Grindr Inc
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Price history
Chart
Interactive price chart (TradingView).
52-week range: 9.90 $ to 17.90 $ · Last price: 15.50 $ (As of: September 17, 2026)
Key figures
Key figures at a glance
Every figure we hold for this stock, grouped by topic. The question mark next to a label explains what the number means.
Basics
Performance
Technical Indicators
Calculated from the price history · as of 09/18/2026
Valuation
Profitability
Balance Sheet & Safety
Growth
Dividend
This stock currently pays no dividend.
Quality & Screener
Comparison
Industry comparison
The stock alongside the largest companies in the same group. The median row is the middle value of the companies shown above — not of the whole industry.
Industry: Software - Application
| Company | Market cap ($B) | P/E | EV/EBITDA | Gross Margin % | EBIT Margin % | Sales Growth (Year) % | Perf. 1Y % |
|---|---|---|---|---|---|---|---|
| Grindr Inc GRND | 2.8 | 36.6 | 20.1 | 74.9 | – | 27.6 | -0.6 |
| Salesforce.com Inc CRM | 194.7 | 24.2 | 14.3 | 77.3 | 21.8 | 9.6 | 1.1 |
| Uber Technologies Inc UBER | 144.3 | 18.9 | 19.7 | 40.8 | 14.6 | 18.3 | -23.8 |
| ServiceNow Inc NOW | 138.5 | 82.3 | 40.2 | 74.8 | 13.3 | 20.9 | -27.2 |
| Snowflake Inc. SNOW | 115.4 | – | -76.6 | 67.0 | -22.2 | 29.2 | 55.3 |
| Automatic Data Processing Inc ADP | 108.8 | 25.1 | 16.4 | 48.7 | 30.2 | 7.1 | -3.0 |
| Adobe Systems Incorporated ADBE | 99.2 | 14.3 | 9.8 | 89.3 | 35.3 | 10.5 | -30.2 |
| Intuit Inc INTU | 86.0 | 20.0 | 12.2 | 81.0 | 47.0 | 15.6 | -52.2 |
| Datadog Inc DDOG | 84.3 | 631.8 | 268.8 | 79.5 | 0.8 | 27.7 | 75.8 |
| Median of companies shown | 108.8 | 24.6 | 16.4 | 74.9 | 18.2 | 18.3 | -3.0 |
Based on the most recently reported figures. Only stocks from the same trading venue are lined up, so the market caps are counted in one currency. Compare in a chart →
Fiscal years
Annual Figures
Fiscal years from the audited annual reports, oldest first. EBIT is the operating profit before interest and taxes; total assets are everything the company owns.
Revenue, operating income and net income per fiscal year $M
Revenue Operating income Net income
| Fiscal Year | Revenue ($M) | EBIT ($M) | Net Income ($M) | EPS ($) | Operating Cash Flow ($M) | Equity ($M) | Total Assets ($M) |
|---|---|---|---|---|---|---|---|
| 2019 | 109 | 10 | 8 | 0.05 | 38 | – | – |
| 2020 | 104 | -1 | -13 | -0.38 | 26 | 256 | 504 |
| 2021 | 146 | 24 | 5 | 0.03 | 34 | 263 | 450 |
| 2022 | 195 | 13 | 1 | 0.01 | 51 | 4 | 439 |
| 2023 | 260 | 55 | -56 | -0.32 | 36 | -18 | 445 |
| 2024 | 345 | 93 | -131 | -0.74 | 95 | -132 | 479 |
| 2025 | 440 | 126 | 95 | 0.49 | 142 | 47 | 531 |
Quarters
Quarterly Figures
Each bar is one quarter, the last one is the most recent. Use the switch to step through the individual figures.
Revenue & Profit
Cash Flow
Balance Sheet
Margins
Per Share
Click the chart or tab into it, then use ← and → to step through the periods.
None of the selected stocks reports this metric. Pick another metric or switch between annual and quarterly.
