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Match Group MTCH Research and development costs

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Other financials

Income statement

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Revenue$853.1M-1.2%
Gross profit$648.8M+4.3%
Operating income$245.5M+26.6%
Net income$170.5M+35.9%
EPS (diluted)$0.70+42.9%

Balance sheet

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Cash & equivalents$580.6M+73.2%
Total debt$3.6B+3.5%
Total equity-$237.1M-2.7%
Total assets$4.0B+4.3%

Cash flow

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Operating cash flow$369.8M+51.7%
CapEx$17.3M+34.5%
Free cash flow$352.5M+52.6%

Valuation

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Market cap$8.9B-2.6%
Enterprise value$11.87B-3.0%
P/E12.6×-4.4×
P/S2.5×-0.1×

Profitability

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Gross margin74.8%+2.9pp
Operating margin28.2%+4.9pp
Net margin20.2%+4.6pp
FCF margin32.5%+6.2pp

Returns & leverage

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Return on equity9.9%
Debt / equity1.5×
Current ratio1.7×+1.0×

Where this comes from

Reported directly by Match Group in its filing.

Tagged under the XBRL concept us-gaap:DeferredTaxAssetsInProcessResearchAndDevelopment.

The source filing: Match Group’s 10-K, filed February 26, 2026.

Filed
Feb 26, 2026, 4:51 PM EST
Fiscal year
FY2025
Accession
0000891103-26-000025
Line itemDecember 31, 2025December 31, 2024
Deferred tax assets:
Net operating loss carryforwards$155,548$165,959
Tax credit carryforwards49,27771,222
Capitalized research expenses99,442127,428
Disallowed interest carryforwards14,4606,837
Stock-based compensation25,62230,671
Accrued expenses36,45119,963
Exchangeable notes20,08528,821

Item 8. Consolidated Financial Statements and Supplementary Data

FAQ

What is Match Group's research and development costs?
Match Group (MTCH) reported research and development costs of $99.44M in Q4 2025.
How has Match Group's research and development costs changed year-over-year?
Match Group's research and development costs decreased by 22.0% year-over-year, from $127.43M to $99.44M.
What does research and development costs mean?
Research and development costs as reported by Match Group, Inc.

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