Match Group Inc. (MTCH) Financials

EPS

Hollow marker is the consensus estimate; filled is the reported figure, colored by beat or miss.

Revenue

Outlined bar is the consensus estimate; solid is reported.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
Q2 26	$0.96	$0.91	-5.2%	—	$853.1M	—
Q1 26	$0.86	$0.97	+12.8%	—	$863.9M	—
Q4 25	$1.02	$1.06	+3.9%	—	$878M	—
Q3 25	$0.91	$0.83	-8.8%	—	$914.3M	—
Q2 25	$0.77	$0.71	-7.8%	—	$863.7M	—
Q1 25	$0.66	$0.68	+3.0%	—	$831.2M	—
Q4 24	$0.83	$0.82	-1.2%	—	$860.2M	—
Q3 24	$0.79	$0.79	0.0%	—	$895.5M	—
Q2 24	$0.73	$0.69	-5.5%	—	$864.1M	—
Q1 24	$0.62	$0.64	+3.2%	—	$859.6M	—
Q4 23	$0.72	$1.08	+50.0%	—	$866.2M	—
Q3 23	$0.54	$0.57	+5.6%	—	$881.6M	—
Q2 23	$0.45	$0.48	+6.7%	—	$829.6M	—
Q1 23	$0.41	$0.42	+2.4%	—	$787.1M	—
Q4 22	$0.46	$0.3	-34.8%	—	$786.2M	—
Q3 22	$0.4	$0.44	+10.0%	—	$809.5M	—

EPS

Reported per-share earnings by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Revenue

Reported revenue by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
FY25	—	$2.53	—	—	$3.5B	—
FY24	—	$2.12	—	—	$3.5B	—
FY23	—	$2.36	—	—	$3.4B	—
FY22	—	$1.28	—	—	$3.2B

Total revenue

Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	$3.1B	$3.3B	$1.7B	$2.1B	$2.4B	$3B	$3.2B	$3.4B	$3.5B	$3.5B
YoY change	-2.82%	+5.33%	-47.7%	+18.6%	+16.6%	+24.8%	+6.89%	+5.51%	+3.41%	+0.22%

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	3.1B	3.3B	1.7B	2.1B	2.4B	3B	3.2B	3.4B	3.5B	3.5B
Cost of revenue	755.7M	651M	410M	527.2M	635.8M	839.3M	960M	954M	991.3M	948.4M
Gross profit	2.4B	2.7B	1.3B	1.5B	1.8B	2.1B	2.2B	2.4B	2.5B	2.5B
Gross margin	75.9%	80.3%	76.3%	74.3%	73.4%	71.9%	69.9%	71.6%	71.5%	72.8%
Research & development	212.8M	250.9M	132M	152M	169.8M	241M	333.6M	384.2M	442.2M	449.5M
Selling, general & administrative	1.8B	2.1B	602.2M	683.6M	791.1M	981.3M	970.4M	999.9M	1.1B	1.1B
Operating expenses	2B	2.4B	734.2M	835.5M	960.9M	1.2B	1.3B	1.4B	1.5B	1.6B
Operating income	242.7M	188.5M	549.5M	645.5M	753.2M	880.2M	881.3M	964.6M	897.5M	911.1M
Operating margin	7.73%	5.7%	31.8%	31.5%	31.5%	29.5%	27.6%	28.7%	25.8%	26.1%
Non-operating income, net	-214.7M	-16.2M	7.5M	-2M	8.3M	-493.6M	-362.1M	-54.8M	-74.5M	-39.5M
Pretax income	-81.1M	67M	462.4M	532.4M	631M	256.1M	377.5M	776.8M	704.1M	746M
Income tax	-64.9M	-291.1M	11.3M	15.1M	43.3M	-19.9M	15.4M	125.3M	152.7M	132.5M
Net income	-16.2M	358M	757.7M	566.5M	221.6M	276.6M	359.9M	651.5M	551.3M	613.5M
Net margin	-0.51%	10.8%	43.8%	27.6%	9.27%	9.27%	11.3%	19.4%	15.8%	17.6%
EBITDA	454.5M	288.7M	593.1M	686.5M	810.4M	911.6M	931.4M	1.1B	1B	1B
EPS	-0.24	1.77	3.48	2.37	0.73	1.01	1.28	2.36	2.12	2.53
Diluted EPS	-0.24	1.47	3.05	2.08	0.66	0.93	1.24	2.26	2.02	2.38

