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Side-by-side financial comparison of Grindr Inc. (GRND) and PagerDuty, Inc. (PD). Click either name above to swap in a different company.
Grindr Inc. is the larger business by last-quarter revenue ($126.0M vs $124.5M, roughly 1.0× PagerDuty, Inc.). PagerDuty, Inc. runs the higher net margin — 129.7% vs 16.1%, a 113.7% gap on every dollar of revenue. On growth, Grindr Inc. posted the faster year-over-year revenue change (29.0% vs 4.7%). Grindr Inc. produced more free cash flow last quarter ($24.5M vs $24.1M). Over the past eight quarters, Grindr Inc.'s revenue compounded faster (29.3% CAGR vs 5.9%).
Grindr is a location-based social networking and online hookup application for LGBTQ people.
PagerDuty, Inc. is an American cloud computing company specializing in a SaaS incident management platform for IT operations departments.
GRND vs PD — Head-to-Head
Income Statement — Q4 FY2025 vs Q3 FY2026
| Metric | | |
|---|---|---|
| Revenue | $126.0M | $124.5M |
| Net Profit | $20.3M | $161.6M |
| Gross Margin | — | 85.3% |
| Operating Margin | 24.9% | 6.5% |
| Net Margin | 16.1% | 129.7% |
| Revenue YoY | 29.0% | 4.7% |
| Net Profit YoY | 116.4% | 2827.7% |
| EPS (diluted) | $0.10 | $1.69 |
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 | $124.5M | ||
| Q3 25 | $115.8M | $123.4M | ||
| Q2 25 | $104.2M | $119.8M | ||
| Q1 25 | $93.9M | $121.4M | ||
| Q4 24 | $97.6M | $118.9M | ||
| Q3 24 | $89.3M | $115.9M | ||
| Q2 24 | $82.3M | $111.2M | ||
| Q1 24 | $75.3M | $111.1M |
| Q4 25 | $20.3M | $161.6M | ||
| Q3 25 | $30.8M | $9.6M | ||
| Q2 25 | $16.6M | $-7.2M | ||
| Q1 25 | $27.0M | $-8.8M | ||
| Q4 24 | $-123.9M | $-5.9M | ||
| Q3 24 | $24.7M | $-10.9M | ||
| Q2 24 | $-22.4M | $-17.1M | ||
| Q1 24 | $-9.4M | $-28.2M |
| Q4 25 | — | 85.3% | ||
| Q3 25 | — | 84.6% | ||
| Q2 25 | — | 84.0% | ||
| Q1 25 | — | 83.6% | ||
| Q4 24 | — | 83.0% | ||
| Q3 24 | — | 82.7% | ||
| Q2 24 | — | 82.6% | ||
| Q1 24 | — | 81.7% |
| Q4 25 | 24.9% | 6.5% | ||
| Q3 25 | 39.1% | 2.9% | ||
| Q2 25 | 23.4% | -8.6% | ||
| Q1 25 | 27.0% | -9.6% | ||
| Q4 24 | 20.9% | -8.7% | ||
| Q3 24 | 31.8% | -13.8% | ||
| Q2 24 | 29.8% | -19.5% | ||
| Q1 24 | 25.6% | -30.1% |
| Q4 25 | 16.1% | 129.7% | ||
| Q3 25 | 26.6% | 7.8% | ||
| Q2 25 | 16.0% | -6.0% | ||
| Q1 25 | 28.8% | -7.2% | ||
| Q4 24 | -126.9% | -5.0% | ||
| Q3 24 | 27.6% | -9.4% | ||
| Q2 24 | -27.2% | -15.4% | ||
| Q1 24 | -12.5% | -25.3% |
| Q4 25 | $0.10 | $1.69 | ||
| Q3 25 | $0.16 | $0.10 | ||
| Q2 25 | $0.08 | $-0.07 | ||
| Q1 25 | $0.09 | $-0.12 | ||
| Q4 24 | $-0.65 | $-0.07 | ||
| Q3 24 | $0.09 | $-0.14 | ||
| Q2 24 | $-0.13 | $-0.26 | ||
| Q1 24 | $-0.05 | $-0.34 |
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 | $547.8M |
| Total DebtLower is stronger | $395.9M | — |
