Financial Statements — PINS
Balance Sheet
(in billions USD)| Metric | Q2
2026 | Q1
2026 | Q3
2025 | Q2
2025 | Q1
2025 | Q3
2024 | Q2
2024 | Q1
2024 | Q3
2023 | Q2
2023 | Q1
2023 | Q3
2022 | Q2
2022 | Q1
2022 | Q3
2021 | Q2
2021 | Q1
2021 |
|---|
| Cash & Equivalents | 0.42 | 0.38 | 1.13 | 1.22 | 1.25 | 1.04 | 1.38 | 1.63 | 1.17 | 1.18 | 1.65 | 1.67 | 1.64 | 1.68 | 1.23 | 1.01 | 0.91 |
| Accounts Receivable | 0.93 | 0.83 | 0.80 | 0.76 | 0.71 | 0.68 | 0.66 | 0.56 | 0.62 | 0.54 | 0.49 | 0.51 | 0.51 | 0.47 | 0.51 | 0.47 | 0.39 |
| Total Current Assets | 2.32 | 2.24 | 3.57 | 3.52 | 3.40 | 3.23 | 3.49 | 3.41 | 3.04 | 2.94 | 3.30 | 3.26 | 3.25 | 3.21 | 2.87 | 2.66 | 2.46 |
| Property, Plant & Equipment | 0.10 | 0.08 | 0.05 | 0.05 | 0.05 | 0.04 | 0.04 | 0.04 | 0.03 | 0.03 | 0.03 | 0.07 | 0.07 | 0.05 | 0.05 | 0.06 | 0.06 |
| Goodwill | 0.48 | 0.48 | -- | -- | -- | -- | -- | -- | -- | -- | -- | 0.10 | 0.10 | -- | -- | -- | -- |
| Intangible Assets | 0.08 | 0.09 | -- | -- | -- | -- | -- | -- | -- | -- | -- | 0.04 | 0.05 | -- | -- | -- | -- |
| Total Non-current Assets | 0.24 | 0.24 | 0.19 | 0.13 | 0.13 | 0.13 | 0.12 | 0.12 | 0.13 | 0.12 | 0.13 | 0.27 | 0.28 | 0.28 | 0.26 | 0.20 | 0.21 |
| Total Assets | 4.76 | 4.65 | 5.52 | 5.40 | 5.28 | 3.49 | 3.75 | 3.67 | 3.30 | 3.20 | 3.57 | 3.69 | 3.69 | 3.56 | 3.15 | 2.89 | 2.69 |
| Accounts Payable | 0.15 | 0.07 | 0.09 | 0.09 | 0.10 | 0.09 | 0.07 | 0.08 | 0.07 | 0.06 | 0.08 | 0.09 | 0.06 | 0.01 | 0.06 | 0.05 | 0.05 |
| Total Current Liabilities | 0.61 | 0.53 | 0.43 | 0.40 | 0.40 | 0.41 | 0.37 | 0.34 | 0.30 | 0.32 | 0.32 | 0.34 | 0.35 | 0.23 | 0.24 | 0.24 | 0.21 |
| Total Non-current Liabilities* | 1.26 | 1.26 | 0.26 | 0.19 | 0.19 | 0.19 | 0.18 | 0.18 | 0.19 | 0.19 | 0.18 | 0.20 | 0.21 | 0.23 | 0.21 | 0.14 | 0.15 |
| Total Liabilities | 1.87 | 1.79 | 0.69 | 0.59 | 0.59 | 0.60 | 0.55 | 0.52 | 0.50 | 0.51 | 0.51 | 0.55 | 0.56 | 0.46 | 0.45 | 0.38 | 0.36 |
| Retained Earnings | 0.01 | 0.06 | (0.15) | (0.24) | (0.28) | (2.14) | (2.17) | (2.18) | (2.35) | (2.36) | (2.32) | (2.13) | (2.07) | (2.02) | (2.19) | (2.29) | (2.36) |
| Total Stockholder Equity | 2.89 | 2.85 | 4.82 | 4.81 | 4.69 | 2.89 | 3.20 | 3.14 | 2.81 | 2.69 | 3.06 | 3.14 | 3.14 | 3.10 | 2.70 | 2.50 | 2.33 |
* Derived from reported values
Income Statement
(in billions USD) (except per-share rows)| Metric | Q2
2026 | Q1
2026 | Q4
2025 | Q3
2025 | Q2
2025 | Q1
2025 | Q4
2024 | Q3
2024 | Q2
2024 | Q1
2024 | Q4
2023 | Q3
2023 | Q2
2023 | Q1
2023 | Q4
2022 | Q3
2022 | Q2
2022 | Q1
2022 | Q4
2021 | Q3
2021 |
|---|
| Total Revenue | 1.18 | 1.01 | 1.32 | 1.05 | 1.00 | 0.85 | 1.15 | 0.90 | 0.85 | 0.74 | 0.98 | 0.76 | 0.71 | 0.60 | 0.88 | 0.68 | 0.67 | 0.57 | 0.85 | 0.63 |
| Cost of Revenue | 0.26 | 0.24 | 0.23 | 0.21 | 0.20 | 0.20 | 0.20 | 0.19 | 0.18 | 0.18 | 0.18 | 0.17 | 0.17 | 0.17 | 0.19 | 0.18 | 0.16 | 0.15 | 0.14 | 0.13 |
