Overview
- Match Group, which reported Tuesday, posted $864 million in first‑quarter revenue on stronger Hinge performance and early product gains at Tinder.
- Guidance for the second quarter is $850 million to $860 million, and management flagged a roughly $30 million hit from Tinder testing and disruption at Azar in Asia.
- Tinder’s leading indicators improved after new features like Astrology Mode, Music Mode and FaceCheck, with registrations up 1% year over year and March monthly active users down 7% versus a 10% drop a year ago.
- Hinge remained the growth engine with paying users up 15% to 2 million and year‑over‑year direct revenue growth reported at roughly 28% on international expansion and new safety features.
- Bumble reported $212.4 million in Q1 revenue and a 21% slide in paying users to 3.2 million, and it plans a phased rollout of an AI‑enabled rebuild later this year as analysts warn the category still faces swipe fatigue and softer Gen Z engagement.