Pinterest (PINS) 10-Q 27 Apr 22 2022 Q1 Quarterly report Financial data

Cover Page

Cover Page - shares	3 Months Ended
	Mar. 31, 2022	Apr. 22, 2022
Document Information [Line Items]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Mar. 31, 2022
Document Transition Report	false
Entity File Number	001-38872
Entity Registrant Name	Pinterest, Inc.
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	26-3607129
Entity Address, Address Line One	505 Brannan Street
Entity Address, City or Town	San Francisco
Entity Address, State or Province	CA
Entity Address, Postal Zip Code	94107
City Area Code	415
Local Phone Number	762-7100
Title of 12(b) Security	Class A Common Stock, $0.00001 par value
Trading Symbol	PINS
Security Exchange Name	NYSE
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Document Fiscal Period Focus	Q1
Amendment Flag	false
Document Fiscal Year Focus	2022
Current Fiscal Year End Date	--12-31
Entity Central Index Key	0001506293
Class A Common Stock
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		574,700,162
Class B Common Stock
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		88,784,787

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021
Current assets:
Cash and cash equivalents	$ 1,683,792	$ 1,419,630
Marketable securities	994,346	1,060,488
Accounts receivable, net of allowances of $8,366 and $8,282 as of March 31, 2022 and December 31, 2021, respectively	473,031	653,355
Prepaid expenses and other current assets	56,183	48,090
Total current assets	3,207,352	3,181,563
Property and equipment, net	54,714	53,401
Operating lease right-of-use assets	222,751	227,912
Goodwill and intangible assets, net	60,084	61,115
Other assets	13,289	13,247
Total assets	3,558,190	3,537,238
Current liabilities:
Accounts payable	12,546	17,675
Accrued expenses and other current liabilities	213,019	242,131
Total current liabilities	225,565	259,806
Operating lease liabilities	202,569	209,181
Other liabilities	30,396	29,508
Total liabilities	458,530	498,495
Commitments and contingencies
Stockholders’ equity:
Class A common stock, $0.00001 par value, 6,666,667 shares authorized, 573,585 and 568,228 shares issued and outstanding as of March 31, 2022 and December 31, 2021, respectively; Class B common stock, $0.00001 par value, 1,333,333 shares authorized, 88,669 and 88,644 shares issued and outstanding as of March 31, 2022 and December 31, 2021, respectively	7	7
Additional paid-in capital	5,133,804	5,059,528
Accumulated other comprehensive loss	(10,259)	(2,181)
Accumulated deficit	(2,023,892)	(2,018,611)
Total stockholders’ equity	3,099,660	3,038,743
Total liabilities and stockholders’ equity	$ 3,558,190	$ 3,537,238

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Parenthetical) - USD ($) shares in Thousands, $ in Thousands	Mar. 31, 2022	Dec. 31, 2021
Allowances	$ 8,366	$ 8,282
Class A Common Stock
Common stock, par value (in dollars per share)	$ 0.00001	$ 0.00001
Common stock, shares authorized (in shares)	6,666,667	6,666,667
Common stock, shares issued (in shares)	573,585	568,228
Common stock, shares outstanding (in shares)	573,585	568,228
Class B Common Stock
Common stock, par value (in dollars per share)	$ 0.00001	$ 0.00001
Common stock, shares authorized (in shares)	1,333,333	1,333,333
Common stock, shares issued (in shares)	88,669	88,644
Common stock, shares outstanding (in shares)	88,669	88,644

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Income Statement [Abstract]
Revenue	$ 574,885	$ 485,230
Costs and expenses:
Cost of revenue	146,070	133,470
Research and development	195,548	171,728
Sales and marketing	173,953	130,322
General and administrative	62,979	72,618
Total costs and expenses	578,550	508,138
Loss from operations	(3,665)	(22,908)
Interest income	1,088	1,492
Interest expense and other income (expense), net	(1,576)	(1,563)
Loss before provision for (benefit from) income taxes	(4,153)	(22,979)
Provision for (benefit from) income taxes	1,128	(1,305)
Net loss	$ (5,281)	$ (21,674)
Net loss per share, basic (in dollars per share)	$ (0.01)	$ (0.03)
Net loss per share, diluted (in dollars per share)	$ (0.01)	$ (0.03)
Weighted-average shares used in computing net loss per share, basic (in shares)	656,899	628,593
Weighted-average shares used in computing net loss per share, diluted (in shares)	656,899	628,593

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Comprehensive Loss - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Statement of Comprehensive Income [Abstract]
Net loss	$ (5,281)	$ (21,674)
Other comprehensive loss, net of taxes:
Change in unrealized gain (loss) on available-for-sale marketable securities	(7,844)	(987)
Change in foreign currency translation adjustment	(234)	(180)
Comprehensive loss	$ (13,359)	$ (22,841)

