BMBL · Bumble Inc.

Bumble Inc. reported first quarter 2026 results that showed a significant improvement in profitability despite a decline in revenue. Total revenue fell 14.1% year-over-year to $212.4 million, driven by a 21.1% decrease in total paying users to 3.2 million. However, the company's deliberate strategy to reset the Bumble member base led to a higher-quality user mix, as evidenced by an 8.9% increase in average revenue per paying user (ARPPU) to $22.04. Net earnings surged 165.4% to $52.6 million, representing a 24.8% margin compared to 8.0% in the prior year. Adjusted EBITDA rose 28.3% to $82.6 million, with margin expanding to 38.9% from 26.1%, reflecting strong operating discipline and a more efficient cost structure. Management highlighted the upcoming launch of a fully reimagined Bumble experience on a rebuilt, AI-enabled platform later this year, which is expected to drive member engagement and growth. For the second quarter of 2026, Bumble guided total revenue in the range of $205 million to $213 million and Adjusted EBITDA between $65 million and $70 million. Additionally, the company completed a refinancing on April 24, 2026, entering into a new $475 million senior secured term loan and a $50 million revolving credit facility, extending debt maturities to 2030. As of March 31, 2026, Bumble held $245.6 million in cash and equivalents against $587.5 million in total debt.