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Grindr GRND Business Segments — Net Interest Expense

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Other financials

Income statement

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Revenue$138.1M+32.5%
Gross profit$103.6M+34.8%
Operating income$32.5M+33.5%
Net income$17.7M+6.6%
EPS (diluted)$0.10+25.0%

Balance sheet

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Cash & equivalents$7.1M-94.1%
Total debt$389.6M+35.4%
Total equity-$11.7M-106%
Total assets$462.8M-15.5%

Cash flow

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Operating cash flow$40.8M+8.8%
CapEx$32.0K-74.2%
Free cash flow$40.8M+9.3%

Valuation

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Market cap$3.05B-16.7%
Enterprise value$3.43B-10.3%
P/E31.9×
P/S-3.5×

Profitability

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Gross margin74.9%+0.6pp
Operating margin29.8%+4.2pp
Net margin18.7%+13.1pp
FCF margin30.2%-0.7pp

Returns & leverage

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Return on equity58.9%
Debt / equity470.8×+470×
Current ratio1.1×-1.4×

Where this comes from

Reported directly by Grindr in its filing.

Tagged under the XBRL concept us-gaap:InterestIncomeExpenseNonoperatingNet.

The source filing: Grindr’s 10-Q, filed August 7, 2026.

Filed
Aug 7, 2026, 4:05 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001820144-26-000025
Line itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Other general and administrative expense7,6214,63813,2808,563
Depreciation and amortization8953,0681,8786,545
Total operating expenses105,63679,874192,850148,420
Income from operations32,50224,34675,22949,738
Interest expense, net6,5293,56413,1347,439
Other expense (income), net (1)3,081(510)3,283(10,563)
Income tax provision5,1494,65414,3199,205
Net income$17,743$16,638$44,493$43,657

Item 1. Financial Statements (Unaudited)

FAQ

What is Grindr's business segments — net interest expense?
Grindr (GRND) reported business segments — net interest expense of -$6.53M in Q2 2026.
How has Grindr's business segments — net interest expense changed year-over-year?
Grindr's business segments — net interest expense decreased by 83.2% year-over-year, from -$3.56M to -$6.53M.
What is the long-term trend for Grindr's business segments — net interest expense?
Over 2 years (2023 to 2025), Grindr's business segments — net interest expense has grown at a -38.1% compound annual growth rate (CAGR), from -$46.01M to -$17.64M.
What does business segments — net interest expense mean?
This metric represents the net cost incurred by the business segment for borrowed funds, calculated as interest expense minus interest income. It reflects the segment's capital structure and the cost of servicing debt obligations associated with its operations.

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