🔹 Revenue: $1.05B (Est. $1.05B) 🟡; UP +17% YoY
🔹 Adj. EPS: $0.38 (Est. $0.42) 🔴
🔹 MAU: 600M (Est. 590.3M) 🟢; UP +12% YoY
🔹 Adj. EBITDA: $306M; UP +24% YoY
🔹 Free Cash Flow: $318M; UP +30% YoY
🔹 Adj. EBITDA Margin: 29% vs. 27% YoY
Regional Breakdown
🔹 U.S. & Canada Revenue: $786M; UP +9% YoY
🔹 Europe: $193M; UP +41% YoY
🔹 Rest of World: $70M; UP +66% YoY
🔹 Global ARPU: $1.78; UP +5% YoY
Q4’25 Guidance
🔹 Revenue: $1.31B–$1.34B (Est. $1.34B) 🟡; +14–16% YoY
🔹 Adj. EBITDA: $533M–$558M
CEO Commentary – Bill Ready
🔸 “We had a strong quarter with 17% revenue growth and record 600M users.”
🔸 “Our investments in AI and product innovation are transforming Pinterest into an AI-powered shopping assistant for hundreds of millions of consumers.”