| Stockholders' EquityBook value | $47.0M | $320.5M |
| Total Assets | $531.0M | $1.0B |
| Debt / EquityLower = less leverage | 8.42× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $87.0M | $547.8M | ||
| Q3 25 | $6.3M | $567.9M | ||
| Q2 25 | $120.8M | $597.1M | ||
| Q1 25 | $255.9M | $570.8M | ||
| Q4 24 | $59.2M | $542.2M | ||
| Q3 24 | $39.1M | $599.3M | ||
| Q2 24 | $16.3M | $592.8M | ||
| Q1 24 | $21.5M | $571.2M |
| Q4 25 | $395.9M | — | ||
| Q3 25 | $279.9M | — | ||
| Q2 25 | $283.5M | — | ||
| Q1 25 | $287.0M | $484.5M | ||
| Q4 24 | $290.6M | — | ||
| Q3 24 | $294.1M | — | ||
| Q2 24 | $297.7M | — | ||
| Q1 24 | $315.0M | $489.5M |
| Q4 25 | $47.0M | $320.5M | ||
| Q3 25 | $71.0M | $180.7M | ||
| Q2 25 | $187.7M | $145.7M | ||
| Q1 25 | $319.8M | $129.8M | ||
| Q4 24 | $-131.6M | $111.6M | ||
| Q3 24 | $-13.4M | $164.7M | ||
| Q2 24 | $-41.7M | $174.0M | ||
| Q1 24 | $-22.0M | $171.6M |
| Q4 25 | $531.0M | $1.0B | ||
| Q3 25 | $439.2M | $891.5M | ||
| Q2 25 | $547.6M | $926.8M | ||
| Q1 25 | $679.4M | $927.3M | ||
| Q4 24 | $479.1M | $866.8M | ||
| Q3 24 | $456.3M | $916.0M | ||
| Q2 24 | $435.0M | $924.0M | ||
| Q1 24 | $437.7M | $925.3M |
| Q4 25 | 8.42× | — | ||
| Q3 25 | 3.94× | — | ||
| Q2 25 | 1.51× | — | ||
| Q1 25 | 0.90× | 3.73× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | 2.85× |
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 | $24.8M |
| Free Cash FlowOCF − Capex | $24.5M | $24.1M |
| FCF MarginFCF / Revenue | 19.5% | 19.3% |
| Capex IntensityCapex / Revenue | 0.2% | 0.6% |
| Cash ConversionOCF / Net Profit | 1.22× | 0.15× |
| TTM Free Cash FlowTrailing 4 quarters | $140.8M | $117.6M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $24.8M | $24.8M | ||
| Q3 25 | $55.4M | $34.0M | ||
| Q2 25 | $37.5M | $30.7M | ||
| Q1 25 | $23.8M | $31.4M | ||
| Q4 24 | $29.5M | $22.1M | ||
| Q3 24 | $29.1M | $35.8M | ||
| Q2 24 | $15.8M | $28.6M | ||
| Q1 24 | $20.4M | $22.2M |
| Q4 25 | $24.5M | $24.1M | ||
| Q3 25 | $55.2M | $33.1M | ||
| Q2 25 | $37.3M | $30.2M | ||
| Q1 25 | $23.7M | $30.3M | ||
| Q4 24 | $29.3M | $21.5M | ||
| Q3 24 | $28.8M | $35.1M | ||
| Q2 24 | $15.7M | $28.2M | ||
| Q1 24 | $20.3M | $21.2M |
| Q4 25 | 19.5% | 19.3% | ||
| Q3 25 | 47.7% | 26.8% | ||
| Q2 25 | 35.8% | 25.2% | ||
| Q1 25 | 25.2% | 24.9% | ||
| Q4 24 | 30.0% | 18.1% | ||
| Q3 24 | 32.2% | 30.3% | ||
| Q2 24 | 19.0% | 25.4% | ||
| Q1 24 | 26.9% | 19.1% |
| Q4 25 | 0.2% | 0.6% | ||
| Q3 25 | 0.2% | 0.7% | ||
| Q2 25 | 0.2% | 0.4% | ||
| Q1 25 | 0.1% | 0.9% | ||
| Q4 24 | 0.3% | 0.5% | ||
| Q3 24 | 0.4% | 0.5% | ||
| Q2 24 | 0.2% | 0.4% | ||
| Q1 24 | 0.3% | 0.9% |
| Q4 25 | 1.22× | 0.15× | ||
| Q3 25 | 1.80× | 3.55× | ||
| 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% |
PD
| US | $88.8M | 71% |
| Non Us | $35.7M | 29% |
