Match Group Inc Financials
This page shows Match Group Inc (MTCH) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 17 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Financial Health Signals
Based on FY2024 annual data. Scores normalized against common benchmarks. How we calculate these scores
Match Group Inc has an operating margin of 23.7%, meaning the company retains $24 of operating profit per $100 of revenue. This strong profitability earns a score of 100/100, reflecting efficient cost management and pricing power. This is down from 27.3% the prior year.
Match Group Inc's revenue grew a modest 3.4% year-over-year to $3.5B. This slow but positive growth earns a score of 38/100.
With a current ratio of 2.54, Match Group Inc holds $2.54 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 82/100.
Match Group Inc converts 25.4% of revenue into free cash flow ($882.1M). This strong cash generation earns a score of 100/100.
Match Group Inc scores 0.51, below the 1.81 distress threshold. The score is driven primarily by a large market capitalization ($7.2B) relative to total liabilities ($4.5B). This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.
Match Group Inc passes 6 of 9 financial strength tests. 3 of 4 profitability signals pass, 2 of 3 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.
For every $1 of reported earnings, Match Group Inc generates $1.69 in operating cash flow ($932.7M OCF vs $551.3M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Match Group Inc earns $5.1 in operating income for every $1 of interest expense ($823.3M vs $160.1M). This wide margin provides strong safety for debt servicing, even if earnings decline temporarily.
Key Financial Metrics
Match Group Inc generated $3.5B in revenue in fiscal year 2024. This represents an increase of 3.4% from the prior year.
Match Group Inc's EBITDA was $910.8M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 11.3% from the prior year.
Match Group Inc generated $882.1M in free cash flow in fiscal year 2024, representing cash available after capex. This represents an increase of 6.4% from the prior year.
Match Group Inc reported $551.3M in net income in fiscal year 2024. This represents a decrease of 15.4% from the prior year.
Match Group Inc earned $2.02 per diluted share (EPS) in fiscal year 2024. This represents a decrease of 10.6% from the prior year.
Match Group Inc held $966.0M in cash against $3.8B in long-term debt as of fiscal year 2024.
Match Group Inc paid $0.19 per share in dividends in fiscal year 2024.
Match Group Inc had 251M shares outstanding in fiscal year 2024. This represents a decrease of 6.5% from the prior year.
Match Group Inc's gross margin was 71.5% in fiscal year 2024, indicating the percentage of revenue retained after direct costs. This is down 0.1 percentage points from the prior year.
Match Group Inc's operating margin was 23.7% in fiscal year 2024, reflecting core business profitability. This is down 3.6 percentage points from the prior year.
Match Group Inc's net profit margin was 15.8% in fiscal year 2024, showing the share of revenue converted to profit. This is down 3.5 percentage points from the prior year.
Match Group Inc invested $442.2M in research and development in fiscal year 2024. This represents an increase of 15.1% from the prior year.
Match Group Inc spent $752.7M on share buybacks in fiscal year 2024, returning capital to shareholders by reducing shares outstanding. This represents an increase of 37.8% from the prior year.
Match Group Inc invested $50.6M in capex in fiscal year 2024, funding long-term assets and infrastructure. This represents a decrease of 25.0% from the prior year.
MTCH Income Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $914.3M+5.9% | $863.7M+3.9% | $831.2M-3.4% | $860.2M-0.5% | $864.1M+0.5% | $859.6M-0.8% | $866.2M-1.7% | $881.6M |
| Cost of Revenue | $247.0M+2.1% | $241.9M+2.1% | $236.9M+0.2% | $236.4M-3.5% | $245.0M-4.6% | $256.7M+23.4% | $208.1M-18.6% | $255.6M |
| Gross Profit | $667.2M+7.3% | $621.8M+4.6% | $594.3M-4.7% | $623.8M+0.8% | $619.1M+2.7% | $602.9M-8.4% | $658.1M+5.1% | $626.0M |
| R&D Expenses | $105.0M-8.3% | $114.5M-5.2% | $120.9M+10.7% | $109.1M-3.9% | $113.6M-1.9% | $115.7M+18.6% | $97.6M+3.6% | $94.1M |
