Tiago Bianchi
Research expert covering internet & gaming in Latin America and Spain
Get in touch with us nowGrindr Inc. annual revenue 2021-2023
In 2023, Grindr Inc. earned around 259.6 million U.S. dollars in revenue worldwide, almost 65 million U.S. dollars more than in the previous year. This represents a growth of around 33.2 percent in the period analyzed. Focused on the LGBTQIA+ community and mostly used by gay and bisexual men, Grindr is the fourth highest-grossing dating app worldwide, registering more than 13.3 million monthly active users (MAU) in the same year.
Grindr’s revenue breakdown
Among Grindr’s diverse revenue streams, most of its earnings came from direct revenues of subscriptions, premium add-on services, and products (SAP). In 2023, the company made 225.28 million U.S. dollars through these segments, earning an additional 34.4 million U.S. dollars in indirect revenues from third parties paying for access to user data. The United States is Grindr's biggest regional market, generating 151.54 million U.S. dollars in revenue, while Europe and other regions contributed to another 100 million U.S. dollars altogether.
User base and global popularity
Grindr's global user base continues to expand, with over 14 million monthly active users reported in the second quarter of 2024, up from 13.1 million in the same quarter of the previous year. The app's global reach is evident in its l downloads trend, being the eleventh-most downloaded dating app worldwide. The United States is also the country where Grindr is most downloaded, with over 16 million downloads, followed by India and Brazil.
