v3.25.1
CONSOLIDATED STATEMENT OF OPERATIONS (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Revenue $ 831,178 $ 859,647
Operating costs and expenses:    
Cost of revenue (exclusive of depreciation shown separately below) 236,908 256,742
Selling and marketing expense 157,096 165,301
General and administrative expense 111,520 106,241
Product development expense 120,854 115,737
Depreciation 21,729 20,521
Amortization of intangibles 10,478 10,367
Total operating costs and expenses 658,585 674,909
Operating income 172,593 184,738
Interest expense (35,256) (40,353)
Other income, net 2,616 9,474
Earnings before income taxes 139,953 153,859
Income tax provision (22,382) (30,625)
Net earnings 117,571 123,234
Net earnings attributable to noncontrolling interests (1) (36)
Net earnings attributable to Match Group, Inc. shareholders $ 117,570 $ 123,198
Net earnings per share attributable to Match Group, Inc. shareholders:    
Basic (USD per share) $ 0.47 $ 0.46
Diluted (USD per share) $ 0.44 $ 0.44
Stock-based compensation expense by function:    
Stock-based compensation expense $ 70,394 $ 63,820
Cost of revenue    
Stock-based compensation expense by function:    
Stock-based compensation expense 1,835 1,711
Selling and marketing expense    
Stock-based compensation expense by function:    
Stock-based compensation expense 2,742 2,838
General and administrative expense    
Stock-based compensation expense by function:    
Stock-based compensation expense 27,006 24,211
Product development expense    
Stock-based compensation expense by function:    
Stock-based compensation expense $ 38,811 $ 35,060