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Side-by-side financial comparison of Grindr Inc. (GRND) and WD 40 CO (WDFC). Click either name above to swap in a different company.

WD 40 CO is the larger business by last-quarter revenue ($154.4M vs $126.0M, roughly 1.2× Grindr Inc.). Grindr Inc. runs the higher net margin — 16.1% vs 11.3%, a 4.8% gap on every dollar of revenue. On growth, Grindr Inc. posted the faster year-over-year revenue change (29.0% vs 0.6%). Grindr Inc. produced more free cash flow last quarter ($24.5M vs $9.1M). Over the past eight quarters, Grindr Inc.'s revenue compounded faster (29.3% CAGR vs 5.4%).

Grindr is a location-based social networking and online hookup application for LGBTQ people.

WD-40 Company is a global consumer and industrial goods manufacturer best known for its signature multi-purpose lubricant of the same name. Its product portfolio includes cleaners, degreasers, rust removers and specialty lubricants, serving retail, industrial and automotive markets across more than 170 countries and regions worldwide.

GRND vs WDFC — Head-to-Head

Bigger by revenue
WDFC
WDFC
1.2× larger
WDFC
$154.4M
$126.0M
GRND
Growing faster (revenue YoY)
GRND
GRND
+28.4% gap
GRND
29.0%
0.6%
WDFC
Higher net margin
GRND
GRND
4.8% more per $
GRND
16.1%
11.3%
WDFC
More free cash flow
GRND
GRND
$15.5M more FCF
GRND
$24.5M
$9.1M
WDFC
Faster 2-yr revenue CAGR
GRND
GRND
Annualised
GRND
29.3%
5.4%
WDFC

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
GRND
GRND
WDFC
WDFC
Revenue
$126.0M
$154.4M
Net Profit
$20.3M
$17.5M
Gross Margin
56.2%
Operating Margin
24.9%
15.1%
Net Margin
16.1%
11.3%
Revenue YoY
29.0%
0.6%
Net Profit YoY
116.4%
-7.8%
EPS (diluted)
$0.10
$1.28

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.

Revenue
GRND
GRND
WDFC
WDFC
Q4 25
$126.0M
$154.4M
Q3 25
$115.8M
$163.5M
Q2 25
$104.2M
$156.9M
Q1 25
$93.9M
$146.1M
Q4 24
$97.6M
$153.5M
Q3 24
$89.3M
$156.0M
Q2 24
$82.3M
$155.0M
Q1 24
$75.3M
$139.1M
Net Profit
GRND
GRND
WDFC
WDFC
Q4 25
$20.3M
$17.5M
Q3 25
$30.8M
$21.2M
Q2 25
$16.6M
$21.0M
Q1 25
$27.0M
$29.9M
Q4 24
$-123.9M
$18.9M
Q3 24
$24.7M
$16.8M
Q2 24
$-22.4M
$19.8M
Q1 24
$-9.4M
$15.5M
Gross Margin
GRND
GRND
WDFC
WDFC
Q4 25
56.2%
Q3 25
54.7%
Q2 25
56.2%
Q1 25
54.6%
Q4 24
54.8%
Q3 24
54.1%
Q2 24
53.1%
Q1 24
52.4%
Operating Margin
GRND
GRND
WDFC
WDFC
Q4 25
24.9%
15.1%
Q3 25
39.1%
17.1%
Q2 25
23.4%
17.4%
Q1 25
27.0%
15.9%
Q4 24
20.9%
16.4%
Q3 24
31.8%
15.4%
Q2 24
29.8%
17.5%
Q1 24
25.6%
15.1%
Net Margin
GRND
GRND
WDFC
WDFC
Q4 25
16.1%
11.3%
Q3 25
26.6%
13.0%
Q2 25
16.0%
13.4%
Q1 25
28.8%
20.4%
Q4 24
-126.9%
12.3%
Q3 24
27.6%
10.8%
Q2 24
-27.2%
12.8%
Q1 24
-12.5%
11.2%
EPS (diluted)
GRND
GRND
WDFC
WDFC
Q4 25
$0.10
$1.28
Q3 25
$0.16
$1.57
Q2 25
$0.08
$1.54
Q1 25
$0.09
$2.19
Q4 24
$-0.65
$1.39
Q3 24
$0.09
$1.23
Q2 24
$-0.13
$1.46
Q1 24
$-0.05
$1.14

