Match Group, Inc. · NASDAQ:MTCH

Match — Q2 2026 Earnings Presentation

35 slides from Match's earnings presentation, Aug 4, 2026

1. Slide 1: Q2 2026 Supplemental Materials

   Q2 2026 Supplemental Materials AUGUST 4, 2026

2. Slide 2: Disclosures and Definitions

   Q2 2026 | SUPPLEMENTAL MATERIALS Disclosures and Definitions Non-GAAP Financial Measures This presentation includes certain non-GAAP financial measures in addition to financial measures presented in accordance with U.S. GAAP. These non-GAAP financial measures are in addition to, and not a substitute

3. Slide 3: Business Performance Snapshot

   Q2 2026 Business Performance Snapshot

4. Slide 4: Q2 2026 Business Performance

   Q2 2026 | SUPPLEMENTAL MATERIALS Q2 2026 Business Performance TOTAL REVENUE DIRECT REVENUE PAYERS RPP Q2 2026 Q2 2026 Q2 2026 Q2 2026 $853M $840M 13.3M $21.13 (1)% vs. Q2 2025 (1)% vs. Q2 2025 (6)% vs. Q2 2025 +6% vs. Q2 2025 NET INCOME ADJUSTED EBITDA OPERATING CASH FLOW FREE CASH FLOW Q2 2026 Q2 2

5. Slide 5: Business Unit Performance

   Q2 2026 | SUPPLEMENTAL MATERIALS Q2 2026 Business Unit Performance 1 Direct $457.5 (1)% Y/Y $203.5 +22% Y/Y $178.9 (17)% Y/Y Revenue ($M) (2)% FXN +20% FXN (17)% FXN Payers (000s) 8,518 (5)% Y/Y 2,049 +17% Y/Y 2,683 (21)% Y/Y RPP $17.90 +4% Y/Y $33.11 +4% Y/Y $22.24 +4% Y/Y Operating $210.9 (3)% Y/Y

6. Slide 6: Trended Financial Highlights

   Q2 2026 Trended Financial Highlights

7. Slide 7: Consolidated Total Revenue

   Q2 2026 | SUPPLEMENTAL MATERIALS Consolidated Total Revenue In $ Millions $914 $878 $864 $864 $853 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 Y/Y Growth 0% 2% 2% 4% (1)% Y/Y FXN Growth (1)% 1% (0)% 0% (2)% 7

8. Slide 8: Consolidated Net Income & Adjusted EBITDA

   Q2 2026 | SUPPLEMENTAL MATERIALS Consolidated Net Income & Adjusted EBITDA Net Income ($M) and Margin1,2 Adjusted EBITDA ($M) and Margin1 $370 $210 $343 $331 $301 $290 $167 $171 $161 $125 24% 42% 40% 39% 19% 20% 34% 33% 18% 15% Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 Net Income N

9. Slide 9: Consolidated Payers & RPP

   Q2 2026 | SUPPLEMENTAL MATERIALS Consolidated Payers & RPP Payers (M) RPP 14.5 $21.13 $20.72 $20.90 14.1 $20.58 13.8 13.5 $20.00 13.3 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 Y/Y Growth (5)% (5)% (5)% (5)% (6)% 5% 7% 7% 10% 6% 9

10. Slide 10: Tinder Trended Performance

    Q2 2026 | SUPPLEMENTAL MATERIALS Tinder Trended Performance Direct Revenue ($M) Payers (M) & RPP $491 $17.66 $17.90 $464 $17.63 $461 $455 $457 $17.56 $17.14 9.3 9.0 8.8 8.6 8.5 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 Payers RPP Operating Income ($M) and Margin1 Adjusted EBITDA ($

11. Slide 11: Hinge Trended Performance

    Q2 2026 | SUPPLEMENTAL MATERIALS Hinge Trended Performance Direct Revenue ($M) Payers (M) & RPP $204 $31.96 $32.87 $32.96 $33.13 $33.11 $194 $185 $186 $168 2.0 1.9 1.9 2.0 1.7 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 Payers RPP Operating Income ($M) and Margin1 Adjusted EBITDA ($M

12. Slide 12: E&E Trended Performance

    Q2 2026 | SUPPLEMENTAL MATERIALS E&E Trended Performance1 Direct Revenue ($M) Payers (M) & RPP 3.4 3.4 $221 3.2 $217 $210 2.9 2.7 $199 $179 $21.40 $21.73 $21.99 $22.59 $22.24 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 Payers RPP Operating Income/(Loss) ($M) and Margin2,3 Adjusted EB

13. Slide 13: Free Cash Flow

    Q2 2026 | SUPPLEMENTAL MATERIALS Free Cash Flow Annual & LTM FCF ($M) Quarterly Free Cash Flow ($M) and FCF Conversion % $353M $1,141M $307M $308M $1,024M $882M $231M $174M Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 2024 2025 LTM Q2'26 FCF Conversion % 70% 83% 85% 13

