Pinterest Results Presentation Deck
Net income (loss)
Depreciation and amortization
Adjusted EBITDA reconciliation
Reconciliation of net income (loss) to adjusted EBITDA
(in millions)
Share-based compensation
Interest income
Interest and other expense (income), net
Provision for (benefit from) income taxes
Non-cash charitable contributions
Adjusted EBITDA
March 31, 2021
$(21.7)
6.8
79.5
(1.5)
1.6
(1.3)
20.5
$83.8
Three months ended
June 30, 2021
$69.4
6.8
100.3
(1.1)
(0.3)
3.2
0.0
$178.2
September 30, 2021
$94.0
6.8
96.3
(0.8)
4.8
0.5
0.0
$201.5
December 31, 2021
$174.7
7.2
139.4
(0.8)
3.4
2.1
24.8
$350.9
Note: Adjusted EBITDA is a non-GAAP financial measure. We define adjusted EBITDA as net income (loss) adjusted to exclude depreciation and amortization expense, share-based compensation
expense, interest and other (income) expense, net and provision for (benefit from) income taxes, and non-cash charitable contributions. Note: Totals may not sum due to rounding. © 2022 Pinterest. All
rights reserved.
March 31, 2022
$(5.3)
7.2
73.2
(1.1)
1.6
1.1
0.0
76.8
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