Grindr

Grindr CEO George Arison said GenAI increased the company's engineering output 2.5-fold between July 2025 and April 2026 while headcount grew minimally, later citing a 3.5x figure he downplayed as sounding "unreasonable." He estimated that matching the AI-driven output without AI would have required roughly 200 additional engineers and about $60 million in annual cost, and expects to spend about $6 million on AI tokens this year. Grindr measures output by code shipped, a contested metric, and Arison framed AI as a way to keep top engineers focused on work needing human creativity rather than as an explicit job-cutting move. » More on finance.yahoo.com

Grindr reported Q2 revenue of $138 million (+33% y/y), above market expectations, but missed consensus on EPS with $0.10 versus about $0.14–$0.16. Adjusted EBITDA margin fell to 42% (prior year 43.4%) and net margin dropped to 13% (prior year 16%), driven by higher spending on product, technology and marketing. The company raised its full-year guidance to roughly $540 million in revenue and about $232 million in adjusted EBITDA, but investors remained skeptical due to a margin war and monetization concerns; the stock fell pre-market to $16.59. » More on de.investing.com

Grindr reported Q2 2026 revenue increased 33% to $138 million, above the $132.44 million estimate; adjusted EBITDA rose to $58 million with a 42% margin. The company raised its full-year guidance to about $540 million in revenue and roughly $232 million in adjusted EBITDA. The stock fell after-hours as investors weighed higher spending, absent EPS disclosures and doubts about the repeatability of the growth. Grindr executed an accelerated $60 million buyback program during the quarter and highlighted AI-driven productivity gains as a longer-term growth driver. » More on de.investing.com