1
Exhibit 99.1
Match Group Announces First Quarter Results
Tinder Registrations Returned to Y/Y Growth in March, Marking First Increase in Nearly
Two Years
Hinge Launches Category-First Features and Delivers Strong Revenue Growth
LOS ANGELES, May 5, 2026 - Match Group (NASDAQ: MTCH) today announced financial results for
the first quarter ended March 31, 2026, highlighting meaningful progress in its product-led
transformation. In Q1, the Company exceeded its revenue and Adjusted EBITDA expectations, while
continuing to improve operating discipline and reallocate resources toward its highest-conviction
opportunities.
“Match Group delivered a strong start to the year,” said CEO Spencer Rascoff. “Tinder works better
today than it did before. Our product changes are resonating with Gen Z and driving improvements in
leading indicators, which is a clear signal that Tinder's ecosystem is strengthening. Hinge delivered
another strong quarter and launched category-first features for highly intentioned daters that are
improving outcomes.”
In Q1, Tinder demonstrated measurable progress across key metrics and strengthened user trends,
with global MAU retention and registrations returning to year-over-year growth in March, while Hinge
delivered 28% Y/Y Direct Revenue growth, reflecting continued product momentum and international
expansion. The Company also advanced its ‘1MG’ strategy, further simplifying its organizational
structure and operating more cohesively to enable faster execution and better leverage shared
capabilities across brands.
Rascoff continued, “We are maintaining disciplined execution across the business, driving efficiency
while continuing to invest in our highest-priority growth opportunities. We’ve built a stronger foundation
for the business over the past year, and are well-positioned to drive continued progress throughout
2026 and beyond.”
1 As defined on page 10 of this press release.
2
Match Group Q1 2026 Financial Highlights
Total Revenue of $864 million was up 4% year-over-year (“Y/Y”), flat on a foreign exchange
(“FX”) neutral basis (“FXN”), driven by a 10% Y/Y increase in RPP to $20.90, partially offset by
a 5% Y/Y decline in Payers to 13.5 million.
Net Income of $167 million increased 42% Y/Y, representing a Net Income Margin of 19%.
Adjusted EBITDA of $343 million increased 25% Y/Y, representing an Adjusted EBITDA
Margin of 40%.
Operating Cash Flow and Free Cash Flow were $194 million and $174 million, respectively.
Repurchased 2.0 million of our shares at an average price of $31 per share on a trade date
basis for a total of $60 million, paid $44 million in dividends, and deployed $75 million of cash
toward the net settlement of employee equity awards to reduce dilution, equating to 103% of
Free Cash Flow in total.
Diluted shares outstanding1 were 242 million as of April 30, 2026, a decrease of 13 million
shares, or 5%, since April 30, 2025.
The following table summarizes total company consolidated financial results for the three months
ended March 31, 2026 and 2025.
Three Months Ended March 31,
(Dollars in millions, except RPP, Payers in thousands)
2026
2025
Y/Y Change
Total Revenue
$864
$831
4%
Direct Revenue
$848
$812
4%
Net income attributable to Match Group, Inc. shareholders
$167
$118
42%
Net Income Margin
19%
14%
Adjusted EBITDA
$343
$275
25%
Adjusted EBITDA Margin
40%
33%
Payers
13,521
14,198
(5)%
RPP
$20.90
$19.07
10%
2 Based on a random weighted sample of in-app profile views. Bad actors include accounts that engage in deceptive or harmful behaviors,
including spam, scam attempts, or operating automated fake profiles (bots).
3
Other Quarterly Highlights:
Tinder’s product-led turnaround is underway, with leading indicators improving. In
March, Sparks (a proxy for real connection) declined just 1% Y/Y, while Sparks Coverage (a
core engagement metric for conversations) increased 6% Y/Y. In March, MAU trends also
improved, down 7% Y/Y, the slowest rate of decline in 31 months, and new user registrations
returned to Y/Y growth. These trends reflect ongoing product enhancements, including
improved recommendations, new features like Astrology Mode and Music Mode, and