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Stockholders' Equity - USD ($) shares in Thousands, $ in Thousands	Total	Class A and Class B Common Stock	Additional Paid-In Capital	Accumulated Other Comprehensive Income (Loss)	Accumulated Deficit
Beginning balance (in shares) at Dec. 31, 2020		626,372
Beginning balance at Dec. 31, 2020	$ 2,242,371	$ 6	$ 4,574,934	$ 2,480	$ (2,335,049)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Release of restricted stock units (in shares)		5,710
Issuance of common stock for cash upon exercise of stock options, net (in shares)		2,997
Issuance of common stock for cash upon exercise of stock options, net	9,344		9,344
Issuance of common stock related to charitable contributions (in shares)		250
Issuance of common stock related to charitable contributions	20,490		20,490
Share-based compensation	79,459		79,459
Other comprehensive loss	(1,167)			(1,167)
Net loss	(21,674)				(21,674)
Ending balance (in shares) at Mar. 31, 2021		635,329
Ending balance at Mar. 31, 2021	2,328,823	$ 6	4,684,227	1,313	(2,356,723)
Beginning balance (in shares) at Dec. 31, 2021		656,872
Beginning balance at Dec. 31, 2021	$ 3,038,743	$ 7	5,059,528	(2,181)	(2,018,611)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Release of restricted stock units (in shares)		4,706
Issuance of common stock for cash upon exercise of stock options, net (in shares)	369	369
Issuance of common stock for cash upon exercise of stock options, net	$ 1,036		1,036
Issuance of restricted stock awards (in shares)		307
Share-based compensation	73,240		73,240
Other comprehensive loss	(8,078)			(8,078)
Net loss	(5,281)				(5,281)
Ending balance (in shares) at Mar. 31, 2022		662,254
Ending balance at Mar. 31, 2022	$ 3,099,660	$ 7	$ 5,133,804	$ (10,259)	$ (2,023,892)

Condensed Consolidated Statem_4

Condensed Consolidated Statements of Cash Flows - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Operating activities
Net loss	$ (5,281)	$ (21,674)
Adjustments to reconcile net loss to net cash provided by operating activities:
Depreciation and amortization	7,220	6,783
Share-based compensation	73,240	79,459
Non-cash charitable contributions	0	20,490
Other	2,978	2,029
Changes in assets and liabilities:
Accounts receivable	180,203	176,564
Prepaid expenses and other assets	(8,285)	(91)
Operating lease right-of-use assets	12,394	10,288
Accounts payable	(4,638)	(717)
Accrued expenses and other liabilities	(31,620)	8,298
Operating lease liabilities	(12,822)	(10,850)
Net cash provided by operating activities	213,389	270,579
Investing activities
Purchases of property and equipment and intangible assets	(6,902)	(1,251)
Purchases of marketable securities	(155,181)	(263,170)
Sales of marketable securities	4,168	79,831
Maturities of marketable securities	207,319	149,532
Net cash provided by (used in) investing activities	49,404	(35,058)
Financing activities
Proceeds from exercise of stock options, net	1,036	9,344
Net cash provided by financing activities	1,036	9,344
Effect of exchange rate changes on cash, cash equivalents and restricted cash	333	(355)
Net increase in cash, cash equivalents and restricted cash	264,162	244,510
Cash, cash equivalents and restricted cash, beginning of period	1,427,064	678,911
Cash, cash equivalents and restricted cash, end of period	1,691,226	923,421
Supplemental cash flow information
Accrued property and equipment	3,462	125
Operating lease right-of-use assets obtained in exchange for operating lease liabilities	$ 7,085	$ 630

Condensed Consolidated Statem_5

Condensed Consolidated Statements of Cash Flows (Parenthetical) - USD ($) $ in Thousands	Mar. 31, 2022	Mar. 31, 2021
Reconciliation of cash, cash equivalents and restricted cash to condensed consolidated balance sheets
Cash and cash equivalents	$ 1,683,792	$ 913,740
Restricted cash included in prepaid expenses and other current assets	1,137	571
Restricted cash included in other assets	6,297	9,110
Total cash, cash equivalents and restricted cash	$ 1,691,226	$ 923,421

Description of Business and Sum

Description of Business and Summary of Significant Accounting Policies	3 Months Ended
	Mar. 31, 2022
Accounting Policies [Abstract]
Description of Business and Summary of Significant Accounting Policies	Description of Business and Summary of Significant Accounting Policies Description of Business Pinterest was incorporated in Delaware in 2008 and is headquartered in San Francisco, California. Pinterest is a visual discovery engine that people around the globe use to find the inspiration to create a life they love. We generate revenue by delivering ads on our website and mobile application. Basis of Presentation and Consolidation We prepared the accompanying condensed consolidated financial statements in accordance with generally accepted accounting principles in the United States ("GAAP"). The condensed consolidated financial statements include the accounts of Pinterest, Inc. and its wholly owned subsidiaries. We have eliminated all intercompany balances and transactions. The condensed consolidated balance sheet as of December 31, 2021 included herein was derived from the audited financial statements as of that date. We have condensed or omitted certain information and notes normally included in complete financial statements prepared in accordance with GAAP. As such, these unaudited condensed consolidated financial statements should be read in conjunction with the consolidated financial statements as of and for the year ended December 31, 2021, which are included in our Annual Report on Form 10-K. In our opinion, the accompanying condensed consolidated financial statements reflect all normal recurring adjustments necessary to present fairly the results for the interim periods presented, but they are not necessarily indicative of the results of operations to be expected for the year ending December 31, 2022. Reclassifications We have reclassified certain amounts in prior periods to conform with current presentation. Use of Estimates Preparing our condensed consolidated financial statements in conformity with GAAP requires us to make estimates and judgments that affect amounts reported in the condensed consolidated financial statements and accompanying notes. We base these estimates and judgments on historical experience and various other assumptions that we consider reasonable. GAAP requires us to make estimates and assumptions in several areas, including the fair values of financial instruments, assets acquired and liabilities assumed through business combinations, share-based awards, and contingencies as well as the collectability of our accounts receivable, the useful lives of our intangible assets and property and equipment, the incremental borrowing rate we use to determine our operating lease liabilities, and revenue recognition, among others. Actual results could differ materially from these estimates and judgments. Significant Accounting Policies There have been no material changes to our significant accounting policies from our Annual Report on Form 10-K for the year ended December 31, 2021.

