EARNINGS PER SHARE

3 Months Ended

Mar. 31, 2026

NOTE 6—EARNINGS PER SHARE

The following table sets forth the computation of the basic and diluted earnings per share

attributable to Match Group shareholders:


	Three Months Ended March 31,
	2026		2025
	Basic	Diluted	Basic	Diluted

	(In thousands, except per share data)
Numerator
Net income	$166,845	$166,845	$117,571	$117,571
Net income attributable to noncontrolling interests	(8)	(8)	(1)	(1)
Impact from subsidiaries’ dilutive securities	—	—	—	(4)
Dilutive impact of Exchangeable Notes, net of income tax(a)	—	2,919	—	3,173
Net income attributable to Match Group, Inc. shareholders	$166,837	$169,756	$117,570	$120,739

Denominator
Weighted average basic shares outstanding	233,441	233,441	251,130	251,130
Dilutive securities(b)(c)	—	6,037	—	7,341
Dilutive shares from Exchangeable Notes, if-converted(a)	—	11,999	—	13,457
Denominator for earnings per share—weighted average shares(b)(c)	233,441	251,477	251,130	271,928

Earnings per share:
Earnings per share attributable to Match Group, Inc. shareholders	$0.71	$0.68	$0.47	$0.44

______________________

(a)The Company uses the if-converted method for calculating the dilutive impact of the

outstanding Exchangeable Notes. For both the three months ended March 31, 2026 and 2025,

the Company adjusted net income attributable to Match Group, Inc. shareholders for the cash

interest expense, net of income taxes, incurred on the 2026 and 2030 Exchangeable Notes.

Dilutive shares were also included for the same series of Exchangeable Notes.

(b)If the effect is dilutive, weighted average common shares outstanding includes the incremental

shares that would be issued upon the assumed exercise of stock options, warrants, and

subsidiary denominated equity and vesting of restricted stock units. For the three months ended

March 31, 2026 and 2025, 22.6 million and 25.1 million potentially dilutive securities,

respectively, are excluded from the calculation of diluted earnings per share because their

inclusion would have been anti-dilutive.

(c)Market-based awards and performance-based restricted stock units (“PSUs”) are considered

contingently issuable shares. Shares issuable upon exercise or vesting of market-based

awards and PSUs are included in the denominator for earnings per share if (i) the applicable

market or performance condition(s) has been met and (ii) the inclusion of the market-based

awards and PSUs is dilutive for the respective reporting periods. For the three months ended

March 31, 2026 and 2025, 2.5 million and 3.8 million market-based awards and PSUs,

respectively, were excluded from the calculation of diluted earnings per share because the

market or performance conditions had not been met.