Match (MTCH) 10-Q5 May 232023 Q1 Quarterly reportFinancial data

Company Profile

COVER

COVER - shares	3 Months Ended
COVER - shares	Mar. 31, 2023	Apr. 28, 2023
Cover [Abstract]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Mar. 31, 2023
Document Transition Report	false
Entity File Number	001-34148
Entity Registrant Name	Match Group, Inc.
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	59-2712887
Entity Address, Address Line One	8750 North Central Expressway
Entity Address, Address Line Two	Suite 1400
Entity Address, City or Town	Dallas
Entity Address, State or Province	TX
Entity Address, Postal Zip Code	75231
City Area Code	214
Local Phone Number	576-9352
Title of 12(b) Security	Common Stock, par value $0.001
Trading Symbol	MTCH
Security Exchange Name	NASDAQ
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Small Business	false
Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		278,460,751
Entity Central Index Key	0000891103
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2023
Document Fiscal Period Focus	Q1
Amendment Flag	false

CONSOLIDATED BALANCE SHEET (Una

CONSOLIDATED BALANCE SHEET (Unaudited) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
ASSETS
Cash and cash equivalents	$ 569,879	$ 572,395
Short-term investments	8,448	8,723
Accounts receivable, net of allowance of $483 and $387, respectively	256,876	191,940
Other current assets	115,726	109,327
Total current assets	950,929	882,385
Property and equipment, net of accumulated depreciation and amortization of $208,568 and $198,409, respectively	187,295	176,136
Goodwill	2,316,983	2,348,366
Intangible assets, net of accumulated amortization of $87,928 and $78,160, respectively	340,078	357,747
Deferred income taxes	263,933	276,947
Other non-current assets	144,691	141,183
TOTAL ASSETS	4,203,909	4,182,764
LIABILITIES
Accounts payable	14,393	13,699
Deferred revenue	255,712	252,718
Accrued expenses and other current liabilities	282,261	289,937
Total current liabilities	552,366	556,354
Long-term debt, net	3,837,322	3,835,726
Income taxes payable	11,437	13,282
Deferred income taxes	30,438	32,631
Other long-term liabilities	106,864	103,652
Redeemable noncontrolling interests	0	0
Commitments and contingencies
SHAREHOLDERS’ EQUITY
Common stock; $0.001 par value; authorized 1,600,000,000 shares; 288,211,422 and 286,817,375 shares issued; and 278,398,408 and 279,625,364 outstanding at March 31, 2023 and December 31, 2022, respectively	288	287
Additional paid-in capital	8,325,631	8,273,637
Retained deficit	(7,661,759)	(7,782,568)
Accumulated other comprehensive loss	(403,623)	(369,182)
Treasury stock; 9,813,014 and 7,192,011 shares, respectively	(595,055)	(482,049)
Total Match Group, Inc. shareholders’ equity	(334,518)	(359,875)
Noncontrolling interests	0	994
Total shareholders’ equity	(334,518)	(358,881)
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY	$ 4,203,909	$ 4,182,764

CONSOLIDATED BALANCE SHEET (U_2

CONSOLIDATED BALANCE SHEET (Unaudited) (Parenthetical) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Statement of Financial Position [Abstract]
Accounts receivable allowance and reserves	$ 483	$ 387
Accumulated depreciation and amortization on property and equipment	208,568	198,409
Accumulated amortization	$ 87,928	$ 78,160
Common stock, par value (USD per share)	$ 0.001	$ 0.001
Common stock authorized (shares)	1,600,000,000	1,600,000,000
Common stock issued (shares)	288,211,422	286,817,375
Common stock outstanding (shares)	278,398,408	279,625,364
Treasury stock (shares)	9,813,014	7,192,011

