Pinterest (PINS) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

NYSE•Communication Services•Internet Content & Information

$21.00-1.32(-0.06%)Market open

Market Cap

$10.98B

P/E

61.6x

P/S

2.3x

P/B

3.5x

Pinterest, Inc. operates as a visual search and discovery platform in the United States, Canada, Europe, and internationally. The company's platform allows people to find ideas, such as recipes, home and style inspiration, and others; and to search, save, and shop the ideas. It also provides various advertising products to help advertisers meet users; and ad auction that allows to serve ads to users at relevant moments while optimizing business outcomes for advertisers. The company was formerly known as Cold Brew Labs Inc. and changed its name to Pinterest, Inc. in April 2012. Pinterest, Inc. was incorporated in 2008 and is headquartered in San Francisco, California.

How this company scores

GoodMetricSide Score: 66/100

Strongest: Cash & Earnings Quality (23/25); weakest: Profitability (9/25).

Profitability9/25

Growth17/25

Balance Sheet & Red Flags17/25

Cash & Earnings Quality23/25

Strengths

Growing revenueLow leverageCash-backed earningsConsistent free cash flow

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 61.6x5y range 10.6x – 253.7x

Currently near its 15-quarter median.

P/S · 2.3x5y range 2.3x – 9.4x

Currently below its 20-quarter median.

P/B · 3.5x5y range 3.5x – 9.4x

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

High Risk

Margin Pressure

Red Flag

Operating margins dropped 46.1% over recent quarters — a sharp decline suggesting serious cost or pricing challenges.

Earnings Quality

Watch

FCF/Net Income has dropped below 0.7x in 3 quarters — monitor for earnings quality deterioration.

Price & Volume

Market Cap $10.98B

Metrics at a Glance

as of September 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $4.68B
Q. Revenue: $1.17B
TTM EBITDA: $243.89M
TTM Op. Income: $196.02M
Q. Op. Income: $30.34M
TTM Net Income: $178.33M
Q. Net Income: $21.52M
EPS: $0.04
Shares Out.: $567.15M

$4.68B in TTM revenue grew 15.4% YoY, reaching $1.17B last quarter. TTM EBITDA of $243.89M and TTM operating income of $196.02M show growth is flowing through to the bottom line. TTM net income of $178.33M means revenue is converting into profit. Across the last 8 quarters, TTM revenue has risen for 7 consecutive quarters — an improving trend.

Margins

Gross, EBITDA, operating, and net margin trends

Gross Margin: 77.7%
EBITDA Margin: 3.3%
Op. Margin: 2.6%
Net Margin: 1.8%

Op. margin of 2.6% is down 3.0% YoY — costs are rising relative to revenue. Net margin at 1.8% and gross margin of 77.7% show how much of each revenue dollar survives to profit. Across the last 8 quarters, operating margin has risen for 2 consecutive quarters — an improving trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: 61.6x
P/S Ratio: 2.3x
P/B Ratio: 3.5x

At 61.6x P/E, the stock trades above typical market levels — the market expects above-average growth. P/S of 2.3x and P/B of 3.5x provide additional context. Use the growth and margin sections to judge whether the multiple is justified. Across the last 8 quarters, P/E has risen for 2 consecutive quarters — a weakening trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $4.95B
Cash: $654.34M
Long-Term Debt: $982.09M
Book Value: $3.10B
D/E Ratio: 0.3
Debt/EBITDA: 25.6

With $4.95B in assets and $982.09M in long-term debt, D/E is 0.3and book value is $3.10B — a conservative capital structure with a cushion to weather downturns. Across the last 3 quarters, debt/equity has fallen for 2 consecutive quarters — an improving trend.

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $315.73M
TTM Free Cash Flow: $1.26B
FCF Margin: 27.0%
FCF / Net Income: 7.1

TTM FCF of $1.26B on $315.73M in operating cash flow. The FCF / Net Income ratio of 7.1x means free cash flow covers net income — earnings are backed by cash. Over the past year, free cash flow is up 13% — a weakening trend.