Jun 30, 2020

Match Group Q2 2020 Earnings Report

Reported second quarter 2020 results, with revenue up 12% year-over-year.

Key Takeaways

Match Group's Q2 2020 results showed a 12% increase in total revenue to $555 million. Average Subscribers increased by 11% to 10.1 million, and net earnings from continuing operations attributable to shareholders increased by 10% to $103 million.

Total revenue grew 12% over the prior year quarter to $555 million.

Operating income was $196 million, an increase of 14% over the prior year quarter.

Net earnings from continuing operations attributable to shareholders increased 10% over the prior year quarter to $103 million.

Average Subscribers increased 11% to 10.1 million.

Total Revenue
$555M
Previous year: $498M
+11.5%
EPS
$0.51
Previous year: $0.43
+18.6%
Average Subscribers
10.06M
Previous year: 9.08M
+10.8%
ARPU
$0.58
Previous year: $0.58
+0.0%
Gross Profit
$407M
Previous year: $910M
-55.3%
Cash and Equivalents
$129M
Previous year: $266M
-51.5%
Free Cash Flow
$258M
Previous year: $202M
+27.5%
Total Assets
$2.33B
Previous year: $8.3B
-71.9%

Match Group

Match Group

Match Group Revenue by Segment

Match Group Revenue by Geographic Location

Forward Guidance

Match Group will audiocast a conference call to answer questions regarding its second quarter financial results on Wednesday, August 5, 2020 at 8:30 a.m. Eastern Time. This call will include the disclosure of certain information, including forward-looking information, which may be material to an investor’s understanding of Match Group’s business.

Revenue & Expenses

Visualization of income flow from segment revenue to net income