CONSOLIDATED STATEMENT OF OPERA

CONSOLIDATED STATEMENT OF OPERATIONS (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Revenue	$ 787,124	$ 798,631
Operating costs and expenses:
Cost of revenue (exclusive of depreciation shown separately below)	240,010	236,236
Selling and marketing expense	137,359	151,888
General and administrative expense	90,611	100,705
Product development expense	98,186	78,794
Depreciation	10,552	10,497
Amortization of intangibles	12,117	12,693
Total operating costs and expenses	588,835	590,813
Operating income	198,289	207,818
Interest expense	(39,351)	(34,896)
Other income, net	3,392	818
Earnings before income taxes	162,330	173,740
Income tax (provision) benefit	(41,639)	6,867
Net earnings	120,691	180,607
Net loss (earnings) attributable to noncontrolling interests	118	(74)
Net earnings attributable to Match Group, Inc. shareholders	$ 120,809	$ 180,533
Net earnings per share attributable to Match Group, Inc. shareholders:
Basic (USD per share)	$ 0.43	$ 0.63
Diluted (USD per share)	$ 0.42	$ 0.60
Stock-based compensation expense by function:
Stock-based compensation expense	$ 41,563	$ 42,295
Cost of revenue
Stock-based compensation expense by function:
Stock-based compensation expense	1,317	1,549
Selling and marketing expense
Stock-based compensation expense by function:
Stock-based compensation expense	1,913	1,653
General and administrative expense
Stock-based compensation expense by function:
Stock-based compensation expense	13,117	23,899
Product development expense
Stock-based compensation expense by function:
Stock-based compensation expense	$ 25,216	$ 15,194

CONSOLIDATED STATEMENT OF COMPR

CONSOLIDATED STATEMENT OF COMPREHENSIVE OPERATIONS (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Statement of Comprehensive Income [Abstract]
Net earnings	$ 120,691	$ 180,607
Other comprehensive loss, net of tax
Change in foreign currency translation adjustment	(34,444)	(45,848)
Total other comprehensive loss	(34,444)	(45,848)
Comprehensive income	86,247	134,759
Components of comprehensive loss attributable to noncontrolling interests:
Net loss (earnings) attributable to noncontrolling interests	118	(74)
Change in foreign currency translation adjustment attributable to noncontrolling interests	3	385
Comprehensive loss attributable to noncontrolling interests	121	311
Comprehensive income attributable to Match Group, Inc. shareholders	$ 86,368	$ 135,070

CONSOLIDATED STATEMENT OF SHARE

CONSOLIDATED STATEMENT OF SHAREHOLDERS' EQUITY (Unaudited) - USD ($) shares in Thousands, $ in Thousands	Total	Redeemable Noncontrolling Interests	Total Match Group Shareholders’ Equity	Common Stock	Additional Paid-in Capital	Retained (Deficit) Earnings	Accumulated Other Comprehensive Loss	Treasury Stock	Noncontrolling Interests
Balance at beginning of period at Dec. 31, 2021		$ 1,260
Increase (Decrease) in Redeemable Noncontrolling Interests
Net loss (earnings) attributable to noncontrolling interests	$ (74)	(442)
Adjustment of redeemable noncontrolling interests to fair value		(818)
Balance at end of period at Mar. 31, 2022		0
Balance at beginning of period at Dec. 31, 2021	(195,842)		$ (203,769)	$ 283	$ 8,164,216	$ (8,144,514)	$ (223,754)		$ 7,927
Balance at beginning of period (shares) at Dec. 31, 2021				283,470
Increase (Decrease) in Shareholders' Equity
Net (loss) earnings	181,049		180,533			180,533			516
Other comprehensive loss, net of tax	(45,848)		(45,463)				(45,463)		(385)
Stock-based compensation expense	45,105		45,105		45,105
Issuance of Match Group common stock pursuant to stock-based awards, net of withholding taxes	(90,665)		(90,665)	$ 3	(90,668)
Issuance of Match Group common stock pursuant to stock-based awards, net of withholding taxes (shares)				2,036
Adjustment of redeemable noncontrolling interests to fair value	818		818		818
Purchase of noncontrolling interest	(16,796)		6,672		6,672				(23,468)
Adjustment of noncontrolling interests to fair value	0		(16,085)		(16,085)				16,085
Other	405		405		405				0
Balance at end of period at Mar. 31, 2022	(121,774)		(122,449)	$ 286	8,110,463	(7,963,981)	(269,217)		675
Balance at end of period (shares) at Mar. 31, 2022				285,506
Balance at beginning of period at Dec. 31, 2022	0	0
Increase (Decrease) in Redeemable Noncontrolling Interests
Net loss (earnings) attributable to noncontrolling interests	118	(184)
Adjustment of redeemable noncontrolling interests to fair value		184
Balance at end of period at Mar. 31, 2023	0	$ 0
Balance at beginning of period at Dec. 31, 2022	(358,881)		(359,875)	$ 287	8,273,637	(7,782,568)	(369,182)	$ (482,049)	994
Balance at beginning of period (shares) at Dec. 31, 2022				286,817
Increase (Decrease) in Shareholders' Equity
Net (loss) earnings	120,875		120,809			120,809			66
Other comprehensive loss, net of tax	(34,444)		(34,441)				(34,441)		(3)
Stock-based compensation expense	44,400		44,400		44,400
Issuance of Match Group common stock pursuant to stock-based awards, net of withholding taxes	9,147		9,147	$ 1	9,146
Issuance of Match Group common stock pursuant to stock-based awards, net of withholding taxes (shares)				1,394
Adjustment of redeemable noncontrolling interests to fair value	(184)		(184)		(184)
Purchase of noncontrolling interest	(2,423)		734		734				(3,157)
Purchase of treasury stock	(113,006)		(113,006)					(113,006)
Adjustment of noncontrolling interests to fair value	0		(2,100)		(2,100)				2,100
Other	(2)		(2)		(2)
Balance at end of period at Mar. 31, 2023	$ (334,518)		$ (334,518)	$ 288	$ 8,325,631	$ (7,661,759)	$ (403,623)	$ (595,055)	$ 0
Balance at end of period (shares) at Mar. 31, 2023				288,211

