Company: MTCH
Filing Date: 2025-11-05
Form Type: 10-Q
Source: 0000891103-25-000180
Chunk: 45

Company: Match Group, Inc.
Filing Date: 2025-11-05
Form: 10-Q
Item: Part I, Item 1
Chunk 45
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51,841 9,254 Stock-based compensation(b)66,661 42,514 28,592 15,818 Depreciation(b)17,780 2,654 19,085 11,235 Amortization of intangible assets(b)— — 10,714 19,183 Nine Months Ended September 30, 2024TinderHingeEvergreen & EmergingMG Asia(In thousands)In-app purchase fees$314,547 $110,961 $53,323 $48,051 Cost of acquisition144,354 72,600 151,175 54,714 Variable expense93,928 12,410 34,815 23,787 Employee compensation expense, excluding stock-based compensation expense153,265 69,912 100,885 32,427 Other operating expenses(a)38,844 14,258 33,716 13,872 Stock-based compensation(b)66,557 29,978 41,978 20,683 Depreciation(b)28,425 1,702 15,910 16,957 Impairments and amortization of intangible assets(b)— — 24,205 39,204 ______________________

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

(a)Other operating expenses primarily consists of office rent, business software, travel, indirect taxes, and professional fees.(b)Expense is a non-cash item and excluded from the profitability measure of Adjusted EBITDA.

NOTE 8—CONTINGENCIESIn the ordinary course of business, the Company is a party to various lawsuits. The Company establishes reserves for specific legal matters when it determines that the likelihood of an unfavorable outcome is probable and the loss is reasonably estimable. Management has also identified certain other legal matters where we believe an unfavorable outcome is not probable and, therefore, no reserve is established. Although management currently believes that resolving claims against us, including claims where an unfavorable outcome is reasonably possible, will not have a material impact on the liquidity, results of operations, or financial condition of the Company, these matters are subject to inherent uncertainties and management’s view of these matters may change in the future. The Company also evaluates other contingent matters, including income and non-income tax contingencies, to assess the likelihood of an unfavorable outcome