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Screener / SEC EDGAR /CIK 0001506293 /10-K filed Feb 12, 2026, compared with Feb 6, 2025 /Numbers from the XBRL of the 10-Ks
Technology peers:
MKSIPINSZMAKAMLOGINATL
NYSE Technology · Internet & Software Services

Pinterest, Inc. PINS

PINS quote by TradingView

Pinterest is an AI-powered visual search and discovery platform, positioned at the intersection of search, social, and commerce. 10-K, Item 1

Employees
5,265
Headquarters
San Francisco, CA
CEO
William J. Ready
Next results
around Feb 11, 2027
Compare with peers Embed

Where each dollar of revenue went, FY2025

Revenue of $4.2B through the costs to a net profit of $416.9M · income statement of the 10-K

8% operating margin
Revenue to Gross profit: $3.4BRevenue to Cost of revenue: $841.5MGross profit to Operating profit: $319.9MGross profit to Operating expenses: $3.1BOperating profit to Net profit: $290.8MOperating profit to Tax: $29.0MOther income to Net profit: $126.0MOperating expenses to R&D: $1.4BOperating expenses to Sales, admin & other: $1.6B Revenue: $4.2B REVENUE $4.2B +16% Y/Y Gross profit: $3.4B · 80% margin GROSS PROFIT $3.4B 80% margin Cost of revenue: $841.5M · 20% of revenue COST OF REVENUE $841.5M 20% of revenue Operating profit: $319.9M · 8% margin OPERATING PROFIT $319.9M 8% margin · +78% Y/Y Other income: $126.0M · 3% of revenue OTHER INCOME $126.0M 3% of revenue Operating expenses: $3.1B · 72% of revenue OPERATING EXPENSES $3.1B 72% of revenue Net profit: $416.9M · 10% margin NET PROFIT $416.9M 10% margin · −78% Y/Y Tax: $29.0M · 1% of revenue TAX $29.0M 1% of revenue R&D: $1.4B · 34% of revenue R&D $1.4B 34% of revenue Sales, admin & other: $1.6B · 39% of revenue SALES, ADMIN & OTHER $1.6B 39% of revenue
Gross profit $3.4B 80% margin
Operating profit $319.9M 8% margin · +78% Y/Y
Net profit $416.9M 10% margin · −78% Y/Y
The full income statement, year by year

PINS among Technology peers

Six ratios from the latest 10-K. Each corner is the share of 230 peers the company is above, not a score.

Compare
Revenue growth: 15.8%, above 58% of 230 peers (their median 13.2%) REVENUE GROWTH 15.8% · above 58% Gross margin: 79.0%, above 82% of 210 peers (their median 60.9%) GROSS MARGIN 79.0% · above 82% Operating margin: 4.2%, above 26% of 222 peers (their median 11.5%) OPERATING MARGIN 4.2% · above 26% Net margin: 3.8%, above 28% of 228 peers (their median 10.4%) NET MARGIN 3.8% · above 28% FCF margin: 27.0%, above 72% of 225 peers (their median 20.0%) FCF MARGIN 27.0% · above 72% Return on capital: 9.6%, above 49% of 160 peers (their median 9.8%) RETURN ON CAPITAL 9.6% · above 49%
PINS Peer median Below the median

What changed

13 new risk paragraphs. 10-K filed Feb 12, 2026 against Feb 6, 2025.

Risk factors
13 new paragraphs, nothing like them in the previous 10-K
10-K Item 1A
Accounting checks
9 other checks clear
10-K · XBRL
Insiders
No open-market buys in the last 90 days
Form 4
Filings
12 in the last 30 days
EDGAR

Each row opens the detail with the quote and the filing. A row is a change worth reading, not a verdict.

Accounting checks

9 checks on the latest 10-K. Checks, not verdicts.

