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Grindr GRND Business Segments — Professional services 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$2.95B-9.4%
Enterprise value$3.33B-2.6%
P/E30.8×
P/S5.8×-2.7×

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:ProfessionalAndContractServicesExpense.

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
Employee compensation and contractor expense, excluding stock-based compensation expense28,49418,23851,13736,978
Stock-based compensation expense20,62516,52935,63327,476
Sales and marketing expense8,2223,01312,3034,914
Professional services expense5,2126,98011,45711,994
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

Item 1. Financial Statements (Unaudited)

FAQ

What is Grindr's business segments — professional services expense?
Grindr (GRND) reported business segments — professional services expense of $5.21M in Q2 2026.
How has Grindr's business segments — professional services expense changed year-over-year?
Grindr's business segments — professional services expense decreased by 25.3% year-over-year, from $6.98M to $5.21M.
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.

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