Grindr Inc.

GRND Technology Software Application

Grindr Inc.’s revenue for fiscal 2025 (year ended December 2025) was $439.9 million, up 27.6% from fiscal 2024.

Revenue
+32.5%
EPS
+25.0%
Free cash flow
+3.61%
Total debt
+36.3%

Quarter to June 2026, against a year earlier

13.47 0.54 −3.85%
Market cap
$2.4B
P/E
26.9×
Fwd P/E
25.0×
Dividend yield
—
F-score
6/9
Altman Z
4.73
Beneish M
−2.68
Dividend safety
n/a

Insider Decisions last twelve months

Bought, $m 5.42
Sold, $m 76.69
Trades a month
Jan 26 Apr 26 Jul 26 Oct 26
Buy 3 — — — — — — — — — — —
Sell 2 6 2 1 1 2 3 2 4 2 3 1
Insider Ownership 85.00%

Capital & Financial Ratios $m

Size
Market Cap 2,370.00
Revenue ttm 509.82
Net income ttm 95.59
Free cash flow ttm 142.92
Net debt Q 379.82
Valuation
P/E 26.94
Forward P/E 25.00
Price / sales 4.67
Forward P/S Powerpack
Price / FCF 16.66
Price / book 0.00
Financial health
Current ratio Q 1.10
Debt / equity Q (32.91) (negative: negative equity)
Interest coverage Q 4.98
Growth
Revenue growth Q +32.54% (above 0%: growing)
Operating income growth Q +33.50% (above 0%: growing)
EPS, this year +37.68% (at or above 15%: strong)
EPS, next year A +28.95% (at or above 15%: strong)
Revenue, next year A +23.35% (at or above 10%: strong)
EPS, past 5 yrs —
EPS, next 5 yrs A +28.82% (at or above 15%: strong)

Green and red mark values outside typical ranges; (Q) is the latest quarter, (A) analysts’ estimates. How we judge →

Valuation vs history

P/S against its own 10 years 15.85%
10-year low 10-year high
EV/Sales against its own 10 years 3.83%
10-year low 10-year high
EV/FCF against its own 10 years 7.72%
10-year low 10-year high

Dividends

Yield
—
Annual rate
—
Payout ratio
—

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 28 59 87 7
Receivables 34 50 68 70
Inventory — — — —
Other 2 2 1 3
72 117 166 93
2023 2024 2025 Q'26
Payables 4 3 2 3
ST’ Debt 15 15 20 20
Other — — — —
61 68 85 84

Compound Annual Growth %

10y 5y 3y
Sales — — 31.15%
Cash Flow — 0.00% 40.85%
Earnings — 0.00% 380.89%
Book Value — 0.00% 126.37%

Earnings Trends EPS, adjusted, against the consensus

EPS $

Mar Jun Sep Dec Year
’26 0.14 0.10 — — —
’25 0.13 0.08 0.16 0.10 0.43
’24 (0.05) (0.13) 0.09 (0.70) (0.74)
’23 (0.19) 0.13 0.00 (0.26) (0.32)
’22 0.03 (0.03) (0.03) 0.03 0.01
’21 0.81 0.79 1.71 (3.28) 0.03
Fiscal quarters ending in the months shown.

Revenue $m

Mar Jun Sep Dec Year
’26 130 138 — — —
’25 94 104 116 126 440
’24 75 82 89 98 345
’23 56 62 70 72 260
’22 44 47 50 55 195
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 33 41 — — —
’25 24 38 55 25 142
’24 20 16 29 30 95
’23 9 6 8 13 36
’22 14 14 9 14 51
’21 0 0 0 35 34
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 32 38 — — —
’25 23 37 51 22 133
’24 19 14 28 28 90
’23 7 5 7 12 32
’22 13 13 7 12 45
’21 0 0 0 31 31
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1.3
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Ten-year view Analyst estimates Powerpack
Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 TTM Jun ’26 Trend 10 yrs 2026e 2027e 2028e Next 3/yr
Income, $m
Income, $m Revenue — — — — — 146 195 260 345 440 510 +31.8% 543 636 743 +19.1%
Gross margin, % — — — — — 74.38 73.70 74.02 74.59 74.41 74.94 0.0 pt
EBT — — — — (21) 6 0 (52) (118) 119 125 n/m
EBT margin, % — — — — 0.00 4.32 0.00 (19.93) (34.32) 26.96 24.43 +27.0 pt
Net income — 0 — — (21) 5 1 (56) (131) 95 96 n/m
Per share, $
Per share, $ Revenue — — — — 0.00 0.95 1.24 1.49 1.96 2.31 2.88 n/m
Earnings — — — — (4.28) 0.03 0.01 (0.32) (0.74) 0.45 0.50 n/m
Cash flow — — — — (0.07) 0.23 0.32 0.21 0.54 0.74 0.87 n/m
Capex — — — — 0.00 (0.02) (0.04) (0.02) (0.03) (0.05) (0.07) n/m
Free cash flow — — — — (0.07) 0.20 0.29 0.18 0.51 0.70 0.81 n/m
Book value — — — — (11.15) 1.72 0.03 (0.10) (0.75) 0.25 (0.07) n/m
Shares, m — — — — 5 153 158 174 176 190 185 +108.1%
Valuation, ×
Valuation, × P/E — — — — — 305.12 922.22 0.00 0.00 28.07 26.94 251.1
P/S — — — — — 0.00 4.03 5.74 9.10 5.85 4.67 4.9
P/B — — — — — 5.88 194.04 0.00 0.00 54.75 0.00 50.9
EV/Sales — — — — — 0.00 5.84 6.95 9.78 6.55 5.42 5.8
EV/FCF — — — — — 48.48 25.26 56.52 37.60 21.69 19.32 37.9
Cash, $m
Cash, $m Operating cash flow — — — — 0 34 51 36 95 142 154 n/m
Capex — — — — — (4) (6) (4) (5) (9) (12) +22.7%
Free cash flow — — — — 0 31 45 32 90 133 143 n/m
Balance, $m
Balance, $m Working capital — — — — 1 14 (19) 11 49 81 9 +127.1%
Net debt — — — — (1) 121 352 313 231 309 380 n/m
Shareholders’ equity — — — — (54) 263 4 (18) (132) 47 (12) n/m
Returns, %
Returns, % ROA — — — — (14.88) 1.39 0.19 (12.63) (28.36) 18.76 18.92 +33.6 pt
ROIC — — — — 0.00 3.85 2.29 11.76 57.96 22.18 25.77 +22.2 pt
ROE — — — — (8.83) 4.85 0.64 783.26 174.83 (224.09) 108.65 (215.3) pt
People
People Employees — — — — 4 4 202 112 147 165 — +110.4%
Revenue/emp, $m — — — — 0.00 36.46 0.97 2.32 2.34 2.67 — n/m
Negative figures in brackets.
estimates

