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- Impairment (new) — Azar recorded $25M in intangible asset impairments after Apple required product changes for App Store reinstatement; new version monetizes at lower levels.
Match Group beats Q1 guidance with 25% EBITDA growth; Tinder engagement improves
Filed May 5, 2026 · Period ending May 5, 2026 · ~2 min read
Key Changes
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high
Q1 revenue $864M (up 4% Y/Y), Adjusted EBITDA $343M (up 25%, 40% margin), beating guidance on Tinder strength and $11M Canadian tax reversal. Net income rose 42% to $167M.
Item 2.02 — Results of Operations and Financial Condition verify on EDGAR → -
high
Tinder turnaround accelerating: March Sparks down only 1% Y/Y (vs. -11% prior year), Sparks Coverage up 6%, MAU decline slowed to 7% (slowest in 31 months), registrations returned to growth.
Exhibit 99.1 view on EDGAR → -
high
Invested $100M for minority stake in Sniffies (gay male platform) with future acquisition option; winding down Archer app for $10M annual savings.
Exhibit 99.1 view on EDGAR → -
medium
Azar recorded $25M intangible asset impairment after Apple removed app Feb 22; reinstated Apr 6 with lower monetization. Expect continued revenue pressure through 2026.
Exhibit 99.2 view on EDGAR → -
high
Q2 guidance: revenue $850–860M (down 2% to flat Y/Y), Adjusted EBITDA $325–330M (up 13%, 38% margin). Includes $10M Tinder test headwind, $20M Azar headwind. Dividend $0.20/share payable July 21.
Exhibit 99.2 view on EDGAR →
Summary
Match Group reported first quarter results that exceeded guidance, with revenue of $864 million (up 4%) and Adjusted EBITDA of $343 million (up 25%, 40% margin). The EBITDA beat was driven by stronger Tinder performance and an $11 million benefit from Canada rescinding its digital services tax. Net income rose 42% to $167 million.
The company's Tinder turnaround is showing measurable progress: March engagement metrics improved sharply, with Sparks (six-way conversations) down only 1% year-over-year versus down 11% a year earlier, Sparks Coverage up 6%, and monthly active user declines slowing to 7%—the slowest rate in 31 months. New user registrations returned to growth for the first time since June 2024.
Match invested $100 million for a significant minority stake in Sniffies, a gay male dating platform, with an option to acquire the remainder later (similar to the Hinge deal structure). The company is winding down its Archer app, expecting $10 million in annual cost savings. Separately, Azar recorded a $25 million intangible asset impairment after Apple temporarily removed the app in February; it was reinstated in April but is monetizing at lower levels, and Match expects continued revenue pressure through the year. For Q2, Match guided to revenue of $850–860 million (down 2% to flat) and Adjusted EBITDA of $325–330 million (up 13%), reflecting a $10 million headwind from Tinder user-experience tests and $20 million from Azar. The Board declared a $0.20 per share dividend payable July 21.
Section-by-Section Diff
Event · Item 2.02 — Results of Operations and Financial Condition
Match Group disclosed Q1 2026 financial results via Item 2.02, indicating an earnings release or financial update.
Added in current filing · verify on EDGAR →
Item 2.02. Results of Operations and Financial Condition.
Match Group filed an 8-K under Item 2.02, which companies use to furnish earnings releases, quarterly results, or other financial performance updates. The filing indicates the company disclosed first quarter 2026 results or related financial information on May 5, 2026. Without the full text of the earnings release or press release attachment, the specific metrics (revenue, earnings, guidance) cannot be detailed here, but the Item 2.02 designation confirms a financial results announcement occurred.
Event · Exhibit 99.1
Match Group reported Q1 2026 results with 4% revenue growth, 25% Adjusted EBITDA growth, and announced a $100M investment in Sniffies.
Added in current filing · view on EDGAR →
Total Revenue of $864 million was up 4% year-over-year (“Y/Y”), flat on a foreign exchange
(“FX”) neutral basis (“FXN”), driven by a 10% Y/Y increase in RPP to $20.90, partially offset by
a 5% Y/Y decline in Payers to 13.5 million. ... Net Income of $167 million increased 42% Y/Y, representing a Net Income Margin of 19%. ... Adjusted EBITDA of $343 million increased 25% Y/Y, representing an Adjusted EBITDA
Margin of 40%.
Match Group reported first quarter 2026 revenue of $864 million, up 4% year-over-year, driven by a 10% increase in revenue per payer to $20.90, partially offset by a 5% decline in payers to 13.5 million. Net income increased 42% to $167 million, while Adjusted EBITDA grew 25% to $343 million, representing a 40% margin. The company exceeded its revenue and Adjusted EBITDA expectations for the quarter.
