Grindr Reports Q2 2026 Revenue Growth and Raises Guidance

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Merger:
Nov 18, 2022
Industry:
COMPUTER PROGRAMMING, DATA PROCESSING, ETC.
Market Cap.:
2.91 bn.

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Grindr Reports 33 Percent Revenue Growth and Raises Full-Year 2026 Guidance

Los Angeles, CA - Grindr Inc. (NYSE: GRND) reported strong financial results for the second quarter ended June 30, 2026. The company achieved 33 percent year-over-year revenue growth, leading leadership to increase its full-year 2026 financial expectations.

CEO George Arison attributed the successful quarter to strong user engagement and effective product improvements. The company is actively integrating artificial intelligence to enhance its platform and accelerate the development of next-generation features, such as the Edge product, while maintaining an efficient operating model.

Financial Highlights

  • Revenue for the second quarter reached $138 million.
  • Net income stood at $18 million, with a net income margin of 13 percent.
  • Adjusted EBITDA was reported at $58 million, reflecting an Adjusted EBITDA margin of 42 percent.
  • Full-year 2026 revenue guidance has been raised to approximately $540 million.
  • Full-year 2026 Adjusted EBITDA guidance has been raised to approximately $232 million.

About Grindr Inc.

With more than 14.5 million monthly active users, Grindr has grown to become the Global Gayborhood in Your PocketTM, on a mission to make a world where the lives of our global community are free, equal, and just. Available in 190 countries and territories, Grindr is often the primary way for our users to connect, express themselves, and discover the world around them. Since 2015, Grindr for Equality has advanced human rights, health, and safety for millions of LGBTQ+ people in partnership with organizations in every region of the world. Grindr has offices in West Hollywood, the Bay Area, Chicago, and New York. The Grindr app is available on the App Store and Google Play.

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