Pinterest reached 631 million global monthly active users in Q1, up 11% year over year. User growth has been double-digit for 10 consecutive quarters. Growth is increasingly international, with monthly active users from outside North America and Europe up 15% year over year. Management targets 14% to 16% year-over-year revenue growth in Q2. Revenue growth has outpaced user growth, including 18% revenue growth alongside the 11% user increase. Average revenue per user rose across all regions as Pinterest generated more revenue per user while adding users, supported by AI-powered advertising.
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