Bumble Posts Lower 2Q Revenue as Paying Users Decline
By Grace Yoon
Bumble reported a double-digit decline in second quarter revenue as its number of paying users declined.
The dating app company reported a loss of $127.9 million, or 84 cents a share, compared with a loss of $367 million, or $2.45 a share, a year earlier.
Bumble recorded a $169.3 million impairment charge in the latest quarter, compared to a $404.9 million impairment charge a year earlier.
Revenue decreased 15% to $210.5 million, matching analyst estimates.
Total paying users decreased over 16% to 3.16 million.
Chief Financial Officer Kevin Cook said the company was investing across product, technology and brand to position Bumble for long-term growth.
The company forecast third quarter revenue between $205 million and $213 million. Analysts polled by FactSet are expecting $214.5 million.
The stock was down 6.6% to $2.84 in after-hours trading. The stock closed at $3.04 on Wednesday.
Write to Grace Yoon at grace.yoon@wsj.com
(END) Dow Jones Newswires
August 05, 2026 18:17 ET (22:17 GMT)
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