earnings
confidence high
sentiment neutral
materiality 0.80
Match Group Q1 revenue $831M (-3% YoY); 13% workforce cut, $100M+ savings targeted
Match Group, Inc.
2025-Q1 EPS reported
$0.44
revenue$831,178,000
- Revenue $831M (-3% YoY, -1% FXN); Payers 14.2M (-5%); RPP $19.07 (+1%).
- Adjusted Operating Income $275M (-2% YoY); margin 33%. Q2 guidance: rev $850-860M, AOI $295-300M.
- CEO Spencer Rascoff: 13% workforce reduction, centralizing functions, targeting $100M+ annualized savings (~$45M in 2025).
- Dividend $0.19/share declared, payable July 18 to record July 3. Repurchased 9.6M shares for $295M in Q1+Apr.
- Free cash flow $178M in Q1; cash $414M, long-term debt $3.5B; leverage 2.8x gross.