BMBL

EX-99.1

2 bmbl-ex991prxq12026.htm

EX-99.1

Document

Exhibit 99.1

Bumble Inc. Announces First Quarter 2026 Results

Total Revenue Decreased 14% to $212 Million

Net Earnings Increased 165% to $53 Million Adjusted EBITDA Increased 28% to $83 Million

AUSTIN, Texas, May 5, 2026 -­ Bumble Inc. (NASDAQ: BMBL) today reported financial results for the first quarter ended March 31, 2026.

“Our deliberate steps to reset the Bumble member base have meaningfully improved the health of our ecosystem,” said Whitney Wolfe Herd, Founder & CEO of Bumble Inc. "We’re now focused on activating this higher-quality member base by launching a fully reimagined Bumble experience on our rebuilt, AI-enabled platform later this year. This next chapter will deliver a more intuitive, personalized way to connect and help members move more confidently and quickly to in-person dates.”

First Quarter 2026 Financial and Operational Highlights:

(all comparisons relative to the First Quarter 2025)

•Total Revenue decreased 14.1% to $212.4 million, compared to $247.1 million.

oBumble App Revenue decreased 14.4% to $172.7 million, compared to $201.8 million.

oBadoo App and Other Revenue decreased 12.4% to $39.7 million, compared to $45.3 million.

•Total Paying Users decreased 21.1% to 3.2 million, compared to 4.0 million.

•Total Average Revenue per Paying User ("ARPPU") increased 8.9% to $22.04, compared to $20.24.

•Net earnings increased 165.4% to $52.6 million, or 24.8% of revenue, from net earnings of $19.8 million, or 8.0% of revenue.

•Adjusted EBITDA increased 28.3% to $82.6 million, or 38.9% of revenue, from $64.4 million, or 26.1% of revenue.

Information about Bumble's use of non-GAAP financial measures is provided below under “Non-GAAP Financial Measures.”

“We maintained strong operating discipline in Q1, delivering results in line with our expectations and generating strong cash flow,” said Kevin Cook, CFO of Bumble Inc. “The company’s performance and outlook reflect a more efficient cost structure with continued investment in product and platform capabilities designed to support sustainable growth.”

Key Operating Metrics:

The following metrics were calculated excluding paying users of and revenue generated from Official, advertising and partnerships or affiliates. The Bumble For Friends app was relaunched as BFF in the United States in September 2025. The Company has not sought to generate revenue from the BFF app and therefore it is excluded from our key operating metrics as of March 31, 2026. Please refer to the Definitions section for more information.

(In thousands, except ARPPU)Three Months Ended March 31, 2026Three Months Ended March 31, 2025

Bumble App Paying Users2,082.0 2,708.4

Badoo App and Other Paying Users1,084.3 1,306.3

Total Paying Users3,166.3 4,014.7

Bumble App Average Revenue per Paying User$27.65 $24.84

Badoo App and Other Average Revenue per Paying User$11.26 $10.72

Total Average Revenue per Paying User$22.04 $20.24

Balance Sheet:

As of March 31, 2026, total cash and cash equivalents were $245.6 million and total debt was $587.5 million.

On April 24, 2026, the Company entered into a new $475.0 million senior secured term loan, the proceeds of which, together with cash on hand, were used to repay in full and terminate its prior term loans. In addition, the Company entered into a new $50.0 million senior secured revolving credit facility, which replaced its previous revolving credit facility. The new facilities extended the Company’s debt maturities to 2030.

Financial Outlook:

A reconciliation of Adjusted EBITDA to GAAP net earnings (loss) and Adjusted EBITDA margin growth to GAAP net earnings (loss) margin growth, which is growth in GAAP net earnings (loss) as a percentage of revenue, has not been provided for the outlook included herein, as the quantification of certain items included in the calculation of GAAP net earnings (loss) cannot be calculated or predicted at this time without unreasonable efforts. For example, the non-GAAP adjustment for stock-based compensation expense requires additional inputs such as number of shares granted and market price that are not currently ascertainable, and the non-GAAP adjustment for certain legal, tax and regulatory reserves and expenses depends on the timing and magnitude of these expenses and cannot be accurately forecasted. For the same reasons, the Company is unable to address the probable significance of the unavailable information, which could have a potentially unpredictable, and potentially significant, impact on its future GAAP financial results.

Bumble anticipates the following results for the second quarter ending June 30, 2026:

Second Quarter 2026:

•Total Revenue in the range of $205 million to $213 million, which includes:

oBumble App Revenue of $168 million to $174 million.

•Adjusted EBITDA of $65 million to $70 million.

