Tearsheet

Grindr (GRND)


Market Price (4/20/2026): $13.22 | Market Cap: $2.4 Bil
Sector: Information Technology | Industry: IT Consulting & Other Services

Grindr (GRND)


Market Price (4/20/2026): $13.22
Market Cap: $2.4 Bil
Sector: Information Technology
Industry: IT Consulting & Other Services

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.

0

Strong revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is 28%

Attractive operating margins
Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is 29%

Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 32%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 30%

Attractive yield
FCF Yield is 5.5%

Low stock price volatility
Vol 12M is 46%

Megatrend and thematic drivers
Megatrends include Social Media & Creator Economy. Themes include Social Media Platforms.

Weak multi-year price returns
2Y Excs Rtn is -10%

Significant share based compensation
SBC/Rev LTMShare Based Compensation / Revenue (Sales), Last Twelve Months (LTM) is 12%

Key risks
GRND key risks include [1] regulatory scrutiny over its handling of sensitive LGBTQ+ user data and [2] governance uncertainty stemming from board investigations and significant insider selling.

0 Strong revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is 28%
1 Attractive operating margins
Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is 29%
2 Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 32%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 30%
3 Attractive yield
FCF Yield is 5.5%
4 Low stock price volatility
Vol 12M is 46%
5 Megatrend and thematic drivers
Megatrends include Social Media & Creator Economy. Themes include Social Media Platforms.
6 Weak multi-year price returns
2Y Excs Rtn is -10%
7 Significant share based compensation
SBC/Rev LTMShare Based Compensation / Revenue (Sales), Last Twelve Months (LTM) is 12%
8 Key risks
GRND key risks include [1] regulatory scrutiny over its handling of sensitive LGBTQ+ user data and [2] governance uncertainty stemming from board investigations and significant insider selling.

Valuation, Metrics & Events

Price Chart

Why The Stock Moved

Qualitative Assessment

AI Analysis | Feedback

Grindr (GRND) stock has lost about 5% since 12/31/2025 because of the following key factors:

1. Grindr missed analyst expectations for its fourth-quarter 2025 earnings. The company reported an Adjusted EPS of $0.10 on February 26, 2026, which fell short of analysts' consensus estimate of $0.13 by 23.08%.

2. Multiple analysts revised down their price targets for GRND. In late February and early March 2026, several firms, including Morgan Stanley (initiated with $14.00 price objective on Feb 24), TD Cowen (cut from $26.00 to $22.00 on Feb 24), and Goldman Sachs (cut from $20.00 to $17.00 on Mar 2), lowered their price objectives, reflecting a more cautious outlook. The average price target has seen a downward revision of 17.24% in the three months leading up to March 28, 2026.

Show more
Holding a concentrated position? Know your true downside before the momentum shifts.
Protect Your Wealth →

Stock Movement Drivers

Fundamental Drivers

The -2.6% change in GRND stock from 12/31/2025 to 4/19/2026 was primarily driven by a -11.2% change in the company's P/S Multiple.
(LTM values as of)123120254192026Change
Stock Price ($)13.5413.19-2.6%
Change Contribution By: 
Total Revenues ($ Mil)4124406.9%
P/S Multiple6.25.5-11.2%
Shares Outstanding (Mil)1901852.7%
Cumulative Contribution-2.6%

LTM = Last Twelve Months as of date shown

Market Drivers

12/31/2025 to 4/19/2026
ReturnCorrelation
GRND-2.6% 
Market (SPY)-5.4%30.8%
Sector (XLK)7.2%32.3%

Fundamental Drivers

The -12.2% change in GRND stock from 9/30/2025 to 4/19/2026 was primarily driven by a -27.5% change in the company's P/S Multiple.
(LTM values as of)93020254192026Change
Stock Price ($)15.0213.19-12.2%
Change Contribution By: 
Total Revenues ($ Mil)38544014.2%
P/S Multiple7.65.5-27.5%
Shares Outstanding (Mil)1961856.1%
Cumulative Contribution-12.2%

LTM = Last Twelve Months as of date shown

Market Drivers

9/30/2025 to 4/19/2026
ReturnCorrelation
GRND-12.2% 
Market (SPY)-2.9%23.3%
Sector (XLK)9.7%22.8%