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	881.6M	866.2M	859.6M	864.1M	895.5M	860.2M	831.2M	863.7M	914.3M	878M	863.9M	853.1M
Cost of revenue	255.6M	208.1M	256.7M	245M	253.1M	236.4M	236.9M	241.9M	247M	222.5M	210.7M	204.3M
Gross profit	626M	658.1M	602.9M	619.1M	642.4M	623.8M	594.3M	621.8M	667.2M	655.5M	653.3M	648.8M
Gross margin	71%	76%	70.1%	71.6%	71.7%	72.5%	71.5%	72%	73%	74.7%	75.6%	76.1%
Research & development	94.1M	97.6M	115.7M	113.6M	103.7M	109.1M	120.9M	114.5M	105M	109.2M	116.8M	114.8M
Selling, general & administrative	260.5M	267.1M	271.5M	268.9M	260.6M	259.9M	268.6M	284.8M	317.2M	240.5M	252.2M	264.7M
Operating expenses	354.6M	364.7M	387.3M	382.5M	364.3M	369M	389.5M	399.3M	422.1M	349.7M	369M	379.5M
Operating income	254M	274.1M	184.7M	204.5M	252.8M	234.2M	172.6M	193.9M	230.3M	293.3M	270.2M	245.4M
Operating margin	28.8%	31.6%	21.5%	23.7%	28.2%	27.2%	20.8%	22.5%	25.2%	33.4%	31.3%	28.8%
Non-operating income, net	-2.6M	-35.6M	9.5M	10.5M	-35M	-38.2M	-3M	-6.1M	-5.1M	-4.2M	-35.8M	11.6M
Pretax income	211.1M	224.9M	153.9M	175M	177.6M	197.5M	140M	157.7M	193.6M	254.7M	200.5M	214.6M
Income tax	47.3M	-4.8M	30.6M	41.7M	41.2M	39.3M	22.4M	32.2M	32.9M	45.1M	33.7M	44.1M
Net income	163.8M	229.7M	123.2M	133.3M	136.5M	158.3M	117.6M	125.5M	160.8M	209.7M	166.8M	170.5M
Net margin	18.6%	26.5%	14.3%	15.4%	15.2%	18.4%	14.1%	14.5%	17.6%	23.9%	19.3%	20%
EBITDA	279.3M	306.4M	225.1M	247.1M	285.2M	269M	210.5M	224.4M	252.9M	319.7M	323.5M	280.9M
EPS	0.59	0.85	0.46	0.5	0.53	0.63	0.47	0.51	0.67	0.89	0.71	0.73
Diluted EPS	0.57	0.81	0.44	0.48	0.51	0.59	0.44	0.49	0.62	0.83	0.68	0.7

P/E

Annual history by fiscal year; click a table row below to chart a different metric.

Current values are trailing twelve months where available, otherwise the latest fiscal year; unreported figures show a dash.

Key stats

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Market cap	3B	5.4B	7.7B	14.9B	—	—	11.7B	10.1B	8.5B	7.8B	9.1B
Enterprise value	3.1B	5.8B	7.7B	17.3B	—	—	15B	13B	11.4B	10.8B	12.4B
Shares outstanding	172.8M	172.9M	180M	181.7M	223.4M	275M	282.6M	275.8M	260.3M	242.7M	242.7M

Valuation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
P/E	—	15.1	10.2	26.3	—	—	32.6	15.5	15.4	12.8	14.4
P/S	0.94	1.64	4.45	7.28	—	—	3.68	2.99	2.45	2.25	2.65
P/B	1.45	1.81	2.13	3.78	—	—	-32.7	-527.7	-133.8	-30.9	-38.8
EV/EBITDA	6.91	20	13	25.3	—	—	16.1	12.4	11.1	10.7	10.4
EV/Sales	1	1.74	4.45	8.45	—	—	4.7	3.88	3.27	3.09	3.53
Earnings yield	—	6.61%	9.85%	3.8%	—	—	3.07%	6.47%	6.48%	7.83%	6.95%
FCF yield	9.01%	6.3%	12.4%	6.02%	—	—	4.06%	8.24%	10.4%	13.1%	10.3%
PEG	—	—	—	—	—	—	—	—	—	—	0.33

