Match (MTCH) Operating Margin (2009 - 2026)

Match's (MTCH) quarterly Operating Margin came in at 27.37% in Q1 2026, up 660.0% year-on-year from 3.6% in Q1 2025, and down 15.6% quarter-over-quarter from 32.42% in Q4 2025.

Match (MTCH) Operating Margin (2009 - 2026) Analysis & Trends

Match has disclosed Operating Margin across 18 years of filings, most recently posting 27.37% for Q1 2026.

  • Operating Margin for Q1 2026 came in at 27.37%, up 660.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 26.6% (up 310.0% YoY), and the FY2025 annual result was 25.02%, up 136.0% from the prior year.
  • Operating Margin came in at 27.37% for Q1 2026 at Match, down from 32.42% in the prior quarter.
  • In the past five years, Operating Margin ranged from a high of 32.42% in Q4 2025 to a low of 1.27% in Q2 2022.
  • The 5-year median for Operating Margin is 25.19% (2023), against an average of 23.23%.
  • Across the five-year window, Operating Margin sank 3093 bps in 2022 and surged 2716 bps in 2023, its largest moves.
  • Match's Operating Margin stood at 13.56% in 2022, then surged by 122 bps to 30.04% in 2023, then decreased by 14 bps to 25.97% in 2024, then grew by 25 bps to 32.42% in 2025, then fell by 16 bps to 27.37% in 2026.
  • The last three Operating Margin figures came in at 27.37% (Q1 2026), 32.42% (Q4 2025), and 24.21% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 Nebius 2,430,078.11 Bn 2,430,078.11 Bn 295.20 Mn -32.08%
2 Alphabet 4,448.32 Bn 4,232.70 Bn 102.29 Bn 36.12%
3 Meta Platforms 1,465.06 Bn 1,383.88 Bn 46.09 Bn 40.62%
4 Spotify Technology 113.19 Bn 102.95 Bn 1.75 Bn 15.77%
5 Reddit 33.56 Bn 30.79 Bn 511.94 Mn 27.57%
6 Pinterest 12.93 Bn 11.63 Bn 768.96 Mn -7.97%
7 Kanzhun 12.77 Bn 10.67 Bn 255.62 Bn 30.14%
8 Match 8.28 Bn 7.26 Bn 653.28 Mn 27.37%
9 Snap 7.91 Bn 5.08 Bn 1.29 Bn -4.87%
10 Zillow 7.56 Bn 6.78 Bn 519.00 Mn 5.08%

Historic Data

Download Data
DateValue
Mar 31, 2026 27.37%
Dec 31, 2025 32.42%
Sep 30, 2025 24.21%
Jun 30, 2025 22.45%
Mar 31, 2025 20.76%
Dec 31, 2024 25.97%
Sep 30, 2024 23.52%
Jun 30, 2024 23.67%
Mar 31, 2024 21.49%
Dec 31, 2023 30.04%
Sep 30, 2023 27.63%
Jun 30, 2023 25.89%
Mar 31, 2023 25.19%
Dec 31, 2022 13.56%
Sep 30, 2022 26.02%
Jun 30, 2022 -1.27%
Mar 31, 2022 26.02%
Dec 31, 2021 28.77%
Sep 30, 2021 27.51%
Jun 30, 2021 29.66%