PRESS RELEASE – Total Revenue grew 4% YOY to $830M. Tinder direct revenue was up 6%, while other brands collectively were up 3% YOY. Within other brands, Hinge direct revenue was up 35% YOY. Payers declined 5% to 15.6M over the prior year quarter. Operating income was $215M, representing an operating margin of 26%. Tinder has increased its revenue through pricing optimization and weekly subscription packages, improving user growth and conversion rates, particularly among females. The brand plans to introduce a product refresh targeting Gen Z with features for deeper self-expression. Additionally, a high-end membership tier is expected to launch in early fall. The company is working on AI-based features set to launch over the next two quarters, including helping users select their best photos and using AI to suggest potential good matches.
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