Quarterly ResultMay 6, 2026, 06:08 AM
Match Group Q1 Revenue $863.9M; EPS $0.68; Azar Impairment $25.2M
AI Summary
Match Group reported strong first-quarter 2026 results with revenue increasing to $863.9 million and diluted EPS rising to $0.68. Net income attributable to shareholders grew to $166.8 million. However, the company recognized a $25.2 million impairment charge related to the Azar trade name following its temporary removal from the Apple App Store.
Key Highlights
- Net income attributable to Match Group, Inc. shareholders rose to $166.8 million in Q1 2026, up from $117.6 million in Q1 2025.
- Revenue increased to $863.9 million in Q1 2026, compared to $831.2 million in Q1 2025.
- Diluted earnings per share (EPS) was $0.68 in Q1 2026, up from $0.44 in Q1 2025.
- Operating income grew to $236.4 million in Q1 2026, from $172.6 million in Q1 2025.
- An impairment charge of $25.2 million was recognized for the Azar trade name due to its removal from the Apple App Store.
- Tinder's direct revenue was $454.7 million, and Hinge's direct revenue was $194.5 million in Q1 2026.
- Net cash provided by operating activities was $194.4 million in Q1 2026, slightly up from $193.1 million in Q1 2025.
- Cash and cash equivalents stood at $1,020.1 million as of March 31, 2026.
Price Impact
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