Grindr Inc. (GRND)
| Market Cap | 2.33B -16.9% |
| Revenue (ttm) | 509.82M +32.4% |
| Net Income | 85.68M |
| EPS | 0.47 |
| Shares Out | 173.82M |
| PE Ratio | 28.78 |
| Forward PE | 22.76 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 3,246,067 |
| Open | 14.21 |
| Previous Close | 14.17 |
| Day's Range | 13.43 - 14.31 |
| 52-Week Range | 9.73 - 18.50 |
| Beta | 0.19 |
| Analysts | Buy |
| Price Target | 20.80 (+54.88%) |
| Est. Earnings | Nov 5, 2026 |
About GRND
Grindr Inc. operates a social networking and dating application for the lesbian, gay, bisexual, transgender, and queer (LGBTQ) communities worldwide. It manages and operates Grindr platform, a social networking platform serving and addressing the needs of gay, bisexual, and sexually explorative adults. It also offers Grindr as the Global Gayborhood in Your Pocket brand. In addition, the company provides ad-supported service and a premium subscription version. Grindr Inc. was founded in 2009 and is headquartered in West Hollywood, California.
Financial Performance
Financial StatementsAnalyst Summary
According to 5 analysts, the average rating for GRND stock is "Buy." The 12-month stock price target is $20.8, which is an increase of 54.88% from the latest price.
News
Grindr is spending $250M to signal that it's getting serious about LGBTQ healthcare
Grindr is expanding its footprint in LGBTQ-focused healthcare with its first major acquisition. The dating app is paying $250 million for health startup Freddie, with the aim of fully integrating Fred...
Grindr Transcript: M&A announcement
The acquisition of PurposeMed (Freddie) for $250M positions the company to expand into healthcare, integrating telehealth and pharmacy services for PrEP and other treatments. The deal targets significant long-term growth, with margin expansion expected as patient volume scales.
Grindr Press release: M&A announcement
Grindr issued a press release on September 30, 2026, disclosing material business information to investors.
Grindr to acquire Freddie for $250M in cash and stock
Grindr (GRND) “announced it has agreed to acquire PurposeMed Inc., the parent company of Freddie, a leading telehealth provider of PrEP and HIV prevention care, for $250 million in cash…
Grindr expands beyond dating with $250 million telehealth acquisition of PurposeMed
Grindr said it is acquiring PurposeMed, the parent company of HIV prevention telehealth provider Freddie. The deal is worth $250 million and is expected to close in the fourth quarter.
Grindr to Acquire Freddie, Expanding Access to HIV Prevention for Millions of Users
LOS ANGELES--(BUSINESS WIRE)--Grindr Inc. (NYSE: GRND), the Global Gayborhood in Your Pocket™, today announced it has agreed to acquire PurposeMed Inc., the parent company of Freddie, a leading telehe...
Grindr Agrees to Buy HIV-Prevention Telehealth Provider Freddie for $250 Million
The gay dating-app's first major acquisition reflects a broader expansion into the healthcare business.
Grindr to Participate in the Clinton Global Initiative 2026 Annual Meeting
LOS ANGELES--(BUSINESS WIRE)--Grindr Inc. (NYSE: GRND), the Global Gayborhood in Your Pocket™, today announced that George Arison, Grindr's Chairman and Chief Executive Officer, will speak on the main...
Grindr's Award-Winning Podcast, Who's the A**hole? Is Back for a Fifth Round
WEST HOLLYWOOD, Calif.--(BUSINESS WIRE)-- #Grindr--Grindr's award-winning podcast, Who's the A**hole? returns for Season 5 with Katya and a stacked new lineup of guests.
FCIF: Grindr wants AI to completely change how you find your next date
Could AI actually make the online dating and hookup experience better?
Grindr is betting big on IRL marketing. There's a very digital reason.
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Grindr Transcript: Goldman Sachs Communacopia + Technology Conference 2026
The company has driven strong user and revenue growth through product innovation, AI integration, and a focus on premiumization while maintaining a robust free tier. Strategic priorities include launching the AI-powered EDGE tier, expanding healthcare offerings, and leveraging operational efficiencies to sustain growth.
Grindr pays £26m to settle UK lawsuit over allegedly sharing users' HIV status
US-owned dating app allegedly allowed ad firms access to private information in breach of UK law
Grindr to Participate in the Goldman Sachs Communacopia + Technology Conference
LOS ANGELES--(BUSINESS WIRE)--Grindr Inc. (NYSE: GRND), the Global Gayborhood in Your Pocket™, today announced that George Arison, Grindr's Chairman and Chief Executive Officer, will participate in a ...
Grindr CEO says AI is doing work that would have required hiring 200 additional engineers
Grindr CEO George Arison said that AI had increased its engineering output 2.5-fold. "Before GenAI, producing that much technical output would have required roughly 200 additional engineers," he said.
Grindr price target raised to $19 from $15 at Goldman Sachs
Goldman Sachs raised the firm’s price target on Grindr (GRND) to $19 from $15 and keeps a Buy rating on the shares.
Grindr price target raised to $20 from $18 at Morgan Stanley
Morgan Stanley analyst Nathan Feather raised the firm’s price target on Grindr (GRND) to $20 from $18 and keeps an Overweight rating on the shares.
Grindr price target raised to $22 from $18 at Raymond James
Raymond James raised the firm’s price target on Grindr (GRND) to $22 from $18 and keeps an Outperform rating on the shares.
Grindr Earnings Call Transcript: Q2 2026
Q2 2026 saw 33% revenue growth and a 42% EBITDA margin, driven by AI-enabled product improvements and strong user engagement. Full-year guidance was raised, with continued investment in innovation and cultural partnerships like Madonna's campaign. Robust Gen Z engagement and operational leverage position the business for future growth.
Grindr Shareholder letter: Q2 2026
Grindr has published a letter to shareholders covering Q2 2026, which was released on August 6, 2026.
Grindr Earnings release: Q2 2026
Grindr released its Q2 2026 earnings on August 6, 2026, summarizing the period's financial results.
Grindr Quarterly report: Q2 2026
Grindr has published its Q2 2026 quarterly earnings report on August 6, 2026.
Grindr reports Q2 revenue $138M, consensus $132.44M
Reports Q2 adjusted EBITDA $58M vs 45M last year. “Driven by strong user engagement and organic momentum, Grindr (GRND) delivered an outstanding second quarter. Because our users are responding even…
Grindr sees FY26 revenue $540M, consensus $537.32M
The company said, “Given our strong performance through the first half of 2026, positive user response to core app improvements, and higher than anticipated AI-driven operational leverage, we are rais...
Grindr's AI spend is paying off and its pricey new tier has had some surprises, CEO says
LGBTQ-focused dating platform Grindr is using AI to develop new premium subscription products and improve backend tools. The company estimates that total engineering output increased roughly 2.5 times...