We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Why Is Match Group (MTCH) Up 1.3% Since Last Earnings Report?
Read MoreHide Full Article
It has been about a month since the last earnings report for Match Group (MTCH - Free Report) . Shares have added about 1.3% in that time frame, outperforming the S&P 500.
But investors have to be wondering, will the recent positive trend continue leading up to its next earnings release, or is Match Group due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts.
Match Group Q3 Earnings & Revenues Miss Estimates, Both Increased Y/Y
Match Group reported third-quarter 2025 earnings of 82 cents per share, which missed the Zacks Consensus Estimate by 9.89%. The bottom line jumped 60.8% from the year-ago quarter’s reported figure.
Revenues of $914.3 million, up 2.1% year over year, but missed the Zacks Consensus Estimate by 0.08%. On an FX-neutral basis, revenues increased 1% from the prior-year quarter to $895.5 million.
Direct revenues were $896.6 million, up 2% year over year, while indirect revenues increased to $17.6 million, an 8% rise from the year-ago quarter, driven primarily by the strength in third-party advertising business.
Top-line growth was driven by strength in Hinge. Hinge Direct revenues increased 27% year over year.
MTCH’s Quarterly Details
In the third quarter, the total number of payers decreased by 4.5% year over year to 14.5 million. The figure surpassed the Zacks Consensus Estimate by 0.78%.
Total revenues per payer (RPP) increased 6.9% year over year to $20.58. The figure missed the Zacks Consensus Estimate by 0.75%.
Direct revenues from Tinder were down 2.5% year over year (down 4% on an FX-neutral basis) to $490.6 million. The figure surpassed the Zacks Consensus Estimate by 0.57%.
Tinder RPP rose 4.7% year over year to $17.66, and Payers declined 6.9% year over year to 9.3 million.
Hinge revenues grew 27% year over year to $184.7 million (up 26% on an FX-neutral basis), with a 17% year-over-year increase in payers to 1.9 million and a 9% increase in RPP to $32.87.
Match Group Asia (MG Asia) direct revenues declined 4.3% year over year (down 4% on an FX-neutral basis) to $69.1 million. MG Asia encompasses the worldwide activities of the brands Pairs and Azar. Across MG Asia, Payers increased 6.3% year over year to 1.1 million, while RPP declined 10% to $20.73, partly reflecting the impact of Hakuna’s exit in mid-2024.
Evergreen and Emerging revenues declined 3.9% year over year (down 5% on an FX-neutral basis) to $152.2 million. This reflected a 13% drop in payers to 2.3 million, despite a 10.3% gain in RPP to $22.22.
Match Group’s Operating Details
Total operating costs and expenses (75.8% of revenues) increased 1.2% year over year to $692.9 million in the third quarter.
Adjusted EBITDA was $301.4 million, down 12% year over year, representing an adjusted EBITDA margin of 33%, which contracted 530 basis points.
MTCH’s Balance Sheet
As of Sept. 30, 2025, Match Group had cash, cash equivalents and short-term investments of $1.1 billion compared with $340.4 million as of June 30, 2025.
The company reported long-term debt of $4.1 billion as of Sept. 30, 2025, up from $3.5 billion reported as of June 30, 2025.
In the quarter ended Sept. 30, 2025, Match Group repurchased 3.7 million shares of common stock for $130 million.
In October, the company repurchased an additional 3 million shares of our common stock for $100 million. As of Oct. 31, 2025, $1.10 billion in aggregate value of shares of Match Group stock was available under the current share repurchase program.
MTCH’s Q4 & 2025 Guidance
Match Group expects fourth-quarter 2025 revenues of $865-$875 million, suggesting 1-2% year-over-year growth. This range assumes a nearly 2.5-point year-over-year tailwind from FX.
Adjusted EBITDA of $350 to $355 million, representing a year-over-year increase of 9% and an adjusted EBITDA margin of 41% at the midpoint of the ranges.
For 2025, the company expects free cash flow guidance to be $1.11 to $1.14 billion. Tax rate guidance is expected to be in the high teens.
How Have Estimates Been Moving Since Then?
It turns out, estimates revision have trended downward during the past month.
VGM Scores
At this time, Match Group has a strong Growth Score of A, though it is lagging a lot on the Momentum Score front with an F. However, the stock has a grade of A on the value side, putting it in the top quintile for value investors.
Overall, the stock has an aggregate VGM Score of A. If you aren't focused on one strategy, this score is the one you should be interested in.
Outlook
Estimates have been broadly trending downward for the stock, and the magnitude of these revisions looks promising. Interestingly, Match Group has a Zacks Rank #3 (Hold). We expect an in-line return from the stock in the next few months.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Why Is Match Group (MTCH) Up 1.3% Since Last Earnings Report?
