For the year 2023, Pinterest's research and development expenditure was one billion U.S. dollars. This is an increase of five percent compared to the year 2022. Overall, 2019 saw the highest research and development spending for Pinterest, when the company spent 1.2 billion USD on R&D.
Annual research and development expenditure of Pinterest from 2016 to 2023
(in million U.S. dollars)
According to Pinterest: "Research and development consists primarily of personnel-related expense, including salaries, benefits and share-based compensation for our engineers and other employees engaged in the research and development of our products, and allocated facilities and other supporting overhead costs."
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Pinterest. (February 8, 2024). Annual research and development expenditure of Pinterest from 2016 to 2023 (in million U.S. dollars) [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/995022/pinterest-research-development-spending-worldwide/
Pinterest. "Annual research and development expenditure of Pinterest from 2016 to 2023 (in million U.S. dollars)." Chart. February 8, 2024. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/995022/pinterest-research-development-spending-worldwide/
Pinterest. (2024). Annual research and development expenditure of Pinterest from 2016 to 2023 (in million U.S. dollars). Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/995022/pinterest-research-development-spending-worldwide/
Pinterest. "Annual Research and Development Expenditure of Pinterest from 2016 to 2023 (in Million U.S. Dollars)." Statista, Statista Inc., 8 Feb 2024, https://www.statista.com/statistics/995022/pinterest-research-development-spending-worldwide/
Pinterest, Annual research and development expenditure of Pinterest from 2016 to 2023 (in million U.S. dollars) Statista, https://www.statista.com/statistics/995022/pinterest-research-development-spending-worldwide/ (last visited December 21, 2024)
Annual research and development expenditure of Pinterest from 2016 to 2023 (in million U.S. dollars) [Graph], Pinterest, February 8, 2024. [Online]. Available: https://www.statista.com/statistics/995022/pinterest-research-development-spending-worldwide/