· Total · per year
These companies report in different currencies — switch on “Indexed” or pick a margin for a fair comparison.
The figures could not be loaded right now.
Source: fundamental data
| Quarter | EPS (Earnings Per Share) | EPS YoY (%) | Sales ($M) | Sales YoY (%) | Net Margin (%) | OCF ($M) | FCF ($M) |
|---|---|---|---|---|---|---|---|
| 2024: Q4 | -0.70 | – | 98 | 35.40 | -126.90 | 30 | 28 |
| 2025: Q1 | 0.09 | – | 94 | 24.70 | 28.80 | 24 | 23 |
| 2025: Q2 | 0.08 | – | 104 | 26.60 | 16.00 | 38 | 37 |
| 2025: Q3 | 0.16 | 16.80 | 116 | 29.60 | 26.60 | 55 | 51 |
| 2025: Q4 | 0.11 | – | 126 | 29.00 | 16.10 | 24 | 23 |
| 2026: Q1 | 0.14 | 55.60 | 130 | 38.30 | 20.60 | 34 | 33 |
| 2026: Q2 | 0.10 | 25.00 | 138 | 32.50 | 12.80 | 41 | 41 |
What Do These Terms Mean?
- EPS (Earnings Per Share):
- Quarterly profit divided by the total share count — how much of the profit works out to a single share.
- YoY (Year over Year):
- Change versus the same quarter a year ago — this is how you compare without seasonal distortion (e.g. the holiday shopping season).
- Sales:
- All revenue for the quarter, before any costs are deducted — the top line of the income statement.
- Net Margin:
- What percentage of sales is left over as profit in the end. Negative means the company is posting a loss.
- OCF (Operating Cash Flow):
- The cash that actually flows into the till from the core business during the quarter — harder to dress up than book profit.
- FCF (Free Cash Flow):
- Operating cash flow minus capital expenditures — the money that's genuinely free to use, say for paying down debt, buybacks, or dividends.
Screening
Appears in These Scanners
This stock currently matches 6 of our scanner strategies — each hit links to the scanner.
Growth
Quality & Balance Sheet
Momentum & Trend
Only genuine hits from verified scanners count; pure ranking metrics (P/E, P/S, and similar, which just sort the whole universe) don't count as a hit. View all scanners
Outlook
Analysts & Price Target
Combined picture of the price targets and recommendations of every analyst covering the stock. Price targets are expectations for the next 12 months, not promises — and they often follow the price rather than predict it.
Distribution of Recommendations
Estimates by Fiscal Year
| Fiscal Year | EPS Estimate ($) | EPS Range ($) | Revenue Estimate ($M) | Expected Growth | Analysts |
|---|---|---|---|---|---|
| 12/31/2026 | 0.60 | 0.60 – 0.60 | 543 | 27.9% | 1 |
| 12/31/2027 | 0.77 | 0.77 – 0.77 | 636 | 28.3% | 1 |
Average of the analyst estimates for the coming fiscal years. The range shows how far the most optimistic and the most cautious estimate sit apart — the wider it is, the less certain the expectation.
Valuation
What is priced in?
Instead of guessing what the stock is worth, we turn the question around: what free cash flow growth has to happen for today’s market value to add up? The assumptions behind it can be moved.
Today’s market value implies roughly 6.7% growth in free cash flow per year over ten years (assumptions: discount rate 10.0%, terminal growth 2.5%).
| Free cash flow (last twelve months) | $148.8M |
|---|---|
| Market cap | $2.76B |
| Free cash flow in year ten | $284.5M |
| Terminal value as a share of market value | 54.3% |
For comparison: over the past five years free cash flow grew by 40.6% per year.
It shows which assumption is built into today’s price, not whether that assumption will hold. Every assumption can be changed with the sliders; the figures move with them.
A simplified model calculation — not a forecast and not a recommendation.
