MTCH on Nasdaq

Match Group

Logo: the match group, CC BY-SA 4.0, via Wikimedia Commons4

American internet dating company

Match Group, Inc. is an American internet and technology company headquartered in Dallas, Texas.3 From Wikipedia, CC BY-SA 4.0

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Last updated Oct 16, 2026.

Overview

2009Founded1

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  • TickerMTCH on Nasdaq1
  • Industryonline dating service1
  • HeadquartersKerrville1
  • Websitemtch.com
  • Legal formDelaware corporation1
  • Incorporated inDE5
  • Business address8750 North Central Expressway, Suite 1400, Dallas, Tx 752315
  • Filer categoryLarge accelerated filer5

Match Group, Inc. is an American internet and technology company headquartered in Dallas, Texas. It owns and operates the largest global portfolio of popular online dating services including Tinder, Match.com, Meetic, OkCupid, Hinge, Plenty of Fish, Azar, and other dating global brands. The company was owned by IAC until July 2020 when Match Group was spun off as a separate, public company. As of 2019, the company had 9.3 million subscribers, of which 4.6 million were in North America. Japan is the company's second largest market, after the United States.3

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

25.0%Operating margin7
17.6%Net margin7
0.2%Revenue growth, 20257
$1.0BFree cash flow7

What sells

Revenue by product, business segment and region, as the company reports it to the SEC.

Business segments

Tinder brought in 55% of the revenue Match Group broke down this way in fiscal 2025.

  1. Tinder$1.9B755%down 3% from 2024
  2. Hinge$690.9M720%up 26% from 2024
  3. Evergreen And Emerging$608.1M717%down 7% from 2024
  4. MG Asia$268.2M78%down 6% from 2024
Business segments by year
Business segments202320242025
Tinder$2.0B$2.0B$1.9B
Hinge$396.5M$550.4M$690.9M
Evergreen And Emerging$700.9M$654.2M$608.1M
MG Asia$303.5M$284.5M$268.2M

Regions

Outside the United States brought in 56% of the revenue Match Group broke down this way in fiscal 2025.

  1. Outside the United States$2.0B756%up 4% from 2024
  2. United States$1.5B744%down 4% from 2024
Regions by year
Regions202320242025
Outside the United States$1.8B$1.9B$2.0B
United States$1.5B$1.6B$1.5B

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Cost of revenue27¢$948.4M
  • Research and development13¢$449.5M
  • Other costs39¢$1.3B
  • Income tax4¢$132.5M
  • Profit18¢$613.5M

Out of $3.5B in revenue.7

Where each dollar of operating cash went, fiscal 2025

  • Capital spending5¢$56.8M
  • Dividends paid17¢$186.3M
  • Share buybacks73¢$788.8M
  • Kept or used elsewhere4¢$48.5M

Out of $1.1B of cash from operations.7

Financial statements

Revenue8910117$3.5B in 2025+70% since 2019
0$1.0B$2.0B$3.0B$4.0B2019: $2.1B$2.1B20192020: $2.4B$2.4B2020+17%2021: $3.0B$3.0B2021+25%2022: $3.2B$3.2B2022+7%2023: $3.4B$3.4B2023+6%2024: $3.5B$3.5B2024+3%2025: $3.5B$3.5B2025+0%
Operating income8910117$872.5M in 2025+35% since 2019
0$250.0M$500.0M$750.0M$1.0B2019: $645.5M$645.5M20192020: $745.7M$745.7M2020+16%2021: $851.7M$851.7M2021+14%2022: $515.0M$515.0M2022−40%2023: $916.9M$916.9M2023+78%2024: $823.3M$823.3M2024−10%2025: $872.5M$872.5M2025+6%
Net income8910117$613.5M in 2025+8% since 2019
0$200.0M$400.0M$600.0M$800.0M2019: $566.5M$566.5M20192020: $221.6M$221.6M2020−61%2021: $276.6M$276.6M2021+25%2022: $359.9M$359.9M2022+30%2023: $651.5M$651.5M2023+81%2024: $551.3M$551.3M2024−15%2025: $613.5M$613.5M2025+11%

Every line of the income statement in the latest annual report, as filed.7

Period ending2025-12-312024-12-312023-12-31
Revenue$3.5B$3.5B$3.4B
Cost of revenue (exclusive of depreciation shown separately below)$948.4M$991.3M$954.0M
Selling and marketing expense$625.5M$622.1M$586.3M
General and administrative expense$485.6M$438.8M$413.6M
Product development expense$449.5M$442.2M$384.2M
Depreciation$67.1M$87.5M$61.8M
Impairments and amortization of intangibles$38.5M$74.2M$47.7M
Total operating costs and expenses$2.6B$2.7B$2.4B
Operating income$872.5M$823.3M$916.9M
Interest expense-$147.6M-$160.1M-$159.9M
Other income, net$21.0M$40.8M$19.8M
Income before income taxes$746.0M$704.1M$776.8M
Income tax provision-$132.5M-$152.7M-$125.3M
Net income$613.5M$551.3M$651.5M
Net (income) loss attributable to noncontrolling interests-$15.0K-$37.0K$67.0K
Net income attributable to Match Group, Inc. shareholders$613.4M$551.3M$651.5M
Basic (USD per share)$2.53$2.12$2.36
Diluted (USD per share)$2.38$2.02$2.26
Total stock-based compensation expense$258.2M$267.4M$232.1M

