Grindr Inc.GRND

NYSETechnologyServices-Computer Programming, Data Processing, Etc.
Price (close)
$15.87
Market cap
$2.8B
P/E
28.9x
Revenue (TTM)
$509.8M
Net income
$95.6M
Dividend yield
—
1-year total return
0.7%
Net margin
18.7%
Revenue growth
32.4%
Debt / equity
—

What Grindr Inc. does.

Our mission is to build the Global Gayborhood in Your Pocket ™ , and, through our success, to make a world where the lives of our global LGBTQ community are free, equal, and just. We manage and operate the Grindr platform, a global social networking platform primarily serving and addressing the needs of gay, bisexual, and sexually explorative adults around the world. We had 15.0 million, 14.2 million, and 13.3 million Average MAUs for the years ended December 31, 2025, 2024, and 2023, respectively. Additionally, we had 1.3 million, 1.1 million, and 0.9 million Average Paying Users for the years ended December 31, 2025, 2024, and 2023, respectively. We enable our users to find and engage with one another, share content and interests, discover products and experiences relevant for them, and generally express their unique selves. As a “gayborhood” on our users’ mobile devices, our platform is a meaningful part of our users’ lives and has embedded us at the center of their communities, as they seek relationships of various forms, whether intimate, romantic, or social.

As a company built by gay people for gay people, Grindr fulfills crucial needs for its users. While the broader global landscape of social networks is highly competitive with many different platforms, there are few global platforms that focus solely on the gay, bisexual, transgender, and queer (“GBTQ”) community and address their unique needs. Our platform enables GBTQ adults to connect with one another and the world. Our users have a range of intentions and use cases. Our platform helps our users find what they are looking for: casual dating, long-term relationships, community and friendships, professional networking, travel information, and local discovery. By facilitating the connection of our users around the world, we believe we can help our community find one another; advance lesbian, gay, bisexual, transgender, and queer (“LGBTQ”) rights globally; and make the world a safer place for our community.

Revenue and profit, by fiscal year.

Fiscal year202020212022202320242025
Revenue—$145.8M$195.0M$259.7M$344.6M$439.9M
Net income—$5.1M$852,000-$55.8M-$131.0M$94.8M
Free cash flow—$34.2M$50.2M$35.6M$94.0M$140.8M

More on GRND.

Figures from Grindr Inc.'s filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.