For the year ending 2025-12-31, PINS had -$165,859K decrease in cash & cash equivalents over the period.
| Cash Flow | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Net income (loss) | 416,855 | 1,862,106 | -35,610 | -96,047 |
| Depreciation and amortization | 25,151 | 21,266 | 21,509 | 46,489 |
| Share-based compensation | 880,463 | 765,795 | 647,860 | 497,123 |
| Deferred income taxes | 10,468 | -1,600,434 | - | - |
| Non-cash charitable contributions | 13,495 | 0 | 12,890 | 0 |
| Impairment and abandonment charges for leases and leasehold improvements | 0 | 0 | 117,315 | - |
| Net amortization of investment premium and discount | 18,092 | 29,017 | 21,897 | - |
| Other | -7,848 | -2,320 | 2,438 | 13,889 |
| Accounts receivable | 104,398 | 128,946 | 80,782 | 28,856 |
| Prepaid expenses and other assets | 3,502 | 17,187 | -18,102 | 30,214 |
| Operating lease right-of-use assets | -30,895 | -32,711 | -55,324 | -56,024 |
| Accounts payable | 42,902 | 3,828 | -9,261 | 70,777 |
| Accrued expenses and other liabilities | 15,359 | 91,632 | -43,544 | 20,627 |
| Operating lease liabilities | -33,180 | -39,480 | -66,507 | -52,832 |
| Net cash provided by operating activities | 1,284,264 | 964,594 | 612,961 | 469,202 |
| Purchases of property and equipment and intangible assets | - | - | 8,063 | 28,984 |
| Purchases of property and equipment | 32,375 | 24,606 | - | - |
| Purchases of marketable securities | 1,566,944 | 1,510,013 | 1,308,020 | 1,028,480 |
| Sales of marketable securities | 31,475 | 22,040 | 35,850 | 7,417 |
| Maturities of marketable securities | 1,433,362 | 1,291,562 | 1,243,240 | 1,007,861 |
| Acquisition of business, net of cash acquired | - | 0 | 0 | 86,059 |
| Other investing activities | - | - | - | 0 |
| Net cash used in investing activities | -134,482 | -221,017 | -36,993 | -128,245 |
| Proceeds from exercise of stock options, net | 8,053 | 22,133 | 8,256 | 12,882 |
| Repurchases of class a common stock | 927,013 | 600,198 | 500,000 | - |
| Shares repurchased for tax withholdings on release of restricted stock units and restricted stock awards | 398,982 | 390,254 | 335,019 | 161,809 |
| Payment of deferred offering costs and other financing activities | - | - | 0 | 0 |
| Net cash used in financing activities | -1,317,942 | -968,319 | -826,763 | -148,927 |
| Effect of exchange rate changes on cash, cash equivalents and restricted cash | 2,301 | -2,569 | 1,667 | -1,434 |
| Net decrease in cash, cash equivalents and restricted cash | -165,859 | -227,311 | -249,128 | 190,596 |
| Cash and cash equivalents at beginning of period | 1,141,221 | 1,368,532 | 1,617,660 | 1,427,064 |
| Cash and cash equivalents at end of period | 975,362 | 1,141,221 | 1,368,532 | 1,617,660 |
PINTEREST, INC. (PINS)
PINTEREST, INC. (PINS)