CONSOLIDATED STATEMENT OF SHA_2

CONSOLIDATED STATEMENT OF SHAREHOLDERS' EQUITY (Unaudited) (Parenthetical) - $ / shares	Mar. 31, 2023	Mar. 31, 2022
Common stock, par value (USD per share)	$ 0.001
Common Stock
Common stock, par value (USD per share)	$ 0.001	$ 0.001

CONSOLIDATED STATEMENT OF CASH

CONSOLIDATED STATEMENT OF CASH FLOWS (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Cash flows from operating activities:
Net earnings	$ 120,691	$ 180,607
Adjustments to reconcile net earnings to net cash provided by operating activities:
Stock-based compensation expense	41,563	42,295
Depreciation	10,552	10,497
Amortization of intangibles	12,117	12,693
Deferred income taxes	11,711	(14,828)
Other adjustments, net	2,237	993
Changes in assets and liabilities
Accounts receivable	(65,728)	6,144
Other assets	(1,282)	27,074
Accounts payable and other liabilities	(34,427)	(24,868)
Income taxes payable and receivable	19,788	(9,957)
Deferred revenue	3,165	1,867
Net cash provided by operating activities	120,387	232,517
Cash flows from investing activities:
Capital expenditures	(19,843)	(17,657)
Other, net	53	2,997
Net cash used in investing activities	(19,790)	(14,660)
Cash flows from financing activities:
Payments to settle exchangeable notes	0	(47,677)
Proceeds from the settlement of exchangeable note hedges	0	32,058
Proceeds from issuance of common stock pursuant to stock-based awards	11,198	6,304
Withholding taxes paid on behalf of employees on net settled stock-based awards	(2,051)	(96,969)
Purchase of treasury stock	(112,502)	0
Purchase of noncontrolling interests	(1,577)	(10,329)
Net cash used in financing activities	(104,932)	(116,613)
Total cash (used) provided	(4,335)	101,244
Effect of exchange rate changes on cash, cash equivalents, and restricted cash	1,820	(4,197)
Net (decrease) increase in cash, cash equivalents, and restricted cash	(2,515)	97,047
Cash, cash equivalents, and restricted cash at beginning of period	572,516	815,512
Cash, cash equivalents, and restricted cash at end of period	$ 570,001	$ 912,559

