Match Group Releases Third Quarter Financial Results
Match Group (NASDAQ: MTCH) has reported its results for the third quarter ended September 30, 2025, showing modest growth alongside structural shifts in its business.
The company posted $914 million in revenue for the quarter, a 2% year-over-year increase. Net income rose 18% to $161 million, driven by stronger cost management and higher revenue per payer. Adjusted EBITDA came in at $301 million, a 12% decline, though Match Group noted that excluding a $61 million legal settlement and $2 million in restructuring charges, the metric would have increased 6%.
The quarter also marked the resolution of the long-running Candelore v. Tinder case, which challenged Tinder’s previous age-based pricing model. The settlement closes a decade-long legal issue that had remained a point of uncertainty for the company.
CEO Spencer Rascoff emphasized the company’s focus on accelerating innovation and improving user experience across its core platforms. “We’ve moved quickly to accelerate innovation, strengthen accountability, and build for long-term growth,” he said, highlighting the company’s renewed emphasis on product velocity and operational discipline.
Match Group also continued its rollout of alternative payment systems, which are expected to reduce processing fees by approximately $14 million in Q4 and about $90 million in 2026. The company repurchased $550 million in shares year-to-date and maintained $1.1 billion in cash and equivalents at quarter’s end.

