BMBL Bumble Inc. - common stock

NASDAQ · Media · View on SEC EDGAR ↗
$2.77
Price · Aug 19, 2026
Fundamentals as of Aug 6, 2026

About Bumble Inc. - common stock Company overview from Wikipedia

Bumble is an American mobile app for online dating and social networking. It was founded by Whitney Wolfe Herd and was launched in December 2014. Bumble is operated by Bumble Inc., which also owns Badoo.

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Bumble is an American mobile app for online dating and social networking. It was founded by Whitney Wolfe Herd and was launched in December 2014. Bumble is operated by Bumble Inc., which also owns Badoo.

In 2025, the app had 2.4 million paying users. It is one of the most popular dating applications in the United States.

Profiles of potential matches are displayed to users, who can "swipe left" to reject a candidate or "swipe right" to indicate interest; if two users both indicate interest in each other, communication can begin.

History

The Bumble app was founded by Whitney Wolfe Herd, shortly after she left Tinder, and Andrey Andreev, founder of Badoo. The name Bumble was inspired by the matriarchal structure of bee societies, where “the woman is in charge” and the community is built on respect— two values the company aimed to bring into the user experience it created. The app was launched in December 2014. It used infrastructure in Badoo's London headquarters.

In August 2015, Wolfe Herd stated that within the app's first eight months, it saw 5 million unique conversations initiated.

In March 2017, Bumble had more than 800 million matches and 10 billion swipes per month and was the second most popular Lifestyle app in the Apple App Store.

In December 2018, Bumble launched in India. It acquired over 1 million users in India in the first four months of its launch. Actress Priyanka Chopra is an investor in Bumble.

By July 2020, Bumble had been downloaded over 100 million times. In 2022, Bumble began offering free courses from Bloom, an online provider of support for sexual assault survivors.

Wolfe Herd announced she would be stepping down as Bumble's CEO in January 2024, and the former Slack CEO, Lidiane Jones, would assume the role. Herd remained with Bumble as executive chair until March 2025, when she returned to the CEO position.

In August, 2026, Bumble changed its rule to permit men to initiate conversations on the app.

Operation

In December 2025, The Observer reported that Bumble relies on a legacy technology stack that was first built in 2005 due to Bumble's partnership with Badoo. The stack includes an in-house payment system and physical servers maintained by Bumble employees. Following her return as Bumble CEO, Wolfe Herd ordered a rebuild of Bumble's technology in a project known as "Bumble 2.0", in which the Bumble app would be rewritten from scratch.

Matching users

Users swipe right to "like" a potential match and left to reject them. In matches between a man and a woman, the woman must initiate the conversation with their match or the matches disappear within 24 hours unless the woman has set an opening question, to which the man can respond. In a same-sex match, either person can reach out first or set an opening question. In 2024, this system was changed so that women no longer have to make the first move during matches.

Users can sort conversations, make calls, and send photo messages.

Through BFF mode, introduced in March 2016, users can match with platonic friends of the same sex, in the same way as matching for dates.

If a user is messaged after matching with a potential partner and does not respond within 24 hours, the match disappears; this requirement was implemented in April 2016 to combat ghosting. In August, 2026, the requirement was extended to 72 hours. Before the update, men were allowed unlimited time to respond to a message from women. An update was also launched for same-sex matches, with either party allowed to initiate and the other having to respond within 24 hours.

Over time, the app introduced a wider range of gender identity options for users to identify as genderqueer or transgender.

In August 2024, 61% of Bumble users were men and 37% of users were female. That month, Bumble began developing a chatbot to act as a wingman and help users with flirting.

Content moderation

Starting in October 2016, the app banned mirror selfies, obscured faces, and photos of users in underwear among others.

In August 2017, Bumble partnered with the Anti-Defamation League to remove users who display hate speech or symbols in their profiles.

In March 2018, Bumble banned photos of users posing with guns following the Parkland high school shooting.

In 2023, the Bureau of Investigative Journalism found that many content moderators working for Bumble suffered from mental health issues, including anxiety, depression, and PTSD associated with their work, with concerns about professional mental health support, productivity targets, and understaffing.

Fake profiles and photos using artificial intelligence are prohibited and may be reported. In April 2019, Bumble launched Private Detector, an image classifier that uses artificial intelligence to automatically detect and blur nude images. It allows users to decide if they want to view, block or report the unsolicited image. Bumble made the tool open source in October 2022. In February 2024, Bumble introduced Deception Detector, a machine learning model that detects fake user profiles. Of those accounts identified as spam/scam profiles, Bumble Inc.'s testing showed that Deception Detector was able to block up to 95% these accounts automatically. That March, Bumble collaborated with Phaedra Parks, Parvati Shallow and Peter Weber of the Peacock reality show The Traitors to launch the feature.

User verification

Originally, Bumble users were required to log in via Facebook when signing up. Following the Facebook–Cambridge Analytica data scandal, Bumble added an option to sign up using only a phone number. For users who sign up with Facebook, information from their account is used to build a profile with photos and basic information, including the user's college and job.

Bumble launched a photo verification tool in September 2016 to ensure that users of the app were the same people in their profile pictures. To be verified, users are asked to submit a selfie of them performing a specific pose; the picture is reviewed by a real person who ensures the user is the person in the profile pictures. Bumble was the first dating app to include photo verification in the US. In 2025, the app also included an option to become ID-verified.

Filters

In 2020, Bumble announced a temporary feature that allowed users to expand their distance filters to match with anyone in the same country. Previously, the app only allowed people to connect within a 100-mile (160 km) range. Daters could also add a "virtual dating" badge to their profile to indicate that they are willing to date over video calls.

