Pinterest, Inc.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $416.9M | $1.86B | $-35.6M | $-96.0M | $316.4M | $-128.3M | $-1.36B | $-63.0M |
| Depreciation & Amortization | $25.2M | $21.3M | $21.5M | $46.5M | $27.5M | $37.0M | $27.8M | $20.9M |
| Depreciation | $19.4M | $13.9M | $14.1M | $21.6M | $26.2M | $36.0M | $26.3M | $20.1M |
| Amortization | $5.8M | $7.4M | $7.4M | $24.9M | $1.3M | $1.0M | $1.5M | $700.0K |
| Stock-Based Compensation | $880.5M | $765.8M | $647.9M | $497.1M | $415.4M | $321.0M | $1.38B | $14.9M |
| Net Cash from Operating Activities | $1.28B | $964.6M | $613.0M | $469.2M | $752.9M | $28.8M | $657.0K | $-60.4M |
| Investing Activities | ||||||||
| Capital Expenditures | $32.4M | $24.6M | $8.1M | $29.0M | $9.0M | $17.4M | $33.8M | $22.2M |
| Business Acquisitions | — | $0 | $0 | $86.1M | $36.9M | $0 | $0 | — |
| Net Cash from Investing Activities | $-134.5M | $-221.0M | $-37.0M | $-128.2M | $-25.9M | $-47.6M | $-586.5M | $114.1M |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | $927.0M | $600.2M | $500.0M | $0 | $0 | — | — | — |
| Net Cash from Financing Activities | $-1.32B | $-968.3M | $-826.8M | $-148.9M | $22.2M | $19.6M | $1.13B | $-2.2M |
| Net Change in Cash | $-165.9M | $-227.3M | $-249.1M | $190.6M | $748.2M | $1.2M | $542.5M | $51.3M |
| Free Cash Flow | $1.25B | $940.0M | $604.9M | $440.2M | $743.9M | $11.4M | $-33.1M | $-82.6M |