Revenue - Pinterest's Q4 2021 revenue reached $847 million, demonstrating a 20% year-over-year growth[8] - US revenue in Q4 2021 was $648 million, a 11% year-over-year increase[8] - International revenue experienced substantial growth, reaching $199 million in Q4 2021, a 61% year-over-year increase[8] Monthly Active Users (MAUs) - Global MAUs decreased to 431 million in Q4 2021, a 6% year-over-year decline[15] - US MAUs saw a significant decrease, dropping to 86 million in Q4 2021, a 12% year-over-year decrease[17] - International MAUs also experienced a decrease, reaching 346 million in Q4 2021, a 4% year-over-year decrease[16] Average Revenue Per User (ARPU) - Global ARPU increased to $1.93 in Q4 2021, a 23% year-over-year increase[22] - US ARPU reached $7.43 in Q4 2021, a 25% year-over-year increase[26] - International ARPU showed significant growth, reaching $0.57 in Q4 2021, a 62% year-over-year increase[29] Non-GAAP Costs and Expenses - Non-GAAP cost of revenue for Q4 2021 was $139 million, representing 16% of revenue[31] - Non-GAAP research and development expenses for Q4 2021 were $126 million, representing 15% of revenue[31] - Non-GAAP sales and marketing expenses for Q4 2021 were $177 million, representing 21% of revenue[31] - Non-GAAP general and administrative expenses for Q4 2021 were $61 million, representing 7% of revenue[31] Adjusted EBITDA - Adjusted EBITDA for Q4 2021 was $351 million, a 17% year-over-year increase[37] - Adjusted EBITDA margin for Q4 2021 was 41%[36]
Pinterest(PINS) - 2021 Q4 - Earnings Call Presentation