v3.26.1
EARNINGS PER SHARE (Tables)
3 Months Ended
Mar. 31, 2026
Earnings Per Share [Abstract]  
Schedule of Computation of Basic and Diluted 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.