Profitability

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Gross margin	75.9%	80.3%	76.3%	74.3%	73.4%	71.9%	69.9%	71.6%	71.5%	72.8%	76.1%
Operating margin	7.73%	5.7%	31.8%	31.5%	31.5%	29.5%	27.6%	28.7%	25.8%	26.1%	28.8%
Net margin	-0.51%	10.8%	43.8%	27.6%	9.27%	9.27%	11.3%	19.4%	15.8%	17.6%	20.2%
ROE	-0.79%	12%	20.9%	14.4%	-15.7%	-142.1%	-100.3%	-3.4K%	-866.1%	-242.1%	-242.1%
ROA	-0.35%	6.1%	11%	6.77%	7.27%	5.46%	8.6%	14.5%	12.3%	13.8%	17.4%
ROIC	10.9%	5.63%	14.8%	9.86%	41.5%	30.3%	29.2%	27.4%	25%	27.9%	31.2%
Return on tangible assets	-18.6%	-62%	479.5%	10.4%	508.4%	-21.2%	-29.3%	-82.6%	-94%	-101.6%	-75.1%

Financial health

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Current ratio	2.58	2.66	3.13	3.67	2.04	1.04	1.59	2.39	2.54	1.42	1.72
Quick ratio	2.58	2.66	3.13	3.67	2.04	1.04	1.59	2.39	2.54	1.42	1.72
Debt / equity	0.78	0.67	0.62	0.74	-2.72	-20.2	-10.7	-201.4	-60.5	-15.7	-0.15
Debt / assets	0.34	0.34	0.33	0.35	1.26	0.78	0.92	0.85	0.86	0.89	0.88
Net debt / EBITDA	0.4	1.24	0.01	3.52	3.83	3.4	3.49	2.82	2.8	2.92	2.52
Interest coverage	0.26	1.64	5.89	5.8	5.83	2.96	3.59	5.86	5.4	6.06	6.23
Effective tax rate	0%	0%	2.45%	2.83%	6.86%	0%	4.07%	16.1%	21.7%	17.8%	18%

Per share

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Revenue per share	18.2	19.1	9.61	11.3	10.7	10.8	11.3	12.2	13.4	14.4	14.9
EPS (basic)	-0.24	1.77	3.48	2.37	0.73	1.01	1.28	2.36	2.12	2.53	2.53
EPS (diluted)	-0.24	1.47	3.05	2.08	0.66	0.93	1.24	2.26	2.02	2.38	2.82
Book value per share	11.8	17.3	20.1	21.7	-6.32	-0.71	-1.27	-0.07	-0.24	-1.04	-1.03
FCF per share	1.54	1.97	5.32	4.95	3.4	3.03	1.69	3.01	3.39	4.22	4.61
Cash per share	8.21	9.46	12.5	2.67	3.31	3.01	2.06	3.15	3.73	4.25	2.54
Capex per share	—	—	—	—	—	—	—	—	—	0.23	0.27

Capital allocation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Capex / revenue	—	—	—	—	—	—	—	—	—	1.63%	1.89%
Capex / operating cash flow	—	—	—	—	—	—	—	—	—	5.25%	5.48%
Payout ratio	0%	0%	13.9%	0%	0%	—	—	—	—	30.4%	27.7%
Dividend yield	0%	0%	1.37%	0%	—	—	—	—	—	2.38%	2.02%

Yield

2.02%

trailing twelve months

Frequency

Quarterly

Last dividend

$0.20

ex-dividend Oct 5, 2026

Payout ratio

28%

of earnings

Dividend growth

0 years

consecutive annual raises

Dividend per share

Split-adjusted payout per share by ex-dividend date.

Recent payouts

Ex-dividend	Amount
Oct 5, 2026upcoming	$0.20
Jul 7, 2026	$0.20
Apr 7, 2026	$0.20
Jan 6, 2026	$0.19
Oct 3, 2025	$0.19
Jul 3, 2025	$0.19
Apr 3, 2025	$0.19
Jan 6, 2025	$0.19

Split history

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	$881.6M	$866.2M	$859.6M	$864.1M	$895.5M	$860.2M	$831.2M	$863.7M	$914.3M	$878M	$863.9M	$853.1M
YoY change	+8.9%	+10.2%	+9.21%	+4.16%	+1.57%	-0.7%	-3.31%	-0.04%	+2.1%	+2.07%	+3.94%	-1.23%