continued investment in Trust & Safety.
Hinge fully rolled out Face Check™ across key markets, reducing interactions with bad
actors2 by 20-30% with minimal impact on revenue.
Match Group made a significant $100 million investment in Sniffies in April, further
strengthening its investment in the non-heterosexual male segment. As part of this move, the
Company will wind down Archer, its gay male app, which is expected to result in approximately
$10 million in annualized cost savings, including stock-based compensation.
Match Group continued to simplify its organization, folding MG Asia into its E&E business
unit, which is expected to result in roughly $15 million in annualized cost savings, including
stock-based compensation. The move brings Azar and Pairs, the two Asia-based businesses,
closer to the rest of the Company, and the Seoul-based engineering talent to Tinder. The
Company also further centralized performance marketing, driving improved coordination
across nearly $600 million in global spend.
A webcast of our first quarter 2026 results will be available at https://ir.mtch.com, along with our
Prepared Remarks and Supplemental Financial Materials. The webcast will begin today, May 5, 2026,
at 5:00 PM Eastern Time. This press release, including the reconciliations of certain non-GAAP
measures to their nearest comparable GAAP measures, is also available on that site.
Financial Outlook
For Q2 2026, Match Group expects:
Total Revenue of $850 to $860 million, down 2% to flat Y/Y.
Adjusted EBITDA of $325 to $330 million, representing a Y/Y increase of 13% at the midpoints
of the ranges.
Adjusted EBITDA Margin of 38% at the midpoints of the ranges.
Dividend Declaration
Match Group's Board of Directors has declared a cash dividend of $0.20 per share of the company's
common stock. The dividend is payable on July 21, 2026 to shareholders of record as of July 7, 2026.
3 Leverage is calculated utilizing the non-GAAP measure Adjusted EBITDA as the denominator. For a reconciliation of the non-GAAP
measure for each period presented, see page 8.
4
Financial Results
Consolidated Operating Costs and Expenses
Three Months Ended March 31,
(Dollars in thousands)
2026
% of
Revenue
2025
% of
Revenue
Y/Y Change
Cost of revenue
$210,656
24%
$236,908
29%
(11)%
Selling and marketing expense
163,030
19%
157,096
19%
4%
General and administrative expense
89,128
10%
111,520
13%
(20)%
Product development expense
116,805
14%
120,854
15%
(3)%
Depreciation
14,132
2%
21,729
3%
(35)%
Impairments and amortization of intangibles
33,767
4%
10,478
1%
222%
Total operating costs and expenses
$627,518
73%
$658,585
79%
(5)%
Liquidity and Capital Resources
During the three months ended March 31, 2026, we generated operating cash flow of $194 million and
Free Cash Flow of $174 million.
During the quarter ended March 31, 2026, we repurchased 2.0 million shares of our common stock for
$60 million on a trade date basis at an average price of $30.67. Between April 1 and April 30, 2026,
we repurchased an additional 0.7 million shares of our common stock for $22 million on a trade date
basis at an average price of $32.03. As of April 30, 2026, $876 million in aggregate value of shares of
Match Group stock remains available under our share repurchase program.
As of March 31, 2026, we had $1.0 billion in cash, cash equivalents, and short-term investments and
$4.0 billion of long-term debt, inclusive of current maturities, all of which is fixed rate debt, including
$1.0 billion of Exchangeable Senior Notes. We plan to use $424 million of cash to repay the
outstanding 0.875% exchangeable senior notes due 2026 at or prior to their maturity in June 2026.
Our $500 million revolving credit facility was undrawn as of March 31, 2026. Match Group’s trailing
twelve-month leverage3 as of March 31, 2026 was 3.1x on a gross basis and 2.3x on a net basis.
On April 21, 2026, we paid a dividend of $0.20 per share to holders of record on April 6, 2026. The
total cash payout was $47 million.
On April 23, 2026, we used $100 million of cash on hand to make a minority interest investment in
Sniffies.
5
GAAP Financial Statements
Consolidated Statement of Operations
 
