Grindr Q2 revenue, adjusted EBITDA beat estimates; lifts FY outlook
GRND•Full-year outlook raised
The company raised its full-year 2026 guidance, now expecting revenue of about $540 million and adjusted EBITDA of about $232 million.
Grindr said the improved outlook reflects strong user engagement and product enhancements.
Q2 results beat estimates
Grindr reported second-quarter 2026 revenue of $138.14 million, up 33% year over year and above analyst expectations of $132.44 million. Adjusted EBITDA also beat estimates at $57.64 million versus $55.39 million expected, with an adjusted EBITDA margin of 41.7%.
Net income for the quarter was $17.74 million.
Analyst view and valuation
The current average analyst rating on the shares is buy, with 5 strong buy or buy ratings, no hold ratings, and no sell or strong sell ratings.
The average consensus recommendation for the software peer group is . Wall Street's median 12-month price target for Grindr Inc is , about above its August 5 closing price of . The stock recently traded at the next 12-month earnings, versus a P/E of three months ago.
