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flag Pinterest's user base hit a record 619 million, but stock dropped 30% in 2026 due to tariffs cutting retail ad spending.

flag Pinterest stock fell 30% year-to-date in 2026, hit by tariffs reducing retail ad spending, but the company reached a record 619 million monthly active users in Q4, up 12% annually, driven by strong network effects. flag Despite uneven global monetization—with U.S. and Canadian ARPU at $30.84 versus $0.83 elsewhere—revenue rose 16% to $4.2 billion in 2025 and adjusted net income grew 22% to $1.1 billion. flag The platform’s visual, inspiration-driven model continues to attract advertisers, especially small and mid-sized businesses, as Pinterest expands its ad tools and international reach, suggesting long-term growth potential despite recent declines.

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