Equity Profile

PINS

PINTEREST INC A

Communication ServicesInteractive Media & Services$12.0B

Aug10Mon

Pre-Earnings Brief

UpcomingQ2-2026After Close5:00 PM EDT

Company Snapshot

Pinterest Inc A (PINS) operates in the Communication Services sector, focusing on interactive media and services. The platform allows users to discover and save ideas through images and videos, making it a key player in digital advertising and consumer engagement.

Key Metrics to Watch

User Growth

Understanding user growth is crucial as it directly impacts advertising revenue and overall platform engagement.

10% YoY increase

Average Revenue Per User (ARPU)

ARPU is vital for assessing how effectively Pinterest monetizes its user base.

$5.00

1 more metrics, Wall Street expectations, options signals, track record, and call prep available with Pro.

PINS Q2-2026 Earnings Preview

Context

Company Snapshot

Earnings Scorecard·Last 8Q

EPS Beat Streak

EPS Beat Rate

100%

Avg EPS Surprise

+585.07%

Avg Stock Reaction

+0.16%

Last Quarter Recap

In Q1-2026, Pinterest reported an impressive earnings surprise with EPS of $0.27, significantly exceeding expectations. The stock reacted positively, gaining 3.12% the following day.

Management Promises & Guidance

Focus on enhancing user engagement and content discovery.
Commitment to improving advertising tools for businesses.
Plans to expand international markets and user base.

Expectations

Wall Street Expectations

Overall, expectations for Pinterest's upcoming earnings are cautiously optimistic, given its recent strong performance. Investors are particularly focused on user growth and advertising revenue.

Bull Case

If Pinterest continues to show strong user growth and ARPU increases, it could signal robust demand for its advertising services, leading to higher stock prices.

Bear Case

Conversely, if user growth stagnates or advertising revenue falls short of expectations, it could raise concerns about the company's ability to monetize its platform effectively.

Key Metrics to Watch

User Growth

10% YoY increase

Understanding user growth is crucial as it directly impacts advertising revenue and overall platform engagement.

Average Revenue Per User (ARPU)

$5.00

ARPU is vital for assessing how effectively Pinterest monetizes its user base.

Advertising Revenue

$600 million

This metric reflects the core business performance and is essential for evaluating financial health.

Expectations

Two Questions That Matter

The print will turn on these two things.

What is the expected user growth rate for Q2-2026?

User growth is a critical indicator of Pinterest's ability to attract advertisers and generate revenue.

How has ARPU changed compared to the previous quarter?

Changes in ARPU will provide insight into how well Pinterest is monetizing its user base and the effectiveness of its advertising strategies.

Edge

What the Street Is Missing

Why consensus could be wrong

The Street may underestimate Pinterest's ability to drive user engagement through new features, which could lead to higher-than-expected user growth.

Supporting Evidence

Recent initiatives to enhance content discovery could attract more users.

The advertising market is showing signs of recovery, which may benefit Pinterest.

Insider selling may not reflect a lack of confidence but rather personal financial planning.

Key Risk

If user growth exceeds 12%, it could significantly alter the market's perception of Pinterest's growth trajectory.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

This quarter's performance hinges on user engagement and monetization strategies, which are critical for future growth.

Bull Confirmed If

User growth exceeding 12% YoY would confirm strong demand for the platform.

Bear Confirmed If

User growth below 5% YoY would raise concerns about stagnation.

Pre-Earnings Positioning

Options Market

Implied Move

±17.33%

Historical Avg

±1.5%

Pricing rich

The options market is pricing in a significant move, indicating that traders expect volatility around the earnings report.

Options are pricing ±17.3% while PINS has averaged ±1.5% over the last 8 prints — setup is pricing rich.

Detail

ATM IV

0.6%

30d HV

46.7%

Calls (786K)P/C Ratio: 0.35Puts (756K)

Edge

Insider Activity

Open-market trades by officers, directors, and 10%+ holders over the trailing 90 days.

Bought

$0.00

0 sh

0 insiders

Sold

$42,000.00

2,100 sh

1 insider

Net

$42,000.00

Net selling

Most Active Insiders· 1 open-market trade

Insider

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If Pinterest beats expectations, history suggests a potential stock increase of around 0.16%, confirming strong demand.

In-Line / Cautious

If results are in line but cautious commentary is provided, the stock may remain stable, reflecting uncertainty.

Miss

A miss could lead to a decline, with historical patterns suggesting a potential drop of around 1.48%.

Preparation

Congressional Activity

House & Senate STOCK Act disclosures over the trailing 6 months.

Trades

0 buys·1 sell

Members

House only

Est. Notional

$1,001.00–$15,000.00

disclosed dollar ranges

Most Active Members

R-LAJulia LetlowRep.
1

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Details on new user engagement features and their expected impact.
2Insights into advertising revenue trends and client acquisition.
3Updates on international market expansion efforts.
4Any commentary on competitive pressures in the digital advertising space.
5Management's outlook on future user growth and monetization strategies.

