Slide 1: Q2 2026 Shareholder Letter
Q2 2026 Shareholder Letter AUGUST 6, 2026
Slide 2: Dear Grindr Shareholders
Q2 2026 The Global Gayborhood in Your Pocket™ Dear Grindr Shareholders, As 2026 has progressed, it has become increasingly clear that our users are responding to the significant product work underway across the Grindr app even better than we had expected, delivering another exceptional quarter. As a
Slide 3: Building an AI-Native Company
Q2 2026 The Global Gayborhood in Your Pocket™ Building an AI-Native Company Terraforming Grindr to be AI-native in how it operates is most evident in our engineering organization. The engineer’s role has changed over the last several quarters from writing code directly to architecting, directing, an
Slide 4: Product Momentum
Q2 2026 The Global Gayborhood in Your Pocket™ models. Our proprietary AI data system, Data Daddy, allows employees across the company to ask data questions and receive immediate answers and analysis, with privacy safeguards. Better data is becoming the foundation for making the Grindr app more intel
Slide 5: Madonna x Grindr
Q2 2026 The Global Gayborhood in Your Pocket™ MADONNA X GRINDR & the Global Gayborhood Our Madonna partnership is the clearest example yet of how much the perception of Grindr has expanded over the last three years. Not long ago, very few people would have expected one of the most important cultural
Slide 6: With... Madonna
Q2 2026 The Global Gayborhood in Your Pocket™ Confessions II bathwater dogperson The Immaculate Selection Confessions II Madonna Like a Virgin True Blue Like a Prayer E rotica CONFESSIONS Bedtime Stories ay of Light R WITH... Music A merican Life Confessions on a Dance Floor Hard Candy MDNA Rebel He
Slide 7: The Opportunity Ahead
Q2 2026 The Global Gayborhood in Your Pocket™ The Opportunity Ahead Grindr is performing ahead of what we expected coming into the year, with many of the priorities I laid out in my February letter to shareholders showing up in the business faster and delivering more than we anticipated. Strong AI a
Slide 8: Q2 2026 Financial & Operating Performance
Q2 2026 The Global Gayborhood in Your Pocket™ Q2 2026 Financial & Operating Performance Grindr delivered another outstanding quarter in Q2 2026, driven by strong user engagement with product enhancements, higher conversion rates, AI-driven engineering productivity, and successful cultural activation
Slide 9: Operating Income, Net Income, Adjusted EBITDA
Q2 2026 The Global Gayborhood in Your Pocket™ Operating Income Operating income for Q2 2026 was $33 million, or 24% of revenue, compared to $24 million, or 23% of revenue in Q2 2025. Operating expenses, excluding cost of revenue, were $71 million in Q2 2026, up from $53 million in Q2 2025, with a po
Slide 10: Guidance
Q2 2026 The Global Gayborhood in Your Pocket™ disciplined capital allocation, emphasizing internal investment in the business. We will, however, continue to maintain the flexibility to repurchase shares as market conditions warrant. Guidance Given our strong performance through the first half of 202
Slide 11: Adjusted EBITDA and Adjusted EBITDA Margin
Q2 2026 The Global Gayborhood in Your Pocket™ Adjusted EBITDA and Adjusted EBITDA Margin (in thousands) Shareholder Letter 11
Slide 12: Adjusted EBITDA and Adjusted EBITDA Margin
Q2 2026 The Global Gayborhood in Your Pocket™ Adjusted EBITDA and Adjusted EBITDA Margin (in thousands) Shareholder Letter 12
Slide 13: Unaudited Condensed Consolidated Balance Sheets
Q2 2026 The Global Gayborhood in Your Pocket™ Unaudited Condensed Consolidated Balance Sheets (in thousands, except for share data) Shareholder Letter 13
Slide 14: Unaudited Condensed Consolidated Statement of Operations
Q2 2026 The Global Gayborhood in Your Pocket™ Unaudited Condensed Consolidated Statement of Operations (in thousands) Shareholder Letter 14
Slide 15: Unaudited Condensed Consolidated Statement of Cash Flows
Q2 2026 The Global Gayborhood in Your Pocket™ Unaudited Condensed Consolidated Statement of Cash Flows (in thousands) Shareholder Letter 15
Slide 16: Unaudited Condensed Consolidated Statement of Cash Flows Continued
Q2 2026 The Global Gayborhood in Your Pocket™ Unaudited Condensed Consolidated Statement of Cash Flows Continued (in thousands) Shareholder Letter 16
Slide 17: Forward Looking Statements
Q2 2026 The Global Gayborhood in Your Pocket™ Forward Looking Statements This letter contains “forward looking statements” within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995 regarding, among other things, Grindr’s current views wi
Slide 18: Non-GAAP Financial Measures
Q2 2026 The Global Gayborhood in Your Pocket™ repurchase program, and our ability to fund any such repurchases; (xvi) the effects of macroeconomic and geopolitical events on our business, such as health epidemics, pandemics, natural disasters, the impacts of changing tariff policies and trade tensio
Slide 19: Key Operating Measures, Trademarks, About Grindr
Q2 2026 The Global Gayborhood in Your Pocket™ unreasonable efforts due to the variability and complexity with respect to the charges excluded from Adjusted EBITDA. In particular, the measures and effects of our stock-based compensation related to equity grants that are directly impacted by unpredict