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
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Return on equity & assets (ROE / ROA)
ROEROA
Free cash flow (CFO − capex)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key annual figures
FY
Revenue
Net income
Gross M
Op M
ROE
ROA
FCF
Total debt
Cash
2025
$440M
$95M
0.0%
28.7%
201.6%
17.8%
$141M
$396M
$87M
2024
$345M
-$131M
0.0%
26.9%
99.6%
-27.3%
$94M
$291M
$59M
2023
$260M
-$56M
0.0%
21.4%
304.9%
-12.5%
$36M
$341M
$28M
2022
$195M
$852000
0.0%
6.7%
21.0%
0.2%
$50M
$361M
$9M
2021
$146M
$5M
0.0%
16.3%
1.9%
1.1%
$34M
$137M
$16M
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Return on equity & assets (ROE / ROA)
ROEROA
Free cash flow (CFO − capex, quarterly)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key quarterly figures
Quarter
Revenue
Net income
Gross M
Op M
ROE
ROA
FCF
Total debt
Cash
Jun '26
$138M
$18M
0.0%
23.5%
-151.2%
3.8%
$41M
$386M
$7M
Mar '26
$130M
$27M
0.0%
32.9%
3188.3%
5.7%
$33M
$391M
$24M
Dec '25
$126M
$20M
0.0%
24.9%
43.1%
3.8%
$25M
$396M
$87M
Sep '25
$116M
$31M
0.0%
39.1%
43.5%
7.0%
$55M
$280M
$6M
Jun '25
$104M
$17M
0.0%
23.4%
8.9%
3.0%
$37M
$283M
$121M
Mar '25
$94M
$27M
0.0%
27.0%
8.4%
4.0%
$24M
$287M
$256M
Dec '24
$98M
-$124M
0.0%
20.9%
94.1%
-25.9%
$29M
$291M
$59M
Sep '24
$89M
$25M
0.0%
31.8%
-184.1%
5.4%
$29M
$294M
$39M
Jun '24
$82M
-$22M
0.0%
29.8%
53.7%
-5.2%
$16M
$298M
$16M
Mar '24
$75M
-$9M
0.0%
25.6%
42.7%
-2.1%
$20M
$315M
$22M
Dec '23
$72M
-$45M
0.0%
22.7%
244.7%
-10.1%
$13M
$341M
$28M
Sep '23
$70M
-$437000
0.0%
23.6%
-1.8%
-0.1%
$8M
$343M
$30M
Jun '23
$62M
$22M
0.0%
22.6%
107.4%
5.0%
$6M
$343M
$22M
Mar '23
$56M
-$33M
0.0%
15.4%
583.3%
-7.1%
$8M
$360M
$34M
Dec '22
$55M
$5M
0.0%
4.5%
131.0%
1.2%
$14M
$361M
$9M
Sep '22
$50M
-$5M
0.0%
7.7%
-2.3%
-1.6%
$9M
—
$27M
Jun '22
$47M
-$4M
0.0%
-4.4%
-2.2%
-1.5%
$14M
—
$26M
Mar '22
$44M
$5M
0.0%
20.2%
1.7%
1.6%
$14M
—
$28M
Dec '21
—
-$18M
—
—
-6.7%
-4.0%
—
$137M
$16M
Sep '21
—
$12M
—
—
—
4.2%
—
—
—
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.
The price-to-earnings ratio has fallen from 1254.7× (Mar '23) to 24.0× (Nov '26).
The price-to-sales ratio has fallen from 5.5× (Mar '23) to 5.2× (Nov '26).
Price / earnings (P/E)
P/E
Price / sales (P/S)
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?
Grindr Inc.'s P/E (TTM) is 23.80 as of the 2026-11-03 close — market cap ÷ net income over the trailing twelve months where four consecutive quarters are reported, otherwise the latest fiscal year, the same figure as on the GRND stock page. The valuation chart above sets each month-end's price against the latest annual net income instead, so its latest point (about 24.0× as of Nov '26) can differ. 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), split-adjusted; price return — dividends not reinvested ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.