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Cash & short-term investments	1.4B	1.6B	2.3B	485.7M	739.2M	827.2M	581.1M	868.6M	970.7M	1B
Receivables	220.1M	304M	279.2M	116.5M	137M	188.5M	191.9M	298.6M	325M	303.5M
Inventory	—	—	—	—	—	—	—	—	—	—
Total current assets	1.8B	2.1B	2.8B	3.7B	1B	1.2B	882.4M	1.3B	1.4B	1.4B
Property, plant & equipment	58.7M	69.1M	69.8M	195.3M	62.3M	101.4M	109M	127.5M	89.7M	111M
Goodwill & intangibles	4.6B	6.4B	6.7B	2.9B	3B	6.4B	5.4B	5.3B	5.1B	5.1B
Total assets	4.6B	5.9B	6.9B	8.4B	3B	5.1B	4.2B	4.5B	4.5B	4.5B
Accounts payable	62.9M	76.6M	74.9M	20.2M	29.2M	37.9M	13.7M	13.2M	18.3M	9.6M
Short-term debt	20M	13.8M	13.8M	13.8M	—	99.9M	—	—	—	423.6M
Total current liabilities	713.4M	799.7M	883.6M	1B	500M	1.2B	556.4M	531.8M	549.5M	1B
Long-term debt	1.6B	2B	2.2B	2.9B	3.8B	3.8B	3.8B	3.8B	3.8B	3.5B
Total liabilities	2.6B	2.9B	3.3B	4.4B	4.5B	5.3B	4.5B	4.5B	4.5B	4.7B
Shareholders' equity	2B	3B	3.6B	3.9B	-1.4B	-194.6M	-358.9M	-19.1M	-63.7M	-253.4M
Total debt	1.6B	2B	2.3B	2.9B	3.8B	3.9B	3.8B	3.8B	3.8B	4B
Net debt	273.3M	362.4M	127.7M	2.4B	3.1B	3.1B	3.3B	3B	2.9B	2.9B

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Cash & short-term investments	712.8M	868.6M	920.9M	843.6M	860.9M	970.7M	414.2M	340.4M	1.1B	1B	1B	583.8M
Receivables	288.1M	298.6M	225.1M	324.3M	340.1M	325M	323.3M	342.3M	344.4M	303.5M	293.2M	279.3M
Inventory	—	—	—	—	—	—	—	—	—	—	—	—
Total current assets	1.1B	1.3B	1.2B	1.3B	1.3B	1.4B	831.8M	769.9M	1.5B	1.4B	1.4B	952.2M
Property, plant & equipment	190.7M	127.5M	187.7M	181.1M	172.1M	89.7M	152.9M	-347M	128.6M	111M	138.9M	-330.3M
Goodwill & intangibles	5.2B	5.3B	5.1B	5.1B	5.1B	5.1B	5B	5.1B	5.1B	5.1B	5B	5B
Total assets	4.2B	4.5B	4.4B	4.4B	4.4B	4.5B	3.9B	3.9B	4.5B	4.5B	4.4B	4B
Accounts payable	11.3M	13.2M	21.2M	17.2M	27.4M	18.3M	8.7M	18.5M	26.3M	9.6M	9.3M	26.6M
Short-term debt	—	—	—	—	—	—	—	573.4M	497.6M	423.6M	423.7M	—
Total current liabilities	570.1M	531.8M	518.9M	512.3M	530.3M	549.5M	512.4M	1.1B	1.1B	1B	906.6M	552.4M
Long-term debt	3.8B	3.8B	3.8B	3.8B	3.8B	3.8B	3.4B	2.9B	3.5B	3.5B	3.6B	3.6B
Total liabilities	4.5B	4.5B	4.5B	4.5B	4.5B	4.5B	4.1B	4.1B	4.8B	4.7B	4.6B	4.3B
Shareholders' equity	-299M	-19.1M	-107.7M	-130.1M	-88.5M	-63.7M	-182.7M	-230.8M	-223.8M	-253.4M	-218.1M	-237.1M
Total debt	3.8B	3.8B	3.8B	3.8B	3.8B	3.8B	3.4B	3.4B	4B	4B	4B	3.6B
Net debt	3.1B	3B	2.9B	3B	3B	2.9B	3B	3.1B	3B	2.9B	3B	3B

