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Grindr rises after beating earnings, revenue expectations

The company reported earnings results on Thursday.

Grindr reported quarterly earnings results that beat Wall Street expectations and full-year guidance in line with consensus estimates.

For the last three months of 2025, the company reported:

  • $54.9 million in adjusted EBITDA, compared to the $51.9 million analysts polled by FactSet were expecting.

  • $125.9 million in revenue, compared to the $122 million analysts were penciling in.

For the full year in 2026, Grindr expects:

  • Revenue greater than $528 million, right in line with analyst expectations.

  • Adjusted EBITDA of $217 million, compared to the $216.4 million the Street is currently expecting.

Grindr rose more than 4% in after-hours trading. The company is down about 13% since the start of the year.

The company has been testing out new features and premium tiers, with one costing up to $499 a month.

Late last year, Grindrs board rejected a $3.5 billion take-private deal from two of the companys largest shareholders.

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Netflix declines to raise bid for Warner Bros., paving the way for Paramount to triumph

Netflix said Thursday evening that it was declining to increase its offer for Warner Bros., effectively ending the streaming platform's pursuit of the studio and ensuring that Paramount Skydance's improved bid of $31 per share would emerge victorious.

In a statement, Netflix's co-CEOs Ted Sarandos and Greg Peters said "this transaction was always a 'nice to have' at the right price, not a 'must have' at any price."

The Warner Bros. Discovery board said Thursday afternoon that it had determined that Paramount’s latest bid constitutes a superior proposal to the $83 billion agreement it has with Netflix.

Before Netflix's announcement Thursday evening, the Netflix-Warner Bros. merger had remained in effect, and Netflix had a four-business-day window to amend its deal to match or beat Paramount’s. The streamer's announcement effectively eliminates that waiting period and allow Paramount's offer to move forward.

Netflix's statement that it is pulling out of the race allows the Warner Bros. board to terminate its merger agreement with the streamer.

It had been reported that Netflix had ample cash to increase its offer for Warner Bros., but in not doing so, it appears that Netflix management saw its share price increase in the wake of Paramount boosting its bid, and took the strong signal that its own investors that they weren't exactly rooting for it to make the purchase to heart.

Earlier on Thursday, Warner Bros.’ announcement boosted Paramount’s odds on prediction markets to end up in control of the company. As of 4:40 p.m. ET on Thursday, event contracts speculating on which company will ultimately come out on top of the bidding war have Paramount at a 62% chance over Netflix’s 33% odds.

(Event contracts are offered through Robinhood Derivatives, LLC — probabilities referenced or sourced from KalshiEx LLC or ForecastEx LLC.)

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The Warner Bros. Discovery board said Thursday afternoon that it had determined that Paramount’s latest bid constitutes a superior proposal to the $83 billion agreement it has with Netflix.

Before Netflix's announcement Thursday evening, the Netflix-Warner Bros. merger had remained in effect, and Netflix had a four-business-day window to amend its deal to match or beat Paramount’s. The streamer's announcement effectively eliminates that waiting period and allow Paramount's offer to move forward.

Netflix's statement that it is pulling out of the race allows the Warner Bros. board to terminate its merger agreement with the streamer.

It had been reported that Netflix had ample cash to increase its offer for Warner Bros., but in not doing so, it appears that Netflix management saw its share price increase in the wake of Paramount boosting its bid, and took the strong signal that its own investors that they weren't exactly rooting for it to make the purchase to heart.

Earlier on Thursday, Warner Bros.’ announcement boosted Paramount’s odds on prediction markets to end up in control of the company. As of 4:40 p.m. ET on Thursday, event contracts speculating on which company will ultimately come out on top of the bidding war have Paramount at a 62% chance over Netflix’s 33% odds.

(Event contracts are offered through Robinhood Derivatives, LLC — probabilities referenced or sourced from KalshiEx LLC or ForecastEx LLC.)

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