Fair Value of Financial Instrum

Fair Value of Financial Instruments	3 Months Ended
	Mar. 31, 2022
Fair Value Disclosures [Abstract]
Fair Value of Financial Instruments	Fair Value of Financial Instruments The fair values of the financial instruments we measure at fair value on a recurring basis are as follows (in thousands): March 31, 2022 Level 1 Level 2 Level 3 Total Cash equivalents: Money market funds $ 1,022,691 $ — $ — $ 1,022,691 Commercial paper — 140,301 — 140,301 U.S. treasury securities 11,999 — — 11,999 Marketable securities: Corporate bonds — 416,340 — 416,340 Commercial paper — 224,046 — 224,046 U.S. treasury securities 209,669 — — 209,669 Certificates of deposit — 83,530 — 83,530 Municipal securities — 31,852 — 31,852 Non-U.S. government and supranational bonds — 27,909 — 27,909 U.S. agency bonds — 1,000 — 1,000 Prepaid expenses and other current assets: Certificates of deposit — 1,137 — 1,137 Other assets: Certificates of deposit $ — $ 6,297 $ — $ 6,297 December 31, 2021 Level 1 Level 2 Level 3 Total Cash equivalents: Money market funds $ 711,188 $ — $ — $ 711,188 Commercial paper — 114,976 — 114,976 Corporate bonds — 4,310 — 4,310 Marketable securities: Corporate bonds — 449,417 — 449,417 Commercial paper — 247,560 — 247,560 U.S. treasury securities 189,010 — — 189,010 Certificates of deposit — 82,486 — 82,486 Municipal securities — 49,331 — 49,331 Non-U.S. government and supranational bonds — 41,684 — 41,684 U.S. agency bonds — 1,000 — 1,000 Prepaid expenses and other current assets: Certificates of deposit — 1,137 — 1,137 Other assets: Certificates of deposit $ — $ 6,297 $ — $ 6,297 We classify our marketable securities within Level 1 or Level 2 because we determine their fair values using quoted market prices or alternative pricing sources and models utilizing market observable inputs. Gross unrealized gains and losses on our marketable securities were immaterial in the aggregate as of March 31, 2022 and December 31, 2021. We evaluated all available evidence and did not recognize any allowance for credit losses for our marketable securities as of March 31, 2022 and December 31, 2021. The fair value of our marketable securities by contractual maturity is as follows (in thousands): March 31, 2022 Due in one year or less $ 711,071 Due after one to five years 283,275 Total $ 994,346 Net realized gains and losses from sales of available-for-sale securities were not material for any period presented.

Commitments and Contingencies

Commitments and Contingencies	3 Months Ended
	Mar. 31, 2022
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Commitments and Contingencies Purchase Commitments In April 2021, we entered into a new private pricing addendum with Amazon Web Services (“AWS”), which governs our use of cloud computing infrastructure provided by AWS. Under the new pricing addendum, we are required to purchase at least $3,250.0 million of cloud services from AWS through April 2029. If we fail to do so, we are required to pay the difference between the amount we spend and the required commitment amount. As of March 31, 2022, our remaining contractual commitment is $2,819.2 million. We expect to meet our remaining commitment. Legal Matters We are involved in various lawsuits, claims and proceedings that arise in the ordinary course of business, including those described below. While the results of legal matters are inherently uncertain, we do not believe there is a reasonable possibility that the ultimate resolution of these matters, either individually or in aggregate, will have a material adverse effect on our business, financial position, results of operations or cash flows. In November and December 2020, certain of our executives and members of our board of directors were named as defendants in shareholder derivative lawsuits filed in the U.S. District Court for the Northern District of California. Pinterest was also named as a nominal defendant. The lawsuits purport to assert claims for breach of fiduciary duty in connection with allegations of gender and racial discrimination at Pinterest. In addition, the lawsuits purport to assert claims for waste, abuse of control, aiding and abetting breaches of fiduciary duties, unjust enrichment, and violations of Section 14(a) of the Exchange Act. The complaints seek declaratory and injunctive relief, corporate governance changes, monetary damages, interest, disgorgement, and fees and costs. On April 22, 2021, the defendants moved to dismiss this complaint. On July 14, 2021, another shareholder derivative complaint with similar allegations was filed in the same court and was subsequently related to the earlier action. The cases were referred to a magistrate judge for mediation, and the proceedings were stayed during the pendency of that mediation. On November 24, 2021, the parties entered into a stipulation of settlement and plaintiffs filed a motion for preliminary settlement approval. Preliminary approval was granted February 16, 2022, and a final approval hearing for the settlement is scheduled for May 26, 2022. We continue to evaluate these claims but do not believe this litigation will have a material impact on our financial position or results of operations. In March 2021, certain of our executives and members of our board of directors were named as defendants in a shareholder derivative lawsuit filed in the Delaware Chancery Court. Pinterest was also named as a nominal defendant. The complaint alleges that executives and members of the board breached their fiduciary duties to the company in connection with allegations of gender and racial discrimination at Pinterest. On May 10, 2021, the court stayed this lawsuit in light of the related pending case in the Northern District of California. The complaint seeks damages, litigation costs, and interest. We continue to evaluate these claims but do not believe this litigation will have a material impact on our financial position or results of operations.

