Pinterest PINS
NYSE PINS
$21.72 -1.48 (-6.36%)
As of: Aug 31, 2026 · 3:59 PM EDT

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.

Analysis

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.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Alphabet 4,083.83 Bn 3,654.79 Bn 73.85 Bn 18.22 Bn
2 Meta Platforms 1,456.07 Bn 1,365.81 Bn 49.47 Bn 21.66 Bn
3 Spotify Technology 111.71 Bn 104.79 Bn 1.86 Bn 468.43 Mn
4 Nebius 50.03 Bn 40.93 Bn 448.70 Mn 191.00 Mn
5 Reddit 28.44 Bn 25.65 Bn 734.60 Mn 231.28 Mn
6 Bilibili 13.59 Bn 11.45 Bn 433.97 Mn -148.13 Mn
7 Tencent Music Entertainment 12.71 Bn 9.21 Bn 582.00 Mn -35.00 Mn
8 Pinterest 12.21 Bn 10.93 Bn 922.30 Mn 451.01 Mn
9 Match 9.45 Bn 8.86 Bn 648.84 Mn 158.25 Mn
10 Snap 9.26 Bn 6.60 Bn 931.11 Mn 542.09 Mn
Historic Data

Historic Data

Download Data
DateValue
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