GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Match Group Inc (NAS:MTCH) » Definitions » Gross Profit

Match Group (Match Group) Gross Profit : $2,410 Mil (TTM As of Dec. 2023)


View and export this data going back to 1992. Start your Free Trial

What is Match Group Gross Profit?

Match Group's gross profit for the three months ended in Dec. 2023 was $658 Mil. Match Group's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was $2,410 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Match Group's gross profit for the three months ended in Dec. 2023 was $658 Mil. Match Group's Revenue for the three months ended in Dec. 2023 was $866 Mil. Therefore, Match Group's Gross Margin % for the quarter that ended in Dec. 2023 was 75.97%.

Match Group had a gross margin of 75.97% for the quarter that ended in Dec. 2023 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Match Group was 80.32%. The lowest was 69.90%. And the median was 73.86%.

Warning Sign:

Match Group Inc gross margin has been in long-term decline. The average rate of decline per year is -1.5%.


Match Group Gross Profit Historical Data

The historical data trend for Match Group's Gross Profit can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Match Group Gross Profit Chart

Match Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,524.07 1,755.44 2,143.97 2,228.88 2,410.49

Match Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 550.23 547.11 579.26 626.00 658.12

Competitive Comparison of Match Group's Gross Profit

For the Internet Content & Information subindustry, Match Group's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Match Group's Gross Profit Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Match Group's Gross Profit distribution charts can be found below:

* The bar in red indicates where Match Group's Gross Profit falls into.



Match Group Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Match Group's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as

Gross Profit (A: Dec. 2023 )=Revenue - Cost of Goods Sold
=3364.504 - 954.014
=2,410

Match Group's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=866.228 - 208.112
=658

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $2,410 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Match Group's Gross Margin % for the quarter that ended in Dec. 2023 is calculated as

Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=658 / 866.228
=75.97 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Match Group  (NAS:MTCH) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Match Group had a gross margin of 75.97% for the quarter that ended in Dec. 2023 => Durable competitive advantage


Match Group Gross Profit Related Terms

Thank you for viewing the detailed overview of Match Group's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.


Match Group (Match Group) Business Description

Address
8750 North Central Expressway, Suite 1400, Dallas, TX, USA, 75231
Match Group is a provider of online dating products. The firm became public in 2015 and was more than 80% owned by IAC/InterActiveCorp until IAC spun it off in 2020. The company has a vast portfolio of different online dating service providers, including Tinder, Hinge, BLK, Chispa, Match.com, OkCupid, PlentyOfFish, and Meetic. Match Group has more than 45 brands of online dating sites and/or apps, from which it generates user fee revenue (95%) and advertising revenue (5%).
Executives
Jared F. Sine officer: Chief Legal Officer 8750 NORTH CENTRAL EXPRESSWAY SUITE 1400, DALLAS TX 75231
Glenn Schiffman director 555 WEST 18TH STREET, NEW YORK NY 10011
Ann Mcdaniel director
Bernard Jin Kim director, officer: Chief Executive Officer C/O MATCH GROUP, INC., 8750 N CENTRAL EXPRESSWAY, SUITE 1400, DALLAS TX 75231
Wendi Murdoch director 8750 NORTH CENTRAL EXPRESSWAY, SUITE 1400, DALLAS TX 75231
Joseph Levin director C/O IAC/INTERACTIVECORP, 555 WEST 18TH STREET, NEW YORK NY 10011
Pamela Seymon director 8750 NORTH CENTRAL EXPRESSWAY SUITE 1400, DALLAS TX 75231
Melissa Anne Brenner director 8750 NORTH CENTRAL EXPRESSWAY, SUITE 1400, DALLAS TX 75231
Stephen Bailey director 8750 NORTH CENTRAL EXPRESSWAY, SUITE 1400, DALLAS TX 75231
Ryan Reynolds director 8750 NORTH CENTRAL EXPRESSWAY, SUITE 1400, DALLAS TX 75231
Sharmistha Dubey director, officer: Chief Executive Officer 8750 NORTH CENTRAL EXPRESSWAY SUITE 1400, DALLAS TX 75231
Thomas Mcinerney director ALTABA INC., 140 E 45TH STREET, 15TH FLOOR, SUITE 15A, NEW YORK X1 10017
Alan G Spoon director 1150 15TH ST NW, WASHINGTON DC 20071
Philip D Eigenmann officer: Chief Accounting Officer 8750 NORTH CENTRAL EXPRESSWAY SUITE 1400, DALLAS TX 75231
Gary Swidler officer: COO and CFO 8750 NORTH CENTRAL EXPRESSWAY SUITE 1400, DALLAS TX 75231

Match Group (Match Group) Headlines