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SEGMENT INFORMATION (Tables)

9 Months Ended

Sep. 30, 2025

Segment Reporting [Abstract]

Schedule of Segment Reporting Information

The following table presents revenue by segment, which includes revenue from customers in the form of direct revenue, indirect revenue, which is primarily advertising revenue, and intersegment revenue, which is eliminated in consolidated results:

			Three Months Ended September 30,												Nine Months Ended September 30,
			2025						2024						2025						2024
			(In thousands)
Revenue:
Tinder			$	505,344					$	516,778					$	1,445,461					$	1,502,796
Hinge			184,671						145,425						504,419						402,747
Evergreen & Emerging			156,252						161,181						460,030						496,074
MG Asia			69,364						72,282						202,342						217,768
Eliminations			(1,356)						(182)						(3,061)						(188)
Total			$	914,275					$	895,484					$	2,609,191					$	2,619,197

The following tables present the significant segment expenses regularly reviewed by our CODM:

			Three Months Ended September 30, 2025
			Tinder						Hinge						Evergreen & Emerging						MG Asia
			(In thousands)
In-app purchase fees			$	102,978					$	49,703					$	15,462					$	15,993
Cost of acquisition			55,977						32,729						47,094						21,280
Variable expense			27,081						6,499						7,123						4,752
Employee compensation expense, excluding stock-based compensation expense			43,067						26,238						27,314						7,971
Other operating expenses(a)			72,423						6,879						11,886						4,078
Stock-based compensation(b)			17,624						15,238						5,956						5,332
Depreciation(b)			2,451						1,071						6,268						3,938
Amortization of intangible assets(b)			—						—						3,702						5,219

			Three Months Ended September 30, 2024
			Tinder						Hinge						Evergreen & Emerging						MG Asia
			(In thousands)
In-app purchase fees			$	105,990					$	39,869					$	17,694					$	16,021
Cost of acquisition			49,767						23,993						50,838						17,977
Variable expense			33,191						3,631						8,519						5,670
Employee compensation expense, excluding stock-based compensation expense			48,601						21,394						32,125						10,547
Other operating expenses(a)			12,904						5,112						10,437						4,227
Stock-based compensation(b)			22,601						8,599						13,310						5,844
Depreciation(b)			9,420						620						5,918						8,031
Impairments and amortization of intangible assets(b)			—						—						19,230						22,860

			Nine Months Ended September 30, 2025
			Tinder						Hinge						Evergreen & Emerging						MG Asia
			(In thousands)
In-app purchase fees			$	296,506					$	137,015					$	50,199					$	46,518
Cost of acquisition			140,878						87,128						146,634						54,752
Variable expense			85,322						16,930						20,777						14,345
Employee compensation expense, excluding stock-based compensation expense			146,582						84,699						98,460						27,251
Other operating expenses(a)			97,673						19,614						51,841						9,254
Stock-based compensation(b)			66,661						42,514						28,592						15,818
Depreciation(b)			17,780						2,654						19,085						11,235
Amortization of intangible assets(b)			—						—						10,714						19,183

			Nine Months Ended September 30, 2024
			Tinder						Hinge						Evergreen & Emerging						MG Asia
			(In thousands)
In-app purchase fees			$	314,547					$	110,961					$	53,323					$	48,051
Cost of acquisition			144,354						72,600						151,175						54,714
Variable expense			93,928						12,410						34,815						23,787
Employee compensation expense, excluding stock-based compensation expense			153,265						69,912						100,885						32,427
Other operating expenses(a)			38,844						14,258						33,716						13,872
Stock-based compensation(b)			66,557						29,978						41,978						20,683
Depreciation(b)			28,425						1,702						15,910						16,957
Impairments and amortization of intangible assets(b)			—						—						24,205						39,204

______________________

(a)Other operating expenses primarily consists of office rent, business software, travel, indirect taxes, and professional fees.

(b)Expense is a non-cash item and excluded from the profitability measure of Adjusted EBITDA.

Schedule of Reconciliation of Operating Income (Loss)

The following tables present the segment profitability measures, operating income (loss) and Adjusted EBITDA, and a reconciliation of the total segment profitability measures to income before income taxes:

			Three Months Ended September 30,												Nine Months Ended September 30,
			2025						2024						2025						2024
			(In thousands)
Operating income (loss):
Tinder			$	183,743					$	234,304					$	594,059					$	662,876
Hinge			46,314						42,207						113,865						90,926
Evergreen & Emerging			31,447						3,110						33,728						40,067
MG Asia			801						(18,895)						3,986						(31,927)
Total segment operating income			262,305						260,726						745,638						761,942
Corporate and unallocated costs(a)			(40,971)						(50,066)						(157,790)						(162,018)
Interest expense			(37,024)						(40,120)						(104,440)						(120,511)
Other income, net			9,328						7,100						7,888						27,099
Income before income taxes			$	193,638					$	177,640					$	491,296					$	506,512

______________________

(a)Includes stock-based compensation and depreciation

			Three Months Ended September 30,												Nine Months Ended September 30,
			2025						2024						2025						2024
			(In thousands)
Adjusted EBITDA:
Tinder			$	203,818					$	266,325					$	678,500					$	757,858
Hinge			62,623						51,426						159,033						122,606
Evergreen & Emerging			47,373						41,568						92,119						122,160
MG Asia			15,290						17,840						50,222						44,917
Total segment Adjusted EBITDA			329,104						377,159						979,874						1,047,541
Corporate and unallocated costs			(27,698)						(34,619)						(113,327)						(119,118)
Stock-based compensation			(56,306)						(64,488)						(194,167)						(198,175)
Depreciation			(14,845)						(25,302)						(54,635)						(66,915)
Impairments and amortization of intangibles			(8,921)						(42,090)						(29,897)						(63,409)
Interest expense			(37,024)						(40,120)						(104,440)						(120,511)
Other income, net			9,328						7,100						7,888						27,099
Income before income taxes			$	193,638					$	177,640					$	491,296					$	506,512

X

- Definition

Tabular disclosure of the reconciliation of profit (loss) from reportable segments to the consolidated income (loss) before income tax expense (benefit) and discontinued operations. Includes, but is not limited to, reconciliation after income tax if income tax is allocated to the reportable segment.

+ References

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-Name Accounting Standards Codification
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Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

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