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SEGMENT INFORMATION
 9 Months Ended
Sep. 30, 2024
Segment Reporting [Abstract]  
SEGMENT INFORMATION
NOTE 7—SEGMENT INFORMATION
Due to recent business developments and continual assessment of the requirements under ASC 280, Segment Reporting, the Company has reassessed its segment conclusions and determined that effective with this Quarterly Report on Form 10-Q, we are presenting four operating and reportable segments. The four operating and reportable segments consist of brands or group of brands within our portfolio: Tinder, Hinge, Match Group Asia (“MG Asia”), and Evergreen & Emerging. We believe that providing additional information about these segments will provide investors more insight into how we manage our portfolio of brands to drive value at the Match Group level.
Corporate and unallocated costs includes 1) corporate expenses (such as executive management, investor relations, corporate development, and board of director and public company listing fees), 2) portions of corporate services (such as legal, human resources, accounting, and tax), and 3) certain centrally managed services and technology that have not been allocated to the individual business segments (such as central trust and safety operations and certain shared software).
Three Months Ended September 30,Nine Months Ended September 30,
2024202320242023
(In thousands)
Revenue:
Tinder$516,778 $520,688 $1,502,796 $1,457,889 
Hinge145,425 107,265 402,747 280,349 
MG Asia72,282 76,972 217,768 229,680 
Evergreen & Emerging161,181 176,675 496,074 530,358 
Eliminations(182)— (188)— 
Total$895,484 $881,600 $2,619,197 $2,498,276 
The following table presents the segment profitability measure and a reconciliation of total segment operating income to earnings before income taxes:
Three Months Ended September 30,Nine Months Ended September 30,
2024202320242023
(In thousands)
Operating income (loss):
Tinder$234,812 $256,513 $664,396 $718,521 
Hinge42,241 23,190 90,978 47,395 
MG Asia(18,956)(2,324)(31,789)(1,784)
Evergreen & Emerging2,965 25,778 39,566 69,127 
Total segment operating income261,062 303,157 763,151 833,259 
Corporate and unallocated costs(50,402)(59,598)(163,227)(176,615)
Interest expense(40,120)(40,380)(120,511)(119,473)
Other income, net7,100 7,905 27,099 14,729 
Earnings before income taxes$177,640 $211,084 $506,512 $551,900 
The Chief Operating Decision Maker does not review disaggregated assets on a segment basis; therefore, such information is not presented. Interest income and other income, net are not allocated to individual segments as these are managed on a consolidated basis. The accounting policies for segment reporting are the same as for our consolidated financial statements.
As a result of the change to our operating segments, we reassessed our reporting units and determined that the four operating segments are also our reporting units for the purpose of evaluating goodwill for impairment. The Company has re-allocated goodwill to each of the four reporting units based on their relative fair values as of September 30, 2024. This change in reporting units is considered a triggering event that requires a goodwill impairment assessment to be performed immediately before and after the change. These goodwill impairment tests were performed by comparing the estimated fair value of each reporting unit to its carrying value and no impairments were identified. Goodwill was allocated to each of the four reporting units as follows: Tinder $1.5 billion; Hinge $0.5 billion; MG Asia $0.1 billion; and Evergreen & Emerging $0.2 billion.