Share-Based Compensation

Share-Based Compensation	3 Months Ended
	Mar. 31, 2022
Share-based Payment Arrangement [Abstract]
Share-Based Compensation	Share-Based Compensation Equity Incentive Plan In June 2009, our board of directors adopted and approved our 2009 Stock Plan (the "2009 Plan"), which provides for the issuance of stock options, Restricted Stock Awards ("RSAs") and Restricted Stock Units ("RSUs") to qualified employees, directors and consultants. Stock options granted under our 2009 Plan have a maximum life of 10 years and an exercise price not less than 100% of the fair market value of our common stock on the date of grant. RSUs granted under our 2009 Plan have a maximum life of seven years. No shares of our common stock were reserved for future issuance under our 2009 Plan as of March 31, 2022. Our 2019 Plan became effective upon closing of our initial public offering and succeeds our 2009 Plan. Our 2019 Omnibus Incentive Plan (the "2019 Plan") provides for the issuance of stock options, RSAs, RSUs and other equity- or cash-based awards to qualified employees, directors and consultants. Stock options granted under our 2019 Plan have a maximum life of 10 years and an exercise price not less than 100% of the fair market value of our common stock on the date of grant. 160,872,457 shares of our Class A common stock were reserved for future issuance under our 2019 Plan as of March 31, 2022. The number of shares of our Class A common stock available for issuance under the 2019 Plan will be increased by the number of shares of our Class B common stock subject to awards outstanding under our 2009 Plan that would, but for the terms of the 2019 Plan, have returned to the share reserves of the 2009 Plan pursuant to the terms of such awards, including as the result of forfeiture, repurchase, expiration or retention by us in order to satisfy an award’s exercise price or tax withholding obligations. In addition, the number of shares of our Class A common stock reserved for issuance under our 2019 Plan will automatically increase on the first day of each fiscal year through and including January 1, 2029, in an amount equal to 5% of the total number of shares of our Class A common stock and our Class B common stock outstanding on the last day of the calendar month before the date of each automatic increase, or a lesser number of shares determined by our board of directors. Stock Option Activity Stock option activity during the three months ended March 31, 2022, was as follows (in thousands, except per share amounts): Stock Options Outstanding Shares Weighted-Average Exercise Price Weighted-Average Remaining Contractual Term Aggregate Intrinsic Value (1) (in years) Outstanding as of December 31, 2021 16,141 $ 3.19 1.9 $ 535,118 Exercised (369) 2.81 Outstanding as of March 31, 2022 15,772 $ 3.20 1.7 $ 337,583 Exercisable as of March 31, 2022 15,278 $ 2.59 1.5 $ 336,466 (1) We calculate intrinsic value based on the difference between the exercise price of in-the-money-stock options and the fair value of our common stock as of the respective balance sheet date. The total grant-date fair value of stock options vested during the three months ended March 31, 2022 and 2021, was $0.8 million and $0.8 million, respectively. The aggregate intrinsic value of stock options exercised during the three months ended March 31, 2022 and 2021, was $9.5 million and $225.2 million, respectively. Restricted Stock Unit and Restricted Stock Award Activity RSU and RSA activity during the three months ended March 31, 2022, was as follows (in thousands, except per share amounts): Restricted Stock Units and Restricted Stock Awards Outstanding Shares Weighted Average Grant Date Fair Value Outstanding as of December 31, 2021 36,258 $ 30.84 Granted 2,146 32.97 Released (4,800) 26.21 Forfeited (3,225) 28.89 Outstanding as of March 31, 2022 30,379 $ 31.92 Share-Based Compensation Share-based compensation expense during the three months ended March 31, 2022 and 2021, was as follows (in thousands): Three Months Ended March 31, 2022 2021 Cost of revenue $ 1,194 $ 1,312 Research and development 52,890 56,475 Sales and marketing 11,769 11,891 General and administrative 7,387 9,781 Total share-based compensation $ 73,240 $ 79,459 As of March 31, 2022, we had $755.5 million of unrecognized share-based compensation expense, which we expect to recognize over a weighted-average period of 2.6 years.

Net Loss Per Share

Net Loss Per Share	3 Months Ended
	Mar. 31, 2022
Earnings Per Share [Abstract]
Net Loss Per Share	Net Loss Per Share We present net loss per share using the two-class method required for multiple classes of common stock. Holders of our Class A and Class B common stock have identical rights except with respect to voting, conversion and transfer rights and therefore share equally in our net income or losses. We calculate basic net loss per share by dividing net loss by the weighted-average number of shares of common stock outstanding during the period. Diluted net loss per share gives effect to all potential shares of common stock, including stock options, RSAs and RSUs to the extent these are dilutive. We calculated basic and diluted net loss per share as follows (in thousands, except per share amounts): Three Months Ended March 31, 2022 2021 Class A Class B Class A Class B Numerator: Net loss $ (4,568) $ (713) $ (18,432) $ (3,242) Denominator: Weighted-average shares used in computing net loss per share, basic and diluted 568,238 88,661 534,554 94,039 Net loss per share, basic and diluted $ (0.01) $ (0.01) $ (0.03) $ (0.03) Basic net loss per share is the same as diluted net loss per share because we reported net losses for all periods presented. We excluded the following weighted-average potential shares of common stock from our calculation of diluted net loss per share because these would be anti-dilutive (in thousands): Three Months Ended March 31, 2022 2021 Outstanding stock options 15,929 22,136 Unvested restricted stock units and restricted stock awards 34,693 52,156 Total 50,622 74,292

Income Taxes

Income Taxes	3 Months Ended
	Mar. 31, 2022
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes We determine our income tax provision for interim periods using an estimate of our annual effective tax rate adjusted for discrete items occurring during the periods presented. The primary difference between our effective tax rate and the federal statutory rate is the full valuation allowance we have established on our federal, state and foreign net operating losses and credits. Income taxes are not material for the three months ended March 31, 2022 and 2021. We are subject to taxation in the U.S. and various other state and foreign jurisdictions. As we have net operating loss carryforwards for U.S. federal and state jurisdictions, the statute of limitations is open for all tax years. For material foreign jurisdictions, the tax years open to examination include the years 2017 and forward. We are currently under examination of our U.S. consolidated federal income tax return by the Internal Revenue Service for 2018 and 2019. We believe that we have adequately reserved for any adjustments to the provision for income taxes or other tax items that may ultimately result from these examinations.