On January 15, 2021, Bumble temporarily suspended the option to filter matches by political preference to "prevent misuse". The move came after several women allegedly used Bumble to gather information from people involved in the January 6 United States Capitol attack, and then forwarded that information to the FBI. Bumble was criticized by many of its users for being perceived to "protect terrorists" by suspending the filter. Bumble announced that it would be reinstating the option to filter by political preferences later that day.

Paid features

In August 2016, Bumble introduced paid features including Beeline, a list of users who have liked the user; Rematch, which keeps expired matches in a user's queue for 24 additional hours; and Extend, which allows users unlimited 24-hour extensions for matches.

Other features

In June 2016, the app began allowing users to connect their Spotify accounts to their Bumble profiles to show their music interests.

In 2017, the company launched a career networking app, Bumble Bizz. It also uses a woman-first interface.

In September 2018, a "snooze" feature was added to allow users to pause activity and avoid using the app for some time.

In June 2019, Bumble introduced in-app voice and video calls. Bumble's vice president of strategy reported "an 84 percent increase in video calls that were placed between users" during the COVID-19 pandemic.

Another feature allows women to share details about their dates, including: who they're meeting, and the time and location of the meeting, with a contact for safety reasons.

Security vulnerabilities

In June 2021, Stripe software engineer Robert Heaton found a security vulnerability in Bumble that allows an attacker to obtain the exact location of its users via trilateration. Bumble fixed the vulnerability three days later and paid Heaton a bug bounty of $2,000.

In August 2024, researchers at KU Leuven in Belgium found that several dating apps, including Bumble, had vulnerabilities that would allow bad actors to obtain users' locations via trilateration.

In January 2026, Bloomberg News reported that Bumble was hit by cyberattacks, along with Crunchbase and Match Group. Bumble said the intruders did not get into its member database, accounts, direct messages or profiles.

Advocacy

Feminism

Bumble has been described as a "feminist Tinder". Its founder has confirmed this identity, calling the app "100 percent feminist," although she has attempted to distance the app from Tinder in interviews. Wolfe Herd shared in an interview with Vanity Fair the concept behind the app: "If you look at where we are in the current heteronormative rules surrounding dating, the unwritten rule puts the woman a peg under the man—the man feels the pressure to go first in a conversation, and the woman feels pressure to sit on her hands... If we can take some of the pressure off the man and put some of that encouragement in the woman's lap, I think we are taking a step in the right direction, especially in terms of really being true to feminism. I think we are the first feminist or first attempt at a feminist dating app."

In June 2016, Bumble blocked a user for sexist behavior after he had an outburst at a female user who asked him what he did for a living.

In August 2018, Bumble launched the Bumble Fund to support women-led startups. Following the testimony of Christine Blasey Ford against Brett Kavanaugh, Bumble ran the "Believe Women" ad campaign and donated to RAINN.

Bumble launched a three-year partnership with the National Domestic Violence Hotline in 2020.

Cyberflashing

Bumble was the first dating app to explicitly moderate for unsolicited nude images, known as cyberflashing. In 2019, the app launched Private Detector, a feature that uses artificial intelligence to automatically detect and blur nude images. In October 2022, Bumble released an open-source version of Private Detector model.

In 2019, Bumble pushed for passage of House Bill 2789 in Texas, a law that makes electronic transmission of sexually explicit material a punishable offense, after users of Bumble complained about receiving unsolicited nude images. Bumble influenced Virginia to pass Senate Bill 493, which prescribes civil penalties for an adult who knowingly sends another adult sexually explicit images without their consent in April 2022.

Bumble launched the #CyberFlashingIsFlashing ad campaign in the UK to support the Online Safety Act 2023, which was passed in March 2022.

In 2024, Bumble backed the CONSENT Act, a federal bill which "aims to provide protection for recipients of sexually explicit images, including images manipulated by artificial intelligence or machine learning."

Reproductive rights

In September 2021, Bumble set up a relief fund for those affected by the Texas Heartbeat Act. In response to the decision in Dobbs v. Jackson Women's Health Organization, which overturned Roe v. Wade, Bumble made additional donations to the American Civil Liberties Union of Texas and Planned Parenthood.

Bumble led an amicus brief in both Zurawski v. State of Texas (2023) and Moyle v. United States (2024), arguing in favor of reproductive rights.

Reception

Feminist label

In August 2017, the neo-Nazi website The Daily Stormer encouraged its readers to harass Bumble's staff to protest the company's support of women's empowerment.

In February 2023, writer Sangeeta Singh-Kurtz wrote that "it often seems like that feminist twist is more marketing fodder than meaningful change to how our apps run our love lives."

In a 2025 interview with The New York Times, Wolfe Herd stated that she perceived Bumble as a "love company": "I think we're just back to connection and we're back to relationships. I'm staying out of all the fodder and all the ickiness of the world and I just want to focus on love. I genuinely just want to drive a love company. That might sound cheesy and ridiculous, but that's where I'm at."

Lawsuits

In March 2018, Match Group sued Bumble, arguing that it was guilty of patent infringement and of stealing trade secrets from Tinder. In June 2020, an undisclosed settlement was reached between Match Group and Bumble to settle all litigation.

In 2018, a Californian man sued Bumble, alleging that Bumble allowing women to message first amounted to gender discrimination under the Unruh Civil Rights Act. Bumble settled the lawsuit in 2021, agreeing to introduce an update allowing men to express interest in other users through emojis.

In 2020, Bumble agreed to pay $22.5 million in a settlement over plaintiffs' claims that the company's auto-renewal processes were unfair and that it charged consumers without their consent.

In 2024, men’s rights activist Alfred Rava sued Bumble, alleging discrimination against men and perpetuating sexual stereotypes. Bumble has filed a motion to dismiss the lawsuit, as Rava has filed hundreds of frivolous lawsuits challenging gender-based policies, including ladies’ nights at bars and women-only networking events.

