Match

$Match(MTCH.US) +8% post-mkt despite guiding to FLAT FY’26 rev guidance YoY vs +3% YoY exp. and FY’26 EBITDA $1,303M at the midpoint vs $1,350M est.

4Q results beat expectations:

- Revs $878M vs $871M est

- EBITDA $370M vs $341M est

- Adj EPS $.83 vs $.71

FY’26

- SSS flat vs +3% exp

- EBITDA $1,280-$1,325M vs $1,350M est

1Q

- SSS +3% vs +3% est

- EBITDA $315-$320M vs $299M est

In 4Q, Hinge revs came in light ($187M vs $190M est) while Tinder beat ($464 vs $459M est).