See the full picture

AI-powered briefs, options data, and 20 quarters of history — everything you need before earnings.

No charge today · Auto-bills $8/mo after 7 days · Cancel anytime

More Earnings This Week

5 Reports

Tempus AI, Inc.

Company Snapshot

Key Metrics to Watch

User Growth

Understanding user growth is crucial as it directly impacts advertising revenue and overall platform engagement.

10% YoY increase

Average Revenue Per User (ARPU)

ARPU is vital for assessing how effectively Pinterest monetizes its user base.

$5.00

1 more metrics, Wall Street expectations, options signals, track record, and call prep available with Pro.

PINS Q2-2026 Earnings Preview

Context

Company Snapshot

Earnings Scorecard·Last 8Q

EPS Beat Streak

EPS Beat Rate

100%

Avg EPS Surprise

+585.07%

Avg Stock Reaction

+0.16%

Last Quarter Recap

In Q1-2026, Pinterest reported an impressive earnings surprise with EPS of $0.27, significantly exceeding expectations. The stock reacted positively, gaining 3.12% the following day.

Management Promises & Guidance

Focus on enhancing user engagement and content discovery.
Commitment to improving advertising tools for businesses.
Plans to expand international markets and user base.

Expectations

Wall Street Expectations

Overall, expectations for Pinterest's upcoming earnings are cautiously optimistic, given its recent strong performance. Investors are particularly focused on user growth and advertising revenue.

Bull Case

If Pinterest continues to show strong user growth and ARPU increases, it could signal robust demand for its advertising services, leading to higher stock prices.

Bear Case

Conversely, if user growth stagnates or advertising revenue falls short of expectations, it could raise concerns about the company's ability to monetize its platform effectively.

Key Metrics to Watch

User Growth

10% YoY increase

Understanding user growth is crucial as it directly impacts advertising revenue and overall platform engagement.

Average Revenue Per User (ARPU)

$5.00

ARPU is vital for assessing how effectively Pinterest monetizes its user base.

Advertising Revenue

$600 million

This metric reflects the core business performance and is essential for evaluating financial health.

Expectations

Two Questions That Matter

The print will turn on these two things.

What is the expected user growth rate for Q2-2026?

User growth is a critical indicator of Pinterest's ability to attract advertisers and generate revenue.

How has ARPU changed compared to the previous quarter?

Changes in ARPU will provide insight into how well Pinterest is monetizing its user base and the effectiveness of its advertising strategies.

Edge

What the Street Is Missing

Why consensus could be wrong

The Street may underestimate Pinterest's ability to drive user engagement through new features, which could lead to higher-than-expected user growth.

Supporting Evidence

Recent initiatives to enhance content discovery could attract more users.

The advertising market is showing signs of recovery, which may benefit Pinterest.

Insider selling may not reflect a lack of confidence but rather personal financial planning.

Key Risk

If user growth exceeds 12%, it could significantly alter the market's perception of Pinterest's growth trajectory.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

This quarter's performance hinges on user engagement and monetization strategies, which are critical for future growth.

Bull Confirmed If

User growth exceeding 12% YoY would confirm strong demand for the platform.

Bear Confirmed If

User growth below 5% YoY would raise concerns about stagnation.

Pre-Earnings Positioning

Options Market

Implied Move

±17.33%

Historical Avg

±1.5%

Pricing rich

The options market is pricing in a significant move, indicating that traders expect volatility around the earnings report.

Options are pricing ±17.3% while PINS has averaged ±1.5% over the last 8 prints — setup is pricing rich.

Detail

ATM IV

0.6%

30d HV

46.7%

Calls (786K)P/C Ratio: 0.35Puts (756K)

Edge

Insider Activity

Open-market trades by officers, directors, and 10%+ holders over the trailing 90 days.

Bought

$0.00

0 sh

0 insiders

Sold

$42,000.00

2,100 sh

1 insider

Net

$42,000.00

Net selling

Most Active Insiders· 1 open-market trade

Insider

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If Pinterest beats expectations, history suggests a potential stock increase of around 0.16%, confirming strong demand.

In-Line / Cautious

If results are in line but cautious commentary is provided, the stock may remain stable, reflecting uncertainty.

Miss

A miss could lead to a decline, with historical patterns suggesting a potential drop of around 1.48%.

Preparation

Congressional Activity

House & Senate STOCK Act disclosures over the trailing 6 months.

Trades

0 buys·1 sell

Members

House only

Est. Notional

$1,001.00–$15,000.00

disclosed dollar ranges

Most Active Members

R-LAJulia LetlowRep.
1

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Details on new user engagement features and their expected impact.
2Insights into advertising revenue trends and client acquisition.
3Updates on international market expansion efforts.
4Any commentary on competitive pressures in the digital advertising space.
5Management's outlook on future user growth and monetization strategies.