It has been about a month since the last earnings report for Match Group (MTCH - Free Report) . Shares have added about 1.3% in that time frame, outperforming the S&P 500.
But investors have to be wondering, will the recent positive trend continue leading up to its next earnings release, or is Match Group due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts.
Match Group Q3 Earnings & Revenues Miss Estimates, Both Increased Y/Y
Match Group reported third-quarter 2025 earnings of 82 cents per share, which missed the Zacks Consensus Estimate by 9.89%. The bottom line jumped 60.8% from the year-ago quarter’s reported figure.
Revenues of $914.3 million, up 2.1% year over year, but missed the Zacks Consensus Estimate by 0.08%. On an FX-neutral basis, revenues increased 1% from the prior-year quarter to $895.5 million.
Direct revenues were $896.6 million, up 2% year over year, while indirect revenues increased to $17.6 million, an 8% rise from the year-ago quarter, driven primarily by the strength in third-party advertising business.
Top-line growth was driven by strength in Hinge. Hinge Direct revenues increased 27% year over year.
MTCH’s Quarterly Details
In the third quarter, the total number of payers decreased by 4.5% year over year to 14.5 million. The figure surpassed the Zacks Consensus Estimate by 0.78%.
Total revenues per payer (RPP) increased 6.9% year over year to $20.58. The figure missed the Zacks Consensus Estimate by 0.75%.
Direct revenues from Tinder were down 2.5% year over year (down 4% on an FX-neutral basis) to $490.6 million. The figure surpassed the Zacks Consensus Estimate by 0.57%.
Tinder RPP rose 4.7% year over year to $17.66, and Payers declined 6.9% year over year to 9.3 million.
Hinge revenues grew 27% year over year to $184.7 million (up 26% on an FX-neutral basis), with a 17% year-over-year increase in payers to 1.9 million and a 9% increase in RPP to $32.87.
Match Group Asia (MG Asia) direct revenues declined 4.3% year over year (down 4% on an FX-neutral basis) to $69.1 million. MG Asia encompasses the worldwide activities of the brands Pairs and Azar. Across MG Asia, Payers increased 6.3% year over year to 1.1 million, while RPP declined 10% to $20.73, partly reflecting the impact of Hakuna’s exit in mid-2024.
Evergreen and Emerging revenues declined 3.9% year over year (down 5% on an FX-neutral basis) to $152.2 million. This reflected a 13% drop in payers to 2.3 million, despite a 10.3% gain in RPP to $22.22.
Match Group’s Operating Details
Total operating costs and expenses (75.8% of revenues) increased 1.2% year over year to $692.9 million in the third quarter.
Adjusted EBITDA was $301.4 million, down 12% year over year, representing an adjusted EBITDA margin of 33%, which contracted 530 basis points.
MTCH’s Balance Sheet
As of Sept. 30, 2025, Match Group had cash, cash equivalents and short-term investments of $1.1 billion compared with $340.4 million as of June 30, 2025.
The company reported long-term debt of $4.1 billion as of Sept. 30, 2025, up from $3.5 billion reported as of June 30, 2025.
In the quarter ended Sept. 30, 2025, Match Group repurchased 3.7 million shares of common stock for $130 million.
In October, the company repurchased an additional 3 million shares of our common stock for $100 million. As of Oct. 31, 2025, $1.10 billion in aggregate value of shares of Match Group stock was available under the current share repurchase program.
MTCH’s Q4 & 2025 Guidance
Match Group expects fourth-quarter 2025 revenues of $865-$875 million, suggesting 1-2% year-over-year growth. This range assumes a nearly 2.5-point year-over-year tailwind from FX.
Adjusted EBITDA of $350 to $355 million, representing a year-over-year increase of 9% and an adjusted EBITDA margin of 41% at the midpoint of the ranges.
For 2025, the company expects free cash flow guidance to be $1.11 to $1.14 billion. Tax rate guidance is expected to be in the high teens.
How Have Estimates Been Moving Since Then?
It turns out, estimates revision have trended downward during the past month.
VGM Scores
At this time, Match Group has a strong Growth Score of A, though it is lagging a lot on the Momentum Score front with an F. However, the stock has a grade of A on the value side, putting it in the top quintile for value investors.
Overall, the stock has an aggregate VGM Score of A. If you aren't focused on one strategy, this score is the one you should be interested in.
Outlook
Estimates have been broadly trending downward for the stock, and the magnitude of these revisions looks promising. Interestingly, Match Group has a Zacks Rank #3 (Hold). We expect an in-line return from the stock in the next few months.