Match (MTCH) Operating Margin (2009 - 2026)
Match's (MTCH) quarterly Operating Margin came in at 28.77% in Q2 2026, up 632.0% year-over-year from 3.93% in Q2 2025, and up 5.14% quarter-over-quarter from 27.37% in Q1 2026.
Analysis
Match (MTCH) Operating Margin (2009 - 2026) Analysis & Trends
Match has disclosed Operating Margin across 18 years of filings, most recently posting 28.77% for Q2 2026.
- In Q2 2026, Operating Margin rose 632.0% year-over-year to 28.77%; the TTM figure through Jun 2026 stood at 28.15% (up 495.0% YoY), while the FY2025 annual figure was 25.02%, up 136.0% from the prior year.
- Operating Margin came in at 28.77% for Q2 2026 at Match, up from 27.37% 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.
- Average Operating Margin over 5 years is 23.54%, with a median of 25.54% recorded in 2023.
- Year-over-year, Operating Margin plunged 3093 bps in 2022 and soared 2716 bps in 2023.
- Over 5 years, 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 retreated by 11 bps to 28.77% in 2026.
- Per Business Quant data, the three most recent Operating Margin figures were 28.77% in Q2 2026, 27.37% in Q1 2026, and 32.42% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Meta Platforms | 1,696.33 Bn | 1,606.07 Bn | 49.47 Bn | 30.88% |
| 2 | 29.01 Bn | 26.23 Bn | 734.60 Mn | 28.79% | |
| 3 | Bilibili | 12.48 Bn | 10.34 Bn | 433.97 Mn | 4.70% |
| 4 | 10.51 Bn | 9.24 Bn | 922.30 Mn | -4.68% | |
| 5 | Match | 9.93 Bn | 9.35 Bn | 648.84 Mn | 28.77% |
| 6 | Snap | 9.56 Bn | 6.90 Bn | 931.11 Mn | -10.68% |
| 7 | Rum | 5.38 Bn | 5.26 Bn | - | -175.35% |
| 8 | Sound | 4.72 Bn | 4.61 Bn | - | - |
| 9 | Joyy | 4.14 Bn | 3.82 Bn | 201.60 Mn | 2.34% |
| 10 | Grindr | 2.68 Bn | 2.67 Bn | 103.57 Mn | 23.53% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 28.77% |
| 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% |