What is the market's earnings forecast for Grindr next quarter?

What is the revenue and EPS growth rate for Grindr year over year?

What were the key takeaways from Grindr's earnings call?

What guidance did Grindr's management provide for the next earnings period?

What is Grindr's gross profit margin?

What is Grindr's latest dividend and current dividend yield?

Did Grindr beat or miss consensus estimates last quarter?

What factors drove the changes in Grindr's revenue and profit?

- **Revenue Surge**: 2025 revenue up 28% to $440M, driven by subscriptions and ads. 2026 guidance targets >$528M (20% YoY growth).
- **AI-Driven Efficiency**: 60-70% of new code generated by AI, boosting engineer productivity 1.5x. Edge premium tier tests show strong user engagement.
- **Share Buyback Expansion**: $400M buyback program extended to 2029, signaling confidence in long-term growth.
- **Edge Rollout**: Global Edge launch in H1 2026, with features like A-List and Discover, targeting power users.
- **Financial Discipline**: 2025 free cash flow $133M, supporting reinvestment in AI and health initiatives.

**【Management Opening Remarks】**
- Tolu Adeofe introduced the call, emphasizing forward-looking statements and non-GAAP financial measures. The company released its shareholder letter and highlighted its commitment to transparency and long-term value creation.

**【CEO Summary Section】**
- **Revenue Growth**: 2025 revenue reached $440 million (28% YoY), with adjusted EBITDA of $196 million. Key drivers included subscription monetization, ad formats like rewarded video, and TPA business strength.
- **AI Integration**: AI now generates 60-70% of new code, boosting engineer productivity by 1.5x. AI is embedded in operations, such as voice synthesis for CEO remarks.
- **Edge Launch**: A premium tier launched in Q4 2025, featuring A-List (chat summaries) and Discover (AI-driven matches). Tests in U.S. and global markets show positive feedback, though full rollout is planned for H1 2026.
- **2026 Priorities**: Focus on premiumization, core growth (onboarding, localization), operational rigor, and reinvestment in AI, health (Woodwork), and ads.

**【CFO Financial Commentary】**
- **Q4 2025 Results**: Revenue $126 million (29% YoY), direct revenue $103 million, indirect $23 million. Adjusted EBITDA $56 million (44% margin). Operating expenses declined to 50% of revenue (vs. 54% YoY).
- **2025 Full Year**: Net income $103 million, free cash flow $133 million. Cash of $87 million and debt $396 million at year-end.
- **2026 Guidance**: Revenue >$528 million (20% YoY growth), EBITDA >$217 million. Share buyback expanded to $400 million through 2029, with $50 million remaining from prior program.
- **User Metrics**: 2025 MAU $15 million, paying users 1.26 million, ARPU $24.25.

**【Q&A Highlights】**
- **Edge Pricing Tests**: Positive user acceptance of price increases for unlimited and extra tiers. Edge testing in U.S. and global markets shows high value perception, though not included in 2026 guidance.
- **Governance Update**: Board remains independent; Michael Guerin leads as Lead Director. Ray Dalio remains a committed shareholder, with no immediate plans for stake reduction.
- **Marketing Strategy**: Shift to premiumization over paywalls. Unwinding ad triggers and paywalls in 2026 to enhance free user experience, while focusing on AI-driven premium features.
- **MAU Growth**: Adjusted MAU growth 6.1% in 2025 (excluding unwanted account removals). Future focus on international expansion and reengaging older cohorts.
- **Woodwork Expansion**: Early-stage health platform with potential for long-term monetization. 2025 costs modest, with scaling dependent on user adoption.


Grindr Inc.(GRND)-20260227-2025 Q4 Earnings call transcript

- **Revenue surge**: 30% YoY to $116M, EBITDA up 37% to $55M.
- **AI-driven growth**: Testing premium tiers for 20-30% of Unlimited users, Gen AI features for engagement.
- **Demographic focus**: 50% of users aged 18-29, organic growth through word-of-mouth.
- **Financial strength**: $51M free cash flow, $450M share buyback, 43%+ EBITDA margin guidance.
- **Ad performance**: 56% YoY growth, cautious on repeatable campaigns.


**【Management Opening Remarks】**
- Tolu Adeofe welcomed participants, highlighted the earnings release, and emphasized forward-looking statements.
- CEO George Arison reported Q3 revenue growth of 30% YoY to $116M, with adjusted EBITDA of $55M (37% YoY growth) and a 47% margin.
- CFO John North detailed financials: GAAP net income of $31M, free cash flow of $51M, and a $450M share buyback program.

**【CEO Commentary】**
- Emphasized product expansion (e.g., Gen AI features, premium tiers) and user engagement through features like Right Now.
- Discussed pricing strategy, balancing accessibility with value-added services, and testing premium tiers for power users.
- Highlighted demographic trends (18-29-year-olds占50% of user base) and focus on organic growth through word-of-mouth.

