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Side-by-side financial comparison of Match Group (MTCH) and Paycom (PAYC). Click either name above to swap in a different company.

Match Group is the larger business by last-quarter revenue ($878.0M vs $544.3M, roughly 1.6× Paycom). Match Group runs the higher net margin — 23.9% vs 20.9%, a 3.0% gap on every dollar of revenue. On growth, Paycom posted the faster year-over-year revenue change (10.2% vs 2.1%). Match Group produced more free cash flow last quarter ($308.1M vs $122.6M). Over the past eight quarters, Paycom's revenue compounded faster (4.3% CAGR vs 1.1%).

Match Group, Inc. is an American internet and technology company headquartered in Dallas, Texas. It owns and operates the largest global portfolio of popular online dating services including Tinder, Match.com, Meetic, OkCupid, Hinge, Plenty of Fish, Azar, and other dating global brands. The company was owned by IAC until July 2020 when Match Group was spun off as a separate, public company. As of 2019, the company had 9.3 million subscribers, of which 4.6 million were in North America. Japan ...

Paycom Software, Inc., known simply as Paycom, is an online payroll and human resource software provider based in Oklahoma City, Oklahoma with offices throughout the United States. It is attributed with being one of the first fully online payroll providers. Founded in 1998, it reported annual revenue of $2.052 billion for 2025, up from $1.883 billion for 2024.

MTCH vs PAYC — Head-to-Head

Bigger by revenue
MTCH
MTCH
1.6× larger
MTCH
$878.0M
$544.3M
PAYC
Growing faster (revenue YoY)
PAYC
PAYC
+8.1% gap
PAYC
10.2%
2.1%
MTCH
Higher net margin
MTCH
MTCH
3.0% more per $
MTCH
23.9%
20.9%
PAYC
More free cash flow
MTCH
MTCH
$185.5M more FCF
MTCH
$308.1M
$122.6M
PAYC
Faster 2-yr revenue CAGR
PAYC
PAYC
Annualised
PAYC
4.3%
1.1%
MTCH

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
MTCH
MTCH
PAYC
PAYC
Revenue
$878.0M
$544.3M
Net Profit
$209.7M
$113.8M
Gross Margin
74.7%
83.9%
Operating Margin
32.4%
28.9%
Net Margin
23.9%
20.9%
Revenue YoY
2.1%
10.2%
Net Profit YoY
32.5%
0.2%
EPS (diluted)
$0.83
$2.06

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
MTCH
MTCH
PAYC
PAYC
Q4 25
$878.0M
$544.3M
Q3 25
$914.3M
$493.3M
Q2 25
$863.7M
$483.6M
Q1 25
$831.2M
$530.5M
Q4 24
$860.2M
$493.9M
Q3 24
$895.5M
$451.9M
Q2 24
$864.1M
$437.5M
Q1 24
$859.6M
$499.9M
Net Profit
MTCH
MTCH
PAYC
PAYC
Q4 25
$209.7M
$113.8M
Q3 25
$160.8M
$110.7M
Q2 25
$125.5M
$89.5M
Q1 25
$117.6M
$139.4M
Q4 24
$158.3M
$113.6M
Q3 24
$136.5M
$73.3M
Q2 24
$133.3M
$68.0M
Q1 24
$123.2M
$247.2M
Gross Margin
MTCH
MTCH
PAYC
PAYC
Q4 25
74.7%
83.9%
Q3 25
73.0%
82.7%
Q2 25
72.0%
81.9%
Q1 25
71.5%
84.1%
Q4 24
72.5%
83.1%
Q3 24
71.7%
80.5%
Q2 24
71.6%
80.8%
Q1 24
70.1%
84.3%
Operating Margin
MTCH
MTCH
PAYC
PAYC
Q4 25
32.4%
28.9%
Q3 25
24.2%
22.8%
Q2 25
22.5%
23.2%
Q1 25
20.8%
34.9%
Q4 24
26.0%
30.1%
Q3 24
23.5%
23.2%
Q2 24
23.7%
21.7%
Q1 24
21.5%
57.2%
Net Margin
MTCH
MTCH
PAYC
PAYC
Q4 25
23.9%
20.9%
Q3 25
17.6%
22.4%
Q2 25
14.5%
18.5%
Q1 25
14.1%
26.3%
Q4 24
18.4%
23.0%
Q3 24
15.2%
16.2%
Q2 24
15.4%
15.5%
Q1 24
14.3%
49.4%
EPS (diluted)
MTCH
MTCH
PAYC
PAYC
Q4 25
$0.83
$2.06
Q3 25
$0.62
$1.96
Q2 25
$0.49
$1.58
Q1 25
$0.44
$2.48
Q4 24
$0.59
$2.04
Q3 24
$0.51
$1.31
Q2 24
$0.48
$1.20
Q1 24
$0.44
$4.37

