NYSE · Financial Statements

Grindr Inc. (GRND) Financial Statements

$13.68 NYSE: GRND Market Cap $2.38B

Grindr Inc. most recently reported annual revenue of $440.0M, net profit of $95.0M. Revenue grew at an average annual rate of 33.4% over the last 5 fiscal years. See the full income statement, balance sheet, and cash flow statement below, plus valuation and return ratios.

Grindr Inc.: Revenue rose from $109.0M in 2019 to $440.0M in 2025, a change of +303.7% over 6 years; net profit was positive in 4 of 7 reported years; operating margin moved from 9.3% to 28.7%, a shift of +19.4 percentage points; the most recent year shows net profit of $95.0M.

Income Statement — 7 Years (USD millions)

Metric2019202020212022202320242025
Revenue$109.0M$104.0M$146.0M$195.0M$260.0M$345.0M$440.0M
Operating Expenses$99.0M$105.0M$122.0M$182.0M$204.0M$252.0M$314.0M
Operating Profit$10.0M$-1.0M$24.0M$13.0M$55.0M$93.0M$126.0M
Operating Margin9.3%-0.9%16.3%6.7%21.4%26.9%28.7%
Other Income$0$-10.0M$-17.0M$-13.0M$-107.0M$-211.0M$-8.0M
Interest$0$0$19.0M$32.0M$46.0M$26.0M$18.0M
Depreciation$27.0M$28.0M$43.0M$38.0M$27.0M$17.0M$9.0M
Profit Before Tax$10.0M$-10.0M$6.0M$0$-52.0M$-118.0M$119.0M
Tax$24.1M$-24.5M$19.6M$12.3B$-7.8M$-10.8M$20.1M
Net Profit$8.0M$-13.0M$5.0M$1.0M$-56.0M$-131.0M$95.0M
EPS$0.05$-0.60$0.03$0.01$-0.32$-0.74$0.49
Dividend Payout0.0%0.0%0.0%0.0%0.0%0.0%0.0%

Quarterly Results — Last 12 Quarters (USD millions)

8 duplicate period labels in the source data were collapsed.

MetricSep '23Dec '23Mar '24Jun '24Sep '24Dec '24Mar '25Jun '25Sep '25Dec '25Mar '26Jun '26
Revenue$70.0M$72.0M$75.0M$82.0M$89.0M$98.0M$94.0M$104.0M$116.0M$126.0M$130.0M$138.0M
Operating Expenses$54.0M$56.0M$56.0M$58.0M$61.0M$77.0M$69.0M$80.0M$71.0M$95.0M$87.0M$106.0M
Operating Profit$17.0M$16.0M$19.0M$25.0M$28.0M$20.0M$25.0M$24.0M$45.0M$31.0M$43.0M$33.0M
Operating Margin23.6%22.7%25.6%29.8%31.8%20.9%27.0%23.4%39.1%24.9%33.1%23.5%
Interest$12.0M$10.0M$7.0M$7.0M$6.0M$5.0M$4.0M$4.0M$5.0M$6.0M$7.0M$7.0M
Profit Before Tax$1.0M$-43.0M$-7.0M$-17.0M$30.0M$-124.0M$32.0M$21.0M$40.0M$26.0M$36.0M$23.0M
Tax$152.3M$-3.0M$-39.9M$-28.4M$18.5M$420,000$14.4M$21.9M$22.8M$21.6M$25.5M$22.5M
Net Profit$0$-45.0M$-9.0M$-22.0M$25.0M$-124.0M$27.0M$17.0M$31.0M$20.0M$27.0M$18.0M
EPS$0.00$-0.26$-0.05$-0.13$0.14$-0.70$0.14$0.08$0.16$0.11$0.14$0.10

Over the 7 years reported for Grindr Inc., cash stood at $87.0M in the latest year, shareholders' equity was $0, current assets covered current liabilities 1.95 times.

Balance Sheet — 7 Years (USD millions)

Metric2019202020212022202320242025
Total Assets—$504.0M$450.0M$439.0M$445.0M$479.0M$531.0M
Current Assets—$58.0M$44.0M$43.0M$72.0M$117.0M$166.0M
Cash—$41.0M$16.0M$9.0M$28.0M$59.0M$87.0M
Inventory—$0$0$0$0$0$0
Receivables—$12.0M$21.0M$22.0M$35.0M$50.0M$68.0M
Fixed Assets—$3.0M$2.0M$7.0M$5.0M$5.0M$6.0M
Capital Work in Progress$0$0$0$0$0$0$0
Investments$0$0$0$0$0$1.0M$0
Other Assets—$259.0M$259.0M$276.0M$276.0M$276.0M$276.0M
Total Liabilities—$247.0M$186.0M$435.0M$463.0M$611.0M$484.0M
Current Liabilities—$81.0M$30.0M$62.0M$61.0M$68.0M$85.0M
Borrowings$0$194.0M$137.0M$365.0M$344.0M$294.0M$401.0M
Other Liabilities—$54.0M$49.0M$69.0M$119.0M$317.0M$83.0M
Equity—$0$0$0$0$0$0
Reserves—$256.0M$263.0M$4.0M$-18.0M$-132.0M$47.0M

For Grindr Inc., operating cash flow was positive in 7 of 7 reported years; free cash flow in the latest year was $141.0M; free cash flow was positive in 7 of 7 years; financing activities used $524.0M in the latest year, which covers debt repayment, dividends and buybacks.

Cash Flow Statement — 7 Years (USD millions)

Metric2019202020212022202320242025
Operating Cash Flow$38.0M$26.0M$34.0M$51.0M$36.0M$95.0M$142.0M
Investing Cash Flow$-7.0M$-265.0M$-8.0M$-11.0M$-8.0M$-6.0M$-9.0M
Financing Cash Flow$0$106.0M$-1.0M$-87.0M$-12.0M$-12.0M$-524.0M
Net Cash Flow$33.0M$61.0M$-26.0M$-7.0M$19.0M$31.0M$28.0M
Free Cash Flow$36.0M$26.0M$31.0M$45.0M$32.0M$94.0M$141.0M

Valuation & Return Ratios

MetricValue
PEG Ratio0.09
EV / EBITDA19.94
FCF Yield6.23%
Quick Ratio1.10
Interest Coverage15.01
Return 1Y-25.76%
Return 3Y165.57%
Return 5Y44.86%

Grindr Inc. (GRND) financials — frequently asked questions

What is Grindr Inc.'s annual revenue?

Grindr Inc. (GRND) reported annual revenue of $440.0M in its most recent fiscal year.

What is Grindr Inc.'s net profit?

Grindr Inc. (GRND) reported net profit of $95.0M in its most recent fiscal year.

What is GRND EV/EBITDA?

Grindr Inc.'s enterprise value to EBITDA (EV/EBITDA) ratio is 19.94.

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