**【CFO Financial Commentary】**
- Q3 GAAP net income: $31M; Non-GAAP metrics included 25% direct revenue growth and 56% indirect revenue growth.
- Guidance for 2025: Adjusted EBITDA of $191-193M (43%+ margin) and 26%+ revenue growth.
- Noted strong ad revenue performance and cautious outlook on repeatable ad campaigns.

**【Q&A Highlights】**
- Pricing strategy: Minor price increases with minimal impact on conversion rates; premium tier testing for 20-30% of Unlimited users.
- International growth: Focus on localization, marketing in Spanish/Portuguese, and AI-driven features for discreet markets (e.g., India).
- AI initiatives: Gen AI-powered insights, chat summaries, and premium tier features like AI-generated profiles.
- Advertising: 56% YoY growth driven by international partners, but caution on one-time campaigns.


Grindr Inc. (GRND) Q3 2025 Earnings Call Transcript

- **Revenue Surge**: 27% YoY growth to $104M, driven by subscriptions and ad expansion.
- **AI Innovation**: gAI framework for gay-specific models, with A-List as flagship feature.
- **User Engagement**: MAU +6% YoY, ARPPU +7% YoY, reflecting strong monetization.
- **Ad Success**: Indirect revenue +39% YoY, led by third-party ads and rewarded video.
- **Price Testing**: Exploring subscription price hikes post-2018 freeze, with no 2025 impact.

**【CEO Summary Section】**
- **Revenue Growth**: Q2 revenue grew 27% YoY to $104 million, driven by subscription enhancements and paywall optimizations. Adjusted EBITDA margin remained stable at 43%.
- **Product Innovations**: Launched beta mobile mapping features in Right Now and Explore, with Explore Heatmaps in 21 markets. AI strategy (gAI) focuses on custom models for gay-specific contexts, with A-List as a flagship feature.
- **User Metrics**: MAU reached 14.9 million (+6% YoY), paying users 1.2 million (+16% YoY), and ARPPU $23.65 (+7% YoY).
- **CFO Transition**: CFO Vanna Mehta-Krantz is transitioning, with a successor search underway. Vanna will remain in her role during the transition.

**【CFO Financial Commentary】**
- **Revenue Breakdown**: Direct revenue $87 million (+24% YoY), indirect revenue $17 million (+39% YoY) from new ad partners and international expansion.
- **Profitability**: GAAP net income $17 million (16% of revenue), up from a $22 million loss YoY. Free cash flow $37 million, ending Q2 with $121 million in cash.
- **Share Repurchases**: $325 million repurchased YTD, with $175 million remaining under the program.
- **Guidance**: Full-year 2025 outlook reaffirmed: 26%+ revenue growth and 43%+ EBITDA margin.

**【Q&A Key Highlights】**
- **MAU Growth Drivers**: Younger cohorts (18-29) performing strongly, organic growth, and product differentiation (e.g., Right Now for older users). Third-party data accuracy questioned, with Grindr using unique device counts.
- **TAM Expansion**: Focus on underpenetrated markets (e.g., India, Philippines) and new verticals (healthcare, travel). Intention-based products (e.g., relationships) target older users.
- **Indirect Revenue Acceleration**: Third-party ad growth driven by new partners, rewarded video formats, and international expansion. Direct ad growth lagging due to brand caution post-2023 hash scandal.
- **Operating Expenses**: 43% YoY increase due to product investments (e.g., gAI, mapping), stock-based compensation, and accrued expenses. Margins expected to stabilize at 43%.
- **Pricing Strategy**: Testing subscription price increases post-2018 freeze, with inflation-adjusted potential. Early experiments inconclusive; no 2025 impact expected.


Grindr Inc (GRND) Q2 2025 Earnings Call Transcript

- **Revenue Guidance Upped**: 26%+ growth and 43%+ EBITDA margin driven by Right Now monetization and AI product adoption.
- **AI Innovation Lead**: A-List beta shows promise, with 1/4 of Unlimited users testing. Discover feature breaks geographic barriers in user discovery.
- **Healthcare Expansion**: Woodwork men's health service targets 30% of users who bought ED meds last year, with low execution risk.
- **Financial Strength**: $94M Q1 revenue, 43% EBITDA margin, $256M cash, and $141M stock buyback executed.
- **Market Resilience**: Gay men's higher disposable income and unique social needs make Grindr less vulnerable to macroeconomic headwinds.

