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Side-by-side financial comparison of Grindr Inc. (GRND) and Inogen Inc (INGN). Click either name above to swap in a different company.
Grindr Inc. is the larger business by last-quarter revenue ($126.0M vs $68.6M, roughly 1.8× Inogen Inc). On growth, Grindr Inc. posted the faster year-over-year revenue change (29.0% vs 3.4%). Grindr Inc. produced more free cash flow last quarter ($24.5M vs $-1.9M). Over the past eight quarters, Grindr Inc.'s revenue compounded faster (29.3% CAGR vs 4.2%).
Grindr is a location-based social networking and online hookup application for LGBTQ people.
Inogen Inc is a medical technology firm specializing in the development, production and distribution of portable oxygen concentrators and associated respiratory care products. It caters primarily to patients with chronic respiratory conditions needing long-term oxygen therapy across North America, Europe and other global markets, focusing on home care and ambulatory patient segments to enhance users' quality of life.
GRND vs INGN — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $126.0M | $68.6M |
| Net Profit | $20.3M | — |
| Gross Margin | — | 51.4% |
| Operating Margin | 24.9% | -13.6% |
| Net Margin | 16.1% | — |
| Revenue YoY | 29.0% | 3.4% |
| Net Profit YoY | 116.4% | — |
| EPS (diluted) | $0.10 | $-0.26 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $126.0M | $68.6M | ||
| Q3 25 | $115.8M | $79.1M | ||
| Q2 25 | $104.2M | $79.2M | ||
| Q1 25 | $93.9M | $68.5M | ||
| Q4 24 | $97.6M | $66.3M | ||
| Q3 24 | $89.3M | $74.9M | ||
| Q2 24 | $82.3M | $74.4M | ||
| Q1 24 | $75.3M | $63.1M |
| Q4 25 | $20.3M | — | ||
| Q3 25 | $30.8M | $-5.3M | ||
| Q2 25 | $16.6M | $-4.2M | ||
| Q1 25 | $27.0M | $-6.2M | ||
| Q4 24 | $-123.9M | — | ||
| Q3 24 | $24.7M | $-6.0M | ||
| Q2 24 | $-22.4M | $-5.6M | ||
| Q1 24 | $-9.4M | $-14.6M |
| Q4 25 | — | 51.4% | ||
| Q3 25 | — | 52.2% | ||
| Q2 25 | — | 52.2% | ||
| Q1 25 | — | 53.1% | ||
| Q4 24 | — | 54.7% | ||
| Q3 24 | — | 55.2% | ||
| Q2 24 | — | 57.4% | ||
| Q1 24 | — | 54.5% |
| Q4 25 | 24.9% | -13.6% | ||
| Q3 25 | 39.1% | -9.0% | ||
| Q2 25 | 23.4% | -7.7% | ||
| Q1 25 | 27.0% | -11.2% | ||
| Q4 24 | 20.9% | -17.2% | ||
| Q3 24 | 31.8% | -10.4% | ||
| Q2 24 | 29.8% | -9.5% | ||
| Q1 24 | 25.6% | -25.8% |
| Q4 25 | 16.1% | — | ||
| Q3 25 | 26.6% | -6.7% | ||
| Q2 25 | 16.0% | -5.2% | ||
| Q1 25 | 28.8% | -9.0% | ||
| Q4 24 | -126.9% | — | ||
| Q3 24 | 27.6% | -8.0% | ||
| Q2 24 | -27.2% | -7.5% | ||
| Q1 24 | -12.5% | -23.1% |
| Q4 25 | $0.10 | $-0.26 | ||
| Q3 25 | $0.16 | $-0.20 | ||
| Q2 25 | $0.08 | $-0.15 | ||
| Q1 25 | $0.09 | $-0.25 | ||
| Q4 24 | $-0.65 | $-0.41 | ||
| Q3 24 | $0.09 | $-0.25 | ||
| Q2 24 | $-0.13 | $-0.24 | ||
| Q1 24 | $-0.05 | $-0.62 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $87.0M | $103.7M |
| Total DebtLower is stronger | $395.9M | — |