14. Slide 14: Capital Returns

    Q2 2026 | SUPPLEMENTAL MATERIALS Capital Returns Quarterly Capital Return Annual & LTM Capital Return $284M $975M $272M $45M $47M $232M $186M $797M $753M $47M $182M $176M $46M $239M $104M $225M $789M $185M $615M $44M $130M $60M Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 2024 2025 LTM Q2'26 Share Repurchases 1 Di

15. Slide 15: Leverage Ratios and Debt Maturity Schedule

    Q2 2026 | SUPPLEMENTAL MATERIALS Leverage Ratios and Debt Maturity Schedule Gross and Net Leverage1 Debt Maturity Schedule ($M)2 3.2x 3.1x 2.7x 2.3x 2.4x 2.2x $575 $350 $700 $450 $500 $500 $500 $500 12/31/2024 12/31/2025 6/30/2026 12/31/2024 12/31/2025 6/30/2026 2027 2028 2029 2030 2031 2032 2033 Gr

16. Slide 16: Appendix

    AG MatchGroup Q2 2026 Appendix

17. Slide 17: Trended Revenue Metrics

    Q2 2026 | SUPPLEMENTAL MATERIALS Trended Revenue Metrics 2024 2025 2026 Year Ended December 31, YTD Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 2024 2025 2026 Revenue (in millions, rounding differences may occur) Direct Revenue: Tinder $ 481.5 $ 479.9 $ 503.2 $ 476.0 $ 447.4 $ 461.2 $ 490.6 $ 463.8 $ 454.7 $ 457.

18. Slide 18: Trended Profitability Metrics

    Q2 2026 | SUPPLEMENTAL MATERIALS Trended Profitability Metrics 2024 2025 2026 Year Ended December 31, YTD Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 2024 2025 2026 Net income attributable to Match Group, Inc. shareholders (in millions) Match Group $ 123.2 $ 133.3 $ 136.5 $ 158.3 $ 117.6 $ 125.5 $ 160.7 $ 209.7 $

19. Slide 19: GAAP to Non-GAAP Reconciliations

    Q2 2026 | SUPPLEMENTAL MATERIALS GAAP to Non-GAAP Reconciliations Reconciliation of Net Income to Adjusted EBITDA Three Months Ended March 31, 2024 Corporate & Everyone unallocated Total Match Tinder Hinge Everywhere costs Group (Dollars in thousands) Net income attributable to Match Group, Inc. sha

20. Slide 20: GAAP to Non-GAAP Reconciliations

    Q2 2026 | SUPPLEMENTAL MATERIALS GAAP to Non-GAAP Reconciliations Reconciliation of Net Income to Adjusted EBITDA Three Months Ended June 30, 2024 Corporate & Everyone unallocated Total Match Tinder Hinge Everywhere costs Eliminations Group (Dollars in thousands) Net income attributable to Match Gro

21. Slide 21: GAAP to Non-GAAP Reconciliations

    Q2 2026 | SUPPLEMENTAL MATERIALS GAAP to Non-GAAP Reconciliations Reconciliation of Net Income to Adjusted EBITDA Three Months Ended September 30, 2024 Corporate & Everyone unallocated Total Match Tinder Hinge Everywhere costs Eliminations Group (Dollars in thousands) Net income attributable to Matc

22. Slide 22: GAAP to Non-GAAP Reconciliations

    Q2 2026 | SUPPLEMENTAL MATERIALS GAAP to Non-GAAP Reconciliations Reconciliation of Net Income to Adjusted EBITDA Three Months Ended December 31, 2024 Corporate & Everyone unallocated Total Match Tinder Hinge Everywhere costs Eliminations Group (Dollars in thousands) Net income attributable to Match

23. Slide 23: GAAP to Non-GAAP Reconciliations

    Q2 2026 | SUPPLEMENTAL MATERIALS GAAP to Non-GAAP Reconciliations Reconciliation of Net Income to Adjusted EBITDA Three Months Ended March 31, 2025 Corporate & Everyone unallocated Total Match Tinder Hinge Everywhere costs Eliminations Group (Dollars in thousands) Net income attributable to Match Gr

24. Slide 24: GAAP to Non-GAAP Reconciliations

    Q2 2026 | SUPPLEMENTAL MATERIALS GAAP to Non-GAAP Reconciliations Reconciliation of Net Income to Adjusted EBITDA Three Months Ended June 30, 2025 Corporate & Everyone unallocated Total Match Tinder Hinge Everywhere costs Eliminations Group (Dollars in thousands) Net income attributable to Match Gro

