Filing Flows › Match Group (MTCH) › Q2 2026 › vs Q1 2026
Match Group (MTCH) Q2 2026 vs Q1 2026 (quarter over quarter)
Match Group's revenue fell $10.8M (-1%) from $864M in Q1 2026 to $853M in Q2 2026. Operating margin 28.8% against 27.4% (+1.4 pts).
Match Group, Q2 2026: revenue $853M (-1% year over year), operating margin 28.8%, net earnings $171M, operating cash flow $370M. The chart draws each line against Q1 2026, the increases inside each band.
Margins
| Q2 2026 | Q1 2026 | Change | |
|---|---|---|---|
| Operating margin | 28.8% | 27.4% | +1.4 pts |
| Net margin | 20.0% | 19.3% | +0.7 pts |
| Free cash flow margin | 41.3% | 20.1% | +21.2 pts |
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Revenue | $853M | $864M | −$10.8M | -1% |
| Operating profit | $245M | $236M | $9.0M | +4% |
| Costs & expenses | $608M | $628M | −$19.9M | -3% |
| Pre-tax earnings | $215M | $201M | $14.1M | +7% |
| Other expense, net | $30.8M | $35.9M | −$5.1M | -14% |
| Cost of revenue | $204M | $211M | −$6.4M | -3% |
| Research & development | $115M | $117M | −$2.0M | -2% |
| Sales & marketing | $158M | $163M | −$4.8M | -3% |
| General & admin | $106M | $89.1M | $17.3M | +19% |
| Other operating costs | $23.9M | $47.9M | −$24.0M | -50% |
| Net earnings | $171M | $167M | $3.7M | +2% |
| Income tax | $44.1M | $33.7M | $10.4M | +31% |
| Depreciation | $15.3M | $47.9M | −$32.6M | -68% |
| Share-based compensation | $62.0M | $58.6M | $3.5M | +6% |
| Working capital & other | $122M | −$79.0M | $201M | — |
| Operating cash flow | $370M | $194M | $175M | +90% |
| Free cash flow (OCF − capex) | $353M | $174M | $179M | +103% |
| Capital expenditures | $17.3M | $20.4M | −$3.1M | -15% |
Questions
How much did Match Group's revenue grow quarter over quarter in Q2 2026?
Match Group's revenue fell $10.8M (-1%) from $864M in Q1 2026 to $853M in Q2 2026. Operating margin 28.8% against 27.4% (+1.4 pts).