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Grindr (GRND)

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Earnings summaries and quarterly performance for Grindr.

Recent press releases and 8-K filings for GRND.

Grindr Outlines Strategic Expansion, Monetization Efforts, and Governance Improvements
GRND
Product Launch
Share Buyback
Board Change
  • Grindr's vision is to expand beyond dating and hookups, positioning itself as a social network for gay and bisexual men, with new adjacencies like healthcare through products such as Woodwork, which launched 10 months ago and already has thousands of users.
  • The company's U.S. strategy focuses on monetizing its existing user base by raising prices for the first time since 2018, having grown paying users from 600,000-700,000 to approximately 1.2 million-1.3 million.
  • Grindr is introducing a new premium tier called Edge, which leverages AI for features like A-List and suggested matches, priced significantly higher (e.g., AUD 110 per month in Australia/New Zealand compared to the previous premium plan at $39.99 per month), with plans for an even more exclusive "private jet" tier in 2027-2028.
  • Corporate governance has seen improvements, including board changes, an increased share repurchase authorization to $400 million for an additional three years, and a standstill agreement with the majority shareholder regarding taking the company private.
  • The company is also re-platforming its tech stack, which has already reduced the code for its main Cascade page by 80%, to improve app performance, modernize the user experience, and enable more AI capabilities.
Mar 3, 2026, 7:30 PM
Grindr Outlines Strategic Vision, Monetization Enhancements, and Governance Improvements
GRND
Product Launch
Share Buyback
New Projects/Investments
  • Grindr is implementing price increases for its core offerings, the first since 2018, and launching a new premium tier called Edge at a significantly higher price point (e.g., AUD 110/month in pilot markets) to encourage existing paying users to spend more.
  • The company is expanding its vision beyond dating to become a social network for gay and bi men, exploring adjacencies like healthcare (Woodwork) and travel, leveraging its brand awareness and user engagement.
  • Grindr announced an increase in its share repurchase authorization to $400 million and a standstill agreement with its majority shareholder, aiming to improve corporate governance and shareholder value.
  • The company is integrating AI to enhance internal productivity (engineers are 1.5 times more productive, 60-70% of code by AI) and user experience, alongside a re-platforming effort to modernize the app and unlock further AI capabilities.
Mar 3, 2026, 7:30 PM
Grindr Outlines Strategic Vision, Monetization Efforts, and Governance Improvements
GRND
Product Launch
New Projects/Investments
Share Buyback
  • Grindr is expanding its vision beyond dating and hookups to become a social network for gay and bi men, exploring adjacencies such as healthcare (Woodwork) and travel.
  • The company's monetization strategy focuses on increasing revenue from existing users, particularly in the U.S., through price increases (the first since 2018) and the introduction of a new AI-powered premium tier called EDGE. EDGE is priced significantly higher than previous premium plans, with pilots exploring even higher price points.
  • Grindr is undertaking a re-platforming effort to modernize its app, improve user experience, and unlock AI capabilities, which is expected to continue through most of this year and next.
  • Recent corporate governance changes include an increased share repurchase authorization to $400 million for an additional three years and a standstill agreement with the majority shareholder, aiming to improve investor confidence.
Mar 3, 2026, 7:30 PM
Grindr Provides Update on 2026 Financial Targets and Strategic Initiatives
GRND
Guidance Update
New Projects/Investments
Revenue Acceleration/Inflection
  • Grindr is tracking well towards its 2026 targets of $528 million in revenue and $217 million in EBITDA, and has guided to fiscal 2026 revenue growth of at least 20% year-over-year.
  • The primary driver for 2026 revenue growth is pricing changes for its Xtra and Unlimited tiers, which began in Q4 last year for new payers and will extend to current paying customers globally in the first half of 2026.
  • New initiatives include the Edge premium tier, currently in testing and targeted for a 2027 launch, and Woodwork, a performance medications business, neither of which are included in the 2026 guidance.
  • The company has increased its paid penetration to 8.5% and grown its user base from 12 million to 15 million, with a strategic focus on monetizing existing payers more effectively.
  • Grindr has significantly adopted AI, with 70% of its code written by AI in January 2026, up from 0% in January 2025, contributing to operational efficiency.
Mar 2, 2026, 8:20 PM
Grindr Provides Update on Financial Targets, Monetization Strategy, and AI Adoption
GRND
Guidance Update
New Projects/Investments
Revenue Acceleration/Inflection
  • Grindr is tracking well towards its 2027 targets of $600 million in revenue and $245 million in adjusted EBIT, with 2026 guidance set at $528 million for revenue and $217 million for EBITDA.
  • The primary driver for 2026 revenue growth is price changes for Xtra and Unlimited paid tiers, which began in Q4 last year and will fully roll out in the first half of this year. Additionally, a new premium tier, EDGE, is targeted as a 2027 revenue driver following strong test results.
  • The company has increased its paid penetration to 8.5% and grown its user base from 12 million to 15 million, while maintaining EBITDA margins of 40%+.