Geographical Information

Geographical Information	3 Months Ended
	Mar. 31, 2022
Segment Reporting [Abstract]
Geographical Information	Geographical Information Revenue disaggregated by geography based on our customers’ billing addresses is as follows (in thousands): Three Months Ended March 31, 2022 2021 U.S. and Canada (1) $ 462,073 $ 405,075 Europe (2)(3) 88,897 68,215 Rest of World (2) 23,915 11,940 Total revenue $ 574,885 $ 485,230 (1) United States revenue was $440.9 million and $388.2 million for the three months ended March 31, 2022 and 2021, respectively. (2) No individual country other than the United States exceeded 10% of our total revenue for any period presented. (3) Europe includes Russia and Turkey. Property and equipment, net and operating lease right-of-use assets by geography is as follows (in thousands): March 31, December 31, 2022 2021 United States $ 236,975 $ 247,975 International (1) 40,490 33,338 Total property and equipment, net and operating lease right-of-use assets $ 277,465 $ 281,313 (1) No individual country other than the United States exceeded 10% of our total property and equipment, net and operating lease right-of-use assets for any period presented.

Subsequent Events

Subsequent Events	3 Months Ended
	Mar. 31, 2022
Subsequent Events [Abstract]
Subsequent Events	Subsequent EventsOn April 13, 2022, we granted 24,701,239 RSUs and RSAs with an aggregate grant-date fair value of $566.9 million, which we expect to recognize as share-based compensation expense over a weighted-average period of 3.8 years.

Description of Business and S_2

Description of Business and Summary of Significant Accounting Policies (Policies)	3 Months Ended
	Mar. 31, 2022
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation and Consolidation We prepared the accompanying condensed consolidated financial statements in accordance with generally accepted accounting principles in the United States ("GAAP"). The condensed consolidated financial statements include the accounts of Pinterest, Inc. and its wholly owned subsidiaries. We have eliminated all intercompany balances and transactions. The condensed consolidated balance sheet as of December 31, 2021 included herein was derived from the audited financial statements as of that date. We have condensed or omitted certain information and notes normally included in complete financial statements prepared in accordance with GAAP. As such, these unaudited condensed consolidated financial statements should be read in conjunction with the consolidated financial statements as of and for the year ended December 31, 2021, which are included in our Annual Report on Form 10-K. In our opinion, the accompanying condensed consolidated financial statements reflect all normal recurring adjustments necessary to present fairly the results for the interim periods presented, but they are not necessarily indicative of the results of operations to be expected for the year ending December 31, 2022.
Consolidation	Basis of Presentation and Consolidation We prepared the accompanying condensed consolidated financial statements in accordance with generally accepted accounting principles in the United States ("GAAP"). The condensed consolidated financial statements include the accounts of Pinterest, Inc. and its wholly owned subsidiaries. We have eliminated all intercompany balances and transactions. The condensed consolidated balance sheet as of December 31, 2021 included herein was derived from the audited financial statements as of that date. We have condensed or omitted certain information and notes normally included in complete financial statements prepared in accordance with GAAP. As such, these unaudited condensed consolidated financial statements should be read in conjunction with the consolidated financial statements as of and for the year ended December 31, 2021, which are included in our Annual Report on Form 10-K. In our opinion, the accompanying condensed consolidated financial statements reflect all normal recurring adjustments necessary to present fairly the results for the interim periods presented, but they are not necessarily indicative of the results of operations to be expected for the year ending December 31, 2022.
Reclassifications	Reclassifications We have reclassified certain amounts in prior periods to conform with current presentation.
Use of Estimates	Use of Estimates Preparing our condensed consolidated financial statements in conformity with GAAP requires us to make estimates and judgments that affect amounts reported in the condensed consolidated financial statements and accompanying notes. We base these estimates and judgments on historical experience and various other assumptions that we consider reasonable. GAAP requires us to make estimates and assumptions in several areas, including the fair values of financial instruments, assets acquired and liabilities assumed through business combinations, share-based awards, and contingencies as well as the collectability of our accounts receivable, the useful lives of our intangible assets and property and equipment, the incremental borrowing rate we use to determine our operating lease liabilities, and revenue recognition, among others. Actual results could differ materially from these estimates and judgments.
Net Loss Per Share Attributable to Common Stockholders	We present net loss per share using the two-class method required for multiple classes of common stock. Holders of our Class A and Class B common stock have identical rights except with respect to voting, conversion and transfer rights and therefore share equally in our net income or losses. We calculate basic net loss per share by dividing net loss by the weighted-average number of shares of common stock outstanding during the period. Diluted net loss per share gives effect to all potential shares of common stock, including stock options, RSAs and RSUs to the extent these are dilutive.

