Pinterest shares jump nearly 10% after Q1 earnings beat and strong user growth

Pinterest reported Q1 2026 adjusted earnings of $0.27 per share and revenue of $1.01 billion, both surpassing expectations. The company saw an 18% year-over-year revenue increase and a record 631 million global monthly active users, up 11%. Despite a GAAP net loss of $74 million, adjusted EBITDA rose 20% to $207 million, supported by $312 million in free cash flow and $2 billion in share buybacks. Pinterest's optimistic Q2 revenue guidance of $1.13-$1.15 billion and focus on AI-driven advertising tools highlight its growth strategy amid improving ad dynamics and user engagement.