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GRND

Grindr Inc

NYSE: GRND · TECHNOLOGY · SOFTWARE - APPLICATION

$14.53
+1.87% today

Updated 2026-06-05

Market cap
$2.07B
P/E ratio
25.30
P/S ratio
4.35x
EPS (TTM)
$0.46
Dividend yield
52W range
$10 – $24
Volume
1.5M

Grindr Inc (GRND) Financial statements

SEC filings — annual and quarterly data.

Income statement — annual

Item2019202020212022202320242025
Revenue$108.70M$104.46M$145.83M$195.01M$259.69M$344.64M$439.90M
Revenue growth (YoY)-3.9%+39.6%+33.7%+33.2%+32.7%+27.6%
Cost of revenue$27.55M$31.42M$37.36M$51.28M$67.46M$87.58M$121.42M
Gross profit$81.15M$73.04M$108.47M$143.74M$192.23M$257.06M$318.48M
Gross margin74.7%69.9%74.4%73.7%74.0%74.6%72.4%
R&D$11.41M$15.36M$10.91M$17.90M$29.33M$36.40M$48.93M
SG&A$29.51M$27.93M$29.32M$72.28M$78.04M$105.34M$143.26M
Operating income$10.11M$-907000.00$23.71M$13.04M$55.45M$92.60M$126.29M
Operating margin9.3%-0.9%16.3%6.7%21.4%26.9%28.7%
EBITDA$37.17M$27.01M$68.23M$70.09M$21.30M$107.17M$145.12M
EBITDA margin34.2%25.9%46.8%35.9%8.2%31.1%33.0%
EBIT$10.11M$333000.00$25.00M$31.53M$-5.74M$93.85M$136.26M
Interest expense$38000.00$18.70M$31.54M$46.01M$25.62M$17.64M
Income tax$2.44M$2.57M$1.24M$-859000.00$4.02M$12.71M
Effective tax rate24.1%-24.5%19.6%12271.4%-7.8%-10.7%0.0%
Net income$7.71M$-13.07M$5.06M$852000.00$-55.77M$-131.00M$94.75M
Net income growth (YoY)-269.6%+138.7%-83.2%-6645.5%-134.9%+172.3%
Profit margin7.1%-12.5%3.5%0.4%-21.5%-38.0%21.5%

Frequently asked questions

What is Grindr Inc's revenue?

Grindr Inc's trailing twelve-month revenue is $475.90M, and consensus projects about $1.05T by 2030. Revenue is the top line the whole model builds on, and at this scale the question shifts from how fast it grows to whether margins hold as it compounds.

How profitable is GRND?

In its most recent fiscal year, GRND ran a gross margin of 72.40%, an operating margin of 28.71%, and a net margin of 21.54%. Margins this high mean most of each extra dollar of revenue drops through to profit, which is the signature of real pricing power.

How much free cash flow does GRND generate?

GRND produced $140.77M in free cash flow in its most recent fiscal year. Free cash flow is what is left after running and reinvesting in the business, and it is the cash that actually funds buybacks, dividends, and a stronger balance sheet.

Is GRND's balance sheet healthy?

GRND holds $87.05M in cash and equivalents against $375.86M in long-term debt, on $47.01M of shareholder equity. That debt is best read against the cash flow the business throws off each year.