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GRND Financials Grindr Inc.

5 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →

Growth & profitability

  • Revenue has grown 31.8% per year over the past 4 years.
  • Net income has grown faster than revenue (108.0% vs 31.8% per year).
  • Operating margin has expanded, at 28.7% in the latest year.
  • Free cash flow has grown 42.5% per year over the past 4 years.

Financial health

  • Total debt ($396M) exceeds cash ($87M); net debt is $309M.
  • Total debt has grown in line with revenue (30.3% vs 31.8% per year).
  • Total debt is 2.9× EBITDA.
Revenue & net income
-$131M $154M $440M $0 2021 2022 2023 2024 2025
RevenueNet income
Margins (gross / operating / net)
-38% -5% 29% 0% 2021 2022 2023 2024 2025
GrossOperatingNet
Free cash flow (CFO − capex)
$0 $70M $141M 2021 2022 2023 2024 2025
Free cash flow
Cash vs total debt
$0 $198M $396M 2021 2022 2023 2024 2025
CashTotal debt
Cash flow: operating / investing / financing
-$105M $18M $142M $0 2021 2022 2023 2024 2025
OperatingInvestingFinancing

Key annual figures

FYRevenueNet incomeGross MOp MFCFTotal debtCash
2025 $440M $95M 0.0% 28.7% $141M $396M $87M
2024 $345M -$131M 0.0% 26.9% $94M $291M $59M
2023 $260M -$56M 0.0% 21.4% $36M $341M $28M
2022 $195M $852000 0.0% 6.7% $50M $361M $9M
2021 $146M $5M 0.0% 16.3% $34M $137M $16M

Valuation over time

How the market has priced GRND against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.

Price / earnings (P/E)
0.0 916.8 1833.6 Mar '23 Aug '23 Jan '24 Jun '24 Nov '24 Apr '25 Sep '25 Feb '26
P/E
Price / sales (P/S)
0.0 6.3 12.6 Mar '23 Aug '23 Jan '24 Jun '24 Nov '24 Apr '25 Sep '25 Feb '26
P/S

Frequently asked questions

Is GRND growing its revenue and profit?

Over the past 4 years, Grindr Inc.'s revenue has grown 31.8% per year, and net income grown 108.0% per year. These are computed facts, not advice.

How much debt does GRND have?

As of FY2025, Grindr Inc. reported $396M of total debt against $87M of cash.

What is GRND's profit margin?

In FY2025, gross margin was —, operating margin 28.7%, and net margin 21.5%.

What is GRND's P/E ratio?

As of Jun '26, Grindr Inc. traded at a price-to-earnings ratio of about 25.4× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S have moved with the share price. These are computed facts, not advice.

Where does this data come from?

All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.

Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.