vs
Side-by-side financial comparison of Grindr Inc. (GRND) and Repay Holdings Corp (RPAY). Click either name above to swap in a different company.
Grindr Inc. is the larger business by last-quarter revenue ($126.0M vs $78.6M, roughly 1.6× Repay Holdings Corp). Grindr Inc. runs the higher net margin — 16.1% vs -178.3%, a 194.4% gap on every dollar of revenue. On growth, Grindr Inc. posted the faster year-over-year revenue change (29.0% vs 0.4%). Grindr Inc. produced more free cash flow last quarter ($24.5M vs $23.2M). Over the past eight quarters, Grindr Inc.'s revenue compounded faster (29.3% CAGR vs -1.3%).
Grindr is a location-based social networking and online hookup application for LGBTQ people.
Repay Holdings Corp is a leading payment technology provider delivering integrated end-to-end payment processing solutions for businesses across North America. Its offerings include credit/debit card processing, ACH transfer services, POS system integrations and digital payment tools, serving retail, healthcare, automotive and e-commerce segments to help clients streamline transaction workflows and boost operational efficiency.
GRND vs RPAY — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $126.0M | $78.6M |
| Net Profit | $20.3M | $-140.1M |
| Gross Margin | — | 74.2% |
| Operating Margin | 24.9% | -182.2% |
| Net Margin | 16.1% | -178.3% |
| Revenue YoY | 29.0% | 0.4% |
| Net Profit YoY | 116.4% | -3304.1% |
| EPS (diluted) | $0.10 | $-1.68 |
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 | $78.6M | ||
| Q3 25 | $115.8M | $77.7M | ||
| Q2 25 | $104.2M | $75.6M | ||
| Q1 25 | $93.9M | $77.3M | ||
| Q4 24 | $97.6M | $78.3M | ||
| Q3 24 | $89.3M | $79.1M | ||
| Q2 24 | $82.3M | $74.9M | ||
| Q1 24 | $75.3M | $80.7M |
| Q4 25 | $20.3M | $-140.1M | ||
| Q3 25 | $30.8M | $-6.4M | ||
| Q2 25 | $16.6M | $-102.3M | ||
| Q1 25 | $27.0M | $-7.9M | ||
| Q4 24 | $-123.9M | $-4.1M | ||
| Q3 24 | $24.7M | $3.2M | ||
| Q2 24 | $-22.4M | $-4.1M | ||
| Q1 24 | $-9.4M | $-5.2M |
| Q4 25 | — | 74.2% | ||
| Q3 25 | — | 74.4% | ||
| Q2 25 | — | 75.7% | ||
| Q1 25 | — | 75.9% | ||
| Q4 24 | — | 76.3% | ||
| Q3 24 | — | 77.8% | ||
| Q2 24 | — | 78.2% | ||
| Q1 24 | — | 76.2% |
| Q4 25 | 24.9% | -182.2% | ||
| Q3 25 | 39.1% | -3.9% | ||
| Q2 25 | 23.4% | -138.7% | ||
| Q1 25 | 27.0% | -4.7% | ||
| Q4 24 | 20.9% | -1.5% | ||
| Q3 24 | 31.8% | -0.9% | ||
| Q2 24 | 29.8% | -4.6% | ||
| Q1 24 | 25.6% | -3.1% |
| Q4 25 | 16.1% | -178.3% | ||
| Q3 25 | 26.6% | -8.3% | ||
| Q2 25 | 16.0% | -135.2% | ||
| Q1 25 | 28.8% | -10.3% | ||
| Q4 24 | -126.9% | -5.3% | ||
| Q3 24 | 27.6% | 4.1% | ||
| Q2 24 | -27.2% | -5.4% | ||
| Q1 24 | -12.5% | -6.5% |
| Q4 25 | $0.10 | $-1.68 | ||
| Q3 25 | $0.16 | $-0.08 | ||
| Q2 25 | $0.08 | $-1.15 | ||
| Q1 25 | $0.09 | $-0.09 | ||
| Q4 24 | $-0.65 | $-0.04 | ||
| Q3 24 | $0.09 | $0.03 | ||
| Q2 24 | $-0.13 | $-0.04 | ||
| Q1 24 | $-0.05 | $-0.06 |
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 | $115.7M |
| Total DebtLower is stronger | $395.9M | $280.1M |
