Services-Computer Programming, Data Processing, Etc. · SIC 7370

Grindr Inc.

GRND

Watch

Latest revenue

$129.9M

as of 2026-03-31

Latest net income

$26.8M

as of 2026-03-31

Net margin

20.6%

as of 2026-03-31

Price · 5Y

+5.3% / yr 8.5 pts / yr vs S&P 500 29.2% total
Compare:

Live market

delayed ≤15 min
$12.95
0.94%
Market cap
$2.30B
Enterprise value
$2.30B
P/E (trailing)
24.3×
Forward P/E
P/B
Dividend yield
0.0%
52-wk high
$25.13
52-wk low
$9.73
Beta
Shares out
177.7M

5-year trend

What this company does

AI

Item 1. Business Our Company Our mission is to build the Global Gayborhood in Your Pocket™, and, through our success, to make a world where the lives of our global LGBTQ community are free, equal, and just. We manage and operate the Grindr platform, a global social networking platform primarily serving and addressing the needs of gay, bisexual, and sexually explorative adults around the world. We had 15.0 million, 14.2 million, and 13.3 million Average MAUs for the years ended December 31, 2025, 2024, and 2023, respectively. Additionally, we had 1.3 million, 1.1 million, and 0.9 million Average Paying Users for the years ended December 31, 2025, 2024, and 2023, respectively. We enable our…

AI summary unavailable — showing raw filing excerpt

Generated from GRND's filing dated 2026-03-02

Key risks

AI

Item 1A. Risk Factors RISK FACTORS Investing in our securities involves a high degree of risk. Before you make a decision to buy our securities, in addition to the risks and uncertainties discussed above under “Special Note Regarding Forward-Looking Statements,” you should carefully consider the risks and uncertainties described below together with all of the other information contained in this Annual Report, including our financial statements and related notes appearing at the end of this Annual Report and in the section titled “Management’s Discussion and Analysis of Financial Condition and Results of Operations.” If any of the events or developments described below were to occur, our…

AI summary unavailable — showing raw filing excerpt

Generated from GRND's filing dated 2026-03-02

Profitability

Operating margin

28.7%

6.8%

Net margin

21.5%

156.7%

Return on equity

-64.1%

Return on assets

17.8%

165.3%

Leverage

Debt / equity

-8.86×

Long-term debt / equity

-3.68×

Debt / assets

112.7%

Earnings tracker

QuarterRevenueYoYNet incomeYoYNet margin

Q1 2026

2026-03-31

$129.9M+38.3%$26.8M-1.0%20.6%

Q4 2025

2025-12-31

$126.0M+29.0%$20.3M+122.0%16.1%

Q3 2025

2025-09-30

$115.8M+29.6%$30.8M+531.3%26.6%

Q2 2025

2025-06-30

$104.2M+26.6%$16.6M+174.2%16.0%

Q1 2025

2025-03-31

$93.9M+24.7%$27.0M+387.3%28.8%

Q4 2024

2024-12-31

$97.6M$-92.0M-94.3%

Q3 2024

2024-09-30

$89.3M+27.1%$-7.1M-1535.9%-8.0%

Q2 2024

2024-06-30

$82.3M+33.8%$-22.4M-112.2%-27.2%

Year-over-year change vs the same fiscal quarter one year prior. Revenue + net income sourced from SEC 10-Q / 10-K filings — no analyst-consensus dependency.

Industry trend

Services-Computer Programming, Data Processing, Etc. · SIC 7370

No data yet for industry average

Your notes

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Insider activity

Insider buying

$22.4M

Insider selling

$156.9M

Net activity

−$134.4M

Distinct insiders

8

Open-market trades over the last 365 days.

