Match Group earnings beat Wall Street’s expectations
Tinder is so back.
Match Group rose more than 4% in postmarket trading Tuesday after reporting Q1 earnings that beat Wall Street’s expectations. The dating app conglomerate reported:
Revenue of $864 million (compared to analyst estimates of $854.8 million and guidance for $850 million to $860 million).
Adjusted EBITDA of $343 million (estimate: $317.3 million, guidance for $315 million to $320 million).
Adjusted earnings per share of $0.68 (estimate: $0.61).
13.5 million current paying users (estimate: 13.6 million).
The company has been seeking to diversify its user base. “Winning women is critical to us,” CEO Spencer Rascoff told the Financial Times, speaking about the app Tinder in April. “[Achieving] gender parity is very challenging, but we absolutely need to do a better job of driving outcomes for women.”
Though Match doesn’t disclose gender breakdowns, market intelligence platform Sensor Tower estimates that 75% of Tinder’s users are men.
Match also sees queer men as part of this effort to grow its user base. In April, the dating app company invested 100 million in Sniffies, a competitor to Grindr.
In its press release on Tuesday, the company noted a turnaround with Gen Z on Tinder — the dating app that makes up the bulk of its revenue — “which is a clear signal that Tinder’s ecosystem is strengthening.”
With Tinder’s revenue up 2% year over year, the company can breathe a sigh of relief, as it won’t have to lean as heavily on high-growth Hinge (up 28% year over year).
For Q2 2026, Match Group expects total revenue of $850 million to $860 million, in line with analyst estimates of $856 million.
Meanwhile, the company’s competitor, Bumble, reported on Tuesday a 14% decrease in revenue year over year and a 21% decrease in paying users in the first quarter.
