Business
Bumble Inc. Announces First Quarter 2025 Results
Total Revenue Decreased 8% to $247 Million Bumble App Revenue Decreased 6% to $202 Million Bumble App Paying Users Decreased 1% to 2.7 Million; Declined
About this update from Bumble Inc.
[{"type":"text","content":"\nTotal Revenue Decreased 8% to $247 Million\n\nBumble App Revenue Decreased 6% to $202 Million\n\nBumble App Paying Users Decreased 1% to 2.7 Million; Declined 104,000 Quarter Over Quarter\n\n AUSTIN, Texas--(BUSINESS WIRE)--\nBumble Inc. (NASDAQ: BMBL) today reported financial results for the first quarter ended March 31, 2025.\n\n“Since I returned in mid-March, we have set an accelerated path to return to sustainable, long-term growth,” said Whitney Wolfe Herd, Founder & CEO of Bumble Inc. “We are strengthening our member base and delivering a more intentional experience with more quality and relevant matches, enhanced by technology and product innovation. We’ve also strengthened our team and are working to drive greater productivity and efficiency across the organization. Our path forward is clear and we are focused on maximizing long-term value for both our members and shareholders.”\n\nFirst Quarter 2025 Financial and Operational Highlights:\n\n(All comparisons relative to the First Quarter 2024)\n\n\nTotal Revenue decreased 7.7% to $247.1 million, compared to $267.8 million. This includes an unfavorable impact of $5.9 million from foreign currency movements year over year.\n\n\nBumble App Revenue decreased 6.5% to $201.8 million, compared to $215.8 million. This includes an unfavorable impact of $4.2 million from foreign currency movements year over year.\n\n\nBadoo App and Other Revenue decreased 13.0% to $45.3 million, compared to $52.0 million. This includes an unfavorable impact of $1.7 million from foreign currency movements year over year.\n\n\n\n\nTotal Paying Users remained relatively flat at approximately 4.0 million.\n\n\nTotal Average Revenue per Paying User (\"ARPPU\") decreased to $20.24, compared to $21.84.\n\n\nNet earnings were $19.8 million, or 8.0% of revenue, compared to net earnings of $33.9 million, or 12.6% of revenue.\n\n\nAdjusted EBITDA was $64.4 million, or 26.1% of revenue, compared to $74.0 million, or 27.6% of revenue.\n\n\nInformation about Bumble's use of non-GAAP financial measures is provided below under “Non-GAAP Financial Measures.”\n\n“The Bumble team executed with discipline in the first quarter and reached the high end of our financial outlook,” said Ron Fior, Interim CFO of Bumble Inc. “We believe Bumble is a strong business with solid cash flow and a healthy balance sheet. We will c...