Pinterest (PINS) Operating Margin (2018 - 2026)
Pinterest's (PINS) quarterly Operating Margin came in at 4.68% in Q2 2026, down 425.0% on a YoY basis from 1.44% in Q2 2025, and up 41.29% quarter-over-quarter from 7.97% in Q1 2026.
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Pinterest (PINS) Operating Margin (2018 - 2026) Analysis & Trends
Pinterest (PINS) has reported Operating Margin for 9 consecutive years, with 4.68% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Operating Margin fell 425.0% year-over-year to 4.68%; the trailing twelve-month figure through Jun 2026 stood at 4.92% (down 61.0% YoY), and the FY2025 full-year result was 7.58%, up 265.0% from the prior year.
- Operating Margin rose to 4.68% in Q2 2026 per PINS's latest filing, from 7.97% in the prior quarter.
- Across five years, Operating Margin topped out at 22.83% in Q4 2025 and bottomed at 40.44% in Q1 2023.
- Historically, Operating Margin has averaged 1.3% across 5 years, with a median of 1.59% in 2024.
- The sharpest annual moves came in 2023 and 2024: Operating Margin tumbled 3980 bps in 2023, then surged 3309 bps in 2024.
- Over 5 years, Operating Margin stood at 0.67% in 2022, then soared by 2890 bps to 20.0% in 2023, then rose by 13 bps to 22.67% in 2024, then gained by 1 bps to 22.83% in 2025, then tumbled by 120 bps to 4.68% in 2026.
- According to Business Quant data, Operating Margin over the past three periods registered 4.68%, 7.97%, and 22.83% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Meta Platforms | 1,696.33 Bn | 1,606.07 Bn | 49.47 Bn | 30.88% |
| 2 | 29.01 Bn | 26.23 Bn | 734.60 Mn | 28.79% | |
| 3 | Bilibili | 12.48 Bn | 10.34 Bn | 433.97 Mn | 4.70% |
| 4 | 10.51 Bn | 9.24 Bn | 922.30 Mn | -4.68% | |
| 5 | Match | 9.93 Bn | 9.35 Bn | 648.84 Mn | 28.77% |
| 6 | Snap | 9.56 Bn | 6.90 Bn | 931.11 Mn | -10.68% |
| 7 | Rum | 5.38 Bn | 5.26 Bn | - | -175.35% |
| 8 | Sound | 4.72 Bn | 4.61 Bn | - | - |
| 9 | Joyy | 4.14 Bn | 3.82 Bn | 201.60 Mn | 2.34% |
| 10 | Grindr | 2.68 Bn | 2.67 Bn | 103.57 Mn | 23.53% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -4.68% |
| Mar 31, 2026 | -7.97% |
| Dec 31, 2025 | 22.83% |
| Sep 30, 2025 | 5.58% |
| Jun 30, 2025 | -0.43% |
| Mar 31, 2025 | -4.15% |
| Dec 31, 2024 | 22.67% |
| Sep 30, 2024 | -0.66% |
| Jun 30, 2024 | -2.51% |
| Mar 31, 2024 | -7.35% |
| Dec 31, 2023 | 20.00% |
| Sep 30, 2023 | -0.66% |
| Jun 30, 2023 | -10.34% |
| Mar 31, 2023 | -40.44% |
| Dec 31, 2022 | 0.67% |
| Sep 30, 2022 | -10.13% |
| Jun 30, 2022 | -5.18% |
| Mar 31, 2022 | -0.64% |
| Dec 31, 2021 | 21.19% |
| Sep 30, 2021 | 15.55% |