Filing Flows › Match Group (MTCH) › Q2 2025
Match Group (MTCH) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 6, 2025
Match Group (MTCH) reported revenue of $864M for the second quarter 2025 (Q2 2025), 0% from a year earlier and +4% from the quarter before. Operating margin was 22.5%, net earnings $125M (14.5% of revenue).
Match Group, Q2 2025: revenue $864M (0% year over year), operating margin 22.5%, net earnings $125M, operating cash flow $244M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $864M | +4% | 0% |
| Operating profit | $194M | +12% | -5% |
| Net earnings | $125M | +7% | -6% |
| Operating cash flow | $244M | +26% | +89% |
| Free cash flow | $231M | +30% | +99% |
What changed
Revenue was $863.7M in Q2 2025, roughly flat year over year and up 4% from the previous quarter.
Operating profit was $193.9M, a 22.5% margin (down 1.2 points year over year). Total costs grew 2% against flat revenue. The fastest-growing cost line was General & admin (+19%). Net earnings were $125.5M, down 6% year over year. The effective tax rate was 20.4%.
Operating cash flow was $243.8M (up 89% year over year), 194% of net earnings. Non-cash charges added back $28.6M of depreciation and amortization and $67.5M of share-based compensation. Working capital and other items added $22.3M. Capital expenditures of $12.9M left free cash flow of $231.0M.
Questions
What was Match Group's revenue in the second quarter 2025?
Match Group (MTCH) reported revenue of $864M for the second quarter 2025 (Q2 2025), 0% from a year earlier and +4% from the quarter before.
Was Match Group profitable in the second quarter 2025?
Operating profit was $194M (22.5% of revenue) and net earnings $125M.
Source: Match Group 10-Q on SEC EDGAR.