Slides
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MG MatchGroup Q2 2026 Supplemental Materials AUGUST 4 , 2026
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2 Q 2 2 0 2 6 | S U P P L E M E N T A L M A T E R I A L S Disclosures and Definitions Non-GAAP Financial Measures This presentation includes certain non-GAAP financial measures in addition to financial measures presented in accordance with U.S. GAAP. These non-GAAP financial measures are in addition to, and not a substitute for or superior to, measures of financial performance prepared in accordance with U.S. GAAP. See pages 19-35 for a reconciliation of the non-GAAP financial measures to their most comparable GAAP measure. Definitions “Tinder” consists of the world-wide activity of the brand Tinder®. “Hinge” consists of the world-wide activity of the brand Hinge®. Everyone Everywhere (“E&E”) consists of the world-wide activity of the brands Match®, Meetic®, OkCupid®, Plenty Of Fish®, PairsTM, Azar®, BLK®, ChispaTM, The League®, Upward®, Salams®, HERTM, and other smaller brands. “Direct Revenue” is revenue that is received directly from end users of our services and includes both subscription and à la carte revenue. “Indirect Revenue” is revenue that is not received directly from end users of our services, a majority of which is advertising revenue. “Payers” are unique users at a brand level in a given month from whom we earned Direct Revenue. When presented as a quarter-to-date or year-to-date value, Payers represents the average of the monthly values for the respective period presented. At a consolidated level and a business unit level to the extent a business unit consists of multiple brands, duplicate Payers may exist when we earn revenue from the same individual at multiple brands in a given month, as we are unable to identify unique individuals across brands in the Match Group portfolio. “Revenue Per Payer” (“RPP”) is the average monthly revenue earned from a Payer and is Direct Revenue for a period divided by the Payers in the period, further divided by the number of months in the period. “Leverage on a gross basis” is calculated as principal debt balance divided by Adjusted EBITDA for the period referenced. “Leverage on a net basis” is calculated as principal debt balance less cash and cash equivalents and short-term investments divided by Adjusted EBITDA for the period referenced.
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February X, 2025 Business Performance Snapshot Q2 2026
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4 Q 2 2 0 2 6 | S U P P L E M E N T A L M A T E R I A L S Q2 2026 Business Performance TOTAL REVENUE Q2 2026 $853M (1)% vs. Q2 2025 DIRECT REVENUE Q2 2026 $840M (1)% vs. Q2 2025 PAYERS RPP Q2 2026 13.3M (6)% vs. Q2 2025 Q2 2026 $21.13 +6% vs. Q2 2025 NET INCOME ADJUSTED EBITDA Q2 2026 $171M +36% vs. Q2 2025 Q2 2026 $331M +14% vs. Q2 2025 20% Margin 39% Margin OPERATING CASH FLOW FREE CASH FLOW YTD Jun 30, 2026 $564M YTD Jun 30, 2026 $527M
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5 Q 2 2 0 2 6 | S U P P L E M E N T A L M A T E R I A L S Note: All data shown on an as reported basis unless otherwise noted. All business units exclude corporate and unallocated costs. 1 As of Q2 2026, E&E results include our Pairs and Azar businesses. Pages 17-18 include a recast of historical combined E&E metrics. N/M = Not meaningful Q2 2026 Business Unit Performance Direct Revenue ($M) Payers (000s) RPP Operating Income ($M) OI Margin % Adj. EBITDA ($M) Adj. EBITDA Margin % $457.5 (1)% Y/Y (2)% FXN 8,518 (5)% Y/Y $17.90 +4% Y/Y $210.9 (3)% Y/Y 45% margin $233.0 (5)% Y/Y 50% margin $203.5 +22% Y/Y +20% FXN 2,049 +17% Y/Y $33.11 +4% Y/Y $63.1 +62% Y/Y 31% margin $79.4 +48% Y/Y 39% margin $178.9 (17)% Y/Y (17)% FXN 2,683 (21)% Y/Y $22.24 +4% Y/Y $21.0 N/M Y/Y 12% margin $54.1 +69% Y/Y 30% margin 1
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Trended Financial Highlights Q2 2026
