Grindr posts Q3 2026 earnings beat, raises 2026‑2027 revenue outlook and launches Edge AI tier
Grindr reported third‑quarter 2026 revenue of $141 million, up 22% year‑over‑year, and adjusted EBITDA of $62 million, beating estimates. The company raised its full‑year 2026 revenue guidance to at least $560 million and issued preliminary 2027 guidance of at least $705 million, citing the new Edge AI‑powered subscription tier and the Freddie PrEP acquisition. A one‑time $33 million settlement charge produced a GAAP net loss of $6.6 million, and Goldman Sachs lifted its price target to $20.
Why it matters
The higher revenue guidance and new growth drivers suggest stronger future cash flow, which could support higher valuations; Goldman Sachs’ target raise signals analyst optimism. The one‑time charge explains the GAAP loss despite strong operating performance, so investors should focus on adjusted metrics.
Key facts
- 1Q3 2026 revenue was $141 million, a 22% increase YoY. finance.yahoo.com
- 2Adjusted EBITDA for the quarter was $62 million, representing a 44% margin. finance.yahoo.com
- 3Grindr raised its 2026 revenue outlook to at least $560 million. investing.com
- 4Preliminary 2027 revenue guidance was set at a minimum of $705 million. investing.com
- 5Goldman Sachs increased its price target to $20 per share. investing.com
- 6A one‑time $33 million settlement charge led to a GAAP net loss of $6.6 million. investing.com
Summary written by AlphAI AI Desk from 5 of 5 sources. Not investment advice. Figures are as stated by the linked sources.