THE COMPANY AND SUMMARY OF SIGN

THE COMPANY AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	3 Months Ended
THE COMPANY AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	Mar. 31, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract]
THE COMPANY AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	NOTE 1—THE COMPANY AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Match Group, Inc., through its portfolio companies, is a leading provider of digital technologies designed to help people make meaningful connections. Our global portfolio of brands includes Tinder ® , Match ® , Hinge ® , Meetic ® , OkCupid ® , Pairs™, Plenty Of Fish ® , OurTime ® , Azar ® , Hakuna Live™, and more, each built to increase our users’ likelihood of connecting with others. Through our trusted brands, we provide tailored services to meet the varying preferences of our users. Our services are available in over 40 languages to our users all over the world. Match Group has one operating segment, Connections, which is managed as a portfolio of brands. As used herein, “Match Group,” the “Company,” “we,” “our,” “us,” and similar terms refer to Match Group, Inc. and its subsidiaries, unless the context indicates otherwise. Basis of Presentation and Consolidation The Company prepares its consolidated financial statements in accordance with U.S. generally accepted accounting principles (“GAAP”). The consolidated financial statements include the accounts of the Company, all entities that are wholly-owned by the Company and all entities in which the Company has a controlling financial interest. Intercompany transactions and accounts have been eliminated. In management’s opinion, the unaudited interim consolidated financial statements have been prepared on the same basis as the annual consolidated financial statements and reflect, in management’s opinion, all adjustments, consisting of normal and recurring adjustments, necessary for the fair presentation of our consolidated financial position, consolidated results of operations and consolidated cash flows for the periods presented. Interim results are not necessarily indicative of the results that may be expected for the full year. The accompanying unaudited consolidated financial statements should be read in conjunction with the consolidated statements and notes thereto included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2022. Accounting Estimates Management of the Company is required to make certain estimates, judgments, and assumptions during the preparation of its consolidated financial statements in accordance with GAAP. These estimates, judgments, and assumptions impact the reported amounts of assets, liabilities, revenue, and expenses and the related disclosure of contingent assets and liabilities. Actual results could differ from these estimates. On an ongoing basis, the Company evaluates its estimates and judgments including those related to: the fair values of cash equivalents, the carrying value of accounts receivable, including the determination of the allowance for credit losses; the determination of revenue reserves; the carrying value of right-of-use assets; the useful lives and recoverability of definite-lived intangible assets and property and equipment; the recoverability of goodwill and indefinite-lived intangible assets; the fair value of equity securities without readily determinable fair values; contingencies; unrecognized tax benefits; the valuation allowance for deferred income tax assets; and the fair value of and forfeiture rates for stock-based awards, among others. The Company bases its estimates and judgments on historical experience, its forecasts and budgets, and other factors that the Company considers relevant. Accounting for Investments and Equity Securities Investments in equity securities, other than those of our consolidated subsidiaries, are accounted for at fair value or under the measurement alternative of the Financial Accounting Standards Board’s (“FASB”) Accounting Standards Update (“ASU”) No. 2016-01, Recognition and Measurement of Financial Assets and Financial Liabilities , with any changes to fair value recognized within other income (expense), net each reporting period. Under the measurement alternative, equity investments without readily determinable fair values are carried at cost minus impairment, if any, plus or minus changes resulting from observable price changes in orderly transactions for identical or a similar investment of the same issuer; value is generally determined based on a market approach as of the transaction date. A security will be considered identical or similar if it has identical or similar rights to the equity securities held by the Company. The Company reviews its equity securities without readily determinable fair values for impairment each reporting period when there are qualitative factors or events that indicate possible impairment. Factors we consider in making this determination include negative changes in industry and market conditions, financial performance, business prospects, and other relevant events and factors. When indicators of impairment exist, the Company prepares quantitative assessments of the fair value of our investments in equity securities, which require judgment and the use of estimates. When our assessment indicates that the fair value of the investment is below the carrying value, the Company writes down the security to its fair value and records the corresponding charge within other income (expense), net. Revenue Recognition Revenue is recognized when control of the promised services are transferred to our customers, and in the amount that reflects the consideration the Company expects to be entitled to in exchange for those services. Deferred Revenue Deferred revenue consists of advance payments that are received or are contractually due in advance of the Company's performance. The Company’s deferred revenue is reported on a contract by contract basis at the end of each reporting period. The Company classifies deferred revenue as current when the term of the applicable subscription period or expected completion of our performance obligation is one year or less. The current deferred revenue balance as of December 31, 2022 was $252.7 million. During the three months ended March 31, 2023, the Company recognized $193.2 million of revenue that was included in the deferred revenue balance as of December 31, 2022. The current deferred revenue balance at March 31, 2023 is $255.7 million. At March 31, 2023 and December 31, 2022, there was no non-current portion of deferred revenue. Practical Expedients and Exemptions As permitted under the practical expedient available under ASU No. 2014-09, Revenue from Contracts with Customers, the Company does not disclose the value of unsatisfied performance obligations for (i) contracts with an original expected length of one year or less, (ii) contracts with variable consideration that is allocated entirely to unsatisfied performance obligations or to a wholly unsatisfied promise accounted for under the series guidance, and (iii) contracts for which the Company recognizes revenue at the amount which we have the right to invoice for services performed. Disaggregation of Revenue The following table presents disaggregated revenue: Three Months Ended March 31, 2023 2022 (In thousands) Direct Revenue: Americas $ 405,927 $ 399,978 Europe 212,516 215,328 APAC and Other 155,995 168,527 Total Direct Revenue 774,438 783,833 Indirect Revenue (principally advertising revenue) 12,686 14,798 Total Revenue $ 787,124 $ 798,631 Direct Revenue: Tinder $ 441,146 $ 441,005 Hinge 82,753 64,963 Match Group Asia 75,661 87,209 Evergreen & Emerging 174,878 190,656 Total Direct Revenue $ 774,438 $ 783,833 Reclassifications Certain prior year amounts have been reclassified to conform to the current year presentation.

