Grindr Inc. announced its financial results for the second quarter ended June 30, 2025, reporting a total revenue increase of 26.6% year-over-year to $104.2 million. The company also achieved an Adjusted EBITDA of $45.2 million, representing a 43.4% margin.
The company reaffirmed its full-year guidance, expecting 26% or greater revenue growth and at least a 43% Adjusted EBITDA margin. Average Paying Users (APU) grew by 16.0% year-over-year to 1.225 million, while Average Direct Revenue per Paying User (ARPPU) increased by 7.1% to $23.65.
Indirect revenue, primarily from advertising, showed impressive growth of 39.0% year-over-year, reaching $17.3 million. Grindr ended the quarter with $120.8 million in cash and cash equivalents, with approximately $174.7 million remaining available under its $500 million share repurchase program.
These results demonstrate robust financial performance driven by effective paywall optimizations, new subscription tiers, and a revitalized advertising business. The company's strong cash generation and ongoing share repurchase program highlight its commitment to shareholder returns.
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