Bumble's Revenue Decline Steepens in Second Quarter

The Tip Desk · October 27, 2026 · 3 min read

Second-quarter revenue fell 15.2% to $210.5 million as paying users dropped 16.4% to 3.2 million, and the company guided third-quarter revenue of $205 million to $213 million.

Bumble Inc. (BMBL) reported second-quarter revenue of $210.5 million, a 15.2% decline from a year earlier and a steeper drop than the 14.1% year-over-year decrease to $212.4 million in the first quarter.

The dating-apps company said Bumble App revenue fell 14.7% to $171.7 million. Badoo App and Other revenue decreased 17.1% to $38.8 million, a larger year-over-year decline than the 12.4% drop to $39.7 million in the first quarter.

Total paying users, excluding Official, advertising and partnerships or affiliates, decreased 16.4% to 3.2 million from 3.8 million a year earlier. That year-over-year decline was milder than the 21.1% drop to 3.2 million in the first quarter. Bumble App paying users were 2.08 million, down from 2.50 million a year earlier. Badoo App and Other paying users were 1.08 million, down from 1.28 million.

Total average revenue per paying user increased 1.2% to $21.96, a slower year-over-year gain than the 8.9% rise to $22.04 in the first quarter. Bumble App ARPPU rose to $27.55 from $26.85 a year earlier. Badoo App and Other ARPPU fell to $11.21 from $11.57.

Net loss was $127.9 million, or 60.7% of revenue, including a $169.3 million impairment charge, compared with a $367.0 million net loss, or 147.8% of revenue, including a $404.9 million impairment charge a year earlier. Adjusted EBITDA was $72.9 million, or 34.6% of revenue, compared with $94.6 million, or 38.1% of revenue, a year earlier. Adjusted EBITDA of $72.9 million was below the $82.6 million, or 38.9% of revenue, reported for the first quarter.

Chief Financial Officer Kevin Cook said the company delivered second-quarter revenue and Adjusted EBITDA at the higher end or above its guidance ranges and is now deliberately investing across product, technology and brand as it prepares to deliver on its innovation roadmap. Founder and Chief Executive Officer Whitney Wolfe Herd said Bumble is completing a platform migration, transforming matching algorithms, giving members new ways to start a conversation, expanding how they meet in real life and building toward new group experiences.

Product development expense was $35.5 million, above $32.5 million a year earlier. Selling and marketing expense was $29.2 million and general and administrative expense was $30.7 million.

Operating cash flow was $53.6 million and free cash flow was $51.1 million, or 70.1% of Adjusted EBITDA, in the three months ended June 30, 2026. Cash and cash equivalents were $154.0 million and total debt was $451.0 million as of June 30, 2026, after an April 2026 refinancing that replaced prior term loans.

Bumble anticipates third-quarter 2026 total revenue of $205 million to $213 million, including Bumble App revenue of $167 million to $173 million, and Adjusted EBITDA of $56 million to $60 million.