Overview
- Fourth-quarter revenue rose 29% to $126 million, beating the $122 million consensus, with adjusted EBITDA of $54.9 million topping expectations.
- The board expanded the share repurchase program by $400 million, and the stock gained more than 4% in after-hours trading.
- Grindr launched Edge, a premium AI-powered subscription that bundles features like chat summaries, personalized recommendations, and profile discovery, which CEO George Arison said will be the company’s focus with pricing tests this year.
- For 2026, the company guided to revenue above $528 million, roughly in line with LSEG’s $529 million estimate, and projected adjusted EBITDA of $217 million near Street expectations.
- Management plans heavier 2026 investment to modernize core architecture and grow into health and wellness via its Woodwork initiative, while committing to remain public and maintain a robust free offering to attract younger users.