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Nasdaq · Communication Services

Match Group, Inc. (MTCH)

As-reported financials and SEC filings for Match Group, Inc. The latest annual period is FY2025. The latest reported quarter is Q2 FY2026. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.

About Match Group, Inc.

Match Group, Inc. provides digital platforms designed to help people form meaningful social and romantic connections. Its portfolio includes brands such as Tinder, Hinge, Match, Meetic, OkCupid, Plenty Of Fish, and Azar, each targeting different user preferences and relationship intents. The company serves a global user base with services ranging from casual dating to serious relationships, using various features like algorithmic matching, video communication, and community-focused platforms.

Snapshot

Revenue
$3.49B
Revenue growth (YoY)
0.2%
Net income
$613.5M
Diluted EPS
$2.38
Gross margin
72.8%
Operating margin
25.0%
Net margin
17.6%
FCF margin
29.4%
ROE
net income / fiscal-year-end equity
P/E
14.6×
trailing when available, otherwise FY EPS
Market cap
$9.66B
Long-term debt / equity
non-current term debt only

Fundamentals are from SEC filings for FY2025, the latest annual period (ended December 31, 2025). P/E and market cap are derived from stored market prices, last retrieved on a rolling basis and typically within the past week.

What changed at Match Group

  • Revenue grew 0.2% to $3.5B in FY2025, slower than the 3.4% the year before.
  • Operating margin is 25.0% in FY2025, -3.5 pp against 28.5% in FY2021.
  • Most recent quarter Q2 FY2026: revenue $853M, down 1.2% from Q2 FY2025.
  • Free cash flow was $1.0B in FY2025, 29.4% of revenue.
  • Net income rose 11.3% to $613M in FY2025.

Computed from the as-reported figures in the statements below. A change we cannot state from filed figures is left out rather than estimated.

Peer comparison

Where Match Group’s fundamentals sit among the 332 software companies. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).

Gross margin72.8%
62nd percentile of 264
Operating margin25.0%
89th percentile of 303
Net margin17.6%
79th percentile of 307
FCF margin29.4%
85th percentile of 285
Revenue growth (YoY)+0.2%
21st percentile of 325
P/E14.6×
22nd percentile of 168
Short interest2.99d
45th percentile of 329

Match Group’s operating margin of 25.0% ranks in the 89th percentile of the 303 software companies reporting it. Match Group’s FCF margin of 29.4% ranks in the 85th percentile of the 285 software companies reporting it.

1 reported insider purchase (code P) totaling $109,890 in the last 90 days, against 3 sales totaling $976,482. For context, about 14% of companies in the universe saw any reported insider purchase (code P) in the same window. Browse insider activity →

Percentiles describe where a figure sits among industry peers reporting it (100th = highest). They are position within a peer group, not a rating, and not investment advice. Short interest ranking uses days to cover from FINRA Consolidated Short Interest data; FINRA is the owner and source of that data, included at no additional charge.

Institutional ownership

Held by 3 of the superinvestors we track (plus 6 quant / multi-strat books), based on each investor’s most recent 13F; periods vary by investor (newest: Q2 2026).

Conviction investors
3
+6 quant / multi-strat
Initiated / added
4
1 new, 3 added
Reduced / exited
6
5 trimmed, 1 exited
Combined position
$888.6M
reported long value
InvestorAs ofPosition valueSharesChange
AQR Capital ManagementquantQ2 2026$302.5M8.0MReduced
Starboard ValueQ2 2026$295.8M7.8MReduced
Renaissance TechnologiesquantQ2 2026$136.6M3.6MAdded
Millennium ManagementquantQ2 2026$51.9M1.4MReduced
Point72 Asset ManagementquantQ2 2026$44.6M1.2MAdded
Gotham Asset ManagementQ2 2026$41.7M1.1MAdded
Bridgewater AssociatesQ2 2026$12.8M336.9KNew
Two Sigma InvestmentsquantQ2 2026$1.7M44.7KReduced
Citadel AdvisorsquantQ2 2026$939,56924.7KReduced

No longer held by: Maverick Capital (as of Q2 2026)

From quarterly Form 13F filings, which can be up to 45 days delayed. Long US-listed positions only: excludes short positions, options, cash, bonds, and non-US holdings, so this is not a manager’s complete portfolio. Counts are of the investors we track, not all institutions. Not investment advice.

Recent insider activity

Non-derivative buys and sells (codes P/S) reported by officers, directors and 10% owners on SEC Form 4.

