NASDAQ$MTCH

Match Group, Inc · Q4 2025 earnings

Q4 2025 earnings · · After market close · Investor relations

Briefing

Match Group reported Q4 2025 revenue of $878M with net income of $210M and diluted EPS of $0.83.

Fourth-quarter total revenue increased 2% to $878 million; revenue per payer rose 7% to $20.72 while payers declined 5% to 13.8 million. Net income was $210 million (24% margin); diluted EPS was $0.83. Hinge direct revenue grew 26% year over year in Q4.

  • Q4 revenue $878M (+2% YoY).
  • RPP +7%; payers 13.8M.
  • Dividend raised 5% to $0.20 per share.
  • FY26 revenue guide $850–860M for Q1.

Headline financials

Total Revenue

$878M

Previous: $860M+2.1%
EPS (adj)

$0.83

Previous: $0.59+40.7%
Payers

13.8M

Previous: 14.6M-5.3%
RPP

$20.72

Previous: $19.29+7.4%
Adjusted EBITDA

$370M

Previous: $324M+14.2%
Adjusted EBITDA Margin

42.0%

Previous: 38.0%+10.5%
Net Income Margin

24.0%

Previous: 18.0%+33.3%
Net Income

$210M

Previous: $158M+32.7%
Operating Income

$285M

Previous: $223M+27.7%

Revenue & EPS history

Match Group · Revenue · Quarterly

$878M

Q4 2025+2.1%vs Q4 2024
Beat estimate in 9 of 15 quarters(60%)
ActualEstimate

Revenue by segment

Match Group · $635M total across 1 segment · Q4 2020

  • Direct Revenue
    $635M

Forward guidance

Q1 2026 revenue guide $850–860M; dividend $0.20 (+5%); focus on engagement quality at Tinder and Hinge scale.

Tailwinds

  • Hinge international growth.
  • RPP expansion.
  • Buybacks and dividend growth.

Headwinds

  • Payer count declines.
  • Regulatory scrutiny.
  • Competitive dating apps.

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 Q4 2025

Historical avgQ4 2025

+0.4%

Avg return

Earnings day

+0.3%

Avg return

5 days after

+0.7%

Avg return

30 days after

54%

37 / 68 earnings

Positive

+28.5%

Q2 2019

Best reaction

-16.5%

Q3 2018

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-0.1%-3.2%-10.0%
Q4 2025+5.9%+12.8%+5.4%
Q3 2025+5.2%+5.6%+9.4%
Q1 2025-9.7%-5.2%+4.8%
Q4 2024-7.9%-7.8%-10.6%
Q3 2024-15.8%-13.5%-10.9%
Q2 2024+14.9%+10.5%+12.0%
Q1 2024-7.5%-4.8%+1.4%
Q4 2023+0.0%-2.5%-6.1%
Q3 2023-14.0%-13.5%-4.9%
Q2 2023-1.6%-5.8%+0.8%
Q1 2023-6.7%-7.6%+5.7%
Q4 2022-1.9%-7.5%-20.4%
Q3 2022+5.9%-0.4%+15.6%
Q2 2022-14.0%-7.8%-24.6%
Q1 2022+4.0%-8.2%+4.3%
Q4 2021+4.7%+2.9%-8.6%
Q3 2021-0.7%+4.3%-16.7%
Q2 2021-6.7%-9.6%-8.8%
Q1 2021-3.2%-1.5%-7.8%
Q4 2020-5.4%+9.5%-1.6%
Q3 2020+11.0%+12.8%+19.5%
Q2 2020+9.3%+5.0%+0.1%
Q1 2020+3.2%-0.2%+12.5%
Q4 2019-4.1%-8.6%-20.9%
Q3 2019-5.9%-3.0%-4.3%
Q2 2019+28.5%+19.9%+14.5%
Q1 2019+8.5%+7.5%+13.1%
Q4 2018+0.1%+3.7%-4.8%
Q3 2018-16.5%-16.6%-19.6%
Q2 2018+18.7%+32.3%+31.3%
Q1 2018+4.1%+14.4%+15.5%
Q4 2017+6.5%+5.6%+31.1%
Q3 2017+6.6%+2.6%+7.6%
Q2 2017+4.2%+3.1%+19.2%
Q1 2017-3.6%+0.7%+1.1%
Q4 2016-5.4%+0.2%-8.0%
Q3 2016-13.1%-14.2%-6.1%
Q2 2016-2.2%-1.7%-2.2%
Q1 2016+13.5%
Q4 2015-1.9%
Q2 2015+7.4%
Q3 2015-0.6%
Q1 2015+2.7%
Q4 2014+1.9%
Q2 2014+1.9%
Q3 2014+0.1%
Q1 2014+0.5%
Q4 2013+2.5%
Q3 2013+3.4%
Q2 2013+1.1%
Q1 2013-0.9%
Q4 2012+0.5%
Q3 2012-0.3%
Q2 2012+1.2%
Q1 2012-0.4%
Q4 2011+3.2%
Q3 2011-3.6%
Q2 2011-6.1%
Q1 2010-0.1%
Q1 2011-0.1%
Q4 2008+0.3%
Q4 2010+0.3%
Q3 2010+0.1%
Q3 2009+0.1%
Q4 2009+0.8%
Q2 2010+0.8%
Q2 2009+0.8%

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