Compare Match Group with another company

The story

Incorporation (2009–2020)

In February 2009, IAC incorporated Match Group as a conglomerate of Match.com and other dating sites it owned. In July 2009, Match Group's Match.com acquired People Media from American Capital for $80 million in cash. People Media operated dating sites BlackPeopleMeet.com and OurTime, which became part of Match Group's portfolio, and powered AOL Personals.

In February 2010, Match.com acquired dating site Singlesnet. In February 2011, Match Group acquired OkCupid for $50 million. OkCupid was the first free, advertising-based product added to the Match Group portfolio.

In 2012, online dating application Tinder was founded within Hatch Labs, a startup incubator run by parent company IAC. The application allowed users to anonymously swipe to like or dislike other profiles based on their photos, common interests and a small bio. In July 2015, Match Group acquired the dating site Plenty of Fish in an all-cash transaction worth $575 million. On November 19, 2015, the company became a public company via an initial public offering, with shares trading on Nasdaq under the symbol MTCH.

In 2017, Match Group launched Tinder Gold, which established Tinder as the highest grossing non-gaming app globally. In the summer of 2017, the company offered to acquire Bumble for $450 million.

In January 2018, Mandy Ginsberg, formerly the CEO of Match's North American division, replaced Greg Blatt as the global CEO.

In June 2018, Match Group acquired 51% ownership in dating app Hinge, in a move intended to diversify Match's portfolio and appeal to a wider array of singles. In February 2019, Match Group fully bought out the company.

In July 2018, Match Group launched a Safety Advisory Council comprising a group of experts focused on preventing sexual assault across its portfolio of products. The council included #MeToo movement founder Tarana Burke and worked with organizations like the Rape, Abuse & Incest National Network (RAINN) and the National Sexual Violence Resource Center.

In August 2018, Tinder co-founder Sean Rad filed a $2 billion lawsuit against Match Group, claiming that Match Group and its parent company IAC purposely undervalued Tinder to avoid paying out stock options to the company's original team. Rad and his co-plaintiffs also accused the former Tinder CEO, Greg Blatt, of sexual harassment. The company stated that the allegations were "meritless." In October 2019, Blatt filed a defamation lawsuit against Rad and Tinder founding member Rosette Pambakian seeking at least $50 million in damages.

Read the full text

In January 2019, Match Group partnered with media brand Betches to launch a dating app, called Ship, which allowed users to help their friends pick out potential dates.

In August 2019, the company acquired Harmonica, an Egyptian online dating service.

In 2019, the U.S. Federal Trade Commission (FTC) sued Match, alleging that Match had engaged in unfair and deceptive trade practices by allowing potentially fraudulent accounts to express interest in non-subscribers, who were enticed to subscribe. The FTC further alleged that Match offered false promises of guarantees, failed to provide support to customers who unsuccessfully disputed charges, and made it overly difficult for users to cancel their subscriptions. Match Group disputed these claims, alleging that they were based upon cherry-picked evidence and that the FTC had misrepresented internal emails. In September 2020, Reuters reported that the Department of Justice had closed their probe into the complaint, and the matter was settled out of court in 2025.

In January 2020, Match Group announced an investment and partnership with safety platform Noonlight. The partnership incorporated new safety tools in Match Group's products, including emergency assistance, location tracking and photo verification. In that same month, Mandy Ginsberg stepped down as chief executive officer for personal reasons. Shar Dubey, then President of Match Group, became the CEO of the company effective March 1, 2020.

In March 2020, Match Group became the first tech company to support Earn It Act of 2020, a bipartisan bill with the support of President Trump to combat online child sexual exploitation but widely criticized for its predicted negative impact on privacy and computer security.

Independence (2020–present)

In July 2020, the company completed the separation from IAC. The separation was the largest ever for IAC, as Match Group then had a market capitalization of $30 billion. After the separation, four new members joined Match Group's board of directors: Stephen Baily, Melissa Brenner, Ryan Reynolds and Wendi Murdoch.

In August 2020, amidst the COVID-19 pandemic, Match Group reported growing profit and revenue and surpassed 10 million subscribers across its portfolio.

