10-Q · May 6, 2026
Bumble Inc. reported its Q1 2026 results, posting a revenue of $212.4 million, down 14.1% from the previous year, despite an EPS of $0.34, exceeding expectations of $0.26. Key improvements were noted in operating cash…
Earnings analysis · 10-Q
BMBL earnings analysis
Filed November 4, 2026 · Our reading of the company's report
The latest report
The provided filing extract does not include the income statement, segment results, balance sheet, or cash flow statement, so current-quarter revenue, margins, EPS, free cash flow, and year-over-year operating trends…
Read full summary
The provided filing extract does not include the income statement, segment results, balance sheet, or cash flow statement, so current-quarter revenue, margins, EPS, free cash flow, and year-over-year operating trends cannot be assessed. Financial disclosures show increased international exposure at 58.9% of quarterly revenue and $438.2 million of debt, partially hedged by $350.0 million of interest-rate swaps. The dominant development is the proposed merger, which introduces material closing, termination-fee, operating-restriction, and employee-retention risks; no quantitative financial guidance was provided.
Gross and operating margin
How much of each revenue dollar the business keeps.
One point per quarterly or annual filing. Both margins are shares of that report's revenue.
How we read each report
Our analysis across the last few reports.
Our model's reading of each filing, not the share price or the market's reaction. Annual and quarterly reports each occupy one position.
What stood out
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International Revenue Mix Increased
International markets represented 58.9% of consolidated revenue in the three months ended September 30, 2026, up from 56.8% in the prior-year period, indicating greater international exposure.
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Debt Refinanced With Rate Hedging
The company had $438.2 million of debt outstanding under the 2026 Credit Agreement at September 30, 2026. Two interest-rate swaps with a total notional amount of $350.0 million fix the variable-rate element through January 2027.
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Share Repurchases Remained Suspended
No shares were repurchased during the third quarter of 2026, and $50.1 million remained available under the $450.0 million repurchase authorization as of September 30, 2026.
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Disclosure Controls Effective
Management concluded that disclosure controls and procedures were effective at September 30, 2026, and reported no material changes to internal control during the three months ended September 30, 2026.
What to watch
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Merger Approval and Closing Risk
The proposed merger, entered into on October 12, 2026, requires antitrust and other regulatory approvals and may not close by the contractual termination date of July 12, 2027, or at all.
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Potential $29.0M Termination Fee
If the merger agreement is terminated under specified circumstances, Bumble may owe Ithaca a $29.0 million termination fee, in addition to transaction costs and expenses already incurred.
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Merger Limits Strategic Flexibility
The merger agreement includes a no-shop provision and restrictions on operating the business without Ithaca’s consent, which may limit responses to competitive developments and discourage alternative proposals offering more favorable consideration.
Management's outlook
No quantitative revenue or EPS guidance was provided in the filing. The company previously stated it would not issue a Q3 2026 earnings release or hold a conference call following the proposed merger.
Earlier filings 4
10-K · March 16, 2026
Bumble’s 2025 10-K emphasizes product-led strategy anchored in brand, shared infrastructure and expanding AI capabilities while reporting a smaller revenue base versus 2024 and volatile operating results driven by…
10-Q · November 7, 2025
Bumble returned to positive quarterly operating performance in Q3 2025: revenue was $246.2M and diluted EPS was $0.33, reversing a year‑ago operating loss driven by impairment charges. Gross margin expanded to 71.9% and…
10-Q · August 7, 2025
Bumble reported Q2 revenue of $248.23M (three months ended June 30, 2025), down $20.39M (7.6%) versus Q2 2024. The quarter includes a $404.86M impairment that drove an operating loss of $338.34M and diluted EPS of…
This is our reading of a public filing, not the filing itself. Analysis can contain errors; check the source document for full context.