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Pinterest vs Snap: revenue, profit, margins and growth compared

Pinterest brought in $4.2B of revenue in fiscal 2025, Snap $5.9B in fiscal 2025. Revenue changed by +15.8% at Pinterest and +10.6% at Snap on the year before, so Pinterest grew faster. Pinterest kept 9.9% of its revenue as net profit, Snap -7.8%. Free cash flow was $1.3B at Pinterest and $437.2M at Snap.

Side by side, latest fiscal year

PINSSNAP
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$4.2B$5.9B
Revenue growth+15.8%+10.6%
Net income$416.9M-$460.5M
Net margin9.9%-7.8%
Free cash flow$1.3B$437.2M
Free cash flow margin29.7%7.4%
Earnings per share (diluted)$0.61-$0.27
Cash$969.3M$1B
Debtn/a$3.5B
Price to earnings31.0n/a
Market value$10.7B$9.2B
Dividend yieldn/an/a
Rank by revenue in sector#103 of 530 · Technology#81 of 530 · Technology

Over the years

Revenue
PINS FY2019: $755.9MPINS FY2019: $1.1BPINS FY2020: $1.7BPINS FY2021: $2.6BPINS FY2022: $2.8BPINS FY2023: $3.1BPINS FY2024: $3.6BPINS FY2025: $4.2BSNAP FY2018: $1.2BSNAP FY2019: $1.7BSNAP FY2020: $2.5BSNAP FY2021: $4.1BSNAP FY2022: $4.6BSNAP FY2023: $4.6BSNAP FY2024: $5.4BSNAP FY2025: $5.9BFY18FY19FY20FY21FY22FY23FY24FY25
PINS $4.2BSNAP $5.9B
Net income
PINS FY2019: -$63MPINS FY2019: -$1.4BPINS FY2020: -$128.3MPINS FY2021: $316.4MPINS FY2022: -$96MPINS FY2023: -$35.6MPINS FY2024: $1.9BPINS FY2025: $416.9MSNAP FY2018: -$1.3BSNAP FY2019: -$1BSNAP FY2020: -$944.8MSNAP FY2021: -$488MSNAP FY2022: -$1.4BSNAP FY2023: -$1.3BSNAP FY2024: -$697.9MSNAP FY2025: -$460.5MFY18FY19FY20FY21FY22FY23FY24FY25
PINS $416.9MSNAP -$460.5M
Net margin
PINS FY2019: -8.3%PINS FY2019: -119.1%PINS FY2020: -7.6%PINS FY2021: 12.3%PINS FY2022: -3.4%PINS FY2023: -1.2%PINS FY2024: 51.1%PINS FY2025: 9.9%SNAP FY2018: -106.4%SNAP FY2019: -60.3%SNAP FY2020: -37.7%SNAP FY2021: -11.9%SNAP FY2022: -31.1%SNAP FY2023: -28.7%SNAP FY2024: -13.0%SNAP FY2025: -7.8%FY18FY19FY20FY21FY22FY23FY24FY25
PINS 9.9%SNAP -7.8%
Revenue growth
PINS FY2019: +51.2%PINS FY2020: +48.1%PINS FY2021: +52.3%PINS FY2022: +8.7%PINS FY2023: +9.0%PINS FY2024: +19.3%PINS FY2025: +15.8%SNAP FY2019: +45.3%SNAP FY2020: +46.1%SNAP FY2021: +64.2%SNAP FY2022: +11.8%SNAP FY2023: +0.1%SNAP FY2024: +16.4%SNAP FY2025: +10.6%FY19FY20FY21FY22FY23FY24FY25
PINS +15.8%SNAP +10.6%
Free cash flow
PINS FY2019: -$82.6MPINS FY2019: -$33.1MPINS FY2020: $11.4MPINS FY2021: $743.9MPINS FY2022: $440.2MPINS FY2023: $604.9MPINS FY2024: $940MPINS FY2025: $1.3BSNAP FY2018: -$810.2MSNAP FY2019: -$341.4MSNAP FY2020: -$225.5MSNAP FY2021: $223MSNAP FY2022: $55.3MSNAP FY2023: $34.8MSNAP FY2024: $218.7MSNAP FY2025: $437.2MFY18FY19FY20FY21FY22FY23FY24FY25
PINS $1.3BSNAP $437.2M

Fiscal years as each company reports them; the two may end in different months.

Questions about Pinterest and Snap

Which is bigger by revenue, Pinterest or Snap?

Snap is bigger by revenue: $5.9B in fiscal 2025, against $4.2B for Pinterest in fiscal 2025.

Which keeps more of its revenue as profit, Pinterest or Snap?

Pinterest had a net margin of 9.9% in fiscal 2025; Snap had -7.8% in fiscal 2025.

Which grew revenue faster, Pinterest or Snap?

In their latest fiscal years revenue changed by +15.8% at Pinterest and +10.6% at Snap.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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