• Pinterest average gross margin for 2023 was 76.09%, a 2.19% increase from 2022.
• Pinterest average gross margin for 2022 was 77.79%, a 0.21% decline from 2021.
• Pinterest average gross margin for 2021 was 77.63%, a 10.82% increase from 2020.

Gross margin can be defined as a company's total sales revenue minus its cost of goods sold, divided by the total sales revenue, expressed as a percentage.