Filing Flows › Grindr (GRND) › Q4 2025
Grindr (GRND) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Mar 2, 2026
Grindr (GRND) reported revenue of $126M for the fourth quarter 2025 (Q4 2025), +29% from a year earlier and +9% from the quarter before. Operating margin was 24.9%, net earnings $20.3M (16.1% of revenue).
Grindr, Q4 2025: revenue $126M (+29% year over year), operating margin 24.9%, net earnings $20.3M, operating cash flow $24.8M. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $126M | +9% | +29% |
| Operating profit | $31.3M | -31% | +53% |
| Net earnings | $20.3M | -34% | — |
| Operating cash flow | $24.8M | -55% | -16% |
| Free cash flow | $24.5M | -56% | -16% |
What changed
Revenue was $126.0M in Q4 2025, up 29% year over year and up 9% from the previous quarter. Direct revenue was the largest line at 82% of revenue.
Operating profit was $31.3M, a 24.9% margin (up 4.0 points year over year). Of the extra revenue versus a year earlier, 38% reached operating profit, above the 21% margin then. Total costs grew 23% against revenue growth of 29%. The fastest-growing cost line was Research & development (+39%). Net earnings were $20.3M. The effective tax rate was 21.6%.
Operating cash flow was $24.8M (down 16% year over year), 122% of net earnings. Non-cash charges added back $1.1M of depreciation and amortization and $21.0M of share-based compensation. Working capital and other items used $17.6M. Capital expenditures of $222K left free cash flow of $24.5M.
Questions
What was Grindr's revenue in the fourth quarter 2025?
Grindr (GRND) reported revenue of $126M for the fourth quarter 2025 (Q4 2025), +29% from a year earlier and +9% from the quarter before.
Was Grindr profitable in the fourth quarter 2025?
Operating profit was $31.3M (24.9% of revenue) and net earnings $20.3M.
Source: Grindr 10-K on SEC EDGAR.