Filing Flows › Match Group (MTCH) › Q1 2025
Match Group (MTCH) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 8, 2025
Match Group (MTCH) reported revenue of $831M for the first quarter 2025 (Q1 2025), -3% from a year earlier and -3% from the quarter before. Operating margin was 20.8%, net earnings $118M (14.1% of revenue).
Match Group, Q1 2025: revenue $831M (-3% year over year), operating margin 20.8%, net earnings $118M, operating cash flow $193M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $831M | -3% | -3% |
| Operating profit | $173M | -23% | -7% |
| Net earnings | $118M | -26% | -5% |
| Operating cash flow | $193M | -24% | -32% |
| Free cash flow | $178M | — | -33% |
What changed
Revenue was $831.2M in Q1 2025, down 3% year over year and down 3% from the previous quarter.
Operating profit was $172.6M, a 20.8% margin (down 0.7 points year over year). Total costs fell 2% while revenue fell 3%. Net earnings were $117.6M, down 5% year over year. The effective tax rate was 16.0%.
Operating cash flow was $193.1M (down 32% year over year), 164% of net earnings. Non-cash charges added back $32.2M of depreciation and amortization and $70.4M of share-based compensation. Working capital and other items used $27.1M. After capital expenditures ($15.4M), free cash flow as the company reports it was $177.7M.
Questions
What was Match Group's revenue in the first quarter 2025?
Match Group (MTCH) reported revenue of $831M for the first quarter 2025 (Q1 2025), -3% from a year earlier and -3% from the quarter before.
Was Match Group profitable in the first quarter 2025?
Operating profit was $173M (20.8% of revenue) and net earnings $118M.
Source: Match Group 10-Q on SEC EDGAR.