Match Group Inc

Latest Results (16.11.2025):

Match Group Inc reported its financial results for Q4 2024 and the full year 2024, showing modest revenue growth alongside some margin and operating income pressures. The company delivered a 3% Y/Y increase in full-year revenue to $3.5 billion (6% FX neutral) while facing a decline in operating income and reduced capital from certain segments. The report also detailed strong free cash flow performance, active share repurchase programs, and key performance highlights across its business units such as Tinder, Hinge, and Evergreen & Emerging, all while advancing its Investor Day plan and innovation initiatives, including AI enhancements.

Overall Financial Performance

For the full year 2024, Match Group Inc achieved revenue of $3.5 billion, up 3% Y/Y (6% on a FX neutral basis), with operating income at $823 million (a 10% decline, representing a 24% margin) and adjusted operating income flat at $1.3 billion (36% margin). In Q4 2024, revenue was $860 million (a 1% decline Y/Y but up 1% FX neutral) with operating income dropping 14% Y/Y to $223 million.

Cash Flow and Capital Return

The company generated operating cash flow of $933 million and free cash flow of $882 million during full-year 2024, deploying 85% of free cash flow toward share repurchases. It repurchased $753 million of stock over the full year and an additional $117 million in Q4, with $1.75 billion remaining available under current repurchase programs.

Business Unit Highlights

Among the business units, Tinder reported full-year direct revenue of $1.9 billion with modest growth and a slight Q4 decline in revenue. Hinge demonstrated robust performance with full-year revenue of $550 million (up 39% Y/Y) and significant improvements in both operating income and margins. The Evergreen & Emerging segment, meanwhile, experienced revenue and margin declines, reflecting the challenges in that area of the business.

Outlook and Strategic Focus

Match Group Inc’s 2025 outlook remains unchanged on an FX neutral basis, despite pressures from a strengthening U.S. dollar. The company is focused on executing its Investor Day plan, leveraging AI and product innovations to enhance user engagement, drive growth, and maintain strong free cash flow generation while continuing to return capital to shareholders.