Fair Value of Financial Instr_2

Fair Value of Financial Instruments (Tables)	3 Months Ended
	Mar. 31, 2022
Fair Value Disclosures [Abstract]
Fair Values of Financial Instruments Measured on a Recurring Basis	The fair values of the financial instruments we measure at fair value on a recurring basis are as follows (in thousands): March 31, 2022 Level 1 Level 2 Level 3 Total Cash equivalents: Money market funds $ 1,022,691 $ — $ — $ 1,022,691 Commercial paper — 140,301 — 140,301 U.S. treasury securities 11,999 — — 11,999 Marketable securities: Corporate bonds — 416,340 — 416,340 Commercial paper — 224,046 — 224,046 U.S. treasury securities 209,669 — — 209,669 Certificates of deposit — 83,530 — 83,530 Municipal securities — 31,852 — 31,852 Non-U.S. government and supranational bonds — 27,909 — 27,909 U.S. agency bonds — 1,000 — 1,000 Prepaid expenses and other current assets: Certificates of deposit — 1,137 — 1,137 Other assets: Certificates of deposit $ — $ 6,297 $ — $ 6,297 December 31, 2021 Level 1 Level 2 Level 3 Total Cash equivalents: Money market funds $ 711,188 $ — $ — $ 711,188 Commercial paper — 114,976 — 114,976 Corporate bonds — 4,310 — 4,310 Marketable securities: Corporate bonds — 449,417 — 449,417 Commercial paper — 247,560 — 247,560 U.S. treasury securities 189,010 — — 189,010 Certificates of deposit — 82,486 — 82,486 Municipal securities — 49,331 — 49,331 Non-U.S. government and supranational bonds — 41,684 — 41,684 U.S. agency bonds — 1,000 — 1,000 Prepaid expenses and other current assets: Certificates of deposit — 1,137 — 1,137 Other assets: Certificates of deposit $ — $ 6,297 $ — $ 6,297
Fair Value of Marketable Securities by Contractual Maturity	The fair value of our marketable securities by contractual maturity is as follows (in thousands): March 31, 2022 Due in one year or less $ 711,071 Due after one to five years 283,275 Total $ 994,346

Share-Based Compensation (Table

Share-Based Compensation (Tables)	3 Months Ended
	Mar. 31, 2022
Share-based Payment Arrangement [Abstract]
Stock Option Activity	Stock option activity during the three months ended March 31, 2022, was as follows (in thousands, except per share amounts): Stock Options Outstanding Shares Weighted-Average Exercise Price Weighted-Average Remaining Contractual Term Aggregate Intrinsic Value (1) (in years) Outstanding as of December 31, 2021 16,141 $ 3.19 1.9 $ 535,118 Exercised (369) 2.81 Outstanding as of March 31, 2022 15,772 $ 3.20 1.7 $ 337,583 Exercisable as of March 31, 2022 15,278 $ 2.59 1.5 $ 336,466 (1) We calculate intrinsic value based on the difference between the exercise price of in-the-money-stock options and the fair value of our common stock as of the respective balance sheet date.
Restricted Stock Unit Activity	RSU and RSA activity during the three months ended March 31, 2022, was as follows (in thousands, except per share amounts): Restricted Stock Units and Restricted Stock Awards Outstanding Shares Weighted Average Grant Date Fair Value Outstanding as of December 31, 2021 36,258 $ 30.84 Granted 2,146 32.97 Released (4,800) 26.21 Forfeited (3,225) 28.89 Outstanding as of March 31, 2022 30,379 $ 31.92
Share-Based Compensation Expense	Share-based compensation expense during the three months ended March 31, 2022 and 2021, was as follows (in thousands): Three Months Ended March 31, 2022 2021 Cost of revenue $ 1,194 $ 1,312 Research and development 52,890 56,475 Sales and marketing 11,769 11,891 General and administrative 7,387 9,781 Total share-based compensation $ 73,240 $ 79,459

Net Loss Per Share (Tables)

Net Loss Per Share (Tables)	3 Months Ended
	Mar. 31, 2022
Earnings Per Share [Abstract]
Calculation of Basic and Diluted Net Loss Per Share	We calculated basic and diluted net loss per share as follows (in thousands, except per share amounts): Three Months Ended March 31, 2022 2021 Class A Class B Class A Class B Numerator: Net loss $ (4,568) $ (713) $ (18,432) $ (3,242) Denominator: Weighted-average shares used in computing net loss per share, basic and diluted 568,238 88,661 534,554 94,039 Net loss per share, basic and diluted $ (0.01) $ (0.01) $ (0.03) $ (0.03)
Weighted-Average Anti-Dilutive Shares of Common Stock Excluded from the Calculation of Diluted Net Loss Per Share	Basic net loss per share is the same as diluted net loss per share because we reported net losses for all periods presented. We excluded the following weighted-average potential shares of common stock from our calculation of diluted net loss per share because these would be anti-dilutive (in thousands): Three Months Ended March 31, 2022 2021 Outstanding stock options 15,929 22,136 Unvested restricted stock units and restricted stock awards 34,693 52,156 Total 50,622 74,292

Geographical Information (Table

Geographical Information (Tables)	3 Months Ended
	Mar. 31, 2022
Segment Reporting [Abstract]
Revenue Disaggregated by Geography	Revenue disaggregated by geography based on our customers’ billing addresses is as follows (in thousands): Three Months Ended March 31, 2022 2021 U.S. and Canada (1) $ 462,073 $ 405,075 Europe (2)(3) 88,897 68,215 Rest of World (2) 23,915 11,940 Total revenue $ 574,885 $ 485,230 (1) United States revenue was $440.9 million and $388.2 million for the three months ended March 31, 2022 and 2021, respectively. (2) No individual country other than the United States exceeded 10% of our total revenue for any period presented. (3) Europe includes Russia and Turkey.
Property and Equipment, Net and Operating Lease Right-of-Use Assets by Geography	Property and equipment, net and operating lease right-of-use assets by geography is as follows (in thousands): March 31, December 31, 2022 2021 United States $ 236,975 $ 247,975 International (1) 40,490 33,338 Total property and equipment, net and operating lease right-of-use assets $ 277,465 $ 281,313 (1) No individual country other than the United States exceeded 10% of our total property and equipment, net and operating lease right-of-use assets for any period presented.

