Pinterest (PINS) Operating Expenses (2018 - 2026)
Pinterest's (PINS) quarterly Operating Expenses came in at $1.1 billion in Q1 2026, up 22.16% YoY from $890.5 million in Q1 2025, and up 6.84% on a QoQ basis from $1.0 billion in Q4 2025.
Pinterest (PINS) Operating Expenses (2018 - 2026) Analysis & Trends
Pinterest (PINS) has 9 years of Operating Expenses data on file, last reported at $1.1 billion in Q1 2026.
- Quarterly Operating Expenses rose 22.16% year-over-year to $1.1 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $4.1 billion (up 15.07% YoY) and the FY2025 annual result came in at $3.9 billion, up 12.56% from the prior year.
- Operating Expenses advanced to $1.1 billion in Q1 2026, from $1.0 billion in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $1.1 billion in Q1 2026 to a low of $578.6 million in Q1 2022.
- A 5-year average of $855.4 million and a median of $871.3 million in 2022 frame the typical range for Operating Expenses.
- The widest YoY moves for Operating Expenses: up 46.27% in 2023, down 9.91% in 2023.
- Tracing PINS's Operating Expenses over 5 years: stood at $871.3 million in 2022, then retreated by 9.91% to $785.0 million in 2023, then rose by 13.7% to $892.5 million in 2024, then advanced by 14.08% to $1.0 billion in 2025, then gained by 6.84% to $1.1 billion in 2026.
- The last three Operating Expenses figures came in at $1.1 billion (Q1 2026), $1.0 billion (Q4 2025), and $990.7 million (Q3 2025), per Business Quant data.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,239.00 Bn | 3,809.96 Bn | 73.85 Bn | 79.03 Bn |
| 2 | Meta Platforms | 1,535.20 Bn | 1,444.94 Bn | 49.47 Bn | 42.03 Bn |
| 3 | Taboola.com | 1,139.07 Bn | 1,138.93 Bn | 139.48 Mn | 132.22 Mn |
| 4 | Baidu | 289.02 Bn | 284.53 Bn | 1.88 Mn | 4.19 Bn |
| 5 | Spotify Technology | 102.92 Bn | 92.68 Bn | 1.75 Bn | 512.79 Mn |
| 6 | Joyy | 77.84 Bn | 76.96 Bn | 205.64 Mn | -187.82 Mn |
| 7 | BILI Social International | 60.58 Bn | 60.58 Bn | 405,933.00 | 303,858.00 |
| 8 | Nebius | 49.06 Bn | 39.43 Bn | 295.20 Mn | 527.00 Mn |
| 9 | 30.48 Bn | 27.70 Bn | 734.60 Mn | 573.19 Mn | |
| 10 | 13.44 Bn | 12.17 Bn | 922.30 Mn | 1.23 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 1.23 Bn |
| Mar 31, 2026 | 1.09 Bn |
| Dec 31, 2025 | 1.02 Bn |
| Sep 30, 2025 | 990.69 Mn |
| Jun 30, 2025 | 1.00 Bn |
| Mar 31, 2025 | 890.47 Mn |
| Dec 31, 2024 | 892.54 Mn |
| Sep 30, 2024 | 904.29 Mn |
| Jun 30, 2024 | 875.12 Mn |
| Mar 31, 2024 | 794.40 Mn |
| Dec 31, 2023 | 785.01 Mn |
| Sep 30, 2023 | 768.20 Mn |
| Jun 30, 2023 | 781.27 Mn |
| Mar 31, 2023 | 846.27 Mn |
| Dec 31, 2022 | 871.34 Mn |
| Sep 30, 2022 | 753.93 Mn |
| Jun 30, 2022 | 700.44 Mn |
| Mar 31, 2022 | 578.55 Mn |
| Dec 31, 2021 | 667.21 Mn |
| Sep 30, 2021 | 534.48 Mn |