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MARKETS / NYSE / GRND
NYSE · SERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC. · LARGE CAP

Grindr Inc. GRND

5 fiscal years on record · USD · FY2025 reported · SEC filings only
$439.9M
▲ 27.6% YoY
$94.8M
$140.8M
▲ 49.7% YoY
In brief

What this company does

Grindr manages and operates the Grindr platform, a global social networking platform primarily serving and addressing the needs of gay, bisexual, and sexually explorative adults around the world. It had 15.0 million, 14.2 million and 13.3 million Average MAUs for the years ended December 31, 2025, 2024 and 2023, respectively, and 1.3 million, 1.1 million and 0.9 million Average Paying Users for the same years. As of December 31, 2025, it had 165 employees globally, 160 of which were full-time employees. It is headquartered in West Hollywood, California, with additional offices in the San Francisco Bay Area, Chicago and New York City. It currently generates revenue from two revenue streams, direct revenue and indirect revenue, both driven by the Grindr platform. Direct revenue is generated by users who pay for subscriptions or add-ons to access premium features. Indirect revenue is generated by third parties who pay to advertise to its users. It was established in 2009 as one of the first global social platforms exclusively addressing the needs of its community.

Written from the business description in Grindr Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 2 March 2026. Every sentence was checked against that document before publication.

Growth
USD 439.9M
Revenue, FY2025 · full 5-year series below
Revenue $M Net income $M
FY2025 · Revenue 439.9 · Net income 94.8
200M400M-50M-100M20212022202320242025
Compound annual growth
+31.1%
+380.9%
+250.3%
3 yrs
5 yrs
10 yrs
15 yrs

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
22 cents
of every revenue dollar became profit
Operating margin Net margin
FY2025 · Operating 28.7% · Net 21.5%
10%20%-10%-20%-30%20212022202320242025
ROE

No chart to show — the reason differs by year; see each year in the table below.

Cash & shareholders
USD 448.8M
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2025 · FCF 140.8
50M100M20212022202320242025
Net buybacks $M Dividends $M
FY2025 · Dividends — · Net buybacks 448.8
200M400M202320242025

USD 448.8M in buybacks — 474% of the year's profit, so the payout drew on cash built up earlier.

Total assetsUSD 531.0M
CashUSD 87.0M
Gross debtUSD 395.9M
Net debtUSD 308.8M
Current ratio1.96×

Not available: we don't have the shareholders' equity figure for this period.

The 5-year record
5 fiscal years
Every figure from documents filed with the SEC · USD
row low → row highnegative
Metric 20252024202320222021
Revenue $B0.40.30.30.20.1
Operating income $B0.10.10.10.00.0
EBITDA $B0.10.10.10.10.1
Income tax $B0.00.00.0−0.00.0
Net income $B0.1−0.1−0.10.00.0
Free cash flow $B0.10.10.00.10.0
EPS, diluted $0.43−0.74−0.320.010.03
Dividend / sh $·····
Payout %·····
ROE %·····
Shares out B0.190.180.180.170.16

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance
Company facts, as filed
How we verify · 0 failures · 1 divergences in 20 reconciliationsAUDITED

Reconciled in 4 of 19 fiscal years. 1 of those reconciliations are divergences — the figures exist but don't fit the formula this check expects; that isn't the same as an error. 70 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures1 divergent
ActivityServices-Computer Programming, Data Processing, Etc.
Listed onNYSE
Incorporated inDelaware
Fiscal year endsDecember 31
Data on record since2020

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