Fundamental Drivers

The -26.3% change in GRND stock from 3/31/2025 to 4/19/2026 was primarily driven by a -39.6% change in the company's P/S Multiple.
(LTM values as of)33120254192026Change
Stock Price ($)17.9013.19-26.3%
Change Contribution By: 
Total Revenues ($ Mil)34544027.6%
P/S Multiple9.25.5-39.6%
Shares Outstanding (Mil)177185-4.4%
Cumulative Contribution-26.3%

LTM = Last Twelve Months as of date shown

Market Drivers

3/31/2025 to 4/19/2026
ReturnCorrelation
GRND-26.3% 
Market (SPY)16.3%25.4%
Sector (XLK)50.2%26.0%

Fundamental Drivers

The 112.1% change in GRND stock from 3/31/2023 to 4/19/2026 was primarily driven by a 4830.2% change in the company's Net Income Margin (%).
(LTM values as of)33120234192026Change
Stock Price ($)6.2213.19112.1%
Change Contribution By: 
Total Revenues ($ Mil)195440125.6%
Net Income Margin (%)0.4%21.5%4830.2%
P/E Multiple1,266.825.7-98.0%
Shares Outstanding (Mil)174185-6.1%
Cumulative Contribution112.1%

LTM = Last Twelve Months as of date shown

Market Drivers

3/31/2023 to 4/19/2026
ReturnCorrelation
GRND112.1% 
Market (SPY)63.3%25.5%
Sector (XLK)108.4%23.9%

Return vs. Risk

Price Returns Compared

 202120222023202420252026Total [1]
Returns
GRND Return-5%-54%89%103%-24%-4%21%
Peers Return-1%-34%19%32%6%-17%-10%
S&P 500 Return27%-19%24%23%16%3%87%

Monthly Win Rates [3]
GRND Win Rate67%75%67%50%33%75% 
Peers Win Rate50%37%58%63%52%35% 
S&P 500 Win Rate75%42%67%75%67%50% 

Max Drawdowns [4]
GRND Max Drawdown-7%-54%0%-8%-33%-27% 
Peers Max Drawdown-25%-43%-11%-14%-17%-26% 
S&P 500 Max Drawdown-1%-25%-1%-2%-15%-7% 


[1] Cumulative total returns since the beginning of 2021
[2] Peers: IBM, ACN, CTSH, ZM, TOST.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 4/17/2026 (YTD)

How Low Can It Go

Unique KeyEventGRNDS&P 500
2022 Inflation Shock2022 Inflation Shock  
2022 Inflation Shock% Loss% Loss-87.3%-25.4%
2022 Inflation Shock% Gain to Breakeven% Gain to Breakeven684.9%34.1%
2022 Inflation ShockTime to BreakevenTime to BreakevenNot Fully Recovered days464 days

Compare to IBM, ACN, CTSH, ZM, TOST

In The Past

Grindr's stock fell -87.3% during the 2022 Inflation Shock from a high on 11/18/2022. A -87.3% loss requires a 684.9% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

About Grindr (GRND)

Tiga Acquisition Corp. does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. The company was incorporated in 2020 and is headquartered in Singapore.

AI Analysis | Feedback

null

AI Analysis | Feedback

null

AI Analysis | Feedback

null

AI Analysis | Feedback

null

AI Analysis | Feedback

Grindr is an online dating application geared towards the gay, bi, trans, and queer community. It was founded in 2009 by Joel Simkhai. The company is headquartered in West Hollywood, California. Here is a list of Grindr's management team members:

George Arison

Chief Executive Officer and Director George Arison was appointed CEO of Grindr in October 2022. Prior to joining Grindr, Mr. Arison co-founded and served as CEO of Shift Technologies, Inc. (Nasdaq: SFT), an e-commerce marketplace for cars, from 2013 to 2022. He also co-founded and was the CEO of Taxi Magic (later Curb Mobility) from 2007 to 2013, a company that pioneered the e-hailing of taxis. Curb Mobility was sold to Verifone. Mr. Arison has also been an investor in and advisor to several technology companies.

Vance Colarossi

Chief Financial Officer Vance Colarossi has served as the Chief Financial Officer of Grindr since May 2023. Prior to joining Grindr, he was the CFO of Performance Matters, an education technology company, and previously held CFO positions at Goal Zero, a portable power company, and Skullcandy, Inc. (Nasdaq: SKUL), an audio equipment company.

James F. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T. C. T.

