Aug. 4 at 10:30 PM
Match Group shares fell sharply in after-hours trading after reporting mixed Q2 2026 results, as weaker-than-expected revenue and disappointing guidance overshadowed an earnings beat. Revenue declined about 1% year over year to
$853 million, missing analyst estimates of roughly
$856.8 million, while adjusted EPS of
$0.70 topped the
$0.65 consensus. Adjusted EBITDA reached
$331.3 million, exceeding expectations with a strong 38.8% margin.
The biggest concern was the company's outlook. Match forecast Q3 revenue of
$885 million to
$895 million, with the midpoint falling below Wall Street's expectation of about
$891.5 million. Management also lowered its outlook for the Everyone Everywhere segment, now expecting revenue to decline in the mid-teens versus its previous forecast for a low-double-digit decline, largely due to the ongoing redesign of the Azar app. Meanwhile, paid users fell 6% year over year to 13.3 million, although revenue per payer increased 6% to
$21.13.
$MTCH