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7 Q 2 2 0 2 6 | S U P P L E M E N T A L M A T E R I A L S Consolidated Total Revenue In $ Millions Y/Y Growth 0% 2% 2% 4% (1)% Y/Y FXN Growth (1)% 1% (0)% 0% (2)% $864 $914 $878 $864 $853 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26
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8 Q 2 2 0 2 6 | S U P P L E M E N T A L M A T E R I A L S 1 Net Income and Adjusted EBITDA include $14 million of legal settlement costs and $18 million of restructuring costs in Q2’25,$61 million of legal settlement costs, $2 million of restructuring costs in Q3’25, $8 million gain on sale of one of our two buildings in L.A. and $2 million in restructuring costs in Q4’25, and $11 million for the reversal of Canada’s digital services tax in Q1’26. 2 Net Income includes $25 million in impairments of intangible assets at Azar in Q1’26. Net Income ($M) and Margin1,2 Adjusted EBITDA ($M) and Margin1 Consolidated Net Income & Adjusted EBITDA $290 $301 $370 $343 $331 34% 33% 42% 40% 39% Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 Adj. EBITDA Adj. EBITDA Margin $125 $161 $210 $167 $171 15% 18% 24% 19% 20% Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 Net Income Net Income Margin
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9 Q 2 2 0 2 6 | S U P P L E M E N T A L M A T E R I A L S Consolidated Payers & RPP Y/Y Growth (5)% (5)% (5)% (5)% (6)% 5% 7% 7% 10% 6% Payers (M) RPP 14.1 14.5 13.8 13.5 13.3 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 $20.00 $20.58 $20.72 $20.90 $21.13 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26
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10 Q 2 2 0 2 6 | S U P P L E M E N T A L M A T E R I A L S Tinder Trended Performance Adjusted EBITDA ($M) and Margin1Operating Income ($M) and Margin1 Payers (M) & RPP 1 Operating Income and Adjusted EBITDA include $5 million of restructuring costs in Q2’25, and $61 million of legal settlement costs and $0.2 million of restructuring costs in Q3’25. Direct Revenue ($M) $461 $491 $464 $455 $457 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 9.0 9.3 8.8 8.6 8.5 $17.14 $17.66 $17.63 $17.56 $17.90 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 Payers RPP $217 $184 $239 $216 $211 46% 36% 50% 46% 45% Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 OI OI Margin $246 $204 $263 $237 $233 52% 40% 55% 51% 50% Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 Adj. EBITDA Adj. EBITDA Margin
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11 Q 2 2 0 2 6 | S U P P L E M E N T A L M A T E R I A L S Hinge Trended Performance Adjusted EBITDA ($M) and Margin1Operating Income ($M) and Margin1 Payers (M) & RPPDirect Revenue ($M) 1 Operating Income and Adjusted EBITDA include $0.5 million of restructuring costs in Q2’25. $168 $185 $186 $194 $204 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 1.7 1.9 1.9 2.0 2.0 $31.96 $32.87 $32.96 $33.13 $33.11 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 Payers RPP $54 $63 $67 $71 $79 32% 34% 36% 36% 39% Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 Adj. EBITDA Adj. EBITDA Margin $39 $46 $52 $56 $63 23% 25% 28% 29% 31% Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 OI OI Margin
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12 Q 2 2 0 2 6 | S U P P L E M E N T A L M A T E R I A L S 1 As of Q2 2026, E&E results include our Pairs and Azar businesses. Pages 17-18 include a recast of historical E&E metrics. 2 Operating Income and Adjusted EBITDA include $6 million of restructuring costs and $14 million of legal settlement costs in Q2’25, and $0.2 million of restructuring costs in Q3’25. 3 Operating Income includes $25 million in impairments of intangible assets at Azar in Q1’26. E&E Trended Performance1 Adjusted EBITDA ($M) and Margin2Operating Income/(Loss) ($M) and Margin2,3 Payers (M) & RPPDirect Revenue ($M) $217 $221 $210 $199 $179 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 3.4 3.4 3.2 2.9 2.7 $21.40 $21.73 $21.99 $22.59 $22.24 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 Payers RPP $(5) $32 $32 $4 $21 (2%) 14% 15% 2% 12% Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 OI OI Margin $32 $63 $64 $60 $54 15% 28% 30% 30% 30% Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 Adj. EBITDA Adj. EBITDA Margin
