Bumble Inc - Class A
Q2 2025 Earnings
Market Reaction
S&P 500 over the same 30 days: +2.86%.
Did BMBL Beat Earnings? Q2 2025 Results
Bumble delivered a sharply split Q2 2025 report, posting revenue of $248.23 million that edged past the $245.65 million consensus by 1.05%, while its GAAP EPS of $-2.45 missed the $0.39 estimate by a staggering 732.75%, reflecting a painful $404.86 million in non-cash impairment charges that dominated the bottom line. Revenue fell 7.6% year-over-year as the company pressed forward with a deliberate strategy of prioritizing member quality over growth, a pivot that triggered $398.10 million in goodwill and intangible asset write-downs after management revised its 2025 outlook. Beneath the headline loss, operational efficiency improved markedly, with Adjusted EBITDA climbing to $94.59 million at a 38.1% margin, up from 27.9% a year ago, fueled in part by a roughly 52% cut to sales and marketing spend. Total paying users declined 8.7% to 3.8 million, though ARPPU ticked up to $21.69. Adding to the transition story, Blackstone sold over $104 million in Bumble shares around the earnings date. Looking ahead, Bumble guided Q3 revenue of $240 million to $248 million with Adjusted EBITDA of $79 million to $84 million.
- Significant cost structure reduction, particularly in selling and marketing expense
- Improved Adjusted EBITDA margin to 38.1% from 27.9% year-over-year
- ARPPU increase to $21.69 from $21.37 despite paying user declines
- Bumble App ARPPU increase to $26.85 from $25.79
- Favorable foreign currency impact of $2.4 million on total revenue
“Our second quarter results demonstrate how we are moving decisively and with conviction to build a durable foundation for Bumble's future. We are executing a clear framework to strengthen our member base with higher quality and more intentional members, and we have significantly streamlined our cost structure while accelerating innovation across AI, product, and technology. We are committed to delivering safer, smarter, and more personalized experiences that foster real love and connection. The early signals are clear: our renewed focus on quality is resonating, and we are building momentum.”
Bumble CEO, on the earnings call
Forward Guidance & Outlook
For Q3 2025, Bumble expects total revenue of $240 million to $248 million, including Bumble App revenue of $194 million to $200 million, and Adjusted EBITDA of $79 million to $84 million. The company's revised 2025 outlook reflects a strategic shift to improve the health of its membership base, which triggered non-cash impairment charges of $398.1 million in Q2 2025.
BMBL YoY Financials
BMBL Revenue by Segment
Figures from SEC filings and company reports. Not investment advice.