vs
Side-by-side financial comparison of Grindr Inc. (GRND) and SMITH & WESSON BRANDS, INC. (SWBI). Click either name above to swap in a different company.
Grindr Inc. is the larger business by last-quarter revenue ($126.0M vs $124.7M, roughly 1.0× SMITH & WESSON BRANDS, INC.). Grindr Inc. runs the higher net margin — 16.1% vs 1.5%, a 14.5% gap on every dollar of revenue. On growth, Grindr Inc. posted the faster year-over-year revenue change (29.0% vs -3.9%). Grindr Inc. produced more free cash flow last quarter ($24.5M vs $16.3M). Over the past eight quarters, Grindr Inc.'s revenue compounded faster (29.3% CAGR vs -4.8%).
Grindr is a location-based social networking and online hookup application for LGBTQ people.
Smith & Wesson Brands, Inc. (S&W) is an American firearm manufacturer headquartered in Maryville, Tennessee, United States.
GRND vs SWBI — Head-to-Head
Income Statement — Q4 FY2025 vs Q2 FY2026
| Metric | | |
|---|---|---|
| Revenue | $126.0M | $124.7M |
| Net Profit | $20.3M | $1.9M |
| Gross Margin | — | 24.3% |
| Operating Margin | 24.9% | 3.3% |
| Net Margin | 16.1% | 1.5% |
| Revenue YoY | 29.0% | -3.9% |
| Net Profit YoY | 116.4% | -53.6% |
| EPS (diluted) | $0.10 | $0.04 |
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 | $124.7M | ||
| Q3 25 | $115.8M | $85.1M | ||
| Q2 25 | $104.2M | $140.8M | ||
| Q1 25 | $93.9M | $115.9M | ||
| Q4 24 | $97.6M | $129.7M | ||
| Q3 24 | $89.3M | $88.3M | ||
| Q2 24 | $82.3M | $159.1M | ||
| Q1 24 | $75.3M | $137.5M |
| Q4 25 | $20.3M | $1.9M | ||
| Q3 25 | $30.8M | $-3.4M | ||
| Q2 25 | $16.6M | $8.6M | ||
| Q1 25 | $27.0M | $2.1M | ||
| Q4 24 | $-123.9M | $4.5M | ||
| Q3 24 | $24.7M | $-1.9M | ||
| Q2 24 | $-22.4M | $27.9M | ||
| Q1 24 | $-9.4M | $7.9M |
| Q4 25 | — | 24.3% | ||
| Q3 25 | — | 25.9% | ||
| Q2 25 | — | 28.8% | ||
| Q1 25 | — | 24.1% | ||
| Q4 24 | — | 26.6% | ||
| Q3 24 | — | 27.4% | ||
| Q2 24 | — | 35.5% | ||
| Q1 24 | — | 28.7% |
| Q4 25 | 24.9% | 3.3% | ||
| Q3 25 | 39.1% | -3.5% | ||
| Q2 25 | 23.4% | 9.3% | ||
| Q1 25 | 27.0% | 4.1% | ||
| Q4 24 | 20.9% | 5.8% | ||
| Q3 24 | 31.8% | -1.7% | ||
| Q2 24 | 29.8% | 17.4% | ||
| Q1 24 | 25.6% | 8.2% |
| Q4 25 | 16.1% | 1.5% | ||
| Q3 25 | 26.6% | -4.0% | ||
| Q2 25 | 16.0% | 6.1% | ||
| Q1 25 | 28.8% | 1.8% | ||
| Q4 24 | -126.9% | 3.5% | ||
| Q3 24 | 27.6% | -2.1% | ||
| Q2 24 | -27.2% | 17.5% | ||
| Q1 24 | -12.5% | 5.7% |
| Q4 25 | $0.10 | $0.04 | ||
| Q3 25 | $0.16 | $-0.08 | ||
| Q2 25 | $0.08 | $0.19 | ||
| Q1 25 | $0.09 | $0.05 | ||
| Q4 24 | $-0.65 | $0.10 | ||
| Q3 24 | $0.09 | $-0.04 | ||
| Q2 24 | $-0.13 | $0.60 | ||
| Q1 24 | $-0.05 | $0.17 |
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 | $22.4M |