**【CEO Key Highlights】**
- **Q1 Strong Performance**: Raised full-year guidance to 26%+ revenue growth and ≥43% adjusted EBITDA margin, driven by Right Now monetization and AI product launches.
- **Right Now Expansion**: Rolled out to 17 major cities, with 20-25% weekly engagement. Plans to expand to nearly 50% of weekly active users over next weeks.
- **AI Native Products**: A-List (AI-powered connection recommendations) in beta testing with 1/4 of Unlimited users, demonstrating early success. Discover feature to break geographic barriers in user discovery.
- **Woodwork Launch**: Men's health subscription service (ED meds, mental health) in soft beta, targeting 30% of users who purchased ED meds last year. Low-risk, high-potential 0-to-1 initiative.

**【CFO Financial Breakdown】**
- **Q1 Results**: $94M revenue (+25% YoY), $41M adj. EBITDA (43% margin). Direct revenue up 24% to $80M, indirect up 26% to $14M.
- **User Metrics**: 14.6M MAUs (+7% YoY), 1.2M paying users (+16% YoY), $22.86 ARPPU (+8% YoY).
- **Cost Management**: OpEx $44M (+21% YoY), driven by comp expenses. Positive GAAP EPS expected Q2+ due to warrant redemption.
- **Cash Flow**: $23M free cash flow, $256M cash on hand. $141M stock repurchased, $359M remaining in buyback program.

**【Q&A Key Takeaways】**
- **Competitive Defensibility**: Gay men's unique needs (e.g., immediate connections, long-term relationships) require culturally attuned products. Right Now and A-List address these intent-based use cases.
- **Macroeconomic Resilience**: Gay men have higher disposable income and lower sensitivity to economic downturns. Grindr's escapist value proposition may see increased usage in tough times.
- **International Growth**: 60% brand awareness in key intl markets, with localization and product-led growth as key levers. U.S. has 95% brand awareness but <100% penetration.
- **AI & Payments**: Direct payment integration (Apple Store bypass) in R&D, could be additive to guidance. AI products (e.g., A-List) creating new monetization opportunities.

Grindr (GRND)-8 May 25-2025 Q1 Earnings call transcript

- **Revenue Growth Superiority**: 33% YoY revenue growth ($345M) vs. initial guidance, driven by AI-driven product innovation.
- **Ad Business Acceleration**: 56% YoY ad revenue growth in 2024; targeting 15% of total revenue from ads in 2025.
- **Shareholder Confidence Signal**: $500M buyback program underscores management's belief in 24%+ revenue growth and 41%+ EBITDA margin.
- **User Engagement Surge**: 14.2M monthly active users (7% YoY), 1.1M paying users (15% YoY), $22.53 ARPU (12% YoY).

**【CEO Summary Section】**
- **2024 Financial Highlights**: Full-year revenue grew 33% YoY to $345 million, exceeding initial guidance. Adjusted EBITDA margin reached 43%, up 3 percentage points from guidance.
- **User Engagement**: 130 billion chats sent, 2 billion albums shared, and 70-minute daily average app usage in 2024.
- **2025 Strategic Initiatives**: 
  1. **Product Expansion**: Launching AI-driven features like A-List, For You, and Discover; testing health/wellness product in Q2.
  2. **Brand Strengthening**: Global marketing campaigns highlighting Grindr's role as the "Global Gayborhood".
  3. **Capital Allocation**: $500M share buyback program announced, signaling confidence in long-term growth.
- **Warrant Redemption**: 36.8M warrants exercised, generating $314M in cash proceeds and simplifying capital structure.

**【CFO Financial Commentary】**
- **Q4 2024 Results**: 
  - Revenue: $98M (35% YoY growth), with 85% YoY increase in indirect (advertising) revenue.
  - Adjusted EBITDA: $39M (40% margin).
- **2025 Guidance**: 
  - Revenue growth >24%, adjusted EBITDA margin ≥41%.
  - Advertising revenue target: 15% of total (up from 12% in 2024).
- **Balance Sheet**: $59.2M cash as of Q4, gross leverage ratio 2x (down $51M YoY).

Actual					-0.26	-0.05	-0.13	0.14	-0.7	0.11	0.08	0.16	0.12
Forecast						0.0406	0.05	0.0725	0.09	0.0833	0.1025	0.1167	0.122
Surprise	0.00%	0.00%	0.00%	0.00%	0.00%	-223.15%	-360.00%	+93.10%	-877.78%	+32.05%	-21.95%	+37.10%	-1.64%

GRND

GRND fundamentals

GRND Q4 2025 Earnings

Earnings Call

You can ask Aime

GRND

GRND fundamentals

GRND Q4 2025 Earnings

Earnings Call

GRND Earnings Call Summary for Q4/20255:00 PM on Feb 26, 2026

GRND Earnings Call Summary for Q3/20255:00 PM on Nov 6, 2025

GRND Earnings Call Summary for Q2/20255:00 PM on Aug 7, 2025

GRND Earnings Call Summary for Q1/20255:00 PM on May 8, 2025

GRND Earnings Call Summary for Q4/20245:00 PM on Mar 5, 2025

You can ask Aime