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13 Q 2 2 0 2 6 | S U P P L E M E N T A L M A T E R I A L S Quarterly Free Cash Flow ($M) Annual & LTM FCF ($M) and FCF Conversion % Free Cash Flow FCF Conversion % 70% 83% 85% $231M $307M $308M $174M $353M Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 $882M $1,024M $1,141M 2024 2025 LTM Q2'26
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14 Q 2 2 0 2 6 | S U P P L E M E N T A L M A T E R I A L S Annual & LTM Capital Return Capital Returns Quarterly Capital Return % of FCF 85% 95% 70%Diluted Shares2 249 245 241 242 237 1 Note: Diluted shares outstanding is calculated using the methods and assumptions described in our press release; these are different from GAAP dilution, which is calculated based on the treasury stock method. See page 10 of our Q2’26 press release for additional information. 1. On a trade date basis for the respective quarter. 2. Diluted shares outstanding shown as reported at the time of each respective quarter's earnings release. $225M $130M $239M $60M $185M $47M $46M $45M $44M $47M $272M $176M $284M $104M $232M Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 Share Repurchases Dividends $789M $615M $186M $182M $753M $975M $797M 2024 2025 LTM Q2'26 Share Repurchases Dividends
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15 Q 2 2 0 2 6 | S U P P L E M E N T A L M A T E R I A L S 1 Leverage is calculated utilizing the non-GAAP measure Adjusted EBITDA as the denominator. For a reconciliation of the non-GAAP measure for each period presented, see page 35. 2 Reflects debt maturity schedule as of June 30, 2026. Debt Maturity Schedule ($M)2Gross and Net Leverage1 Gross Leverage (TTM) Net Leverage (TTM) 20332027 2028 2029 2030 2031 $450 $500 $500 $350 $575 $500 $500 Exchangeable Notes Senior Notes Revolver Leverage Ratios and Debt Maturity Schedule $700 2032 3.1x 3.2x 2.7x 12/31/2024 12/31/2025 6/30/2026 2.3x 2.4x 2.2x 12/31/2024 12/31/2025 6/30/2026
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Appendix Q2 2026
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17 Q 2 2 0 2 6 | S U P P L E M E N T A L M A T E R I A L S Trended Revenue Metrics 2024 2025 2026 Year Ended December 31, YTD Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 2024 2025 2026 Revenue (in millions, rounding differences may occur) Direct Revenue: Tinder $ 481.5 $ 479.9 $ 503.2 $ 476.0 $ 447.4 $ 461.2 $ 490.6 $ 463.8 $ 454.7 $ 457.5 $ 1,940.6 $ 1,862.9 $ 912.2 Hinge 123.8 133.6 145.4 147.7 152.2 167.5 184.7 186.5 194.5 203.5 550.4 690.9 398.0 Everyone Everywhere 240.1 234.6 230.6 221.7 212.8 216.8 221.4 210.1 198.7 178.9 926.9 861.1 377.6 Total Direct Revenue 845.3 848.1 879.2 845.4 812.4 845.5 896.7 860.3 847.9 839.9 3,418.0 3,414.9 1,687.8 Indirect Revenue 14.3 15.9 16.3 14.8 18.7 18.3 17.6 17.7 16.1 13.2 61.4 72.3 29.2 Match Group $ 859.6 $ 864.1 $ 895.5 $ 860.2 $ 831.2 $ 863.7 $ 914.3 $ 878.0 $ 863.9 $ 853.1 $ 3,479.4 $ 3,487.2 $ 1,717.0 Payers (in thousands) Tinder 9,713 9,634 9,945 9,491 9,107 8,970 9,258 8,769 8,632 8,518 9,696 9,026 8,575 Hinge 1,424 1,484 1,602 1,619 1,697 1,747 1,873 1,886 1,957 2,049 1,532 1,801 2,003 Everyone Everywhere 3,793 3,723 3,667 3,497 3,394 3,376 3,396 3,184 2,932 2,683 3,670 3,338 2,807 Match Group 14,930 14,841 15,214 14,607 14,198 14,093 14,527 13,839 13,521 13,250 14,898 14,165 13,385 RPP Tinder $ 16.52 $ 16.61 $ 16.87 $ 16.72 $ 16.38 $ 17.14 $ 17.66 $ 17.63 $ 17.56 $ 17.90 $ 16.68 $ 17.20 $ 17.73 Hinge $ 28.96 $ 30.01 $ 30.26 $ 30.42 $ 29.90 $ 31.96 $ 32.87 $ 32.96 $ 33.13 $ 33.11 $ 29.94 $ 31.97 $ 33.12 Everyone Everywhere $ 21.10 $ 21.00 $ 20.96 $ 21.13 $ 20.90 $ 21.40 $ 21.73 $ 21.99 $ 22.59 $ 22.24 $ 21.05 $ 21.50 $ 22.42 Match Group $ 18.87 $ 19.05 $ 19.26 $ 19.29 $ 19.07 $ 20.00 $ 20.58 $ 20.72 $ 20.90 $ 21.13 $ 19.12 $ 20.09 $ 21.02
