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Paige Oamek

Match Group earnings beat Wall Street’s expectations

Tinder is so back.

Match Group rose more than 4% in postmarket trading Tuesday after reporting Q1 earnings that beat Wall Street’s expectations. The dating app conglomerate reported:

  • Revenue of $864 million (compared to analyst estimates of $854.8 million and guidance for $850 million to $860 million).

  • Adjusted EBITDA of $343 million (estimate: $317.3 million, guidance for $315 million to $320 million).

  • Adjusted earnings per share of $0.68 (estimate: $0.61).

  • 13.5 million current paying users (estimate: 13.6 million).

The company has been seeking to diversify its user base. “Winning women is critical to us,” CEO Spencer Rascoff told the Financial Times, speaking about the app Tinder in April. “[Achieving] gender parity is very challenging, but we absolutely need to do a better job of driving outcomes for women.”

Though Match doesn’t disclose gender breakdowns, market intelligence platform Sensor Tower estimates that 75% of Tinder’s users are men.

Match also sees queer men as part of this effort to grow its user base. In April, the dating app company invested 100 million in Sniffies, a competitor to Grindr.

In its press release on Tuesday, the company noted a turnaround with Gen Z on Tinder — the dating app that makes up the bulk of its revenue — “which is a clear signal that Tinder’s ecosystem is strengthening.”

With Tinder’s revenue up 2% year over year, the company can breathe a sigh of relief, as it won’t have to lean as heavily on high-growth Hinge (up 28% year over year).

For Q2 2026, Match Group expects total revenue of $850 million to $860 million, in line with analyst estimates of $856 million. 

Meanwhile, the company’s competitor, Bumble, reported on Tuesday a 14% decrease in revenue year over year and a 21% decrease in paying users in the first quarter.

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Nike sinks to lowest level since 2014 after warning of “challenged” sales environment in Q4 report

Did Nike do it?

Investors had a mixed reaction after the global sports apparel company reported its fourth quarter earnings on Tuesday after the bell. Shares initially rose 5% as Nike beat out Wall Street expectations amid a hefty tariff refund bonus. However, the stock then sank to its lowest level since August 2014 in postmarket trading.

Here are the Q4 numbers:

  • Revenue of $11.0 billion (estimate: $10.8 billion).

  • Adjusted earnings per share of $0.20 (estimate: $0.12).

Ahead of this report, Nike warned that results would be flattered by a one-time tariff refund (now estimated at roughly $0.52 per share for the bottom line). That gave the company an extra cushion in snapping its streak of seven quarters of year-over-year profit declines.

Over the past year, the company had been punished by tariffs on imported goods, stagnant consumer spending, and increasing competition from other footwear brands like New Balance, Adidas, and Hoka.

Outgoing CFO Matthew Friend deemed it an “increasingly challenging operating environment, where sell-through remains challenged.”

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