10-Q quarterly report · filed Nov 6, 2025

Grindr Inc. (GRND) Q3 2025 10-Q Quarterly Report

Short answer

Grindr Inc. (GRND) filed its Q3 2025 10-Q quarterly report on Nov 6, 2025 for the quarter ended Sep 30, 2025. Quarterly revenue was $116M (up 29.6% year over year) with net income of $31M.

Q3 2025 key financials · XBRL

Revenue
$116M
+29.6% YoY · +11.1% QoQ
Net income
$31M
+24.9% YoY · +85.3% QoQ
Operating margin
39.1%
EPS (diluted)
$0.16
+14.3% YoY · +100.0% QoQ

Source: XBRL data from the Grindr Inc. (GRND) Q3 2025 10-Q on SEC EDGAR. USD.

Grindr Inc. Q3 2025 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • Quarterly revenue $115.8M vs $89.3M, up 29.7% YoY
  • Net income margin 26.6% vs 27.6%; Adjusted EBITDA margin 47.4% vs 44.9%
  • Direct revenue $96.4M vs $76.9M, up 25.4%; indirect revenue $19.4M vs $12.4M
  • Operating cash flow $55.4M vs $29.1M; free cash flow $51.2M vs $27.9M
  • Warrant exercises generated $314.1M cash proceeds; no near-term guidance disclosed in provided text

Risk Factors

  • Newly added going-private risk triggered by October 24 proposal from shareholders owning over 60%, offering $18.00 per share
  • Transaction risk: financing availability and regulatory approvals could prevent completion of the proposed going-private transaction
  • Governance risk: proposer James Fu Bin Lu resigned from the Board effective November 5, 2025
  • Market risk: common stock traded between $11.73 and $25.13 since June 2, 2025
  • Financial risk: $500.0 million repurchase authorization had $49.494 million remaining at September 30, 2025

Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K

Other Grindr Inc. quarterly reports

Ask about this quarter

Compare quarters, check guidance or see what insiders and funds did around the report.