Buys (90d)
1
1 insider
Bought (90d)
$110K
code P value
Sells (90d)
3
$976K
Reported activity
Net selling
by $ value, 90d
Trade dateInsiderTypeSharesPriceValue
2026-09-02
filed 2026-09-03
MCDANIEL ANNDirectorSell3.5K$42.43$150K
2026-08-28
Eigenmann Philip DChief Accounting OfficerSell15.0K$41.70$625K
2026-08-26
filed 2026-08-28
Bailey StephenDirectorSell4.8K$42.26$201K
2026-08-11
filed 2026-08-13
Schiffman GlennDirectorBuy3.0K$36.63$110K
2026-05-08
Brenner Melissa AnneDirectorSell5.1K$35.94$185K

Reported non-derivative purchases and sales (codes P/S) — which may be open-market or private; excludes option exercises, grants, and shares withheld for taxes. Dates shown are the trade date; a Form 4 can be filed days to years later. A sale can be routine (e.g. a pre-set 10b5-1 plan), so read individual transactions in context. From SEC Form 4. Not investment advice.

Short interest

Total shares sold short as of each twice-monthly FINRA settlement. Rising short interest means more investors are positioned against the stock; days to cover estimates how many trading days of average volume that position represents.

Shares short
11.3M
settled 2026-08-14
Change vs prior
+3.2%
vs previous settlement
Days to cover
2.99
at avg daily volume
Avg daily volume
3.8M
FINRA reported
SettlementShares shortChangeDays to cover
2026-08-1411.3M+3.2%2.99
2026-07-3111.0M-11.4%4.80
2026-07-1512.4M-0.9%3.95
2026-06-3012.5M+18.4%2.67
2026-06-1510.5M+3.3%3.81
2026-05-2910.2M+11.9%3.55
2026-05-159.1M+6.2%2.01
2026-04-308.6M-1.6%2.83

Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data, which is included at no additional charge for your own personal or professional use; republishing or redistributing it is not permitted. Settlement dates are shown; FINRA publishes each settlement about nine business days later, so the latest figure can be two to four weeks old. Not presented as a percentage of float. No FINRA endorsement of this product is implied. Not investment advice.

Income statement (as reported)

 FY2025FY2024FY2023FY2022FY2021
Revenue$3.49B$3.48B$3.36B$3.19B$2.98B
Gross profit$2.54B$2.49B$2.41B$2.23B$2.14B
Operating income$872.5M$823.3M$916.9M$515.0M$851.7M
Net income$613.5M$551.3M$651.5M$359.9M$276.6M
Diluted EPS$2.38$2.02$2.26$1.24$0.93

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Balance sheet (as reported)

 FY2025FY2024FY2023FY2022FY2021
Cash and equivalents$1.03B$966.0M$862.4M$572.4M$815.4M
Current assets$1.43B$1.40B$1.27B$882.4M$1.22B
Total assets$4.46B$4.47B$4.51B$4.18B$5.06B
Current liabilities$1.01B$549.5M$531.8M$556.4M$1.17B
Long-term debt$3.55B$3.85B$3.84B$3.84B$3.83B
Total liabilities$4.71B$4.53B$4.53B$4.54B$5.26B
Total equity$-253.4M$-63.7M$-19.1M$-358.9M$-195.8M

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Cash flow (as reported)

 FY2025FY2024FY2023FY2022FY2021
Operating cash flow$1.08B$932.7M$896.8M$525.7M$912.5M
Capital expenditure$56.8M$50.6M$67.4M$49.1M$80.0M
Free cash flow$1.02B$882.1M$829.4M$476.6M$832.5M

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Quarterly trend (as reported)

QuarterRevenueRevenue YoYNet incomeDiluted EPS
Q2 FY2026$853.1M-1.2%$170.5M$0.70
Q1 FY2026$863.9M3.9%$166.8M$0.68
Q4 FY2025$878.0M2.1%$209.7M$0.83
Q3 FY2025$914.3M2.1%$160.8M$0.62
Q2 FY2025$863.7M-0.0%$125.5M$0.49
Q1 FY2025$831.2M-3.3%$117.6M$0.44
Q4 FY2024$860.2M-0.7%$158.3M$0.58
Q3 FY2024$895.5M1.6%$136.5M$0.51

Latest 8 reported quarters, from company XBRL filings on SEC EDGAR.

Company facts

ExchangeNasdaq
SectorCommunication Services
SIC industryServices-Computer Programming, Data Processing, Etc.
Latest annual periodFY2025 (ended December 31, 2025)
Latest reported quarterQ2 FY2026 (ended June 30, 2026)
Oldest indexed filing2018
SEC CIK891103

Selected SEC filings

10-Q2026-08-05
View on EDGAR →
10-Q2026-05-06
View on EDGAR →
8-K2026-08-04
View on EDGAR →
8-K2026-06-18
View on EDGAR →
8-K2026-05-05
View on EDGAR →
8-K2026-04-30
View on EDGAR →

Largest software peers

All software stocksAll Communication Services companies →

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Data sourced from SEC EDGAR. Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.