Anti-celibacy advertising

In May 2024, Bumble faced major backlash after launching a marketing campaign that entailed putting up billboards with captions such as: "You know full well a vow of celibacy is not the answer". Users accused the campaign of shaming women who were not sexually active. Bumble responded with a public apology, wherein the company said it would remove the ads and donate to the National Domestic Violence Hotline.

Source: Wikipedia, CC BY-SA 4.0 · View on Wikipedia ↗

Wikidata ↗

BMBL Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range

Price
$2.77
Market Cap
P/E (TTM)
-0.6
EPS (TTM)
$-5.95
Revenue (TTM)
$966M
Div Yield
ROE
-99.4%
Debt/Equity
1.0
52W Range
$3 – $7

BMBL Stock Price Chart Daily OHLCV with technical indicators — pan, zoom, and customize your view

10-Year Performance Revenue, net income, margins and EPS trends

Revenue & Net Income $966M
7-point trend, +97.5%
2019-12-31 2025-12-31
EPS $-5.95
7-point trend, -5.95
2019-12-31 2025-12-31
Free Cash Flow
Margins -71.8%

Valuation P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?

Metric
5Y trend
BMBL
Peer Median
P/E (TTM)
5-point trend, -102.6%
-0.6
15.1

Profitability Gross, operating and net margins; ROE, ROA, ROIC

Metric
5Y trend
BMBL
Peer Median
Operating Margin
5-point trend, -374.4%
-83.4%
Net Profit Margin
5-point trend, -273.0%
-71.8%
3.5%
ROA
5-point trend, -509.6%
-35.1%
3.0%
ROE
5-point trend, -678.6%
-99.4%
3.9%
ROIC
5-point trend, -724.6%
-72.3%

Financial Health Debt, liquidity, solvency — balance sheet strength

Metric
5Y trend
BMBL
Peer Median
Debt / Equity
5-point trend, +167.8%
1.0
Current Ratio
5-point trend, -18.4%
2.2
1.6
Quick Ratio
5-point trend, -22.1%
1.9

Growth Revenue, EPS and net income growth: YoY, 3Y CAGR, 5Y CAGR

Metric
5Y trend
BMBL
Peer Median
Revenue YoY
5-point trend, +26.9%
-9.9%
Revenue CAGR 3Y
5-point trend, +26.9%
2.2%
Revenue CAGR 5Y
5-point trend, +26.9%
12.3%

Per Share Metrics EPS, book value per share, cash flow per share, dividend per share

Metric
5Y trend
BMBL
Peer Median
EPS (Diluted)
5-point trend, -510.3%
$-5.95

Capital Efficiency Asset turnover, inventory turnover, receivables turnover

Metric
5Y trend
BMBL
Peer Median

BMBL Analyst Consensus Bullish and bearish analyst opinions, 12-month price target, upside

HOLD 20 analysts
  • Strong Buy 0 0.0%
  • Buy 0 0.0%
  • Hold 16 80.0%
  • Sell 2 10.0%
  • Strong Sell 2 10.0%

12-Month Price Target

12 analysts · 2026-08-13
Median target $4.00 +44.4%
Mean target $3.90 +40.8%

Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date

Avg Surprise
-1.2%
Period EPS Actual EPS Est Surprise
June 30, 2026 $-0.84 $0.25 -1.1%
March 31, 2026 $0.34 $0.28 0.06%
Dec. 31, 2025 $-4.06 $0.24 -4.3%
Sept. 30, 2025 $0.33 $0.34 -0.01%
June 30, 2025 $-2.45 $0.35 -2.8%
March 31, 2025 $0.13 $0.14 -0.01%
Dec. 31, 2024 $0.03 $0.19 -0.16%

Peer comparison (GICS sub-industry) Key metrics vs sector peers

Ticker Market Cap P/E Rev YoY Net Margin ROE Gross Margin
BMBL -0.6 -9.9% -71.8% -99.4%
TBLA
NXDR -15.0 4.2% -21.0% -12.6%
EVER 10.3 38.5% 14.3% 48.6%
MAX 33.2 28.8% 2.3% 783.8%
CARS $715M 38.1 0.57% 2.8% 4.2%
ZIP $278M -10.5 -5.3% -7.3% 46.1% 89.2%
SSTK 15.3 5.8%
ANGI 13.8 -13.0% 4.2% 4.5% 95.4%
DHX $69M -5.2 -9.9% -10.6% -12.9%
GOOGL $3.78T 29.0 15.1% 32.8% 34.0%

Full Fundamentals All metrics by year — income statement, balance sheet, cash flow

