Pinterest (PINS) Research & Development (2018 - 2026)

Pinterest (PINS) reported Research & Development of $380.8 million for Q1 2026, up 14.81% on a YoY basis from $331.7 million in Q1 2025, and up 4.35% quarter-over-quarter from $364.9 million in Q4 2025.

Pinterest (PINS) Research & Development (2018 - 2026) Analysis & Trends

Pinterest has reported Research & Development for 9 years, with the latest figure at $380.8 million in Q1 2026.

  • For the quarter ending Q1 2026, Research & Development rose 14.81% year-over-year to $380.8 million; the trailing twelve-month figure through Mar 2026 stood at $1.5 billion (up 14.29% YoY), and the FY2025 full-year result was $1.4 billion, up 15.06% from the prior year.
  • Research & Development for Q1 2026 stood at $380.8 million, up from $364.9 million in the prior quarter.
  • The five-year high for Research & Development was $380.8 million in Q1 2026, with the low at $195.5 million in Q1 2022.
  • Historically, Research & Development has averaged $298.0 million across 5 years, with a median of $280.3 million in 2024.
  • Annual changes were most pronounced in 2022 — Research & Development soared 36.96% — and 2023, when it rose 1.03%.
  • Pinterest's Research & Development stood at $265.2 million in 2022, then climbed by 1.03% to $268.0 million in 2023, then climbed by 19.7% to $320.8 million in 2024, then increased by 13.76% to $364.9 million in 2025, then rose by 4.35% to $380.8 million in 2026.
  • The last three Research & Development figures came in at $380.8 million (Q1 2026), $364.9 million (Q4 2025), and $371.3 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Nebius 1,942,920.03 Bn 1,942,920.03 Bn 295.20 Mn 67.40 Mn
2 Alphabet 4,333.14 Bn 4,117.52 Bn 102.29 Bn 17.03 Bn
3 Meta Platforms 1,436.75 Bn 1,355.57 Bn 46.09 Bn 17.70 Bn
4 Spotify Technology 115.76 Bn 105.52 Bn 1.75 Bn 387.52 Mn
5 Reddit 31.07 Bn 28.30 Bn 511.94 Mn 207.25 Mn
6 Pinterest 12.92 Bn 11.62 Bn 768.96 Mn 380.79 Mn
7 Kanzhun 12.73 Bn 10.63 Bn 255.62 Bn -61.44 Bn
8 Snap 8.83 Bn 6.00 Bn 1.29 Bn 478.30 Mn
9 Match 8.15 Bn 7.13 Bn 653.28 Mn 116.81 Mn
10 Zillow 7.57 Bn 6.79 Bn 519.00 Mn 150.00 Mn

Historic Data

Download Data
DateValue
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