25. Slide 25: GAAP to Non-GAAP Reconciliations

    Q2 2026 | SUPPLEMENTAL MATERIALS GAAP to Non-GAAP Reconciliations Reconciliation of Net Income to Adjusted EBITDA Three Months Ended September 30, 2025 Corporate & Everyone unallocated Total Match Tinder Hinge Everywhere costs Eliminations Group (Dollars in thousands) Net income attributable to Matc

26. Slide 26: GAAP to Non-GAAP Reconciliations

    Q2 2026 | SUPPLEMENTAL MATERIALS GAAP to Non-GAAP Reconciliations Reconciliation of Net Income to Adjusted EBITDA Three Months Ended December 31, 2025 Corporate & Everyone unallocated Total Match Tinder Hinge Everywhere costs Eliminations Group (Dollars in thousands) Net income attributable to Match

27. Slide 27: GAAP to Non-GAAP Reconciliations

    Q2 2026 | SUPPLEMENTAL MATERIALS GAAP to Non-GAAP Reconciliations Reconciliation of Net Income to Adjusted EBITDA Three Months Ended March 31, 2026 Corporate & Everyone unallocated Total Match Tinder Hinge Everywhere costs Eliminations Group (Dollars in thousands) Net income attributable to Match Gr

28. Slide 28: GAAP to Non-GAAP Reconciliations

    Q2 2026 | SUPPLEMENTAL MATERIALS GAAP to Non-GAAP Reconciliations Reconciliation of Net Income to Adjusted EBITDA Three Months Ended June 30, 2026 Corporate & Everyone unallocated Total Match Tinder Hinge Everywhere costs Eliminations Group (Dollars in thousands) Net income attributable to Match Gro

29. Slide 29: GAAP to Non-GAAP Reconciliations

    Q2 2026 | SUPPLEMENTAL MATERIALS GAAP to Non-GAAP Reconciliations Reconciliation of Net Income to Adjusted EBITDA Year Ended December 31, 2024 Corporate & Everyone unallocated Total Match Tinder Hinge Everywhere costs Eliminations Group (Dollars in thousands) Net income attributable to Match Group,

30. Slide 30: GAAP to Non-GAAP Reconciliations

    Q2 2026 | SUPPLEMENTAL MATERIALS GAAP to Non-GAAP Reconciliations Reconciliation of Net Income to Adjusted EBITDA Year Ended December 31, 2025 Corporate & Everyone unallocated Total Match Tinder Hinge Everywhere costs Eliminations Group (Dollars in thousands) Net income attributable to Match Group,

31. Slide 31: GAAP to Non-GAAP Reconciliations

    Q2 2026 | SUPPLEMENTAL MATERIALS GAAP to Non-GAAP Reconciliations Reconciliation of Net Income to Adjusted EBITDA Six Months Ended June 30, 2026 Corporate & Everyone unallocated Total Match Tinder Hinge Everywhere costs Eliminations Group (Dollars in thousands) Net income attributable to Match Group

32. Slide 32: GAAP to Non-GAAP Reconciliations

    Q2 2026 | SUPPLEMENTAL MATERIALS GAAP to Non-GAAP Reconciliations Reconciliation of GAAP Revenue to Non-GAAP Revenue, Excluding Foreign Exchange Effects Three Months Ended June 30, 2026 $ Change % Change 2025 (Dollars in millions, rounding differences may occur) Direct Revenue, as reported $ 839.9 $

33. Slide 33: GAAP to Non-GAAP Reconciliations

    Q2 2026 | SUPPLEMENTAL MATERIALS GAAP to Non-GAAP Reconciliations Reconciliation of GAAP Revenue to Non-GAAP Revenue, Excluding Foreign Exchange Effects Three Months Ended June 30, Three Months Ended September 30, 2026 $ Change % Change 2025 2025 $ Change % Change 2024 (Dollars in millions, rounding

34. Slide 34: GAAP to Non-GAAP Reconciliations

    Q2 2026 | SUPPLEMENTAL MATERIALS GAAP to Non-GAAP Reconciliations Reconciliation of Net Cash Provided by Operating Activities to Free Cash Flow Years Ended December 31, 2024 2025 LTM Q2'26 (Dollars in thousands) Net cash provided by operating activities $ 932,719 $ 1,080,380 $ 1,207,620 Capital expe

35. Slide 35: GAAP to Non-GAAP Reconciliations

    Q2 2026 | SUPPLEMENTAL MATERIALS GAAP to Non-GAAP Reconciliations Reconciliation of Net Income to Adjusted EBITDA used in Leverage Ratios Years Ended December 31, 2024 2025 LTM Q2'26 (Dollars in thousands) Net income attributable to Match Group, Inc. shareholders $ 551,276 $ 613,446 $ 707,781 Add ba

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