PINS 8-K: Smart Summary

On February 17, 2026, Pinterest, Inc. closed its previously announced acquisition of tvScientific, Inc. As a result of the closing, Pinterest updated its Q1 2026 financial guidance to reflect the expected partial-quarter contribution of tvScientific to its consolidated financials. The updated guidance covers both revenue and Adjusted EBITDA ranges for the first quarter of 2026.

• Pinterest, Inc. closed its acquisition of tvScientific, Inc. on February 17, 2026.
• The acquisition closing prompted an update to Pinterest's first quarter 2026 guidance to incorporate the expected partial-quarter contribution of tvScientific.
• Updated Q1 2026 revenue guidance is $958M to $978M.
• Updated Q1 2026 Adjusted EBITDA guidance is $163M to $183M.
• Both updated guidance figures include the partial-quarter contribution of tvScientific to Pinterest's consolidated financials.
• Pinterest has not provided a forward-looking GAAP equivalent for Adjusted EBITDA or a GAAP reconciliation, citing uncertainty and potential variability of reconciling items such as share-based compensation expense and income taxes.
• The company states that providing a GAAP reconciliation would require unreasonable effort and could imply a degree of precision that could be confusing or misleading to investors.
• The filing was made on February 18, 2026, one day after the acquisition closed.
• Pinterest referenced its Annual Report on Form 10-K for the fiscal year ended December 31, 2025, as containing additional detail on potential risks and uncertainties.