---
schema_version: "secwatch.filing_event.v1"
accession: "0001820144-24-000020"
form_type: "8-K"
ticker: "GRND"
cik: "0001820144"
company_name: "Grindr Inc."
filed_at: "2024-05-09T23:59:59+00:00"
generated_at: "2026-06-02T06:50:02.242220+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Grindr Q1 revenue $75.3M (+35% YoY), Adj. EBITDA margin 42%, guides FY rev growth ≥23%

## Summary
- Revenue $75.3M, +35% YoY; operating income $19.3M (26% margin) vs $8.6M (15%) in Q1 2023.
- Net loss $9.4M (12% margin) vs $32.9M (59%); Adj. EBITDA $31.6M (42% margin), +44% YoY.
- Avg paying users 1.0M (+17% YoY); ARPPU $21.25 (+15% YoY); Avg MAUs 13.7M (+7% YoY).
- FY 2024 guidance: revenue growth ≥23%, Adj. EBITDA margin ≥40%.
- New chat system fully rolled out; two new products (Right Now, Roam) in development; eng headcount +50% QoQ.

## SEC filing metadata
- accession: 0001820144-24-000020
- form_type: 8-K
- ticker: GRND
- cik: 0001820144
- company_name: Grindr Inc.
- filed_at: 2024-05-09T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1820144/000182014424000020/0001820144-24-000020-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1820144/000182014424000020/grnd-20240509.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001820144-24-000020
- JSON: https://secwatch.observer/filing/0001820144-24-000020.json
- Plain text: https://secwatch.observer/filing/0001820144-24-000020.txt

## Key facts
- Earnings Releases
  Grindr Inc. reported the first fiscal quarter ended March 31, 2024 results: revenue $75.3M.
  - Period: the first fiscal quarter ended March 31, 2024
  - Revenue: $75.3M
  - Result: reported results
  source text: for our user experience, given how heavily chat is used—with over 121 billion chats in 2023—and the vital role it plays in our user community. Dear Grindr Shareholders, Q1 2024 $75.3M revenue $31.6M adj. EBITDA +35% YoY growth 42% of revenue 3LETTER TO SHAREHOLDERS Q1 2024 We also continue to make great additions to our Grindr team. We’ve increased our
  evidence_url: https://www.sec.gov/Archives/edgar/data/1820144/000182014424000020/0001820144-24-000020-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
