For the year 2024, Pinterest's research and development expenditure was 1.24 billion U.S. dollars. This is an increase of 16 percent compared to the year 2023. Overall, 2024 saw the highest research and development spending for Pinterest, exceeding the previous record of 2029, when the company spent 1.2 billion USD on R&D.
Annual research and development expenditure of Pinterest from 2016 to 2024
(in million U.S. dollars)
According to Pinterest: "Research and development consists primarily of personnel-related expense, including salaries, benefits and share-based compensation for our engineers and other employees engaged in the research and development of our products, and allocated facilities and other supporting overhead costs."
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Stacy Jo Dixon
Research expert covering social media usage worldwide
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Pinterest. (February 6, 2025). Annual research and development expenditure of Pinterest from 2016 to 2024 (in million U.S. dollars) [Graph]. In Statista. Retrieved April 21, 2025, from https://www.statista.com/statistics/995022/pinterest-research-development-spending-worldwide/
Pinterest. "Annual research and development expenditure of Pinterest from 2016 to 2024 (in million U.S. dollars)." Chart. February 6, 2025. Statista. Accessed April 21, 2025. https://www.statista.com/statistics/995022/pinterest-research-development-spending-worldwide/
Pinterest. (2025). Annual research and development expenditure of Pinterest from 2016 to 2024 (in million U.S. dollars). Statista. Statista Inc.. Accessed: April 21, 2025. https://www.statista.com/statistics/995022/pinterest-research-development-spending-worldwide/
Pinterest. "Annual Research and Development Expenditure of Pinterest from 2016 to 2024 (in Million U.S. Dollars)." Statista, Statista Inc., 6 Feb 2025, https://www.statista.com/statistics/995022/pinterest-research-development-spending-worldwide/
Pinterest, Annual research and development expenditure of Pinterest from 2016 to 2024 (in million U.S. dollars) Statista, https://www.statista.com/statistics/995022/pinterest-research-development-spending-worldwide/ (last visited April 21, 2025)
Annual research and development expenditure of Pinterest from 2016 to 2024 (in million U.S. dollars) [Graph], Pinterest, February 6, 2025. [Online]. Available: https://www.statista.com/statistics/995022/pinterest-research-development-spending-worldwide/
