🔹 Revenue: $855M (Est. $846.6M) 🟢; +16% YoY
🔹 Adj EPS: $0.23 (Est. $0.26) 🔴
🔹 MAUs: 570M (Est. 563.9M) 🟢; +10% YoY
Q2'25 Outlook
🔹 Revenue: $960M–$980M (Est. $965.4M) 🟡
🔹 Adjusted EBITDA: $217M–$237M (Est. $233.06M) 🟡
Q1 Segment & Regional Performance
🔹 U.S. & Canada Revenue: $663M; UP +12% YoY
🔹 Europe Revenue: $147M; UP +24% YoY
🔹 Rest of World Revenue: $45M; UP +49% YoY
User Metrics
🔹 Global MAUs: 570M (Est. 563.9M) 🟢; UP +10% YoY
🔹 U.S. & Canada MAUs: 102M; UP +4% YoY
🔹 Europe MAUs: 148M; UP +5% YoY
🔹 Rest of World MAUs: 320M; UP +14% YoY
ARPU (Average Revenue Per User)
🔹 Global ARPU: $1.52; UP +5% YoY
🔹 U.S. & Canada ARPU: $6.54; UP +8% YoY
🔹 Europe ARPU: $1.00; UP +17% YoY
🔹 Rest of World ARPU: $0.14; UP +29% YoY
Other Metrics:
🔹 Adj EBITDA: $171.6M; UP +36% YoY
🔹 Adj EBITDA Margin: 20% vs. 17% YoY
🔹 Net Income: $8.92M (vs. -$24.81M YoY)
🔹 Operating Cash Flow: $363.7M; UP +2% YoY
🔹 Free Cash Flow: $356.4M; UP +4% YoY
CEO Bill Ready's Commentary
🔸 "Our strong results in the first quarter demonstrate continued momentum in revenue, user growth and engagement."
🔸 "As the macroeconomic and digital ad landscape evolves, our strategy and consistent execution has made Pinterest more resilient than ever."
🔸 "Our AI advancements are helping users take action and make more intentional shopping decisions."
🔸 "We’re driving performance for advertisers and winning market share, giving us a solid foundation for long-term, sustainable growth."