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 | 31.07 Bn | 28.30 Bn | 511.94 Mn | 207.25 Mn | |
| 6 | 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| 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 |