Skip to main content

Go Premium in Our Biggest Sale Ever

UPGRADE NOW
TipRanks
Go Ultimate75% OFF

Match Group (MTCH1) Q3 2026 Earnings Report

0 Followers

MX:MTCH1 Q3 2026 EPS Results

Actual EPS
MXN 13.58
Consensus EPS
MXN 13.28
Beat/Miss
Beat by +MXN 0.30
One Year Ago EPS
MXN 11.53

MX:MTCH1 Q3 2026 Revenue Results

Actual Revenue
MXN 16.58B
Expected Revenue
MXN 16.60B
Beat/Miss
Missed by -MXN 22.58M
YoY Revenue Growth
-2.52%

Earnings Announcement Details

Quarter
Q3 2026
Date
11/02/2026
Time
After Close
Conference Call
Monday, November 2, 2026
MX:MTCH1 Upcoming Earnings

Match Group's next earnings date is estimated for February 2, 2027, based on past reporting schedules.

Q3 2026 Earnings Call Audio

MX:MTCH1 Q3 2026 Earnings Call
0:00 / 0:00

Q3 2026 Earnings Slide Deck

Q3 2026 Earnings Call Summary

Q3 2026
Earnings Call Date:Nov 02, 2026|% Change Since:7.11%|
Earnings Call Sentiment|Positive

The call was predominantly positive. Management reported broad-based improvement in Tinder engagement, DAU, MAU, payer trends, and marketing effectiveness; strong Hinge growth and expansion opportunities; financial performance above prior targets; and substantial capital returns. The main challenges were Tinder metrics that remain below year-ago levels, continued E&E declines, Hinge RPP pressure, and a stated one-point Adjusted EBITDA margin headwind from higher app-store fees in 2027. Highlights significantly outweighed the lowlights.

Company Guidance

Match Group expects to finish 2026 slightly above the midpoint of its full-year revenue guidance range, meaningfully exceed the full-year Adjusted EBITDA margin target, and exceed the high end of its free cash flow guidance; Tinder’s full year 2026 direct revenue is expected to decline at low single-digit rates year-over-year, with MAU, payers, and direct revenue all expected to improve in Q4, while 2027 Tinder direct revenue is expected to show year-over-year growth, payer growth is expected by Q4, and MAU is expected to be flat year-over-year by the end of Q4. Hinge expects Q4 U.S. new registrations to be up year-over-year, to be within the 2026 full year guidance range, to deliver about 19%-19.5% revenue growth in Q4, and remains committed to $1 billion in full year revenue in 2027. E&E year-over-year revenue declines are expected to only modestly improve in 2027 compared to 2026, while IAP fees are expected to be a one-point headwind to Adjusted EBITDA margin in 2027, including an additional $20 million cost from increased Apple in-app purchase fees.

