PINS Pinterest margins

Relative Growth: Rel. Growth:

Relative Strength: Rel. Strength:

Relative Valuation: Rel. Valuation:

Relative Profitability: Rel. Profitability: 46

Gross margin

79%

Operating margin

4.2%

EBITDA margin

4.8%

Net margin

3.8%

For the latest period, Pinterest has a gross margin of 79%, an operating margin of 4.2%, an EBITDA margin of 4.8%, and a net margin of 3.8%. Each available margin deteriorated from the same period last year. Net margin recorded the strongest contraction, dropping by 45.2 percentage points.

PINS margin history

Gross, operating, EBITDA and net margin trends

Pinterest's margins averaged 79.21% gross, 4.19% operating, 4.8% EBITDA, and 20.17% net over the last 3 years. Compared with the three-year averages, operating margin is above its three-year average and gross and net margins are below their three-year averages.

PINS margin expansion

Year-over-year margin changes in percentage points

Year over year, gross, operating, EBITDA, and net margins all declined, with net margin showing the largest decrease at 45.2 percentage points.

Gross margin expansion

-1pp

Operating margin expansion

-2.7pp

EBITDA margin expansion

-2.8pp

Net margin expansion

-45.2pp

PINS Gross margin

Across the last 3 years, Pinterest's gross margin averaged 79.21%. The current gross margin stands at 79%, 0.2 percentage points below its three-year average. Gross margin was highest at 80.1% in Dec 2025 and lowest at 77.5% in Dec 2023.

PINS Operating margin

Across the last 3 years, Pinterest's operating margin stood at 4.19%. The current operating margin stands at 4.2%, 0 percentage points above its three-year average. Operating margin was highest at 7.6% in Dec 2025 and lowest at -4.1% in Dec 2023.

PINS EBITDA margin

The average EBITDA margin for Pinterest was 4.8% across the past 3 years. At present, the current EBITDA margin for Pinterest is 4.8%, in line with its three-year average. The EBITDA margin for Pinterest moved between -3.3% in Dec 2023 and 8.5% in Dec 2025.

PINS Net margin

Pinterest recorded an average net margin of 20.17% across the last 3 years. Pinterest currently reports a net margin of 3.8%, 16.4 percentage points below its three-year average. Pinterest's net margin ranged from a low of -1.2% in Dec 2023 to a high of 51.1% in Dec 2024.

PINS margin group comparison

Margins compared with peer-group, industry and sector averages

Pinterest's gross margin of 79% is higher than the Technology sector and the industry average. In comparison with the Technology sector average of 52.4%, Pinterest's gross margin is 51% higher.

PINS margin peer comparison

Compare margins with selected peers

Frequently asked questions

What is Pinterest's gross margin?

As of Sep 30, 2026, PINS has a gross margin of 79%.

What is Pinterest's operating margin?

The current operating margin for PINS is 4.2% as of Sep 30, 2026.

What is Pinterest's EBITDA margin?

As of Sep 30, 2026, PINS has an EBITDA margin of 4.8%.

What is Pinterest's net margin?

For the period ending Sep 30, 2026, PINS recorded a net margin of 3.8%.

What are the average margins of PINS?

Over the past 3 years, PINS reported average margins of 79.2% gross, 4.2% operating, 4.8% EBITDA, and 20.2% net.

What are the highest historical margins of PINS?

Across the 5-year period, PINS posted its highest margins at 80.1% gross in Dec 2025, 12.9% operating in Mar 2022, 13.6% EBITDA in Mar 2022, and 51.1% net in Dec 2024.

What are the lowest historical margins of PINS?

In the last 5 years, the lowest margins reported by PINS were 75.1% gross in Mar 2023, -13.2% operating in Jun 2023, -11.8% EBITDA in Jun 2023, and -10.6% net in Mar 2023.