Grindr Inc. Common Stock Earnings Recaps
Q3 2025
Nov 8, 2025
Grindr reported robust earnings for Q3 2025, with a 30% year-over-year revenue growth and an impressive adjusted EBITDA margin of 47%. The company is poised for a strong finish to the year while reaffirming its growth outlook.
Key takeaways
- Adjusted EBITDA forecast for full year 2025 is raised to $191-$193 million, with margins exceeding 43%.
- Successful pricing tests for new subscription tiers showed minimal user retention impact, indicating strong customer loyalty.
- Continued product expansion and feature enhancements, including AI-powered tools, are driving user engagement and revenue growth.
- A unique demographic influx keeps the platform vibrant, particularly with strong engagement among users aged 18-29.
- The Board is evaluating a proposal from two major shareholders to take Grindr private, while the company focuses on executing its strategic vision.
Q2 2025
Aug 8, 2025
Grindr reported a robust second quarter, achieving a 27% year-over-year revenue growth to $104 million and reaffirming its full-year financial guidance.
Key takeaways
- Adjusted EBITDA margin was 43%, indicating strong operational efficiency despite rising expenses.
- Average monthly active users (MAUs) grew 6% year-over-year to 14.9 million, with paying users up 16% to 1.2 million.
- Indirect revenue surged 39% year-over-year to $17 million, benefiting from new advertising partnerships and international expansion.
- Net income improved to $17 million, reversing the prior year's loss, with a GAAP EPS of $0.08.
- Free cash flow for the quarter was $37 million, bolstering a strong cash position of approximately $121 million.