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18 Q 2 2 0 2 6 | S U P P L E M E N T A L M A T E R I A L S Trended Profitability Metrics 2024 2025 2026 Year Ended December 31, YTD Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 2024 2025 2026 Net income attributable to Match Group, Inc. shareholders (in millions) Match Group $ 123.2 $ 133.3 $ 136.5 $ 158.3 $ 117.6 $ 125.5 $ 160.7 $ 209.7 $ 166.8 $ 170.5 $ 551.3 $ 613.4 $ 337.4 Net Income Margin 14 % 15 % 15 % 18 % 14 % 15 % 18 % 24 % 19 % 20 % 16 % 18 % 20 % Operating Income (Loss) (in millions, rounding differences may occur) Tinder $ 210.0 $ 218.5 $ 234.3 $ 226.3 $ 193.3 $ 217.0 $ 183.7 $ 238.6 $ 215.9 $ 210.9 $ 889.2 $ 832.6 $ 426.8 Hinge 18.5 30.2 42.2 30.6 28.6 38.9 46.3 52.4 56.1 63.1 121.5 166.3 119.2 Everyone Everywhere 9.7 14.3 (15.8) 25.6 10.1 (4.7) 32.2 31.8 3.9 21.0 33.7 69.5 24.9 Corporate and Unallocated Costs (53.5) (58.5) (50.1) (59.1) (59.5) (57.3) (41.0) (38.1) (39.5) (49.5) (221.1) (195.9) (89.1) Match Group $ 184.7 $ 204.5 $ 210.7 $ 223.4 $ 172.6 $ 193.9 $ 221.3 $ 284.7 $ 236.4 $ 245.5 $ 823.3 $ 872.5 $ 481.9 Operating Income (Loss) Margin Tinder 43 % 44 % 45 % 46 % 42 % 46 % 36 % 50 % 46 % 45 % 45 % 43 % 46 % Hinge 15 % 23 % 29 % 21 % 19 % 23 % 25 % 28 % 29 % 31 % 22 % 24 % 30 % Everyone Everywhere 4 % 6 % (7) % 11 % 5 % (2) % 14 % 15 % 2 % 12 % 4 % 8 % 6 % Match Group 21 % 24 % 24 % 26 % 21 % 22 % 24 % 32 % 27 % 29 % 24 % 25 % 28 % Adjusted EBITDA (in millions, rounding differences may occur) Tinder $ 239.8 $ 251.7 $ 266.3 $ 259.2 $ 228.5 $ 246.2 $ 203.8 $ 262.9 $ 237.1 $ 233.0 $ 1,017.0 $ 941.4 $ 470.1 Hinge 29.0 42.2 51.4 43.9 42.6 53.8 62.6 67.5 70.5 79.4 166.5 226.5 150.0 Everyone Everywhere 51.6 56.1 59.4 64.1 47.7 32.0 62.7 64.5 60.5 54.1 231.2 206.8 114.6 Corporate and Unallocated Costs (40.9) (43.6) (34.6) (43.2) (43.5) (42.1) (27.7) (24.9) (25.2) (35.2) (162.4) (138.3) (60.4) Match Group $ 279.4 $ 306.4 $ 342.5 $ 323.9 $ 275.2 $ 289.9 $ 301.4 $ 369.8 $ 342.9 $ 331.3 $ 1,252.4 $ 1,236.4 $ 674.2 Adjusted EBITDA Margin Tinder 49 % 51 % 52 % 53 % 49 % 52 % 40 % 55 % 51 % 50 % 51 % 49 % 50 % Hinge 23 % 32 % 35 % 30 % 28 % 32 % 34 % 36 % 36 % 39 % 30 % 33 % 38 % Everyone Everywhere 21 % 24 % 25 % 29 % 22 % 15 % 28 % 30 % 30 % 30 % 25 % 24 % 30 % Match Group 33 % 35 % 38 % 38 % 33 % 34 % 33 % 42 % 40 % 39 % 36 % 35 % 39 %
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19 Q 2 2 0 2 6 | S U P P L E M E N T A L M A T E R I A L S Reconciliation of Net Income to Adjusted EBITDA GAAP to Non-GAAP Reconciliations Three Months Ended March 31, 2024 Tinder Hinge Everyone Everywhere Corporate & unallocated costs Total Match Group (Dollars in thousands) Net income attributable to Match Group, Inc. shareholders $ 123,198 Add back: Net income attributable to redeemable noncontrolling interests 36 Income tax provision 30,625 Other income, net (9,474) Interest expense 40,353 Operating Income (Loss) $ 210,042 $ 18,505 $ 9,654 $ (53,463) $ 184,738 Stock-based compensation expense 20,541 9,915 22,129 11,235 63,820 Depreciation 9,253 535 9,428 1,305 20,521 Amortization of intangibles — — 10,367 — 10,367 Adjusted EBITDA $ 239,836 $ 28,955 $ 51,578 $ (40,923) $ 279,446 Revenue $ 493,110 $ 123,753 $ 242,784 $ — $ 859,647 Net Income Margin 14 % Operating Income Margin 43 % 15 % 4 % NA 21 % Adjusted EBITDA Margin 49 % 23 % 21 % NA 33 %
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20 Q 2 2 0 2 6 | S U P P L E M E N T A L M A T E R I A L S Reconciliation of Net Income to Adjusted EBITDA GAAP to Non-GAAP Reconciliations Three Months Ended June 30, 2024 Tinder Hinge Everyone Everywhere Corporate & unallocated costs Eliminations Total Match Group (Dollars in thousands) Net income attributable to Match Group, Inc. shareholders $ 133,314 Add back: Net income attributable to redeemable noncontrolling interests 6 Income tax provision 41,693 Other income, net (10,525) Interest expense 40,038 Operating Income (Loss) $ 218,530 $ 30,214 $ 14,271 $ (58,489) $ — $ 204,526 Stock-based compensation expense 23,415 11,464 21,378 13,610 — 69,867 Depreciation 9,752 547 9,490 1,303 — 21,092 Amortization of intangibles — — 10,952 — — 10,952 Adjusted EBITDA $ 251,697 $ 42,225 $ 56,091 $ (43,576) $ — $ 306,437 Revenue $ 492,908 $ 133,569 $ 237,595 $ — $ (6) $ 864,066 Net Income Margin 15 % Operating Income Margin 44 % 23 % 6 % NA NA 24 % Adjusted EBITDA Margin 51 % 32 % 24 % NA NA 35 %
