Match Group Q2 Results Overview

Match Group Inc. (NASDAQ:MTCH) posted second‑quarter 2026 results that missed revenue expectations while beating earnings forecasts, prompting the stock to tumble 13.8% after market open. The company reported adjusted earnings per share of $0.70, exceeding the analyst consensus of $0.65 by $0.05. Revenue for the quarter was $853 million, falling short of the $857.25 million estimate and representing a 1% decline year‑over‑year.

Adjusted EBITDA reached $331 million, a 14% increase from the prior year and delivering a 39% margin. For the upcoming third quarter, Match Group guided revenue between $885 million and $895 million, with a midpoint of $890 million, slightly below the consensus estimate of $891 million. Adjusted EBITDA for Q3 is projected at $330 million to $335 million, implying a midpoint increase of roughly 10% YoY.

Within its portfolio, Tinder’s year‑over‑year daily active user decline narrowed to 4% in Q2, the best performance in ten quarters, and the trend continued to improve in July. Hinge delivered a 22% YoY revenue growth, saw global monthly active users rise 13% YoY, and expanded its presence into six new European countries and four additional Latin American markets during the quarter.

The quarter saw 13.3 million payers, a 6% YoY decrease, while revenue per payer grew 6% YoY to $21.13. Match Group generated $527 million of free cash flow for the first half of 2026 and used $245 million of that cash to repurchase shares.

CEO Spencer Rascoff commented, “Tinder finally looks and feels like the app young daters want to use. We have improved our recommendation algorithms, strengthened Trust and Safety, introduced new ways to connect with features like Double Date and Music Mode, and completed Tinder’s first full rebrand in nearly a decade.”