Income Statement 14
Annual Income Statement data for BMBL
Metric Trend 2025202420232022202120202019
Revenue 7-point trend, +97.5% $966M $1.07B $1.05B $904M $761M $540M $489M
Cost of Revenue 7-point trend, +101.4% $282M $319M $308M $249M $206M $144M $140M
SG&A Expense 7-point trend, +105.8% $138M $129M $222M $163M $257M $182M $67M
Operating Expenses 7-point trend, +347.7% $1.77B $1.77B $998M $1.01B $896M $617M $396M
Operating Income 7-point trend, -964.1% $-806M $-700M $53M $-103M $-135M $-77M $93M
Other Non-op 7-point trend, -765.6% $-13M $-5M $-27M $16M $3M $-917.0K $-1M
Pretax Income 7-point trend, -1036.0% $-861M $-745M $5M $-111M $-156M $-100M $92M
Income Tax 7-point trend, +459.9% $34M $23M $7M $3M $-438M $9M $6M
Net Income 7-point trend, -1147.9% $-693M $-557M $-4M $-80M $310M $-110M $66M
EPS (Basic) 7-point trend, -5.95 $-5.95 $-4.61 $-0.03 $-0.62 $1.50 $-0.04 $0.00
EPS (Diluted) 7-point trend, -5.95 $-5.95 $-4.61 $-0.03 $-0.62 $1.45 $-0.04 $0.00
Shares (Basic) 6-point trend, -95.5% 110,131,455 120,824,549 134,936,824 129,421,157 121,425,908 2,453,947,685 ·
Shares (Diluted) 6-point trend, -95.5% 110,131,455 120,824,549 134,936,824 129,421,157 192,675,476 2,453,947,685 ·
EBITDA 5-point trend, -2723.0% $-780M $-630M $121M $-13M $-28M · ·
Balance Sheet 25
Annual Balance Sheet data for BMBL
Metric Trend 2025202420232022202120202019
Cash & Equivalents 7-point trend, +205.9% $176M $204M $356M $403M $369M $128M $57M
Receivables 6-point trend, +99.7% $83M $100M $103M $67M $48M $42M ·
Other Current Assets 6-point trend, -42.9% $46M $38M $35M $32M $53M $81M ·
Current Assets 6-point trend, +21.6% $305M $342M $493M $501M $469M $251M ·
PP&E (Net) 6-point trend, -59.0% $7M $8M $12M $14M $15M $17M ·
PP&E (Gross) 6-point trend, +20.3% $30M $30M $28M $29M $30M $25M ·
Accum. Depreciation 6-point trend, +192.3% $23M $22M $16M $15M $15M $8M ·
Goodwill 6-point trend, -52.4% $733M $1.39B $1.59B $1.58B $1.54B $1.54B ·
Intangibles 6-point trend, -80.6% $351M $749M $1.48B $1.52B $1.70B $1.81B ·
Other Non-current Assets 6-point trend, +114.4% $7M $11M $7M $31M $10M $3M ·
Total Assets 6-point trend, -60.8% $1.43B $2.52B $3.63B $3.69B $3.78B $3.64B ·
Accounts Payable 6-point trend, -61.1% $9M $7M $5M $3M $19M $24M ·
Accrued Liabilities 5-point trend, -83.6% · $6M $14M $15M $12M $36M ·
Current Liabilities 6-point trend, -42.8% $138M $139M $245M $212M $176M $241M ·
Capital Leases 6-point trend, +19.7% $7M $9M $13M $14M $22M $6M ·
Deferred Tax 6-point trend, -99.9% $318.0K $777.0K $6M $8M $0 $428M ·
Other Non-current Liabilities 6-point trend, -63.1% $23M $24M $15M $15M $119M $62M ·
Total Liabilities 6-point trend, -52.1% $744M $1.18B $1.29B $1.24B $1.31B $1.55B ·
Long-term Debt 6-point trend, -28.5% $591M $621M $627M $633M $639M $826M ·
Total Debt 5-point trend, -5.5% $588M $617M $621M $625M $623M · ·
Retained Earnings 6-point trend, -1394230000.00 $-1.39B $-701M $-144M $-140M $-60M $0 ·
Treasury Stock 4-point trend, +0.00 $0 $0 $74M $0 · · ·
AOCI 6-point trend, -12.1% $159M $71M $79M $74M $79M $181M ·
Stockholders' Equity 6-point trend, -72.6% $570M $825M $1.64B $1.63B $1.61B $2.08B ·
Liabilities + Equity 6-point trend, -60.8% $1.43B $2.52B $3.63B $3.69B $3.78B $3.64B ·
Cash Flow 17
Annual Cash Flow data for BMBL
Metric Trend 2025202420232022202120202019
D&A 7-point trend, +284.0% $26M $71M $68M $90M $107M $92M $7M
Stock-based Comp 7-point trend, +1343.9% $31M $26M $104M $111M $124M $27M $2M
Deferred Tax 7-point trend, +2779.6% $6M $5M $-7M $-5M $-448M $496.0K $201.0K
Amort. of Intangibles 7-point trend, +19200.0% $19M $63M $59M $81M $98M $84M $100.0K
Restructuring 4-point trend, +305.1% $15M $20M $-499.0K $4M · · ·
Other Non-cash 5-point trend, +32265.7% $881M $579M $21M $17M $3M · ·
Operating Cash Flow 7-point trend, +146.9% $250M $123M $182M $133M $105M $53M $101M
Investing Cash Flow 7-point trend, -2.5% $-12M $-27M $-25M $-86M $-12M $-2.85B $-11M
Debt Issued 4-point trend, +0.00 · · · $0 $0 $850M $0
Net Debt Issued 5-point trend, +85.1% $-31M $-6M $-6M $-6M $-206M · ·
Stock Issued 3-point trend, -100.0% · · · · $0 $0 $104.0K
Stock Repurchased 7-point trend, +28682000.00 $29M $192M $113M $0 $1.02B $0 $0
Net Stock Activity 5-point trend, +97.2% $-29M $-192M $0 $0 $-1.02B · ·
Dividends Paid 4-point trend, -100.0% · · · $0 $0 $360M $23M
Financing Cash Flow 7-point trend, -311.3% $-268M $-251M $-199M $-15M $151M $2.87B $-65M
Net Change in Cash 7-point trend, -215.1% $-28M $-152M $-48M $38M $241M $74M $24M
Taxes Paid $14M · · · · · ·
Profitability 7
Annual Profitability data for BMBL
Metric Trend 2025202420232022202120202019
Operating Margin 5-point trend, -374.4% -83.4% -65.4% 5.1% -11.4% -17.6% · ·
Net Margin 5-point trend, -273.0% -71.8% -52.0% -0.40% -8.8% 41.5% · ·
Pretax Margin 5-point trend, -357.7% -89.2% -69.5% 0.50% -12.2% -19.5% · ·
EBITDA Margin 5-point trend, -2137.4% -80.8% -58.8% 11.5% -1.5% -3.6% · ·
ROA 5-point trend, -509.6% -35.1% -18.1% -0.12% -2.1% 8.6% · ·
ROE 5-point trend, -678.6% -99.4% -45.3% -0.26% -4.9% 17.2% · ·
ROIC 5-point trend, -724.6% -72.3% -50.1% -0.83% -4.7% 11.6% · ·
Liquidity & Solvency 4
Annual Liquidity & Solvency data for BMBL
Metric Trend 2025202420232022202120202019
Current Ratio 5-point trend, -18.4% 2.2 2.5 2.0 2.4 2.7 · ·
Quick Ratio 5-point trend, -22.1% 1.9 2.2 1.9 2.2 2.4 · ·
Debt / Equity 5-point trend, +167.8% 1.0 0.7 0.4 0.4 0.4 · ·
LT Debt / Equity 5-point trend, +166.3% 1.0 0.7 0.4 0.4 0.4 · ·
Efficiency 2
Annual Efficiency data for BMBL
Metric Trend 2025202420232022202120202019
Asset Turnover 5-point trend, +136.6% 0.5 0.3 0.3 0.2 0.2 · ·
Receivables Turnover 5-point trend, -38.5% 10.6 10.6 12.4 15.8 17.2 · ·
Per Share 3
Annual Per Share data for BMBL
Metric Trend 2025202420232022202120202019
Revenue / Share 5-point trend, +120.7% $8.77 $8.87 $7.79 $6.98 $3.97 · ·
Cash Flow / Share 5-point trend, +317.8% $2.27 $1.02 $1.35 $1.03 $0.54 · ·
EPS (TTM) 6-point trend, -14775.0% $-5.95 $-4.61 $-0.03 $-0.62 $1.45 $-0.04 ·
Growth Rates 3
Annual Growth Rates data for BMBL
Metric Trend 2025202420232022202120202019
Revenue YoY 5-point trend, -124.1% -9.9% 1.9% 16.4% 18.7% 41.0% · ·
Revenue CAGR 3Y 3-point trend, -91.0% 2.2% 12.1% 24.9% · · · ·
Revenue CAGR 5Y 12.3% · · · · · ·
Valuation (TTM) 6
Annual Valuation (TTM) data for BMBL
Metric Trend 2025202420232022202120202019
Revenue TTM 6-point trend, +79.0% $966M $1.07B $1.05B $904M $761M $540M ·
Net Income TTM 6-point trend, -528.4% $-693M $-557M $-4M $-80M $310M $-110M ·
P/E 5-point trend, -102.6% -0.6 -1.8 -491.3 -34.0 23.4 · ·
Earnings Yield 5-point trend, -3994.2% -166.7% -56.6% -0.20% -2.9% 4.3% · ·
Payout Ratio Flat — no change across 2 periods · · · 0.00% 0.00% · ·
Annual Payout 3-point trend, -100.0% · · · $0 $0 $360M ·

