Grindr Financial Statements
NYSE: GRNDTechnologyComputer Software: Programming Data ProcessingUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Grindr revenue and earnings
In fiscal 2025, Grindr generated $439.9 million in revenue, up 27.6% from fiscal 2024, its 4th consecutive year of revenue growth. Net income was $94.8 million, for a net margin of 21.5% versus a median of -10.5% in the prior 4 years. Gross margin was 74.4% (down from 74.6%) and operating margin 28.7%.
Diluted earnings per share came in at $0.43. Over the last 4 fiscal years, GRND's revenue has grown at a 31.8% compound annual rate.
Summary generated from market data by MetaCap's automated system. Methodology
Grindr income statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 |
|---|---|---|---|---|---|
| Revenue | 439.90M | 344.64M | 259.69M | 195.01M | 145.83M |
| Revenue growth (YoY) | +27.64% | +32.71% | +33.16% | +33.72% | — |
| Cost of Revenue | 112.56M | 87.58M | 67.46M | 51.28M | 37.36M |
| Gross Profit | 327.34M | 257.06M | 192.23M | 143.74M | 108.47M |
| Operating Expenses | 201.05M | 164.46M | 136.78M | 130.70M | 1.76M |
| Research & Development | 48.93M | 32.81M | 29.33M | 17.90M | 10.91M |
| Selling, General & Admin | 143.26M | 114.74M | 80.42M | 75.30M | 30.62M |
| Operating Income | 126.29M | 92.60M | 55.45M | 13.04M | 23.71M |
| Other Income (Expense) | -7.67M | -210.89M | -107.19M | -13.04M | -17.41M |
| Pretax Income | 118.61M | -118.29M | -51.74M | -7.00K | 6.30M |
| Income Tax | 23.86M | 12.71M | 4.02M | -859.00K | 1.24M |
| Net Income | 94.75M | -131.00M | -55.77M | 852.00K | 5.06M |
| Net Income growth (YoY) | — | — | -6645.54% | -83.18% | — |
| EPS (Basic) | 0.45 | -0.74 | -0.32 | 0.01 | 0.03 |
| EPS (Diluted) | 0.43 | -0.74 | -0.32 | 0.01 | 0.03 |
| Shares Outstanding (Basic) | 190.06M | 175.88M | 174.17M | 157.88M | 152.81M |
| Shares Outstanding (Diluted) | 195.18M | 175.88M | 174.17M | 159.17M | 152.87M |
| EBITDA | 135.15M | 109.51M | 82.49M | 50.54M | 66.94M |
| Gross Margin | 74.41% | 74.59% | 74.02% | 73.70% | 74.38% |
| Operating Margin | 28.71% | 26.87% | 21.35% | 6.68% | 16.26% |
| Net Margin | 21.54% | -38.01% | -21.47% | 44.00% | 3.47% |
This table shows 5 annual periods of Grindr's income statement, from FY 2025 back to FY 2021, across 19 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow GRND's reporting calendar. What is a income statement?