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CONSOLIDATED STATEMENT OF OPERATIONS (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Revenue $ 863,738 $ 864,066 $ 1,694,916 $ 1,723,713
Operating costs and expenses:        
Cost of revenue (exclusive of depreciation shown separately below) 241,938 244,988 478,846 501,730
Selling and marketing expense 148,254 154,628 305,350 319,929
General and administrative expense 136,555 114,304 248,075 220,545
Product development expense 114,511 113,576 235,365 229,313
Depreciation 18,061 21,092 39,790 41,613
Amortization of intangibles 10,498 10,952 20,976 21,319
Total operating costs and expenses 669,817 659,540 1,328,402 1,334,449
Operating income 193,921 204,526 366,514 389,264
Interest expense (32,160) (40,038) (67,416) (80,391)
Other (expense) income, net (4,056) 10,525 (1,440) 19,999
Earnings before income taxes 157,705 175,013 297,658 328,872
Income tax provision (32,227) (41,693) (54,609) (72,318)
Net earnings 125,478 133,320 243,049 256,554
Net earnings attributable to noncontrolling interests 0 (6) (1) (42)
Net earnings attributable to Match Group, Inc. shareholders $ 125,478 $ 133,314 $ 243,048 $ 256,512
Net earnings per share attributable to Match Group, Inc. shareholders:        
Basic (USD per share) $ 0.51 $ 0.50 $ 0.98 $ 0.96
Diluted (USD per share) $ 0.49 $ 0.48 $ 0.93 $ 0.93
Stock-based compensation expense by function:        
Stock-based compensation expense $ 67,467 $ 69,867 $ 137,861 $ 133,687
Cost of revenue        
Stock-based compensation expense by function:        
Stock-based compensation expense 1,715 1,809 3,550 3,520
Selling and marketing expense        
Stock-based compensation expense by function:        
Stock-based compensation expense 3,124 3,298 5,866 6,136
General and administrative expense        
Stock-based compensation expense by function:        
Stock-based compensation expense 25,736 25,018 52,742 49,229
Product development expense        
Stock-based compensation expense by function:        
Stock-based compensation expense $ 36,892 $ 39,742 $ 75,703 $ 74,802