Grindr (GRND) Earnings: Q3 2026 Results
Last updated November 2026
Short answer
Grindr reported revenue of $141 million for Q3 2026, up 22% from a year earlier (Grindr, Nov 5, 2026). Diluted EPS was -$0.04. App-based revenue brought in $118 million, up 22%. Every figure is from Grindr's release. Walnut is informational, not investment advice.
GRND Q3 2026 results
In one sentence
Grindr reported revenue of $141 million for Q3 2026, up 22% from a year earlier (Grindr, Nov 5, 2026).
| Measure | Q3 2026 | Q3 2025 | Change |
|---|---|---|---|
| Revenue | $141 million | $116 million | up 22% |
| Diluted EPS | -$0.04 | $0.16 | n/a |
| Net income | -$6.6 million | $30.8 million | n/a |
The quarter ended September 30, 2026 and Grindr published the results on November 5, 2026. Revenue and diluted EPS are shown against Q3 2025, the same quarter a year earlier, which takes seasonal swings out of the comparison.
- Grindr's Q3 2026 net loss includes a $33 million charge for the U.K. litigation settlement announced in September 2026, which Grindr says arose from data practices before 2020. Grindr also reports net income excluding litigation-related and transaction-related costs, $21.0 million in the quarter, but gives no per-share figure for it.
- Grindr completed its acquisition of PurposeMed Inc., the parent of the Freddie telehealth brand, on November 2, 2026, after the quarter ended. Q3 2026 figures do not include Freddie.
Source: Grindr Q3 2026 results, November 5, 2026. Also in the Form 10-Q for the quarter ended September 30, 2026. Figures as reported; checked against the release on November 10, 2026.
GRND revenue by segment
How Grindr splits revenue in its own release, under its own labels, for Q3 2026 against Q3 2025. Indented lines are parts of the line above them.
| Revenue by type | Q3 2026 | Q3 2025 | Change |
|---|---|---|---|
| App-based revenue | $118 million | $96.3 million | up 22% |
| Advertising revenue | $23.8 million | $19.4 million | up 23% |
- Grindr's App-based revenue revenue was $118 million in Q3 2026, up 22% from $96.3 million in Q3 2025, 83% of total revenue.
- Grindr's Advertising revenue revenue was $23.8 million in Q3 2026, up 23% from $19.4 million in Q3 2025, 17% of total revenue.
Segment lines are the figures writers cite most often, because they show where the growth in a quarter came from. Companies redraw their segments from time to time and restate the prior year to match, so a year-ago figure here can differ from the one printed a year ago. When that has happened, the note above says so.
Grindr's outlook for full year 2026 and full year 2027
From the earnings release
Grindr publishes its results and outlook in a Letter to Shareholders, filed as Exhibit 99.2 to the same Form 8-K as the press release.
In its Q3 2026 release, Grindr said:
“We now expect full-year 2026 revenue of at least $560 million, up from our prior outlook of approximately $540 million, and Adjusted EBITDA of at least $236 million, up from approximately $232 million previously.”
“These anticipated results include a minor contribution from Freddie in the fourth quarter following the closing of the transaction.”
“For 2027, we expect total revenue of at least $705 million and Adjusted EBITDA of at least $275 million, representing an Adjusted EBITDA margin of at least 39%.”
Source: Grindr Q3 2026 Letter to Shareholders, Nov 5, 2026.
This is the company's own guidance as of Nov 5, 2026, quoted as given. Walnut does not make forecasts of its own. Analyst estimates for the coming quarters are on the GRND forecast page.
GRND recent quarters
Revenue and diluted EPS for the last 5 quarters. Each date links to that quarter's release.
| Quarter | Revenue | Diluted EPS | Reported |
|---|---|---|---|
ended Sep 30, 2026 | $141 million | -$0.04 | Nov 5, 2026 |
Q2 2026 ended Jun 30, 2026 | $138 million | $0.10 | Aug 6, 2026 |
Q1 2026 ended Mar 31, 2026 | $130 million | $0.14 | May 7, 2026 |
Q4 2025 ended Dec 31, 2025, revenue derived | $126 million | - | Feb 26, 2026 |
Q3 2025 ended Sep 30, 2025 | $116 million | $0.16 | Nov 6, 2025 |
GAAP revenue and diluted EPS from each quarter's Form 10-Q (Grindr's press release carries no income statement). Grindr reported Q4 2025 only as part of full-year 2025, so Q4 2025 revenue is full-year revenue of $439.9 million minus nine-month revenue of $313.9 million, and Q4 EPS was not published.
When does GRND report earnings next?
We do not hold a confirmed date for Grindr's next report. Companies post the date on their investor relations site a few weeks ahead, usually with the time of the conference call.
