Grindr Inc. (GRND) Income Statement
GRND 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsGRND revenue and net income
Where GRND's revenue goes
2025Each bar shows an amount and its share of revenue. GRND kept 21.5% of revenue as net income.
GRND profit margins
GRND growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +27.6% | +31.1% | +33.3% | — |
| Gross profit | +23.9% | +30.4% | +34.2% | — |
| Operating income | +36.4% | +113.2% | — | — |
| Net income | — | +380.9% | — | — |
| EPS (diluted) | +109.1% | — | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
GRND quarterly EPS vs estimates
Grindr beat the analyst EPS estimate in 5 of the last 8 quarters. Next report: November 5, 2026 (estimate $0.16).
GRND income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|
| Revenue | $439.9M | $344.6M | $259.7M | $195.0M | $145.8M | $104.5M | $108.7M |
| Cost of revenue | $121.4M | $87.6M | $67.5M | $51.3M | $37.4M | $31.4M | $27.5M |
| Gross profit | $318.5M | $257.1M | $192.2M | $143.7M | $108.5M | $73.0M | $81.2M |
| Research & development | $48.9M | $36.4M | $29.3M | $17.9M | $10.9M | $15.4M | $11.4M |
| Sales, general & admin | $143.3M | $113.6M | $80.4M | $75.3M | $30.6M | $31.3M | $32.6M |
| Total operating expenses | $192.2M | $164.5M | $136.8M | $130.7M | $84.8M | $73.9M | $71.0M |
| Operating income | $126.3M | $92.6M | $55.4M | $13.0M | $23.7M | −$907,000 | $10.1M |
| Interest expense | $17.6M | $25.6M | $46.0M | $31.5M | $18.7M | — | $38,000 |
| Income before taxes | $118.6M | −$118.3M | −$51.7M | −$7,000 | $6.3M | −$10.5M | $10.1M |
| Income taxes | $23.9M | $12.7M | $4.0M | −$859,000 | $1.2M | $2.6M | $2.4M |
| Net income | $94.8M | −$131.0M | −$55.8M | $852,000 | $5.1M | −$13.1M | $7.7M |
| EBITDA | $145.1M | $110.8M | $21.3M | $69.0M | $68.2M | $27.0M | $37.2M |
| EPS (diluted) | $0.46 | $0.22 | −$0.32 | −$0.23 | $0.67 | −$0.60 | — |
| Gross margin | 72.4% | 74.6% | 74.0% | 73.7% | 74.4% | 69.9% | 74.7% |
| Operating margin | 28.7% | 26.9% | 21.4% | 6.7% | 16.3% | −0.9% | 9.3% |
| Net margin | 21.5% | −38.0% | −21.5% | 0.4% | 3.5% | −12.5% | 7.1% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $138.1M | $129.9M | $126.0M | $115.8M | $104.2M | $93.9M | $97.6M | $89.3M | $82.3M | $75.3M | $72.1M | $70.3M |
| Cost of revenue | $34.6M | $32.6M | $32.7M | $28.9M | $27.4M | $24.5M | $24.0M | $22.9M | $21.0M | $19.6M | $18.3M | $18.2M |
| Gross profit | $103.6M | $97.3M | $93.2M | $86.8M | $76.8M | $69.4M | $73.6M | $66.4M | $61.3M | $55.7M | $53.8M | $52.0M |
| Research & development | $20.3M | $15.9M | $14.6M | $11.1M | $12.9M | $10.3M | $14.1M | $8.8M | $7.8M | $5.7M | $8.2M | $13.3M |
| Sales, general & admin | $49.9M | $37.7M | $47.3M | $29.3M | $36.5M | $30.2M | $37.2M | $25.0M | $24.8M | $27.9M | $25.6M | $16.4M |
| Total operating expenses | $71.1M | $54.6M | $61.9M | $41.6M | $52.5M | $44.0M | $53.2M | $38.0M | $36.8M | $36.5M | $37.4M | $35.4M |
| Operating income | $32.5M | $43.0M | $31.3M | $45.2M | $24.3M | $25.4M | $20.4M | $28.4M | $24.6M | $19.3M | $16.4M | $16.6M |
| Interest expense | $6.5M | $6.6M | $5.5M | $4.7M | $3.6M | $3.9M | $5.4M | $6.4M | $6.7M | $7.2M | $10.3M | $12.0M |
| Income before taxes | $22.9M | $35.9M | $25.8M | $39.9M | $21.3M | $31.6M | −$124.4M | $30.3M | −$17.5M | −$6.7M | −$43.5M | $835,000 |
| Income taxes | $5.1M | $9.2M | $5.6M | $9.1M | $4.7M | $4.6M | −$527,000 | $5.6M | $5.0M | $2.7M | $1.3M | $1.3M |
| Net income | $17.7M | $26.8M | $20.3M | $30.8M | $16.6M | $27.0M | −$123.9M | $24.7M | −$22.4M | −$9.4M | −$44.8M | −$437,000 |
| EBITDA | $30.3M | $30.3M | $32.4M | $45.8M | $27.9M | $38.9M | $22.4M | $40.9M | −$6.6M | $4.6M | $30.7M | $18.6M |
| EPS (diluted) | $0.10 | $0.14 | $0.11 | $0.17 | $0.08 | $0.10 | $0.09 | $0.10 | $0.08 | −$0.05 | −$0.26 | −$0.00 |
| Gross margin | 75.0% | 74.9% | 74.0% | 75.0% | 73.7% | 73.9% | 75.4% | 74.3% | 74.5% | 74.0% | 74.6% | 74.0% |
| Operating margin | 23.5% | 33.1% | 24.9% | 39.1% | 23.4% | 27.0% | 20.9% | 31.8% | 29.8% | 25.6% | 22.7% | 23.6% |
| Net margin | 12.8% | 20.6% | 16.1% | 26.6% | 16.0% | 28.8% | −126.9% | 27.6% | −27.2% | −12.5% | −62.1% | −0.6% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in GRND's financial statements (latest annual report filed March 2, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
GRND financial results
In fiscal year 2025 (ended December 31, 2025), Grindr reported revenue of $439.9 million, up 27.6% from the year before. It had net income of $94.8 million, a net profit margin of 21.5%. Diluted earnings per share came to $0.46. Over five years revenue grew at an average rate of 33.3% a year.
See the GRND stock overview for the latest quote and news, or the GRND chart for price history and technical indicators.
GRND income statement FAQ
What is Grindr's annual revenue?
Grindr reported total revenue of $439.9 million for fiscal year 2025, which ended on December 31, 2025. That was up 27.6% from $344.6 million the previous year.
Is Grindr profitable?
Yes. Grindr reported net income of $94.8 million in fiscal 2025, a net profit margin of 21.5%; its operating margin was 28.7%.
What is Grindr's gross margin?
Grindr's gross margin was 72.4% in fiscal 2025: for every $100 of revenue, Grindr kept $72 after the direct cost of its products and services.
How much does Grindr spend on research and development?
Grindr spent $48.9 million on research and development in fiscal 2025, 11.1% of revenue.
How fast is Grindr growing?
Revenue grew 33.3% a year on average over the last five fiscal years, from $104.5 million to $439.9 million.
What are Grindr's earnings per share?
Grindr earned $0.46 per diluted share in fiscal 2025, compared with $0.22 a year earlier.
When will Grindr report its next earnings?
Grindr is expected to report results for the quarter ending September 30, 2026 on November 5, 2026 after the market closes.
When does Grindr's fiscal year end?
Grindr's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on March 2, 2026.