Grindr Q3 2026 revenue up 22%, raises forecast, prepares $120/month Edge subscription

Grindr reported revenue of $141.4 million in the third quarter of 2026, up 22% from $115.8 million a year earlier. As Global Dating Insights reports, the company raised its full-year 2026 forecast alongside the results: revenue is now expected to reach $560 million and adjusted EBITDAEBITDAEBITDA is a measure of profit before interest, taxes, depreciation and amortization. It assesses a business's operating efficiency without accounting for its capital structure and taxes. $236 million. Despite the revenue growth, the quarter ended with a net loss of $6.6 million, compared with a profit of $30.8 million a year earlier.

Why the quarter ended in a loss

Adjusted EBITDA for the quarter was $61.7 million, up from $54.8 million a year earlier. According to the source, the main driver of the loss was litigation costs of $32.3 million, including settlementsСеттлментSettlement is the calculation between participants in a payment or gambling chain: transferring money for transactions and settling obligations net of fees within an agreed timeframe. and legal fees. The materials do not specify which proceedings these costs relate to.

Edge subscription: price and limits

Grindr is preparing a global launch of Edge, a premium subscription with AI-powered features, after several months of testing. Early access opens on 10 November, and the full launch is scheduled for 17 November. The subscription costs $120 per month. According to the source, nearly 400,000 people expressed interest within 72 hours of the announcement.

The company plans to limit subscriptions to 1% of its nearly 16 million monthly active users, which would be roughly 160,000 people.

2027 forecast and PurposeMed acquisition

Alongside the report, Grindr issued its first forecast for 2027, expecting revenue of at least $705 million and adjusted EBITDA of at least $275 million. The company also recently acquired PurposeMed, the company behind the HIV prevention service Freddie. The deal was completed on 2 November. According to the source, it will help expand Grindr Health, including access to PrEP.