Grindr Inc. (GRND) intrinsic value & 10-year financials
Grindr Inc. (GRND) has a Graham intrinsic value of $14.28 per share. At $14.09 on Oct 17, 2026, the stock trades 1% below that value. Over the last 6 fiscal years revenue grew 31.8% a year to $439.9M, with an average return on invested capital of 21.6%.
- Graham intrinsic value
- $14.28
- Share price (Oct 17, 2026)
- $14.09
- Price vs Graham value
- 1% below
- Market cap
- $2.8B
- Revenue (FY2025)
- $439.9M
- Revenue growth (6-yr CAGR)
- 31.8%
- ROIC (10-yr avg)
- 21.6%
- Free cash flow (FY2025)
- $140.8M
GRND 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | $439.9M | $94.8M | $0.43 | $140.8M | 28.7% | 43.9% |
| FY2024 | $344.6M | -$131.0M | -$0.74 | $94.0M | 26.9% | 46.6% |
| FY2023 | $259.7M | -$55.8M | -$0.32 | $35.6M | 21.4% | 16.9% |
| FY2022 | $195.0M | $852.0K | $0.01 | $50.2M | 6.7% | 2.9% |
| FY2021 | $145.8M | $23.2M | $0.03 | -$1.4M | -1.2% | -2.1% |
| FY2020 | — | — | — | — | — | — |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
Grindr Inc. revenue growth over the past decade is N/A; insufficient history prevents a reliable 10-year CAGR calculation.
Grindr Inc. has earned high returns on invested capital, averaging 21.6% ROIC over the available history. High ROIC is consistent with a durable franchise, but it is not by itself proof of an economic moat.
Grindr Inc. capital allocation metrics are N/A for the decade; share count and net debt history are incomplete.
Benjamin Graham lens
Under Benjamin Graham's formula using SEC EDGAR fundamentals, Grindr Inc. is modeled at 15.0% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $14.28 per share.