PINS

In March 2026, Elliott Investment Management L.P. made a $1 billion strategic investment, becoming Pinterest's largest shareholder and contributing to a new $3.5 billion share buyback program, which caused the stock to rise 17% in a week. Earlier, in February 2026, the stock fell 16.83% after Q4 2025 revenue and Q1 2026 guidance missed consensus estimates. For Q1 2026 (reported May 2026), Pinterest exceeded revenue estimates with $1.01 billion (up 18% year-over-year) but recorded a net loss of $74 million. In Q2 2026 (reported August 2026), revenues again surpassed expectations at $1.18 billion (up 18% from Q2 2025), but the company posted a net loss of $46.7 million and an EPS loss of $0.083 per share, despite global monthly active users (MAUs) growing 11% to 640 million and free cash flow increasing 37% to $269.9 million. Analysts remain concerned about the widening gap between international user growth (58% of user base) and revenue generation (7% of revenue). Product developments include the launch of Visual Search Ads in September 2026, tvScientific by Pinterest introducing Creative Advisor in June 2026, and a collaboration with Amazon Web Services in June 2026 to advance AI and expand international campaign insights. Co-founder Benjamin Silbermann engaged in planned sales of Class A shares in September 2026. As of September 15, 2026, the share price was $18.76, a 48.25% decline from September 16, 2025.