Match Q1 revenue beats expectations on the back of Hinge growth

Match

05/05/2026 21:21

Overview

Digital dating platform's Q1 revenue rose 4% yr/yr, beating analyst expectations

Adjusted EBITDA for Q1 rose 25% yr/yr as company improved operating discipline

Company repurchased $60 mln in shares during the quarter

Outlook

Match sees Q2 revenue of $850 mln to $860 mln, down 2% to flat Y/Y

Company expects Q2 Adjusted EBITDA of $325 mln to $330 mln, up 13% Y/Y at midpoints

Match forecasts Q2 Adjusted EBITDA margin of 38% at midpoints

Result Drivers

TINDER PRODUCT CHANGES - Co said product enhancements and new features at Tinder led to improved user engagement and a return to y/y growth in registrations in March

HINGE GROWTH - Hinge delivered 28% y/y direct revenue growth, driven by new features and international expansion

COST SAVINGS - Organizational simplification and centralization of marketing led to cost savings and improved efficiency

Company press release: ID:nPn9lzNtka

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
Beat
$864 mln
$854.93 mln (18 Analysts)

Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 8 "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 $35.00, about 8.3% below its May 4 closing price of $38.17

The stock recently traded at 14 times the next 12-month earnings vs. a P/E of 11 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(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.)