| SG&A Expenses | $148.0M+8.4% | $136.6M+22.4% | $111.5M-2.5% | $114.4M+0.1% | $114.3M+7.6% | $106.2M-1.8% | $108.2M+1.0% | $107.1M |
| Operating Income | $221.3M+14.1% | $193.9M+12.4% | $172.6M-22.7% | $223.4M+9.2% | $204.5M+10.7% | $184.7M-29.0% | $260.3M+6.9% | $243.6M |
| Interest Expense | $37.0M+15.1% | $32.2M-8.8% | $35.3M-10.9% | $39.6M-1.2% | $40.0M-0.8% | $40.4M-0.2% | $40.4M+0.1% | $40.4M |
| Income Tax | $32.9M+2.0% | $32.2M+44.0% | $22.4M-43.0% | $39.3M-5.8% | $41.7M+36.1% | $30.6M+738.2% | -$4.8M-110.1% | $47.3M |
| Net Income | $160.8M+28.1% | $125.5M+6.7% | $117.6M-25.7% | $158.3M+18.7% | $133.3M+8.2% | $123.2M-46.3% | $229.7M+40.3% | $163.8M |
| EPS (Diluted) | $0.62+26.5% | $0.49+11.4% | $0.44-25.4% | $0.59+22.9% | $0.48+9.1% | $0.44-44.3% | $0.79+38.6% | $0.57 |
MTCH Balance Sheet
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $4.5B+17.5% | $3.9B-0.6% | $3.9B-12.9% | $4.5B+2.2% | $4.4B-0.8% | $4.4B-2.3% | $4.5B+6.1% | $4.2B |
| Current Assets | $1.5B+98.4% | $769.9M-7.4% | $831.8M-40.5% | $1.4B+8.7% | $1.3B+2.9% | $1.2B-1.7% | $1.3B+13.7% | $1.1B |
| Cash & Equivalents | $1.1B+214.2% | $335.2M-18.1% | $409.4M-57.6% | $966.0M+15.3% | $837.8M-8.4% | $914.9M+6.1% | $862.4M+22.0% | $706.9M |
| Inventory | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Accounts Receivable | $344.4M+0.6% | $342.3M+5.9% | $323.3M-0.5% | $325.0M+0.2% | $324.3M+44.0% | $225.1M-24.6% | $298.6M+3.7% | $288.1M |
| Goodwill | $2.3B-0.2% | $2.3B+1.5% | $2.3B+0.1% | $2.3B+2.5% | $2.3B-1.4% | $2.3B-2.4% | $2.3B+3.3% | $2.3B |
| Total Liabilities | $4.8B+16.3% | $4.1B+0.6% | $4.1B-10.1% | $4.5B+0.7% | $4.5B-0.3% | $4.5B-0.4% | $4.5B-0.5% | $4.5B |
| Current Liabilities | $1.1B-1.9% | $1.1B+115.7% | $512.4M-6.8% | $549.5M+7.2% | $512.3M-1.3% | $518.9M-2.4% | $531.8M-6.7% | $570.1M |
| Long-Term Debt | $3.5B+24.3% | $2.9B-16.7% | $3.4B-11.0% | $3.8B+0.1% | $3.8B0.0% | $3.8B0.0% | $3.8B0.0% | $3.8B |
| Total Equity | -$223.9M+3.0% | -$230.9M-26.4% | -$182.7M-187.0% | -$63.7M+51.1% | -$130.2M-20.8% | -$107.8M-451.5% | -$19.5M+93.5% | -$299.4M |
| Retained Earnings | -$6.2B+2.5% | -$6.3B+1.9% | -$6.5B+1.8% | -$6.6B+4.3% | -$6.9B+1.9% | -$7.0B+1.7% | -$7.1B+3.1% | -$7.4B |
MTCH Cash Flow Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $320.6M+31.5% | $243.8M+26.3% | $193.1M-24.2% | $254.7M+97.5% | $129.0M-54.6% | $284.1M+2.9% | $276.1M-5.1% | $290.8M |
| Capital Expenditures | $13.8M+7.2% | $12.9M-16.6% | $15.4M+103.9% | $7.6M-40.3% | $12.7M-26.5% | $17.2M-0.9% | $17.4M+38.4% | $12.6M |
| Free Cash Flow | $306.8M+32.8% | $231.0M+30.0% | $177.7M-28.1% | $247.1M+112.5% | $116.3M-56.4% | $266.9M+3.1% | $258.7M-7.0% | $278.2M |
| Investing Cash Flow | -$13.6M+64.0% | -$37.8M-129.0% | -$16.5M-120.9% | -$7.5M+41.0% | -$12.7M+51.4% | -$26.0M+10.2% | -$29.0M-184.1% | -$10.2M |
| Financing Cash Flow | $415.1M+242.2% | -$292.0M+60.6% | -$740.3M-505.9% | -$122.2M+37.4% | -$195.0M+2.3% | -$199.6M-104.6% | -$97.6M+67.8% | -$302.8M |
| Dividends Paid | $45.9M-2.7% | $47.2M-1.3% | $47.8M | $0 | $0 | $0 | N/A | N/A |
| Share Buybacks | $130.2M-43.6% | $231.0M+22.4% | $188.7M+54.6% | $122.1M-38.6% | $198.8M+5.4% | $188.6M+86.6% | $101.1M-66.3% | $300.0M |
MTCH Financial Ratios
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 73.0%+1.0pp | 72.0%+0.5pp | 71.5%-1.0pp | 72.5%+0.9pp | 71.7%+1.5pp | 70.1%-5.8pp | 76.0%+5.0pp | 71.0% |
| Operating Margin | 24.2%+1.8pp | 22.4%+1.7pp | 20.8%-5.2pp | 26.0%+2.3pp | 23.7%+2.2pp | 21.5%-8.5pp | 30.0%+2.4pp | 27.6% |
| Net Margin | 17.6%+3.0pp | 14.5%+0.4pp | 14.1%-4.3pp | 18.4%+3.0pp | 15.4%+1.1pp | 14.3%-12.2pp | 26.5%+7.9pp | 18.6% |
| Return on Equity | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Return on Assets | 3.5%+0.3pp | 3.2%+0.2pp | 3.0%-0.5pp | 3.5%+0.5pp | 3.0%+0.2pp | 2.8%-2.3pp | 5.1%+1.2pp | 3.9% |
| Current Ratio | 1.41+0.7 | 0.70-0.9 | 1.62-0.9 | 2.54+0.0 | 2.51+0.1 | 2.41+0.0 | 2.39+0.4 | 1.96 |
| Debt-to-Equity | -15.84-3.5 | -12.37+6.4 | -18.76+41.7 | -60.46-30.9 | -29.53+6.1 | -35.65+160.9 | -196.55-183.7 | -12.83 |
| FCF Margin | 33.6%+6.8pp | 26.7%+5.4pp | 21.4%-7.4pp | 28.7%+15.3pp | 13.5%-17.6pp | 31.0%+1.2pp | 29.9%-1.7pp | 31.6% |
Note: Shareholder equity is negative (-$63.7M), which causes debt-to-equity and return on equity ratios to appear negative or not meaningful. This can occur from accumulated losses or large share buyback programs.
