Match Group Reports Q4 2023 Results

MATCH GROUP – Total revenue grew 10% YOY to $866M. Tinder revenue was up 11%, while collectively other brands' revenue was up 9% YOY. Hinge revenue was up 50% YOY. Payers declined 5% to 15.2M. Operating income was $260M, up 144% YOY. Full year 2023 revenue grew 6% YOY to $3.4B. Operating income increased 78% YOY to $917M. Tinder expects to further drive revenue in 2024 with the introduction of weekly subscription packages in markets that were not included in 2023's initial releases. Hinge's international expansion will continue to target Europe.