Three Months Ended March 31,
 
2026
2025
 
(In thousands, except per share data)
Revenue
$863,934
$831,178
Operating costs and expenses:
Cost of revenue (exclusive of depreciation shown separately below)
210,656
236,908
Selling and marketing expense
163,030
157,096
General and administrative expense
89,128
111,520
Product development expense
116,805
120,854
Depreciation
14,132
21,729
Impairment and amortization of intangibles
33,767
10,478
Total operating costs and expenses
627,518
658,585
Operating income
236,416
172,593
Interest expense
(42,525)
(35,256)
Other income, net
6,640
2,616
Income before income taxes
200,531
139,953
Income tax provision
(33,686)
(22,382)
Net income
166,845
117,571
Net income attributable to noncontrolling interests
(8)
(1)
Net income attributable to Match Group, Inc. shareholders
$166,837
$117,570
Net earnings per share attributable to Match Group, Inc. shareholders:
    Basic
$0.71
$0.47
    Diluted
$0.68
$0.44
Basic shares outstanding
233,441
251,130
Diluted shares outstanding
251,477
271,928
Stock-based compensation expense by function:
Cost of revenue
$1,467
$1,835
Selling and marketing expense
2,608
2,742
General and administrative expense
19,762
27,006
Product development expense
34,730
38,811
Total stock-based compensation expense
$58,567
$70,394
6
Consolidated Balance Sheet
March 31, 2026
December 31, 2025
(In thousands)
ASSETS
Cash and cash equivalents
$1,020,095
$1,027,838
Short-term investments
3,298
3,461
Accounts receivable, net
293,186
303,495
Other current assets
105,609
92,500
Total current assets
1,422,188
1,427,294
Property and equipment, net
138,877
131,159
Goodwill
2,336,995
2,339,350
Intangible assets, net
152,411
192,929
Deferred income taxes
195,649
216,057
Other non-current assets
161,817
154,022
TOTAL ASSETS
$4,407,937
$4,460,811
LIABILITIES AND SHAREHOLDERS’ EQUITY
 
 
LIABILITIES
 
 
Current maturities of long-term debt, net
$423,729
$423,580
Accounts payable
9,309
9,577
Deferred revenue
150,252
151,337
Accrued expenses and other current liabilities
323,303
422,051
Total current liabilities
906,593
1,006,545
Long-term debt, net of current maturities
3,550,473
3,549,099
Income taxes payable
45,873
43,522
Deferred income taxes
1,781
10,732
Other long-term liabilities
121,334
104,309
Commitments and contingencies
SHAREHOLDERS’ EQUITY
 
Common stock
303
300
Additional paid-in capital
8,661,187
8,721,015
Retained deficit
(5,799,470)
(5,966,307)
Accumulated other comprehensive loss
(434,141)
(422,620)
Treasury stock
(2,645,996)
(2,585,892)
Total Match Group, Inc. shareholders’ equity
(218,117)
(253,504)
Noncontrolling interests
108
Total shareholders’ equity
(218,117)
(253,396)
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY
$4,407,937
$4,460,811
7
Consolidated Statement of Cash Flows
 
Three Months Ended March 31,
 
2026
2025
 
(In thousands)
Cash flows from operating activities:
Net income
$166,845
$117,571
Adjustments to reconcile net income to net cash provided by operating activities:
Stock-based compensation expense
58,567
70,394
Depreciation
14,132
21,729
Impairments and amortization of intangibles
33,767
10,478
Deferred income taxes
11,641
(3,722)
Other adjustments, net
2,211
5,325
Changes in assets and liabilities
Accounts receivable
8,992
2,510
Other assets
(9,450)
15,230
Accounts payable and other liabilities
(98,042)
(49,339)
Income taxes payable and receivable
6,491
11,525
Deferred revenue
(796)
(8,584)
Net cash provided by operating activities
194,358
193,117
Cash flows from investing activities:
 
 
Capital expenditures
(20,384)
(15,427)
Other, net
(1,067)
Net cash used in investing activities
(20,384)
(16,494)
Cash flows from financing activities:
 
