Match Group Inc
For the period ended Dec 31, 2024. Filed Feb 27, 2025.
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FY2024 · Filed Feb 27, 2025
MTCH$39.30+0.7%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statement of Operations
| Years Ended December 31, | |||
|---|---|---|---|
| 2024 | 2023 | 2022 | |
| (In thousands, except per share data) | |||
| Revenue | $3,479,373 | $3,364,504 | $3,188,843 |
| Operating costs and expenses: | |||
| Cost of revenue (exclusive of depreciation shown separately below) | 991,273 | 954,014 | 959,963 |
| Selling and marketing expense | 622,100 | 586,262 | 534,517 |
| General and administrative expense | 438,839 | 413,609 | 435,868 |
| Product development expense | 442,175 | 384,185 | 333,639 |
| Depreciation | 87,499 | 61,807 | 43,594 |
| Impairments and amortization of intangibles | 74,175 | 47,731 | 366,257 |
| Total operating costs and expenses | 2,656,061 | 2,447,608 | 2,673,838 |
| Operating income | 823,312 | 916,896 | 515,005 |
| Interest expense | (160,071) | (159,887) | (145,547) |
| Other income, net | 40,815 | 19,772 | 8,033 |
| Earnings from continuing operations, before tax | 704,056 | 776,781 | 377,491 |
| Income tax provision | (152,743) | (125,309) | (15,361) |
| Net earnings from continuing operations | 551,313 | 651,472 | 362,130 |
| Loss from discontinued operations, net of tax | — | — | (2,211) |
| Net earnings | 551,313 | 651,472 | 359,919 |
| Net (earnings) loss attributable to noncontrolling interests | (37) | 67 | 2,027 |
| Net earnings attributable to Match Group, Inc. shareholders | $551,276 | $651,539 | $361,946 |
| Net earnings per share from continuing operations: | |||
| Basic | $2.12 | $2.36 | $1.29 |
| Diluted | $2.02 | $2.26 | $1.25 |
| Net earnings per share attributable to Match Group, Inc. shareholders: | |||
| Basic | $2.12 | $2.36 | $1.28 |
| Diluted | $2.02 | $2.26 | $1.24 |
| Stock-based compensation expense by function: | |||
| Cost of revenue | $7,015 | $5,934 | $5,903 |
| Selling and marketing expense | 12,620 | 9,730 | 7,608 |
| General and administrative expense | 103,554 | 98,510 | 106,133 |
| Product development expense | 144,192 | 117,925 | 84,236 |
| Total stock-based compensation expense | $267,381 | $232,099 | $203,880 |
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