Grindr (NYSE:GRND) Issues Quarterly Earnings Results

08 Nov 2026, 01:26 by Tristan Rich · The Markets Daily

Grindr (NYSE:GRND – Get Free Report) announced its earnings results on Thursday. The company reported $0.12 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.18 by ($0.06), FiscalAI reports. Grindr had a net margin of 18.75% and a return on equity of 357.13%. The business had revenue of $141.38 million for the quarter, compared to analysts’ expectations of $135.77 million.

Here are the key takeaways from Grindr’s conference call:

Q3 revenue rose 22% to $141 million, with Adjusted EBITDA of $62 million and a 44% margin. Grindr raised 2026 guidance to at least $560 million in revenue and $236 million in Adjusted EBITDA, and projected 2027 revenue of at least $705 million and Adjusted EBITDA of at least $275 million.
Grindr’s AI-powered Edge tier launches globally November 17 at an introductory $120 per month; nearly 400,000 users registered for early access within 72 hours. Management sees a long-term $100 million–$150 million revenue opportunity, while emphasizing that adoption will be gradual and membership will initially be capped.
Following its acquisition of PurposeMed, Grindr plans to integrate Freddie and expand its U.S. pharmacy capacity before accelerating patient growth. Management expects about 12,000 U.S. patients by year-end and estimates that 50,000 patients could eventually generate roughly $240 million in annual revenue and nearly $100 million in Adjusted EBITDA, but said reaching that scale will take time.
Management expects advertising growth to moderate in 2027, with ads returning toward 15%–16% of total revenue from the current 18%–19% range. The acquisition also removes about $10 million of telehealth advertising revenue that Grindr generated this year.

Grindr Stock Down 0.3%

GRND traded down $0.04 during trading on Friday, hitting $13.60. The stock had a trading volume of 3,739,068 shares, compared to its average volume of 1,943,512. The stock has a 50 day simple moving average of $14.67 and a two-hundred day simple moving average of $13.65. The company has a debt-to-equity ratio of 442.30, a quick ratio of 1.10 and a current ratio of 1.10. Grindr has a twelve month low of $9.73 and a twelve month high of $18.50. The company has a market capitalization of $2.36 billion, a PE ratio of 29.43 and a beta of 0.23.

Wall Street Analyst Weigh In

GRND has been the topic of several recent analyst reports. Citigroup reiterated a “market outperform” rating on shares of Grindr in a report on Thursday, October 1st. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Grindr in a research note on Wednesday. Wall Street Zen lowered shares of Grindr from a “buy” rating to a “hold” rating in a report on Saturday, August 1st. Morgan Stanley reiterated an “overweight” rating on shares of Grindr in a report on Tuesday, September 8th. Finally, The Goldman Sachs Group reissued a “buy” rating and issued a $20.00 price objective on shares of Grindr in a research report on Friday. Six equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, Grindr presently has an average rating of “Moderate Buy” and an average price target of $20.20.

Read Our Latest Stock Analysis on Grindr

Insider Transactions at Grindr

In other news, insider Zachary Katz sold 15,227 shares of the firm’s stock in a transaction on Wednesday, October 14th. The stock was sold at an average price of $15.23, for a total value of $231,907.21. Following the completion of the sale, the insider owned 618,000 shares of the company’s stock, valued at $9,412,140. This trade represents a 2.40% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Daniel Baer sold 3,500 shares of the business’s stock in a transaction on Wednesday, August 19th. The stock was sold at an average price of $15.65, for a total value of $54,775.00. Following the transaction, the director owned 47,912 shares in the company, valued at approximately $749,822.80. This trade represents a 6.81% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders have sold 1,518,727 shares of company stock valued at $22,055,758. Corporate insiders own 60.90% of the company’s stock.

Grindr News Summary

Here are the key news stories impacting Grindr this week:

Positive Sentiment: Q3 revenue rose 22% year over year to $141.4 million, beating the roughly $135.8 million consensus estimate. Grindr also raised its 2026 revenue outlook to at least $560 million, above the approximately $542.7 million consensus. Grindr Q3 results and outlook
Positive Sentiment: The company’s initial 2027 outlook calls for at least $705 million in revenue, with growth initiatives including its Edge and Freddie offerings. Edge early-access registration reportedly reached 400,000 users in 72 hours, suggesting meaningful initial interest. Grindr 2027 outlook Long-term investor takeaways
Neutral Sentiment: CEO involvement in a Reddit AMA drew substantial attention, including a question about a data breach. The article highlights the question but does not establish that a breach occurred. Grindr CEO Reddit AMA
Negative Sentiment: Q3 EPS was $0.12, below the $0.18 analyst consensus. The earnings miss could temper the otherwise favorable reaction to revenue growth and raised guidance. Grindr earnings report

About Grindr

(Get Free Report)

Grindr Inc (NYSE:GRND) operates a social networking and dating platform designed primarily for the LGBTQ+ community. Its mobile application helps users discover and connect with people nearby, communicate through messaging, and build social and dating relationships.

The company offers a free, advertising-supported version of its app along with subscription services that provide additional features, including expanded browsing and communication capabilities. Grindr also provides related digital products and services intended to support user interaction and engagement on its platform.