Grindr Reports Strong Q3 2026 Results and Raises Full-Year Guidance
Grindr (GRND) reported robust third-quarter results for 2026, characterized by a 22% year-over-year revenue increase to $141 million. The company's performance was bolstered by strong app-based subscription growth and the integration of PurposeMed Inc., which includes the telehealth brand Freddie. Consequently, management has upwardly revised its full-year 2026 revenue guidance to at least $560 million. The company is also looking toward 2027 with an optimistic outlook, projecting revenues of at least $705 million. While Grindr faces a slight normalization in advertising revenue due to the transition from third-party ads to internal telehealth services, the launch of 'Edge,' an AI-powered premium tier, shows significant early traction with nearly 400,000 registrations within 72 hours.
Topics: AI product launch app-based revenue EBITDA guidance revenue growth