In September 2020, Match Group, Spotify, and Epic Games co-founded the Coalition for App Fairness, contesting Apple's App Store and Google's Play store policies. Chiefly, they contested what they characterized as anticompetitive policies, as well as high "app taxes" on sales of developers' apps.

In February 2021, Match Group announced that it would be acquiring Korea-based social network company Hyperconnect for $1.73 billion in both cash and stock. This deal is reportedly Match Group's largest acquisition to date.

Also in February 2021, Match Group took legal action against dating app Muzmatch, the online Muslim dating app, calling the app a "Tinder Clone". The Match Group won the legal battle in London courts in April 2022.

In April 2022, Shar Dubey stepped down from her position as CEO while remaining on the board of directors. Bernard Kim, the former president of Zynga, became CEO effective from May 31, 2022.

In July 2022, Match Group acquired The League, a members-only dating app, for an undisclosed sum.

In June 2023, Match Group launched Archer, a dating app for gay, bisexual, and queer men. The app focuses on a grid-style layout to display multiple users. It uses AI and human moderation to verify profiles.. In June 2026, less than three years after Archer's launch, Le Group Match decided to shut down the platform.

In response to the 2022 Russian invasion of Ukraine, in its 2023 yearly report, Match Group announced that it would fully exit the Russian market by June 30. As of early May 2023, it was implementing measures to limit access to its services. The company said that such moves are part of its commitment to human rights protection.

On February 4, 2025, the Match Group Board of Directors announced that Spencer Rascoff had been named CEO, effective immediately, with Bernard Kim stepping down as CEO and as a member of the Board. Rascoff quickly cut Match's workforce by 13%.

In May 2025, Match Group partnered with World, a company backed by Sam Altman that scans a user's biometric features to identify them. The partnership is beginning with a pilot program in Japan. In the same month, Match Group acquired HER, which was described as "a dating app for queer women."

On January 28, 2026, Match was hit by cyberattacks but confirmed that it affected a limited amount of user data.

In April 2026, Match Group announced a $100 million minority investment in the gay dating app Sniffies. The agreement included an option for Match Group to acquire the remaining equity at a later date, while Sniffies would continue to be founder-led and operate independently.

Rape survivors lawsuit

In December 2025, six women who were drugged and sexually assaulted by Denver cardiologist Stephen Matthews, whom they met through dating apps operated by Match Group, filed a lawsuit against Match Group, accusing the company of "accommodating rapists across its products" and of "negligence" in removing known sexual abusers from its platforms and in warning users about them.

From Wikipedia’s article on Match Group, shared under CC BY-SA 4.0.6

Products and brands

As of February 2026, Match Group owns the following dating services:

Archer

Asian People Meet

Babyboomer People Meet

Read the full text

BB People Meet

Black Christian People Meet

Black People Meet

Black Professional People Meet

BLK

Catholic People Meet

Chinese People Meet

Chispa

Delightful

Democratic People Meet

Divorced People Meet

Genxpeoplemeet

Her

Hinge

Indiamatch

Interracial People Meet

Italian People Meet

J People Meet

Latino People Meet

Ldsplanet

Little People Meet

Loveandseek

Marriage Minded People Meet

Match.com

Match Japan

OkCupid

Ourtime

Pairs

People Meet

Pet People Meet

Plenty of Fish

Republican People Meet

Salams

Seniorblack People Meet

Single People Meet

Sniffies (minority stake)

Stir

The League

Tinder

Upward

Yuzu

From Wikipedia’s article on Match Group, shared under CC BY-SA 4.0.6

Subsidiaries and ownership

Owners

  • BlackRock 12.2%
  • The Vanguard Group 11.1%
  • Edgewood Management 5.7%

Subsidiaries

  • Match Group

From Wikidata.1

Former names

  • IAC/INTERACTIVECORPJul 14, 2004 to Jul 1, 20205
  • INTERACTIVECORPMay 9, 2003 to Jul 12, 20045
  • USA INTERACTIVEMay 10, 2002 to Jun 20, 20035
  • USA NETWORKS INCSep 25, 1998 to May 6, 20025
  • HSN INCJul 28, 1997 to Feb 4, 19985
  • SILVER KING COMMUNICATIONS INCDec 8, 1995 to Dec 24, 19965

Timeline

  1. 2009Founded Founded1

Recent filings

  1. Oct 2, 20264
  2. Oct 2, 20264
  3. Oct 2, 20264
  4. Oct 2, 20264
  5. Sep 3, 20264
  6. Sep 3, 20264
  7. Sep 3, 20264
  8. Sep 3, 20264
  9. Sep 3, 20264
  10. Sep 2, 2026144
  11. Aug 28, 2026144
  12. Aug 28, 20264
  13. Aug 28, 20264
  14. Aug 26, 2026144
  15. Aug 18, 2026144

Every filing from the last three years, summarized. The full record is on SEC EDGAR.2