Match Group reports Q2 revenue down 1% to $853M, EBITDA up 14%; Tinder DAU decline narrows to 4%

Match Group disclosed results of operations and financial condition. The filing provides only the Item 2.02 header without detailed financial data in the body text provided. Item 2.02 filings typically accompany earnings releases or other financial updates furnished to investors.

Match Group disclosed its second quarter 2026 financial results through a press release and prepared remarks. The materials are furnished under both Item 2.02 (Results of Operations and Financial Condition) and Item 7.01 (Regulation FD Disclosure), indicating this is a standard quarterly earnings announcement. Supplemental investor materials were also posted to the company's investor relations website.

The Board declared a cash dividend of $0.20 per share. Shareholders who own stock at the close of business on October 5, 2026 will receive payment on October 20, 2026. This represents a return of capital to shareholders.

Match Group delivered Q2 2026 revenue of $853 million, down 1% year-over-year, driven by a 6% decline in paying users to 13.3 million, partially offset by a 6% increase in revenue per payer to $21.13. Net income rose 36% to $171 million, and Adjusted EBITDA grew 14% to $331 million with a 39% margin, exceeding expectations. The company generated $527 million in free cash flow year-to-date and returned $428 million to shareholders through buybacks, dividends, and equity-award settlements.

Tinder's product-led turnaround showed measurable progress in Q2 2026. Daily active user (DAU) declines narrowed to 4% year-over-year, the best performance in 10 quarters, while monthly active user (MAU) declines improved across Tinder's top five revenue markets and among women. Engagement metrics Sparks and Sparks Coverage remained stable versus Q1, and trends strengthened further in July following algorithm improvements and new features like Double Date, Music Mode, and in-person Events.

Hinge delivered 22% year-over-year revenue growth in Q2 2026, with monthly active users up 13% globally. The brand expanded into six new European markets and four Latin American countries, achieving 86% revenue growth in its European expansion markets while maintaining the top downloaded position across those markets. The company reaffirmed its expectation for Hinge to reach $1 billion in revenue in 2027.

Tinder's daily active users declined only 4% year-over-year in Q2, the best result in 10 quarters and a significant improvement from roughly 10% declines a year ago. In July, DAU improved further to down nearly 2.5% year-over-year, approaching positive growth for the first time in more than three years. Tinder Q2 direct revenue was $457 million, down 1%.

Hinge delivered strong Q2 results with direct revenue of $204 million, up 22% year-over-year, driven by 17% payer growth to 2.0 million and 4% revenue per payer growth to $33.11. Adjusted EBITDA grew 48% to $79 million with a 39% margin, demonstrating continued momentum in the intentioned dating segment.

Match Group guided Q3 2026 total revenue to $885-$895 million (down 2-3% year-over-year) and Adjusted EBITDA to $330-$335 million (up 10% year-over-year, 37% margin). For full year 2026, the company expects total revenue near the mid-point of prior guidance on an as-reported basis and at-or-above the mid-point excluding foreign exchange effects, with Adjusted EBITDA at-or-above the high end of prior guidance and margin exceeding the 37.5% target.

Match Group generated $527 million in free cash flow in the first half of 2026 and returned 81% to shareholders through $245 million in share repurchases (7.3 million shares at $34 average price), $91 million in dividends, and $92 million in employee equity award settlements. The company reduced diluted shares outstanding by 5% year-over-year as of July 31, 2026.