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Get filing alertsPinterest reports Q2 2026 revenue of $1.18B (+18% YoY), 640M MAUs, and $2B in buybacks YTD
Filed August 4, 2026 · Period ending August 4, 2026 · ~1 min read
Key Changes
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high
Completed over $2B in share repurchases year-to-date at an average price of $18.17/share, representing significant capital return to shareholders.
Exhibit 99.1 view on EDGAR → -
high
Q2 2026 revenue reached $1.18B (+18% YoY, +17% constant currency) with global MAUs hitting an all-time high of 640M (+11% YoY).
Exhibit 99.1 view on EDGAR → -
high
Issued convertible notes generating net proceeds of ~$980M and purchased related capped calls for $99M; notes include amounts attributable to related party transactions.
Exhibit 99.1 view on EDGAR → -
high
Guided Q3 2026 revenue to $1.19B-$1.21B (+13-15% YoY) and Adjusted EBITDA to $335M-$355M, assuming modest FX headwind.
Exhibit 99.1 view on EDGAR → -
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Generated $270M in free cash flow and $311M in Adjusted EBITDA despite a $47M GAAP net loss, demonstrating strong operational cash generation.
Exhibit 99.1 view on EDGAR →
Summary
Pinterest delivered a strong Q2 2026, with revenue growing 18% year-over-year to $1.18 billion and monthly active users reaching an all-time high of 640 million. The company demonstrated robust monetization across all geographies, with U.S./Canada ARPU up 14% to $8.30 and Rest of World revenue surging 38% despite lower per-user monetization. Despite a GAAP net loss of $47 million, Pinterest generated $270 million in free cash flow, underscoring healthy operational performance.
The company returned over $2 billion to shareholders through buybacks in the first half of 2026 at an average price of $18.17 per share, while also raising approximately $980 million through convertible notes (which include related party transaction components). This dual capital allocation approach—aggressive buybacks funded partly by convertible debt—signals management confidence in the stock's valuation while maintaining financial flexibility. Q3 guidance of $1.19-$1.21 billion in revenue (13-15% growth) suggests continued momentum, though growth is moderating from Q2's 18% pace.
Section-by-Section Diff
Event · Item 2.02 — Results of Operations and Financial Condition
Pinterest announced Q2 2026 financial results via press release and conference call on August 4, 2026.
Added in current filing · verify on EDGAR →
On August 4, 2026, Pinterest, Inc. (the "Company") announced its financial results for the quarter ended June 30, 2026 by issuing a press release.
Pinterest disclosed its financial results for the second quarter of 2026 (ended June 30, 2026) through a press release issued on August 4, 2026. The company also held a conference call the same day to discuss the results and outlook. The 8-K references non-GAAP financial measures with reconciliations provided in the attached press release (Exhibit 99.1).
Event · Exhibit 99.1
Pinterest reported Q2 2026 revenue of $1,180M (+18% YoY), 640M MAUs (+11%), and completed $2B in share repurchases YTD at $18.17/share.
Added in current filing · view on EDGAR →
Revenue was $1,180 million, growing 18% year over year. On a constant currency basis, revenue would have grown 17% year over year. •Global Monthly Active Users ("MAUs") increased 11% year over year to 640 million. •GAAP net loss was $47 million and Adjusted EBITDA was $311 million. •Net cash provided by operating activities was $293 million and free cash flow was $270 million.
Pinterest delivered Q2 2026 revenue of $1,180 million, up 18% year-over-year (17% constant currency), and reached an all-time high of 640 million global monthly active users, up 11%. Despite a GAAP net loss of $47 million, the company generated $311 million in Adjusted EBITDA and $270 million in free cash flow, demonstrating strong operational cash generation.
Added in current filing · view on EDGAR →
For Q3 2026, we expect revenue to be in the range of $1,190 million to $1,210 million, representing 13% - 15% growth year over year, which assumes a modest headwind from foreign exchange based on current spot rates. We expect Q3 2026 Adjusted EBITDA* to be in the range of $335 million to $355 million.
Pinterest guided Q3 2026 revenue to $1,190-$1,210 million (13-15% year-over-year growth) and Adjusted EBITDA to $335-$355 million. The revenue guidance assumes a modest foreign exchange headwind based on current spot rates.
Added in current filing · view on EDGAR →
Revenue - U.S. and Canada $ 880 $ 745 18 % Revenue - Europe $ 213 $ 191 12 % Revenue - Rest of World $ 87 $ 63 38 % MAUs - ... U.S. and Canada 106 102 4 % MAUs - Europe 157 146 8 % MAUs - Rest of World 377 329 15 % ARPU - ... U.S. and Canada $ 8.30 $ 7.29 14 % ARPU - Europe $ 1.35 $ 1.30 4 % ARPU - Rest of World $ 0.23 $ 0.19 21 %
U.S. and Canada revenue grew 18% to $880 million with 4% MAU growth to 106 million and 14% ARPU growth to $8.30. Europe revenue grew 12% to $213 million with 8% MAU growth to 157 million and 4% ARPU growth to $1.35. Rest of World showed the strongest growth with 38% revenue growth to $87 million, 15% MAU growth to 377 million, and 21% ARPU growth to $0.23, though from a much smaller monetization base.
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Figures/quotes linked to EDGAR · Narrative written by AI · Aug 5, 2026 · How we verify