Pinterest’s (PINS) stock is down 20% after the social media company reported financial results and forward guidance that disappointed Wall Street.
The company, which allows users to share images and other items online, announced earnings per share (EPS) of $0.67 U.S., which was below the $0.69 U.S. expected among analysts.
Revenue for what was the fourth quarter of 2025 totaled $1.32 billion U.S., which was short of the $1.33 billion U.S. forecast on Wall Street. Sales were up 14% from a year earlier.
This is the second consecutive quarter that Pinterest has delivered disappointing financial results. Management blamed the poor print on impacts from tariffs.
Pinterest said that retailers struggling with tariff costs pulled back on their advertising spend in Q4 2025.
Looking ahead, Pinterest said it expects current first-quarter 2026 sales to come in between $951 million U.S. and $971 million U.S. That was below analyst estimates of $980 million U.S.
While Pinterest sees advertisers returning in the long term, the company said, “the near-term outlook for this cohort on our platform remains pressured given these headwinds.”
This January, Pinterest announced that it would layoff about 15% of its workforce and reduce its office space in an effort to shift resources to the development of artificial intelligence products.
The January restructuring “may cause some near-term disruption,” said Pinterest in its earnings release.
Prior to today (Feb. 13), Pinterest’s stock had fallen 53% over the last 12 months to trade at $18.54 U.S. a share.
Tech Insider
