Grindr Q1 Earnings Call Highlights

Grindr (NYSE:GRND) reported a beardown commencement to 2026, with executives saying first-quarter gross roseate 38% year-over-year to $130 cardinal arsenic the institution benefited from app-based gross growth, advertizing spot and caller pricing changes.

CEO George Arison said connected the company’s first-quarter net telephone that Grindr delivered “exceptional results” successful the period, including a 21% nett income borderline and a 45% adjusted EBITDA margin. CFO John North said adjusted EBITDA accrued 44% year-over-year to $58 million.

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“We person present shown repeatedly that erstwhile we amended the product, grow the worth users get from Grindr, and monetize thoughtfully, the concern responds,” Arison said.

Following the first-quarter performance, Grindr raised its full-year outlook. The institution present expects astatine slightest $535 cardinal successful 2026 gross and astatine slightest $227 cardinal successful adjusted EBITDA, representing a $10 cardinal summation from its February outlook for adjusted EBITDA, according to North.

App Revenue, Advertising Drive First-Quarter Growth

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North said the quarter’s show was driven by spot successful halfway app revenue, including pricing changes, amended conversion and retention, and advertising. App-based gross grew 33% year-over-year, portion advertizing gross accrued 68%.

The institution besides highlighted its archetypal ample year-long nonstop advertizing campaign, which North said volition assistance advertizing gross into the “mid to precocious teens” arsenic a percent of full gross for 2026. That summation is occurring adjacent arsenic Grindr moderates immoderate third-party advertisement loads arsenic portion of its efforts to amended idiosyncratic acquisition and ecosystem health.