Financial Statements Income statement, balance sheet, cash flow — annual, last 5 years

Income Statement
2025-12-312024-12-312023-12-312022-12-312021-12-31
Revenue $966M$1.07B$1.05B$904M$761M
Operating Margin % -83.4%-65.4%5.1%-11.4%-17.6%
Net Income $-693M$-557M$-4M$-80M$310M
Diluted EPS $-5.95$-4.61$-0.03$-0.62$1.45
Balance Sheet
2025-12-312024-12-312023-12-312022-12-312021-12-31
Debt / Equity 1.00.70.40.40.4
Current Ratio 2.22.52.02.42.7
Quick Ratio 1.92.21.92.22.4

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Institutional owners (13F) 219 filers · $231.5M total · As of June 30, 2026

Institutions that report holding this stock in their quarterly SEC Form 13F. Long positions only; a single filer may appear twice for separate option legs. Large offsetting put/call legs typically reflect market-making or hedged inventory, not directional conviction.

Institutional activity — Q2 2026 vs prior quarter
New positions Exited positions Increased Decreased Net shares change
32 (-13 vs prior Q) 43 (-6 vs prior Q) 69 (-3 vs prior Q) 60 (-8 vs prior Q) +16.2M

Compared to Q1 2026. SEC Form 13F filings are due within 45 days of quarter-end plus a short buffer for late filers — quarters still inside that window are skipped in favor of the most recent fully-reported pair.

