"The social media company blamed its slower growth on the impact that tariffs were having on large retailers, who have reduced ad spending. Pinterest has long tended to be more exposed to this segment of the advertising market, while Alphabet and Meta Platforms, by contrast, are much more tied to smaller merchants. Given its platform, Pinterest is also pretty largely exposed to the home furnishings industry, which has been struggling with both tariffs and the after-effects of a pull-through in demand during the COVID-19 pandemic."
"For Q4, Pinterest's revenue climbed 14% year over year to $1.32 billion, which was essentially in line with the $1.33 billion consensus estimates, as compiled by LSEG. U.S. and Canadian revenue rose by 9% to $979 million, while European revenue soared 25% to $245 million, and the "rest of world" segment revenue jumped 64% to $96 million. Pinterest's monthly active users (MAUs) grew by 12% to 619 million, led by a 16% jump in "rest of world" users to 356 million"
"Pinterest's global average revenue per user (ARPU) edged up by 2% year over year to $2.16; however, this number is impacted by regional mix. European ARPU climbed by 15% to $1.59, while "rest of world" ARPU soared 42% to $0.27. U.S. and Canadian ARPU, meanwhile, increased by 4% to $9.41. Turning to profitability, Pinterest saw its adjusted earnings before interest, taxes, depreciation, and amortization ( EBITDA) increase by 15% year over year to $541.5 milli"
Pinterest reported Q4 revenue up 14% to $1.32 billion, roughly matching consensus, with U.S./Canada up 9%, Europe up 25%, and rest-of-world up 64%. Monthly active users grew 12% to 619 million, driven by international expansion. Global ARPU rose 2% to $2.16, with stronger ARPU gains in Europe and rest-of-world and a 4% ARPU increase in U.S./Canada. The company attributed slower advertising growth to tariffs hitting large retailers and the home furnishings sector. Adjusted EBITDA grew about 15% year over year to roughly $541.5 million, while the stock sold off sharply after cautious guidance.
Read at The Motley Fool
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