AI classification
AI Rating
Grindr setzt Künstliche Intelligenz und maschinelles Lernen laut 10-K operativ in Produkten, Diensten und Abläufen ein und verfolgt das erklärte Ziel, ein „AI-natives" Unternehmen zu werden. Dafür baut die Firma eine eigene Grundlage namens „Grindr AI" (gAI) aus Datenmodell-, Architektur- und Anwendungsschicht auf. Der operative KI-Einsatz ist damit klar belegt, eine eigenständige, ausgewiesene KI-Umsatzquelle weist Grindr in den Filings aber (noch) nicht aus — deshalb greift „nutzt" vor „verkauft".
View the full file — quotes, sources, reviewed filings
„We use artificial intelligence and machine learning in our products, services, and operations in furtherance of our goal to become an AI-native company."
Wir setzen Künstliche Intelligenz und maschinelles Lernen in unseren Produkten, Diensten und Abläufen ein, um unser Ziel voranzutreiben, ein KI-natives Unternehmen zu werden.
10-K · 2026-03-02 · View SEC filing
„We are building a foundation that we refer to as Grindr AI (“gAI”), consisting of a data model layer, technical architecture layer, and a consumer application layer, in order to deliver an enhanced, high-impact user experience."
Wir bauen eine Grundlage auf, die wir als Grindr AI („gAI“) bezeichnen und die aus einer Datenmodell-Schicht, einer technischen Architektur-Schicht und einer Verbraucher-Anwendungsschicht besteht, um ein verbessertes, wirkungsvolles Nutzererlebnis zu liefern.
10-K · 2026-03-02 · View SEC filing
Rated on July 10, 2026 · How the Rating Is Built
Earnings calls
What the Earnings Calls Reveal
Grindr beat its own annual outlook in every fiscal year we reviewed: guidance of more than 23 percent revenue growth for 2024 turned into 33 percent, an initial 24 percent for 2025 turned into 28 percent, and the 2026 outlook was already raised in the first quarter. The 500 million dollar buyback announced on the 2024-Q4 call was about 450 million dollars executed within a year and was then expanded by another 400 million. We checked every dated commitment from nine calls one by one: none is demonstrably broken. Nor was the user metric redefined, the CEO had explained device-based counting before the figure became less frequent. What remains is thinner reporting outside the financials: monthly active users have appeared only once a year since the 2025-Q4 call, and management has not given a total headcount since the 2024-Q1 call.
User metric now annual, not quarterly
From 2023-Q4 through 2025-Q3, monthly active users appeared in every quarterly report, most recently 15.1 million. Growth slowed over that period from 8 percent to 5.2 percent for full-year 2025. Since the 2025-Q4 call the figure is disclosed annually only, a change the company had already announced in November 2025. The stated reasons are that the quarterly number is not used to run the business internally and that the new cadence matches many listed consumer internet peers. Several facts argue against the obvious suspicion that the metric vanished because it weakened: the CEO had explained device-based rather than profile-based counting on the 2025-Q2 call, before disclosure became less frequent. On the 2025-Q3 call the company additionally published an extensive one-time breakdown of age structure and payer penetration by age group. On the 2025-Q4 call it gave, at the request of analysts, an adjusted figure of 6.1 percent alongside the reported 5.2 percent and quantified the cause as roughly 350,000 additional unwanted accounts removed. On the 2026-Q1 call the quarterly figure is missing as planned, but management quantifies the headwind from age assurance, Malaysia and Indonesia at roughly 400,000 users. What remains: anyone wanting to track user growth quarter by quarter can no longer do so from 2026 onward.
Right Now scaled as announced
On the 2024-Q3 call the CEO named the goal of scaling Right Now by the end of 2025 and said the coming year would not be focused on monetization but on reach and user experience. Both were delivered: by the 2025-Q4 call Right Now was rolled out globally, having reached 17 major cities by the 2025-Q1 call and then close to half of weekly active users. Monetization began earlier than that sentence implied, in select regions per the 2025-Q1 call and faster than planned per the 2025-Q2 call, and was named as a driver of the raised outlook. That is not a broken pledge: the same 2024-Q3 call explicitly flagged significant monetization potential as well, so the statement concerned emphasis, not abstention. The emphasis in 2025 was indeed on expansion, and Right Now stayed available to all users even where it is monetized.
