Match (MTCH) Operating Margin (2009 - 2026)
Match recorded quarterly Operating Margin of 27.37% in Q1 2026, down 15.6% quarter-over-quarter from 32.42% in Q4 2025, and up 660.0% year-over-year from 3.6% in Q1 2025.
Match's Operating Margin history runs 18 years deep, the most recent figure standing at 27.37% for Q1 2026.
- In Q1 2026, Operating Margin rose 660.0% year-over-year to 27.37%; the TTM figure through Mar 2026 stood at 26.6% (up 310.0% YoY), while the FY2025 annual figure 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.
- A 5-year average of 23.23% and a median of 25.19% in 2023 frame the typical range for Operating Margin.
- Across the five-year window, Operating Margin plunged 3093 bps in 2022 and soared 2716 bps in 2023, its largest moves.
- Match's Operating Margin stood at 13.56% in 2022, then soared by 122 bps to 30.04% in 2023, then slipped by 14 bps to 25.97% in 2024, then increased by 25 bps to 32.42% in 2025, then retreated by 16 bps to 27.37% in 2026.
- According to Business Quant data, Operating Margin over the past three periods registered 27.37%, 32.42%, and 24.21% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,516.07 Bn | 4,300.46 Bn | 102.29 Bn | 36.12% |
| 2 | Meta Platforms | 1,527.96 Bn | 1,446.78 Bn | 46.09 Bn | 40.62% |
| 3 | Spotify Technology | 122.61 Bn | 112.37 Bn | 1.75 Bn | 15.77% |
| 4 | 33.97 Bn | 31.20 Bn | 511.94 Mn | 27.57% | |
| 5 | Nebius | 22.38 Bn | 22.38 Bn | 295.20 Mn | -32.08% |
| 6 | 13.66 Bn | 12.37 Bn | 768.96 Mn | -7.97% | |
| 7 | Kanzhun | 13.03 Bn | 10.93 Bn | 255.62 Bn | 30.14% |
| 8 | Snap | 9.94 Bn | 7.12 Bn | 1.29 Bn | -4.87% |
| 9 | Match | 8.60 Bn | 7.57 Bn | 653.28 Mn | 27.37% |
| 10 | Zillow | 8.57 Bn | 7.79 Bn | 519.00 Mn | 5.08% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Mar 31, 2021 | 28.35% |
| Dec 31, 2020 | 32.63% |
| Sep 30, 2020 | 31.29% |
| Jun 30, 2020 | 35.21% |
| Mar 31, 2020 | 25.22% |
| Dec 31, 2019 | 33.14% |
| Sep 30, 2019 | 32.36% |
| Jun 30, 2019 | 34.40% |
| Mar 31, 2019 | 25.30% |
| Dec 31, 2018 | 12.13% |
| Sep 30, 2018 | 15.65% |
| Jun 30, 2018 | 15.90% |
| Mar 31, 2018 | 9.04% |
| Dec 31, 2017 | 9.93% |
| Sep 30, 2017 | -2.24% |
| Jun 30, 2017 | 9.86% |
| Mar 31, 2017 | 4.87% |
| Dec 31, 2016 | 13.91% |
| Sep 30, 2016 | 11.20% |
| Jun 30, 2016 | -33.87% |
| Mar 31, 2016 | 2.61% |
| Dec 31, 2015 | -0.64% |
| Sep 30, 2015 | 10.39% |
| Jun 30, 2015 | 8.14% |
| Mar 31, 2015 | 4.55% |
| Dec 31, 2014 | 13.29% |
| Sep 30, 2014 | 12.91% |
| Jun 30, 2014 | 12.65% |
| Mar 31, 2014 | 9.69% |
| Dec 31, 2013 | 15.59% |
| Sep 30, 2013 | 16.12% |
| Jun 30, 2013 | 13.35% |
| Mar 31, 2013 | 11.39% |
| Dec 31, 2012 | 11.15% |
| Sep 30, 2012 | 10.92% |
| Jun 30, 2012 | 14.32% |
| Mar 31, 2012 | 9.80% |
| Dec 31, 2011 | 9.29% |
| Sep 30, 2011 | 9.04% |
| Jun 30, 2011 | 12.00% |
| Mar 31, 2011 | 8.11% |
| Dec 31, 2010 | -4.75% |
| Sep 30, 2010 | 9.13% |
| Jun 30, 2010 | 6.25% |
| Mar 31, 2010 | 2.36% |
| Dec 31, 2009 | 112.54% |
| Sep 30, 2009 | 2.12% |
| Jun 30, 2009 | 1.15% |