Brief: Grindr Q2 Net Income USD 16.638 Million

Grindr

07/08/2025 21:22

Overview

Grindr Q2 2025 revenue grows 27% to $104 mln, missing analyst expectations

Adjusted EBITDA of $45 mln for Q2 misses estimates

Net income for Q2 at $17 mln, with a 16% net income margin

Outlook

Grindr on track to achieve 2025 outlook

Company focuses on AI innovation for competitive advantage

Grindr aims to build leading AI-native consumer platform

Result Drivers

AI INNOVATION - Grindr attributes its performance to ongoing product innovation and AI development, per CEO George Arison

COMPETITIVE POSITIONING - Co highlights its unique assets and capabilities as factors in maintaining a competitive advantage

PERFORMANCE OBJECTIVES - Grindr claims to be on track with its 2025 performance objectives, focusing on long-term shareholder value

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Miss
$104.22 mln
$104.70 mln (4 Analysts)
Q2 Net Income
$16.64 mln
Q2 Adjusted EBITDA
Miss
$45.21 mln
$46 mln (3 Analysts)
Q2 Adjusted EBITDA Margin
43.4%


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

The average consensus recommendation for the software peer group is "buy"

Wall Street's median 12-month price target for Grindr Inc is $26.00, about 28.3% above its August 6 closing price of $18.64

The stock recently traded at 36 times the next 12-month earnings vs. a P/E of 50 three months ago

Press Release: ID:nBw8NL0Gma

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)