International push keeps being deferred
On the 2023-Q4 call the CFO announced that go-to-market optimizations in key countries would be prioritized to accelerate payer growth, but said in the same breath that the effort was early and that no uplift was factored into the outlook. On the 2024-Q1 call the company said localization would continue but was still early. After that, management deferred the topic openly every time rather than letting it lapse quietly: on the 2025-Q1 call the CEO said there had been virtually no localization of the product ever and that it was not planned for 2025 either. On the 2025-Q3 call he explicitly called international upside outside the three-year plan. On the 2025-Q4 call he said the company had not gone after it purely out of focus, that it would matter more in 2026 and 2027, and listed onboarding, translation and localization as one of four priorities for 2026. That removes the basis for a charge of a quietly dropped commitment. What remains is a growth lever announced and postponed for two and a half years whose execution can be judged for the first time in 2026.
Edge and Woodwork: timing broadly holds
For the Edge premium tier the CEO cited on the 2025-Q3 call a meaningful revenue opportunity beginning in late 2026 and accelerating in 2027, plus a global rollout no earlier than the second half of 2026. On the 2025-Q4 call Edge had been live as a tier in Australia since the fourth quarter of 2025, further price tests followed in the US and other markets, 2027 was the target year, and a global launch in 2026 counted as upside outside guidance. On the 2026-Q1 call a launch in late 2026 or early 2027 is described as possible, with Edge as the main growth driver in 2027. The target year 2027 therefore stood from the outset, and the timeline has slipped by at most one quarter. On the health offering Woodwork, the CEO explicitly warned on the 2025-Q1 call that there would be no meaningful updates for several quarters. On the 2025-Q4 call came thousands of users and patients, more than one product, and its role as the anchor of the health business, together with the remark that further disclosure would not serve the product. On the 2026-Q1 call the name no longer appears, only the Health Center is mentioned. Open for both: no revenue figures given, and neither is in guidance.
Direct ads disappoint, target still met
On the 2024-Q1 call the CFO put advertising at roughly 14 percent of revenue and expected it to stay there. On the 2024-Q4 call the advertising year was called fantastic, up 56 percent, and the 15 percent revenue share target was confirmed. On the 2025-Q2 call the CEO admitted the number of brand advertisers won was well below internal hopes, and on the 2026-Q1 call he named the direct business the thing that had disappointed him most during his time at Grindr, pushing larger direct advertisers out to 2028 and beyond. That does not make the 15 percent target a miss. For 2026 the first full-year direct campaign lifts the advertising share to the mid to high teens according to the CFO, above the promised 15 percent, and ad revenue rose 68 percent in the first quarter of 2026. The ads business grows from roughly 30 million dollars in 2022 to more than 90 million dollars in 2026, and for 2027 the company expects a normalization back to about 15 percent. The disappointment concerns the pace of winning brands, not the promised order of magnitude.
AI dominates, headcount undisclosed
On the 2023-Q4 and 2024-Q1 calls the conversation revolved mostly around user intent, payer penetration and the product roadmap. From the 2025-Q1 call onward AI vocabulary dominates, the 2025-Q2 call introduces a three-layer AI architecture called gAI, and on the 2025-Q4 call the CEO had his opening remarks read by a model trained on his voice. The emphasized metrics shifted in parallel: the 2025-Q4 and 2026-Q1 calls foreground the share of AI-written code at 60 to 70 percent, a 1.5x engineer productivity gain and 2.75 million dollars of revenue per head. The expectation voiced on the 2024-Q1 call of rebuilding headcount to early-2023 levels within two years can be neither confirmed nor refuted from outside: management has given no total headcount since, only 160 US-based employees on the 2025-Q4 call, excluding teams outside the US. Already on the 2023-Q4 call the CEO had said he deliberately did not want to rehire that fast. On the 2026-Q1 call the company says the hiring plan will not be fully filled because of AI productivity, while more people are still needed. What remains open is how large the company actually is today.
