Financial Performance - Total revenue decreased by 10% year-over-year to $246.2 million in Q3 2025[23] - Bumble App revenue decreased by 10% year-over-year to $198.8 million in Q3 2025[23] - Total paying users decreased by 16% year-over-year to 3.6 million in Q3 2025[23] - Bumble App paying users decreased by 18% year-over-year to 2.3 million in Q3 2025[23] - Total Average Revenue per Paying User (ARPPU) increased by 7% year-over-year to $22.64 in Q3 2025[23] - Adjusted EBITDA increased by 1% year-over-year to $83.1 million in Q3 2025[23] User Metrics - Bumble App paying users decreased by 57,000 quarter-over-quarter in Q3 2025[30] - Bumble App Average Revenue per Paying User (ARPPU) increased to $28.27 in Q3 2025, an 11% year-over-year increase[30] - Badoo App and Other paying users decreased by 47,000 quarter-over-quarter in Q3 2025[35] - Badoo App and Other Average Revenue per Paying User (ARPPU) decreased by 1% year-over-year to $11.91 in Q3 2025[35] Financial Outlook - The company anticipates total revenue between $216 million and $224 million[43] - The company anticipates Bumble App revenue between $176 million and $182 million[43] - The company anticipates Adjusted EBITDA between $61 million and $65 million[43]

Financial Data and Key Metrics Changes - Match Group's total revenue for Q3 2025 was $914 million, up 2% year over year, and up 1% year over year on a foreign exchange-neutral basis [27] - Adjusted EBITDA was $301 million, down 12% year over year, representing an adjusted EBITDA margin of 33% [28] - Excluding a $61 million legal settlement charge, adjusted EBITDA would have been $364 million, up 6% year over year, with a margin of 40% [28] - Payers declined 5% year over year to 14.5 million, while revenue per payer (RPP) increased 7% year over year to $20.58 [27] Business Line Data and Key Metrics Changes - Tinder's direct revenue in Q3 was $491 million, down 3% year over year, with payers declining 7% to 9.3 million and RPP increasing 5% to $17.66 [29] - Hinge's direct revenue was $185 million, up 27% year over year, with payers increasing 17% to 1.9 million and RPP increasing 9% to $32.87 [30] - E&E's direct revenue was $152 million, down 4% year over year, with payers decreasing 13% to 2.3 million, while RPP increased 10% to $22.22 [30] Market Data and Key Metrics Changes - Match Group Asia's direct revenue was $69 million, down 4% year over year, with payers increasing 6% to 1.1 million, while RPP declined 10% to $20.73 [31] - Azar's direct revenue was flat year over year, negatively impacted by an estimated $3 million due to regulatory issues in Turkey [31] Company Strategy and Development Direction - The company is focused on a three-part turnaround strategy: reset, revitalize, and resurgence, with a strong emphasis on product excellence and long-term growth [4] - The marketing strategy aims to fuel category consideration and attract new users through product-led storytelling [5] - Hinge is positioned as a serious dating app, while Tinder aims to be the first dating app for users, targeting different market segments [54] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the early investments and improvements in user outcomes, particularly at Tinder and Hinge [40] - The company anticipates a continued focus on user experience and product innovation, with plans for significant product events in 2026 [48] - Management acknowledged potential short-term revenue impacts from user experience testing but emphasized the long-term benefits of improved user outcomes [22] Other Important Information - The company has seen a 60% reduction in user views of profiles identified as bad actors due to the implementation of the Face Check feature [18] - The company plans to fully roll out alternative payments across major apps in Q4, expecting to generate approximately $14 million in savings in Q4 2025 and $90 million in 2026 [23] Q&A Session Summary Question: Can you expand on the green shoots seen across the company and at Tinder specifically? - Management highlighted improvements in user outcomes at Tinder, with a clear mission statement and metrics like Sparks indicating better product efficacy [40] Question: How do you view the impact of user outcome testing on revenue? - Management noted that while some tests may initially hurt monthly active users, the overall stabilization of MAUs is a positive sign [62] Question: What is the expected impact of the $90 million savings on revenue headwinds next year? - Management indicated that the $90 million provides flexibility, but it is too early to determine its necessity to offset potential revenue declines [51] Question: How is Hinge's engagement profile changing with its expansion? - Management confirmed that Hinge's positioning as a serious dating app remains consistent, and its recent launch in Mexico has shown promising early results [54]

Q3 2025 Supplemental Materials February X, 2025 Disclosures and Definitions Non-GAAP Financial Measures This presentation includes certain non-GAAP financial measures in addition to financial measures presented in accordance with U.S. GAAP. These non-GAAP financial measures are in addition to, and not a substitute for or superior to, measures of financial performance prepared in accordance with U.S. GAAP. See pages 20-37 for a reconciliation of the non-GAAP financial measures to their most comparable GAAP m ...