 
Principal payments on Term Loan
(425,000)
Proceeds from issuance of common stock pursuant to stock-based awards and
employee stock purchase plan
378
Withholding taxes paid on behalf of employees on net settled stock-based awards
(74,848)
(78,749)
Dividends
(44,189)
(47,791)
Purchase of treasury stock
(60,104)
(188,676)
Purchase of noncontrolling interests
(232)
(84)
Other, net
(374)
Net cash used in financing activities
(179,373)
(740,296)
Total cash used
(5,399)
(563,673)
Effect of exchange rate changes on cash and cash equivalents
(2,344)
7,102
Net decrease in cash and cash equivalents
(7,743)
(556,571)
Cash, cash equivalents, and restricted cash at beginning of period
1,027,838
965,993
Cash, cash equivalents, and restricted cash at end of period
$1,020,095
$409,422
8
Reconciliations of GAAP to Non-GAAP Measures
Reconciliation of Net Income to Adjusted EBITDA
Three Months Ended March 31,
2026
2025
(Dollars in thousands)
Net income attributable to Match Group, Inc. shareholders
$166,837
$117,570
Add back:
Net income attributable to noncontrolling interests
8
1
Income tax provision
33,686
22,382
Other income, net
(6,640)
(2,616)
Interest expense
42,525
35,256
Stock-based compensation expense
58,567
70,394
Depreciation
14,132
21,729
Impairment and amortization of intangibles
33,767
10,478
Adjusted EBITDA
$342,882
$275,194
Revenue
$863,934
$831,178
Net Income Margin
19%
14%
Adjusted EBITDA Margin
40%
33%
Reconciliation of Net Income to Adjusted EBITDA used in Leverage Ratios
Twelve months
ended
March 31, 2026
(In thousands)
Net income attributable to Match Group, Inc. shareholders
$662,713
Add back:
Net income attributable to noncontrolling interests
22
Income tax provision
143,846
Other income, net
(25,049)
Interest expense
154,820
Stock-based compensation expense
246,375
Depreciation
59,515
Impairment and amortization of intangibles
61,837
Adjusted EBITDA
$1,304,079
Reconciliation of Operating Cash Flow to Free Cash Flow
Three months ended
March 31, 2026
(In thousands)
Net cash provided by operating activities
$194,358
Capital expenditures
(20,384)
Free Cash Flow
$173,974
9
Reconciliation of Forecasted Net Income to Forecasted Adjusted EBITDA
Three Months Ended
June 30, 2026
(In millions)
Net income attributable to Match Group, Inc. shareholders
$160 to $165
Add back:
Income tax provision
40
Other income, net
(6)
Interest expense
43
Stock-based compensation expense
65
Depreciation and amortization of intangibles
23
Adjusted EBITDA
$325 to $330
Revenue
$850 to $860
Net Income Margin (at the mid-point of the ranges)
19%
Adjusted EBITDA Margin (at the mid-point of the ranges)
38%
Reconciliation of GAAP Revenue to Non-GAAP Revenue, Excluding Foreign Exchange
Effects
 