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Net income	-16.2M	358M	451.1M	517.3M	587.7M	276M	362.1M	651.5M	551.3M	613.5M
Depreciation & amortization	151.1M	116.4M	36.1M	43.1M	41.3M	41.4M	43.6M	61.8M	87.5M	67.1M
Stock-based compensation	104.8M	264.6M	66M	89.7M	102.3M	146.8M	203.9M	232.1M	267.4M	258.2M
Change in working capital	-19.1M	-95M	64M	-3M	7.1M	450M	-427.2M	-132.9M	-34.7M	58.7M
Operating cash flow	102.1M	420.4M	611.5M	648M	781M	883.9M	159.4M	849.1M	858.5M	1.1B
Capital expenditure	—	—	—	—	—	—	—	—	—	-56.8M
Investing cash flow	90.9M	117.6M	326.8M	160.8M	-9.2M	-859.9M	-22.6M	-9.2M	-8M	-46.8M
Dividends paid	0	0	-105.1M	0	0	—	—	—	—	-186.3M
Share repurchases	-308.9M	-56.4M	-133.5M	-216.4M	-132.9M	0	-482M	-546.2M	-752.7M	-788.8M
Financing cash flow	-547.8M	-91.6M	-198.8M	187.5M	1.6B	52.7M	-709.7M	-554M	-771.9M	-991.6M
Net change in cash	-354.8M	446.5M	739.5M	996.3M	2.4B	76.8M	-572.8M	285.9M	78.7M	42M
Free cash flow	266.2M	341.2M	956.7M	898.9M	759.8M	832.5M	476.6M	829.4M	882.1M	1B

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Net income	163.8M	229.7M	123.2M	133.3M	136.5M	158.3M	117.6M	125.5M	160.8M	209.7M	166.8M	170.5M
Depreciation & amortization	-6.1M	19.4M	30.9M	32M	4M	20.6M	32.2M	28.6M	14.8M	12.5M	47.9M	-18.4M
Stock-based compensation	61.7M	68.2M	63.8M	69.9M	64.5M	69.2M	70.4M	67.5M	56.3M	64M	58.6M	62M
Change in working capital	19.6M	-40M	55.8M	-112.8M	2.7M	19.6M	-28.7M	31.4M	40.7M	-5.8M	-101.8M	102.5M
Operating cash flow	256.9M	262.3M	284.1M	129M	201.5M	243.9M	193.1M	243.8M	320.6M	322.8M	194.4M	369.8M
Capital expenditure	—	—	—	—	—	—	—	-12.9M	-13.8M	-14.7M	-20.4M	-17.3M
Investing cash flow	2.4M	-11.6M	-8.8M	7K	746K	101K	-1.1M	-37.8M	-13.6M	21.1M	-20.4M	-17.3M
Dividends paid	—	—	—	—	—	—	-47.8M	-47.2M	-45.9M	-45.4M	-44.2M	-46.7M
Share repurchases	-300M	-101.1M	-188.6M	-198.8M	-243.3M	-122.1M	-188.7M	-231M	-130.2M	-238.9M	-60.1M	-185.3M
Financing cash flow	-303.4M	-101.1M	-200.9M	-199.5M	-245.2M	-126.4M	-740.7M	-295.2M	-284.9M	-370.8M	-179.4M	-679.5M
Net change in cash	-44.1M	149.6M	74.4M	-70.5M	-42.9M	117.7M	-548.6M	-89.1M	22.1M	-26.9M	-5.4M	-327M
Free cash flow	278.2M	258.7M	266.9M	116.3M	251.8M	247.1M	177.7M	231M	306.8M	308.1M	174M	352.5M

Jul 2, 2020	1:1
Jul 1, 2020	3502:1000
Aug 21, 2008	2292:2000
Aug 9, 2005	18:20
Feb 25, 2000	2:1
Mar 27, 1998	2:1

Match Group Inc. Financials

EPS

Revenue

Results

EPS

Revenue

Results

Total revenue

Total revenue

Revenue and profits

Condensed income statement

Revenue and profits

Condensed income statement

P/E

Key stats

Valuation

Profitability

Financial health

Per share

Capital allocation

Dividend per share

Recent payouts

Split history

Assets vs. liabilities & equity

Condensed balance sheet

Assets vs. liabilities & equity

Condensed balance sheet

Cash generation and uses

Condensed cash flow statement

Cash generation and uses

Condensed cash flow statement