#Pinterest earning full#

We intend to provide further detail on our outlook during the conference call. MAUs were approximately 86.6 million and global MAUs were approximately 436.8 million**.

#Pinterest earning full#

For the full year, we expect non-GAAP operating expenses to grow around 40% year-over-year as we ramp up our investments in our native content ecosystem, core Pinner experience, and headcount across research and development and sales and marketing*.Īs of February 1, 2021, U.S. We expect our non-GAAP operating expenses to grow around 10% quarter-over-quarter in Q1*. Our current expectation is that Q1 revenue will grow in the high teens percentage range year over year. The following table summarizes our consolidated financial results (in thousands, except percentages, unaudited): “As we look ahead to 2022, we plan to further invest in our business as we scale the distribution of Idea Pins through our creator-led content efforts and enhance our core Pinner experience and shopping to make Pinterest the destination for inspiration and action on the internet.” And, I’m proud to say that for the first time, we surpassed $2 billion in revenue for the year - growing 52% over the previous year - and reached our first full year of GAAP profitability,” said Ben Silbermann, CEO and co-founder, Pinterest. “We took important steps in 2021 with the launch of our foundational technology to deliver a video-first publishing platform.

GAAP net income was $175 million for Q4, including a $49 million one-time share-based compensation charge related to our co-founder’s transition and a $25 million non-cash charitable contribution. Global Monthly Active Users (MAUs) decreased 6% year over year to 431 million. Q4 revenue grew 20% year over year to $847 million. (NYSE: PINS) today announced financial results for the quarter and year ended December 31, 2021. SAN FRANCISCO-( BUSINESS WIRE)-Pinterest, Inc.