Pinterest (PINS) Research & Development (2018 - 2026)
Pinterest's (PINS) quarterly Research & Development came in at $451.0 million in Q2 2026, up 25.41% on a YoY basis from $359.6 million in Q2 2025, and up 18.44% quarter-over-quarter from $380.8 million in Q1 2026.
Analysis
Pinterest (PINS) Research & Development (2018 - 2026) Analysis & Trends
Pinterest (PINS) has reported Research & Development for 9 consecutive years, with $451.0 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Research & Development rose 25.41% year-over-year to $451.0 million; the trailing twelve-month figure through Jun 2026 stood at $1.6 billion (up 17.12% YoY), and the FY2025 full-year result was $1.4 billion, up 15.06% from the prior year.
- Research & Development advanced to $451.0 million in Q2 2026 per PINS's latest filing, from $380.8 million in the prior quarter.
- Across five years, Research & Development topped out at $451.0 million in Q2 2026 and bottomed at $195.5 million in Q1 2022.
- Historically, Research & Development has averaged $306.5 million across 5 years, with a median of $296.6 million in 2024.
- The sharpest annual moves came in 2022 and 2023: Research & Development jumped 36.96% in 2022, then gained 1.03% in 2023.
- Over 5 years, Research & Development stood at $265.2 million in 2022, then increased by 1.03% to $268.0 million in 2023, then increased by 19.7% to $320.8 million in 2024, then gained by 13.76% to $364.9 million in 2025, then gained by 23.6% to $451.0 million in 2026.
- According to Business Quant data, Research & Development over the past three periods registered $451.0 million, $380.8 million, and $364.9 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Meta Platforms | 1,696.33 Bn | 1,606.07 Bn | 49.47 Bn | 21.66 Bn |
| 2 | 29.01 Bn | 26.23 Bn | 734.60 Mn | 231.28 Mn | |
| 3 | Bilibili | 12.48 Bn | 10.34 Bn | 433.97 Mn | -148.13 Mn |
| 4 | 10.51 Bn | 9.24 Bn | 922.30 Mn | 451.01 Mn | |
| 5 | Match | 9.93 Bn | 9.35 Bn | 648.84 Mn | 158.25 Mn |
| 6 | Snap | 9.56 Bn | 6.90 Bn | 931.11 Mn | 542.09 Mn |
| 7 | Rum | 5.38 Bn | 5.26 Bn | - | 10.38 Mn |
| 8 | Sound | 4.72 Bn | 4.61 Bn | - | - |
| 9 | Joyy | 4.14 Bn | 3.82 Bn | 201.60 Mn | -53.02 Mn |
| 10 | Grindr | 2.68 Bn | 2.67 Bn | 103.57 Mn | 20.31 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 451.01 Mn |
| 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 |