Added in current filing · view on EDGAR →
Match Group continued to simplify its organization, folding MG Asia into its E&E business
unit, which is expected to result in roughly $15 million in annualized cost savings, including
stock-based compensation. ... The
Company also further centralized performance marketing, driving improved coordination
across nearly $600 million in global spend.
Match Group restructured its organization by folding MG Asia (which includes Azar and Pairs brands) into its Evergreen & Emerging business unit, expected to generate approximately $15 million in annualized cost savings including stock-based compensation. The company also centralized performance marketing to improve coordination across nearly $600 million in global marketing spend. These moves are part of the company's '1MG' strategy to simplify operations and enable faster execution.
Event · Item 7.01 — Regulation FD Disclosure
Match Group disclosed Q1 2026 earnings results via press release and prepared remarks furnished under Regulation FD.
Added in current filing · verify on EDGAR →
On May 5, 2026, Match Group, Inc. (“Match Group”) published a press release and prepared remarks, each of which included results for the quarter ended March 31, 2026.
Match Group disclosed its first quarter 2026 financial results through a press release and prepared remarks. The materials cover the quarter ended March 31, 2026. The company also posted supplemental investor materials on its investor relations website.
Event · Exhibit 99.2
Added in current filing · view on EDGAR →
In Q1, Match Group’s Total Revenue was $864 million, up 4%, flat on a foreign exchange (“FX”)
neutral basis (“FXN”). FX was $3 million better than expected at the time of our last earnings call.
Payers declined 5% to 13.5 million, while RPP increased 10% to $20.90. Indirect revenue of $16
million was down 14%, largely driven by a decrease in spend from top advertisers as compared to a
record quarter the prior year. In Q1, Match Group’s Adjusted EBITDA was $343 million, up 25%,
representing an Adjusted EBITDA Margin of 40%. Canada’s rescission of its digital service tax
positively impacted Adjusted EBITDA by $11 million in the quarter.
Match Group reported Q1 2026 total revenue of $864 million (up 4% year-over-year, flat on an FX-neutral basis) and Adjusted EBITDA of $343 million (up 25%), exceeding guidance. The EBITDA beat was driven by stronger-than-expected Tinder performance and an $11 million benefit from Canada rescinding its digital services tax. Payers declined 5% to 13.5 million, but revenue per payer rose 10% to $20.90.
Added in current filing · view on EDGAR →
On Azar, as we previously disclosed, Apple temporarily removed the app from the App Store on
February 22, 2026. The team moved quickly to make adjustments, which led to the reinstatement of a
new version on April 6, 2026. While still early, registrations and MAU are beginning to recover, but the
new app experience is monetizing at lower levels than the previous version. We are testing changes
to the product to improve monetization, but expect continued pressure on Azar Direct Revenue over
the balance of the year. ... Depreciation and amortization increased by $16 million to $48 million due to impairments of
intangible assets at Azar totaling $25 million, resulting from changes required to reinstate the
app in the Apple App Store.
Apple temporarily removed Azar from the App Store on February 22, 2026; the app was reinstated on April 6 after product changes. The new version is monetizing at lower levels than before, and Match expects continued revenue pressure for the rest of the year. The company recorded $25 million in intangible asset impairments at Azar related to the required changes.
Added in current filing · view on EDGAR →
We expect Q2 Total Revenue for Match Group of $850 million to $860 million, down 2% to flat Y/Y.
This range assumes a one point tailwind from FX ... . FXN, we expect Total Revenue to be down 1% to
3% Y/Y. Q2 Total Revenue guidance assumes a $10 million negative impact from Tinder’s user
experience tests and a $20 million negative impact from lower Azar Direct Revenue.
We expect Match Group Adjusted EBITDA of $325 million to $330 million, representing a 13% Y/Y
increase, and an Adjusted EBITDA margin of 38% at the mid-points of the ranges
For Q2 2026, Match Group expects total revenue of $850–$860 million (down 2% to flat year-over-year as reported, down 1–3% FX-neutral) and Adjusted EBITDA of $325–$330 million (up 13%, 38% margin at midpoint). The revenue guidance reflects a $10 million headwind from Tinder user-experience tests and a $20 million headwind from lower Azar revenue following the App Store removal.
Event · Item 8.01 — Other Events
Match Group declared a $0.20 per share cash dividend payable July 21, 2026 to stockholders of record July 7, 2026.
Added in current filing · verify on EDGAR →
Match Group announced that its Board of Directors declared a cash dividend of $0.20 per share of its outstanding common stock, payable on July 21, 2026 to stockholders of record as of the close of business on July 7, 2026.
The Board declared a $0.20 per share cash dividend. Shareholders who own stock at the close of business on July 7, 2026 will receive payment on July 21, 2026. This represents a return of capital to shareholders through regular dividend distribution.
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Figures/quotes linked to EDGAR · Narrative written by AI · Jun 23, 2026 · How we verify