Tech News
← Back to articles

Pinterest is down 22% premarket as tariffs hit earnings. Here's what's happening

read original related products more articles

In this photo illustration, a smartphone displays the logo of Pinterest in front of a screen showing the company's latest stock market chart on February 3, 2026.

Pinterest shares were down 22% in premarket trading on Friday, after the company cited tariff-related shocks in disappointing fourth-quarter earnings.

The social media company's Q4 earnings came in below analysts' expectations, with revenue of $1.32 billion compared with LSEG consensus estimates of $1.33 billion. Net income for the quarter plunged 85% to $277 million from $1.85 billion the prior year.

It also recorded $541.5 million in adjusted earnings before interest, taxes, depreciation, and amortization, or EBIDTA, below the $550 million that analysts were projecting.

Pinterest expects first-quarter sales to be between $951 million and $971 million, which is also below analysts' forecasts of $980 million.