GRND · NYSE · Software - Application

Grindr

Location-based social networking for gay, bisexual, and sexually explorative adults.

$15.59
After-hours close+0.01 (+0.06%)
At close$15.58(+1.50%)
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Profile

Grindr Inc.GRNDInformation Technology

Runs a location-based social network for gay, bisexual, and sexually explorative adults, monetized mainly through XTRA and Unlimited subscriptions, premium add-ons, and advertising. The globally used platform operates as one segment and relies on Apple and Google for app distribution and most consumer payments.

Operates a location-based social-networking app primarily for gay, bisexual, and sexually explorative adults, with profiles, nearby discovery, filters, chat, media sharing, and safety tools. The free service earns advertising revenue; Grindr XTRA and Grindr Unlimited subscriptions plus premium add-ons sell broader access and user controls. Most revenue comes from the United States, alongside a substantial international user and revenue base.

Builds engagement around its grid-style discovery interface, messaging, and a global network sustained largely through organic user acquisition. Woodwork by Grindr extends the brand into telehealth through a clinical partner. The business reports as one operating segment. Distribution and substantially all direct consumer payments depend on Apple's App Store and Google Play, while privacy, online-safety, and healthcare rules govern sensitive user data and Woodwork's telehealth model.

Company facts

CEOGeorge Arison
ListedNov 18, 2022
ExchangeNYSE
HeadquartersWest Hollywood, CA
CountryUnited States
Employees165
CIK0001820144
ISINUS39854F1012

Key statistics

Market cap$2.77B
EPS (ttm)$0.5100
P/E (ttm)30.57
ROE357.1%
P/B−234.76
P/S5.43
Dividend yield
Beta0.58vs XLK −0.30

Year to date +17.1% · Average volume (30d) 1.6M

Analysts

Price target, next 12 months$19.00+21.9%Median of 7 analysts · vs the Aug 28 close
ConsensusBuy7 of 7 analysts rate it buy or better

Ratings

Target range

Latest analyst notes

DateFirmActionPrior ratingRatingPrior targetTarget
Aug 7, 2026Goldman SachsReiterateBuy$19
Aug 7, 2026Morgan StanleyReiterateOverweight$18$20
Jul 1, 2026Morgan StanleyUpgradeEqual WeightOverweight$14$18
May 8, 2026Raymond JamesTarget$22$18
Feb 24, 2026Morgan StanleyTarget$14

Earnings

EPS

Estimate$0.16
ReportedDue Nov 5, 2026

Revenue

Estimate$135.8M
ReportedDue Nov 5, 2026

History

Report dateEPS estEPSSurpriseRevenue estRevenueSurpriseNext session
Aug 6, 2026Q2 FY26$0.16$0.10−35.5%$132.5M$138.1M+4.3%−3.32%
May 7, 2026Q1 FY26$0.13$0.14+7.7%$119.4M$129.9M+8.8%+9.27%
Feb 26, 2026Q4 FY25$0.12$0.10−16.7%$122.0M$126.2M+3.4%−2.82%
Nov 6, 2025Q3 FY25$0.12$0.16+33.3%$122.0M$115.8M−5.1%+11.04%
View details

Financial highlights

12 quartersQ1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$93.9M$104.2M$115.8M$126.0M$129.9M$138.1M
Gross profit$69.4M$76.8M$86.8M$93.2M$97.3M$103.6M
Operating income$25.4M$24.3M$45.2M$31.3M$43.0M$32.5M
Net income$27.0M$16.6M$30.8M$20.3M$26.8M$17.7M
Diluted EPS$0.14$0.08$0.16$0.11$0.14$0.10
Gross margin73.9%73.7%75.0%74.0%74.9%75.0%
Operating margin27.0%23.4%39.1%24.9%33.1%23.5%

Fiscal years (4-quarter sums)FY21 $145.8M · FY22 $195.0M · FY23 $259.7M · FY24 $344.6M · FY25 $439.9M

Revenue by product · Q2 FY26

Advertising$24.9M · 100%

Revenue by geography · Q2 FY26

United States$78.8M · 57%
Non-US$59.4M · 43%

Balance sheet, Jun 30, 2026Cash & short-term investments $6.5M · Total debt $389.6M · Total assets $462.8M · Shareholders' equity −$11.7M

Dividends

No dividends on record.

Ownership

Institutions 23.19%41.21M sharesInsiders 12.29%21.85M sharesOther 64.52%114.67M shares

Shares outstanding 177.73M · Float 34.19M · 19.2% free float

A Form 4 total here can count shares the filer formally disclaims — an award voted by proxy, for instance — which the holder's own Schedule 13D/G excludes, so where the two disagree the schedule's smaller figure is used.

Top shareholders13F · 13D/G · Form 4

HolderShares% outstandingFormFiled
Zage George Raymond III95.44M54.90%13DAug 11, 2026
Longview Capital Group Limited22.40M12.10%13DNov 26, 2025
James Fu Bin Lu17.42M9.80%13GMay 12, 2026
Lu James Fu Bin · 10 percent owner17.42M9.80%Form 4Feb 6, 2026
Brest Jeremy11.71M6.30%13DMar 25, 2026

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Aug 19, 2026Daniel Brooks Baerdirector−3,500$15.65
Aug 17, 2026Zachary Katzofficer: CLO and Head of Global Affairs−10,172$15.83
Aug 3, 2026Zachary Katzofficer: CLO and Head of Global Affairs−12,979$17.89
Jul 16, 2026Zachary Katzofficer: CLO and Head of Global Affairs−10,172$15.95
Jul 1, 2026Zachary Katzofficer: CLO and Head of Global Affairs−12,800$16.28
View details

Peers

  • Match Group

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  • Bumble

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  • Hello Group (ADR)

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  • Meta

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CompareAfter-hours close

CompanyPriceChange
Grindr$15.59+0.06%$2.77B30.622.75.4+32.5%
Match Group$41.58+0.02%$9.70B14.912.42.8−1.2%
Bumble$2.73+0.18%$356.1M3.50.4−15.2%
Hello Group (ADR)$5.66−0.88%$933.3M8.70.6−0.4%
Meta$578.36+0.06%$1.47T21.819.06.5+28.0%
Median14.912.41.7−0.8%