| Stockholders' EquityBook value | $47.0M | $484.4M |
| Total Assets | $531.0M | $1.2B |
| Debt / EquityLower = less leverage | 8.42× | 0.58× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $87.0M | $115.7M | ||
| Q3 25 | $6.3M | $95.7M | ||
| Q2 25 | $120.8M | $162.6M | ||
| Q1 25 | $255.9M | $165.5M | ||
| Q4 24 | $59.2M | $189.5M | ||
| Q3 24 | $39.1M | $168.7M | ||
| Q2 24 | $16.3M | $147.1M | ||
| Q1 24 | $21.5M | $128.3M |
| Q4 25 | $395.9M | $280.1M | ||
| Q3 25 | $279.9M | $279.5M | ||
| Q2 25 | $283.5M | $279.0M | ||
| Q1 25 | $287.0M | $497.6M | ||
| Q4 24 | $290.6M | $496.8M | ||
| Q3 24 | $294.1M | $496.2M | ||
| Q2 24 | $297.7M | $435.6M | ||
| Q1 24 | $315.0M | $434.9M |
| Q4 25 | $47.0M | $484.4M | ||
| Q3 25 | $71.0M | $616.9M | ||
| Q2 25 | $187.7M | $633.7M | ||
| Q1 25 | $319.8M | $755.7M | ||
| Q4 24 | $-131.6M | $761.3M | ||
| Q3 24 | $-13.4M | $754.7M | ||
| Q2 24 | $-41.7M | $815.4M | ||
| Q1 24 | $-22.0M | $813.8M |
| Q4 25 | $531.0M | $1.2B | ||
| Q3 25 | $439.2M | $1.3B | ||
| Q2 25 | $547.6M | $1.4B | ||
| Q1 25 | $679.4M | $1.5B | ||
| Q4 24 | $479.1M | $1.6B | ||
| Q3 24 | $456.3M | $1.6B | ||
| Q2 24 | $435.0M | $1.5B | ||
| Q1 24 | $437.7M | $1.5B |
| Q4 25 | 8.42× | 0.58× | ||
| Q3 25 | 3.94× | 0.45× | ||
| Q2 25 | 1.51× | 0.44× | ||
| Q1 25 | 0.90× | 0.66× | ||
| Q4 24 | — | 0.65× | ||
| Q3 24 | — | 0.66× | ||
| Q2 24 | — | 0.53× | ||
| Q1 24 | — | 0.53× |
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 | $23.3M |
| Free Cash FlowOCF − Capex | $24.5M | $23.2M |
| FCF MarginFCF / Revenue | 19.5% | 29.6% |
| Capex IntensityCapex / Revenue | 0.2% | 0.1% |
| Cash ConversionOCF / Net Profit | 1.22× | — |
| TTM Free Cash FlowTrailing 4 quarters | $140.8M | $90.7M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $24.8M | $23.3M | ||
| Q3 25 | $55.4M | $32.2M | ||
| Q2 25 | $37.5M | $33.1M | ||
| Q1 25 | $23.8M | $2.5M | ||
| Q4 24 | $29.5M | $34.3M | ||
| Q3 24 | $29.1M | $60.1M | ||
| Q2 24 | $15.8M | $31.0M | ||
| Q1 24 | $20.4M | $24.8M |
| Q4 25 | $24.5M | $23.2M | ||
| Q3 25 | $55.2M | $32.1M | ||
| Q2 25 | $37.3M | $33.0M | ||
| Q1 25 | $23.7M | $2.4M | ||
| Q4 24 | $29.3M | $34.0M | ||
| Q3 24 | $28.8M | $59.8M | ||
| Q2 24 | $15.7M | $30.5M | ||
| Q1 24 | $20.3M | $24.7M |
| Q4 25 | 19.5% | 29.6% | ||
| Q3 25 | 47.7% | 41.3% | ||
| Q2 25 | 35.8% | 43.6% | ||
| Q1 25 | 25.2% | 3.0% | ||
| Q4 24 | 30.0% | 43.5% | ||
| Q3 24 | 32.2% | 75.6% | ||
| Q2 24 | 19.0% | 40.7% | ||
| Q1 24 | 26.9% | 30.6% |
| Q4 25 | 0.2% | 0.1% | ||
| Q3 25 | 0.2% | 0.2% | ||
| Q2 25 | 0.2% | 0.1% | ||
| Q1 25 | 0.1% | 0.2% | ||
| Q4 24 | 0.3% | 0.3% | ||
| Q3 24 | 0.4% | 0.3% | ||
| Q2 24 | 0.2% | 0.6% | ||
| Q1 24 | 0.3% | 0.1% |
| Q4 25 | 1.22× | — | ||
| Q3 25 | 1.80× | — | ||
| Q2 25 | 2.25× | — | ||
| Q1 25 | 0.88× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 1.18× | 18.52× | ||
| 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% |
RPAY
| Sales Channel Directly To Consumer | $69.4M | 88% |
| Other | $6.8M | 9% |
| Sales Channel Through Intermediary | $2.3M | 3% |