Three Months Ended March 31,
 
2026
$ Change
% Change
2025
 
(Dollars in millions, rounding differences may occur)
Total Revenue, as reported
$863.9
$32.8
4%
$831.2
Foreign exchange effects
(31.6)
Total Revenue, excluding foreign exchange effects
$832.3
$1.1
%
$831.2
10
Dilutive Securities
Match Group has various tranches of dilutive securities. The table below details these securities and their potentially
dilutive impact (shares in millions; rounding differences may occur).
Average Exercise
Price
4/30/2026
Share Price
$37.42
Absolute Shares
233.3
Equity Awards
Options
$18.79
0.1
RSUs and subsidiary denominated equity awards
9.0
Total Dilution - Equity Awards
9.1
Outstanding Warrants
Warrants expiring on September 15, 2026 (5.0 million outstanding)
$130.08
Warrants expiring on April 15, 2030 (7.1 million outstanding)
$130.14
Total Dilution - Outstanding Warrants
Total Dilution
9.1
% Dilution
3.8%
Total Diluted Shares Outstanding
242.4
______________________
The dilutive securities presentation above is calculated using the methods and assumptions described below; these
are different from GAAP dilution, which is calculated based on the treasury stock method.
Options — The table above assumes the options are settled net of the option exercise price and employee
withholding taxes, as is our practice, and the dilutive effect is presented as the net shares that would be issued upon
exercise. Withholding taxes paid by the Company on behalf of the employees upon exercise is estimated to be
$4.4 million, assuming the stock price in the table above and a 50% estimated employee withholding tax rate.
RSUs and subsidiary denominated equity awards — The table above assumes RSUs are settled net of employee
withholding taxes, as is our practice, and the dilutive effect is presented as the net number of shares that would be
issued upon vesting. Withholding taxes paid by the Company on behalf of the employees upon vesting is estimated to
be $336.1 million, assuming the stock price in the table above and a 50% withholding rate.
All performance-based and market-based awards reflect the expected shares that will vest based on current
performance or market estimates. The table assumes no change in the fair value estimate of the subsidiary
denominated equity awards from the values used for GAAP purposes at March 31, 2026.
Exchangeable Senior Notes — The Company has two series of Exchangeable Senior Notes outstanding. In the
event of an exchange, each series of Exchangeable Senior Notes can be settled in cash, shares, or a combination of
cash and shares. At the time of each Exchangeable Senior Notes issuance, the Company purchased call options with
a strike price equal to the exchange price of each series of Exchangeable Senior Notes (“Note Hedge”), which can be
used to offset the dilution of each series of the Exchangeable Senior Notes. No dilution is reflected in the table above
for any of the Exchangeable Senior Notes because it is the Company’s intention to settle the Exchangeable Senior
Notes with cash equal to the face amount of the notes; any shares issued would be offset by shares received upon
exercise of the Note Hedge.
Warrants — At the time of the issuance of each series of Exchangeable Senior Notes, the Company also sold
warrants for the number of shares with the strike prices reflected in the table above. The cash generated from the
exercise of the warrants is assumed to be used to repurchase Match Group shares and the resulting net dilution, if
any, is reflected in the table above.
11
Non-GAAP Financial Measures
Match Group reports Adjusted EBITDA, Adjusted EBITDA Margin, Free Cash Flow, and Revenue Excluding Foreign
Exchange Effects, all of which are supplemental measures to U.S. generally accepted accounting principles (“GAAP”). The
Adjusted EBITDA, Adjusted EBITDA Margin, and Free Cash Flow measures are among the primary metrics by which we
evaluate the performance of our business, on which our internal budget is based and by which management is
compensated. Revenue Excluding Foreign Exchange Effects provides a comparable framework for assessing the
performance of our business without the effect of exchange rate differences when compared to prior periods. We believe that
investors should have access to the same set of tools that we use in analyzing our results. These non-GAAP measures
should be considered in addition to results prepared in accordance with GAAP but should not be considered a substitute for
or superior to GAAP results. Match Group endeavors to compensate for the limitations of the non-GAAP measures
presented by providing the comparable GAAP measures and descriptions of the reconciling items, including quantifying such
items, to derive the non-GAAP measures. We encourage investors to examine the reconciling adjustments between the
GAAP and non-GAAP measures, which we describe below. Interim results are not necessarily indicative of the results that
may be expected for a full year.
Definitions of Non-GAAP Measures
Adjusted EBITDA is defined as net income attributable to Match Group, Inc. shareholders excluding: (1) net income
attributable to noncontrolling interests; (2) income tax provision or benefit; (3) other income (expense), net; (4) interest
expense; (5) depreciation; (6) acquisition-related items consisting of (i) amortization of intangible assets and impairments of
goodwill and intangible assets, if applicable and (ii) gains and losses recognized on changes in fair value of contingent
consideration arrangements, as applicable; and (7) stock-based compensation expense. We believe Adjusted EBITDA is
useful to analysts and investors as this measure allows a more meaningful comparison between our performance and that of
