Pinterest reported Q3 2025 revenue of $1.1 billion, up 17% YoY and slightly ahead of forecasts, as global user growth and AI-driven ad features continue to lift engagement. Monthly active users climbed 12% to 600 million, with international markets up 16% and driving most of the gains. Yet softer Q4 guidance spooked investors, sending shares down 20%. CFO Julia Donnelly cited “moderating ad spend” among US retailers facing tariff pressures. Globally, Pinterest’s AI tools—visual search, generative creative, and shoppable feeds—are strengthening its position as the web’s most frictionless bridge between inspiration and purchase. Consistency remains Pinterest’s quiet advantage.
Dating app fatigue has set in for many consumers, but one entrant in the market is quietly catching on among younger consumers—Facebook Dating. The feature, which launched in 2019, has amassed more than 21 million daily active users (DAUs), compared with Hinge’s 15 million, per The New York Times. To capitalize on the dating feature's growth and user engagement, brands should use zero-party data to target ads based on profile preferences—such as users who are interested in shopping, outdoor experiences, or live events—while ensuring placements don’t feel intrusive in an intimate, high-intent environment.
The race to succeed Twitter is maturing into a two-lane race. Meta’s Threads has surged to 150 million daily active users, per Meta, while decentralized rival Bluesky has climbed to 40 million users, per TechCrunch. The post-Twitter world is segmenting. Threads offers scale and a burgeoning ad ecosystem, but Bluesky might be better for more organic brand engagement with specific user groups. For brands, the opportunity lies in balance: Use Threads for audience growth and measurable performance and Bluesky to test tone, voice, and authenticity. Together, they offer a preview of where digital conversation and brand storytelling are headed next.
Reddit COO Jen Wong told EMARKETER that the platform has evolved from explaining itself to advertisers to proving it can deliver results. “We’ve shown Reddit can drive real business outcomes,” she said, noting that nine of fifteen verticals grew ad spend by at least 50% YoY. Wong emphasized discovery as Reddit’s next frontier—especially in underexposed sectors like parenting and sports—and said product improvements will make communities easier to find. With ad revenues projected to climb 46.6% in two years, Reddit’s opportunity is one of scale and visibility, driven by authenticity and high-intent engagement.
From Ulta Beauty’s new marketplace to Gap’s creator platform, here’s what the eight most interesting retailers from October have been up to, as ranked on our “Behind the Numbers” podcast.
When it comes to AI investment, Google CEO Sundar Pichai's mantra that the risk is underspending, not overspending, seems to be holding true at Meta. It forecast roughly $600 billion on AI-related capital expenditure over the next three years, but investors are questioning whether that philosophy has limits. Meta’s heavy focus on AI could aid its ad offerings, especially personalization options and its AI-powered ad suite. At the same time, overspending could lead to uneven focus that leaves other ventures—including its cash-burning Reality Labs and plateauing interest in Facebook—vulnerable.
Reddit’s Q3 earnings confirmed what advertisers have suspected: the platform’s community-driven ad model can scale profitably. Revenue jumped 68% to $585 million, crushing Wall Street estimates, while EPS of $0.80 easily beat forecasts. Global daily actives climbed 19% to 116 million, though US user growth slowed to 7%, down from 12% last quarter. Data licensing revenue rose 7% as Reddit continues to defend its content from unauthorized AI scraping—a fight central to its long-term strategy. For advertisers, Reddit’s results underscore its strength as a high-intent, performance-focused channel—even as slower domestic user growth raises questions about future expansion.
Meta posted $51.24 billion in Q3 revenue, up 24% YoY, with Instagram driving the bulk of growth as Reels, AI discovery, and cross-device formats redefine engagement. Reels now account for half of all Instagram time spent, while Meta’s upcoming CTV app positions it to compete directly with YouTube. Facebook’s US user base remains stable near 181 million, but Instagram’s will climb to nearly 170 million by 2029. For advertisers, Meta’s evolution marks a shift from scale to yield—emphasizing creative iteration, storytelling, and AI-powered optimization across its maturing social and video platforms.
The Trump administration claimed Thursday that China has greenlit a US TikTok transfer agreement, just over a month after President Trump signed an executive order to keep the short-form video leader operational in the US. China’s commerce ministry simultaneously announced that it will collaborate with the US to solve “issues related to TikTok,” but similarly did not elaborate. Tentative talks around TikTok’s future offer short-term stability for advertisers but don’t resolve issues TikTok will face in the long-term.
Pinterest announced AI-powered updates for its boards feature on Monday, with a new look and upgrades aimed at offering users a more personalized and relevant experience. With Pinterest now capable of picking up more subtle signals about user interests, including their aesthetics and preferred boards, advertisers can now better appear in contexts that are more aligned with user mindsets.
"In this world of filters and celebrities and influencers, what I'm seeing is that people are wanting something that feels real," said Patrick Buchanan, SVP of marketing at Lulus on a recent episode of “Behind the Numbers.” "When they hear stories that feel like their own or see people who look like they're in a similar life stage, you see people relating to that."
Elon Musk’s X has lost another key figure in its advertising business, with ad chief John Nitti announcing his departure last week after joining just ten months ago, per the Financial Times. Another key loss signals that X’s ad strategy remains turbulent—and until its AI-powered ad focus proves valuable, ad investment should be executed with an air of caution.
On today’s podcast episode, we discuss how WNBA viewership did the year after the ‘Caitlin Clark Effect’ hit the league, what social media will do to full-game viewership growth, and what advertisers should be paying attention to most amidst this surge in women’s sports. Join Senior Director of Podcasts and host, Marcus Johnson, and Analysts Marisa Jones and Paola Flores-Marquez. Listen everywhere and watch on YouTube and Spotify.
68% of US ad spending by microdrama apps went to social networks from January to September 2025, according to US ad spend reports from ReelShort, DramaBox, GoodShort, NetShort, and ShortMax, compiled by Sensor Tower.
The oldest members of Gen Alpha are highly connected to technology and wield $28 billion in spending power, per Numerator. Half of US 15- and 16-year-olds own multiple devices, giving them access to the internet wherever they are, according to 1,000 Gen Alpha parents surveyed by Attest. The vast majority (92%) have a smartphone. To reach the next generation of shoppers, marketers should be just as internet-savvy as they are and focus on digital content. Build creator and influencer partnerships, and ensure gaming ads are contextually driven and don't interfere with gameplay.