Grindr Q2 revenue misses analyst estimates
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:
