Story perspectives

Grindr Completes $600 Million Share Repurchase, Boosts Guidance

8/31/2026

Summary

Story summary

Grindr completed a $600 million share repurchase, retiring roughly 19.4% of its outstanding shares.
The company reported Q2 2026 revenue of $138 million, a 33% year-over-year increase.
Grindr raised full-year 2026 guidance to about $540 million revenue and $232 million adjusted EBITDA.
Approximately 80% of Grindr’s code is now written by AI, enabling a lean development team.
Grindr is testing an AI-powered EDGE subscription tier priced $350–$375 per month in Canada.

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Story summary

Grindr completed a $600 million share repurchase, retiring roughly 19.4% of its outstanding shares.
The company reported Q2 2026 revenue of $138 million, a 33% year-over-year increase.
Grindr raised full-year 2026 guidance to about $540 million revenue and $232 million adjusted EBITDA.
Approximately 80% of Grindr’s code is now written by AI, enabling a lean development team.
Grindr is testing an AI-powered EDGE subscription tier priced $350–$375 per month in Canada.