Company: MTCH
Filing Date: 2025-11-05
Form Type: 10-Q
Source: 0000891103-25-000180
Chunk: 24

Company: Match Group, Inc.
Filing Date: 2025-11-05
Form: 10-Q
Item: Part I, Item 1
Chunk 24
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2025, the Company recognized $162.8 million of revenue that was included in the deferred revenue balance as of December 31, 2024. The current deferred revenue balance at September 30, 2025 is $159.8 million. At September 30, 2025 and December 31, 2024, there was no non-current portion of deferred revenue.Practical Expedients and ExemptionsAs permitted under the practical expedient available under ASU No. 2014-09, Revenue from Contracts with Customers, the Company does not disclose the value of unsatisfied performance obligations for (i) contracts with an original expected length of one year or less, (ii) contracts with variable consideration that is allocated entirely to unsatisfied performance obligations or to a wholly unsatisfied promise accounted for under the series guidance, and (iii) contracts for which the Company recognizes revenue at the amount which we have the right to invoice for services performed.

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Table of ContentsMATCH GROUP, INC. AND SUBSIDIARIESNOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Unaudited) (Continued)

Disaggregation of RevenueThe following table presents disaggregated revenue: Three Months Ended September 30,Nine Months Ended September 30, 2025202420252024 (In thousands)Revenue:Direct Revenue$896,661 $879,196 $2,554,561 $2,572,628 Indirect Revenue (principally advertising revenue)17,614 16,288 54,630 46,569 Total Revenue$914,275 $895,484 $2,609,191 $2,619,197 Direct Revenue:Tinder$490,613 $503,217 $1,399,167 $1,464,649 Hinge184,671 145,425 504,417 402,747 Evergreen & Emerging(a)152,241 158,390 449,254 487,925 Match Group Asia(b)69,136 72,164 201,723 217,307 Total Direct Revenue$896,661 $879,196 $2,554,561 $2,572,628 ______________________(a)Primarily consists of the brands Match®, Meetic®, OkCupid®, Plenty Of Fish®, and a number of demographically focused brands.(b)Primarily consists of the brands Pairs™ and