Grindr Inc. (GRND) Earnings History

Grindr Inc. - Q4 FY2025 EarningsBeat

Filed at: Feb 26, 2026, 4:20 PM EST|Read from source

EXECUTIVE SUMMARY

Grindr Inc. reported strong financial performance for fiscal year 2025, driven by significant revenue growth and improved profitability. The company is investing in premium experiences and AI capabilities to foster sustainable, profitable long-term growth, and has increased its share repurchase program.

POSITIVE HIGHLIGHTS

  • •

    Full year 2025 revenue grew 28% year-over-year to $439.9 million.

    positive
  • •

    Full year 2025 Adjusted EBITDA increased to $195.6 million, up from $147.3 million in the prior year.

    positive
  • •

    Adjusted EBITDA margin improved to 44.5% in 2025 from 42.7% in 2024.

    positive
  • •

    Net income turned positive to $94.8 million in 2025, compared to a net loss of $131.0 million in 2024.

    positive
  • •

    Free cash flow increased to $132.9 million in 2025 from $89.6 million in 2024.

    positive
  • •

    Announced an increase of $400 million to the common stock repurchase program, extending it to March 2029.

    positive

CONCERNS & RISKS

  • •

    Operating cash flow conversion was 149.4% in 2025, but was negative at -72.5% in 2024, indicating significant volatility in cash flow generation relative to net income in the prior year.

    attention
  • •

    The company's prior year (2024) net loss was $131.0 million, highlighting a significant turnaround in profitability.

    attention

FINANCIAL METRICS

Revenue
Quarterly
N/A
N/A
Annual (YTD)
$439.90M
N/A
Prior year: $344.64M
Net Income
Quarterly
N/A
N/A
Annual (YTD)
$94.75M
N/A
Prior year: $-131.00M
EPS (Diluted)
Quarterly
N/A
N/A
Operating Income
Quarterly
N/A
N/A
EPS (Basic)
Quarterly
N/A
N/A

MARGIN ANALYSIS

Net Margin
Current Quarter
21.5%
Prior Year
-38.0%
YoY Change
+5950 bps

Margin expansion indicates improving profitability and operational efficiency. Measured in basis points (bps): 100 bps = 1.0%.

MANAGEMENT GUIDANCE

FY2026

revenue
"greater than $528 Million"
Adjusted EBITDA
"greater than $217 Million"

Forward-looking guidance is subject to change and does not constitute a guarantee. Actual results may differ materially from these estimates.

SPECIAL ITEMS & ADJUSTMENTS

FY2025
Transaction related costs
Consist of legal, consulting, and other professional fees related to potential transactions.
+$1.597M
FY2025
Employee transition costs
Relate to the transition of the former CFO and severance for employees not participating in RTO Plan.
+$2.856M
FY2024
Litigation-related costs
Primarily represent external legal fees associated with outstanding litigation or regulatory matters outside of the ordinary course, such as fees incurred in connection with the Norwegian Data Protection Authority fine and CWA unionization.
+$1.19M
FY2024
Change in fair value of warrant liability
Relates to warrants that were remeasured upon exercise or redemption. In February 2025, all outstanding warrants were redeemed.
+$184.557M
Total Impact
+$190.2M

Special items are non-recurring events that may distort period-over-period comparisons. Analysts typically adjust for these when calculating normalized earnings.

MANAGEMENT COMMENTARY

Grindr delivered exceptional results in 2025 and delivered fourth quarter results that exceeded the increased outlook for the year we provided in November.

— Grindr Inc., Q4 FY2025 2025 Earnings Call

We delivered net income of $95 million and our full-year Adjusted EBITDA of $196 million was higher than our annual revenue when we went public just three years ago, demonstrating strong execution and high productivity.

— Grindr Inc., Q4 FY2025 2025 Earnings Call

We intend to raise the bar even higher in 2026 as we invest in premium experiences, durable core growth initiatives, and stronger platform foundations, all supported by our rapidly growing AI capabilities.

— Grindr Inc., Q4 FY2025 2025 Earnings Call

Commentary excerpts from earnings call transcripts provide management's perspective on performance, strategy, and outlook. Always review full transcripts for complete context.

OPERATIONAL METRICS

Monthly Active Users
15.0M
users

Operational metrics provide insight into business drivers and customer engagement beyond traditional financial measures.