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Pinterest Shares Plummet 20% After Disappointing Q4 Results

2/13/2026

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Story summary
  • Pinterest shares fell 20% in after-hours trading after a Q4 earnings miss.
  • Adjusted earnings per share were 67 cents, with revenue at $1.32 billion.
  • Net income fell 85% to $277 million year over year.
  • CEO Bill Ready said tariffs weighed on major advertisers, and Pinterest will target smaller and international advertisers.
  • Pinterest plans to lay off under 15% of staff to focus on AI-powered products, risking disruptions.