Company: MTCH
Filing Date: 2025-11-05
Form Type: 10-Q
Source: 0000891103-25-000180
Chunk: 42

Company: Match Group, Inc.
Filing Date: 2025-11-05
Form: 10-Q
Item: Part I, Item 1
Chunk 42
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 evaluates the operating results and performance of our segments through revenue, operating income, and Adjusted EBITDA (numerically the same as our previous metric which was called Adjusted Operating Income). These financial metrics are used to view operating trends, perform analytical comparisons, compare performance between periods, and evaluate variances to forecast on a monthly basis.The following table presents revenue by segment, which includes revenue from customers in the form of direct revenue, indirect revenue, which is primarily advertising revenue, and intersegment revenue, which is eliminated in consolidated results:Three Months Ended September 30,Nine Months Ended September 30,2025202420252024(In thousands)Revenue:Tinder$505,344 $516,778 $1,445,461 $1,502,796 Hinge184,671 145,425 504,419 402,747 Evergreen & Emerging156,252 161,181 460,030 496,074 MG Asia69,364 72,282 202,342 217,768 Eliminations(1,356)(182)(3,061)(188)Total$914,275 $895,484 $2,609,191 $2,619,197 The following tables present the segment profitability measures, operating income (loss) and Adjusted EBITDA, and a reconciliation of the total segment profitability measures to income before income taxes:Three Months Ended September 30,Nine Months Ended September 30,2025202420252024(In thousands)Operating income (loss):Tinder$183,743 $234,304 $594,059 $662,876 Hinge46,314 42,207 113,865 90,926 Evergreen & Emerging31,447 3,110 33,728 40,067 MG Asia801 (18,895)3,986 (31,927)Total segment operating income262,305 260,726 745,638 761,942 Corporate and unallocated costs(a)(40,971)(50,066)(157,790)(162,018)Interest expense(37,024)(40,120)(104,440)(120,511)Other income, net9,328 7,100 7,888 27,099 Income before income taxes$193,638 $177,640 $491,296 $506,512 ______________________(a)Includes stock-based compensation and