Actual results may differ materially from Bumble’s financial outlook as a result of, among other things, the fa

bmbl-202603110001830043FALSE00018300432026-03-112026-03-11

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): March 11, 2026

Bumble Inc. (Exact name of registrant as specified in its charter)

Delaware001-4005485-3604367 (State or other jurisdiction of incorporation) (Commission File Number)(IRS Employer Identification No.)

1105 West 41st Street, Austin, Texas

78756 (Address of principal executive offices) (Zip Code)

Registrant’s Telephone Number, Including Area Code: (512) 696-1409 Not Applicable (Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each classTrading SymbolName of each exchange on which registered Class A common stock, par value $0.01 per shareBMBLThe Nasdaq Stock Market LLC

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter). Emerging growth company ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 2.02 Results of Operations and Financial Condition. On March 11, 2026, Bumble Inc. issued a press release announcing earnings for the fourth quarter and full year ended December 31, 2025. A copy of the press release is furnished herewith as Exhibit 99.1 and is incorporated by reference herein in its entirety. The information furnished pursuant to this Item 2.02, including Exhibit 99.1, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities under that Section and shall not be deemed to be incorporated by reference into any filings under the Securities Act of 1933, as amended, or the Exchange Act.

Item 9.01 Financial Statements and Exhibits. (d) Exhibits.

Exhibit Number Description of Exhibit 99.1 Press release of Bumble Inc., dated March 11, 2026, announcing earnings for the fourth quarter and full year ended December 31, 2025.

104 Cover Page Interactive Data File (embedded within the Inline XBRL document)

2

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

BUMBLE INC.

Date: March 11, 2026 By:/s/ Kevin D. Cook

Name:Kevin D. Cook

Title: Chief Financial Officer

3

bmbl-202511050001830043FALSE00018300432025-11-052025-11-05

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): November 5, 2025

Bumble Inc. (Exact name of registrant as specified in its charter)

Delaware001-4005485-3604367 (State or other jurisdiction of incorporation) (Commission File Number)(IRS Employer Identification No.)

1105 West 41st Street, Austin, Texas

78756 (Address of principal executive offices) (Zip Code)

Registrant’s Telephone Number, Including Area Code: (512) 696-1409 Not Applicable (Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each classTrading SymbolName of each exchange on which registered Class A common stock, par value $0.01 per shareBMBLThe Nasdaq Stock Market LLC

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter). Emerging growth company ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 1.01 Entry into a Material Definitive Agreement. On November 5, 2025 (the “Effective Date”), Bumble Inc. (the “Company”) entered into Amendment No. 1 to the Tax Receivable Agreement (the “Amendment”), by and among the Company and certain investment vehicles affiliated with the firm Blackstone Inc. (“Blackstone”) and certain investment vehicles affiliated with Whitney Wolfe Herd (together with Blackstone, the “Principal Stockholders”), which amends the Tax Receivable Agreement (as amended, restated, supplemented or otherwise modified from time to time, the “TRA”), dated as of February 10, 2021, by and among the Company, the affiliates of the Principal Stockholders and the other TRA Parties (as defined in the TRA) signatory thereto. The TRA was originally entered into in connection with the Company’s initial public offering and the accompanying reorganization transactions. The Amendment amends the TRA to provide for the payment of one-time settlement payments (each, a “Settlement Payment” and collectively, the “Settlement Payments”) in a gross amount of approximately $186 million as consideration for the complete and full termination of the Company’s payment obligations (past, current and future) under the TRA and the relinquishing of all payment rights (past, current and future) of the TRA Parties under the TRA (the payment of the Settlement Payments and the consummation of the other transactions contemplated by the Amendment, the “TRA Buyout”). The Settlement Payments will be funded from available cash on hand of the Company and its subsidiaries. In connection with the TRA Buyout, immediately prior to the Amendment, Blackstone and certain investment vehicles affiliated with Blackstone elected to exchange all of the Common Units (as defined in the TRA) of Buzz Holdings, L.P., a Delaware limited partnership and a subsidiary of the Company (“OpCo”), held by such entities for the Company's Class A common stock pursuant to the terms and conditions of the Exchange Agreement, dated as of February 10, 2021, by and among the Company, OpCo and the holders of common units party thereto and the Second Amended and Restated Limited Partnership Agreement of OpCo, dated as of February 10, 2021. The terms of the Amendment were negotiated and approved by a special committee of the Company’s Board of Directors composed exclusively of independent and disinterested directors who are independent of, and not affiliated with, the Principal Stockholders or their respective affiliates. The description of the Amendment above is a summary and is qualified in its entirety by the complete text of the Amendment, a copy of which is filed as an exhibit to this Current Report on Form 8-K (the “Report”) and is incorporated by reference in this Item 1.01.

Item 1.02 Termination of a Material Definitive Agreement. The description of the circumstances surrounding the TRA Buyout in Item 1.01 above are incorporated by reference into this Item 1.0