Match Group revenue beats estimates as Hinge payers rise
Match Group beat Q1 revenue estimates behind Hinge growth and AI initiatives. The firm plans to slow hiring to fund its transition into an AI-native company.
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MATCH GROUP INC reported first-quarter revenue of $864 million, beating LSEG estimates of $854.9 million. Hinge payers rose 15% to 2 million, offsetting a 5% decline in total paying users to 13.5 million. Investors are tracking the AI pivot to reverse user fatigue and stabilize Tinder's long-term growth trajectory.
