Filing Flows › Grindr (GRND) › Q1 2026
Grindr (GRND) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 8, 2026
Grindr (GRND) reported revenue of $130M for the first quarter 2026 (Q1 2026), +38% from a year earlier and +3% from the quarter before. Operating margin was 32.9%, net earnings $26.8M (20.6% of revenue).
Grindr, Q1 2026: revenue $130M (+38% year over year), operating margin 32.9%, net earnings $26.8M, operating cash flow $33.5M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $130M | +3% | +38% |
| Operating profit | $42.7M | +36% | +68% |
| Net earnings | $26.8M | +32% | -1% |
| Operating cash flow | $33.5M | +35% | +41% |
| Free cash flow | $33.4M | +36% | +41% |
What changed
Revenue was $129.9M in Q1 2026, up 38% year over year and up 3% from the previous quarter. App-based revenue was the largest line at 82% of revenue. App-based revenue added $26.6M year over year (up 33%), 74% of the total change.
Operating profit was $42.7M, a 32.9% margin (up 5.9 points year over year). Of the extra revenue versus Q1 2025, 48% reached operating profit, above the 27% margin then. Total costs grew 27% against revenue growth of 38%. The fastest-growing cost line was Research & development (+55%). Net earnings were $26.8M, down 1% year over year. The effective tax rate was 25.5%.
Operating cash flow was $33.5M (up 41% year over year), 125% of net earnings. Non-cash charges added back $1.0M of depreciation and amortization and $15.0M of share-based compensation. Working capital and other items used $9.3M. Capital expenditures of $32K left free cash flow of $33.4M.
Questions
What was Grindr's revenue in the first quarter 2026?
Grindr (GRND) reported revenue of $130M for the first quarter 2026 (Q1 2026), +38% from a year earlier and +3% from the quarter before.
Was Grindr profitable in the first quarter 2026?
Operating profit was $42.7M (32.9% of revenue) and net earnings $26.8M.
Source: Grindr 10-Q on SEC EDGAR.