our competitors. Adjusted EBITDA has certain limitations because it excludes certain expenses.
Adjusted EBITDA Margin is defined as Adjusted EBITDA divided by revenues. We believe Adjusted EBITDA Margin is
useful for analysts and investors as this measure allows a more meaningful comparison between our performance and that
of our competitors. Adjusted EBITDA Margin has certain limitations in that it does not take into account the impact to our
consolidated statement of operations of certain expenses.
Free Cash Flow is defined as net cash provided by operating activities, less capital expenditures. We believe Free Cash
Flow is useful to investors because it represents the cash that our operating businesses generate, before taking into account
non-operational cash movements. Free Cash Flow has certain limitations in that it does not represent the total increase or
decrease in the cash balance for the period, nor does it represent the residual cash flow for discretionary expenditures.
Therefore, we think it is important to evaluate Free Cash Flow along with our consolidated statement of cash flows.
We look at Free Cash Flow as a measure of the strength and performance of our businesses, not for valuation purposes. In
our view, applying “multiples” to Free Cash Flow is inappropriate because it is subject to timing, seasonality and one-time
events. We manage our business for cash, and we think it is of utmost importance to maximize cash – but our primary
valuation metric is Adjusted EBITDA.
Revenue Excluding Foreign Exchange Effects is calculated by translating current period revenues using prior period
exchange rates. The percentage change in Revenue Excluding Foreign Exchange Effects is calculated by determining the
change in current period revenues over prior period revenues where current period revenues are translated using prior
period exchange rates. We believe the impact of foreign exchange rates on Match Group, due to its global reach, may be an
important factor in understanding period over period comparisons if movement in rates is significant. Since our results are
reported in U.S. dollars, international revenues are favorably impacted as the U.S. dollar weakens relative to other
currencies, and unfavorably impacted as the U.S. dollar strengthens relative to other currencies. We believe the presentation
of revenue excluding foreign exchange effects in addition to reported revenue helps improve the ability to understand Match
Group’s performance because it excludes the impact of foreign currency volatility that is not indicative of Match Group’s core
operating results.
12
Non-Cash Expenses That Are Excluded From Our Non-GAAP Measures
Stock-based compensation expense consists principally of expense associated with the grants of RSUs, performance-
based RSUs, and market-based awards. These expenses are not paid in cash, and we include the related shares in our fully
diluted shares outstanding using the treasury stock method; however, performance-based RSUs and market-based awards
are included only to the extent the applicable performance or market condition(s) have been met (assuming the end of the
reporting period is the end of the contingency period). To the extent stock-based awards are settled on a net basis, we remit
the required tax-withholding amounts from our current funds.
Depreciation is a non-cash expense relating to our property and equipment and is computed using the straight-line method
to allocate the cost of depreciable assets to operations over their estimated useful lives, or, in the case of leasehold
improvements, the lease term, if shorter.
Amortization of intangible assets and impairments of goodwill and intangible assets are non-cash expenses related
primarily to acquisitions. At the time of an acquisition, the identifiable definite-lived intangible assets of the acquired company,
such as customer lists, trade names and technology, are valued and amortized over their estimated lives. Value is also
assigned to (i) acquired indefinite-lived intangible assets, which consist of trade names and trademarks, and (ii) goodwill,
which are not subject to amortization. An impairment is recorded when the carrying value of an intangible asset or goodwill
exceeds its fair value. We believe that intangible assets represent costs incurred by the acquired company to build value
prior to acquisition and the related amortization and impairment charges of intangible assets or goodwill, if applicable, are not
ongoing costs of doing business.
Additional Definitions
Tinder consists of the world-wide activity of the brand Tinder®.
Hinge consists of the world-wide activity of the brand Hinge®.
Evergreen & Emerging (“E&E”) consists of the world-wide activity of our Evergreen brands, including Match®, Meetic®,
OkCupid®, Plenty Of Fish®, and a number of demographically focused brands, and our Emerging brands, including BLK®,
ChispaTM, The League®, Upward®, YuzuTM, Salams®, HERTM, and other smaller brands.
Match Group Asia (“MG Asia”) consists of the world-wide activity of the brands Pairs® and Azar®.
Direct Revenue is revenue that is received directly from end users of our services and includes both subscription and à la
carte revenue.
Indirect Revenue is revenue that is not received directly from end users of our services, a majority of which is advertising
revenue.
Sparks the number of users engaging in six-way conversations on Tinder.
Sparks Coverage the percentage of our users who experience a Spark in a given period on Tinder.
Payers are unique users at a brand level in a given month from whom we earned Direct Revenue. When presented as a
quarter-to-date or year-to-date value, Payers represents the average of the monthly values for the respective period
