--- title: "Grindr | 8-K: FY2026 Q2 Revenue Beats Estimate at USD 138.14 M" type: "News" locale: "en" url: "https://longbridge.com/en/news/295151086.md" datetime: "2026-08-06T22:13:41.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/295151086.md) - [en](https://longbridge.com/en/news/295151086.md) - [zh-HK](https://longbridge.com/zh-HK/news/295151086.md) generator: "portal-rs" --- # Grindr | 8-K: FY2026 Q2 Revenue Beats Estimate at USD 138.14 M Revenue: As of FY2026 Q2, the actual value is USD 138.14 M, beating the estimate of USD 132.44 M. ### Second Quarter 2026 Financial Highlights #### Revenue Grindr Inc.’s revenue for the three months ended June 30, 2026, was $138 million, representing a 33% growth compared to the prior year . App-based revenue reached $113 million in Q2 2026, a 30% year-over-year increase from $87 million in Q2 2025 . Advertising revenue increased 44% year-over-year to $25 million in Q2 2026, up from $17 million in Q2 2025 . #### Net Income Net income for Q2 2026 was $18 million, with a net income margin of 13% . This compares to net income of $16,638 thousand and a net income margin of 16.0% for the same period in 2025 . #### Adjusted EBITDA Adjusted EBITDA was $58 million, resulting in an Adjusted EBITDA margin of 42% . For Q2 2025, Adjusted EBITDA was $45,207 thousand with an Adjusted EBITDA Margin of 43.4% . #### Operating Income and Expenses Operating income for Q2 2026 was $33 million, or 24% of revenue, an increase from $24 million, or 23% of revenue, in Q2 2025 . Operating expenses, excluding cost of revenue, were $71 million in Q2 2026, up from $53 million in Q2 2025, partly due to higher one-time marketing expenses . #### Operating Costs and Other Adjustments (Three Months Ended June 30, 2026 vs. 2025) - **Interest expense, net**: $6,529 thousand in 2026, up from $3,564 thousand in 2025 . - **Income tax provision**: $5,149 thousand in 2026, compared to $4,654 thousand in 2025 . - **Depreciation and amortization**: $895 thousand in 2026, a decrease from $3,068 thousand in 2025 . - **Litigation-related costs**: $2,916 thousand in 2026, significantly higher than $754 thousand in 2025 . - **Transaction-related costs**: $123 thousand in 2026, with no reported costs in 2025 . - **Stock-based compensation expense**: $20,625 thousand in 2026, an increase from $16,529 thousand in 2025 . - **Employee transition costs**: $740 thousand in 2026, with no reported costs in 2025 . - **Equity method investee losses and related credit loss**: $1,909 thousand in 2026, with no reported losses in 2025 . - **Other expense**: $1,011 thousand in 2026, with no reported expense in 2025 . ### Six Months Ended June 30, 2026 Financial Highlights #### Revenue Revenue for the six months ended June 30, 2026, was $268,079 thousand, compared to $198,158 thousand for the same period in 2025 . #### Net Income Net income was $44,493 thousand in 2026, slightly up from $43,657 thousand in 2025 . The net income margin was 16.6% in 2026, down from 22.0% in 2025 . #### Adjusted EBITDA Adjusted EBITDA for the six months ended June 30, 2026, was $116,113 thousand, an increase from $85,896 thousand in 2025 . The Adjusted EBITDA Margin remained consistent at 43.3% for both periods . #### Operating Costs and Other Adjustments (Six Months Ended June 30, 2026 vs. 2025) - **Interest expense, net**: $13,134 thousand in 2026, up from $7,439 thousand in 2025 . - **Income tax provision**: $14,319 thousand in 2026, compared to $9,205 thousand in 2025 . - **Depreciation and amortization**: $1,878 thousand in 2026, a decrease from $6,545 thousand in 2025 . - **Litigation-related costs**: $3,483 thousand in 2026, higher than $980 thousand in 2025 . - **Transaction-related costs**: $146 thousand in 2026, with no reported costs in 2025 . - **Stock-based compensation expense**: $35,633 thousand in 2026, an increase from $27,476 thousand in 2025 . - **Employee transition costs**: $437 thousand in 2026, compared to $499 thousand in 2025 . - **Equity method investee losses and related credit loss**: $1,909 thousand in 2026, with no reported losses in 2025 . - **Change in fair value of warrant liability**: $0 in 2026, compared to - $9,905 thousand in 2025 . - **Other expense**: $681 thousand in 2026, with no reported expense in 2025 . ### Key Operating Metrics Average Paying Users (APU) reached 1.4 million in Q2 2026, a 16% year-over-year increase . Average Revenue Per Paying User (ARPPU) was $26.51, up 12% year-over-year . ### Share Repurchase Program During Q2 2026, Grindr Inc. entered into another accelerated share repurchase agreement for $60 million . Since December 2025, the company has deployed $210 million towards repurchasing common stock, with approximately $300 million remaining available under the authorization as of the end of Q2 2026 . ### AI-Driven Efficiencies Grindr Inc. estimates approximately $60 million in annual cost savings due to AI . Total engineering output increased approximately 2.5 times from July 2025 to April 2026 with minimal growth in the technical team . ### Headcount Grindr Inc. ended Q2 2026 with 172 full-time U.S. employees and expects to conclude 2026 with lower overall headcount than originally planned . ### Outlook / Guidance Grindr Inc. has raised its full-year 2026 expectations, now anticipating approximately $540 million in revenue and $232 million in Adjusted EBITDA . This upward revision is attributed to strong user engagement and organic momentum, with users responding better than anticipated to expanded product value and capabilities . The company anticipates advertising revenue to be in the mid-to-high teens as a percentage of total revenue for 2026, normalizing near historical ranges in 2027 . ### Related Stocks - [GRND.US](https://longbridge.com/en/quote/GRND.US.md) ## Related News & Research - [Grindr director Daniel Brooks Baer sells 3,500 common shares for $54,775](https://longbridge.com/en/news/296649393.md) - [SoftwareOne attaches full H1 2026 report in correction to earlier release](https://longbridge.com/en/news/297010247.md) - [Cemat publishes H1 2026 interim report](https://longbridge.com/en/news/297006906.md) - [Omda to present Q2 2026 results via webcast](https://longbridge.com/en/news/297024929.md) - [Ameriprise Financial declares Q3 2026 dividend of R$ 1.48 per unit](https://longbridge.com/en/news/297021432.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**