NYSE$GRND
Grindr Inc. · Q2 2025 earnings
Q2 2025 earnings · · After market close · Investor relations
Briefing
Grindr Inc. reported strong revenue growth and returned to profitability in Q2 2025.
Grindr Inc. achieved revenue of $104.2 million in the second quarter of 2025, representing 26.6% year-over-year growth driven by increases in both direct subscription revenue and indirect advertising revenue. The company delivered net income of $16.6 million compared to a net loss in the prior year period, supported by operating income of $24.3 million and Adjusted EBITDA of $45.2 million. Average MAUs reached 14.9 million and Average Paying Users grew to 1.2 million, reflecting continued user engagement and monetization progress.
- Revenue grew 26.6% year-over-year to $104.2 million, with direct revenue up 24.3% and indirect revenue up 39.5%.
- Net income reached $16.6 million versus a $22.4 million loss in Q2 2024, driven by higher revenue and absence of warrant fair value losses.
- Average Paying Users increased 16.0% to 1.2 million and ARPPU rose 7.1% to $23.65, boosting monetization.
- Cash and cash equivalents rose to $120.8 million following warrant exercises that generated $314.1 million in proceeds.
Headline financials
Revenue & EPS history
Grindr · Revenue · Quarterly
$104M
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports
+2.4%
Avg return
Earnings day
+1.9%
Avg return
5 days after
+1.6%
Avg return
30 days after
65%
13 / 20 earnings
Positive
+19.1%
Q3 2023
Best reaction
-16.0%
Q4 2024
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q2 2025 | — | — | — | |
| Q1 2026 | +9.4% | +6.0% | -21.0% | |
| Q4 2025 | -2.7% | -4.0% | +6.2% | |
| Q3 2025 | +10.7% | +8.8% | -0.7% | |
| Q1 2025 | -1.9% | -1.4% | -4.5% | |
| Q4 2024 | -16.0% | -12.7% | -8.1% | |
| Q3 2024 | +3.9% | +1.3% | +10.4% | |
| Q2 2024 | +7.2% | +8.3% | +7.2% | |
| Q1 2024 | -3.7% | -2.5% | -10.0% | |
| Q4 2023 | +13.3% | +15.6% | +30.0% | |
| Q3 2023 | +19.1% | +15.5% | +46.0% | |
| Q2 2023 | +7.8% | +10.6% | +23.3% | |
| Q1 2023 | -5.5% | -6.3% | -5.2% | |
| Q2 2022 | +3.5% | +3.5% | +4.7% | |
| Q4 2022 | +2.4% | -4.8% | -5.6% | |
| Q3 2022 | +0.2% | +0.5% | -40.7% | |
| Q1 2022 | +0.0% | +0.1% | +0.2% | |
| Q4 2021 | +0.1% | +0.4% | +0.1% | |
| Q3 2021 | +0.1% | -0.1% | +0.1% | |
| Q2 2021 | -0.9% | -0.6% | -0.9% | |
| Q1 2021 | +0.4% | +0.8% | +0.9% |
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