Match Group — Feb 3, 2026 release

shareholders $ 613,446  Add back: Net income attributable to noncontrolling interests 15  Income tax provision 132,542  Other income, net (21,025) Interest expense 147,551  Stock-based compensation expense 258,202  Depreciation 67,112  Amortization of intangibles 38,548  Adjusted EBITDA $ 1,236,391  Reconciliation of Operating Cash Flow to Free Cash Flow Year Ended December 31, 2025 (In thousands) Net cash provided by operating activities $ 1,080,380  Capital expenditures (56,765) Free Cash Flow $ 1,023,615  8 Reconciliation of Forecasted Net Income to Forecasted Adjusted EBITDA Three Months Ended March 31, 2026 Year Ended December 31, 2026 (In millions) Net income attributable to Match Group, Inc. shareholders $160 to $165 $650 to $670 Add back: Net income attributable to noncontrolling interests 0 0 Income tax provision 38 150 to 160 Other income, net (7) (14) to (17) Interest expense 43 168 to 172 Stock-based compensation expense 61 250 to 260 Depreciation and amortization of intangibles 20 76 to 80 Adjusted EBITDA $315 to $320 $1,280 to $1,325 Revenue $850 to $860 $3,410 to $3,535 Net Income Margin (at the mid-point of the ranges) 19  % 19  % Adjusted EBITDA Margin (at the mid-point of the ranges) 37  % 38  % Reconciliation of Forecasted Operating Cash Flow to Free Cash Flow Year Ended December 31, 2026 (In millions) Net cash provided by operating activities $1,150 to $1,190 Capital expenditures (55 to 65) Free Cash Flow $1,085 to $1,135 Reconciliation of GAAP Revenue to Non-GAAP Revenue, Excluding Foreign Exchange Effects   Three Months Ended December 31, Years Ended December 31,   2025 $ Change % Change 2024 2025 $ Change % Change 2024   (Dollars in millions, rounding differences may occur) Total Revenue, as reported $ 878.0  $ 17.8  2  % $ 860.2  $ 3,487.2  $ 7.8  —  % $ 3,479.4  Foreign exchange effects (19.8) (23.8) Total Revenue, excluding foreign exchange effects $ 858.2  $ (2.0) —  % $ 86