| Total DebtLower is stronger | $395.9M | — |
| Stockholders' EquityBook value | $47.0M | $363.2M |
| Total Assets | $531.0M | $548.6M |
| Debt / EquityLower = less leverage | 8.42× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $87.0M | $22.4M | ||
| Q3 25 | $6.3M | $18.0M | ||
| Q2 25 | $120.8M | $25.2M | ||
| Q1 25 | $255.9M | $26.7M | ||
| Q4 24 | $59.2M | $39.1M | ||
| Q3 24 | $39.1M | $35.5M | ||
| Q2 24 | $16.3M | $60.8M | ||
| Q1 24 | $21.5M | $47.4M |
| 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 | $363.2M | ||
| Q3 25 | $71.0M | $364.4M | ||
| Q2 25 | $187.7M | $372.5M | ||
| Q1 25 | $319.8M | $366.9M | ||
| Q4 24 | $-131.6M | $371.5M | ||
| Q3 24 | $-13.4M | $380.0M | ||
| Q2 24 | $-41.7M | $399.9M | ||
| Q1 24 | $-22.0M | $376.4M |
| Q4 25 | $531.0M | $548.6M | ||
| Q3 25 | $439.2M | $554.6M | ||
| Q2 25 | $547.6M | $559.6M | ||
| Q1 25 | $679.4M | $578.9M | ||
| Q4 24 | $479.1M | $587.4M | ||
| Q3 24 | $456.3M | $571.3M | ||
| Q2 24 | $435.0M | $577.4M | ||
| Q1 24 | $437.7M | $570.6M |
| 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 | $27.3M |
| Free Cash FlowOCF − Capex | $24.5M | $16.3M |
| FCF MarginFCF / Revenue | 19.5% | 13.1% |
| Capex IntensityCapex / Revenue | 0.2% | 8.8% |
| Cash ConversionOCF / Net Profit | 1.22× | 14.22× |
| TTM Free Cash FlowTrailing 4 quarters | $140.8M | $21.3M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $24.8M | $27.3M | ||
| Q3 25 | $55.4M | $-8.1M | ||
| Q2 25 | $37.5M | $40.8M | ||
| Q1 25 | $23.8M | $-9.8M | ||
| Q4 24 | $29.5M | $-7.4M | ||
| Q3 24 | $29.1M | $-30.8M | ||
| Q2 24 | $15.8M | $43.7M | ||
| Q1 24 | $20.4M | $25.2M |
| Q4 25 | $24.5M | $16.3M | ||
| Q3 25 | $55.2M | $-12.4M | ||
| Q2 25 | $37.3M | $33.5M | ||
| Q1 25 | $23.7M | $-16.1M | ||
| Q4 24 | $29.3M | $-10.7M | ||
| Q3 24 | $28.8M | $-35.5M | ||
| Q2 24 | $15.7M | $38.2M | ||
| Q1 24 | $20.3M | $7.0M |
| Q4 25 | 19.5% | 13.1% | ||
| Q3 25 | 47.7% | -14.6% | ||
| Q2 25 | 35.8% | 23.8% | ||
| Q1 25 | 25.2% | -13.9% | ||
| Q4 24 | 30.0% | -8.3% | ||
| Q3 24 | 32.2% | -40.2% | ||
| Q2 24 | 19.0% | 24.0% | ||
| Q1 24 | 26.9% | 5.1% |
| Q4 25 | 0.2% | 8.8% | ||
| Q3 25 | 0.2% | 5.0% | ||
| Q2 25 | 0.2% | 5.2% | ||
| Q1 25 | 0.1% | 5.4% | ||
| Q4 24 | 0.3% | 2.5% | ||
| Q3 24 | 0.4% | 5.3% | ||
| Q2 24 | 0.2% | 3.5% | ||
| Q1 24 | 0.3% | 13.2% |
| Q4 25 | 1.22× | 14.22× | ||
| Q3 25 | 1.80× | — | ||
| Q2 25 | 2.25× | 4.73× | ||
| Q1 25 | 0.88× | -4.68× | ||
| Q4 24 | — | -1.63× | ||
| Q3 24 | 1.18× | — | ||
| Q2 24 | — | 1.57× | ||
| Q1 24 | — | 3.20× |
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% |
SWBI
Segment breakdown not available.
