What is Grindr's non-cash lease expense?

Grindr (GRND) reported non-cash lease expense of $792K in Q1 2026.

How has Grindr's non-cash lease expense changed year-over-year?

Grindr's non-cash lease expense increased by 24.5% year-over-year, from $636K to $792K.

What does non-cash lease expense mean?

Non-cash portion of operating lease cost — the difference between straight-line lease expense and actual cash rent payments.

Grindr GRND Non-Cash Lease Expense

Non-Cash Lease Expense at other companies

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$90K+7.1%

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$1.68M+14.2%

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:OperatingLeaseRightOfUseAssetAmortizationExpense.

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 non-cash lease expense?: Grindr (GRND) reported non-cash lease expense of $792K in Q1 2026.
How has Grindr's non-cash lease expense changed year-over-year?: Grindr's non-cash lease expense increased by 24.5% year-over-year, from $636K to $792K.
What does non-cash lease expense mean?: Non-cash portion of operating lease cost — the difference between straight-line lease expense and actual cash rent payments.