Institution Value Shares % of tracked 13F Type
VANGUARD PORTFOLIO MANAGEMENT LLC $20,356,621 6,361,444 8.80% Shares
Blackstone Inc. $18,836,874 5,886,523 8.14% Shares
Saba Capital Management, L.P. $17,786,864 5,558,395 7.68% Shares
Accel Growth Fund V Associates L.L.C. $16,174,499 5,054,531 6.99% Shares
DIMENSIONAL FUND ADVISORS LP $14,465,155 4,520,361 6.25% Shares
VANGUARD CAPITAL MANAGEMENT LLC $12,703,222 3,969,757 5.49% Shares
RENAISSANCE TECHNOLOGIES LLC $11,944,000 3,732,500 5.16% Shares
STATE STREET CORP $8,282,333 2,588,229 3.58% Shares
Qube Research & Technologies Ltd $7,762,838 2,425,887 3.35% Shares
PRUDENTIAL FINANCIAL INC $7,234,768 2,260,865 3.13% Shares
GEODE CAPITAL MANAGEMENT, LLC $6,934,061 2,166,307 3.00% Shares
DEUTSCHE BANK AG\ $6,499,053 2,030,954 2.81% Shares
TWO SIGMA INVESTMENTS, LP $4,951,190 1,547,247 2.14% Shares
Cubist Systematic Strategies, LLC $4,714,662 774,165 2.04% Shares
TWO SIGMA ADVISERS, LP $4,442,151 1,244,300 1.92% Shares
CastleKnight Management LP $3,900,198 1,218,812 1.69% Shares
CITADEL ADVISORS LLC $3,567,251 1,114,766 1.54% Shares
RBF Capital, LLC $3,301,498 1,031,718 1.43% Shares
Quinn Opportunity Partners LLC $3,162,048 988,140 1.37% Shares
Man Group plc $2,793,968 873,115 1.21% Shares
BRIDGEWAY CAPITAL MANAGEMENT, LLC $2,508,618 783,943 1.08% Shares
CHARLES SCHWAB INVESTMENT MANAGEMENT INC $2,468,742 771,482 1.07% Shares
Connor, Clark & Lunn Investment Management Ltd. $2,210,813 690,879 0.96% Shares
JANE STREET GROUP, LLC $2,157,760 674,300 0.93% Call option
PRINCIPAL FINANCIAL GROUP INC $2,107,750 658,672 0.91% Shares
VANGUARD FIDUCIARY TRUST CO $1,898,755 593,361 0.82% Shares
Susquehanna Portfolio Strategies, LLC $1,788,413 558,879 0.77% Shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP $1,765,760 551,800 0.76% Put option
D. E. Shaw & Co., Inc. $1,595,363 498,551 0.69% Shares
SEGALL BRYANT & HAMILL, LLC $1,550,342 484,482 0.67% Shares
JACOBS LEVY EQUITY MANAGEMENT, INC $1,514,950 473,422 0.65% Shares
GROUP ONE TRADING LLC $1,383,363 432,301 0.60% Shares
CITADEL ADVISORS LLC $1,316,800 411,500 0.57% Call option
BNP PARIBAS ASSET MANAGEMENT Holding S.A. $1,272,688 397,715 0.55% Shares
Militia Capital Partners, LP $1,080,296 302,604 0.47% Shares
Diametric Capital, LP $1,009,612 315,504 0.44% Shares
TUDOR INVESTMENT CORP ET AL $912,896 285,280 0.39% Shares
WOLVERINE TRADING, LLC $907,830 144,100 0.39% Call option
CITADEL ADVISORS LLC $891,520 278,600 0.39% Put option
Engineers Gate Manager LP $776,634 242,698 0.34% Shares
XTX Topco Ltd $770,202 240,688 0.33% Shares
JANE STREET GROUP, LLC $768,352 240,110 0.33% Shares
LOS ANGELES CAPITAL MANAGEMENT LLC $749,805 234,314 0.32% Shares
GOLDMAN SACHS GROUP INC $737,610 230,503 0.32% Shares
IEQ CAPITAL, LLC $727,978 227,493 0.31% Shares
Prentice Capital Management, LP $725,277 226,649 0.31% Shares
BNP PARIBAS FINANCIAL MARKETS $637,094 199,092 0.28% Shares
MARSHALL WACE, LLP $606,285 189,464 0.26% Shares
JANE STREET GROUP, LLC $575,040 179,700 0.25% Put option
ALLIANCEBERNSTEIN L.P. $499,862 153,332 0.22% Shares
STRS OHIO $498,880 155,900 0.22% Shares
CWM, LLC $490,663 150,510 0.21% Shares
Bank of New York Mellon Corp $463,219 144,756 0.20% Shares
WOLVERINE TRADING, LLC $441,630 70,100 0.19% Put option
CANADA PENSION PLAN INVESTMENT BOARD $435,520 136,100 0.19% Shares
RHUMBLINE ADVISERS $361,947 113,111 0.16% Shares
Walleye Capital LLC $354,880 110,900 0.15% Put option
Quadrature Capital Ltd $353,738 110,543 0.15% Shares
FEDERATED HERMES, INC. $316,358 98,862 0.14% Shares
Polymer Capital Management (US) LLC $316,048 98,765 0.14% Shares
180 WEALTH ADVISORS, LLC $306,237 95,699 0.13% Shares
Walleye Capital LLC $305,600 95,500 0.13% Call option
SUSQUEHANNA INTERNATIONAL GROUP, LLP $301,440 94,200 0.13% Call option
IMC-Chicago, LLC $295,798 92,437 0.13% Shares
Centiva Capital, LP $289,600 90,500 0.13% Shares
EXCHANGE TRADED CONCEPTS, LLC $286,083 89,401 0.12% Shares
BANK OF AMERICA CORP /DE/ $273,494 85,467 0.12% Shares
WELLS FARGO & COMPANY/MN $272,883 85,276 0.12% Shares
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. $242,390 75,747 0.10% Shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP $238,899 74,656 0.10% Shares
AMERICAN CENTURY COMPANIES INC $222,208 69,440 0.10% Shares
MetLife Investment Management, LLC $200,950 62,797 0.09% Shares
SIMPLEX TRADING, LLC $196,681 61,463 0.08% Shares
VANGUARD GROUP INC $194,719 54,543 0.08% Shares
Mariner, LLC $191,263 59,770 0.08% Shares
SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC $188,499 58,906 0.08% Shares
MORGAN STANLEY $185,795 58,061 0.08% Shares
MERCER GLOBAL ADVISORS INC /ADV $183,187 57,246 0.08% Shares
WINTON GROUP Ltd $179,040 55,950 0.08% Shares
PRELUDE CAPITAL MANAGEMENT, LLC $177,517 55,474 0.08% Shares
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC $165,814 54,724 0.07% Shares
Headlands Technologies LLC $165,450 51,703 0.07% Shares
Corton Capital Inc. $164,759 27,054 0.07% Shares
BlackRock, Inc. $148,416 46,380 0.06% Shares
Empowered Funds, LLC $139,107 43,471 0.06% Shares
TWO SIGMA SECURITIES, LLC $133,741 41,794 0.06% Shares
CITIGROUP INC $130,970 40,928 0.06% Shares
Invesco Ltd. $128,163 40,051 0.06% Shares
Russell Investments Group, Ltd. $123,174 38,492 0.05% Shares
AXA Investment Managers S.A. $122,592 20,130 0.05% Shares
MML INVESTORS SERVICES, LLC $117,504 36,720 0.05% Shares
SHERBROOKE PARK ADVISERS LLC $108,000 30,252 0.05% Shares
ROYCE & ASSOCIATES LP $104,854 32,767 0.05% Shares
Vanguard Global Advisers, LLC $102,765 32,114 0.04% Shares
AlphaQuest LLC $100,806 28,237 0.04% Shares
Balyasny Asset Management L.P. $97,274 30,398 0.04% Shares
MILLENNIUM MANAGEMENT LLC $93,731 29,291 0.04% Shares
STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM $92,480 28,900 0.04% Shares
Arax Advisory Partners $89,689 28,028 0.04% Shares
MANUFACTURERS LIFE INSURANCE COMPANY, THE $89,261 27,894 0.04% Shares

