Filing Flows › Match Group (MTCH) › Q2 2026 › vs Q2 2025
Match Group (MTCH) Q2 2026 vs Q2 2025 (year over year)
Match Group's revenue fell $10.6M (-1%) from $864M in Q2 2025 to $853M in Q2 2026. Operating margin 28.8% against 22.5% (+6.3 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 Q2 2025, the increases inside each band.
Margins
| Q2 2026 | Q2 2025 | Change | |
|---|---|---|---|
| Operating margin | 28.8% | 22.5% | +6.3 pts |
| Net margin | 20.0% | 14.5% | +5.5 pts |
| Free cash flow margin | 41.3% | 26.7% | +14.6 pts |
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $853M | $864M | −$10.6M | -1% |
| Operating profit | $245M | $194M | $51.5M | +27% |
| Costs & expenses | $608M | $670M | −$62.2M | -9% |
| Pre-tax earnings | $215M | $158M | $56.9M | +36% |
| Other expense, net | $30.8M | $36.2M | −$5.4M | -15% |
| Cost of revenue | $204M | $242M | −$37.7M | -16% |
| Research & development | $115M | $115M | $305K | +0.3% |
| Sales & marketing | $158M | $148M | $10.0M | +7% |
| General & admin | $106M | $137M | −$30.1M | -22% |
| Other operating costs | $23.9M | $28.6M | −$4.7M | -16% |
| Net earnings | $171M | $125M | $45.1M | +36% |
| Income tax | $44.1M | $32.2M | $11.9M | +37% |
| Depreciation | $15.3M | $28.6M | −$13.2M | -46% |
| Share-based compensation | $62.0M | $67.5M | −$5.4M | -8% |
| Working capital & other | $122M | $22.3M | $99.6M | +446% |
| Operating cash flow | $370M | $244M | $126M | +52% |
| Free cash flow (OCF − capex) | $353M | $231M | $122M | +53% |
| Capital expenditures | $17.3M | $12.9M | $4.4M | +35% |
Questions
How much did Match Group's revenue grow year over year in Q2 2026?
Match Group's revenue fell $10.6M (-1%) from $864M in Q2 2025 to $853M in Q2 2026. Operating margin 28.8% against 22.5% (+6.3 pts).