Match Group — Aug 5, 2025 release

This press release, including the reconciliations of certain non-GAAP measures to their nearest comparable GAAP measures, is also available on that site. Dividend Declaration Match Group's Board of Directors has declared a cash dividend of $0.19 per share of the company's common stock. The dividend is payable on October 17, 2025 to stockholders of record as of October 3, 2025. Financial Outlook For Q3 2025, Match Group expects: • Total Revenue of $910 to $920 million, up 2% to 3% Y/Y. • Adjusted Operating Income of $330 to $335 million, down 3% Y/Y. • Adjusted Operating Income Margin of approximately 36% at the midpoints of the ranges. 2 European Expansion markets include Austria, Denmark, Finland, France, Germany, Italy, Netherlands, Norway, Spain, Sweden, and Switzerland. 3 Financial Results Consolidated Operating Costs and Expenses Three Months Ended June 30, (Dollars in thousands) 2025 % of Revenue 2024 % of Revenue Y/Y Change Cost of revenue $ 241,938  28% $ 244,988  28% (1) % Selling and marketing expense 148,254  17% 154,628  18% (4) % General and administrative expense 136,555  16% 114,304  13% 19  % Product development expense 114,511  13% 113,576  13% 1  % Depreciation 18,061  2% 21,092  2% (14) % Amortization of intangibles 10,498  1% 10,952  1% (4) % Total operating costs and expenses $ 669,817  78% $ 659,540  76% 2  % Liquidity and Capital Resources During the six months ended June 30, 2025, we generated operating cash