AI Analysis | Feedback

```html

Key Risks to Grindr (GRND)

  • Privacy and Data Security Concerns / Regulatory Compliance

    Grindr faces significant and ongoing risks related to user privacy and data security, stemming from a history of inadequate data protection practices. The company has previously been scrutinized for sharing sensitive user data, including HIV status and precise location information, with third-party vendors without explicit user consent. This has led to substantial regulatory actions, such as a proposed €10 million fine from Norway's data protection authority for violations of the General Data Protection Regulation (GDPR). Operating within an increasingly complex and evolving regulatory landscape, Grindr is exposed to potential severe penalties, reputational damage, and restrictions on its services if it fails to comply with data protection and consumer privacy laws. Given that Grindr serves the LGBTQ+ community, the exposure of such sensitive personal data carries heightened risks of prejudice, discrimination, and even physical harm to users in certain regions, severely eroding user trust.

  • Intensifying Competition and User Growth Challenges

    Grindr operates in a highly competitive online dating and social networking market characterized by low barriers to entry. The company faces significant competition from established platforms such as Tinder, Bumble, and HER, as well as emerging niche dating applications. There are concerns regarding the sustainability of Grindr's user growth, with reports indicating a slowdown or even slight decline in Monthly Active Users (MAUs). Aggressive monetization strategies, including the introduction of more advertisements and paywalls, have been cited as factors contributing to user dissatisfaction and potential churn, which can undermine the platform's crucial network effect. To maintain its market position, Grindr must continuously innovate its offerings and differentiate itself from competitors to attract and retain its user base.

  • Dependence on Third-Party Platforms

    Grindr's business model is significantly dependent on major third-party app stores, primarily Apple's App Store and Google Play, for the distribution of its application and the processing of payments. This reliance presents a notable vulnerability. Any changes in the policies, terms of service, or commercial relationships with these dominant platforms could adversely impact Grindr's ability to reach its users and generate revenue. Furthermore, content moderation policies imposed by these app stores can also influence Grindr's operational flexibility and its capacity to effectively serve the unique needs of its LGBTQ+ community.

```

AI Analysis | Feedback

null

AI Analysis | Feedback

Grindr (GRND) primarily offers a location-based social networking and online dating application for LGBTQ+ individuals. Its main products include the free Grindr app, and premium subscription services such as Grindr XTRA and Grindr Unlimited, which provide enhanced features. The company also generates revenue through advertising and partnerships. Grindr is expanding its offerings to include AI personalization features, intent-based products like "Right Now" and "Roam," and exploring the health and wellness sector.

The addressable market sizes for Grindr's main products and services are as follows:

  • Global Online Dating Application Market: The global online dating application market was estimated at USD 8,640.8 million in 2023 and is projected to reach USD 14,415.4 million by 2030, growing at a Compound Annual Growth Rate (CAGR) of 7.6% from 2024 to 2030. Another estimate projects the market size to be USD 9.07 billion in 2024, growing to USD 18.61 billion by 2034, at a CAGR of 7.48% from 2025 to 2034.

  • Global LGBTQ+ Dating App Market: The LGBTQ+ dating app market was valued at USD 935.9 million in 2024. It is expected to grow from USD 1,023 million in 2025 to USD 2,500 million by 2035, at a CAGR of approximately 9.3% during this period. Another projection indicates the global LGBTQ+ Dating App Market is expected to reach a valuation of USD 2.14 billion by 2024 and USD 4.2 billion by 2032, exhibiting a CAGR of 8.82% from 2023 to 2032. North America is identified as a dominant region in this market, with Europe also showing steady expansion and Asia-Pacific experiencing moderate growth.

