Company: MTCH
Filing Date: 2025-08-06
Form Type: 10-Q
Source: 0000891103-25-000124
Chunk: 24

Company: Match Group, Inc.
Filing Date: 2025-08-06
Form: 10-Q
Item: Part I, Item 1
Chunk 24
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 ended June 30, 2025, the Company recognized $159.6 million of revenue that was included in the deferred revenue balance as of December 31, 2024. The current deferred revenue balance at June 30, 2025 is $161.9 million. At June 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 June 30,Six Months Ended June 30, 2025202420252024 (In thousands)Revenue:Direct Revenue$845,451 $848,133 $1,657,900 $1,693,432 Indirect Revenue (principally advertising revenue)18,287 15,933 37,016 30,281 Total Revenue$863,738 $864,066 $1,694,916 $1,723,713 Direct Revenue:Tinder$461,151 $479,945 $908,554 $961,432 Hinge167,505 133,569 319,746 257,322 Evergreen & Emerging(a)147,863 160,935 297,013 329,535 Match Group Asia(b)68,932 73,684 132,587 145,143 Total Direct Revenue$845,451 $848,133 $1,657,900 $1,693,432 ______________________(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