Fair Value of Financial Instr_3

Fair Value of Financial Instruments - Fair Values of Financial Instruments Measured on a Recurring Basis (Details) - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Marketable securities	$ 994,346
Recurring | Corporate bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Marketable securities	416,340	$ 449,417
Recurring | Commercial paper
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Marketable securities	224,046	247,560
Recurring | U.S. treasury securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Marketable securities	209,669	189,010
Recurring | Certificates of deposit
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Marketable securities	83,530	82,486
Prepaid expenses and other current assets	1,137	1,137
Other assets	6,297	6,297
Recurring | Municipal securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Marketable securities	31,852	49,331
Recurring | Non-U.S. government and supranational bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Marketable securities	27,909	41,684
Recurring | U.S. agency bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Marketable securities	1,000	1,000
Level 1 | Recurring | Corporate bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Marketable securities	0	0
Level 1 | Recurring | Commercial paper
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Marketable securities	0	0
Level 1 | Recurring | U.S. treasury securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Marketable securities	209,669	189,010
Level 1 | Recurring | Certificates of deposit
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Marketable securities	0	0
Prepaid expenses and other current assets	0	0
Other assets	0	0
Level 1 | Recurring | Municipal securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Marketable securities	0	0
Level 1 | Recurring | Non-U.S. government and supranational bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Marketable securities	0	0
Level 1 | Recurring | U.S. agency bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Marketable securities	0	0
Level 2 | Recurring | Corporate bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Marketable securities	416,340	449,417
Level 2 | Recurring | Commercial paper
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Marketable securities	224,046	247,560
Level 2 | Recurring | U.S. treasury securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Marketable securities	0	0
Level 2 | Recurring | Certificates of deposit
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Marketable securities	83,530	82,486
Prepaid expenses and other current assets	1,137	1,137
Other assets	6,297	6,297
Level 2 | Recurring | Municipal securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Marketable securities	31,852	49,331
Level 2 | Recurring | Non-U.S. government and supranational bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Marketable securities	27,909	41,684
Level 2 | Recurring | U.S. agency bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Marketable securities	1,000	1,000
Level 3 | Recurring | Corporate bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Marketable securities	0	0
Level 3 | Recurring | Commercial paper
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Marketable securities	0	0
Level 3 | Recurring | U.S. treasury securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Marketable securities	0	0
Level 3 | Recurring | Certificates of deposit
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Marketable securities	0	0
Prepaid expenses and other current assets	0	0
Other assets	0	0
Level 3 | Recurring | Municipal securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Marketable securities	0	0
Level 3 | Recurring | Non-U.S. government and supranational bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Marketable securities	0	0
Level 3 | Recurring | U.S. agency bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Marketable securities	0	0
Money market funds | Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash equivalents	1,022,691	711,188
Money market funds | Level 1 | Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash equivalents	1,022,691	711,188
Money market funds | Level 2 | Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash equivalents	0	0
Money market funds | Level 3 | Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash equivalents	0	0
Commercial paper | Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash equivalents	140,301	114,976
Commercial paper | Level 1 | Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash equivalents	0	0
Commercial paper | Level 2 | Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash equivalents	140,301	114,976
Commercial paper | Level 3 | Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash equivalents	0	0
U.S. treasury securities | Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash equivalents	11,999
U.S. treasury securities | Level 1 | Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash equivalents	11,999
U.S. treasury securities | Level 2 | Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash equivalents	0
U.S. treasury securities | Level 3 | Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash equivalents	$ 0
Corporate bonds | Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash equivalents		4,310
Corporate bonds | Level 1 | Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash equivalents		0
Corporate bonds | Level 2 | Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash equivalents		4,310
Corporate bonds | Level 3 | Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash equivalents		$ 0

Fair Value of Financial Instr_4

Fair Value of Financial Instruments - Fair Value of Marketable Securities by Contractual Maturity (Details) $ in Thousands	Mar. 31, 2022USD ($)
Cash and Cash Equivalents [Abstract]
Due in one year or less	$ 711,071
Due after one to five years	283,275
Total	$ 994,346

Commitments and Contingencies (

Commitments and Contingencies (Details) - USD ($) $ in Millions	Mar. 31, 2022	Apr. 30, 2021
Commitments and Contingencies Disclosure [Abstract]
Minimum required purchases	$ 2,819.2	$ 3,250

Share-Based Compensation - Narr

Share-Based Compensation - Narrative (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Grant-date fair value of stock options vested	$ 0.8	$ 0.8
Aggregate intrinsic value of stock options exercised	9.5	$ 225.2
Unrecognized share-based compensation expense	$ 755.5
Weighted-average recognition period for unrecognized share-based compensation expense	2 years 7 months 6 days
2009 Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares reserved for issuance (in shares)	0
2019 Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Percentage of outstanding shares, additional reserve	5.00%
2019 Plan | Class A
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares reserved for issuance (in shares)	160,872,457
Stock Options | 2009 Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expiration period	10 years
Stock Options | 2019 Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expiration period	10 years
RSUs | 2009 Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expiration period	7 years