  • Grindr is leveraging AI for efficiency, with 70% of its code written by AI in January this year, and views itself as a social network with the potential to become a "super app" for gay people.
Mar 2, 2026, 8:20 PM
Grindr provides update on financial targets, 2026 guidance, and governance changes
GRND
Guidance Update
Board Change
New Projects/Investments
  • Grindr is tracking well towards its 2027 targets of approximately $600 million in revenue and $245 million in adjusted EBIT, with 2026 guidance set at $528 million for revenue and $217 million for EBITDA.
  • The company anticipates at least 20% year-over-year revenue growth for fiscal 2026, primarily driven by pricing changes for its paid tiers, which began in Q4 last year and will be fully implemented globally in the first half of 2026.
  • Potential upside to current guidance includes an earlier global launch of the Edge premium tier and contributions from Woodwork, a new performance medications business.
  • Significant corporate governance changes have been implemented, including the departure of James from the board and the appointment of Michael Gearon as lead independent director, with further independent director additions planned.
  • Grindr emphasizes that it does not actively manage Monthly Active Users (MAU), instead prioritizing a healthy user ecosystem by removing bad actors; it removed 350,000 more unwanted MAU in 2025 than in 2024.
Mar 2, 2026, 8:20 PM
Grindr Reports Strong 2025 Financials and Provides 2026 Outlook
GRND
Earnings
Guidance Update
Share Buyback
  • Grindr reported strong financial results for 2025, with revenue growing 28% year-over-year to $440 million and Adjusted EBITDA reaching $196 million.
  • For Q4 2025, revenue was $126 million, an increase of 29% year-over-year, and Adjusted EBITDA was $56 million.
  • The company issued 2026 guidance, projecting revenue greater than $528 million and Adjusted EBITDA greater than $217 million.
  • Grindr announced a three-year, $400 million expansion of its share repurchase authorization, extending it to March 2029, with $450 million total availability.
  • Strategically, Grindr is rapidly becoming an AI-native organization, with AI agents writing 60-70% of new code in Q4 2025, and is rolling out new pricing for XTRA and Unlimited globally through H1 2026. The new AI-native premium tier, EDGE, launched in Q4 2025, is seen as a core foundation for 2027 growth.
Feb 26, 2026, 10:00 PM
Grindr Reports Strong Q4 and Full Year 2025 Results, Issues 2026 Guidance, and Expands Share Repurchase Program
GRND
Earnings
Guidance Update
Share Buyback
  • Grindr reported strong financial performance for 2025, with revenue growing 28% year-over-year to $440 million and Adjusted EBITDA reaching $196 million, representing a 44% margin. For Q4 2025, revenue was $126 million, up 29% year-over-year, and Adjusted EBITDA was $56 million.
  • The company provided an optimistic outlook for full year 2026, projecting revenue greater than $528 million and Adjusted EBITDA greater than $217 million.
  • Grindr announced a significant capital return initiative, expanding its share repurchase authorization by $400 million over three years to March 2029, resulting in $450 million of total repurchase availability.
  • Strategic focus includes deep AI integration, with 60% to 70% of new code written by AI agents in Q4 2025 and a 1.5x engineer productivity improvement. The company is also launching AI-native premium tiers like EDGE and refining pricing for existing subscriptions.
  • User metrics for 2025 showed 15 million average MAU, 1.26 million average paying users, and an ARPU of $24.25.
Feb 26, 2026, 10:00 PM
Grindr Announces Q4 and Full Year 2025 Results and 2026 Guidance
GRND
Earnings
Guidance Update
Share Buyback
  • Grindr reported strong financial results for Q4 2025, with revenue of $126 million and Adjusted EBITDA of $56 million. For the full year 2025, revenue reached $440 million, representing 28% year-over-year growth, and Adjusted EBITDA was $196 million. Net income for the full year was $103 million.
  • For full year 2026, the company expects revenue greater than $528 million and Adjusted EBITDA greater than $217 million. This guidance is primarily driven by product enhancements and new pricing for XTRA and Unlimited, which began rolling out in August 2025.
  • Grindr is strategically focusing on premium AI experiences (EDGE) and deep AI integration across its operations. In Q4 2025, AI agents wrote between 60% and 70% of new code, leading to a self-reported 1.5x productivity improvement per engineer.
  • The company announced a three-year, $400 million expansion of its share repurchase authorization, extending the program to March 2029. In 2025, Grindr repurchased 25.1 million shares for approximately $450 million.
Feb 26, 2026, 10:00 PM
Grindr Inc. Reports Strong Full Year 2025 Results and Provides 2026 Guidance
GRND
Earnings
Guidance Update
Share Buyback
  • Grindr Inc. reported 28% full-year 2025 revenue growth, reaching $439.9 million, with net income of $94.8 million and Adjusted EBITDA of $195.6 million for the fiscal year ended December 31, 2025.
  • The company introduced 2026 guidance, expecting revenue greater than $528 million and Adjusted EBITDA greater than $217 million.
  • Grindr's Board of Directors authorized a $400 million increase to its common stock repurchase program, extending it to March 2029. This is in addition to approximately $50 million remaining from the previous program.
  • A Cooperation Agreement was entered into on February 26, 2026, with G. Raymond Zage, III, the largest stockholder and a Board member, which includes standstill restrictions for 18 months.
Feb 26, 2026, 9:20 PM