Grindr stock falls 3.26 percent as Q2 growth reaches 33%
Published on 09/24/2026 at 03:46 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Grindr stock fell 3.26 percent to USD 15.44 on the NYSE on September 23, 2026, placing the shares 16.54 percent below the 52-week high of USD 18.50. The decline came against a latest quarterly picture in which revenue rose 33 percent to USD 138.138 million.
Revenue growth stays double digit
According to CEO.ca, Grindr generated USD 138.138 million in the second quarter of 2026, compared with USD 104.220 million in the second quarter of 2025. That USD 33.918 million increase produced the reported 33 percent year-over-year growth and gives the stock a clear operating benchmark beyond its daily price move.
The company also reported USD 268.079 million in revenue for the first six months of 2026, versus USD 198.158 million in the comparable period of 2025. The USD 69.921 million increase shows that growth was not limited to a single quarter, although the share price still sits below its yearly peak.
Profitability remains substantial
Adjusted EBITDA reached USD 57.640 million in Q2 2026, up from USD 45.207 million a year earlier, according to CEO.ca. The resulting adjusted EBITDA margin was 41.7 percent, compared with 43.4 percent in Q2 2025, so revenue growth came with a 1.7 percentage point margin decline.
Net income totaled USD 17.743 million in Q2 2026, compared with USD 16.638 million in Q2 2025. The increase of USD 1.105 million was smaller than the revenue gain, highlighting the importance of operating costs and investment levels for the next valuation step.
Stock remains below yearly high
Grindr stock stood at USD 15.44 on the NYSE on September 23, 2026, with a market capitalization of USD 2,744,089,440. The 52-week range was USD 9.73 to USD 18.50, leaving the latest quote USD 5.71 above the low and USD 3.06 below the high.
Grindr stock facts
- Company: Grindr Inc.
- Ticker: GRND
- Trading venue: NYSE
- Price as of September 23, 2026, 4:00 p.m. ET: USD 15.44
- Market capitalization: USD 2,744,089,440 as of September 23, 2026
- 52-week range: USD 9.73-18.50 as of September 23, 2026
- Sector / Industry: Technology / Software - Application