AI Analysis | Feedback

Here are the expected drivers of future revenue growth for Grindr (GRND) over the next 2-3 years:
  • Price Increases and New Premium Tiers: Grindr plans to drive revenue growth through strategic price adjustments for its existing premium tiers, such as Xtra and Unlimited, with a global rollout anticipated in the first half of 2026. Additionally, the company is introducing a new AI-powered premium tier called "Edge," which has shown strong test results and is targeted as a significant revenue driver for 2027. This strategy aims to increase average revenue per paying user by offering enhanced value.
  • AI-Powered Product Innovation and Enhanced Features: Grindr is transforming into an "AI-native" organization, with AI agents contributing significantly to new code development. This integration is leading to the rollout of new premium AI experiences and features like "For You," "Chat Summaries," and "A-List," which are designed to improve user engagement and drive monetization. The company expects broader monetization from these AI-native products in 2026.
  • Global Monetization and International Market Expansion: Grindr is actively pursuing expanded global monetization strategies, including the worldwide rollout of its AI-powered premium tiers. The company's future growth strategy emphasizes international expansion, with key areas for user growth identified in Latin America and Asia, particularly India. This broader reach will enable Grindr to tap into new user bases and generate revenue from diverse markets.
  • Diversification into New Business Lines: Grindr aims to evolve into a "super app" for the LGBTQ+ community, expanding beyond its core dating and social networking functionalities into new service areas. This includes a focus on health and wellness services, with "Woodwork," a performance medications business, highlighted as a new initiative that could offer potential upside to revenue, although its revenue growth is not yet predictable for 2026. The company is also exploring products for relationships and travel.

AI Analysis | Feedback

Capital Allocation Decisions for Grindr (GRND)

Share Repurchases

  • Grindr announced a 3-year, $400 million expansion of its share repurchase authorization, extending the program through March 2029.
  • In 2025, the company repurchased 25.1 million shares for approximately $450 million against an original $500 million authorization.
  • Approximately $50 million of the original repurchase authority remained and rolled into the new expanded program, resulting in a total repurchase availability of up to $450 million.

Inbound Investments

  • On October 24, 2025, majority shareholders George Raymond Zage III and James Fu Bin Lu submitted a non-binding proposal to acquire all outstanding shares of Grindr not already owned by them for $18.00 per share in a going-private transaction.

Capital Expenditures

  • Grindr's capital expenditures were $4.206 million for the period ending September 30, 2025, marking a 238.38% increase from the same period in the prior year.
  • Annual capital expenditures for Grindr were $5.345 million in 2024 and $4.23 million in 2023.
  • The company focuses its investments on team, platform foundations, ecosystem health, and rapidly growing AI capabilities to drive long-term growth and profitability.

Better Bets vs. Grindr (GRND)

Trade Ideas

Select ideas related to GRND.

Unique KeyDateTickerCompanyCategoryTrade Strategy6M Fwd Rtn12M Fwd Rtn12M Max DD
PANW_3312026_Insider_Buying_GTE_1Mil_EBITp+DE_V203312026PANWPalo Alto NetworksInsiderInsider Buys | Low D/EStrong Insider Buying
Companies with strong insider buying in the last 1 month, positive operating income and reasonable debt / market cap
0.0%0.0%0.0%
ALKT_3312026_Insider_Buying_45D_2Buy_200K03312026ALKTAlkami TechnologyInsiderInsider Buys 45DStrong Insider Buying
Companies with multiple insider buys in the last 45 days
0.0%0.0%0.0%
DBX_3272026_Dip_Buyer_FCFYield03272026DBXDropboxDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
2.6%2.6%0.0%
DLB_3272026_Dip_Buyer_FCFYield03272026DLBDolby LaboratoriesDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
3.5%3.5%0.0%
PTC_3272026_Dip_Buyer_FCFYield03272026PTCPTCDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
3.5%3.5%0.0%
GRND_10102025_Dip_Buyer_High_CFO_Margins_ExInd_DE10102025GRNDGrindrDip BuyDB | CFO/Rev | Low D/EDip Buy with High Cash Flow Margins
Buying dips for companies with significant cash flows from operations and reasonable debt / market cap
1.1%1.1%-17.6%

Recent Active Movers

Peer Comparisons

Peers to compare with:

Financials

GRNDIBMACNCTSHZMTOSTMedian
NameGrindr Internat.AccentureCognizan.Zoom Com.Toast  
Mkt Price13.19253.47197.6561.3088.0229.0874.66
Mkt Cap2.4237.4121.929.426.117.127.7
Rev LTM44067,53672,11021,1084,8696,15313,630
Op Inc LTM12612,49211,3233,3271,1243042,225
FCF LTM13311,45512,4972,5951,9246082,259
FCF 3Y Avg8511,77910,3472,1451,7353361,940
CFO LTM14213,19313,0802,8831,9896612,436
CFO 3Y Avg9113,52310,9292,4461,8443852,145

