$PINS

What Pinterest (PINS) Said on Its Q3 Earnings Call

Pinterest (PINS) reported Q3 revenue of $1.174 billion, with U.S./Canada up 14% and Europe roughly flat. Global growth decelerated to 12% due to international headwinds. The company launched AI-driven ad products and forecast Q4 revenue of $1.425B-$1.475B. Adjusted EBITDA was $339M, with a 29% margin.

Original reporting
Published Oct 31, 2026, 12:13 AM UTC
Analysis
AlphAI AI DeskAI-generated
Added to AlphAI Oct 31, 2026, 12:18 AM UTC. Informational, not investment advice.
How this was made
AlphAI summarizes source reporting and applies a structured AI analysis for relevance, timing, sentiment and ticker impact. Always verify material claims with the original publisher.
What Pinterest (PINS) Said on Its Q3 Earnings Call — source image
Decision brief

The 30-second read

$PINSBearishHigh
01

Why it matters

The earnings beat on cash flow but miss on growth may cause short‑term volatility; long‑term upside hinges on AI ad products.

02

Market read

First‑time disclosure of Q3 numbers and Q4 guidance for Pinterest, a key player in visual ad tech.

03

What to watch

AI‑driven ad products and new programmatic partnerships could unlock incremental revenue not reflected in current guidance.

Relevance 7/10Novelty 8/10Timing: after-hours earnings release

Background

Pinterest reported Q3 results with detailed segment revenue, adjusted EBITDA, cash flow, and Q4 outlook.

Company-level read

Ticker impact

$PINSBearishHigh confidence
Context

Q3 earnings disclosed revenue, EBITDA, cash flow and provided Q4 guidance, all first reported in this article.

Expected impact

likely modest downside as investors price in slower growth and modest outlook

Evidence & confidence

Revenue growth decelerated to 12% YoY, adjusted EBITDA margin slipped, and Q4 revenue guidance of $1.425‑$1.475B reflects only 8‑12% growth, below prior expectations.

Market effects

Signals slower momentum for digital advertising platforms, may affect peers like META and SNAP.

U.S. and Canada revenue still strong, but Europe flat; could weigh on European ad tech stocks.

Adds nuance to broader ad‑spend outlook amid macro headwinds.

Counterpoint

Guidance still implies double‑digit growth; investors could view the outlook as a floor and buy on dip.

Key entities

  • Bill Ready

    CEO who presented the earnings and guidance.

  • James Dibbo

    New CFO commenting on upside opportunity.

Related articles

$PINSMed

61% Upside for Pinterest? UBS Thinks So, and Here’s How

UBS maintained a Buy rating on Pinterest (PINS) with a $32 price target, 61% above its current stock price, despite a Q3 revenue miss. Revenue growth slowed to 12% from 18% due to new European regulations. UBS's target implies a 14x earnings multiple, below the 5-year average of 24x. Pinterest's stock is down 39% over the past year, and other analysts have cut their targets more significantly.

$PINSHighAI 8/10

Pinterest earnings analysis: questions answered and next catalysts

Pinterest Inc (PINS) reported Q3 FY2026 earnings missing expectations, with adjusted EPS of $0.46 vs $0.49 and revenue of $1.17B vs $1.21B. Q4 guidance was below consensus, with revenue expected between $1.425B and $1.475B. The stock is down 7.58% to $18.41. Management cited World Cup, Prime Day timing, FX, and EU regulatory changes as factors. Analysts have mixed views on the stock's outlook.

$RDDTHighAI 8/10

Reddit shares plunge the most ever as Google’s AI search squeezes traffic

Reddit (RDDT) shares dropped 29% after warning Google's AI search is reducing referral traffic, potentially shrinking its user base. The company forecasts a low double-digit percentage decline in daily active users for Q4. Rival Pinterest (PINS) fell 8% after missing revenue and profit estimates. Both stocks have seen significant declines this year. Reddit extended its cloud services agreement with Google, committing $580M over three years.

$RDDTHighAI 8/10

Reddit Sinks 25% as Search Traffic Falls “Down Meaningfully” and Q4 Guidance Disappoints

Reddit's shares dropped 25% due to weak Q4 guidance and a decline in search referral traffic. Q3 revenue grew 53% to $895M, but U.S. daily users fell 2%. Reddit attributes the traffic loss to Google, as Alphabet's search queries grew. Reddit's Q4 guidance of $1.00-$1.03B missed estimates. Pinterest, which also reported, saw record users but missed estimates due to other factors.