Match Group (MTCH) Q4 2025

Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025

Earnings

Match Group delivered a mixed fourth quarter for fiscal 2025, posting earnings per share of $0.83 against a consensus estimate of $1.02, a miss of 18.83%, even as revenue of $878.01 million edged past expectations by 0.56% and grew 2.1% year over yea… Read more Match Group delivered a mixed fourth quarter for fiscal 2025, posting earnings per share of $0.83 against a consensus estimate of $1.02, a miss of 18.83%, even as revenue of $878.01 million edged past expectations by 0.56% and grew 2.1% year over year. The headline EPS shortfall belied genuine operational progress underneath: Q4 net income climbed 32% year over year to $210 million, supported by a 7% decline in total operating expenses, while Adjusted EBITDA reached $370 million at a 42% margin. The central challenge remains Tinder, where Direct Revenue declined 3% to $464 million and Payers fell 8% to 8.8 million, though management pointed to moderating registration declines and early positive signals from product testing as evidence the turnaround is gaining traction. Hinge continued to carry the growth narrative, with Direct Revenue rising 26% to $186 million. Several analysts lowered price targets following the report, reflecting lingering uncertainty around the pace of Tinder's recovery. For full-year 2026, Match Group guided for revenue of $3.41 billion to $3.54 billion and Adjusted EBITDA of $1.28 billion to $1.32 billion.