Pinterest 4Q Profit Drops, Expects Revenue Growth to Slow

Dow Jones

7 hours ago

By Elias Schisgall

Pinterest's fourth-quarter profit tumbled as the social-media company expects revenue growth to slow even further in the current quarter.

Shares slid 17% to $15.30 in after-hours trading after closing the market session down 2.9% at $18.54.

Pinterest on Thursday recorded a profit of $277.1 million, or 41 cents a share, compared with its profit of $1.85 billion, or $2.68 a share, a year earlier.

Stripping out certain one-time items, Pinterest logged adjusted earnings of 67 cents a share, in line with analyst expectations, according to FactSet.

Revenue grew 14% to $1.32 billion, up from $1.15 billion a year earlier, but short of analysts' estimate of $1.33 billion.

Pinterest said in November that it expected growth to slow between 14% to 16% after posting 17% revenue growth in the third quarter.

The company said that it expects growth to decelerate further in the current first quarter, projecting growth between 11% and 14%. It's forecasting revenue between $951 million and $971 million.

Write to Elias Schisgall at elias.schisgall@wsj.com

(END) Dow Jones Newswires

February 12, 2026 16:43 ET (21:43 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

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It's forecasting revenue between $951 million and $971 million. \n\n\n \n\n\n  Write to Elias Schisgall at elias.schisgall@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  February 12, 2026 16:43 ET (21:43 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}