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21 Q 2 2 0 2 6 | S U P P L E M E N T A L M A T E R I A L S Reconciliation of Net Income to Adjusted EBITDA GAAP to Non-GAAP Reconciliations Three Months Ended September 30, 2024 Tinder Hinge Everyone Everywhere Corporate & unallocated costs Eliminations Total Match Group (Dollars in thousands) Net income attributable to Match Group, Inc. shareholders $ 136,468 Add back: Net income attributable to redeemable noncontrolling interests 13 Income tax provision 41,159 Other income, net (7,100) Interest expense 40,120 Operating Income (Loss) $ 234,304 $ 42,207 $ (15,785) $ (50,066) $ — $ 210,660 Stock-based compensation expense 22,601 8,599 19,154 14,134 — 64,488 Depreciation 9,420 620 13,949 1,313 — 25,302 Impairments and amortization of intangibles — — 42,090 — — 42,090 Adjusted EBITDA $ 266,325 $ 51,426 $ 59,408 $ (34,619) $ — $ 342,540 Revenue $ 516,778 $ 145,425 $ 233,463 $ — $ (182) $ 895,484 Net Income Margin 15 % Operating Income (Loss) Margin 45 % 29 % (7) % NA NA 24 % Adjusted EBITDA Margin 52 % 35 % 25 % NA NA 38 %
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22 Q 2 2 0 2 6 | S U P P L E M E N T A L M A T E R I A L S Reconciliation of Net Income to Adjusted EBITDA GAAP to Non-GAAP Reconciliations Three Months Ended December 31, 2024 Tinder Hinge Everyone Everywhere Corporate & unallocated costs Eliminations Total Match Group (Dollars in thousands) Net income attributable to Match Group, Inc. shareholders $ 158,296 Add back: Net loss attributable to noncontrolling interests (18) Income tax provision 39,266 Other income, net (13,716) Interest expense 39,560 Operating Income (Loss) $ 226,346 $ 30,556 $ 25,603 $ (59,117) $ — $ 223,388 Stock-based compensation expense 23,584 12,695 18,079 14,848 — 69,206 Depreciation 9,235 621 9,699 1,029 — 20,584 Amortization of intangibles — — 10,766 — — 10,766 Adjusted EBITDA $ 259,165 $ 43,872 $ 64,147 $ (43,240) $ — $ 323,944 Revenue $ 488,341 $ 147,688 $ 224,848 $ — $ (701) $ 860,176 Net Income Margin 18 % Operating Income Margin 46 % 21 % 11 % NA NA 26 % Adjusted EBITDA Margin 53 % 30 % 29 % NA NA 38 %
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23 Q 2 2 0 2 6 | S U P P L E M E N T A L M A T E R I A L S Reconciliation of Net Income to Adjusted EBITDA GAAP to Non-GAAP Reconciliations Three Months Ended March 31, 2025 Tinder Hinge Everyone Everywhere Corporate & unallocated costs Eliminations Total Match Group (Dollars in thousands) Net income attributable to Match Group, Inc. shareholders $ 117,570 Add back: Net income attributable to noncontrolling interests 1 Income tax provision 22,382 Other income, net (2,616) Interest expense 35,256 Operating Income (Loss) $ 193,348 $ 28,625 $ 10,125 $ (59,505) $ — $ 172,593 Stock-based compensation expense 25,315 13,232 17,061 14,786 — 70,394 Depreciation 9,805 718 9,991 1,215 — 21,729 Amortization of intangibles — — 10,478 — — 10,478 Adjusted EBITDA $ 228,468 $ 42,575 $ 47,655 $ (43,504) $ — $ 275,194 Revenue $ 463,416 $ 152,243 $ 216,252 $ — $ (733) $ 831,178 Net Income Margin 14 % Operating Income Margin 42 % 19 % 5 % NA NA 21 % Adjusted EBITDA Margin 49 % 28 % 22 % NA NA 33 %
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24 Q 2 2 0 2 6 | S U P P L E M E N T A L M A T E R I A L S Reconciliation of Net Income to Adjusted EBITDA GAAP to Non-GAAP Reconciliations Three Months Ended June 30, 2025 Tinder Hinge Everyone Everywhere Corporate & unallocated costs Eliminations Total Match Group (Dollars in thousands) Net income attributable to Match Group, Inc. shareholders $ 125,478 Add back: Net income attributable to noncontrolling interests — Income tax provision 32,227 Other expense, net 4,056 Interest expense 32,160 Operating Income (Loss) $ 216,968 $ 38,926 $ (4,659) $ (57,314) $ — $ 193,921 Stock-based compensation expense 23,722 14,044 16,061 13,640 — 67,467 Depreciation 5,524 865 10,123 1,549 — 18,061 Amortization of intangibles — — 10,498 — — 10,498 Adjusted EBITDA $ 246,214 $ 53,835 $ 32,023 $ (42,125) $ — $ 289,947 Revenue $ 476,701 $ 167,505 $ 220,504 $ — $ (972) $ 863,738 Net Income Margin 15 % Operating Income (Loss) Margin 46 % 23 % (2) % NA NA 22 % Adjusted EBITDA Margin 52 % 32 % 15 % NA NA 34 %
