GoKawiilBill Ready, CEO of Pinterest, speaks at the 28th annual Milken Institute Global Conference at the Beverly Hilton in Beverly Hills, California, on May 5, 2025.
Pinterest reported first-quarter earnings on Monday that beat on the top and bottom lines. Shares soared 17% after the report.
Here's how the company did, compared to analysts' consensus estimates from LSEG:
Earnings per share : 27 cents adjusted vs. 23 cents expected
: 27 cents adjusted vs. 23 cents expected Revenue: $1.01 billion vs. $966 million expected
Sales in Pinterest's first quarter rose 18% year-over-year while the company posted a net loss of $73.59 million, a loss of 12 cents per share. A year ago, the social media company posted net income of $8.92 million, or 1 cent per share.
Pinterest said second-quarter revenue should come in the range of $1.13 billion to $1.15 billion, which is higher than the $1.11 billion that Wall Street was projecting.
The company said adjusted earnings before interest, taxes, depreciation and amortization, or EBIDTA, for the second quarter will come in between $256 million to $276 million. Analysts were expecting $261 million in EBIDTA for the second quarter.
Pinterest's first-quarter EBIDTA came in at $207 million, ahead of analysts' estimates of $176 million.
The social media company's global monthly active users for the first quarter increased 11% year-over-year to 631 million, in line with analyst's estimates.