  • Tinder DAU Returned to Year-over-Year GrowthGlobal Tinder daily active users returned to year-over-year growth in September for the first time in three and a half years. U.S. DAU also turned positive year-over-year exiting October, and markets representing nearly 70% of Tinder's DAU and 50% of its revenue had growing or flat DAU year-over-year in October.
  • Broad-Based Tinder MAU ImprovementTinder's year-over-year monthly active user decline was cut nearly in half over the last year, improving from approximately -10% to -5.5% over the last few quarters. MAU improvements were broad-based across genders, age groups, geographies, and the top five revenue markets. Female MAU declines narrowed by eight points year-over-year and two points quarter-over-quarter, while under-30 MAU trends improved more than over-30 trends.
  • Improvement in Tinder Engagement MetricsTinder delivered its strongest quarterly year-over-year performance in Sparks, defined as six-way conversations, and Sparks coverage, the percentage of users getting a Spark, since the company began tracking those metrics.
  • Tinder Payer and Revenue Trends ImprovedTinder payers improved from down 5% in Q2 to down 4% in Q3, while MAU improved from down 7% to down 6%. FX-neutral direct revenue was down 2% in Q3, improving from down 5% in Q4 of the prior year. Management expects MAU, payers, and FX-neutral direct revenue trends to improve further in Q4.
  • Tinder Turnaround Progress and 2027 TargetsManagement expects Tinder's full-year 2026 direct revenue to decline at low single-digit rates year-over-year, better than the expectation set in February. For 2027, management is confident Tinder can deliver full-year direct revenue growth, year-over-year payer growth by Q4, and flat MAU year-over-year by the end of Q4.
  • Lower Tinder User Givebacks Than PlannedTinder user givebacks are now expected to be $25 million in 2026 versus the $60 million initially expected. Management said the approximately $35 million difference contributed about two points of Tinder revenue improvement versus the February expectations, with another point of improvement attributed to stronger underlying trends.
  • Product Improvements Supported User RetentionManagement said recommendation algorithm changes that prioritized user outcomes over revenue resulted in retention benefits that outweighed the revenue detriment in 2026. Queue Unification and recommendation improvements were described as critical to Tinder's improving business results.
  • Better with Friends Product Roadmap Gaining TractionTinder's Better with Friends roadmap includes Double Date, Events, and Groups, designed to provide more social and lower-pressure ways to meet. Double Date has delivered 30 million matches, and Events has improved brand-health measures related to whether Tinder has people users want to meet, whether it has users' kind of people, and whether it is for more than hookups.
  • Positive Early Results for Tinder GroupsWomen were twice as likely to like a group profile as a single male profile in testing. In Norway, 15% of users aged 18 to 22 were already in a group after the feature launched there.
  • Tinder Marketing Effectiveness ImprovedIn 2026, Tinder shifted marketing spend toward down-funnel user acquisition and toward specific product features rather than high-level brand positioning. Management said both changes drove improved results, and marketing creative focused on Events produced materially better cost per registration or reactivation than generic dating-app messaging.
  • Hinge Delivered Strong GrowthHinge continued to deliver strong user growth and double-digit year-over-year revenue growth. Q3 revenue growth was approximately 19%, with Q4 expected to be about the same or slightly better, at approximately 19% to 19.5%.
  • Hinge $1 Billion Revenue Target MaintainedManagement maintained its expectation for Hinge to reach $1 billion in full-year revenue in 2027, contingent on sustaining approximately the current growth rate through core-market improvement and geographic expansion.
  • Hinge Expansion OpportunitiesManagement identified room for Hinge to expand beyond coastal and urban U.S. markets and into older daters. The company estimates at least another one million monthly active users of opportunity in the U.S. across smaller cities and the 30-to-40 age group, with a similar playbook applicable to the U.K., Australia, and Canada.
  • Hinge International Growth and Product LocalizationGlobal Hinge MAU growth was approximately 12%. LATAM was growing faster but remained small, India had been relaunched, and the company was laying the foundation for a Japan launch in 2027. Management said localized features, marketing, trust and safety measures, and original research were supporting expansion in markets including India, Brazil, and Mexico.
  • Hinge Japan Opportunity IdentifiedManagement believes Hinge can occupy white space in Japan between matrimony-focused apps such as Pairs and more casual apps such as Tinder. Hinge is expected to customize its product and marketing for Japan, with the market viewed as a potential growth driver for 2028 and beyond.
  • Hinge Lower-Priced Subscription TestingHinge is testing a lower-priced subscription tier aimed particularly at women and price-sensitive users. The offering includes additional filters and custom location boundaries, and early testing improved conversion for both men and women, with a larger improvement among women.
  • Capital Return and Share RepurchasesYear-to-date, Match Group generated $832 million in free cash flow and deployed $591 million toward buybacks, dividends, and net settling of employee equity awards. The company reduced diluted shares outstanding by 4% year-over-year through October and by 10% since January 2025. Over the CEO's first 21 months, the company bought back $1.2 billion of stock and paid $369 million in dividends.
  • Full-Year Financial Expectations Above Prior TargetsManagement expects to finish 2026 slightly above the midpoint of its full-year revenue guidance range, meaningfully exceed the full-year Adjusted EBITDA margin target set in February, and exceed the high end of its free cash flow guidance.
  • Disciplined Cost and Marketing ManagementManagement expects to remain disciplined on headcount and OpEx, including AI costs, and is using the PRISM framework to evaluate marketing effectiveness and allocation across brands. Approximately $8 million of marketing spend was shifted from Q3 to Q4 because of campaign timing and the decision not to spend when expected returns were not attractive.
  • AI Productivity and Shared Technology PlatformsMatch Group expanded employee access to AI tools and said it was achieving efficiency gains by controlling headcount growth and using AI to do more with less. Shared technology initiatives include centralized trust and safety tooling, Tinder Events being used by BLK, an AI prototyping tool, and a customer relationship management platform that may be extended to other brands.
  • Focused E&E Brand StrategyE&E is prioritizing a smaller set of brands based on market white space, brand size, and perceived right to win. Upward, BLK, HER, and Match were identified as focus brands, while shared technology teams continue improving other brands such as OkCupid, Plenty Of Fish, and Salams.
  • Employee Engagement and Operational ProgressManagement said employee engagement had significantly improved and described the company as having driven massive productivity improvements from AI while completing several strategic initiatives, including the acquisitions of HER and approximately half of Sniffies.

MX:MTCH1 Earnings History

MX:MTCH1 earnings history
Report DateFiscal QuarterForecast / EPSLast Year's EPSEPS YoY ChangePress Release
Feb 02, 20272026 (Q4)13.28-15.44――
Nov 02, 20262026 (Q3)13.2813.5811.5317.74% (+2.05)
Aug 04, 20262026 (Q2)12.1513.029.1142.86% (+3.91)
May 05, 20262026 (Q1)11.3812.658.1854.55% (+4.46)
Feb 03, 20262025 (Q4)13.1715.4410.9740.68% (+4.46)
Nov 04, 20252025 (Q3)11.7611.539.4921.57% (+2.05)
Aug 05, 20252025 (Q2)9.119.118.932.08% (+0.19)
May 08, 20252025 (Q1)7.098.188.180.00% (+0.00)
Feb 04, 20252024 (Q4)10.2110.9715.07-27.16% (-4.09)
Nov 06, 20242024 (Q3)8.859.4910.6-10.53% (-1.12)

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