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. In the quarter to June 2026, revenue grew 32.5%, EPS grew 25.0%, free cash flow grew 3.61% and total debt rose 36.3%, each against the same quarter a year earlier. Revenue growth for three consecutive years; insiders bought in the last twelve months.

14.09 1.01 −6.69%
Market cap
$2.6B
P/E
28.2×
Fwd P/E
19.0×
Dividend yield
—
F-score
6/9
Altman Z
4.73
Beneish M
−2.68
Dividend safety
n/a

Insider Decisions trades per month

Total buys 9.29
Total sells 86.20
Totals in millions of $.
Dec 25 Mar 26 Jun 26 Sep 26
Buy 1 3 — — — — — — — — — —
Sell 9 3 6 2 1 1 2 3 2 4 2 1
Insider Ownership 85.00%

Capital & Financial Ratios $m

Market Cap 2,620.00
Revenue 509.82
Net Income 95.59
Free Cash Flow 142.92
Net Debt 379.82
Current Ratio 1.10
Debt/Equity (32.91) (negative: negative equity)
P/E ratio 28.18
Fwd P/E 19.00
P/S ratio 4.89
P/B ratio 0.00
Past 5Y EPS Growth —
This Y EPS Growth 35.87% (at or above 15%: strong)
Next Y EPS Growth 28.80% (at or above 15%: strong)
Next Y revenue growth 23.35% (at or above 10%: strong)
Next 5Y EPS Growth 29.54% (at or above 15%: strong)

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

P/S against its own 10 years 18.93%
10-year low 10-year high
EV/Sales against its own 10 years 9.25%
10-year low 10-year high
EV/FCF against its own 10 years 11.55%
10-year low 10-year high

Dividends

Payout Ratio —
Annual Dividend Rate —
Annual Dividend Yield —

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%

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.

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) 0.14 (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.

Target Price Range

Analyst price targets

Recommendation Rating

1.3
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 Trend 2026e 2027e 2028e
Price, $
Price, $ Low — — — — — 9.71 4.50 4.49 7.93 11.73

Analyst estimates 2026–2028

Powerpack
High — — — — — 11.36 71.51 9.09 18.43 25.13
People
People Employees — — — — 4 4 202 112 147 165
Revenue/emp, $m — — — — 0.00 36.46 0.97 2.32 2.34 2.67
Income, $m
Income, $m Revenue — — — — — 146 195 260 345 440
Gross margin, % — — — — — 74.38 73.70 74.02 74.59 74.41
EBT — — — — (21) 6 0 (52) (118) 119
EBT margin, % — — — — 0.00 4.32 0.00 (19.93) (34.32) 26.96
Net income — 0 — — (21) 5 1 (56) (131) 95
Depreciation — — — — — 44 39 29 18 10
Per share, $
Per share, $ Revenue — — — — 0.00 0.95 1.24 1.49 1.96 2.31
Earnings — — — — (4.28) 0.03 0.01 (0.32) (0.74) 0.45
Cash flow — — — — (0.07) 0.23 0.32 0.21 0.54 0.74
Capex — — — — 0.00 (0.02) (0.04) (0.02) (0.03) (0.05)
Free cash flow — — — — (0.07) 0.20 0.29 0.18 0.51 0.70
Book value — — — — (11.15) 1.72 0.03 (0.10) (0.75) 0.25
Shares, m — — — — 5 153 158 174 176 190
Valuation, ×
Valuation, × P/E — — — — — 305.12 922.22 0.00 0.00 28.07
P/S — — — — — 0.00 4.03 5.74 9.10 5.85
P/B — — — — — 5.88 194.04 0.00 0.00 54.75
EV/Sales — — — — — 0.00 5.84 6.95 9.78 6.55
EV/FCF — — — — — 48.48 25.26 56.52 37.60 21.69
Cash, $m
Cash, $m Operating cash flow — — — — 0 34 51 36 95 142
Capex — — — — — (4) (6) (4) (5) (9)
Free cash flow — — — — 0 31 45 32 90 133
Balance, $m
Balance, $m Working capital — — — — 1 14 (19) 11 49 81
Total debt — — — — — 137 361 341 291 396
Net debt — — — — (1) 121 352 313 231 309
Shareholders’ equity — — — — (54) 263 4 (18) (132) 47
Returns, %
Returns, % ROA — — — — (14.88) 1.39 0.19 (12.63) (28.36) 18.76
ROIC — — — — 0.00 3.85 2.29 11.76 57.96 22.18
ROE — — — — (8.83) 4.85 0.64 783.26 174.83 (224.09)
Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

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
ALRM Alarm.com Holdings, Inc. $2.8B 24.1× 21.1× +9.21% (above 0%: growing) −28.99% (below 0%: shrinking) +106.10% (above 0%: growing) 65.56% 11.70% Compare
VIA Via Transportation Inc. $2.7B — (loss-making) — (loss-making) +26.67% (above 0%: growing) n/m +28.02% (above 0%: growing) 40.98% (16.03%) Compare
KC Kingsoft Cloud Holdings Limited Sponsored ADR $2.7B — (loss-making) — (loss-making) +38.06% (above 0%: growing) n/m +43.68% (above 0%: growing) 15.18% 0.75% Compare
GRND Grindr Inc. $2.6B 28.2× 19.0× +32.54% (above 0%: growing) +25.00% (above 0%: growing) +3.61% (above 0%: growing) 74.98% 23.53%
PLUS ePlus inc. $2.5B 20.5× 17.6× +0.99% (above 0%: growing) −18.18% (below 0%: shrinking) +175.78% (above 0%: growing) 23.31% 5.98% Compare
ADEA Adeia Inc. $2.4B 18.1× 40.6× +12.11% (above 0%: growing) +6.67% (above 0%: growing) +94.36% (above 0%: growing) 100.00% 26.40% Compare
ASAN Asana, Inc. $2.4B — (loss-making) — (loss-making) +9.90% (above 0%: growing) n/m +390.69% (above 0%: growing) 85.99% (19.05%) Compare
BLKB Blackbaud, Inc. $2.3B 15.9× 9.0× +3.04% (above 0%: growing) +46.30% (above 0%: growing) +46.16% (above 0%: growing) 61.31% 21.34% Compare
BTDR Bitdeer Technologies Group $2.3B — (loss-making) — (loss-making) +47.05% (above 0%: growing) n/m +5.54% (above 0%: growing) (3.73%) (44.47%) Compare
Median of peers $2.4B 19.3× 19.4× +11.01% −5.75% +70.26% 51.15% 3.37%

All 237 Software Application stocks →

Grindr Inc. (GRND) key facts

  • Strength: Grindr Inc.’s revenue for fiscal 2025 (year ended December 2025) was $439.9 million, up 27.6% from fiscal 2024.
  • Grindr Inc. (GRND) is a Software Application company in the Technology sector, listed on the New York Stock Exchange.
  • As of October 16, 2026, GRND traded at $14.09, a market capitalization of $2.6 billion.
  • Return on equity was −224.1% and debt-to-equity -32.91.
  • Its Piotroski F-score is 6 out of 9 and its Altman Z-score is 4.73 (safe zone) for fiscal 2025.

Source: company filings (standardised) and stockrow calculations.

Grindr Inc. (GRND) Latest News

13 Aug

Impact 4 · transcript

7 Aug

Impact 3 · transcript
stockrow.com/GRND · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com