← PINTEREST, INC.
| Annual Trend | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (loss) | ($130.0m) |
($63.0m)
+51.57%
|
($1.4b)
-2061.80%
|
($128.3m)
+90.57%
|
$316.4m
+346.59%
|
($96.0m)
-130.35%
|
($35.6m)
+62.92%
|
$1.9b
+5329.17%
|
$416.9m
-77.61%
|
— | |
| Depreciation and amortization | $16.1m | $20.9m | $27.8m | $37.0m | $27.5m | $46.5m | $21.5m | $21.3m | $25.2m | $33.8m | |
| Net amortization of investment premium and discount | — | — | — | — | $5.9m | ($638k) | ($21.9m) | ($29.0m) | ($18.1m) | — | |
| Deferred income taxes | — | — | — | — | — | ($3.3m) | ($1.8m) | ($1.6b) | $10.5m | $37.1m | |
| Share-based compensation | $28.8m | $14.9m | $1.4b | $321.0m | $415.4m | $497.1m | $647.9m | $765.8m | $880.5m | $1.0b | |
| Impairment and abandonment charges for leases and leasehold improvements | — | — | — | — | $0 | $0 | $117.3m | $0 | $0 | — | |
| Accounts receivable | ($47.8m) | ($86.1m) | ($94.2m) | ($253.2m) | ($88.9m) | ($28.9m) | ($80.8m) | ($128.9m) | ($104.4m) | ($144.7m) | |
| Accounts payable | $12.0m | $6.5m | $11.6m | $15.7m | ($33.5m) | $70.8m | ($9.3m) | $3.8m | $42.9m | $25.7m | |
| Accrued expenses and other liabilities | $20.6m | $26.3m | $31.9m | $23.6m | $82.4m | $20.6m | ($43.5m) | $91.6m | $15.4m | — | |
| Other | $653k | $1.0m | ($4.0m) | $11.1m | $9.6m | ($13.9m) | ($2.4m) | $2.3m | $7.8m | — | |
| Prepaid expenses and other assets | ($1.3m) | $18.1m | $7.2m | $4.1m | ($14.7m) | ($30.2m) | $18.1m | ($17.2m) | ($3.5m) | — | |
| Restricted cash included in prepaid expenses and other current assets | — | — | — | — | — | — | $2.5m | $0 | $0 | — | |
| Restricted cash included in other assets | — | — | — | — | — | — | $4.1m | $4.8m | $6.0m | — | |
| Net cash provided by operating activities | ($102.9m) |
($60.4m)
+41.34%
|
$657k
+101.09%
|
$28.8m
+4287.52%
|
$752.9m
+2511.90%
|
$469.2m
-37.68%
|
$613.0m
+30.64%
|
$964.6m
+57.37%
|
$1.3b
+33.14%
|
$1.3b
+3.86%
|
|
| Purchases of property and equipment | $41.2m | $22.2m | $33.8m | $17.4m | $9.0m | ($29.0m) | ($8.1m) | ($24.6m) | ($32.4m) | ($53.4m) | |
| Purchases of marketable securities | ($515.2m) | ($518.7m) | ($1.1b) | ($1.2b) | ($1.1b) | ($1.0b) | ($1.3b) | ($1.5b) | ($1.6b) | — | |
| Sales of marketable securities | $199.6m | $94.4m | $162.2m | $265.4m | $274.7m | $7.4m | $35.9m | $22.0m | $31.5m | — | |
| Maturities of marketable securities | $298.5m | $561.1m | $361.0m | $920.3m | $849.5m | $1.0b | $1.2b | $1.3b | $1.4b | — | |
| Net cash used in investing activities | ($57.2m) | $114.1m | ($586.5m) | ($47.6m) | ($25.9m) | ($128.2m) | ($37.0m) | ($221.0m) | ($134.5m) | $98.4m | |
| Repurchases of Class A common stock | — | — | — | — | $0 | $0 | ($500.0m) | ($600.2m) | ($927.0m) | — | |
| Net cash used in financing activities | $150.3m |
($2.2m)
-101.47%
|
$1.1b
+51011.46%
|
$19.6m
-98.26%
|
$22.2m
+12.85%
|
($148.9m)
-771.99%
|
($826.8m)
-455.15%
|
($968.3m)
-17.12%
|
($1.3b)
-36.11%
|
($2.2b)
-68.86%
|
|
| Cash, cash equivalents and restricted cash, beginning of period | $84.0m | $135.3m | $677.7m | $678.9m | $1.4b | $1.6b | $1.4b | $1.1b | $975.4m | — | |
| Effect of exchange rate changes on cash, cash equivalents and restricted cash | $145k | ($157k) | $99k | $327k | ($1.1m) | ($1.4m) | $1.7m | ($2.6m) | $2.3m | $73k | |
| Net decrease in cash, cash equivalents and restricted cash | ($9.8m) | $51.3m | $542.5m | $1.2m | $748.2m | $190.6m | ($249.1m) | ($227.3m) | ($165.9m) | — | |
| Additional Supplementary Disclosures | |||||||||||
| Additional Supplementary Disclosures | |||||||||||
| Non-cash charitable contributions | — | — | $0 | $2.7m | $45.3m | $0 | $12.9m | $0 | $13.5m | — | |
| Operating lease right-of-use assets | $8.6m | $18.5m | $32.4m | $41.9m | $44.0m | $56.0m | $55.3m | $32.7m | $30.9m | — | |
| Operating lease liabilities | ($10.5m) | ($17.5m) | ($28.4m) | ($44.2m) | ($50.7m) | ($52.8m) | ($66.5m) | ($39.5m) | ($33.2m) | — | |
| Proceeds from exercise of stock options, net | $480k | $671k | $41.3m | $78.3m | $23.9m | $12.9m | $8.3m | $22.1m | $8.1m | — | |
| Shares repurchased for tax withholdings on release of restricted stock units and restricted stock awards | $0 | $0 | ($475.0m) | ($56.9m) | $0 | ($161.8m) | ($335.0m) | ($390.3m) | ($399.0m) | — | |
| Cash and cash equivalents | — | — | — | — | — | — | $1.4b | $1.1b | $969.3m | $1.2b | |
| Cash paid for income taxes, net | — | — | — | — | $1.5m | $10.0m | $19.2m | $25.0m | $22.4m | — | |
| Operating lease right-of-use assets obtained in exchange for operating lease liabilities | $101.3m | $11.4m | $76.4m | $15.1m | $119.0m | $31.5m | $32.8m | $31.1m | $107.1m | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.