| Stockholders' EquityBook value | $47.0M | $192.2M |
| Total Assets | $531.0M | $298.6M |
| Debt / EquityLower = less leverage | 8.42× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $87.0M | $103.7M | ||
| Q3 25 | $6.3M | $106.5M | ||
| Q2 25 | $120.8M | $103.7M | ||
| Q1 25 | $255.9M | $118.9M | ||
| Q4 24 | $59.2M | $113.8M | ||
| Q3 24 | $39.1M | $105.7M | ||
| Q2 24 | $16.3M | $97.9M | ||
| Q1 24 | $21.5M | $107.4M |
| Q4 25 | $395.9M | — | ||
| Q3 25 | $279.9M | — | ||
| Q2 25 | $283.5M | — | ||
| Q1 25 | $287.0M | — | ||
| Q4 24 | $290.6M | — | ||
| Q3 24 | $294.1M | — | ||
| Q2 24 | $297.7M | — | ||
| Q1 24 | $315.0M | — |
| Q4 25 | $47.0M | $192.2M | ||
| Q3 25 | $71.0M | $197.2M | ||
| Q2 25 | $187.7M | $199.5M | ||
| Q1 25 | $319.8M | $198.0M | ||
| Q4 24 | $-131.6M | $173.9M | ||
| Q3 24 | $-13.4M | $185.4M | ||
| Q2 24 | $-41.7M | $187.6M | ||
| Q1 24 | $-22.0M | $191.9M |
| Q4 25 | $531.0M | $298.6M | ||
| Q3 25 | $439.2M | $307.0M | ||
| Q2 25 | $547.6M | $312.0M | ||
| Q1 25 | $679.4M | $308.4M | ||
| Q4 24 | $479.1M | $296.2M | ||
| Q3 24 | $456.3M | $306.2M | ||
| Q2 24 | $435.0M | $308.9M | ||
| Q1 24 | $437.7M | $315.6M |
| Q4 25 | 8.42× | — | ||
| Q3 25 | 3.94× | — | ||
| Q2 25 | 1.51× | — | ||
| Q1 25 | 0.90× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $24.8M | $-943.0K |
| Free Cash FlowOCF − Capex | $24.5M | $-1.9M |
| FCF MarginFCF / Revenue | 19.5% | -2.8% |
| Capex IntensityCapex / Revenue | 0.2% | 1.4% |
| Cash ConversionOCF / Net Profit | 1.22× | — |
| TTM Free Cash FlowTrailing 4 quarters | $140.8M | $-13.7M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $24.8M | $-943.0K | ||
| Q3 25 | $55.4M | $2.2M | ||
| Q2 25 | $37.5M | $4.3M | ||
| Q1 25 | $23.8M | $-16.8M | ||
| Q4 24 | $29.5M | $-3.0M | ||
| Q3 24 | $29.1M | $7.0M | ||
| Q2 24 | $15.8M | $6.7M | ||
| Q1 24 | $20.4M | $-4.7M |
| Q4 25 | $24.5M | $-1.9M | ||
| Q3 25 | $55.2M | $1.6M | ||
| Q2 25 | $37.3M | $3.7M | ||
| Q1 25 | $23.7M | $-17.1M | ||
| Q4 24 | $29.3M | $-3.3M | ||
| Q3 24 | $28.8M | $5.3M | ||
| Q2 24 | $15.7M | $6.6M | ||
| Q1 24 | $20.3M | $-6.1M |
| Q4 25 | 19.5% | -2.8% | ||
| Q3 25 | 47.7% | 2.0% | ||
| Q2 25 | 35.8% | 4.6% | ||
| Q1 25 | 25.2% | -24.9% | ||
| Q4 24 | 30.0% | -5.0% | ||
| Q3 24 | 32.2% | 7.1% | ||
| Q2 24 | 19.0% | 8.9% | ||
| Q1 24 | 26.9% | -9.6% |
| Q4 25 | 0.2% | 1.4% | ||
| Q3 25 | 0.2% | 0.7% | ||
| Q2 25 | 0.2% | 0.9% | ||
| Q1 25 | 0.1% | 0.4% | ||
| Q4 24 | 0.3% | 0.5% | ||
| Q3 24 | 0.4% | 2.2% | ||
| Q2 24 | 0.2% | 0.1% | ||
| Q1 24 | 0.3% | 2.1% |
| Q4 25 | 1.22× | — | ||
| Q3 25 | 1.80× | — | ||
| Q2 25 | 2.25× | — | ||
| Q1 25 | 0.88× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 1.18× | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
GRND
| License And Service | $102.9M | 82% |
| Advertising | $23.1M | 18% |
INGN
| Other | $36.1M | 53% |
| Non Us | $32.5M | 47% |
