Stock Track | Grindr Soars 5.59% Intraday on Strong Q4 Results, New AI Subscription Tier and Share Buyback Expansion

Stock Track

02/27

Grindr Inc.'s stock soared 5.59% during intraday trading on Thursday, driven by the company's positive fourth-quarter earnings and strategic announcements.

The dating app company reported Q4 revenue of $126 million, beating the Ibes estimate of $122 million, and adjusted EBITDA of $55 million. Additionally, Grindr launched "Edge," a new premium AI-powered subscription tier, and announced a 3-year $400 million expansion of its share repurchase authorization.

The company also provided an optimistic outlook for FY26, with adjusted EBITDA guidance exceeding $217 million, though revenue guidance of greater than $528 million came in slightly below the $529 million estimate.

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