In the third quarter of 2024, social media and image sharing platform Pinterest reported a net income of approximately 30.56 million U.S. dollars. Overall, the fourth quarter of 2020 was Pinterest's most successful quarter since the platform launched, with a total net income of over 207 million U.S. dollars. Moreover, the second quarter of 2019 saw record net losses of over one billion U.S. dollars.
Global net income/loss of Pinterest from 1st quarter 2017 to 3rd quarter 2024
(in million U.S. dollars)
* Company statement in the Q2 2019 press release: "Our GAAP net loss of $1.16 billion was impacted by RSU expense recorded in connection with our initial public offering. This quarter included a one-time RSU catch-up charge for all prior periods as a result of the company meeting the performance vesting condition tied to the IPO for all historical RSUs. Our Adjusted EBITDA was $(26) million, as EBITDA margin expanded by 10 percentage points year-over-year."
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Pinterest. (November 8, 2024). Global net income/loss of Pinterest from 1st quarter 2017 to 3rd quarter 2024 (in million U.S. dollars) [Graph]. In Statista. Retrieved November 17, 2024, from https://www.statista.com/statistics/995273/pinterest-quarterly-net-income-loss-worldwide/
Pinterest. "Global net income/loss of Pinterest from 1st quarter 2017 to 3rd quarter 2024 (in million U.S. dollars)." Chart. November 8, 2024. Statista. Accessed November 17, 2024. https://www.statista.com/statistics/995273/pinterest-quarterly-net-income-loss-worldwide/
Pinterest. (2024). Global net income/loss of Pinterest from 1st quarter 2017 to 3rd quarter 2024 (in million U.S. dollars). Statista. Statista Inc.. Accessed: November 17, 2024. https://www.statista.com/statistics/995273/pinterest-quarterly-net-income-loss-worldwide/
Pinterest. "Global Net Income/Loss of Pinterest from 1st Quarter 2017 to 3rd Quarter 2024 (in Million U.S. Dollars)." Statista, Statista Inc., 8 Nov 2024, https://www.statista.com/statistics/995273/pinterest-quarterly-net-income-loss-worldwide/
Pinterest, Global net income/loss of Pinterest from 1st quarter 2017 to 3rd quarter 2024 (in million U.S. dollars) Statista, https://www.statista.com/statistics/995273/pinterest-quarterly-net-income-loss-worldwide/ (last visited November 17, 2024)
Global net income/loss of Pinterest from 1st quarter 2017 to 3rd quarter 2024 (in million U.S. dollars) [Graph], Pinterest, November 8, 2024. [Online]. Available: https://www.statista.com/statistics/995273/pinterest-quarterly-net-income-loss-worldwide/