Company: MTCH
Filing Date: 2025-08-06
Form Type: 10-Q
Source: 0000891103-25-000124
Chunk: 92

Company: Match Group, Inc.
Filing Date: 2025-08-06
Form: 10-Q
Item: Part I, Item 2
Chunk 92
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ed Operating Income, see “Non-GAAP Financial Measures.”

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

Match Group’s operating income and Adjusted Operating Income both decreased 5%.

•Tinder’s operating income was $217.0 million, down 1%, and Adjusted Operating Income was $246.2 million, down 2%, primarily due to the decrease in revenue and costs associated with restructuring operations.

•Hinge’s operating income was $38.9 million, an increase of 29%, and Adjusted Operating Income was $53.8 million, an increase of 27%, primarily due to continued Payer growth across all markets.

•E&E’s operating loss was $4.4 million and Adjusted Operating Income was $16.1 million, down 62%, primarily due to the preliminary settlement with the FTC in the amount of $14.0 million, a decrease in revenue, and costs associated with restructuring operations.

•MG Asia’s operating loss was $0.3 million, an improvement over the prior year of $5.1 million, and Adjusted Operating Income was $16.0 million, an increase of 16%, primarily due to the shut down of the Hakuna app in the second half of 2024.

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

Match Group’s operating income was $366.5 million, down 6%, and Adjusted Operating Income was $565.1 million, down 4%.

•Tinder’s operating income was $410.3 million, down 4%, and Adjusted Operating Income was $474.7 million, down 3%, primarily due to decreases in revenue and costs associated with restructuring operations.

•Hinge’s operating income was $67.6 million, an increase of 39%, and Adjusted Operating Income was $96.4 million, an increase of 35%, primarily due to continued Payer growth across all markets.

•E&E’s operating income was $2.3 million, down 94%, and Adjusted Operating Income was $44.7 million, down 44%, primarily due to continued decreases in revenue, the preliminary settlement with the FTC in the amount of $14.0 million, and costs associated with restructuring operations.

•MG Asia’s operating income was $3.2 million, an improvement over the prior year of $16.