| Quarter | Call date | Disclosure | Financial quality | Kept | Missed | |
|---|---|---|---|---|---|---|
| Q2'26 | August 4, 2026 | 8/12 | 1 medium, 2 low flags | 2 | 0 | Call sheet → |
| Q1'26 | May 4, 2026 | 9/12 | 2 medium, 4 low flags | 3 | 0 | Call sheet → |
| Q4'25 | February 12, 2026 | 8/12 | 1 high, 2 medium, 3 low flags | 2 | 3 | Call sheet → |
| Marked | Status | Promise |
|---|---|---|
| Q2'26 | Pending | Plan to expand the AI bidding/measurement pilot to additional large sophisticated advertisers 'later this year' Management described expansion underway during Q3. This supports progress, but not completion of the full later-year rollout. |
| Q2'26 | Exceeded | Q2 2026 adjusted EBITDA guidance of $256M-$276M Actual Q2 adjusted EBITDA was $311M, well above the high end of guidance. |
| Q2'26 | Exceeded | Q2 2026 revenue guidance of $1,133M-$1,153M, 14-16% YoY growth Actual Q2 revenue came in at $1,180M, up 18% YoY, above the high end of the prior range. |
| Q1'26 | Pending | Full-year 2026 adjusted EBITDA margin around 29% including TV Scientific Q1 at 20%, Q2 guided to 22-24%, need H2 improvement to hit full-year target |
| Q1'26 | Delivered | Pinterest Performance Plus to be 'multiyear customer adoption and product cycle' Now at 30% of lower-funnel revenue, adopters growing spend 2x faster than non-adopters |
| Q1'26 | Pending | Deeper measurement integrations with third-party partners 'later this year' Still on timeline, pilot showing 15-20% lifetime value ROAS improvement |
| Q1'26 | Delivered | TV Scientific acquisition to close in Q1 or Q2 Closed in Q1, already showing early integration results with Pinterest audience data |
| Q1'26 | Delivered | Broadening revenue mix with mid-market, SMB, and international advertisers Revenue growth excluding large retailers accelerated Q1 vs Q4, showing diversification progress |
| Q1'26 | Pending | Return to mid to high teens growth or better over time Q1 delivered 18% but Q2 guided to 14-16%, so trending toward lower end of range |
| Q4'25 | Pending | International monetization gap narrowing Still early but international ARPU metrics not disclosed this quarter |
| Q4'25 | Delivered | Performance+ driving higher adoption and spend SMB Performance+ adopters showed 12% higher monthly growth rate |
| Q4'25 | Missed | Europe revenue momentum with lower funnel playbook Europe growth decelerated 1600bps to 25% despite management confidence |
| Q4'25 | Delivered | Pinterest Assistant beta rollout to small set of test users Launched in beta Q4 as promised, showing 25pp higher commercial intent |
| Q4'25 | Missed | Continue to see opportunities to drive growth in UCAN UCAN growth remained flat at 9% for second straight quarter |
| Q4'25 | Missed | Mid to high teens revenue growth target over the long term Q4 revenue growth was 14%, Q1 guidance midpoint is 12.5% - below stated target range |
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