Share-Based Compensation - Stoc

Share-Based Compensation - Stock Option Activity (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2022	Dec. 31, 2021
Shares
Beginning balance (in shares)	16,141
Exercised (in shares)	(369)
Ending balance (in shares)	15,772	16,141
Exercisable (in shares)	15,278
Weighted-Average Exercise Price
Beginning balance (in dollars per share)	$ 3.19
Exercised (in dollars per share)	2.81
Ending balance (in dollars per share)	3.20	$ 3.19
Exercisable (in dollars per share)	$ 2.59
Weighted-Average Remaining Contractual Term, Outstanding	1 year 8 months 12 days	1 year 10 months 24 days
Weighted-Average Remaining Contractual Term, Exercisable	1 year 6 months
Aggregate Intrinsic Value, Outstanding	$ 337,583	$ 535,118
Aggregate Intrinsic Value, Exercisable	$ 336,466

Share-Based Compensation - Rest

Share-Based Compensation - Restricted Stock Unit Activity (Details) - Restricted Stock Units and Restricted Stock Awards Outstanding shares in Thousands	3 Months Ended
	Mar. 31, 2022$ / sharesshares
Shares
Beginning balance (in shares) | shares	36,258
Granted (in shares) | shares	2,146
Released (in shares) | shares	(4,800)
Forfeited (in shares) | shares	(3,225)
Ending balance (in shares) | shares	30,379
Weighted Average Grant Date Fair Value
Beginning balance (in dollars per share) | $ / shares	$ 30.84
Granted (in dollars per share) | $ / shares	32.97
Released (in dollars per share) | $ / shares	26.21
Forfeited (in dollars per share) | $ / shares	28.89
Ending balance (in dollars per share) | $ / shares	$ 31.92

Share-Based Compensation - Shar

Share-Based Compensation - Share-based Compensation Expense (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]
Share based compensation expense	$ 73,240	$ 79,459
Cost of revenue
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]
Share based compensation expense	1,194	1,312
Research and development
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]
Share based compensation expense	52,890	56,475
Sales and marketing
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]
Share based compensation expense	11,769	11,891
General and administrative
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]
Share based compensation expense	$ 7,387	$ 9,781

Net Loss Per Share - Calculatio

Net Loss Per Share - Calculation of Basic and Diluted Net Loss Per Share (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Denominator:
Weighted-average shares used in computing net loss per share, basic (in shares)	656,899	628,593
Weighted-average shares used in computing net loss per share, diluted (in shares)	656,899	628,593
Net loss per share, basic (in dollars per share)	$ (0.01)	$ (0.03)
Net loss per share, diluted (in dollars per share)	$ (0.01)	$ (0.03)
Class A
Numerator:
Net loss	$ (4,568)	$ (18,432)
Denominator:
Weighted-average shares used in computing net loss per share, basic (in shares)	568,238	534,554
Weighted-average shares used in computing net loss per share, diluted (in shares)	568,238	534,554
Net loss per share, basic (in dollars per share)	$ (0.01)	$ (0.03)
Net loss per share, diluted (in dollars per share)	$ (0.01)	$ (0.03)
Class B
Numerator:
Net loss	$ (713)	$ (3,242)
Denominator:
Weighted-average shares used in computing net loss per share, basic (in shares)	88,661	94,039
Weighted-average shares used in computing net loss per share, diluted (in shares)	88,661	94,039
Net loss per share, basic (in dollars per share)	$ (0.01)	$ (0.03)
Net loss per share, diluted (in dollars per share)	$ (0.01)	$ (0.03)

Net Loss Per Share - Weighted-A

Net Loss Per Share - Weighted-Average Anti-Dilutive Shares of Common Stock Excluded from the Calculation of Diluted Net Loss Per Share (Details) - shares shares in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Weighted-average anti-dilutive shares of common stock (in shares)	50,622	74,292
Outstanding stock options
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Weighted-average anti-dilutive shares of common stock (in shares)	15,929	22,136
Unvested restricted stock units and restricted stock awards
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Weighted-average anti-dilutive shares of common stock (in shares)	34,693	52,156

Geographical Information (Detai

Geographical Information (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021	Dec. 31, 2021
Revenues from External Customers and Long-Lived Assets [Line Items]
Total revenue	$ 574,885	$ 485,230
Total property and equipment, net and operating lease right-of-use assets	277,465		$ 281,313
U.S. and Canada
Revenues from External Customers and Long-Lived Assets [Line Items]
Total revenue	462,073	405,075
Europe
Revenues from External Customers and Long-Lived Assets [Line Items]
Total revenue	88,897	68,215
Rest Of World
Revenues from External Customers and Long-Lived Assets [Line Items]
Total revenue	23,915	11,940
United States
Revenues from External Customers and Long-Lived Assets [Line Items]
Total revenue	440,900	$ 388,200
Total property and equipment, net and operating lease right-of-use assets	236,975		247,975
International
Revenues from External Customers and Long-Lived Assets [Line Items]
Total property and equipment, net and operating lease right-of-use assets	$ 40,490		$ 33,338

Subsequent Events (Details)

Subsequent Events (Details) - USD ($) $ in Millions	Apr. 13, 2022	Mar. 31, 2022
Subsequent Event [Line Items]
Weighted-average recognition period for unrecognized share-based compensation expense		2 years 7 months 6 days
Unvested restricted stock units and restricted stock awards
Subsequent Event [Line Items]
Granted (in shares)		2,146,000
Subsequent Event | Unvested restricted stock units and restricted stock awards
Subsequent Event [Line Items]
Granted (in shares)	24,701,239
Aggregate grant-date fair value	$ 566.9
Weighted-average recognition period for unrecognized share-based compensation expense	3 years 9 months 18 days