Pinterest market cap is $11.4 b, and annual revenue was $1.14 b in FY 2019

Pinterest Gross profit (Q1, 2020)172.7 M

Pinterest Gross profit margin (Q1, 2020), %63.5%

Pinterest Net income (Q1, 2020)-141.2 M

Pinterest EBIT (Q1, 2020)-146.1 M

Pinterest Cash, 31-Mar-2020740.8 M

Pinterest EV10.9 B

Pinterest revenue was $1.14 b in FY, 2019

Pinterest revenue breakdown by geographic segment: 92.2% from United States and 7.8% from International

USD | FY, 2017 | FY, 2018 | FY, 2019 |
---|---|---|---|

## Revenue | 472.9m | 755.9m | 1.1b |

| 58% | 60% | |

## Cost of goods sold | 178.7m | 241.6m | 358.9m |

## Gross profit | 294.2m | 514.3m | 783.9m |

| 62% | 68% | 69% |

## Sales and marketing expense | 162.5m | 259.9m | 611.6m |

## R&D expense | 208.0m | 251.7m | 1.2b |

## General and administrative expense | 61.6m | 77.5m | 354.1m |

## Operating expense total | 432.1m | 589.1m | 2.2b |

## EBIT | (137.9m) | (74.7m) | (1.4b) |

| (29%) | (10%) | (122%) |

## Interest income | 8.3m | 13.2m | 30.2m |

## Pre tax profit | (129.7m) | (62.6m) | (1.4b) |

## Income tax expense | 311.0k | 410.0k | 532.0k |

## Net Income | (130.0m) | (63.0m) | (1.4b) |

USD | FY, 2017 | FY, 2018 | FY, 2019 |
---|---|---|---|

## Cash | 71.5m | 122.5m | 649.7m |

## Accounts Receivable | 136.6m | 221.9m | 316.4m |

## Prepaid Expenses | 38.7m | 39.6m | 37.5m |

## Current Assets | 887.0m | 889.4m | 2.1b |

## PP&E | 87.3m | 81.5m | 92.0m |

## Goodwill | 9.0m | 14.1m | 14.6m |

## Total Assets | 1.2b | 1.2b | 2.4b |

## Accounts Payable | 15.4m | 22.2m | 34.3m |

## Current Liabilities | 79.8m | 108.4m | 176.2m |

## Long-term debt | 162.3m | 151.4m | 173.4m |

## Total Debt | 162.3m | 151.4m | 173.4m |

## Total Liabilities | 254.1m | 281.9m | 369.6m |

## Common Stock | 4.0k | 4.0k | |

## Preferred Stock | 1.5b | 1.5b | |

## Additional Paid-in Capital | 236.7m | 252.2m | 4.2b |

## Retained Earnings | (782.4m) | (845.4m) | (2.2b) |

## Total Equity | (546.5m) | (594.6m) | 2.0b |

## Debt to Equity Ratio | -0.3 x | -0.3 x | |

## Debt to Assets Ratio | 0.1 x | 0.1 x | |

## Financial Leverage | -2.1 x | -1.9 x | 1.2 x |

USD | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 |
---|---|---|---|---|