Company insiders 16 insiders · 5 officers · 8 directors

Insider Role Last activity Shares owned Buys 12m Sells 12m Net 12m
Lidiane S. Jones Chief Executive Officer Jan. 2, 2025 F 683,054 0 0 $0
Anuradha B. Subramanian Chief Financial Officer Feb. 10, 2025 F 259,790 0 0 $0
Tariq M Shaukat President June 29, 2023 F 183,247 0 0 $0
Elizabeth Monteleone Chief Legal Officer Jan. 29, 2025 A 185,357 0 0 $0
Laura Franco Chief Legal & Compliance Officer Feb. 10, 2024 F 139,779 0 0 $0
Sissie L. Hsiao Director June 9, 2026 S 126,687 0 1 $-61,465
Ann Mather Director June 9, 2026 S 117,853 0 1 $-61,458
Amy Griffin Director June 4, 2026 A 158,128 0 0 $0
Elisa Steele Director June 4, 2026 A 182,576 0 0 $0
Rebecca Lynn Atchison Director June 4, 2026 A 158,128 0 0 $0
Pamela Thomas-Graham Director June 4, 2026 A 164,663 0 0 $0
Matthew S Bromberg Director June 5, 2024 A 36,522 0 0 $0
Whitney Wolfe Herd Aug. 10, 2026 F 1,352,781 0 0 $0
Kevin D. Cook Aug. 2, 2026 F 1,376,583 0 0 $0
Deirdre L. Runnette Aug. 2, 2026 F 999,642 0 0 $0
Amy Kossover Aug. 2, 2026 F 188,813 0 0 $0

Insiders from SEC Form 3/4/5 filings; net = open-market P/S only

Activists & 5%+ owners 3 positions

Investors who filed SEC Schedule 13D — beneficial ownership above 5% with an intent to influence the issuer (activist stakes, board campaigns, M&A). Each row shows the most recent known state of that filer's position.

Filer Filed Stake Status Purpose Filing
BX Buzz ML-1 Holdco L.P., BX Buzz ML-2 Holdco L.P., BX Buzz ML-3 Holdco L.P., BX Buzz ML-4 Holdco L.P., BX Buzz ML-5 Holdco L.P., BX Buzz ML-6 Holdco L.P., BX Buzz ML-7 Holdco L.P., BX Buzz ML-1 GP LLC, BX Buzz ML-2 GP LLC, BX Buzz ML-3 GP LLC, BX Buzz ML-4 GP LLC, BX Buzz ML-5 GP LLC, BX Buzz ML-6 GP LLC, BX Buzz ML-7 GP LLC, Blackstone Buzz Holdings L.P., Blackstone Tactical Opportunities Fund-FD L.P., Blackstone Family Investment Partnership-Growth ESC L.P., BCP Buzz Holdings L.P., BTO Buzz Holdings II L.P., BXG Buzz Holdings L.P., BSOF Buzz Aggregator L.L.C., BTO Holdings Manager-NQ L.L.C., Blackstone Tactical Opportunities Associates-NQ L.L.C., BTOA-NQ L.L.C., Blackstone Tactical Opportunities Associates III-NQ L.P., BTO DE GP-NQ L.L.C., BXG Side-by-Side GP L.L.C., BXG Holdings Manager L.L.C., Blackstone Growth Associates L.P., BXGA L.L.C., Blackstone Strategic Opportunity Associates L.L.C., BCP VII Holdings Manager - NQ L.L.C., Blackstone Management Associates VII NQ L.L.C., BMA VII NQ L.L.C., Blackstone Holdings II L.P., Blackstone Holdings I/II GP L.L.C., BTO Holdings Manager L.L.C., Blackstone Tactical Opportunities Associates L.L.C., BTOA L.L.C., Blackstone Holdings III L.P., Blackstone Holdings III GP L.P., Blackstone Holdings III GP Management L.L.C., Blackstone Inc., Blackstone Group Management L.L.C., Stephen A. Schwarzman ×10 filings June 18, 2026 0.00% Amendment SEC
Whitney Wolfe Herd, Beehive Holdings II, LP, Beehive Holdings III, LP ×5 filings Nov. 5, 2025 0.00% Amendment SEC
Blackstone Buzz Holdings L.P., Blackstone Tactical Opportunities Fund—FD L.P., Blackstone Family Investment Partnership—Growth ESC L.P., BCP Buzz Holdings L.P., BTO Buzz Holdings II L.P., BXG Buzz Holdings L.P., BSOF Buzz Aggregator L.L.C., BTO Holdings Manager—NQ L.L.C., Blackstone Tactical Opportunities Associates—NQ L.L.C., BTOA—NQ L.L.C., Blackstone Tactical Opportunities Associates III—NQ L.P., BTO DE GP—NQ L.L.C., BXG Side-by-Side GP L.L.C., BXG Holdings Manager L.L.C., Blackstone Growth Associates L.P., BXGA L.L.C., Blackstone Strategic Opportunity Associates L.L.C., BCP VII Holdings Manager – NQ L.L.C., Blackstone Management Associates VII NQ L.L.C., BMA VII NQ L.L.C., Blackstone Holdings II L.P., Blackstone Holdings I/II GP L.L.C., BTO Holdings Manager L.L.C., Blackstone Tactical Opportunities Associates L.L.C., BTOA L.L.C., Blackstone Holdings III L.P., Blackstone Holdings III GP L.P., Blackstone Holdings III GP Management L.L.C., The Blackstone Group Inc., Blackstone Group Management L.L.C., Stephen A. Schwarzman ×2 filings April 28, 2021 Initial filing SEC