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
GRND
GRND
WDFC
WDFC
Cash + ST InvestmentsLiquidity on hand
$87.0M
$48.6M
Total DebtLower is stronger
$395.9M
$85.7M
Stockholders' EquityBook value
$47.0M
$264.1M
Total Assets
$531.0M
$459.7M
Debt / EquityLower = less leverage
8.42×
0.32×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GRND
GRND
WDFC
WDFC
Q4 25
$87.0M
$48.6M
Q3 25
$6.3M
$58.1M
Q2 25
$120.8M
$51.7M
Q1 25
$255.9M
$53.0M
Q4 24
$59.2M
$54.9M
Q3 24
$39.1M
$46.7M
Q2 24
$16.3M
$45.3M
Q1 24
$21.5M
$55.4M
Total Debt
GRND
GRND
WDFC
WDFC
Q4 25
$395.9M
$85.7M
Q3 25
$279.9M
$86.2M
Q2 25
$283.5M
$85.6M
Q1 25
$287.0M
$84.4M
Q4 24
$290.6M
$84.6M
Q3 24
$294.1M
$86.0M
Q2 24
$297.7M
$85.5M
Q1 24
$315.0M
$85.9M
Stockholders' Equity
GRND
GRND
WDFC
WDFC
Q4 25
$47.0M
$264.1M
Q3 25
$71.0M
$268.2M
Q2 25
$187.7M
$257.1M
Q1 25
$319.8M
$242.1M
Q4 24
$-131.6M
$226.3M
Q3 24
$-13.4M
$230.5M
Q2 24
$-41.7M
$222.2M
Q1 24
$-22.0M
$216.3M
Total Assets
GRND
GRND
WDFC
WDFC
Q4 25
$531.0M
$459.7M
Q3 25
$439.2M
$475.8M
Q2 25
$547.6M
$456.0M
Q1 25
$679.4M
$458.3M
Q4 24
$479.1M
$447.3M
Q3 24
$456.3M
$449.0M
Q2 24
$435.0M
$443.6M
Q1 24
$437.7M
$442.0M
Debt / Equity
GRND
GRND
WDFC
WDFC
Q4 25
8.42×
0.32×
Q3 25
3.94×
0.32×
Q2 25
1.51×
0.33×
Q1 25
0.90×
0.35×
Q4 24
0.37×
Q3 24
0.37×
Q2 24
0.38×
Q1 24
0.40×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
GRND
GRND
WDFC
WDFC
Operating Cash FlowLast quarter
$24.8M
$10.0M
Free Cash FlowOCF − Capex
$24.5M
$9.1M
FCF MarginFCF / Revenue
19.5%
5.9%
Capex IntensityCapex / Revenue
0.2%
0.6%
Cash ConversionOCF / Net Profit
1.22×
0.57×
TTM Free Cash FlowTrailing 4 quarters
$140.8M
$78.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GRND
GRND
WDFC
WDFC
Q4 25
$24.8M
$10.0M
Q3 25
$55.4M
$29.9M
Q2 25
$37.5M
$35.1M
Q1 25
$23.8M
$8.0M
Q4 24
$29.5M
$14.9M
Q3 24
$29.1M
$27.2M
Q2 24
$15.8M
$19.9M
Q1 24
$20.4M
$18.0M
Free Cash Flow
GRND
GRND
WDFC
WDFC
Q4 25
$24.5M
$9.1M
Q3 25
$55.2M
$28.6M
Q2 25
$37.3M
$34.0M
Q1 25
$23.7M
$6.6M
Q4 24
$29.3M
$14.2M
Q3 24
$28.8M
$26.4M
Q2 24
$15.7M
$18.7M
Q1 24
$20.3M
$16.7M
FCF Margin
GRND
GRND
WDFC
WDFC
Q4 25
19.5%
5.9%
Q3 25
47.7%
17.5%
Q2 25
35.8%
21.6%
Q1 25
25.2%
4.5%
Q4 24
30.0%
9.3%
Q3 24
32.2%
16.9%
Q2 24
19.0%
12.0%
Q1 24
26.9%
12.0%
Capex Intensity
GRND
GRND
WDFC
WDFC
Q4 25
0.2%
0.6%
Q3 25
0.2%
0.8%
Q2 25
0.2%
0.7%
Q1 25
0.1%
0.9%
Q4 24
0.3%
0.5%
Q3 24
0.4%
0.5%
Q2 24
0.2%
0.8%
Q1 24
0.3%
0.9%
Cash Conversion
GRND
GRND
WDFC
WDFC
Q4 25
1.22×
0.57×
Q3 25
1.80×
1.41×
Q2 25
2.25×
1.67×
Q1 25
0.88×
0.27×
Q4 24
0.79×
Q3 24
1.18×
1.62×
Q2 24
1.00×
Q1 24
1.16×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

GRND
GRND

License And Service$102.9M82%
Advertising$23.1M18%

WDFC
WDFC

Other$82.6M53%
WD40Multi Use Product$56.0M36%
WD40Specialist$9.0M6%
Other Maintenance Products$4.0M3%
Homecare And Cleaning Products$2.7M2%

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