| Gross Profit | 0.92 | 0.77 | 1.09 | 0.84 | 0.80 | 0.66 | 0.96 | 0.71 | 0.67 | 0.56 | 0.80 | 0.59 | 0.54 | 0.43 | 0.69 | 0.50 | 0.50 | 0.43 | 0.71 | 1.34 |
| Research & Development | 0.45 | 0.38 | 0.36 | 0.37 | 0.36 | 0.33 | 0.32 | 0.33 | 0.31 | 0.28 | 0.27 | 0.26 | 0.27 | 0.27 | 0.27 | 0.25 | 0.23 | 0.20 | 0.24 | 0.19 |
| Selling, General & Admin | 0.14 | 0.10 | 0.12 | 0.11 | 0.13 | 0.11 | 0.10 | 0.14 | 0.11 | 0.11 | 0.10 | 0.11 | 0.10 | 0.21 | 0.10 | 0.09 | 0.09 | 0.06 | 0.09 | 0.07 |
| Total Operating Expenses | 0.98 | 0.85 | 0.79 | 0.78 | 0.80 | 0.69 | 0.70 | 0.72 | 0.69 | 0.61 | 0.61 | 0.60 | 0.61 | 0.68 | 0.69 | 0.57 | 0.54 | 0.43 | 0.53 | 1.20 |
| Operating Income | (0.06) | (0.08) | 0.30 | 0.06 | -0.00 | (0.04) | 0.26 | (0.01) | (0.02) | (0.05) | 0.20 | -0.00 | (0.07) | (0.24) | 0.01 | (0.07) | (0.03) | -0.00 | 0.18 | 0.10 |
| Pretax Income | (0.05) | (0.06) | 0.33 | 0.09 | 0.03 | -0.00 | 0.28 | 0.03 | 0.01 | (0.03) | 0.23 | 0.02 | (0.05) | (0.22) | 0.03 | (0.07) | (0.04) | -0.00 | 0.18 | 0.09 |
| Tax Provision | -0.00 | 0.01 | 0.05 | -0.00 | -0.00 | (0.01) | (1.57) | -0.00 | -0.00 | -0.00 | 0.03 | 0.01 | (0.01) | (0.01) | 0.01 | -0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Income | (0.05) | (0.07) | 0.28 | 0.09 | 0.04 | 0.01 | 1.85 | 0.03 | 0.01 | (0.02) | 0.20 | 0.01 | (0.03) | (0.21) | 0.02 | (0.07) | (0.04) | (0.01) | 0.17 | 0.09 |
| Basic EPS | (0.08) | (0.12) | 0.41 | 0.14 | 0.06 | 0.01 | 2.72 | 0.05 | 0.01 | (0.04) | 0.30 | 0.01 | (0.05) | (0.31) | 0.04 | (0.10) | (0.07) | (0.01) | 0.27 | 0.15 |
| Diluted EPS | (0.08) | (0.12) | 0.41 | 0.13 | 0.06 | 0.01 | 2.66 | 0.04 | 0.01 | (0.04) | 0.30 | 0.01 | (0.05) | (0.31) | 0.04 | (0.10) | (0.07) | (0.01) | 0.26 | 0.14 |
Cash Flow Statement
(in billions USD)| Metric | Q2
2026 | Q1
2026 | Q4
2025 | Q3
2025 | Q2
2025 | Q1
2025 | Q4
2024 | Q3
2024 | Q2
2024 | Q1
2024 | Q4
2023 | Q3
2023 | Q2
2023 | Q1
2023 | Q4
2022 | Q3
2022 | Q2
2022 | Q1
2022 | Q4
2021 | Q3
2021 |
|---|
| Operating Cash Flow | 0.29 | 0.33 | 0.39 | 0.32 | 0.21 | 0.36 | 0.25 | 0.25 | 0.11 | 0.36 | 0.26 | 0.11 | 0.06 | 0.18 | 0.06 | 0.08 | 0.12 | 0.21 | 0.21 | 0.17 |
| Capital Expenditures | 0.02 | 0.02 | 0.01 | 0.00 | 0.01 | 0.01 | 0.00 | 0.00 | 0.00 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.01 | 0.01 | 0.00 | 0.00 |
| Free Cash Flow* | 0.27 | 0.31 | 0.38 | 0.32 | 0.20 | 0.36 | 0.25 | 0.24 | 0.10 | 0.34 | 0.25 | 0.11 | 0.06 | 0.18 | 0.06 | 0.07 | 0.11 | 0.21 | 0.21 | 0.16 |
| Investing Cash Flow | 0.05 | 0.11 | 0.03 | (0.09) | (0.09) | 0.01 | 0.03 | (0.04) | (0.21) | -0.00 | 0.02 | (0.04) | (0.03) | 0.01 | (0.07) | 0.01 | (0.13) | 0.05 | (0.03) | 0.05 |
| Financing Cash Flow | (0.29) | (1.03) | (0.59) | (0.31) | (0.16) | (0.26) | (0.18) | (0.55) | (0.15) | (0.08) | (0.09) | (0.08) | (0.50) | (0.16) | (0.06) | (0.06) | (0.03) | 0.00 | 0.00 | 0.00 |
* Derived from reported values
