Pinterest (PINS) Research & Development (2018 - 2026)
Quarterly Research & Development rose 14.81% to $380.8 million in Q1 2026 from the year-ago period, while the trailing twelve-month figure was $1.5 billion through Mar 2026, up 14.29% year-over-year, with the annual reading at $1.4 billion for FY2025, 15.06% up from the prior year.
Pinterest filings provide 9 years of Research & Development readings, the most recent being $380.8 million for Q1 2026.
- Research & Development hit $380.8 million in Q1 2026 for Pinterest, up from $364.9 million in the prior quarter.
- Across five years, Research & Development topped out at $380.8 million in Q1 2026 and bottomed at $195.5 million in Q1 2022.
- Average Research & Development over 5 years is $298.0 million, with a median of $280.3 million recorded in 2024.
- The largest annual shift saw Research & Development skyrocketed 36.96% in 2022 before it grew 1.03% in 2023.
- Pinterest's Research & Development stood at $265.2 million in 2022, then grew by 1.03% to $268.0 million in 2023, then grew by 19.7% to $320.8 million in 2024, then rose by 13.76% to $364.9 million in 2025, then grew by 4.35% to $380.8 million in 2026.
- Per Business Quant, the three most recent readings for PINS's Research & Development are $380.8 million (Q1 2026), $364.9 million (Q4 2025), and $371.3 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Meta Platforms | 1,539.18 Bn | 1,458.00 Bn | 46.09 Bn | 17.70 Bn |
| 2 | Spotify Technology | 118.05 Bn | 107.81 Bn | 1.75 Bn | 387.52 Mn |
| 3 | 28.76 Bn | 25.99 Bn | 511.94 Mn | 207.25 Mn | |
| 4 | Nebius | 22.38 Bn | 22.38 Bn | 295.20 Mn | 67.40 Mn |
| 5 | 12.01 Bn | 10.71 Bn | 768.96 Mn | 380.79 Mn | |
| 6 | Strive | 9.69 Bn | 9.62 Bn | - | - |
| 7 | Snap | 9.60 Bn | 6.78 Bn | 1.29 Bn | 478.30 Mn |
| 8 | Match | 8.34 Bn | 7.31 Bn | 653.28 Mn | 116.81 Mn |
| 9 | Baidu | 5.09 Bn | -5.87 Bn | 1.88 Mn | 635.00 Mn |
| 10 | Iac | 3.16 Bn | 2.06 Bn | 289.86 Mn | 39.70 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 380.79 Mn |
| Dec 31, 2025 | 364.91 Mn |
| Sep 30, 2025 | 371.25 Mn |
| Jun 30, 2025 | 359.62 Mn |
| Mar 31, 2025 | 331.67 Mn |
| Dec 31, 2024 | 320.77 Mn |
| Sep 30, 2024 | 326.68 Mn |
| Jun 30, 2024 | 312.84 Mn |
| Mar 31, 2024 | 280.28 Mn |
| Dec 31, 2023 | 267.98 Mn |
| Sep 30, 2023 | 264.70 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 | 195.55 Mn |
| Dec 31, 2021 | 240.86 Mn |
| Sep 30, 2021 | 185.95 Mn |
| Jun 30, 2021 | 181.73 Mn |
| Mar 31, 2021 | 171.73 Mn |
| Dec 31, 2020 | 163.71 Mn |
| Sep 30, 2020 | 160.19 Mn |
| Jun 30, 2020 | 136.59 Mn |
| Mar 31, 2020 | 145.70 Mn |
| Dec 31, 2019 | 165.03 Mn |
| Sep 30, 2019 | 167.70 Mn |
| Jun 30, 2019 | 801.88 Mn |
| Mar 31, 2019 | 72.44 Mn |
| Dec 31, 2018 | 66.47 Mn |
| Sep 30, 2018 | 63.54 Mn |
| Jun 30, 2018 | 61.60 Mn |
| Mar 31, 2018 | 60.05 Mn |