INCOME TAXES

INCOME TAXES	3 Months Ended
INCOME TAXES	Mar. 31, 2023
Income Tax Disclosure [Abstract]
INCOME TAXES	NOTE 2—INCOME TAXES At the end of each interim period, the Company estimates the annual effective income tax rate and applies that rate to its ordinary year-to-date earnings or loss. The income tax provision or benefit related to significant, unusual, or extraordinary items, if applicable, that will be separately reported or reported net of their related tax effects, is individually computed and recognized in the interim period in which it occurs. In addition, the effect of changes in enacted tax laws or rates, tax status, judgment on the realizability of beginning-of-the-year deferred tax assets in future years or unrecognized tax benefits is recognized in the interim period in which the change occurs. The computation of the estimated annual effective income tax rate at each interim period requires certain estimates and assumptions including, but not limited to, the expected pre-tax income (or loss) for the year, projections of the proportion of income (and/or loss) earned and taxed in foreign jurisdictions, permanent and temporary differences, and the likelihood of the realization of deferred tax assets generated in the current year. The accounting estimates used to compute the provision or benefit for income taxes may change as new events occur, more experience is acquired, additional information is obtained or our tax environment changes. To the extent that the estimated annual effective income tax rate changes during a quarter, the effect of the change on prior quarters is included in the income tax provision in the quarter in which the change occurs. For the three months ended March 31, 2023, the Company recorded an income tax provision of $41.6 million at an effective tax rate of 26%, which is higher than the U.S. federal statutory rate primarily due to a lower stock price on the date stock-based awards vested compared to the stock price used to determine the fair value of such awards at their grant date. This was partially offset by a lower tax rate on U.S. income derived from foreign sources. For the three months ended March 31, 2022, the Company recorded an income tax benefit of $6.9 million primarily due to excess tax benefits generated by the exercise or vesting of stock-based awards. Match Group is routinely under audit by federal, state, local, and foreign authorities in the area of income tax. These audits include a review of the timing and amount of income and deductions, and the allocation of such income and deductions among various tax jurisdictions. The Internal Revenue Service (“IRS”) has substantially completed its audit of the Company’s federal income tax returns for the years through December 31, 2019. Returns filed in various other jurisdictions are open to examination for tax years beginning with 2014. Although we believe that we have adequately reserved for our uncertain tax positions, the final tax outcome of these matters may vary significantly from our estimates. At March 31, 2023 and December 31, 2022, unrecognized tax benefits, including interest and penalties, were $42.2 million and $44.2 million, respectively. If unrecognized tax benefits at March 31, 2023 are subsequently recognized, income tax expense would be reduced by $30.4 million, net of related deferred tax assets and interest. The comparable amount as of December 31, 2022 was $31.3 million. The Company believes that it is reasonably possible that its unrecognized tax benefits could decrease by $0.6 million by March 31, 2024 due to expirations of statutes of limitations, which would reduce the income tax provision. The Company recognizes interest and, if applicable, penalties related to unrecognized tax benefits in the income tax provision. Accruals of interest and penalties for the three months ended March 31, 2023 and 2022 were not material. At March 31, 2023 and December 31, 2022, noncurrent income taxes payable includes accrued interest and penalties of $0.8 million and $1.2 million, respectively.

