Q1 26 EPS
$N/A
Est. $0.86
Q1 26 Revenue
$864.0M
BEAT +1.08%
Est. $854.8M
vs S&P Since Q1 26
-7.4%
TRAILING MARKET
MTCH -2.0% vs S&P +5.4%
Market Reaction
Did MTCH Beat Earnings? Q1 2026 Results
Match Group posted a stronger-than-expected first quarter for fiscal 2026, with total revenue of $864 million edging ahead of the $854.75 million consensus estimate by 1.08% and rising 4% year over year, as the company's accelerating monetization gai… Read more Match Group posted a stronger-than-expected first quarter for fiscal 2026, with total revenue of $864 million edging ahead of the $854.75 million consensus estimate by 1.08% and rising 4% year over year, as the company's accelerating monetization gains more than offset persistent headwinds in user counts. The most material driver of the beat was better-than-expected Tinder Direct Revenue and Payer trends, with consolidated Revenue Per Payer climbing 10% to $20.90 even as total Payers slipped 5% to 13.5 million. Net income surged 42% year over year to $167 million, and Adjusted EBITDA reached $343 million at a 40% margin. Hinge remained the portfolio's clearest growth engine, with Direct Revenue jumping 28% to $194 million and Adjusted EBITDA rising 66%. At least one analyst raised their price target on the stock following the results. Looking ahead, management guided Q2 revenue of $850 to $860 million and Adjusted EBITDA of $325 to $330 million, absorbing a combined $30 million drag from Tinder user experience testing and reduced Azar contributions.
Key Takeaways
- • Revenue Per Payer increased 10% Y/Y to $20.90 across consolidated portfolio
- • Tinder registrations returned to Y/Y growth in March for the first time since June 2024
- • Hinge Direct Revenue grew 28% Y/Y driven by 15% Payer growth and 11% RPP growth
- • Canada digital services tax rescission provided $11 million Adjusted EBITDA benefit
- • Alternative payment savings drove cost of revenue down 11% Y/Y
- • General and administrative costs decreased 20% Y/Y
MTCH YoY Financials
Q1 2026 vs Q1 2025, source: SEC Filings
MTCH Revenue by Segment
With YoY comparisons, source: SEC Filings
“Match Group delivered a strong start to the year. Tinder works better today than it did before. Our product changes are resonating with Gen Z and driving improvements in leading indicators, which is a clear signal that Tinder's ecosystem is strengthening. Hinge delivered another strong quarter and launched category-first features for highly intentioned daters that are improving outcomes.”
— Spencer Rascoff, Q1 2026 Earnings Press Release
MTCH Earnings Trends
MTCH vs Market 30 Day Price Reactions
30-day stock return vs benchmark after each earnings
MTCH EPS Trend
Earnings per share: estimate vs actual
MTCH Revenue Trend
Quarterly revenue: estimate vs actual
MTCH Quarterly Results
6 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q2 26 | $0.96 | — | — | $853.0M | -0.43% |
| Q1 26 | $0.86 | — | — | $864.0M | +1.08% |
| Q4 25 MISS FY | $1.02 | $0.83 | -18.83% | $878.0M | +0.56% |
| FY Full Year | — | $2.38 | — | $3.49B | — |
| Q3 25 MISS | $0.91 | $0.62 | -31.95% | $914.3M | +0.20% |
| Q2 25 MISS | $0.77 | $0.49 | -36.69% | $863.7M | +1.13% |
| Q1 25 MISS | $0.66 | $0.44 | -33.11% | $831.2M | +0.46% |