Grindr (GRND) Q3 FY2026 earnings: revenue $141 million, up 22.1% on the year

Grindr Inc. (GRND) reported revenue of $141 million for Q3 FY2026, the quarter ended 30 September 2026, up 22.1% on the same quarter a year earlier. Net income was -$7 million, and diluted earnings per share $-0.04. The figures are the company's own, from the 10-Q it filed with the SEC on 6 November 2026.

Revenue

$141 million

+22.1% on the year · +2.3% on the quarter

Q4 FY2024Q3 FY2026

Operating margin

2.9%

39.1% a year earlier

Q4 FY2024Q3 FY2026

Net income

-$7 million

Q4 FY2024Q3 FY2026

Diluted EPS

-$0.04

Q4 FY2024Q3 FY2026

this quarterthe same quarter a year earlierHover a bar for its figure.

What management said

Guidance figures: 2 raised, 9 new.

Revenue rose 22% to $141M: Revenue was $141 million, up from $116 million a year earlier. Nine-month revenue was $409 million, up from $314 million in the same period of 2025.
Adjusted EBITDA rose 13%: Adjusted EBITDA was $61.7 million, a 43.7% margin, compared with $54.8 million a year earlier. Nine-month Adjusted EBITDA was $177.9 million.
Operating income fell on settlement: Operating income was $4 million, or 2.9% of revenue, against $45 million a year earlier. Excluding litigation and transaction costs it was $40.6 million, a 28.7% margin.

Read the earnings call summary

Income statement (profit and loss)

$ million	Q3 FY2026	Q2 FY2026	Q3 FY2025	On the quarter	On the year
Revenue	141	138	116	+2.3%	+22.1%
Cost of revenue	34.6	34.6	28.9	+0.1%	+19.6%
Gross profit	107	104	86.8	+3.1%	+23.0%
Gross margin	75.5%	75.0%	75.0%
Research and development	20.5	20.3	11.1	+1.1%	+85.2%
Selling, general and administrative	80.4	49.9	29.3	+61.2%	+174.7%
Operating income	4.1	32.5	45.2	-87.4%	-91.0%
Operating margin	2.9%	23.5%	39.1%
Pre-tax income	-7.5	22.9	39.9
Income tax	-0.9	5.1	9.1
Effective tax rate	n/a	22.5%	22.8%
Net income	-6.6	17.7	30.8
Net margin	-4.7%	12.8%	26.6%
Diluted EPS	-$0.04	$0.10	$0.16

$ million except per share.

Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.

Cash flow

$ million	Q3 FY2026	Q2 FY2026	Q3 FY2025	On the quarter	On the year
Operating cash flow	51.2	40.8	55.4	+25.5%	-7.6%
Capital expenditure	0.8	0.0	0.2		+300.0%
Free cash flow	50.4	40.8	55.2	+23.5%	-8.8%
Free cash flow margin	35.6%	29.5%	47.7%
Cash from investing	-0.4	-6.8	-4.2
Cash from financing	-8.5	-51.3	-166
Depreciation and amortisation	1.8	0.9	1.3	+100.2%	+42.0%
Share-based compensation	19.3	20.6	6.0	-6.5%	+220.5%
Buybacks	0.0	0.0	160
Diluted shares, weighted	174m	179m	193m	-2.8%	-9.7%
Shares outstanding at period end	174m	174m	184m	-0.1%	-5.9%

Cash flow lines for the quarter; where the company files them year to date, the quarter is the difference between two filings.

Balance sheet

$ million	Q3 FY2026	Q2 FY2026	Q3 FY2025	On the quarter	On the year
Shareholders' equity	-0.9	-11.7	71.0
Debt	382	386	280	-1.2%	+36.3%
Operating lease liabilities	3.6	1.9	0.7	+87.0%	+432.1%
Other liabilities	130	86.3	87.7	+50.8%	+48.6%
Total liabilities and equity	514	463	439	+11.1%	+17.1%
Fixed assets	1.5	0.8	1.5	+89.0%	+1.4%
Goodwill	276	276	276	0.0%	0.0%
Intangible assets	65.8	65.8	65.8	0.0%	-0.0%
Cash and equivalents	49.4	6.5	6.3	+659.9%	+681.2%
Receivables	71.2	69.7	58.8	+2.2%	+21.0%
Other assets	50.8	44.4	31.0	+14.5%	+63.7%
Total assets	514	463	439	+11.1%	+17.1%

Questions

What was Grindr's revenue in Q3 FY2026?

Grindr (GRND) reported revenue of $141 million for Q3 FY2026, the quarter ended 30 September 2026, up 22.1% on the same quarter a year earlier.

How much did Grindr earn in Q3 FY2026?

Net loss for Q3 FY2026 was $7 million, and the diluted loss per share $0.04.

