Pinterest annual R&D spending 2021

For the year 2021, Pinterest's research and development expenditure was 708.26 million U.S. dollars. This is an increase of 174.1 million compared to the year 2020. Although 2021's expenditure was higher than the previous year, it was considerably less than the company's R&D expenditure in 2019, which was over 1.2 billion U.S. dollars.

Annual research and development expenditure of Pinterest from 2016 to 2021 (in million U.S. dollars)

Characteristic	Spending in million U.S. dollars
2021	780.26
2020	606.19
2019	1,207.06
2018	251.66
2017	207.97
2016	167.55

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Release date

February 2022

More information

Region

Worldwide

Survey time period

2016 to 2021

Supplementary notes

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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