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
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
FCF
Total debt
Cash
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
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
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
FCF
Total debt
Cash
Mar '26
$130M
$27M
0.0%
32.9%
$33M
$391M
$24M
Dec '25
$126M
$20M
0.0%
24.9%
$25M
$396M
$87M
Sep '25
$116M
$31M
0.0%
39.1%
$55M
$280M
$6M
Jun '25
$104M
$17M
0.0%
23.4%
$37M
$283M
$121M
Mar '25
$94M
$27M
0.0%
27.0%
$24M
$287M
$256M
Dec '24
$98M
-$124M
0.0%
20.9%
$29M
$291M
$59M
Sep '24
$89M
$25M
0.0%
31.8%
$29M
$294M
$39M
Jun '24
$82M
-$22M
0.0%
29.8%
$16M
$298M
$16M
Mar '24
$75M
-$9M
0.0%
25.6%
$20M
$315M
$22M
Dec '23
$72M
-$45M
0.0%
22.7%
$13M
$341M
$28M
Sep '23
$70M
-$437000
0.0%
23.6%
$8M
$343M
$30M
Jun '23
$62M
$22M
0.0%
22.6%
$6M
$343M
$22M
Mar '23
$56M
-$33M
0.0%
15.4%
$8M
$360M
$34M
Dec '22
$55M
$5M
0.0%
4.5%
$14M
$361M
$9M
Sep '22
$50M
-$5M
0.0%
7.7%
$9M
—
$27M
Jun '22
$47M
-$4M
0.0%
-4.4%
$14M
—
$26M
Mar '22
$44M
$5M
0.0%
20.2%
$14M
—
$28M
Dec '21
—
-$18M
—
—
—
$137M
$16M
Sep '21
—
$12M
—
—
—
—
—
Jun '21
—
$5M
—
—
—
—
—
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 1282.9× (Mar '23) to 25.4× (Jun '26).
The price-to-sales ratio has fallen from 5.6× (Mar '23) to 5.5× (Jun '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?
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.