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Grindr GRND Business Segments — Professional services expense

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Other financials

Income statement

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Revenue$129.9M+38.3%
Gross profit$97.3M+40.3%
Operating income$42.7M+68.3%
Net income$26.8M-1.0%
EPS (diluted)$0.14+55.6%

Balance sheet

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Cash & equivalents$24.4M-90.5%
Total debt$395.0M+36.1%
Total equity$839.0K-99.7%
Total assets$470.9M-30.7%

Cash flow

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Operating cash flow$33.5M+40.7%
CapEx$32.0K-74.2%
Free cash flow$33.4M+41.3%

Valuation

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Market cap$2.34B-39.9%
Enterprise value$2.71B-30.6%
P/E24.7×
P/S4.9×-5.8×

Profitability

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Gross margin74.7%+0.1pp
Operating margin30.2%+3.0pp
Net margin19.9%+12.7pp
FCF margin31.6%+4.8pp

Returns & leverage

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Return on equity58.9%
Debt / equity470.8×+470×
Current ratio1.3×-2.9×

Where this comes from

Reported directly by Grindr in its filing.

Tagged under the XBRL concept us-gaap:ProfessionalAndContractServicesExpense.

The official record: Grindr’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Grindr's business segments — professional services expense?
Grindr (GRND) reported business segments — professional services expense of $6.25M in Q1 2026.
How has Grindr's business segments — professional services expense changed year-over-year?
Grindr's business segments — professional services expense increased by 24.6% year-over-year, from $5.01M to $6.25M.
What is the long-term trend for Grindr's business segments — professional services expense?
Over 2 years (2023 to 2025), Grindr's business segments — professional services expense has grown at a 7.5% compound annual growth rate (CAGR), from $22.54M to $26.04M.
What does business segments — professional services expense mean?
This includes fees paid to third-party consultants, legal advisors, and other professional service providers supporting the segment. It reflects the reliance on external expertise for specialized business functions and operational support.