Grindr Q1 2025 Earnings Report
Key Takeaways
Grindr reported strong first quarter 2025 results with significant revenue growth of 25% year-over-year, reaching $93.9 million. The company also achieved a net income of $27.0 million and a solid Adjusted EBITDA margin of 43.3%, exceeding prior year performance.
Revenue increased by 25% to $93.9 million for the first quarter of 2025.
Net income for the quarter was $27.0 million, a significant improvement from a loss in the prior year.
Adjusted EBITDA reached $40.7 million, with an Adjusted EBITDA Margin of 43.3%.
The company raised its full-year 2025 guidance for revenue growth to 26% or greater and Adjusted EBITDA margin to at least 43%.
Grindr
Grindr
Forward Guidance
Grindr has raised its full-year 2025 guidance, expecting revenue growth of 26% or greater and an Adjusted EBITDA margin of at least 43%.
Positive Outlook
- Anticipated revenue growth of 26% or greater for the full year 2025.
- Expected Adjusted EBITDA margin of at least 43% for the full year 2025.
- Early testing of new AI-powered premium experience, A-List.
- Expansion of the Right Now feature.
- Soft beta launch of the first product within the gayborhood expansion vision.
Challenges Ahead
- Dependence on retaining existing users and adding new users.
- Impact of the regulatory environment and compliance complexities.
- Ability to address privacy concerns and protect systems from cyber-attacks.
- Ability to identify and consummate strategic transactions.
- Ability to adapt to changes in technology and user preferences.