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25 Q 2 2 0 2 6 | S U P P L E M E N T A L M A T E R I A L S Reconciliation of Net Income to Adjusted EBITDA GAAP to Non-GAAP Reconciliations Three Months Ended September 30, 2025 Tinder Hinge Everyone Everywhere Corporate & unallocated costs Eliminations Total Match Group (Dollars in thousands) Net income attributable to Match Group, Inc. shareholders $ 160,749 Add back: Net income attributable to noncontrolling interests 7 Income tax provision 32,882 Other income, net (9,328) Interest expense 37,024 Operating Income (Loss) $ 183,743 $ 46,314 $ 32,248 $ (40,971) $ — $ 221,334 Stock-based compensation expense 17,624 15,238 11,288 12,156 — 56,306 Depreciation 2,451 1,071 10,206 1,117 — 14,845 Amortization of intangibles — — 8,921 — — 8,921 Adjusted EBITDA $ 203,818 $ 62,623 $ 62,663 $ (27,698) $ — $ 301,406 Revenue $ 505,344 $ 184,671 $ 225,616 $ — $ (1,356) $ 914,275 Net Income Margin 18 % Operating Income Margin 36 % 25 % 14 % NA NA 24 % Adjusted EBITDA Margin 40 % 34 % 28 % NA NA 33 %
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26 Q 2 2 0 2 6 | S U P P L E M E N T A L M A T E R I A L S Reconciliation of Net Income to Adjusted EBITDA GAAP to Non-GAAP Reconciliations Three Months Ended December 31, 2025 Tinder Hinge Everyone Everywhere Corporate & unallocated costs Eliminations Total Match Group (Dollars in thousands) Net income attributable to Match Group, Inc. shareholders $ 209,649 Add back: Net income attributable to noncontrolling interests 7 Income tax provision 45,051 Other income, net (13,137) Interest expense 43,111 Operating Income (Loss) $ 238,579 $ 52,421 $ 31,810 $ (38,129) $ — $ 284,681 Stock-based compensation expense 22,925 13,765 15,190 12,155 — 64,035 Depreciation 1,347 1,280 8,819 1,031 — 12,477 Amortization of intangibles — — 8,651 — — 8,651 Adjusted EBITDA $ 262,851 $ 67,466 $ 64,470 $ (24,943) $ — $ 369,844 Revenue $ 479,250 $ 186,453 $ 213,887 $ — $ (1,584) $ 878,006 Net Income Margin 24 % Operating Income Margin 50 % 28 % 15 % NA NA 32 % Adjusted EBITDA Margin 55 % 36 % 30 % NA NA 42 %
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27 Q 2 2 0 2 6 | S U P P L E M E N T A L M A T E R I A L S Reconciliation of Net Income to Adjusted EBITDA GAAP to Non-GAAP Reconciliations Three Months Ended March 31, 2026 Tinder Hinge Everyone Everywhere Corporate & unallocated costs Eliminations Total Match Group (Dollars in thousands) Net income attributable to Match Group, Inc. shareholders $ 166,837 Add back: Net income attributable to noncontrolling interests 8 Income tax provision 33,686 Other income, net (6,640) Interest expense 42,525 Operating Income (Loss) $ 215,924 $ 56,112 $ 3,901 $ (39,521) $ — $ 236,416 Stock-based compensation expense 19,576 12,682 13,052 13,257 — 58,567 Depreciation 1,552 1,723 9,768 1,089 — 14,132 Impairment and amortization of intangibles — — 33,767 — — 33,767 Adjusted EBITDA $ 237,052 $ 70,517 $ 60,488 $ (25,175) $ — $ 342,882 Revenue $ 468,638 $ 194,497 $ 202,476 $ — $ (1,677) $ 863,934 Net Income Margin 19 % Operating Income Margin 46 % 29 % 2 % NA NA 27 % Adjusted EBITDA Margin 51 % 36 % 30 % NA NA 40 %
