PINS 最新10-Q变化

相对上期新增的文字 · 来源:10-Q · 2026-05-04

• In January 2026, we initiated a global restructuring plan (the “Restructuring Plan”) to support our transformation initiatives, including but not limited to (i) reallocating resources to AI-focused roles and teams that drive AI adoption and execution, (ii) prioritizing AI‑powered products and capabi…

• As part of the Restructuring Plan, we commenced a workforce reduction of less than 15% as well as office space reductions.

• Restructuring charges during the three months ended March 31, 2026 were as follows (in thousands):

• Severance and Other Personnel CostsShare Based CompensationOffice Space ReductionsTotal

• We expect to incur total charges of $59.6 million to $69.6 million under the Restructuring Plan, including additional charges of $12.5 million to $22.5 million, which we expect to incur through the end of the third quarter of 2026. We will record additional charges under the Restructuring Plan as in…

相对上期删除的文字 · 来源:10-Q · 2025-11-04

• (1)We began excluding payroll tax expense related to share-based compensation from Adjusted EBITDA in the fourth quarter of 2024 because these taxes are variable due to our stock price and other factors outside our control and therefore are not reflective of our ongoing business operations or the un…

• (2)On November 1, 2024, we reached a settlement to resolve pending litigation relating to allegations concerning the early development of Pinterest. We recorded legal settlement expense of $34.7 million, net of insurance proceeds, for the three and nine months ended September 30, 2024, which we have…

• Interest and Other Income (Expense), Net. Interest and other income (expense), net consists primarily of interest earned on our cash equivalents and marketable securities and foreign currency exchange gains and losses.

• Benefit from income taxes. Benefit from income taxes consists primarily of income taxes in foreign jurisdictions and U.S. federal and state income taxes.

• Research and development for the three and nine months ended September 30, 2025 increased by $44.6 million and $142.8 million, respectively, compared to the three and nine months ended September 30, 2024. These increases were primarily due to 18% and 19% respective increases in personnel expenses du…

相对上期新增的文字 · 来源:10-Q · 2026-05-04

• As of March 31, 2026, the net carrying amount of the Notes was $980.2 million. Changes in interest rates do not affect the interest expense incurred on the Notes as the Notes bear interest at fixed rates and are carried at amortized cost. However, the fair value of the Notes as described in Note 2 w…

相对上期新增的文字 · 来源:10-Q · 2026-05-04

• These and other factors could reduce the amount that advertisers spend on our platform, or cause advertisers to stop advertising with us altogether. For example, we have seen reduced spending from certain advertisers due to the impact of tariffs and related retaliatory actions.

• •our platform's brand is less, or no longer, relevant to users;

• •there is not a sufficient number of consumer products discoverable or actionable through our platform;

• •text, voice or visual search queries by users do not yield relevant results;

• using our platform. If we fail to identify and remove from our platform advertisers and merchants who offer poor quality goods or fail to deliver goods to their customers, we may lose user confidence. In addition, controversies regarding content on other online platforms, such as the allegations of …

相对上期删除的文字 · 来源:10-Q · 2025-11-04

• These and other factors could reduce the amount that advertisers spend on our platform, or cause advertisers to stop advertising with us altogether.

• allegations of the impact of social media on the mental health of users, may impact user engagement and advertising spending on our platform. Any of these factors could decrease our user growth, retention or engagement.

• We also face competition from smaller companies in one or more high-value verticals that offer users engaging content and commerce opportunities through similar technology, products, features or services to ours. In addition,

• emerging startups may be able to innovate and provide technology, products, services or features similar to ours or before us.

• The growth and expansion of our business and product offerings and the increase in full-time employees place significant challenges on our management, operational and financial resources, including managing multiple relationships with users, creators, publishers, advertisers, technology licensors an…

相对上期新增的文字 · 来源:10-Q · 2026-05-04

• On February 26, 2026, Wanji Walcott, our Chief Legal and Business Affairs Officer, (a) terminated a trading plan that was adopted on August 12, 2025, and intended to satisfy Rule 10b5-1(c) under the Exchange Act, as amended ("Rule 10b5-1(c)"), to sell between November 11, 2025, and December 23, 2026…

• On February 27, 2026, Benjamin Silbermann, our Co-Founder and Non-Executive Chair of the Board of Directors, adopted a trading plan intended to satisfy Rule 10b5-1(c) to sell, between May 29, 2026, and May 28, 2027, up to 4,500,000 shares of our Class A common stock.

• On March 5, 2026, Andrea Acosta, our Chief Accounting Officer, adopted a trading plan intended to satisfy Rule 10b5-1(c) to sell between June 5, 2026 and March 24, 2027, (i) 5,891 shares of our Class A common stock and (ii) up to the net shares of our Class A common stock to be issued to Ms. Acosta …

相对上期删除的文字 · 来源:10-Q · 2025-11-04

• On August 12, 2025, Wanji Walcott, our Chief Legal and Business Affairs Officer, (a) terminated a trading plan that was adopted on August 22, 2024, and intended to satisfy Rule 10b5-1(c) under the Exchange Act, as amended ("Rule 10b5-1(c)"), to sell, between November 27, 2024 and December 31, 2025, …

• On September 12, 2025, Matthew Madrigal, our Chief Technology Officer, (a) terminated a trading plan that was adopted on December 12, 2024, and intended to satisfy Rule 10b5-1(c), to sell, between March 17, 2025 and September 12, 2025, (i) up to 40,000 shares of our Class A common stock and (ii) up …