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CONSOLIDATED STATEMENT OF OPERATIONS (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Revenue $ 914,275 $ 895,484 $ 2,609,191 $ 2,619,197
Operating costs and expenses:        
Cost of revenue (exclusive of depreciation shown separately below) 247,043 253,129 725,889 754,859
Selling and marketing expense 169,142 156,656 474,492 476,585
General and administrative expense 148,021 103,923 396,096 324,468
Product development expense 104,969 103,724 340,334 333,037
Depreciation 14,845 25,302 54,635 66,915
Impairments and amortization of intangibles 8,921 42,090 29,897 63,409
Total operating costs and expenses 692,941 684,824 2,021,343 2,019,273
Operating income 221,334 210,660 587,848 599,924
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
Income tax provision (32,882) (41,159) (87,491) (113,477)
Net income 160,756 136,481 403,805 393,035
Net income attributable to noncontrolling interests (7) (13) (8) (55)
Net income attributable to Match Group, Inc. shareholders $ 160,749 $ 136,468 $ 403,797 $ 392,980
Net earnings per share attributable to Match Group, Inc. shareholders:        
Basic (USD per share) $ 0.67 $ 0.53 $ 1.65 $ 1.49
Diluted (USD per share) $ 0.62 $ 0.51 $ 1.55 $ 1.43
Stock-based compensation expense by function:        
Total stock-based compensation expense $ 56,306 $ 64,488 $ 194,167 $ 198,175
Cost of revenue        
Stock-based compensation expense by function:        
Total stock-based compensation expense 1,498 1,747 5,048 5,267
Selling and marketing expense        
Stock-based compensation expense by function:        
Total stock-based compensation expense 3,042 3,259 8,908 9,395
General and administrative expense        
Stock-based compensation expense by function:        
Total stock-based compensation expense 15,996 26,639 68,738 75,868
Product development expense        
Stock-based compensation expense by function:        
Total stock-based compensation expense $ 35,770 $ 32,843 $ 111,473 $ 107,645