Grindr's 2025 Q1 Earnings Call: Diverging Narratives on AI Investment, User Engagement, and Product Strategy

None



Revenue and EBITDA Growth:
- Grindr reported total revenue of $94 million for Q1 2025, up 25% year-over-year, with an adjusted EBITDA margin reaching 43%.
- The growth was driven by the successful launch and monetization of the Right Now feature, early AI product initiatives, and international expansion.

User Growth and Engagement:
- Grindr's average monthly active users increased by 7% year-over-year to 14.6 million, with average paying users up 16% to 1.2 million.
- The user growth was attributed to the product-led strategy focusing on intent-based offerings, such as Right Now, and enhanced user experience through AI integration.

AI Product Innovation:
- Grindr announced a suite of AI native products, including A-list and Discover, aiming to create a more personalized user experience.
- The introduction of these products leverages Grindr's user base and data to provide smarter connections and insights, paving the way for enhanced monetization in the future.

Healthcare Expansion:
- Grindr launched Woodwork, a men's health subscription service, partnering with a telehealth provider to offer compounded ED medication.
- The initiative aims to tap into the significant market demand within Grindr's user base, providing a comprehensive men's health solution tailored to their needs.