Company: MTCH
Filing Date: 2025-11-05
Form Type: 10-Q
Source: 0000891103-25-000180
Chunk: 31

Company: Match Group, Inc.
Filing Date: 2025-11-05
Form: 10-Q
Item: Part I, Item 1
Chunk 31
---
 30, 2024 because the asset is no longer considered to have an indefinite life.Financial instruments measured at fair value only for disclosure purposesThe following table presents the carrying value and the fair value of financial instruments measured at fair value only for disclosure purposes.September 30, 2025December 31, 2024Carrying ValueFair ValueCarrying ValueFair Value(In thousands)Current maturities of long-term debt (a) (b)$(497,588)$(486,163)$— $— Long-term debt, net (a) (b)$(3,547,718)$(3,447,282)$(3,848,983)$(3,578,976)______________________(a)At September 30, 2025, the carrying value of current maturities of long-term debt, net includes unamortized debt issuance costs of $1.0 million. At September 30, 2025 and December 31, 2024, the carrying value of long-term debt, net includes unamortized original issue discount and debt issuance costs of $27.3 million and $26.0 million, respectively.(b)At September 30, 2025, the fair value of the 2026 Exchangeable Notes and 2030 Exchangeable Notes (described in “Note 4—Long-term Debt, net”) is $486.2 million and $527.4 million, respectively. At December 31, 2024, the fair value of the 2026 Exchangeable Notes and 2030 Exchangeable Notes is $541.2 million and $498.0 million, respectively. At September 30, 2025 and December 31, 2024, the fair value of long-term debt, net, is estimated using observable market prices or indices for similar liabilities, which are Level 2 inputs.

17

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

NOTE 4—LONG-TERM DEBT, NETLong-term debt consists of:September 30, 2025December 31, 2024(In thousands)Credit Facility due March 20, 2029(a)$— $— Term Loan due February 13, 2027— 425,000 5.00% Senior Notes due December 15,