Quarterly ResultMay 5, 2026, 04:12 PM
Bumble Q1 Net Earnings +165% to $52.6M; Revenue -14% to $212.4M
AI Summary
Bumble reported mixed financial results for the first quarter ended March 31, 2026. While total revenue decreased 14.1% to $212.4 million and total paying users declined by 21.1%, the company saw a significant 165.4% increase in net earnings to $52.6 million and a 28.3% rise in Adjusted EBITDA to $82.6 million, alongside an 8.9% increase in ARPPU. The company also announced the refinancing of its credit facilities, extending debt maturities to 2030, and provided Q2 2026 guidance.
Key Highlights
- Net earnings increased 165.4% to $52.6 million in Q1 2026.
- Adjusted EBITDA increased 28.3% to $82.6 million in Q1 2026.
- Total Revenue decreased 14.1% to $212.4 million in Q1 2026.
- Total Paying Users decreased 21.1% to 3.2 million.
- Total Average Revenue per Paying User (ARPPU) increased 8.9% to $22.04.
- Refinanced prior credit facilities with a new $475.0 million term loan and $50.0 million revolving credit facility, extending maturities to 2030.
- Forecasts Q2 2026 Total Revenue in the range of $205 million to $213 million.
- Anticipates Q2 2026 Adjusted EBITDA of $65 million to $70 million.