Pinterest PINS
NYSE PINS
$18.59 +0.28 (+1.53%)
At close: Sep 18, 2026 · 4:00 PM EDT

Pinterest (PINS) Operating Expenses (2018 - 2026)

Pinterest's (PINS) quarterly Operating Expenses came in at $1.2 billion in Q2 2026, up 23.17% on a YoY basis from $1.0 billion in Q2 2025, and up 13.52% quarter-over-quarter from $1.1 billion in Q1 2026.

Analysis

Pinterest (PINS) Operating Expenses (2018 - 2026) Analysis & Trends

Pinterest (PINS) has reported Operating Expenses for 9 consecutive years, with $1.2 billion the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Operating Expenses rose 23.17% year-over-year to $1.2 billion; the trailing twelve-month figure through Jun 2026 stood at $4.3 billion (up 17.39% YoY), and the FY2025 full-year result was $3.9 billion, up 12.56% from the prior year.
  • Operating Expenses improved to $1.2 billion in Q2 2026 per PINS's latest filing, from $1.1 billion in the prior quarter.
  • Across five years, Operating Expenses topped out at $1.2 billion in Q2 2026 and bottomed at $578.6 million in Q1 2022.
  • Historically, Operating Expenses has averaged $876.4 million across 5 years, with a median of $873.2 million in 2022.
  • The widest YoY moves for Operating Expenses: up 46.27% in 2023, down 9.91% in 2023.
  • Over 5 years, Operating Expenses stood at $871.3 million in 2022, then slipped by 9.91% to $785.0 million in 2023, then advanced by 13.7% to $892.5 million in 2024, then grew by 14.08% to $1.0 billion in 2025, then rose by 21.28% to $1.2 billion in 2026.
  • According to Business Quant data, Operating Expenses over the past three periods registered $1.2 billion, $1.1 billion, and $1.0 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Meta Platforms 1,696.33 Bn 1,606.07 Bn 49.47 Bn 42.03 Bn
2 Reddit 29.01 Bn 26.23 Bn 734.60 Mn 573.19 Mn
3 Bilibili 12.48 Bn 10.34 Bn 433.97 Mn -379.21 Mn
4 Pinterest 10.51 Bn 9.24 Bn 922.30 Mn 1.23 Bn
5 Match 9.93 Bn 9.35 Bn 648.84 Mn 607.66 Mn
6 Snap 9.56 Bn 6.90 Bn 931.11 Mn 1.77 Bn
7 Rum 5.38 Bn 5.26 Bn - 111.15 Mn
8 Sound 4.72 Bn 4.61 Bn - -
9 Joyy 4.14 Bn 3.82 Bn 201.60 Mn -188.24 Mn
10 Grindr 2.68 Bn 2.67 Bn 103.57 Mn 105.64 Mn
Historic Data

Historic Data

Download Data
DateValue
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