Grindr reports $130 million in Q1 revenue and lifts 2026 guidance to at least $535 million following strong app and ad growth.
Grindr posted a 38% year-over-year increase in first-quarter revenue to $130 million, driven by higher app-based and advertising sales. Adjusted EBITDA rose 44% to $58 million, with margins expanding to 45%.
The company raised its full-year revenue guidance to at least $535 million and adjusted EBITDA to $227 million, citing improved pricing strategies and user retention. App revenue climbed 33%, while advertising revenue surged 68%.
Management highlighted EDGE, an AI-focused premium tier, as a potential major growth driver starting in late 2026 or early 2027. Executives expect the product to command a significant premium and boost monetization in 2027.