By Elias Schisgall
Pinterest's fourth-quarter profit tumbled as the social-media company expects revenue growth to slow even further in the current quarter.
Shares slid 17% to $15.30 in after-hours trading after closing the market session down 2.9% at $18.54.
Pinterest on Thursday recorded a profit of $277.1 million, or 41 cents a share, compared with its profit of $1.85 billion, or $2.68 a share, a year earlier.
Stripping out certain one-time items, Pinterest logged adjusted earnings of 67 cents a share, in line with analyst expectations, according to FactSet.
Revenue grew 14% to $1.32 billion, up from $1.15 billion a year earlier, but short of analysts' estimate of $1.33 billion.
Pinterest said in November that it expected growth to slow between 14% to 16% after posting 17% revenue growth in the third quarter.
The company said that it expects growth to decelerate further in the current first quarter, projecting growth between 11% and 14%. It's forecasting revenue between $951 million and $971 million.
Write to Elias Schisgall at elias.schisgall@wsj.com
(END) Dow Jones Newswires
February 12, 2026 16:43 ET (21:43 GMT)
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