Growth & Margins

GRNDIBMACNCTSHZMTOSTMedian
NameGrindr Internat.AccentureCognizan.Zoom Com.Toast  
Rev Chg LTM27.6%7.6%7.3%7.0%4.4%24.1%7.4%
Rev Chg 3Y Avg31.2%3.8%4.5%2.8%3.5%31.3%4.2%
Rev Chg Q29.0%12.2%8.3%4.9%5.3%22.0%10.2%
QoQ Delta Rev Chg LTM6.9%3.3%2.0%1.2%1.3%5.0%2.6%
Op Inc Chg LTM36.4%24.0%9.3%9.9%38.2%406.7%30.2%
Op Inc Chg 3Y Avg142.9%15.4%5.5%4.0%69.0%184.3%42.2%
Op Mgn LTM28.7%18.5%15.7%15.8%23.1%4.9%17.1%
Op Mgn 3Y Avg25.6%16.6%15.5%15.4%17.4%-0.4%16.0%
QoQ Delta Op Mgn LTM0.7%0.8%0.0%0.1%0.2%0.7%0.4%
CFO/Rev LTM32.2%19.5%18.1%13.7%40.9%10.7%18.8%
CFO/Rev 3Y Avg24.5%21.2%16.0%12.2%39.3%7.2%18.6%
FCF/Rev LTM30.2%17.0%17.3%12.3%39.5%9.9%17.1%
FCF/Rev 3Y Avg22.8%18.4%15.2%10.7%36.9%6.2%16.8%

Valuation

GRNDIBMACNCTSHZMTOSTMedian
NameGrindr Internat.AccentureCognizan.Zoom Com.Toast  
Mkt Cap2.4237.4121.929.426.117.127.7
P/S5.53.51.71.45.42.83.1
P/Op Inc19.319.010.88.823.256.219.2
P/EBIT17.919.411.48.423.256.218.6
P/E25.722.415.913.213.750.019.2
P/CFO17.218.09.310.213.125.915.2
Total Yield3.9%7.1%9.4%8.1%7.3%2.0%7.2%
Dividend Yield0.0%2.6%3.2%0.5%0.0%0.0%0.3%
FCF Yield 3Y Avg3.4%6.0%5.3%5.6%7.1%1.8%5.4%
D/E0.20.30.10.00.00.00.1
Net D/E0.10.2-0.0-0.0-0.3-0.1-0.0

Returns

GRNDIBMACNCTSHZMTOSTMedian
NameGrindr Internat.AccentureCognizan.Zoom Com.Toast  
1M Rtn5.1%4.8%-0.3%-1.2%14.9%5.9%5.0%
3M Rtn8.6%-16.6%-30.4%-27.3%8.7%-13.2%-14.9%
6M Rtn1.8%-8.9%-15.9%-6.4%10.0%-22.5%-7.6%
12M Rtn-32.6%8.8%-28.2%-10.1%23.1%-15.2%-12.7%
3Y Rtn103.5%122.3%-23.9%7.5%34.0%63.6%48.8%
1M Excs Rtn-1.9%-6.8%-5.4%-5.9%7.6%-3.2%-4.3%
3M Excs Rtn3.6%-17.1%-33.3%-30.0%5.4%-16.5%-16.8%
6M Excs Rtn-3.1%-15.5%-23.2%-14.1%3.9%-28.7%-14.8%
12M Excs Rtn-62.2%-24.1%-61.8%-44.5%-10.5%-48.6%-46.5%
3Y Excs Rtn38.3%44.4%-100.3%-67.2%-43.7%-10.3%-27.0%

Comparison Analyses

null

Financials

Segment Financials

Revenue by Segment
$ Mil202520242023
Single Segment345260195
Total345260195


Operating Income by Segment
$ Mil202520242023
Single Segment9355 
Total9355 


Net Income by Segment
$ Mil202520242023
Single Segment-131-56 
Total-131-56 


Price Behavior

Price Behavior
Market Price$13.19 
Market Cap ($ Bil)2.4 
First Trading Date01/14/2021 
Distance from 52W High-46.7% 
   50 Days200 Days
DMA Price$11.75$14.19
DMA Trenddownindeterminate
Distance from DMA12.3%-7.0%
 3M1YR
Volatility36.9%46.6%
Downside Capture0.350.63
Upside Capture174.8942.48
Correlation (SPY)30.9%17.6%
GRND Betas & Captures as of 3/31/2026

