Company: MTCH
Filing Date: 2025-08-06
Form Type: 10-Q
Source: 0000891103-25-000124
Chunk: 59

Company: Match Group, Inc.
Filing Date: 2025-08-06
Form: 10-Q
Item: Part I, Item 1
Chunk 59
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 2.1 years.

Interest expense

For the three months ended June 30, 2025 compared to the three months ended June 30, 2024

Three Months Ended June 30,2025$ Change% Change2024(Dollars in thousands)Interest expense$32,160 $(7,878)(20)%$40,038 

Interest expense decreased primarily due to the decrease in the outstanding balance of the Term Loan which was repaid in full in January 2025.

For the six months ended June 30, 2025 compared to the six months ended June 30, 2024

Six Months Ended June 30,2025$ Change% Change2024(Dollars in thousands)Interest expense$67,416 $(12,975)(16)%$80,391 

Interest expense decreased primarily driven by the factors described above in the three-month discussion.

39

Other (expense) income, net 

For the three months ended June 30, 2025 compared to the three months ended June 30, 2024

Three Months Ended June 30,2025$ Change% Change2024(Dollars in thousands)Interest Income$2,064 $(8,370)(80)%$10,434 Foreign currency losses(5,966)(5,852)NM(114)Other(154)(359)(175)%205 Other (expense) income, net$(4,056)$(14,581)NM$10,525 

For the six months ended June 30, 2025 compared to the six months ended June 30, 2024

Six Months Ended June 30,2025$ Change% Change2024(Dollars in thousands)Interest income$7,683 $(12,711)(62)%$20,394 Foreign currency losses(9,048)(8,404)NM(644)Other(75)(324)(130)%249 Other (expense) income, net$(1,440)$(21,439)NM$19,999 

Income tax provision

For the three months ended June 30, 2025 compared to the three months ended June 30, 2024

Three Months Ended June 30,2025$ Change% Change2024(Dollars in thousands)Income tax provision$32,227 $(9,466)(23)%$41,693 Effective income tax rate20%24%

In 2025