Match Group Q4 2025 Earnings: Revenue Flat YoY, Adjusted EBITDA Margins Expected to Remain Stable

Match Group (MTCH) reported Q4 2025 earnings, with CEO Spencer Rascoff highlighting the company's financial performance, including over $1 billion in free cash flow and $800 million in share buybacks. Rascoff also discussed the Tinder turnaround, with 2026 product roadmaps expected to lead to a "meaningfully different" experience by year-end. The company expects Tinder revenue declines to be similar to 2025, while Hinge revenue growth is expected to continue. Match Group expects flat revenue and adjusted EBITDA margins in line with last year's, excluding discrete items.