How it works

0facts worth reading about all 9 checks found nothing to note

  • Receivables +11.7% ($893.4M to $997.8M) vs revenue +15.8% ($3.6B to $4.2B), -4.1 pts apart
  • Cash from operations $1.3B vs net income $416.9M (FY ending Dec 31, 2025)
  • Same auditor in both 10-Ks: Ernst & Young LLP
6 more checks with nothing to note
  • No statement of substantial doubt about going concern
  • No 8-K item 4.02 in the last 2 years
  • No NT 10-K or NT 10-Q in the last 2 years
  • No sentence in the 10-K concludes that controls were not effective because of a material weakness
  • No 8-K item 2.06 in the last 2 years
  • No 8-K item 1.03 in the last 2 years

In their words

13 paragraphs in Risk Factors that were not in the 10-K filed Feb 6, 2025. Quoted as filed.

All 13 new paragraphs
  1. Item 1A · new paragraph · not in the 10-K filed Feb 6, 2025 10-K, ITEM 1A
    Our advertising revenue could be harmed by many other factors, including, but not limited to:
  2. Item 1A · new paragraph · not in the 10-K filed Feb 6, 2025 10-K, ITEM 1A
    We may not successfully execute or achieve the expected benefits of our restructuring plan, which could adversely affect our business. During the first quarter of 2026, we initiated a global restructuring plan (the “Plan”) to support our transformation initiatives of reallocating resources to AI-focused roles and teams that drive AI…
  3. Item 1A · new paragraph · not in the 10-K filed Feb 6, 2025 10-K, ITEM 1A
    Uncertainty around new and emerging AI technologies, such as generative AI, may require additional investment in the development of appropriate protections and safeguards for handling the use of data with AI technologies, which may be
  4. Item 1A · new paragraph · not in the 10-K filed Feb 6, 2025 10-K, ITEM 1A
    Traditional search engines compete with new methods of search, particularly those powered by AI, and as a result traditional search engines may provide less traffic to our platform, which could negatively impact our business and results of operations.

New risk paragraphs, against peers

Latest 10-K of each, Technology companies closest in revenue

Paragraphs in Risk Factors with nothing like them in the company's 10-K the year before. A count of text, not of risk.

Financial performance

Last 4 fiscal years · 10-K XBRL

All years
MetricFY2022FY2023FY2024FY2025
Revenue$2.8B$3.1B$3.6B$4.2B
Net income−$96.0M−$35.6M$1.9B$416.9M
Operating cash flow$469.2M$613.0M$964.6M$1.3B
Free cash flow$440.2M$604.9M$940.0M$1.3B

Revenue, FY2017 to FY2025

Ten fiscal years, each from its own 10-K · XBRL · USD

$4.2B ▲ 15.8% in FY2025

FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Every number, year by year

Recent filings

12 filings in the last 30 days · SEC EDGAR

All filings
7 more

About the company

Pinterest, Inc., San Francisco, CA · from the 10-K filed Feb 12, 2026

Pinterest is an AI-powered visual search and discovery platform, positioned at the intersection of search, social, and commerce. We offer a unique and differentiated experience that enables people to go from inspiration to action all on one consumer internet property. Pinterest can be accessed through our mobile application or the web. People use Pinterest to find useful, relevant ideas - and then bring them to life. People don’t always have the words to describe what they’re looking for, but often know it when they see it. As they browse Pinterest content (called “Pins”), they fine-tune their tastes and find the perfect idea.

Headquarters
San Francisco, CA
Country
United States
Reports in
USD
Listed on
NYSE
Fiscal year ends
December 31
Last results
Oct 29, 2026
Incorporated in
DE

Employees, at the top of the page: "As of December 31, 2025, we had 5,265 full-time employees" (10-K). Address and exchange: SEC's company file.

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Sources

The 10-K filed Feb 12, 2026 (open at SEC), compared with the 10-K filed Feb 6, 2025. Numbers from the XBRL of the 10-Ks; filings from SEC EDGAR.

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