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Bumble App Revenues Decline: Is User Churn a Bigger Threat to Growth?

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Key Takeaways

  • Bumble app revenues fell 7.6% to $201.4M in Q2 2025, with paying users down 11% to 2.5M.
  • ARPPU rose 4%, but gains couldn't offset subscriber losses and weaker user engagement.
  • Q3 outlook calls for $204-$208M in revenues, down 9%-12% Y/Y, signaling tough churn issues.

Bumble (BMBL - Free Report) is facing mounting challenges as revenues for its flagship Bumble app dropped 7.6% year over year to $201.4 million in the second quarter of 2025. The real concern lies in the shrinking paying user base. Bumble App Paying Users fell 11% to 2.5 million, signaling a deeper problem of user churn.

While Bumble raised its Average Revenue Per Paying User (ARPPU) by 4%, this uptick wasn’t enough to offset the loss of subscribers. Higher ARPPU can offer temporary relief, but with fewer users, engagement drops, matches become harder to find and monetization potential erodes.

The outlook doesn’t inspire confidence either. Management projects Bumble app revenues of $204-$208 million for the third quarter of 2025, down 9%-12% year over year. This cautious outlook underscores the difficulty of reversing churn, even with pricing tweaks and new premium features.

To counter this, Bumble is betting on innovation beyond dating. Its revamped Bumble For Friends app, powered by AI-driven discovery and community tools, aims to capture the growing social networking trend. While this could unlock new growth avenues, the immediate challenge remains retaining core dating users.

If the slowdown continues at its current pace, it could hurt Bumble's long-term growth much more than revenue volatility.

How Bumble’s Rivals Tackle the User Retention Challenge

Match Group (MTCH - Free Report) faces churn at Tinder, with paying users down 5% year on year to about 14.1 million in the second quarter of 2025, yet its multi-brand strategy and Hinge's double-digit growth have cushioned the blow. By contrast, Bumble leans heavily on a concentrated portfolio. Match Group is also scaling AI-driven matchmaking faster, strengthening engagement. Crucially, its superior operating and net profit margins highlight resilience and financial flexibility, clear advantages over Bumble’s negative margins, making Match Group a more competitive player in the dating app landscape.

Grindr (GRND - Free Report) leverages its niche LGBTQ+ community to drive exceptional engagement, with users averaging nearly an hour daily, far outpacing Bumble’s declining retention, where paying users fell 8.7% and total users dropped to 50 million by mid-2025. Unlike Bumble, Grindr is expanding MAUs and revenues through feature-led monetization, including “Right Now,” “Albums,” “Roam,” and its AI “Wingman.” With stronger ARPU growth, payer penetration, and a rising subscriber base, Grindr demonstrates superior retention and monetization strength.

BMBL’s Share Price Performance, Valuation & Estimates

Shares of Bumble have declined 20.8% in the year-to-date period against the Zacks Computer and Technology sector’s growth of 12.5% and the Zacks Internet - Software industry’s 18.5% return.

BMBL’s YTD Price Performance

Zacks Investment Research
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From a valuation standpoint, Bumble trades at a significant discount with a forward P/E of approximately 18.45X, notably below the Zacks Internet - Software industry average of 38.62X. Bumble carries a Value Score of B.

BMBL’s Valuation

Zacks Investment Research
Image Source: Zacks Investment Research

The Zacks Consensus Estimate for Bumble’s 2025 revenues is pegged at $970.56 million, indicating a 9.43% year-over-year decline, with earnings expected to improve by 61.2%, narrowing the loss to $1.79 per share.

Bumble Inc. Price and Consensus

Bumble Inc. Price and Consensus

Bumble Inc. price-consensus-chart | Bumble Inc. Quote

Bumble stock currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.


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