Grindr beats Q3 revenue estimates, reaffirms 2025 revenue growth forecast

Grindr

06/11/2025 22:04

Overview

Grindr Q3 2025 revenue grows 30% yr/yr, beating analyst expectations

Adjusted EBITDA for Q3 beats analyst estimates, reflecting strong operational performance

Company raises full-year 2025 adjusted EBITDA guidance, indicating confidence in outlook

Outlook

Grindr raises full-year 2025 adjusted EBITDA guidance to $191 mln - $193 mln

Grindr reaffirms full-year 2025 revenue growth outlook of 26% or greater

Result Drivers

USER GROWTH - Co attributes Q3 results to growth in MAU, paying users, and ARPPU, supported by strong engagement metrics

APP INNOVATIONS - CEO credits significant app innovations over past three years for driving user engagement and financial performance

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
Beat
$115.77 mln
$113.30 mln (4 Analysts)
Q3 Net Income
$30.83 mln
Q3 Adjusted EBITDA
Beat
$54.83 mln
$49.20 mln (3 Analysts)
Q3 Adjusted EBITDA Margin
47.40%


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 $22.50, about 41.4% above its November 5 closing price of $13.19

The stock recently traded at 24 times the next 12-month earnings vs. a P/E of 33 three months ago

Press Release: ID:nBw4g6c4Ha

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(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.)