Bumble (NASDAQ:BMBL) Releases Quarterly Earnings Results, Misses Estimates By $1.09 EPS

Bumble (NASDAQ:BMBL) issued its quarterly earnings data on Wednesday. The company reported ($0.84) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.25 by ($1.09), FiscalAI reports. Bumble had a positive return on equity of 32.66% and a negative net margin of 72.04%.The company had revenue of $210.53 million for the quarter, compared to the consensus estimate of $210.46 million. During the same period in the prior year, the company earned ($2.45) EPS. The firm’s revenue was down 15.2% on a year-over-year basis.

Here are the key takeaways from Bumble’s conference call:

• Technology migration delayed the product roadmap. Bumble’s move to its new cloud-based technology platform is running about two months late because of data volume and complexity, pushing the new interaction model into very early 2027, though management expects substantially faster product and algorithm development once completed.
• Early product tests showed improved chat initiation, matches, and mutual conversations after changes to opening messages, response windows, and recommendation algorithms. Bumble plans to roll these updates out globally by the end of August.
• The company is preparing to reinvest in brand marketing beginning in the third quarter, targeting younger users through creators, communities, and local experiences. Management believes Bumble has strong favorability among existing users and that the main opportunity is rebuilding awareness among younger cohorts.
• Bumble is testing a more compelling free product, including limited access to the “Liked You” feature, alongside simpler subscription tiers and a potential higher-priced tier. Early tests increased votes, matches, and mutual chats, but the company is applying guardrails to limit potential impacts on revenue per user and payer conversion.
• Second-quarter revenue fell to $211 million from $248 million year over year, while adjusted EBITDA declined to $73 million from $95 million. Third-quarter guidance calls for revenue of $205 million–$213 million and adjusted EBITDA of $56 million–$60 million, with margins expected to normalize as technology, talent, and marketing investments increase.

Bumble Stock Performance

NASDAQ:BMBL traded down $0.20 during mid-day trading on Thursday, hitting $2.85. The stock had a trading volume of 1,339,869 shares, compared to its average volume of 3,554,324. Bumble has a twelve month low of $2.54 and a twelve month high of $7.37. The company has a debt-to-equity ratio of 0.58, a quick ratio of 1.22 and a current ratio of 1.22. The stock has a market cap of $369.33 million, a price-to-earnings ratio of -0.49, a PEG ratio of 0.10 and a beta of 1.87. The company’s 50 day simple moving average is $2.98 and its 200 day simple moving average is $3.27.

Key Stories Impacting Bumble

Here are the key news stories impacting Bumble this week:

• Positive Sentiment: Bumble reported adjusted second-quarter earnings of $0.45 per share, beating the $0.25 Wall Street consensus. Revenue of $210.53 million was also slightly above estimates of $210.46 million. Bumble Inc. Surpasses Q2 Earnings and Revenue Estimates
• Positive Sentiment: Management said it is pursuing product changes intended to create a more engaged member base and make connections faster and more intuitive, potentially supporting a longer-term turnaround. Bumble Announces Second Quarter 2026 Results
• Neutral Sentiment: Goldman Sachs maintained a neutral rating but lowered its Bumble price target from $5.00 to $3.50. The new target still implies approximately 15% upside from the recent price, but the cut signals reduced confidence in the company’s recovery prospects. Goldman Sachs Price Target Update
• Negative Sentiment: Bumble’s reported GAAP loss was $0.84 per share, substantially below the $0.25 consensus estimate, although adjusted results were positive. Revenue declined 15.2% year over year, and the company posted a negative net margin. Bumble Quarterly Earnings Report
• Negative Sentiment: Paying users declined, and Bumble forecast third-quarter revenue of $205 million to $213 million, below the $214 million analyst consensus. The combination of user losses and below-consensus guidance is the primary bearish catalyst. Bumble Forecasts Downbeat Quarterly Revenue as Paying Users Drop

Wall Street Analysts Forecast Growth

BMBL has been the subject of a number of research reports. Royal Bank Of Canada reiterated a “sector perform” rating and set a $5.00 price objective on shares of Bumble in a report on Wednesday, May 6th. Citigroup reduced their target price on shares of Bumble from $3.90 to $3.60 and set a “neutral” rating for the company in a report on Tuesday, May 26th. Raymond James Financial reissued a “market perform” rating on shares of Bumble in a research report on Thursday, June 25th. Wall Street Zen upgraded Bumble from a “hold” rating to a “buy” rating in a report on Saturday, June 27th. Finally, UBS Group upped their target price on Bumble from $4.00 to $4.50 and gave the stock a “neutral” rating in a report on Wednesday, May 6th. One investment analyst has rated the stock with a Buy rating, fifteen have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Reduce” and a consensus price target of $4.20.

Insider Activity

In other Bumble news, major shareholder Holdings Gp Man Blackstone III sold 7,477,500 shares of the company’s stock in a transaction that occurred on Tuesday, June 16th. The stock was sold at an average price of $3.78, for a total value of $28,264,950.00. Following the sale, the insider owned 19,374 shares in the company, valued at $73,233.72. This represents a 99.74% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, major shareholder Bx Buzz Ml-1 Gp Llc sold 7,477,500 shares of Bumble stock in a transaction that occurred on Tuesday, June 16th. The stock was sold at an average price of $3.78, for a total value of $28,264,950.00. Following the transaction, the insider owned 19,374 shares of the company’s stock, valued at $73,233.72. This represents a 99.74% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 29,954,026 shares of company stock valued at $113,182,633. 15.35% of the stock is owned by insiders.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. Wexford Capital LP bought a new position in shares of Bumble in the 3rd quarter valued at $31,000. EFG International AG bought a new stake in Bumble during the 4th quarter worth $25,000. StoneX Group Inc. acquired a new position in Bumble in the 4th quarter worth about $36,000. Focus Partners Advisor Solutions LLC acquired a new stake in shares of Bumble during the fourth quarter valued at about $37,000. Finally, Envestnet Asset Management Inc. acquired a new position in Bumble in the 3rd quarter valued at approximately $65,000. 94.85% of the stock is owned by institutional investors.

About Bumble

Bumble Inc operates a technology platform designed to facilitate social and professional connections through its suite of apps, most notably the flagship Bumble dating app. The company’s core premise is to empower users—particularly women—to make the first move, helping to reshape traditional dating dynamics. In addition to its dating function, Bumble offers mode-switching features that allow users to find friends through “Bumble BFF” or pursue professional networking opportunities via “Bumble Bizz.”

Beyond the Bumble app, the company also owns and operates Badoo, a social discovery platform with a substantial global footprint, particularly in Europe and Latin America.