For the quarter ending 2026-03-31, PINS had -$591,276K decrease in cash & cash equivalents over the period. $311,682K in free cash flow.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Net income (loss) | -73,587 | 277,070 | 92,108 | 38,755 |
| Depreciation and amortization | 8,826 | 6,008 | 7,205 | 6,090 |
| Share-based compensation | 231,446 | 230,667 | 235,136 | 227,234 |
| Deferred income taxes | 5,334 | 46,746 | -8,279 | -5,925 |
| Non-cash charitable contributions | - | 0 | 0 | 13,495 |
| Impairment and abandonment charges for leases and leasehold improvements | - | 0 | - | - |
| Net amortization of investment premium and discount | 3,221 | 4,456 | 4,123 | 4,105 |
| Other | 6,891 | 2,597 | 6,447 | -16,132 |
| Accounts receivable | -195,004 | 198,971 | 40,724 | 49,784 |
| Prepaid expenses and other assets | 21,975 | -1,468 | -17,883 | 23,814 |
| Operating lease right-of-use assets | -10,601 | -9,075 | -7,575 | -7,023 |
| Accounts payable | -83,569 | 35,291 | -1,141 | -4,284 |
| Accrued expenses and other liabilities | 76,864 | -2,149 | 31,793 | -3,883 |
| Operating lease liabilities | -10,809 | -6,939 | -9,334 | -9,241 |
| Net cash provided by operating activities | 328,023 | 391,213 | 321,652 | 207,693 |
| Purchases of property and equipment | 16,341 | 10,845 | 3,231 | 11,010 |
| Purchases of marketable securities | 228,649 | 332,498 | 356,135 | 462,975 |
| Sales of marketable securities | 403,890 | 8,827 | 9,758 | 10,540 |
| Maturities of marketable securities | 400,939 | 368,241 | 255,521 | 377,376 |
| Acquisition of business, net of cash acquired | 446,954 | - | - | - |
| Net cash provided by investing activities | 112,885 | 33,725 | -94,087 | -86,069 |
| Proceeds from exercise of stock options, net | 0 | 0 | 0 | 0 |
| Repurchases of class a common stock | 1,946,308 | 502,000 | 197,387 | 52,626 |
| Shares repurchased for tax withholdings on release of restricted stock units and restricted stock awards | 68,899 | 84,722 | 114,792 | 105,714 |
| Proceeds from issuance of convertible notes, net of issuance costs | 984,985 | - | - | - |
| Other financing activities | -1,890 | - | - | - |
| Net cash used in financing activities | -1,032,112 | -586,722 | -312,179 | -158,340 |
| Effect of exchange rate changes on cash, cash equivalents and restricted cash | -72 | -54 | 77 | 1,376 |
| Net increase (decrease) in cash, cash equivalents and restricted cash | -591,276 | -161,838 | -84,537 | -35,340 |
| Cash, cash equivalents and restricted cash, beginning of period | 975,362 | 1,137,200 | 1,221,737 | 1,257,077 |
| Cash, cash equivalents and restricted cash, end of period | 384,086 | 975,362 | 1,137,200 | 1,221,737 |
PINTEREST, INC. (PINS)
PINTEREST, INC. (PINS)