Pinterest Achieves Record Revenue Growth in Q4 2024 Earnings

Pinterest shows remarkable growth in its latest earnings call, surpassing $1 billion in Q4 revenue. With a strong user base and innovative strategies, the company anticipates continued success in 2025.

Date: 07-02-2025

AI Rating: 7

Earnings Per Share (EPS)
No mention of EPS is made in the report, meaning it does not provide insight into the company's profitability on a per-share basis.
Revenue Growth
Pinterest has achieved impressive revenue growth, reporting a total revenue for 2024 of $3.65 billion, up by 19% year-over-year. The fourth quarter marked the first time the company crossed the $1 billion revenue threshold in a single quarter, with Q4 revenue reaching $1.154 billion, an 18% increase from the previous year. This indicates strong demand and effectiveness in their advertising strategies.
Net Income
The report notes a significant milestone in achieving GAAP profitability for the first time since 2021. This could positively influence investor sentiment, reflecting a transition towards sustainable profitability.
Profit Margins
Adjusted EBITDA for 2024 was reported at $1 billion, showcasing robust growth in profit margins, which expanded by 510 basis points year-over-year. The fourth-quarter adjusted EBITDA margin was 41%, indicating effective cost management alongside revenue growth.
Free Cash Flow (FCF)
Pinterest reported a free cash flow of $940 million for the full year 2024, which is up 55% year over year. This high conversion rate of free cash flow to adjusted EBITDA at 91% underscores the company's operational efficiency and profitability potential.
Return on Equity (ROE)
No specific ROE was mentioned in the report, lacking clarity on how effectively the company is utilizing shareholders' equity to generate earnings.

Stocks: PINS