Grindr Inc. (GRND) AI Stock Analysis

Grindr Inc. functions as a social networking platform specifically designed for the LGBTQ community, facilitating connections and interactions among gay, bi, trans, and queer individuals worldwide. Users can engage with one another, share content, and express themselves freely on the platform. Grindr offers a free, ad-supported service alongside a premium subscription tier, providing members with options to access additional features and enhance their user experience. Founded in 2009 and headquartered in West Hollywood, California, the company combines social networking with global advocacy for LGBTQ rights and visibility.

Grindr increased revenue from $145.8M in FY2021 to $439.9M in FY2025, supported by a 5-year revenue CAGR of 33.3%. Operating margin widened from 16.3% in FY2021 and 6.7% in FY2022 to 28.7% in FY2025, while gross margin stood at 72.4% in FY2025. After net losses of -$55.8M in FY2023 and -$131.0M in FY2024, net income recovered to $94.8M in FY2025. For the trailing twelve months, revenue reached $509.8M with a profit margin of 18.8%. In the latest quarter ended June 30, 2026, quarterly revenue growth was 32.5% year-over-year and quarterly earnings growth was 25.0%.

As of June 30, 2026, Grindr held $6.5M in cash and short-term investments against total debt of $389.6M, resulting in net debt of $383.1M. Shareholders' equity was -$11.7M, reflecting negative equity, while total assets were $462.8M and the current ratio was 1.10. Cash flow generation remained positive, with operating cash flow of $141.5M and free cash flow of $140.8M in FY2025. Capital expenditures totaled $746,000, while share buybacks absorbed $450.5M in FY2025.

Grindr trades at a trailing price-to-earnings multiple of 30.0x, above the median of its US-listed Technology peers of 28.1x. Its price-to-sales multiple is 4.8x compared to the peer median of 2.8x, and its enterprise value to EBITDA ratio is 20.2x against 16.6x for peers. Over the past year, the stock gained 10.7%, trailing the S&P 500 return of 16.8%. Over five years, Grindr returned 39.2% compared to 83.0% for the S&P 500.

Wall Street coverage consists of 2 Strong Buy and 3 Buy ratings, with 0 Hold, 0 Sell, and 0 Strong Sell ratings. The mean price target of $20.80 implies upside of 47.6% above the last close of $14.09. For the fiscal year ending December 31, 2026, analysts estimate EPS of $0.60 on revenue of $542.6M. Grindr beat EPS estimates in 2 of the last 4 quarters, and its next earnings date is November 5, 2026.

This page is an AI-written research summary of Grindr Inc. (GRND). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

Related: GRND income statement, GRND balance sheet, GRND key metrics, GRND analyst forecast, GRND chart. See the GRND stock overview for the latest quote and news.