NASDAQ$BMBL
Bumble Inc. · Q3 2024 earnings
Q3 2024 earnings · · Investor relations
Briefing
Announced Q3 2024 results, with total revenue decreasing slightly and Bumble app paying users increasing.
Bumble Inc. reported a slight decrease in total revenue, down 0.7% to $273.6 million. Bumble app revenue also decreased by 0.7% to $220.2 million. However, Bumble app paying users increased by 10% to 2.9 million. The company reported a net loss of $849.3 million, including $892.2 million in non-cash impairment charges.
- Total revenue decreased by 0.7% to $273.6 million.
- Bumble App revenue decreased by 0.7% to $220.2 million.
- Bumble App paying users increased by 10% to 2.9 million.
- Net loss was $849.3 million, including $892.2 million of non-cash impairment charges.
Headline financials
Revenue & EPS history
Bumble · Revenue · Quarterly
$274M
Revenue by segment
Bumble · $276M total across 2 segments · Q3 2023
- Bumble App$222M+22.8%80.5%
- Badoo App and Other$53.7M+3.3%19.5%
Forward guidance
Bumble anticipates total revenue in the range of $256 million to $262 million for the fourth quarter of 2024, including Bumble App revenue of $207 million to $211 million. Adjusted EBITDA is expected to be $70 million to $73 million. For the full year 2024, total revenue is projected to be in the range of $1,066 million to $1,072 million, including Bumble App revenue of $861 million to $865 million, with Adjusted EBITDA margin growth of at least 200 basis points.
Tailwinds
- Total Revenue in the range of $256 million to $262 million for Q4 2024.
- Bumble App Revenue of $207 million to $211 million for Q4 2024.
- Adjusted EBITDA of $70 million to $73 million for Q4 2024.
- Total Revenue in the range of $1,066 million to $1,072 million for full year 2024.
- Bumble App Revenue of $861 million to $865 million for full year 2024.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q3 2024
+0.0%
Avg return
Earnings day
+2.1%
Avg return
5 days after
+0.2%
Avg return
30 days after
50%
11 / 22 earnings
Positive
+45.7%
Q4 2021
Best reaction
-30.2%
Q4 2024
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -20.0% | -23.3% | -34.0% | |
| Q4 2025 | +33.8% | +45.8% | +19.7% | |
| Q3 2025 | -22.0% | -26.2% | -33.2% | |
| Q1 2025 | +26.1% | +33.3% | +21.0% | |
| Q4 2024 | -30.2% | -31.7% | -44.1% | |
| Q3 2024 | +4.0% | +18.3% | +10.3% | |
| Q2 2024 | -27.8% | -27.4% | -14.3% | |
| Q1 2024 | +11.2% | +11.7% | +8.9% | |
| Q4 2023 | -11.7% | -10.1% | -10.8% | |
| Q3 2023 | +5.7% | +9.0% | +8.2% | |
| Q2 2023 | -7.6% | -8.1% | -10.9% | |
| Q4 2022 | +11.4% | +4.9% | -16.3% | |
| Q3 2022 | +4.9% | +13.7% | +6.7% | |
| Q2 2022 | -10.1% | -3.9% | -21.6% | |
| Q1 2022 | +16.3% | +34.2% | +57.9% | |
| Q4 2021 | +45.7% | +33.3% | +64.3% | |
| Q3 2020 | -0.2% | -0.9% | -5.9% | |
| Q3 2021 | -24.2% | -24.3% | -28.7% | |
| Q2 2021 | +9.0% | +6.1% | +24.8% | |
| Q1 2020 | -3.2% | -5.5% | +14.1% | |
| Q1 2021 | -20.1% | -19.2% | -6.0% | |
| Q4 2020 | +10.2% | +16.1% | -4.9% | |
| Q2 2020 | — | — | — | |
| Q4 2019 | — | — | — |
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