Pinterest Inc. (NYSE:PINS) shares are trading higher after the company reported better-than-expected first-quarter results and issued second-quarter sales guidance above estimates.

Earnings Snapshot

Pinterest posted first-quarter revenue of $1.01 billion, beating analyst estimates of $966.25 million, according to Benzinga Pro. The idea discovery platform company reported adjusted earnings of 27 cents per share, beating analyst estimates of 23 cents per share.

Total revenue was up 18% on a year-over-year basis as Pinterest's global monthly active users increased 11% year-over-year to 631 million. Average revenue per user in the quarter was $1.61 globally and $7.12 in the U.S. and Canada.

Revenue growth was driven primarily by retail, with contributions from financial services and other emerging categories.

AI Advancement

A major AI advancement is PinRec, a generative retrieval system trained on user activity and the Taste Graph. It delivers personalized results across all surfaces using a single model.

Since its launch in 2025 and ...