Match Group Q2 revenue slightly misses, partly hurt by decline in payers
Match Group Q2 revenue slightly misses, partly hurt by decline in payers
Overview
U.S. online dating firm's Q2 revenue declined 1% and slightly missed analyst expectations
Adjusted EBITDA rose 14% yr/yr, exceeding company guidance
Company repurchased $245 mln of its shares in first half of 2026
Outlook
Match sees Q3 2026 revenue of $885 mln to $895 mln, down 2% to 3% Y/Y
Company expects Q3 2026 Adjusted EBITDA of $330 mln to $335 mln, up 10% Y/Y at midpoint
Match expects Hinge to reach $1 bln in revenue in 2027
Result Drivers
TINDER ENGAGEMENT - Co said product improvements and updates to recommendation algorithms at Tinder led to stronger user engagement and retention, narrowing DAU and MAU declines
HINGE INTERNATIONAL GROWTH - Hinge grew revenue 22% yr/yr and global MAU 13% yr/yr, driven by international expansion and product innovation
DECLINE IN PAYERS - Co reported a 6% yr/yr decline in payers, contributing to overall revenue decrease
Company press release: ID:nPn91qLnza
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q2 Revenue | Slight Miss* | $853 mln | $856.83 mln (16 Analysts) |
*Applies to a deviation of less than 1%; not applicable for per-share numbers.
Analyst Coverage
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 7 "strong buy" or "buy", 13 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the online services peer group is "buy."
Wall Street's median 12-month price target for Match Group Inc is $40.00, about 1.3% below its August 3 closing price of $40.54
The stock recently traded at 14 times the next 12-month earnings vs. a P/E of 13 three months ago
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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.)