presented. At a consolidated level and a business unit level to the extent a business unit consists of multiple brands,
duplicate Payers may exist when we earn revenue from the same individual at multiple brands in a given month, as we are
unable to identify unique individuals across brands in the Match Group portfolio.
Revenue Per Payer (“RPP”) is the average monthly revenue earned from a Payer and is Direct Revenue for a period
divided by the Payers in the period, further divided by the number of months in the period.
Monthly Active User (“MAU”) is a unique registered user at a brand level who has visited the brand’s app or, if applicable,
their website in the given month. For measurement periods that span multiple months, the average of each month is used. At
a consolidated level and a business unit level to the extent a business unit consists of multiple brands, duplicate users will
exist within MAU when the same individual visits multiple brands in a given month.
Leverage on a gross basis is calculated as principal debt balance divided by Adjusted EBITDA for the period referenced.
Leverage on a net basis is calculated as principal debt balance less cash and cash equivalents and short-term investments
divided by Adjusted EBITDA for the period referenced.
13
Other Information
Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995
This press release and our conference call, which will be held at 5:00 p.m. Eastern Time on May 5, 2026, may contain
“forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. All statements that
are not historical facts are “forward looking statements.” The use of words such as “anticipates,” “estimates,” “expects,”
“plans,” “believes,” “will,” and “would,” among others, generally identify forward-looking statements. These forward-looking
statements include, among others, statements relating to: Match Group’s future financial performance, Match Group’s
business prospects and strategy, anticipated trends, and other similar matters. These forward-looking statements are based
on management’s current expectations and assumptions about future events, which are inherently subject to uncertainties,
risks and changes in circumstances that are difficult to predict. Actual results could differ materially from those contained in
these forward-looking statements for a variety of reasons, including, among others: failure to retain existing users or add new
users, or if users do not convert to paying users; competition; risks related to our restructuring and reorganization activities;
our ability to attract and retain users through cost-effective marketing efforts; our reliance on a variety of third-party platforms,
in particular, mobile app stores; our ability to realize reductions in in-app purchase fees; inappropriate actions by certain of
our users could be attributed to us or may not be adequately prevented by us; dependence on our key personnel; volatile
global economic conditions; operational and financial risks in connection with acquisitions; impairment charges related to our
intangible assets; operations in various international markets, including certain markets in which we have limited experience;
foreign currency exchange rate fluctuations; challenges in measuring our user metrics and other estimates; the limited
operating history of our newer brands and services makes it difficult to evaluate our current business and future prospects;
impacts of climate change; the integrity of our and third parties’ systems and infrastructure; cyberattacks on our systems and
infrastructure and cyberattacks experienced by third parties; our ability to access, collect, and use personal data about our
users; breaches or unauthorized access of personal and confidential or sensitive user information that we maintain and
store; challenges with properly managing the use of artificial intelligence; risks related to credit card payments; risks related
to our use of “open source” software; complex and evolving U.S., foreign, and international laws and regulations; our ability
to protect our intellectual property rights or accusations that we infringe upon the intellectual property rights of others;
adverse outcomes in litigation; risks related to our taxation in multiple jurisdictions; risks related to our indebtedness; and
risks relating to ownership of our common stock. Certain of these and other risks and uncertainties are discussed in Match
Group’s filings with the Securities and Exchange Commission. Other unknown or unpredictable factors that could also
adversely affect Match Group’s business, financial condition and results of operations may arise from time to time. In light of
these risks and uncertainties, these forward-looking statements may not prove to be accurate. Accordingly, you should not
place undue reliance on these forward-looking statements, which only reflect the views of Match Group management as of
the date of this press release. Match Group does not undertake to update these forward-looking statements.
About Match Group
Match Group (NASDAQ: MTCH), through its portfolio companies, is a leading provider of digital technologies
designed to help people make meaningful connections. Our global portfolio of brands includes Tinder®, Hinge®,
Match®, Meetic®, OkCupid®, Pairs™, PlentyOfFish®, Azar®, BLK®, and more, each built to increase our users’
likelihood of connecting with others. Through our trusted brands, we provide tailored services to meet the
varying preferences of our users.
Contact Us
Tanny Shelburne
Match Group Investor Relations
ir@match.com
Vidhya Murugesan
Match Group Corporate Communications
matchgroupPR@match.com
Match Group
8750 North Central Expressway, Suite 1400, Dallas, TX 75231, (214) 576-9352 https://mtch.com