Balance Sheet & Financial Strength

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

Metric
MTCH
MTCH
PAYC
PAYC
Cash + ST InvestmentsLiquidity on hand
$1.0B
$370.0M
Total DebtLower is stronger
$3.5B
Stockholders' EquityBook value
$-253.5M
$1.7B
Total Assets
$4.5B
$7.6B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MTCH
MTCH
PAYC
PAYC
Q4 25
$1.0B
$370.0M
Q3 25
$1.1B
$375.0M
Q2 25
$340.4M
$532.2M
Q1 25
$414.2M
$520.8M
Q4 24
$970.7M
$402.0M
Q3 24
$860.9M
$325.8M
Q2 24
$843.6M
$346.5M
Q1 24
$920.9M
$371.3M
Total Debt
MTCH
MTCH
PAYC
PAYC
Q4 25
$3.5B
Q3 25
Q2 25
Q1 25
$3.4B
Q4 24
$3.8B
Q3 24
$3.8B
Q2 24
$3.8B
Q1 24
$3.8B
Stockholders' Equity
MTCH
MTCH
PAYC
PAYC
Q4 25
$-253.5M
$1.7B
Q3 25
$-223.9M
$1.7B
Q2 25
$-230.9M
$1.8B
Q1 25
$-182.7M
$1.7B
Q4 24
$-63.7M
$1.6B
Q3 24
$-88.5M
$1.5B
Q2 24
$-130.2M
$1.4B
Q1 24
$-107.8M
$1.4B
Total Assets
MTCH
MTCH
PAYC
PAYC
Q4 25
$4.5B
$7.6B
Q3 25
$4.5B
$4.2B
Q2 25
$3.9B
$4.0B
Q1 25
$3.9B
$4.6B
Q4 24
$4.5B
$5.9B
Q3 24
$4.4B
$3.5B
Q2 24
$4.4B
$4.3B
Q1 24
$4.4B
$4.7B

Cash Flow & Capital Efficiency

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

Metric
MTCH
MTCH
PAYC
PAYC
Operating Cash FlowLast quarter
$322.8M
$196.1M
Free Cash FlowOCF − Capex
$308.1M
$122.6M
FCF MarginFCF / Revenue
35.1%
22.5%
Capex IntensityCapex / Revenue
1.7%
13.5%
Cash ConversionOCF / Net Profit
1.54×
1.72×
TTM Free Cash FlowTrailing 4 quarters
$1.0B
$408.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MTCH
MTCH
PAYC
PAYC
Q4 25
$322.8M
$196.1M
Q3 25
$320.6M
$177.8M
Q2 25
$243.8M
$122.5M
Q1 25
$193.1M
$182.5M
Q4 24
$254.7M
$160.4M
Q3 24
$264.9M
$92.8M
Q2 24
$129.0M
$132.1M
Q1 24
$284.1M
$148.6M
Free Cash Flow
MTCH
MTCH
PAYC
PAYC
Q4 25
$308.1M
$122.6M
Q3 25
$306.8M
$79.8M
Q2 25
$231.0M
$60.8M
Q1 25
$177.7M
$144.8M
Q4 24
$247.1M
$109.0M
Q3 24
$251.8M
$44.6M
Q2 24
$116.3M
$86.5M
Q1 24
$266.9M
$100.9M
FCF Margin
MTCH
MTCH
PAYC
PAYC
Q4 25
35.1%
22.5%
Q3 25
33.6%
16.2%
Q2 25
26.7%
12.6%
Q1 25
21.4%
27.3%
Q4 24
28.7%
22.1%
Q3 24
28.1%
9.9%
Q2 24
13.5%
19.8%
Q1 24
31.0%
20.2%
Capex Intensity
MTCH
MTCH
PAYC
PAYC
Q4 25
1.7%
13.5%
Q3 25
1.5%
19.9%
Q2 25
1.5%
12.8%
Q1 25
1.9%
7.1%
Q4 24
0.9%
10.4%
Q3 24
1.5%
10.7%
Q2 24
1.5%
10.4%
Q1 24
2.0%
9.5%
Cash Conversion
MTCH
MTCH
PAYC
PAYC
Q4 25
1.54×
1.72×
Q3 25
1.99×
1.61×
Q2 25
1.94×
1.37×
Q1 25
1.64×
1.31×
Q4 24
1.61×
1.41×
Q3 24
1.94×
1.27×
Q2 24
0.97×
1.94×
Q1 24
2.31×
0.60×

Financial Flow Comparison

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

Revenue Breakdown by Segment

MTCH
MTCH

Tinder Segment$479.3M55%
Hinge Segment$186.5M21%
Evergreen And Emerging Segment$148.1M17%
MG Asia Segment$65.8M7%

PAYC
PAYC

Recurring$510.3M94%
Interest On Funds Held For Clients$27.2M5%
Implementation And Other$6.8M1%

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