| Factor | Score | Distribution | Value | Avg | Rank |
|---|---|---|---|---|---|
Valuation | 69 | 15.0x | 17.8x | Top tier | |
Growth | 41 | 1.7% | 7.1% | Around median | |
Quality | 96 | 24.7% | 4.5% | Top tier | |
Safety | 48 | 2.9x | 2.6x | Around median | |
Capital Return | 61 | 1.84% | 2.12% | Around median | |
Momentum | 84 | -2.2% | 2.9% | Top tier | |
Sentiment | 81 | 9 | 3 | Top tier |
Estimates — analyst targets and a simplified DCF, not investment advice.
Ten ratios that matter, each compared against its sector median and average — so you can see whether a number is rich or cheap relative to peers in the same sector.
Match Group operates a portfolio of dating and relationship-building apps and divided its business into Tinder, Hinge, and E&E, which includes brands such as Azar, Pairs, Match, OurTime, BLK, and Upward. The revenue model relies primarily on subscriptions and paid in-app features; in Q2 FY2026, the number of payers reached 13.3 million, and average revenue per payer increased 6% to $21.13, while indirect revenue, including advertising, amounted to only $13 million out of total revenue of $853.1 million.
In Q2 FY2026, revenue declined 1% year over year to $853.1 million, and gross profit reached $648.8 million, with a gross margin of approximately 76%, while net income reached $170.5 million and earnings per share were $0.70. Adjusted earnings before interest, taxes, depreciation, and amortization reached $331 million, up 14%, with a 39% margin, benefiting from a 9% decline in total operating expenses and a 16% decrease in cost of revenue.
Tinder direct revenue reached $457 million, down 1%, compared with $204 million for Hinge, up 22%, and $179 million for E&E, down 17%; Tinder therefore remained the largest contributor to direct revenue, while Hinge was the primary growth driver. For the twelve months ended Q2 FY2026, Match Group recorded revenue of $3.5 billion and net income of $662.7 million, compared with net income of $613.4 million in FY2025.
The analyst consensus is “Buy,” with an average price target of $42.29 and a target range between $38 and $51. The average is only $0.20 below the 52-week high of $42.49, while the low end of the annual range is $28.81, reflecting a meaningful divergence between a successful Tinder turnaround scenario and continued pressure on users and revenue. The positive consensus should also be weighed against guidance for a 2% to 3% decline in Q3 FY2026 revenue and the expected decline in E&E during FY2026.
Figures in the text are as of 2026-08-29; the live price is shown at the top of the page.
Match Group recorded revenue of $853.1 million, down 1% year over year, and gross profit of $648.8 million. Net income reached $170.5 million and earnings per share were $0.70, while adjusted earnings before interest, taxes, depreciation, and amortization increased 14% to $331 million. The adjusted margin reached 39%, supported by a 9% decline in operating expenses and a 16% decrease in cost of revenue.
Tinder did not return to growth in monthly active users in Q2 FY2026, as this metric declined 7% compared with an 8% decline in the previous quarter. However, the decline in daily active users improved from 4% during the quarter to approximately 2.5% in July 2026, and matches increased 14% year over year. Management expects monthly active users to stabilize by the end of Q4 FY2027 and payers to return to growth during the same period.
Hinge generated direct revenue of $204 million in Q2 FY2026, up 22%, compared with a 1% decline in Tinder direct revenue and a 17% decline in E&E direct revenue. The number of Hinge payers increased 17% to 2 million, and its direct revenue in European expansion markets grew 86%. However, it remains smaller than Tinder, which generated $457 million in direct revenue in the same quarter, so Hinge’s growth does not yet fully offset the pressure on the group.
Automated analysis for informational purposes only — not investment advice.
For Q3 FY2026, the company expects revenue between $885 million and $895 million, representing a year-over-year decline of between 2% and 3%, and adjusted earnings before interest, taxes, depreciation, and amortization between $330 million and $335 million. Revenue includes a $10 million negative impact from Tinder tests, experiments, and product changes, and a $15 million impact from the decline in Azar direct revenue. For FY2026, management expects adjusted earnings to be at or above the high end of its February 2026 guidance and the adjusted margin to exceed the 37.5% target.
The company generated operating cash flow of $564 million and free cash flow of $527 million during the first half of FY2026. It repurchased 7.3 million shares for $245 million at an average of $34 per share and paid $91 million in dividends. In July 2026, it purchased an additional 430 thousand shares for $16 million, bringing diluted shares outstanding to 5% below the prior-year level as of July 31, 2026.
The data shows net insider activity of negative 716,780.856 during the three months ended August 28, 2026, with one purchase and two sales. This is a weak signal on its own because insider sales may be prearranged, and the context does not clarify the motives or terms of the transactions. It should therefore be considered alongside more important operating indicators, including the 6% decline in group payers and the 14% growth in adjusted earnings before interest, taxes, depreciation, and amortization in Q2 FY2026.
