Match Group said Tinder's global daily active users returned to year-over-year growth in September for the first time in three and a half years, while declines in monthly active users and payers narrowed in the third quarter. Tinder's monthly active users fell 6% and payers fell 4%, with foreign-exchange-neutral direct revenue down 2%, and full-year 2026 direct revenue is now expected to decline at a low-single-digit rate. Lower-than-expected user givebacks, now about $25 million versus the $60 million previously anticipated, helped drive the improvement. Hinge revenue rose about 19% in the quarter, and the company kept its target of $1 billion in Hinge revenue in 2027. Match generated $832 million of year-to-date free cash flow and deployed $591 million toward buybacks, dividends and employee-equity settlements, but higher Apple and Google app-store fees are expected to pressure adjusted EBITDA margins in 2027.
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