Recent transactions

DateInsiderTypeSharesPriceValue
2026-05-08

Austin J Balance

Chief Product Officer

Sale13,153$15.00$197.3K
2026-05-08

Austin J Balance

Chief Product Officer

Sale18,462$15.00$277.0K
2026-05-01

Nathan Richardson

Director

Sale1,500$13.51$20.3K
2026-04-01

Nathan Richardson

Director

Sale1,500$12.17$18.3K
2026-03-02

Nathan Richardson

Director

Sale1,500$11.27$16.9K
2026-02-06

James Fu Bin Lu

10%+ owner

Sale475,000$10.01$4.8M
2026-02-05

James Fu Bin Lu

10%+ owner

Sale600,000$10.07$6.0M
2026-02-04

James Fu Bin Lu

10%+ owner

Sale375,000$10.13$3.8M
2026-02-03

James Fu Bin Lu

10%+ owner

Sale234,339$10.73$2.5M
2026-02-02

Nathan Richardson

Director

Sale1,500$11.18$16.8K
2026-02-02

James Fu Bin Lu

10%+ owner

Sale178,427$11.14$2.0M
2026-01-30

James Fu Bin Lu

10%+ owner

Sale200,000$11.27$2.3M
2026-01-27

James Fu Bin Lu

10%+ owner

Sale200,000$11.74$2.3M
2026-01-26

James Fu Bin Lu

10%+ owner

Sale239,000$11.97$2.9M
2026-01-23

James Fu Bin Lu

10%+ owner

Sale200,000$11.90$2.4M
2026-01-22

James Fu Bin Lu

10%+ owner

Sale200,000$11.98$2.4M
2026-01-21

James Fu Bin Lu

10%+ owner

Sale200,000$11.99$2.4M
2026-01-20

James Fu Bin Lu

10%+ owner

Sale200,000$12.06$2.4M
2026-01-12

James Fu Bin Lu

10%+ owner

Sale112,368$13.23$1.5M
2026-01-09

James Fu Bin Lu

10%+ owner

Sale302,939$13.22$4.0M
2026-01-05

James Fu Bin Lu

10%+ owner

Sale92,071$13.53$1.2M
2026-01-02

Nathan Richardson

Director

Sale1,500$13.66$20.5K
2025-12-29

James Fu Bin Lu

10%+ owner

Sale3,628$13.50$49.0K
2025-12-26

James Fu Bin Lu

10%+ owner

Sale43,994$13.51$594.4K
2025-12-23

James Fu Bin Lu

10%+ owner

Sale100,000$13.80$1.4M
2025-12-05

George Raymond Zage III

Director

Purchase50,000$13.51$675.5K
2025-12-04

George Raymond Zage III

Director

Purchase80,000$13.50$1.1M
2025-12-03

George Raymond Zage III

Director

Purchase75,000$13.48$1.0M
2025-12-03

George Raymond Zage III

Director

Purchase100,000$13.56$1.4M
2025-12-02

George Raymond Zage III

Director

Purchase100,000$12.95$1.3M

Source: SEC Form 4 filings. Officers, directors, and 10%+ owners must disclose share transactions within two business days. RSU grants and tax-withholding rows are excluded by default — compensation activity is not a trading signal.

Who owns GRND

Institutional value

$196.7M

Total shares held

16.3M

Distinct holders

87

-78 vs prior

As of

2026-03-31

Prior: 2025-12-31

Filers with $100M+ AUM disclose holdings 45 days after quarter end.

Top institutional holders

#ManagerSharesValueQoQ changeAction
1BlackRock, Inc.3.7M$45.1M-513.1K (-12.1%)Trimmed
2BWCP, LP1.6M$18.9M+499.3K (+46.8%)Added
3VANGUARD CAPITAL MANAGEMENT LLC1.4M$17.0MNew
4DIMENSIONAL FUND ADVISORS LP1.4M$16.9M+610.1K (+77.6%)Added
5Blacksheep Fund Management Ltd1.2M$15.0M+0 (+0.0%)No change
6JANE STREET GROUP, LLC767.8K$9.3MNew
7Nuveen, LLC749.0K$9.1M-193.9K (-20.6%)Trimmed
8MIRABELLA FINANCIAL SERVICES LLP667.2K$8.1MNew
9Alberta Investment Management Corp550.0K$6.6M-250.0K (-31.3%)Trimmed
10JPMORGAN CHASE & CO466.0K$5.7M+244.0K (+109.9%)Added
11BNP PARIBAS FINANCIAL MARKETS474.3K$5.7M+406.2K (+597.2%)Added
12SPX Gestao de Recursos Ltda455.8K$5.5M+54.0K (+13.4%)Added
13BIT Capital GmbH417.8K$5.1M-888.6K (-68.0%)Trimmed
14UBS Group AG391.8K$4.7M-44.4K (-10.2%)Trimmed
15VANGUARD PORTFOLIO MANAGEMENT LLC326.1K$3.9MNew
16HC Advisors, LLC315.3K$3.8M+39.8K (+14.5%)Added
17VANGUARD FIDUCIARY TRUST CO286.2K$3.5MNew
18Bank of New York Mellon Corp113.4K$1.4M+5.4K (+5.0%)Added
19Hudson Bay Capital Management LP103.5K$1.3M-184.3K (-64.0%)Trimmed
20UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC78.4K$948.1K-519 (-0.7%)Trimmed

Source: SEC Form 13F-HR. Positions aggregated across sub-managers within each firm. Options (puts/calls) excluded — common stock only.

Top questions investors are asking

Coming once GRND's latest filing finishes processing.