The earnings call presented a generally positive outlook with strong revenue growth, successful product launches, and positive net income. However, the company faces challenges with increased operating expenses and direct advertising growth. The leadership transition also adds uncertainty.

Company Guidance

In the second quarter of 2025, Grindr demonstrated robust financial performance, with total revenue increasing by 27% year-over-year to $104 million and an adjusted EBITDA margin of 43%, equivalent to $45 million. The company reported direct revenue of $87 million, up 24% year-over-year, with strong growth driven by subscription offerings and enhancements in recommendations. Average monthly active users (MAUs) grew by 6% year-over-year to 14.9 million, while average paying users increased by 16% to 1.2 million. The average direct revenue per paying user rose by 7% to $23.65. Indirect revenue surged by 39% year-over-year to $17 million due to new third-party advertising partners and international market traction. Operating expenses, excluding $27 million in cost of revenue, were $53 million, reflecting a 43% increase primarily due to stock-based compensation. Net income amounted to $17 million, translating to 16% of revenue, a significant improvement from a net loss of $22 million in the previous year. The company also generated free cash flow of $37 million and ended the quarter with $121 million in cash and cash equivalents. Grindr reaffirmed its full-year outlook, anticipating at least 26% revenue growth and a minimum adjusted EBITDA margin of 43%.

Strong Revenue Growth

In Q2, total revenue grew 27% year-over-year to $104 million, with an adjusted EBITDA margin of 43% or $45 million.

Subscription and User Metrics

Direct revenue for the quarter was $87 million, up 24% year-over-year. Average monthly active users grew 6% year-over-year to 14.9 million, while average paying users increased 16% year-over-year to 1.2 million.

Successful Launch of New Features

Launched mobile mapping in 'Right Now' and 'Explore' features, with Explore Heatmaps showing the most active areas across 21 markets.

Indirect Revenue Surge

Indirect revenue was $17 million, up 39% year-over-year, driven by new third-party advertising partners and traction in international markets.

Positive Net Income and Cash Flow

Net income was $17 million, representing 16% of revenue compared to a net loss of $22 million in the same period last year. Free cash flow was $37 million.

Grindr (GRND) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

GRND Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Nov 17, 2025	2025 (Q3)	0.12 / -	0.14	―	―	―
Jun 30, 2025	2025 (Q2)	0.10 / 0.08	-0.13	161.54% (+0.21)
May 08, 2025	2025 (Q1)	0.08 / 0.11	-0.05	320.00% (+0.16)	―
Mar 05, 2025	2024 (Q4)	0.09 / -0.70	-0.26	-169.23% (-0.44)	―
Nov 07, 2024	2024 (Q3)	0.07 / 0.14	-0.002	7100.00% (+0.14)	―
Aug 08, 2024	2024 (Q2)	0.05 / -0.13	0.128	-201.56% (-0.26)	―
May 09, 2024	2024 (Q1)	0.04 / -0.05	-0.19	73.68% (+0.14)	―
Mar 07, 2024	2023 (Q4)	- / -0.26	0.03	-966.67% (-0.29)	―
Nov 13, 2023	2023 (Q3)	- / >-0.01	-0.266	99.25% (+0.26)	―
Aug 14, 2023	2023 (Q2)	- / 0.13	-0.218	158.72% (+0.35)	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

GRND Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Jun 30, 2025	$22.70	$21.85	-3.74%
May 08, 2025	$24.45	$24.00	-1.84%
Mar 05, 2025	$18.69	$15.70	-16.00%
Nov 07, 2024	$14.77	$15.00	+1.56%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.