BMBL
Bumble Inc.
Next earnings Aug 4, 2026 (after close) · consensus $0.25 EPS, $214M rev
Last earnings +0.5% on 2026-05-05
$3.28
▲ +2.50%$3.28▼ -49.15%
over 1Y
L $2.70H $8.57
Earnings Dividend Split Congress buy Congress sellGrouped by date · hover a pin to expand
Today+2.5%
1W+11.6%
1M+7.9%
3M-2.4%
YTD-9.4%
1Y-49.1%
Hold
Conviction
Horizon
Medium (3–12mo)
12-mo target
$•••
Street · 21 analysts
Hold
Deep-value dating name: gushing free cash flow at a $361M cap, but paying users are bleeding — cheap, not yet a buy.
Price / Market cap $3.28 / $361M · current
BMBL is the textbook deep-value trap-or-bargain: at $3.28 the whole company is priced at $361M and 0.4x sales, yet FY2025 generated $250M of operating cash flow (+102.8% YoY) and, per MD&A, $238.7M of free cash flow at 76.1% conversion. Adjusted EBITDA actually rose to $313.6M (32.5% margin) from $304.1M. The eye-watering GAAP loss — the provided XBRL net income of -$693M (MD&A cites a -$895.3M net loss) — is overwhelmingly a paper event: management booked a $1,039.0M impairment (goodwill $656.2M plus intangibles) triggered by the collapsed stock price and a cut 2025 outlook. Strip the write-down and the cash engine is intact and cheap.
The problem is why the impairment happened. Revenue fell to $965.7M (-9.9%), the second straight annual decline off the $1.07B FY2024 peak, and the core funnel is shrinking: total paying users dropped to 3.67M from 4.15M (-11%), with flagship Bumble app users down to 2.43M from 2.81M. ARPPU is roughly flat ($21.64 vs $21.23), so the revenue erosion is a volume/engagement problem, not pricing — the hardest kind to reverse in social/dating, where a thinning member base feeds on itself. Management is leaning on an unproven 'transformation plan' and a September 2025 BFF relaunch that has generated zero revenue so far.
Is BMBL a buy? The one-page verdict, explained →
The options angle
model · matches our verdictCovered call~60d expiry
- Long 100 shares @ ~3.28
- Short call 3.5 @ ~0.23 est
debit $305max +$45max −$304BE 3.05
HOLD means own it, don't chase it — harvesting premium against the position matches the verdict.
Educational template, not a trade recommendation. Strikes and premiums are Black-Scholes model estimates from the last close and 30-day realized volatility — real chains, spreads and IV will differ. Options involve substantial risk.
Financials · annual, by fiscal year
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | $761M | $904M | $1.05B | $1.07B | $966M |
| Gross profit | — | — | — | — | — |
| Operating income | -$135M | -$103M | $53.4M | -$700M | -$806M |
| Net income | $310M | -$79.7M | -$4.21M | -$557M | -$693M |
| Diluted EPS | $1.45 | -$0.62 | -$0.03 | -$4.61 | -$5.95 |
| Net margin | 40.7% | -8.8% | -0.4% | -52.0% | -71.8% |
Annual figures from SEC 10-K XBRL filings. Open the filing links below for full statement detail.
Key statistics
Valuation
Enterprise value$910M
EV / EBITDA—
EV / Sales0.9
EV / FCF—
P / FCF—
PEG (trailing)—
Earnings yield-139.3%
FCF yield—
Quality & risk
ROIC (est.)-54.9%
Free cash flow—
Total debt$588M
Net cash-$413M
Altman Z-Score-2.02 distress
Piotroski F-Score4/8
Capital returns
Buyback yield5.8%
Dividend yield (est.)0.0%
Shareholder yield5.8%
Shares Δ YoY-8.9%
Computed from SEC XBRL annual figures + the current quote. EV and ROIC use long-term + current debt where filed; estimates, not investment advice.
Disclosure timeline
SEC · 8-Ks + reportsRecent disclosure tone has skewed negative — read the flagged items.
- 8-K Officer / director change2026-07-02
Executive/board leadership change disclosed (Item 5.02)
- 8-K Shareholder vote2026-06-08
Annual meeting voting results reported (Item 5.07)
- 10-Q Quarterly report2026-05-06
Q1'26: revenue keeps falling as transformation plan runs
- 8-K Earnings results2026-05-05
Q1 2026 results released; revenue decline persists amid turnaround
- 8-K Agreement terminated2026-04-24
Refinanced debt: new credit facility replaces prior, new obligation incurred
- DEF 14A Proxy statement2026-04-17
2026 proxy: board slate and say-on-pay up for shareholder vote
- S-3 Shelf registration (potential raise)2026-03-17
Shelf registration filed enabling future securities issuance/resales
- 10-K Annual report2026-03-16
FY25: rev -9.9%, $1.04B impairment, but OCF +103% to $250M, EBITDA up
- 8-K Earnings results2026-03-11
FY2025 results: revenue -10%, ~$1.04B impairment drove massive net loss
Recent filings
all on EDGAR ↗8-KPeriod ending 2026-06-292026-07-02open ↗144Filing2026-06-29open ↗144Filing2026-06-29open ↗144Filing2026-06-29open ↗144Filing2026-06-29open ↗144Filing2026-06-29open ↗144Filing2026-06-29open ↗144Filing2026-06-29open ↗4Period ending 2026-06-162026-06-18open ↗4Period ending 2026-06-162026-06-18open ↗4Period ending 2026-06-162026-06-18open ↗4Period ending 2026-06-162026-06-18open ↗
Frequently asked
- Is Bumble Inc. (BMBL) a buy?
- BMBL currently carries a Hold rating with 3/5 conviction, derived from its latest SEC filings. Deep-value dating name: gushing free cash flow at a $361M cap, but paying users are bleeding — cheap, not yet a buy.
- What is Bumble Inc.'s quality score?
- BMBL scores 45.19581203861442/100 (grade D) on a SEC-grounded quality model spanning value, growth, profitability, financial health and momentum.
Sources: SEC EDGAR (CIK 0001830043, latest 10-Q filed 2026-05-06) · EODHD · Proprietary analysis · as of 7/3/2026, 4:48:03 AM.
About this recommendation — produced by TENK/calls (tenkcalls.com), Luxembourg · not investment advice
AI-generated analysis, produced by our proprietary engine from SEC filing data.
Investment recommendation produced by TENK/calls (tenkcalls.com), Luxembourg. Completed Jul 3, 2026, 12:48 AM ET. Ratings & methodology: definitions · All recommendations to date: track record · Conflicts: disclosures. Not investment advice.
Research and education only — not financial advice. TENKis not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities TENK rates; see Disclosures. Past performance does not guarantee future results. Do your own research.