TipRanks
Grindr (GRND)
NYSE:GRND
US Market
Want to see GRND full AI Analyst Report?
EarningsQ2 2026 Earnings Report

Grindr (GRND) Q2 2026 Earnings Report

365 Followers

GRND Q2 2026 EPS Results

Actual EPS$0.10
Consensus EPS$0.15
Beat/MissMissed by -$0.05
One Year Ago EPS$0.08

GRND Q2 2026 Revenue Results

Actual Revenue$138.14M
Expected Revenue$132.50M
Beat/MissBeat by +$5.64M
YoY Revenue Growth+32.54%

Earnings Announcement Details

QuarterQ2 2026
Date08/06/2026
TimeAfter Close
Conference CallThursday, August 6, 2026
GRND Upcoming Earnings
Grindr's next earnings date is estimated for November 5, 2026, based on past reporting schedules.

Q2 2026 Earnings Call Audio

GRND Q2 2026 Earnings Call
0:00 / 0:00

Q2 2026 Earnings Slide Deck

No slide deck is available for this earnings event.

Q2 2026 Earnings Call Summary

Q2 2026
Earnings Call Date:Aug 06, 2026|
% Change Since:
|
Earnings Call Sentiment|Positive
The call conveyed strong positive momentum: double-digit top-line growth (+33% revenue), expanding adjusted EBITDA (+27%) and a 42% margin, AI-driven productivity gains (~2.5x engineering output) that materially lower future hiring needs, and a raised full-year outlook. Management acknowledged deliberate higher near-term investment (Madonna activation, product development) and cautioned that growth will moderate in the back half of the year due to timing and comps, along with ongoing work to convert more advertisers to direct deals and to manage platform safety. Overall, the positives (revenue, margins, AI leverage, brand moments, buybacks) materially outweigh the manageable near-term headwinds and execution risks.
Company Guidance
Grindr raised full‑year 2026 guidance to approximately $540 million in revenue and $232 million in adjusted EBITDA (up from prior $535M/$227M), implying roughly a 43% FY adjusted‑EBITDA margin; Q2 results drove the upgrade with revenue of $138M (+33% YoY), adjusted EBITDA of $58M (+27% YoY) at a 42% margin, app revenue of $113M (+30% YoY) and advertising revenue of $25M (+44% YoY), while operating expenses (ex‑cost of revenue) were $71M versus $53M a year ago (including one‑time Madonna marketing tied to a Times Square activation of ~50,000 attendees). Management expects advertising to run in the mid‑ to high‑teens % of revenue for 2026 (normalizing near ~15% in 2027), anticipates H2 growth moderation as subscription pricing anniversaries and tougher comps lap, executed a $60M accelerated share repurchase in Q2 (with settlement activity into Q3) and retains about $300M available under a $900M buyback authorization, and cited AI‑driven gains (engineering output ~2.5x from July 2025–April 2026, avoiding roughly 200 engineers and ~$60M of annual cost) as a source of incremental operating leverage.
Strong Top-Line Growth
Total revenue of $138 million in Q2 2026, up 33% year-over-year, driven by product and ad momentum.
Robust Profitability and Margin Expansion
Adjusted EBITDA of $58 million, up 27% year-over-year, representing a 42% adjusted EBITDA margin in the quarter.
Healthy App and Advertising Performance
App-based revenue grew 30% YoY to $113 million; advertising revenue grew 44% YoY to $25 million. Company expects ads to run in the mid-to-high teens % of total revenue for FY2026.
Raised Full-Year Guidance
Management raised FY2026 guidance to approximately $540 million in revenue (from $535M) and approximately $232 million in adjusted EBITDA (from $227M), increases of roughly +1% and +2% respectively.
Material AI-Driven Productivity Gains
Engineering output estimated to have increased ~2.5x from July 2025 to April 2026 due to AI tooling, avoiding an estimated ~200-engineer hire and roughly $60 million in annual cost in a pre-AI scenario.
High-Impact Brand Activation (Madonna)
Madonna Times Square activation drew an estimated ~50,000 people on short notice; management cites strong brand/engagement benefits despite elevated one-time marketing spend.
Capital Return Activity
Executed an accelerated share repurchase with an upfront payment of $60 million; roughly $300 million remains available under a $900 million authorization.

GRND Earnings History

Report Date
Fiscal Quarter
Forecast / EPS
Last Year's EPS
EPS YoY Change
Press Release
Nov 05, 2026
2026 (Q3)
0.17 / -
0.16―
2026 (Q2)
0.15 / 0.10
0.0825.00% (+0.02)
2026 (Q1)
0.12 / 0.14
0.1131.82% (+0.03)
2025 (Q4)
0.12 / 0.11
-0.7115.71% (+0.81)
2025 (Q3)
0.12 / 0.16
0.1414.29% (+0.02)
2025 (Q2)
0.10 / 0.08
-0.13161.54% (+0.21)
2025 (Q1)
0.08 / 0.11
-0.05320.00% (+0.16)
2024 (Q4)
0.09 / -0.70
-0.26-169.23% (-0.44)
2024 (Q3)
0.07 / 0.14
-0.0027100.00% (+0.14)
2024 (Q2)
0.05 / -0.13
0.128-201.56% (-0.26)
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed