Pinterest (PINS) Research & Development (2018 - 2026)
Pinterest's (PINS) quarterly Research & Development came in at $317.9 million in Q1 2026, up 25.18% YoY from $253.9 million in Q1 2025, and up 4.89% on a QoQ basis from $303.0 million in Q4 2025.
Pinterest (PINS) Research & Development (2018 - 2026) Analysis & Trends
Pinterest (PINS) has 9 years of Research & Development data on file, last reported at $317.9 million in Q1 2026.
- Quarterly Research & Development rose 25.18% year-over-year to $317.9 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $1.4 billion (up 48.91% YoY) and the FY2025 annual result came in at $1.2 billion, up 15.31% from the prior year.
- Research & Development rose to $317.9 million in Q1 2026, from $303.0 million in the prior quarter.
- In the past five years, Research & Development ranged from a high of $371.3 million in Q3 2025 to a low of $92.0 million in Q4 2024.
- A 5-year average of $252.1 million and a median of $254.7 million in 2022 frame the typical range for Research & Development.
- Annual changes were most pronounced in 2023 — Research & Development plunged 58.25% — and 2025, when it jumped 229.45%.
- Tracing PINS's Research & Development over 5 years: stood at $265.2 million in 2022, then sank by 58.25% to $110.7 million in 2023, then decreased by 16.93% to $92.0 million in 2024, then jumped by 229.45% to $303.0 million in 2025, then gained by 4.89% to $317.9 million in 2026.
- The last three Research & Development figures came in at $317.9 million (Q1 2026), $303.0 million (Q4 2025), and $371.3 million (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,239.00 Bn | 3,809.96 Bn | 73.85 Bn | 18.22 Bn |
| 2 | Meta Platforms | 1,535.20 Bn | 1,444.94 Bn | 49.47 Bn | 21.66 Bn |
| 3 | Taboola.com | 1,139.07 Bn | 1,138.93 Bn | 139.48 Mn | 67.16 Mn |
| 4 | Baidu | 289.02 Bn | 284.53 Bn | 1.88 Mn | 635.00 Mn |
| 5 | Spotify Technology | 102.92 Bn | 92.68 Bn | 1.75 Bn | 387.52 Mn |
| 6 | Joyy | 77.84 Bn | 76.96 Bn | 205.64 Mn | -61.54 Mn |
| 7 | BILI Social International | 60.58 Bn | 60.58 Bn | 405,933.00 | - |
| 8 | Nebius | 49.06 Bn | 39.43 Bn | 295.20 Mn | 67.40 Mn |
| 9 | 30.48 Bn | 27.70 Bn | 734.60 Mn | 231.28 Mn | |
| 10 | 13.44 Bn | 12.17 Bn | 922.30 Mn | 451.01 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 451.01 Mn |
| Mar 31, 2026 | 317.85 Mn |
| Dec 31, 2025 | 303.03 Mn |
| Sep 30, 2025 | 371.25 Mn |
| Jun 30, 2025 | 359.62 Mn |
| Mar 31, 2025 | 253.92 Mn |
| Dec 31, 2024 | 91.98 Mn |
| Sep 30, 2024 | 249.03 Mn |
| Jun 30, 2024 | 312.84 Mn |
| Mar 31, 2024 | 226.29 Mn |
| Dec 31, 2023 | 110.73 Mn |
| Sep 30, 2023 | 225.93 Mn |
| Jun 30, 2023 | 269.39 Mn |
| Mar 31, 2023 | 266.35 Mn |
| Dec 31, 2022 | 265.24 Mn |
| Sep 30, 2022 | 254.68 Mn |
| Jun 30, 2022 | 233.51 Mn |
| Mar 31, 2022 | 173.95 Mn |
| Dec 31, 2021 | 101.87 Mn |
| Sep 30, 2021 | 185.95 Mn |