 1M2M3M6M1Y3Y
Beta0.621.170.820.960.640.77
Up Beta1.080.451.130.370.530.56
Down Beta-0.330.340.220.320.530.82
Up Capture264%264%110%110%43%87%
Bmk +ve Days7162765139424
Stock +ve Days12222852111367
Down Capture14%96%106%143%106%94%
Bmk -ve Days12233358110323
Stock -ve Days10203472136361

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with GRND
GRND-30.1%46.6%-0.63-
Sector ETF (XLK)54.6%21.1%1.9618.8%
Equity (SPY)21.1%12.9%1.3217.7%
Gold (GLD)50.9%27.5%1.49-2.0%
Commodities (DBC)25.2%16.2%1.409.5%
Real Estate (VNQ)17.5%13.7%0.938.6%
Bitcoin (BTCUSD)-7.8%42.6%-0.0817.7%

Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 5-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with GRND
GRND5.3%108.6%0.33-
Sector ETF (XLK)17.8%24.7%0.647.4%
Equity (SPY)10.8%17.1%0.498.1%
Gold (GLD)22.6%17.8%1.04-0.4%
Commodities (DBC)11.6%18.8%0.51-0.1%
Real Estate (VNQ)4.4%18.8%0.148.7%
Bitcoin (BTCUSD)5.2%56.5%0.314.1%

Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with GRND
GRND2.1%106.2%0.32-
Sector ETF (XLK)22.9%24.3%0.867.6%
Equity (SPY)14.0%17.9%0.678.3%
Gold (GLD)14.3%15.9%0.75-0.3%
Commodities (DBC)8.5%17.6%0.400.0%
Real Estate (VNQ)5.6%20.7%0.248.7%
Bitcoin (BTCUSD)68.4%66.9%1.074.2%

Smart multi-asset allocation framework can stack odds in your favor. Learn How

Short Interest

Short Interest: As Of Date3312026
Short Interest: Shares Quantity8.2 Mil
Short Interest: % Change Since 315202617.9%
Average Daily Volume1.3 Mil
Days-to-Cover Short Interest6.2 days
Basic Shares Quantity184.8 Mil
Short % of Basic Shares4.4%

Returns Analyses

Earnings Returns History

Expand for More
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
2/26/2026-2.8%-0.7%6.2%
11/6/202511.0%5.8%-1.3%
8/7/2025-12.3%-8.7%-12.4%
5/8/2025-1.8%-3.8%-5.0%
1/23/20258.1%6.1%13.7%
11/7/20241.6%-3.0%4.9%
8/8/20248.5%9.0%10.6%
3/7/20247.3%13.3%22.8%
...
SUMMARY STATS   
# Positive767
# Negative676
Median Positive8.5%11.1%13.7%
Median Negative-4.0%-3.8%-8.7%
Max Positive15.7%16.8%41.8%
Max Negative-12.3%-11.7%-23.1%

SEC Filings

Expand for More
Report DateFiling DateFiling
12/31/202503/02/202610-K
09/30/202511/06/202510-Q
06/30/202508/08/202510-Q
03/31/202505/09/202510-Q
12/31/202403/07/202510-K
09/30/202411/08/202410-Q
06/30/202408/08/202410-Q
03/31/202405/10/202410-Q
12/31/202303/11/202410-K
09/30/202311/14/202310-Q
06/30/202308/14/202310-Q
03/31/202305/15/202310-Q
12/31/202203/17/202310-K
06/30/202210/19/2022S-4/A

Recent Forward Guidance [BETA]

Latest: Q4 2025 Earnings Reported 2/26/2026

Forward GuidanceGuidance Change
MetricLowMidHigh% Chg% DeltaChangePrior
2026 Revenue 528.00 Mil    
2026 Adjusted EBITDA 217.00 Mil 13.0% RaisedGuidance: 192.00 Mil for 2025

Prior: Q3 2025 Earnings Reported 11/6/2025

null

Insider Activity

Expand for More
#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value
Value of
Held Shares
Form
1Zage, George Raymond Iii DirectBuy82520255.2230,000156,60028,135,800Form
2Zage, George Raymond Iii DirectBuy82520255.4330,000162,90029,430,600Form
3Zage, George Raymond Iii DirectBuy82520255.4530,000163,50029,702,500Form
4Zage, George Raymond Iii DirectBuy82520255.5010,00055,00030,030,000Form
5Richardson, NathanDirectSell106202613.661,50020,490195,789Form