Core Insights - Match Group forecasts fourth-quarter revenue below analysts' estimates, highlighting ongoing challenges in its turnaround efforts [1] - The company struggles to convert casual users on Tinder into paying subscribers, which is critical for revenue growth [1] Financial Performance - The revenue forecast for the fourth quarter is expected to be lower than analysts' expectations, indicating potential difficulties in meeting financial targets [1] User Engagement - There are significant challenges in converting casual swipers into paying users, which is essential for the company's growth strategy [1]

Core Insights - Match Group reported financial results for Q3 2025, achieving revenue expectations and exceeding Adjusted EBITDA expectations, despite a $61 million legal settlement charge [1][3][5] - The company is focusing on innovation and user outcomes, with a strategy aimed at long-term growth and operational efficiency [1][11] Financial Performance - Total revenue for Q3 2025 was $914 million, a 2% increase year-over-year, with Direct Revenue also up by 2% to $897 million [5][6] - Net income rose 18% year-over-year to $161 million, resulting in a Net Income Margin of 18% [5][6] - Adjusted EBITDA was $301 million, down 12% year-over-year, but would have been $364 million (up 6% year-over-year) excluding the legal settlement charge [5][6] - Operating Cash Flow and Free Cash Flow for the year-to-date through September 30, 2025, were $758 million and $716 million, respectively [14] Shareholder Returns - The company repurchased 17.4 million shares at an average price of $32 per share, totaling $550 million, and paid $141 million in dividends, utilizing 97% of free cash flow for capital returns [5][15] - A cash dividend of $0.19 per share was declared, payable on January 21, 2026 [9] Strategic Initiatives - Match Group is executing a $50 million reinvestment plan to enhance user-first features, marketing, and international expansion [1][11] - The company is rolling out AI-driven features like Chemistry for Tinder, which personalizes user matches, and Face Check for enhanced user verification [11] - Hinge is expanding internationally, with launches in Mexico and Brazil, and continues to develop AI-powered features to improve user engagement [11] Legal and Regulatory Developments - The company resolved a decade-long legal case regarding Tinder's age-based pricing practices, allowing it to focus on future growth [2]

Core Insights - Grindr, the LGBTQ social networking platform, is moving closer to becoming a private company following a buyout proposal from two board members and major investors [2][5]. Group 1: Buyout Proposal - Two board members, George Raymond Zage III and James Fu Bin Lu, have proposed to acquire Grindr for $18 per share, valuing the company at nearly $3.5 billion, which represents a 51% premium over the stock price on October 10 [2][3]. - The investors collectively own more than 60% of Grindr's outstanding shares, indicating strong backing for the buyout [3]. Group 2: Company Performance - Grindr has faced challenges in meeting Wall Street expectations, with its stock price dropping after disappointing fourth-quarter earnings and a lower-than-expected margin forecast for 2025 [5]. - The company generates revenue through subscription fees and advertising sales, and it has nearly 15 million monthly active users [4][5]. Group 3: Market Reaction - Following the announcement of the buyout proposal, Grindr's shares increased by nearly 19% on the day of the announcement, although they later fell by more than 4% to $14.45 per share [6].

Core Viewpoint - The Apple fee of up to 30% in India is expected to negatively impact revenues for Match Group, the owner of Tinder, as stated in their submission to the Indian antitrust authority [1] Group 1 - Match Group highlighted that the high fees imposed by Apple could stifle their revenue growth over time [1] - The company emphasized the need for substantial fines against Apple to address the competitive imbalance created by these fees [1]

Accessibility StatementSkip Navigation First-of-Its-Kind Face Check Technology Helps Confirm Users Are Real and Match Their Profile Photos LOS ANGELES, Oct. 22, 2025 /PRNewswire/ -- Match Group (NASDAQ: MTCH) and its flagship app, Tinder, announced today the U.S. rollout of Face Checkâ"¢, a first-of-its-kind facial verification feature that helps confirm users are real and match their profile photos. Face Check is now required for all new users in seven countries and the state of California, and will roll o ...

Core Insights - Match Group, Inc. is a leading provider of digital dating services with a market cap of $7.9 billion, operating popular platforms like Tinder and Hinge in over 190 countries [1] Financial Performance - The company is expected to announce fiscal Q3 earnings on November 4, 2025, with analysts projecting a profit of $0.74 per share, a 45.1% increase from $0.51 per share in the same quarter last year [2] - For the current year, analysts anticipate an EPS of $2.60, reflecting a 16.6% growth from $2.23 in fiscal 2024, and further growth to $3.03 in fiscal 2026, a 16.5% year-over-year increase [3] Stock Performance - Match Group's stock has declined by 12.7% over the past 52 weeks, underperforming compared to the S&P 500 Index's 15.1% rise and the Communication Services Select Sector SPDR Fund's 28.4% increase [4] Recent Developments - Following the Q2 2025 earnings report, Match Group shares surged by 10.5% due to revenue of $863.7 million exceeding estimates, driven by growth at Hinge and a new AI-powered discovery algorithm [5] - The company provided an optimistic Q3 revenue forecast of $910–$920 million and announced a $50 million reinvestment initiative for product innovation and expansion [5] Analyst Sentiment - Wall Street analysts maintain a "Moderate Buy" rating for Match Group, with a mean price target of $38.47, indicating a potential upside of 16.4% from current levels [6]

Match Group (NASDAQ: MTCH ) has the largest global portfolio of online dating services, with giant names such as Tinder and Hinge, as well as many niche-focused apps and websites. Right now, the stock is tradingAs of 2025, I've got over 10 years of researching companies. In total, throughout my investing life, I estimate that I researched (in depth) well over 1000 companies, from commodities like oil, natural gas, gold and copper to tech like Google or Nokia and many emerging market stocks, which I believe ...