported at 6.3% in Q1 2026.
- Quarterly Net Margin fell 735.0% year-over-year to 6.3% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 7.87% (down 4253.0% YoY) and the FY2025 annual result came in at 9.87%, down 4120.0% from the prior year.
- Net Margin eased to 6.3% in Q1 2026, from 21.0% in the prior quarter.
- In the past five years, Net Margin ranged from a high of 160.08% in Q4 2024 to a low of 34.61% in Q1 2023.
- A 5-year average of 9.18% and a median of 1.01% in 2024 frame the typical range for Net Margin.
- Annual changes were most pronounced in 2024 — Net Margin jumped 13957 bps — and 2025, when it plunged 13907 bps.
- Tracing PINS's Net Margin over 5 years: stood at 1.99% in 2022, then soared by 928 bps to 20.5% in 2023, then soared by 681 bps to 160.08% in 2024, then slumped by 87 bps to 21.0% in 2025, then sank by 130 bps to 6.3% in 2026.
- The last three Net Margin figures came in at 6.3% (Q1 2026), 21.0% (Q4 2025), and 8.78% (Q3 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,083.83 Bn | 3,654.79 Bn | 73.85 Bn | 93.58% |
| 2 | Meta Platforms | 1,456.07 Bn | 1,365.81 Bn | 49.47 Bn | 26.07% |
| 3 | Spotify Technology | 111.71 Bn | 104.79 Bn | 1.86 Bn | 11.41% |
| 4 | Nebius | 50.03 Bn | 40.93 Bn | 448.70 Mn | -2.47% |
| 5 | 28.44 Bn | 25.65 Bn | 734.60 Mn | 31.41% | |
| 6 | Bilibili | 13.59 Bn | 11.45 Bn | 433.97 Mn | 4.33% |
| 7 | Tencent Music Entertainment | 12.71 Bn | 9.21 Bn | 582.00 Mn | - |
| 8 | 12.21 Bn | 10.93 Bn | 922.30 Mn | -3.96% | |
| 9 | Match | 9.45 Bn | 8.86 Bn | 648.84 Mn | 19.99% |
| 10 | Snap | 9.26 Bn | 6.60 Bn | 931.11 Mn | -10.26% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -3.96% |
| Mar 31, 2026 | -7.30% |
| Dec 31, 2025 | 21.00% |
| Sep 30, 2025 | 8.78% |
| Jun 30, 2025 | 3.88% |
| Mar 31, 2025 | 1.04% |
| Dec 31, 2024 | 160.08% |
| Sep 30, 2024 | 3.40% |
| Jun 30, 2024 | 1.04% |
| Mar 31, 2024 | -3.35% |
| Dec 31, 2023 | 20.50% |
| Sep 30, 2023 | 0.88% |
| Jun 30, 2023 | -4.94% |
| Mar 31, 2023 | -34.61% |
| Dec 31, 2022 | 1.99% |
| Sep 30, 2022 | -9.52% |
| Jun 30, 2022 | -6.47% |
| Mar 31, 2022 | -0.92% |
| Dec 31, 2021 | 20.63% |
| Sep 30, 2021 | 14.85% |