When did Grindr report Q3 FY2026 results?

Grindr filed its 10-Q for the quarter ended 30 September 2026 with the SEC on 6 November 2026.

Quarterly results, the last 19 quarters

	Q1 FY2022	Q2 FY2022	Q3 FY2022	Q4 FY2022 *	Q1 FY2023	Q2 FY2023	Q3 FY2023	Q4 FY2023 *	Q1 FY2024	Q2 FY2024	Q3 FY2024	Q4 FY2024 *	Q1 FY2025	Q2 FY2025	Q3 FY2025	Q4 FY2025 *	Q1 FY2026	Q2 FY2026	Q3 FY2026
Revenue	43.5	46.6	50.4	54.5	55.8	61.5	70.3	72.1	75.3	82.3	89.3	97.6	93.9	104	116	126	130	138	141
Cost of revenue	11.7	12.1	13.0	14.5	14.8	16.1	18.2	18.3	19.6	21.0	22.9	24.0	24.5	27.4	28.9	31.7	32.6	34.6	34.6
Gross profit	31.8	34.5	37.4	40.0	41.0	45.4	52.0	53.8	55.7	61.3	66.4	73.6	69.4	76.8	86.8	94.3	97.3	104	107
Gross margin	73%	74%	74%	73%	73%	74%	74%	75%	74%	74%	74%	75%	74%	74%	75%	75%	75%	75%	76%
R&D	3.6	4.2	4.2	5.9	5.5	6.2	13.3	4.4	5.7	7.8	8.8	10.5	10.3	12.9	11.1	14.6	15.9	20.3	20.5
SG&A	10.4	23.2	20.3	21.4	18.9	17.2	16.4	27.9	26.6	24.8	25.0	38.4	30.2	36.5	29.3	47.3	37.7	49.9	80.4
Operating income	8.8	-2.0	3.9	2.4	8.6	13.9	16.6	16.4	19.3	24.6	28.4	20.4	25.4	24.3	45.2	31.3	42.7	32.5	4.1
Operating margin	20%	-4%	8%	4%	15%	23%	24%	23%	26%	30%	32%	21%	27%	23%	39%	25%	33%	24%	3%
Pre-tax income	5.8	-5.3	-1.2	0.7	-17.4	8.3	0.8	-43.5	-6.7	-17.5	30.3	-124	31.6	21.3	39.9	25.8	35.9	22.9	-7.5
Tax rate	22%	n/a	n/a	-633%	n/a	-170%	152%	n/a	n/a	n/a	18%	n/a	14%	22%	23%	22%	26%	22%	n/a
Net income	4.5	-4.3	-4.7	5.3	-32.9	22.3	-0.4	-44.8	-9.4	-22.4	24.7	-124	27.0	16.6	30.8	20.3	26.8	17.7	-6.6
Net margin	10%	-9%	-9%	10%	-59%	36%	-1%	-62%	-12%	-27%	28%	-127%	29%	16%	27%	16%	21%	13%	-5%
Diluted EPS	$0.03	-$0.03	-$0.03	$0.04	-$0.19	$0.13	$0.00	-$0.26	-$0.05	-$0.13	$0.09	n/a	$0.09	$0.08	$0.16	$0.10	$0.14	$0.10	-$0.04
Operating cash flow	14.0	13.9	9.0	13.8	8.5	6.3	8.3	13.0	20.4	15.8	29.1	29.5	23.8	37.5	55.4	24.8	33.5	40.8	51.2
Capital expenditure	0.1	0.1	0.1	0.1	0.0	0.1	0.1	0.3	0.2	0.2	0.3	0.2	0.1	0.2	0.2	0.2	0.0	0.0	0.8
Free cash flow	13.9	13.7	8.9	13.8	8.5	6.2	8.2	12.8	20.3	15.7	28.8	29.3	23.7	37.3	55.2	24.5	33.4	40.8	50.4
Buybacks	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	0.0	0.0	0.0	0.0	132	159	160	0.0	0.0	0.0	0.0
Shares outstanding	174m	174m	175m	174m	174m	174m	174m	175m	175m	176m	176m	177m	200m	193m	184m	185m	177m	174m	174m
Filing	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-Q

Each quarter as filed, linked to its filing.

* The fourth quarter is the full year less the first three quarters, because the company files the year and not the quarter on its own. A blank figure marked on a quarter is one the filings do not give on their own: the quarters as filed do not add to the year the company filed, or the year and its quarters stand on different share counts. Each quarter's page says which. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and the share count are as they are. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Cash flow lines filed year to date are the difference between two filings. Shares outstanding are at the period end where the balance sheet tags them, otherwise the count on the filing's cover page. A derived fourth-quarter EPS is left blank when a split in the year makes the arithmetic meaningless.

10-Q for the period ended 30 September 2026, filed 6 November 2026: the filing.