Filing Flows › Match Group (MTCH) › Q3 2025
Match Group (MTCH) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 5, 2025
Match Group (MTCH) reported revenue of $914M for the third quarter 2025 (Q3 2025), +2% from a year earlier and +6% from the quarter before. Operating margin was 24.2%, net earnings $161M (17.6% of revenue).
Match Group, Q3 2025: revenue $914M (+2% year over year), operating margin 24.2%, net earnings $161M, operating cash flow $321M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $914M | +6% | +2% |
| Operating profit | $221M | +14% | +5% |
| Net earnings | $161M | +28% | +18% |
| Operating cash flow | $321M | +31% | +21% |
| Free cash flow | $307M | +33% | +22% |
What changed
Revenue was $914.3M in Q3 2025, up 2% year over year and up 6% from the previous quarter.
Operating profit was $221.3M, a 24.2% margin (up 0.7 points year over year). Of the extra revenue versus a year earlier, 57% reached operating profit, above the 24% margin then. Total costs grew 1% against revenue growth of 2%. The fastest-growing cost line was General & admin (+42%). Net earnings were $160.7M, up 18% year over year. The effective tax rate was 17.0%.
Operating cash flow was $320.6M (up 21% year over year), 199% of net earnings. Non-cash charges added back $14.8M of depreciation and $56.3M of share-based compensation. Working capital and other items added $88.7M. Capital expenditures of $13.8M left free cash flow of $306.8M.
Questions
What was Match Group's revenue in the third quarter 2025?
Match Group (MTCH) reported revenue of $914M for the third quarter 2025 (Q3 2025), +2% from a year earlier and +6% from the quarter before.
Was Match Group profitable in the third quarter 2025?
Operating profit was $221M (24.2% of revenue) and net earnings $161M.
Source: Match Group 10-Q on SEC EDGAR.