Pinterest Inc.
02/18/2026 | Press release | Distributed by Public on 02/18/2026 06:17
Regulation FD Disclosure (Form 8-K)
Item 7.01. Regulation FD Disclosure
On February 17, 2026, Pinterest, Inc. (the "Company"), closed its previously announced acquisition of tvScientific, Inc. ("tvScientific").
As a result of the closing of the acquisition, the Company is updating its first quarter 2026 guidance to $958 million to $978 million in revenue and $163 million to $183 million in Adjusted EBITDA to include, in each case, the expected partial-quarter contribution of tvScientific to the Company's consolidated financials.
Note Regarding Non-GAAP to GAAP Reconciliation for Adjusted EBITDA
The Company has not provided the forward-looking GAAP equivalent for forward-looking Adjusted EBITDA or a GAAP reconciliation as a result of the uncertainty regarding, and the potential variability of, reconciling items such as share-based compensation expense and income taxes. Accordingly, a reconciliation of this non-GAAP guidance metric to its corresponding GAAP equivalent is not available without unreasonable effort. However, it is important to note that material changes to reconciling items could have a significant effect on future GAAP results and, as such, the Company also believes that any reconciliations provided would imply a degree of precision that could be confusing or misleading to investors.
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