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28 Q 2 2 0 2 6 | S U P P L E M E N T A L M A T E R I A L S Reconciliation of Net Income to Adjusted EBITDA GAAP to Non-GAAP Reconciliations Three Months Ended June 30, 2026 Tinder Hinge Everyone Everywhere Corporate & unallocated costs Eliminations Total Match Group (Dollars in thousands) Net income attributable to Match Group, Inc. shareholders $ 170,546 Add back: Income tax provision 44,102 Other expense, net (11,579) Interest expense 42,381 Operating Income (Loss) $ 210,890 $ 63,094 $ 21,001 $ (49,535) $ — $ 245,450 Stock-based compensation expense 20,432 14,446 13,799 13,344 — 62,021 Depreciation 1,677 1,903 10,763 982 — 15,325 Amortization of intangibles — — 8,531 — — 8,531 Adjusted EBITDA $ 232,999 $ 79,443 $ 54,094 $ (35,209) $ — $ 331,327 Revenue $ 469,413 $ 203,533 $ 181,981 $ — $ (1,822) $ 853,105 Net Income Margin 20 % Operating Income Margin 45 % 31 % 12 % NA NA 29 % Adjusted EBITDA Margin 50 % 39 % 30 % NA NA 39 %
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29 Q 2 2 0 2 6 | S U P P L E M E N T A L M A T E R I A L S Reconciliation of Net Income to Adjusted EBITDA GAAP to Non-GAAP Reconciliations Year Ended December 31, 2024 Tinder Hinge Everyone Everywhere Corporate & unallocated costs Eliminations Total Match Group (Dollars in thousands) Net income attributable to Match Group, Inc. shareholders $ 551,276 Add back: Net income attributable to noncontrolling interests 37 Income tax provision 152,743 Other income, net (40,815) Interest expense 160,071 Operating Income (Loss) $ 889,222 $ 121,482 $ 33,743 $ (221,135) $ — $ 823,312 Stock-based compensation expense 90,141 42,673 80,740 53,827 — 267,381 Depreciation 37,660 2,323 42,566 4,950 — 87,499 Impairments and amortization of intangibles — — 74,175 — — 74,175 Adjusted EBITDA $ 1,017,023 $ 166,478 $ 231,224 $ (162,358) $ — $ 1,252,367 Revenue $ 1,991,137 $ 550,435 $ 938,690 $ — $ (889) $ 3,479,373 Net Income Margin 16 % Operating Income Margin 45 % 22 % 4 % NA NA 24 % Adjusted EBITDA Margin 51 % 30 % 25 % NA NA 36 %
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30 Q 2 2 0 2 6 | S U P P L E M E N T A L M A T E R I A L S Reconciliation of Net Income to Adjusted EBITDA GAAP to Non-GAAP Reconciliations Year Ended December 31, 2025 Tinder Hinge Everyone Everywhere Corporate & unallocated costs Eliminations Total Match Group (Dollars in thousands) Net income attributable to Match Group, Inc. shareholders $ 613,446 Add back: Net income attributable to noncontrolling interests 15 Income tax provision 132,542 Other income, net (21,025) Interest expense 147,551 Operating Income (Loss) $ 832,638 $ 166,286 $ 69,524 $ (195,919) $ — $ 872,529 Stock-based compensation expense 89,586 56,279 59,600 52,737 — 258,202 Depreciation 19,127 3,934 39,139 4,912 — 67,112 Amortization of intangibles — — 38,548 — — 38,548 Adjusted EBITDA $ 941,351 $ 226,499 $ 206,811 $ (138,270) $ — $ 1,236,391 Revenue $ 1,924,711 $ 690,872 $ 876,259 $ — $ (4,645) $ 3,487,197 Net Income Margin 18 % Operating Income Margin 43 % 24 % 8 % NA NA 25 % Adjusted EBITDA Margin 49 % 33 % 24 % NA NA 35 %
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31 Q 2 2 0 2 6 | S U P P L E M E N T A L M A T E R I A L S Reconciliation of Net Income to Adjusted EBITDA GAAP to Non-GAAP Reconciliations Six Months Ended June 30, 2026 Tinder Hinge Everyone Everywhere Corporate & unallocated costs Eliminations Total Match Group (Dollars in thousands) Net income attributable to Match Group, Inc. shareholders $ 337,383 Add back: Net income attributable to noncontrolling interests 8 Income tax provision 77,788 Other income, net (18,219) Interest expense 84,906 Operating Income (Loss) $ 426,814 $ 119,206 $ 24,902 $ (89,056) $ — $ 481,866 Stock-based compensation expense 40,008 27,128 26,851 26,601 — 120,588 Depreciation 3,229 3,626 20,531 2,071 — 29,457 Impairments and amortization of intangibles — — 42,298 — — 42,298 Adjusted EBITDA $ 470,051 $ 149,960 $ 114,582 $ (60,384) $ — $ 674,209 Revenue $ 938,051 $ 398,030 $ 384,457 $ — $ (3,499) $ 1,717,039 Net Income Margin 20 % Operating Income Margin 46 % 30 % 6 % NA NA 28 % Adjusted EBITDA Margin 50 % 38 % 30 % NA NA 39 %