Past Grindr quarterly reports
Each quarter keeps its own page with the figures as reported, so a link to one stays pointed at the same numbers after the next report.
- Q3 2026 (this page), reported Nov 5, 2026
What Grindr's revenue is made of
Grindr makes most of its money from users who pay inside the app. App-based revenue, which covers its XTRA and Unlimited subscriptions and consumables, was $117.5 million of Q3 2026 revenue of $141.4 million, against $96.3 million a year earlier. Advertising was the rest, $23.8 million against $19.4 million. Total revenue rose 22.1%. (Grindr Form 10-Q, Q3 2026, Nov 6, 2026)
Grindr breaks app revenue growth into two drivers. Average Paying Users rose by 142 thousand to 1.4 million, and ARPPU (app-based revenue per average paying user) rose 9.9% to $27.15 from $24.70. Grindr put the ARPPU gain down to a richer product mix, with more revenue from higher-priced plans such as weekly Unlimited, and to pricing experiments extended to a broader share of subscribers in key markets. (Grindr Form 10-Q, Q3 2026, Nov 6, 2026)
Advertising revenue grew 22.7%, which Grindr attributed primarily to strong CPMs across North America, third-party partnerships and additional campaigns. (Grindr Form 10-Q, Q3 2026, Nov 6, 2026)
By geography, $79.2 million of revenue came from the United States and $62.2 million from the rest of the world. Users pay for subscriptions and consumables mainly through Apple's App Store and Google Play, so most of Grindr's receivables are owed by those two app stores. (Grindr Form 10-Q, Q3 2026, Nov 6, 2026)
What Grindr's EPS includes
Grindr posted a net loss of $6.6 million in Q3 2026, or $0.04 per diluted share, against net income of $30.8 million, or $0.16, a year earlier. The swing came mainly from a $33 million charge for the U.K. litigation settlement announced in September, which Grindr says arose from data practices before 2020, plus $3 million of deal costs for the Freddie acquisition. Operating income fell to $4.1 million from $45.2 million. (Grindr Q3 2026 Letter to Shareholders, Nov 5, 2026; Grindr Q3 2026 release, Nov 5, 2026; Grindr Form 10-Q, Q3 2026, Nov 6, 2026)
Grindr's release reports Adjusted EBITDA and net income excluding litigation-related and transaction-related costs, not an adjusted EPS. Excluding those costs, net income was $21.0 million. Adjusted EBITDA was $61.7 million, a 43.7% margin, against $54.8 million and 47.4%. Adjusted EBITDA also adds back stock-based compensation, which rose to $19.3 million from $6.0 million. (Grindr Q3 2026 release, Nov 5, 2026)
Buybacks cut the share count. Diluted weighted average shares were 173,891,867 against 192,558,285 a year earlier. In the first nine months of 2026 Grindr repurchased about 13 million shares for $180 million, an average of $13.83 per share, and issued about 4 million shares as part of the Freddie purchase price. (Grindr Form 10-Q, Q3 2026, Nov 6, 2026; Grindr Q3 2026 Letter to Shareholders, Nov 5, 2026)
Diluted EPS divides net income by the weighted average number of shares outstanding in the quarter, plus the shares that options and other equity awards could add. Buybacks shrink that count and lift EPS for the same profit; share issuance and stock awards enlarge it.
Consensus and guidance at Grindr
Grindr gives full-year revenue and Adjusted EBITDA targets in its Letter to Shareholders. With Q3 results it raised its 2026 outlook to revenue of at least $560 million, from about $540 million, and Adjusted EBITDA of at least $236 million, from about $232 million. Revenue for the first nine months was $409.5 million. (Grindr Q3 2026 Letter to Shareholders, Nov 5, 2026; Grindr Form 10-Q, Q3 2026, Nov 6, 2026)
Grindr also gave its first 2027 outlook a quarter earlier than usual: revenue of at least $705 million, which it says is 26% growth, and Adjusted EBITDA of at least $275 million, a margin of at least 39%. The 2027 figures include Freddie, which Grindr expects to have about $80 million of revenue in 2026, and Edge, a premium tier at an introductory price of $120 per month that launches globally on November 17. (Grindr Q3 2026 Letter to Shareholders, Nov 5, 2026)
A consensus figure is the average of the models published by the analysts who cover Grindr, collected by a data provider and revised up to the day of the report. A quarter that lands above it says how expectations were set as much as how the business did, and the share price on the day also reflects the guidance and the lines no consensus covers.
The consensus figures on this page are Yahoo Finance's, as pulled on the date shown. Each comes with the number of analysts behind it; the smaller that number, the more one revised estimate can move the average.
