Quality Investor

Pinterest, Inc.

Rank #30Capital ReturnWatchlistCompare with other stocks

PINS · NYSE · Communication Services

Pinterest, Inc. (PINS) — Rank #30 by gross profitability (GP/assets 0.68) · ROE 13.4% · Piotroski F-Score 6 / 9.

As-of 2026-10-30 · CIK 0001506293 · all metrics point-in-time as of the filing date.

About

Pinterest, Inc. operates as a visual search and discovery platform in the United States, Canada, Europe, and internationally.

Show more

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.

Industry
Internet Content & Information
Sector
Communication Services
State
DE
Filer Category
Large accelerated filer
Fiscal Year End
December 31

Company Snapshot

P/E and reverse DCF are the primary valuation lenses at this stage.

Market Cap

—

P/E (annual)

—

P/S (annual)

—

P/B

—

P/OCF (annual)

—

Shareholder Yield

—

Employees

5,116

Industry

Internet Content & Information

Exchange

NYSE

11/12

Flags passed

PINS passes 11/12 quality flags

1 caution to review

  • CAUTION
    Disclosure regression

    A previously-disclosed line item is no longer reported — worth checking the filing for why

  • PASS
    Gross margin holding
  • PASS
    Dilution within 2%
  • PASS
    FCF not negative from investment
  • PASS
    Revenue not declining
  • PASS
    Operating margin holding
  • PASS
    Free cash flow intact
  • PASS
    Passes safety gate
  • PASS
    Balance sheet stable
  • PASS
    No competitive retreat
  • PASS
    SBC not compressing margin
  • PASS
    No valuation convergence

Strengths Operating leverage expanding · Deferred revenue growing · Sequential beat (rev + EPS)

A count of the 12 warning flags that could be evaluated. Unweighted: colour follows the worst flag.

Quality Profile

Profitability

1/1 pass
GP / assets
0.68
Return on equity
13.4%
Gross margin trend
PASS

Safety

1/1 pass
Balance-sheet safety
PASS
Debt / equity
0.59
Current ratio
4.28×
Net cash
$1.47B

Cash Flow

3/3 pass
Positive FCF
PASS
Cash-backed earnings
PASS
Accruals healthy
PASS
SBC / revenue
20.9%

Growth

2/2 pass
Revenue growth
15.8%
Piotroski F-Score
6 / 9
Share dilution
-1.5%

FCF yield, shareholder yield, and buyback activity are the primary reads at this stage.

Profitability

Does it make money well?

No warning flags · GP/assets 0.68

Gross profitability (GP / assets)

0.68

Primary signal (Novy-Marx).

2nd of 15 SIC 7370 peers

Return on equity

13.4%

Gross margin

80.1%

5th of 15 SIC 7370 peers

Revenue growth (YoY)

15.8%

Gross margin improving

Margin trend vs prior year.

PASS

Operating Leverage

2022202320242025
Revenue vs COGS
Revenue vs OpEx
Op. Income vs Revenue

Growth

Revenue CAGR (3Y)

14.6%

Revenue CAGR (5Y)

20.1%

Earnings CAGR (3Y)

—

FCF CAGR (3Y)

41.7%

Cash Flow Health

Is the cash real?

No warning flags · FCF 200% above net income

Free cash flow

$1.25B

Operating cash flow minus capex.

Positive free cash flow

PASS

FCF vs net income

200.3%

(FCF − net income) ÷ |net income|. Positive: cash above earnings. Negative: below.

FCF not below net income

Fails when free cash flow is below net income (yellow flag).

PASS

Accruals healthy

Cash-backed earnings.

PASS

SBC / revenue

20.9%

Stock-based comp intensity.

Balance Sheet Strength

Can it survive a storm?

No warning flags · net cash $1.47B, F-Score 6/9

Balance-sheet safety

Composite anti-fragile check.

PASS

Debt / equity

0.59

10th of 14 SIC 7370 peers (best = lowest)

Current ratio

4.28×

4th of 15 SIC 7370 peers

Quick ratio

4.04×

Net cash

$1.47B

Cash & equivalents minus total debt.

Piotroski F-Score

6 / 9

Fundamental-strength score (0-9).

Valuation

Is the price reasonable?

No warning flags

Capital allocation quality

Composite score

3.0 / 5

Good
Share count trend(net buybacks)
-1.5%3/5 Good
Buyback timing
N/AN/A
Dividend growth consistency(non-payer or broken streak)
0 yr3/5 Good
Net debt trajectory
-0.8%3/5 Good

Lifecycle Phase History

20202025
Hypergrowth
Startup
Op. Leverage
Capital Return

Price History

PINS-66.3% · -19.5% CAGRSPY+82.9% · +12.8% CAGR