Purpose is an automated classification of the filer's own stated purpose (SEC Item 4) — not investment advice. "—" means no clear purpose was stated or the text could not be classified.

ETF ownership Held by 37 ETFs

Weight reflects direct equity holdings (N-PORT) only; leveraged or derivative-based funds may hold additional swap exposure not shown.

Fund Weight Units As of Source
DEEP · ETF Series Solutions 0.75% 61,731 NS May 31, 2026 N-PORT
FSCC · Federated Hermes ETF Trust 0.11% 93,002 NS May 31, 2026 N-PORT
SOCL · Global X Funds 0.10% 21,612 NS April 30, 2026 N-PORT
CALF · Pacer Funds Trust 0.07% 619,328 NS April 30, 2026 N-PORT
SMLF · iShares Trust 0.05% 801,527 SH Aug. 8, 2026 Daily
VFMF · VANGUARD WELLINGTON FUND 0.04% 95,478 SH Aug. 8, 2026 Daily
DFSV · Dimensional ETF Trust 0.04% 710,311 NS April 30, 2026 N-PORT
PRFZ · Invesco Exchange-Traded Fund Trust 0.03% 355,008 SH Aug. 8, 2026 Daily
GINN · Goldman Sachs ETF Trust 0.03% 22,623 NS May 31, 2026 N-PORT
VTWV · VANGUARD SCOTTSDALE FUNDS 0.02% 88,237 SH Aug. 8, 2026 Daily
VOX · VANGUARD WORLD FUND 0.02% 350,298 SH Aug. 8, 2026 Daily
GSSC · Goldman Sachs ETF Trust 0.02% 58,556 NS May 31, 2026 N-PORT
IWN · iShares Trust 0.02% 906,547 SH Aug. 8, 2026 Daily
DFAT · Dimensional ETF Trust 0.02% 539,970 NS April 30, 2026 N-PORT
DFAS · Dimensional ETF Trust 0.01% 425,619 NS April 30, 2026 N-PORT
PNQI · Invesco Exchange-Traded Fund Trust 0.01% 19,485 SH Aug. 8, 2026 Daily
VTWO · VANGUARD SCOTTSDALE FUNDS 0.01% 587,130 SH Aug. 8, 2026 Daily
IWM · iShares Trust 0.01% 2,582,094 SH Aug. 8, 2026 Daily
RSSL · Global X Funds 0.01% 31,134 NS April 30, 2026 N-PORT
OMFS · Invesco Exchange-Traded Self-Indexe… 0.01% 6,801 SH Aug. 8, 2026 Daily
ITWO · ProShares Trust 0.01% 3,385 NS May 31, 2026 N-PORT
SCHA · SCHWAB STRATEGIC TRUST 0.01% 373,676 NS May 31, 2026 N-PORT
AVSC · AMERICAN CENTURY ETF TRUST 0.00% 37,671 NS May 31, 2026 N-PORT
UWM · ProShares Trust 0.00% 2,647 NS May 31, 2026 N-PORT
URTY · ProShares Trust 0.00% 2,677 NS May 31, 2026 N-PORT
DXUV · Dimensional ETF Trust 0.00% 2,112 NS April 30, 2026 N-PORT
MSSM · MORGAN STANLEY PATHWAY FUNDS 0.00% 3,361 NS May 31, 2026 N-PORT
DFAC · Dimensional ETF Trust 0.00% 137,856 NS April 30, 2026 N-PORT
HDG · ProShares Trust 0.00% 67 NS May 31, 2026 N-PORT
ITOT · iShares Trust 0.00% 148,361 SH Aug. 8, 2026 Daily
IWV · iShares Trust 0.00% 23,630 SH Aug. 8, 2026 Daily
SCHB · SCHWAB STRATEGIC TRUST 0.00% 40,557 NS May 31, 2026 N-PORT
DFAU · Dimensional ETF Trust 0.00% 2,575 NS April 30, 2026 N-PORT
DFUS · Dimensional ETF Trust 0.00% 4,567 NS April 30, 2026 N-PORT
VXF · VANGUARD INDEX FUNDS 0.00% 1,071,546 SH Aug. 8, 2026 Daily
VTI · VANGUARD INDEX FUNDS 0.00% 2,824,068 SH Aug. 8, 2026 Daily
VTHR · VANGUARD SCOTTSDALE FUNDS 0.00% 10,457 SH Aug. 8, 2026 Daily