The numbers analysts watch at Grindr
The figures below are the ones Grindr's own release and filings put weight on for Q3 2026, with the latest reported value for each.
| Metric | Latest reported |
|---|---|
| Average Paying Users | 1.4 million, up 10.9% Up 142 thousand from Q3 2025 Grindr Form 10-Q, Q3 2026, Nov 6, 2026 |
| ARPPU | $27.15, up 9.9% $24.70 in Q3 2025 Grindr Form 10-Q, Q3 2026, Nov 6, 2026 |
| Adjusted EBITDA | $61.7 million, a 43.7% margin $54.8 million and 47.4% in Q3 2025 Grindr Q3 2026 release, Nov 5, 2026 |
| U.K. litigation settlement charge | $33 million in Q3 2026 Grindr Q3 2026 Letter to Shareholders, Nov 5, 2026 |
| Share repurchases, first nine months | About 13 million shares for $180 million Average $13.83 per share Grindr Q3 2026 Letter to Shareholders, Nov 5, 2026 |
| 2027 outlook | Revenue of at least $705 million Adjusted EBITDA of at least $275 million Grindr Q3 2026 Letter to Shareholders, Nov 5, 2026 |
What the quarter means for a holding is a separate question from what it reported. The case for and against owning GRND is on is GRND a buy or a sell?, what analysts expect next is on the GRND forecast, and what the company does is on the Grindr (GRND) stock page.
How to check GRND's figures yourself
Every number on this page can be traced to a document Grindr published. Checking one takes a couple of minutes, and it is worth doing before you quote a figure anywhere.
- The results release is the document linked in the source line above. Companies publish it on their investor relations site at the moment results go out, and it carries the headline tables: revenue, operating income, net income and EPS for the quarter and the year-ago quarter.
- The same release is filed with the SEC as Exhibit 99.1 to a Form 8-K under Item 2.02, usually on the day of the report. The SEC copy does not change after the fact, which makes it the safer thing to link when you cite a number.
- The quarterly report (Form 10-Q) follows within a few weeks and carries the full financial statements, the segment note and management's discussion of what changed. The fourth quarter is covered by the annual report (Form 10-K) instead.
- Restated comparisons are flagged in the notes on this page. When a company redraws its segments or changes how it adjusts EPS, it restates the year-ago column, so the year-ago figure in a new release can differ from the one printed a year ago. This page always uses the comparison in the newer release, because that is the like-for-like one.
A walk-through of every line in a release, with what each one tells you, is in how to read an earnings report.
Your questions about Grindr
Ask Walnut's AI anything about GRND and see how it fits what you own.
FAQ
What was Grindr's revenue last quarter?
+
Grindr reported revenue of $141 million for Q3 2026, the quarter ended September 30, 2026, against $116 million in Q3 2025 (up 22%). The figures come from Grindr's results release of November 5, 2026.
What guidance did Grindr give for full year 2026 and full year 2027?
+
Grindr publishes its results and outlook in a Letter to Shareholders, filed as Exhibit 99.2 to the same Form 8-K as the press release. In its Q3 2026 release, Grindr said: "We now expect full-year 2026 revenue of at least $560 million, up from our prior outlook of approximately $540 million, and Adjusted EBITDA of at least $236 million, up from approximately $232 million previously. These anticipated results include a minor contribution from Freddie in the fourth quarter following the closing of the transaction. For 2027, we expect total revenue of at least $705 million and Adjusted EBITDA of at least $275 million, representing an Adjusted EBITDA margin of at least 39%." That is the company's own outlook as of Nov 5, 2026, and companies revise outlooks as the quarter goes on.
When does GRND report earnings next?
+
We do not hold a confirmed date for Grindr's next report. Companies announce the date on their investor relations site a few weeks ahead, usually with the time of the call.
Where does Grindr's revenue come from?
+
Grindr's App-based revenue revenue was $118 million in Q3 2026, up 22% from $96.3 million in Q3 2025, 83% of total revenue. Grindr's Advertising revenue revenue was $23.8 million in Q3 2026, up 23% from $19.4 million in Q3 2025, 17% of total revenue. These are the lines of Grindr's own "revenue by type" table for Q3 2026.
How much did Grindr's revenue grow last quarter?
+
Up 22% on the year: $141 million in Q3 2026 against $116 million in Q3 2025. That is the year-over-year comparison, the same quarter a year apart, so seasonal patterns in Grindr's business do not distort it.
Where do the GRND numbers on this page come from?
+
From Grindr's own results release and its Form 10-Q for the quarter ended September 30, 2026, copied as printed, in millions of US dollars. Percent changes are worked out from those figures and rounded to a whole percent, which matches how the release states them. Nothing on this page is an estimate except the consensus, which is labelled with its source and date.
Walnut is informational, not investment advice. Reported figures are copied from Grindr's results release and filings; consensus figures, where shown, are third-party estimates captured before the report. Verify figures against the source before relying on them.