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32 Q 2 2 0 2 6 | S U P P L E M E N T A L M A T E R I A L S Reconciliation of GAAP Revenue to Non-GAAP Revenue, Excluding Foreign Exchange Effects GAAP to Non-GAAP Reconciliations Three Months Ended June 30, 2026 $ Change % Change 2025 (Dollars in millions, rounding differences may occur) Direct Revenue, as reported $ 839.9 $ (5.5) (1)% $ 845.5 Foreign exchange effects (6.5) Direct Revenue, excluding foreign exchange effects $ 833.4 $ (12.0) (1)% $ 845.5 Tinder Direct Revenue, as reported $ 457.5 $ (3.7) (1)% $ 461.2 Foreign exchange effects (6.1) Tinder Direct Revenue, excluding foreign exchange effects $ 451.4 $ (9.8) (2)% $ 461.2 Hinge Direct Revenue, as reported $ 203.5 $ 36.0 22 % $ 167.5 Foreign exchange effects (1.9) Hinge Direct Revenue, excluding foreign exchange effects $ 201.6 $ 34.1 20 % $ 167.5 Everyone Everywhere Direct Revenue, as reported $ 178.9 $ (37.9) (17)% $ 216.8 Foreign exchange effects 1.5 Everyone Everywhere Direct Revenue, excluding foreign exchange effects $ 180.5 $ (36.3) (17)% $ 216.8
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33 Q 2 2 0 2 6 | S U P P L E M E N T A L M A T E R I A L S Reconciliation of GAAP Revenue to Non-GAAP Revenue, Excluding Foreign Exchange Effects GAAP to Non-GAAP Reconciliations Three Months Ended June 30, 2026 $ Change % Change 2025 (Dollars in millions, rounding differences may occur) Total Revenue, as reported $ 853.1 $ (10.6) (1)% $ 863.7 Foreign exchange effects (6.6) Total Revenue, excluding foreign exchange effects $ 846.5 $ (17.2) (2)% $ 863.7 Three Months Ended March 31, 2026 $ Change % Change 2025 (Dollars in millions, rounding differences may occur) Total Revenue, as reported $ 863.9 $ 32.8 4 % $ 831.2 Foreign exchange effects (31.6) Total Revenue, excluding foreign exchange effects $ 832.3 $ 1.1 — % $ 831.2 Three Months Ended December 31, 2025 $ Change % Change 2024 (Dollars in millions, rounding differences may occur) Total Revenue, as reported $ 878.0 $ 17.8 2 % $ 860.2 Foreign exchange effects (19.8) Total Revenue, excluding foreign exchange effects $ 858.2 $ (2.0) — % $ 860.2 Three Months Ended September 30, 2025 $ Change % Change 2024 (Dollars in millions, rounding differences may occur) Total Revenue, as reported $ 914.3 $ 18.8 2 % $ 895.5 Foreign exchange effects (12.2) Total Revenue, excluding foreign exchange effects $ 902.1 $ 6.6 1 % $ 895.5 Three Months Ended June 30, 2025 $ Change % Change 2024 (Dollars in millions, rounding differences may occur) Total Revenue, as reported $ 863.7 $ (0.3) — % $ 864.1 Foreign exchange effects (11.2) Total Revenue, excluding foreign exchange effects $ 852.5 $ (11.5) (1)% $ 864.1
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34 Q 2 2 0 2 6 | S U P P L E M E N T A L M A T E R I A L S Reconciliation of Net Cash Provided by Operating Activities to Free Cash Flow GAAP to Non-GAAP Reconciliations Years Ended December 31, 2024 2025 LTM Q2'26 (Dollars in thousands) Net cash provided by operating activities $ 932,719 $ 1,080,380 $ 1,207,620 Capital expenditures (50,578) (56,765) (66,166) Free cash flow $ 882,141 $ 1,023,615 $ 1,141,454 For the Three Months Ended June 30, 2025 September 30, 2025 December 31, 2025 March 31, 2026 June 30, 2026 (Dollars in thousands) Net cash provided by operating activities $ 243,842 $ 320,641 $ 322,780 $ 194,358 $ 369,841 Capital expenditures (12,870) (13,803) (14,665) (20,384) (17,314) Free cash flow $ 230,972 $ 306,838 $ 308,115 $ 173,974 $ 352,527
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35 Q 2 2 0 2 6 | S U P P L E M E N T A L M A T E R I A L S Reconciliation of Net Income to Adjusted EBITDA used in Leverage Ratios GAAP to Non-GAAP Reconciliations Years Ended December 31, 2024 2025 LTM Q2'26 (Dollars in thousands) Net income attributable to Match Group, Inc. shareholders $ 551,276 $ 613,446 $ 707,781 Add back: Net income attributable to noncontrolling interests 37 15 22 Income tax provision 152,743 132,542 155,721 Other income, net (40,815) (21,025) (40,684) Interest expense 160,071 147,551 165,041 Stock-based compensation expense 267,381 258,202 240,929 Depreciation 87,499 67,112 56,779 Impairments and amortization of intangibles 74,175 38,548 59,870 Adjusted EBITDA $ 1,252,367 $ 1,236,391 $ 1,345,459