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026 · fundamentals updated 25 Oct 2026

Grindr Inc. vs peers in Software Application (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
VERX Vertex, Inc. $2.9B 511× 71.3× +11.02% (above 0%: growing) n/m +76.75% (above 0%: growing) 65.74% 0.15% Compare
BULL Webull Corporation $2.6B 48.5× — +51.21% (above 0%: growing) n/m −454,633.33% (below 0%: shrinking) 77.70% 22.86% Compare
ASAN Asana, Inc. $2.6B — (loss-making) — (loss-making) +9.90% (above 0%: growing) n/m +390.69% (above 0%: growing) 85.99% (19.05%) Compare
BLKB Blackbaud, Inc. $2.5B 17.0× 15.3× +4.09% (above 0%: growing) +4.07% (above 0%: growing) +2.26% (above 0%: growing) 60.75% 20.49% Compare
KC Kingsoft Cloud Holdings Limited Sponsored ADR $2.5B — (loss-making) — (loss-making) +38.06% (above 0%: growing) n/m +43.68% (above 0%: growing) 15.18% 0.75% Compare
NCNO nCino Inc. $2.5B 74.8× 72.0× +8.19% (above 0%: growing) n/m +170.13% (above 0%: growing) 62.59% 8.46% Compare
GRND Grindr Inc. $2.4B 26.9× 25.0× +32.54% (above 0%: growing) +25.00% (above 0%: growing) +3.61% (above 0%: growing) 74.98% 23.53%
PLUS ePlus inc. $2.2B 17.9× 19.1× +0.99% (above 0%: growing) −27.78% (below 0%: shrinking) +175.78% (above 0%: growing) 23.31% 5.98% Compare
AMPL Amplitude, Inc. $2.0B — (loss-making) — (loss-making) +24.93% (above 0%: growing) n/m +73.60% (above 0%: growing) 67.24% (22.25%) Compare
Median of peers $2.5B 48.5× 45.2× +10.46% — +75.17% 64.17% 3.37%

All 230 Software Application stocks →

Pay and ownership Proxy statement filed 30 April 2026

Chief executive’s pay

Year Total pay Actually paid $100 invested
2025 56.17m 33.35m 382.00
2024 6.54m 40.40m 384.00
2023 5.52m 16.48m 189.00

Ownership

Directors and executive officers, together 60.90%
Raymond Zage, III 53.80%
James Fu Bin Lu 10.40%
Jeremy Leonard Brest 6.60%
J. Michael Gearon, Jr. 6.50%
Total pay is as the Summary Compensation Table states it; actually paid revalues the year’s share awards at its end, as the SEC’s pay-versus-performance rule asks. $100 invested is what $100 in the company’s shares at the start of the earliest year shown was worth at each year’s end. Ownership is the proxy’s own table: the directors and officers as a group, and every holder of 5% or more. Read the proxy statement

Grindr Inc. (GRND) Latest News

2 Nov

27 Oct

22 Oct

Impact 4 · · Simply Wall St.

12 Oct

Impact 3 · · The Motley Fool

25 Sep

Impact 3 · · Simply Wall St.

13 Aug

Impact 4 · · The Motley Fool transcript

8 Aug

Impact 4 · · MarketBeat transcript

7 Aug

Impact 3 · · Moby transcript

30 May

10 May

Impact 4 · · MarketBeat

8 May

Impact 4 · · The Motley Fool transcript
Impact 4 · · Moby

GRND metrics, ten years each

stockrow.com/GRND · Data as of Oct 25, 2026 · For information only; not investment advice. · © 2026 stockrow.com