Management promises
- 2023-Q4 — 2024 revenue growth of more than 23 percent and an adjusted EBITDA margin of at least 40 percent. Confirmed on the 2024-Q4 call: 33 percent growth to 345 million dollars and a 43 percent margin, 10 and 3 points above the initial guidance. kept
- 2023-Q4 — First investor day on 26 June 2024 in New York, with a long-term product roadmap. Held; the roadmap shown there is used as the benchmark for progress on the 2024-Q3, 2024-Q4 and 2025-Q1 calls. kept
- 2024-Q1 — Expectation of rebuilding headcount to early-2023 levels (around 225 employees) within two years. Not verifiable from outside: management has given no total headcount since the 2024-Q1 call, only 160 US-based employees on the 2025-Q4 call, excluding teams outside the US. Already on the 2023-Q4 call the CEO said he deliberately did not want to rehire that fast. open
- 2024-Q3 — Right Now to be scaled by the end of 2025, with 2025 emphasizing reach rather than monetization. Scaling delivered, Right Now was global by the 2025-Q4 call. Monetization started earlier than expected, but the same 2024-Q3 call had explicitly flagged significant monetization potential, and the product stayed available to all users. kept
- 2024-Q4 — First product outside the core app, in health and wellness, to start as a beta within the coming months. Presented as a soft beta named Woodwork on the 2025-Q1 call, within the promised window. kept
- 2024-Q4 — Share repurchase of up to 500 million dollars over two years. About 450 million dollars executed by the 2025-Q3 call; on the 2025-Q4 call the program was expanded by 400 million dollars and extended by three years. kept
- 2025-Q1 — Meaningful updates on Woodwork only after several quarters, with nothing from it in the 2025 outlook. Four quarters later, on the 2025-Q4 call, came thousands of users and patients, more than one product and its role as anchor of the health business, plus the remark that further disclosure would not serve the product. Revenue figures are missing, and the name does not appear on the 2026-Q1 call. open
- 2025-Q1 — Raised 2025 outlook: at least 26 percent revenue growth and at least a 43 percent adjusted EBITDA margin. Confirmed on the 2025-Q4 call: 28 percent growth to 440 million dollars, 196 million dollars adjusted EBITDA, a 44 percent margin. kept
- 2025-Q3 — New subscription prices to be rolled out globally from early 2026. The 2025-Q4 call says the rollout is running and should finish in the first half of 2026. The 2026-Q1 call reports lower churn than expected but does not confirm completion of the rollout. open
- 2025-Q3 — The Edge premium tier to deliver meaningful revenue from late 2026 and accelerate in 2027, global launch no earlier than the second half of 2026. On the 2025-Q4 call Edge was live as a tier in Australia and stayed outside guidance; on the 2026-Q1 call a launch in late 2026 or early 2027 is named. The 2027 target year stood from the outset, and the slip is at most one quarter. open
Based on public earnings call transcripts. Reviewed: 9 transcripts 2023-Q4 through 2026-Q1.
Growth
Growth Score
Ten checks against the annual reports — each one passed counts a point.
- Revenue grows by more than 15% a year over three years 31.1%
- More than 10% revenue growth is expected for the coming year 17.2%
- Share count grows by less than 3% a year 6.6%
- Revenue growth plus cash-flow margin add up to at least 40 ("Rule of 40") 59.6%
- Gross margin at 40% or higher and without meaningful erosion 72.4%
- Goodwill from acquisitions does not grow faster than revenue 51.9%
- Net debt below twice EBITDA 2.2 x EBITDA
- Operating cash flow covers the profits of the last three years 365 m
- Return on capital at 15% or higher, or up versus two years ago 28.3%
- Insiders hold at least 10% or are net buyers 82.3%
A criterion without figures counts neither as passed nor as failed; a score is only produced from 7 judgeable criteria upwards. Source: fundamental data. All ten criteria in detail
Quality check
AAQS
7/10The AAQS (AlleAktien Quality Score) checks 10 quality criteria on growth, profitability, and balance-sheet strength — per the methodology developed and published by AlleAktien, calculated by us from our own fundamental data. A stock counts as a quality stock from 9 out of 10 points. Where a company has a shorter listing history, we calculate over the fiscal years available (at least five).
