Pinterest Announces First Quarter 2024 Results, Reports 23% Revenue Growth and More Than Half A Billion Monthly Active Users

SAN FRANCISCO--(BUSINESS WIRE)--Pinterest, Inc. (NYSE: PINS) today announced financial results for the quarter ended March 31, 2024. Q1 revenue grew 23% year over year to $740 million. Global Monthly Active Users ("MAUs") increased 12% year over year to 518 million. GAAP net loss was $25 million for Q1. Adjusted EBITDA was $113 million for Q1. Total costs and expenses were $794 million. “Q1 was a milestone quarter for Pinterest as we reached new highs: surpassing half a billion monthly active u