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Frequently Asked Questions
What is Match Group Inc's annual revenue?
Match Group Inc (MTCH) reported $3.5B in total revenue for fiscal year 2024. This represents a 3.4% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Match Group Inc's revenue growing?
Match Group Inc (MTCH) revenue grew by 3.4% year-over-year, from $3.4B to $3.5B in fiscal year 2024.
Is Match Group Inc profitable?
Yes, Match Group Inc (MTCH) reported a net income of $551.3M in fiscal year 2024, with a net profit margin of 15.8%.
What is Match Group Inc's earnings per share (EPS)?
Match Group Inc (MTCH) reported diluted earnings per share of $2.02 for fiscal year 2024. This represents a -10.6% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.
What is Match Group Inc's EBITDA?
Match Group Inc (MTCH) had EBITDA of $910.8M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Match Group Inc have?
As of fiscal year 2024, Match Group Inc (MTCH) had $966.0M in cash and equivalents against $3.8B in long-term debt.
What is Match Group Inc's gross margin?
Match Group Inc (MTCH) had a gross margin of 71.5% in fiscal year 2024, indicating the percentage of revenue retained after direct costs of goods sold.
What is Match Group Inc's operating margin?
Match Group Inc (MTCH) had an operating margin of 23.7% in fiscal year 2024, reflecting the profitability of core business operations before interest and taxes.
What is Match Group Inc's net profit margin?
Match Group Inc (MTCH) had a net profit margin of 15.8% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.
Does Match Group Inc pay dividends?
Yes, Match Group Inc (MTCH) paid $0.19 per share in dividends during fiscal year 2024.
What is Match Group Inc's free cash flow?
Match Group Inc (MTCH) generated $882.1M in free cash flow during fiscal year 2024. This represents a 6.4% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Match Group Inc's operating cash flow?
Match Group Inc (MTCH) generated $932.7M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.
What are Match Group Inc's total assets?
Match Group Inc (MTCH) had $4.5B in total assets as of fiscal year 2024, including both current and long-term assets.
What are Match Group Inc's capital expenditures?
Match Group Inc (MTCH) invested $50.6M in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.
How much does Match Group Inc spend on research and development?
Match Group Inc (MTCH) invested $442.2M in research and development during fiscal year 2024.
Does Match Group Inc buy back shares?
Yes, Match Group Inc (MTCH) spent $752.7M on share buybacks during fiscal year 2024, returning capital to shareholders by reducing shares outstanding.
How many shares does Match Group Inc have outstanding?
Match Group Inc (MTCH) had 251M shares outstanding as of fiscal year 2024.
What is Match Group Inc's current ratio?
Match Group Inc (MTCH) had a current ratio of 2.54 as of fiscal year 2024, which is generally considered healthy.
What is Match Group Inc's debt-to-equity ratio?
Match Group Inc (MTCH) had a debt-to-equity ratio of -60.46 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Match Group Inc's return on assets (ROA)?
Match Group Inc (MTCH) had a return on assets of 12.3% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.
Why is Match Group Inc's debt-to-equity ratio negative or unusual?
Match Group Inc (MTCH) has negative shareholder equity of -$63.7M as of fiscal year 2024, which causes the debt-to-equity ratio to appear negative or not meaningful. This can occur when accumulated losses exceed invested capital, or after large share buyback programs. Other solvency metrics like the current ratio or interest coverage may be more informative.
What is Match Group Inc's Altman Z-Score?
Match Group Inc (MTCH) has an Altman Z-Score of 0.51, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios—working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets—to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Match Group Inc's Piotroski F-Score?
Match Group Inc (MTCH) has a Piotroski F-Score of 6 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Match Group Inc's earnings high quality?
Match Group Inc (MTCH) has an earnings quality ratio of 1.69x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Match Group Inc cover its interest payments?
Match Group Inc (MTCH) has an interest coverage ratio of 5.1x, meaning it can comfortably cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Match Group Inc?
Match Group Inc (MTCH) scores 80 out of 100 on our Financial Profile, indicating strong overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.