- Sales growth 10Y > 5% 26.2%
- Exp. sales growth 3Y > 5% 20.2%
- EBIT growth 10Y > 5% 52.3%
- Exp. EBIT growth 3Y > 5% 25.1%
- Net debt < 4x EBIT 2.5x
- EBIT positive, 10Y straight 6
- Max. EBIT decline < 50% 100.0%
- Return on equity > 15% –
- ROCE > 15% 28.3%
- Expected return > 10% 31.5%
View stocks with the full AAQS score · Read the methodology at AlleAktien
Source: fundamental data
Insiders
Insider Transactions
Reportable transactions by officers and major shareholders from SEC Form 4 filings. "Other" includes things like stock grants and option exercises without a buy/sell character.
| Date | Person | Role | Type | Shares | Price | Value |
|---|---|---|---|---|---|---|
| Sep 14, 2026 | Katz Zachary | CLO and Head of Global Affairs | Sell | 15,227 | 15.57 | 237,084 |
| Sep 12, 2026 | Katz Zachary | CLO and Head of Global Affairs | Other | 31,546 | 15.28 | 482,023 |
| Aug 31, 2026 | Balance Austin J | Chief Product Officer | Sell | 89,638 | 15.46 | 1,385,803 |
| Aug 31, 2026 | Balance Austin J | Chief Product Officer | Other | 26,304 | 4.20 | 110,477 |
| Aug 19, 2026 | Baer Daniel Brooks | Director | Sell | 3,500 | 15.65 | 54,775 |
| Aug 17, 2026 | Katz Zachary | CLO and Head of Global Affairs | Sell | 10,172 | 15.83 | 161,023 |
| Aug 3, 2026 | Katz Zachary | CLO and Head of Global Affairs | Sell | 12,979 | 17.89 | 232,194 |
| Jul 16, 2026 | Katz Zachary | CLO and Head of Global Affairs | Sell | 10,172 | 15.95 | 162,243 |
The company
About the Company
Grindr Inc. operates a social networking and dating application for the lesbian, gay, bisexual, transgender, and queer (LGBTQ) communities worldwide.
- Employees
- 172
- Headquarters
- West Hollywood, CA
- Address
- 750 North San Vicente Boulevard, 90069 West Hollywood, United States
- Phone
- 310 776 6680
- Website
- grindr.com
- IPO Date
- 01/14/2021
- ISIN
- US39854F1012
Management
| Name | Title | Birth Year |
|---|---|---|
| George Arison | Chairman & CEO | 1979 |
| John F. North III | Chief Financial Officer | 1978 |
| Zachary Katz | Chief Legal Officer, General Counsel & Head of Global Affairs | 1978 |
| Austin J. Balance | Chief Product Officer | 1987 |
| Daniel I. Weinstein | Chief Accounting Officer | 1977 |
| Tolu Adeofe | Head of Investor Relations | – |
| Tristan Pineiro | Chief Marketing Officer | – |
| Joel Keating | Senior Vice President of Engineering | – |
Executives per the latest required filings; titles kept in their original language. Source: fundamental data.
Filings
Company Filings (8-K)
An 8-K is the filing a US company must use to disclose material events immediately — takeovers, changes at the top, major contracts or payment troubles, for instance. The links open the original document at the US Securities and Exchange Commission (SEC).
Data as of: September 17, 2026 · Source: fundamental data & SEC filings (annual and quarterly reports, 10-K/10-Q)
Note: pure fact-based analysis, not investment advice and not a solicitation to buy or sell. All figures without guarantee.