Grindr Reports 33% Revenue Growth in Q2

Grindr has reported a 33% year-over-year increase in second-quarter revenue. The LGBTQ+ social and dating platform has raised its full-year financial outlook as a result.

Revenue for the three months ended June 30 reached $138.1 million, compared with $104.2 million in the same period last year. Net income increased to $17.7 million from $16.6 million, producing a net income margin of 12.8%.

Adjusted EBITDA rose 27% year over year to $57.6 million, while the adjusted EBITDA margin was 41.7%, compared with 43.4% a year earlier. For the first six months of 2026, revenue reached $268.1 million, up from $198.2 million in the prior-year period, while Adjusted EBITDA increased to $116.1 million from $85.9 million.

The company attributed the quarter’s performance to user engagement and continued product development. CEO George Arison said Grindr is also moving toward what the company describes as an “AI-native” operating model, with artificial intelligence being incorporated into its product development and internal operations.

Grindr has raised its expectations for the full year, now projecting approximately $540 million in revenue and $232 million in Adjusted EBITDA. The company had previously provided lower guidance, although the release did not specify the earlier figures.

The company’s AI strategy is part of a broader effort to expand its product offering. Grindr said it is developing new products, including Edge, while continuing to make changes to its core user experience – although the company has not detailed how extensively generative AI will be incorporated into its consumer products, with Edge still being in testing.