## Cash | 134.6m | 1.4b | 1.0b | 740.8m |

## Accounts Receivable | 161.1m | 203.0m | 210.3m | 212.2m |

## Prepaid Expenses | 43.6m | 52.7m | 46.4m | 32.6m |

## Current Assets | 846.9m | 2.1b | 2.0b | 2.0b |

## PP&E | 83.0m | 84.6m | 89.8m | 90.4m |

## Goodwill | 13.7m | 15.4m | 15.0m | 14.3m |

## Total Assets | 1.1b | 2.4b | 2.3b | 2.3b |

## Accounts Payable | 30.3m | 30.5m | 31.5m | 37.7m |

## Current Liabilities | 123.5m | 139.9m | 144.2m | 170.8m |

## Long-term debt | 162.4m | 155.8m | 161.2m | 158.3m |

## Total Debt | 162.4m | 155.8m | 161.2m | 158.3m |

## Total Liabilities | 309.8m | 313.9m | 324.1m | 350.1m |

## Common Stock | 1.0k | 5.0m | 5.0k | 6.0k |

## Preferred Stock | 1.5b | |||

## Additional Paid-in Capital | 253.0m | 4.1b | 4.1b | 4.3b |

## Retained Earnings | (886.8m) | (2.0b) | (2.2b) | (2.3b) |

## Total Equity | (634.0m) | 2.1b | 2.0b | 1.9b |

## Debt to Equity Ratio | -0.3 x | 0.1 x | 0.1 x | |

## Debt to Assets Ratio | 0.1 x | 0.1 x | 0.1 x | |

## Financial Leverage | -1.8 x | 1.2 x | 1.2 x | 1.2 x |

USD | FY, 2017 | FY, 2018 | FY, 2019 |
---|---|---|---|

## Net Income | (130.0m) | (63.0m) | (1.4b) |

## Depreciation and Amortization | 16.1m | 20.9m | 27.8m |

## Accounts Receivable | (47.8m) | (86.1m) | (94.2m) |

## Accounts Payable | 12.0m | 6.5m | 11.6m |

## Cash From Operating Activities | (102.9m) | (60.4m) | 657.0k |

## Purchases of PP&E | (41.2m) | (22.2m) | (33.8m) |

## Cash From Investing Activities | (57.2m) | 114.1m | (586.5m) |

## Short-term Borrowings | (2.6m) | ||

## Cash From Financing Activities | 150.3m | (2.2m) | 1.1b |

## Net Change in Cash | (9.8m) | 51.3m | 542.5m |

USD | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 |
---|---|---|---|---|

## Net Income | (41.4m) | (1.2b) | (1.3b) | (141.2m) |

## Depreciation and Amortization | 5.7m | 12.2m | 19.5m | 11.7m |

## Accounts Receivable | 61.3m | 19.6m | 12.3m | 101.0m |

## Accounts Payable | 7.5m | 7.2m | 8.9m | 2.6m |

## Cash From Operating Activities | 33.1m | (16.4m) | (8.9m) | 57.3m |

## Purchases of PP&E | (3.7m) | (11.9m) | (20.4m) | (7.0m) |

## Cash From Investing Activities | (3.8m) | 55.3m | (202.8m) | 57.8m |

## Cash From Financing Activities | (3.2m) | 1.3b | 1.1b | (23.7m) |

## Net Change in Cash | 26.1m | 1.3b | 925.8m | 91.2m |

USD | Y, 2020 |
---|---|

## EV/EBIT | -74.3 x |

## EV/CFO | 189.4 x |

## Financial Leverage | 1.2 x |

Pinterest's Monthly Active Users was reported to be 322 m in Q3, 2019. Pinterest's Registered Users was reported to be 200 m in Jan, 2018.

Q1, 2016 | Q2, 2016 | Q3, 2016 | Oct, 2016 | Q4, 2016 | Mar, 2017 | Q1, 2017 | Apr, 2017 | Q2, 2017 | Sep, 2017 | Q3, 2017 | Q4, 2017 | Jan, 2018 | Q1, 2018 | Q2, 2018 | Sep, 2018 | Q3, 2018 | Q4, 2018 | FY, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|

## Monthly Active Users | 128 | 135 m | 150 m | 150 m | 160 m | 150 m | 175 m | 175 m | 185 m | 200 m | 204 m | 216 m | 239 m | 231 m | 250 m | 251 m | 265 m | 250 m | 291 m | 300 m | 322 m | |

## Monthly Active Users (Rest of World) | 63 m | 70 m | 81 m | 90 m | 104 m | 114 m | 129 m | 139 m | 160 m | 156 m | 171 m | 184 m | 206 m | 215 m | 235 m | |||||||

## Monthly Active Users (US) | 65 m | 65 m | 69 m | 70 m | 70 m | 71 m | 71 m | 74 m | 76 m | 80 m | 75 m | 80 m | 82 m | 85 m | 85 m | 87 m | ||||||

## Monthly Searches | 2 b | |||||||||||||||||||||

## Pins | 175 b | 175 b | ||||||||||||||||||||

## Registered Users | 200 m | |||||||||||||||||||||

## Revenue per Active Customer | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1 | $0 | $0 |

Y, 2018 | Q1, 2017 | |
---|---|---|

Male (Management), percent | 24 % | |

Female (Management), percent | 9.3 % | |

Male (Tech), percent | 23.3 % | |

Female (Tech), percent | 10 % | |

Male (Engineers), percent | 25.3 % | 79.8 % |

Female (Engineers), percent | 8 % | 20.2 % |

Y, 2018 | Y, 2017 | Y, 2016 | Y, 2015 | Y, 2014 | |
---|---|---|---|---|---|

White, percent | 47 % | 36.6 % | 49 % | 49 % | 50 % |

Asian, percent | 42 % | 39.6 % | 41 % | 43 % | 42 % |

Other | 11 % | 4 % | 10 % | 8 % | 8 % |

Hispanic, percent | 10.9 % | ||||

Other Ethnicity, percent | 8.9 % |

Y, 2018 | Y, 2017 | Y, 2016 | Y, 2015 | Y, 2014 | |
---|---|---|---|---|---|

Male, percent | 53 % | 56 % | 56 % | 58 % | 60 % |

Female, percent | 47 % | 44 % | 44 % | 42 % | 40 % |