FINANCIAL INSTRUMENTS

FINANCIAL INSTRUMENTS	3 Months Ended
FINANCIAL INSTRUMENTS	Mar. 31, 2023
Fair Value Disclosures [Abstract]
FINANCIAL INSTRUMENTS	NOTE 3—FINANCIAL INSTRUMENTS Equity securities without readily determinable fair values At both March 31, 2023 and December 31, 2022, the carrying value of the Company’s investments in equity securities without readily determinable fair values totaled $14.2 million, and is included in “Other non-current assets” in the accompanying consolidated balance sheet. The cumulative downward adjustments (including impairments) to the carrying value of equity securities without readily determinable fair values through March 31, 2023 were $2.1 million. For both the three months ended March 31, 2023 and 2022, there were no adjustments to the carrying value of equity securities without readily determinable fair values. For all equity securities without readily determinable fair values as of March 31, 2023 and December 31, 2022, the Company has elected the measurement alternative. For the three months ended March 31, 2023 and 2022, under the measurement alternative election, the Company did not identify any fair value adjustments using observable price changes in orderly transactions for an identical or similar investment of the same issuer. Fair Value Measurements The Company categorizes its financial instruments measured at fair value into a fair value hierarchy that prioritizes the inputs used in pricing the asset or liability. The three levels of the fair value hierarchy are: • Level 1: Observable inputs obtained from independent sources, such as quoted market prices for identical assets and liabilities in active markets. • Level 2: Other inputs, which are observable directly or indirectly, such as quoted market prices for similar assets or liabilities in active markets, quoted market prices for identical or similar assets or liabilities in markets that are not active, and inputs that are derived principally from or corroborated by observable market data. The fair values of the Company’s Level 2 financial assets are primarily obtained from observable market prices for identical underlying securities that may not be actively traded. Certain of these securities may have different market prices from multiple market data sources, in which case an average market price is used. • Level 3: Unobservable inputs for which there is little or no market data and require the Company to develop its own assumptions, based on the best information available in the circumstances, about the assumptions market participants would use in pricing the assets or liabilities. The following tables present the Company’s financial instruments that are measured at fair value on a recurring basis: March 31, 2023 Quoted Market Significant Other Observable Inputs Total (In thousands) Assets: Cash equivalents: Money market funds $ 35,508 $ — $ 35,508 Short-term investments: Time deposits — 8,448 8,448 Total $ 35,508 $ 8,448 $ 43,956 December 31, 2022 Quoted Market Significant Other Observable Inputs Total (In thousands) Assets: Cash equivalents: Money market funds $ 77,150 $ — $ 77,150 Time deposits — 25,593 25,593 Short-term investments: Time deposits — 8,723 8,723 Total $ 77,150 $ 34,316 $ 111,466 Assets measured at fair value on a nonrecurring basis The Company’s non-financial assets, such as goodwill, intangible assets, property and equipment, and right-of-use assets, are adjusted to fair value only when an impairment charge is recognized. The Company’s financial assets, comprised of equity securities without readily determinable fair values, are adjusted to fair value when observable price changes are identified or an impairment charge is recognized. Such fair value measurements are based predominantly on Level 3 inputs. Financial instruments measured at fair value only for disclosure purposes The following table presents the carrying value and the fair value of financial instruments measured at fair value only for disclosure purposes. March 31, 2023 December 31, 2022 Carrying Value Fair Value Carrying Value Fair Value (In thousands) Long-term debt, net (a) (b) $ (3,837,322) $ (3,476,597) $ (3,835,726) $ (3,407,391) ______________________ (a) At March 31, 2023 and December 31, 2022, the carrying value of long-term debt, net includes unamortized original issue discount and debt issuance costs of $37.7 million and $39.3 million, respectively. (b) At March 31, 2023, the fair value of the 2026 Exchangeable Notes and 2030 Exchangeable Notes (described in “Note 4—Long-term Debt, net”) is $509.9 million and $493.1 million, respectively. At December 31, 2022, the fair value of the 2026 Exchangeable Notes and 2030 Exchangeable Notes is $514.4 million and $499.7 million, respectively. At March 31, 2023 and December 31, 2022, the fair value of long-term debt, net, is estimated using observable market prices or indices for similar liabilities, which are Level 2 inputs.

LONG-TERM DEBT, NET

LONG-TERM DEBT, NET	3 Months Ended
LONG-TERM DEBT, NET	Mar. 31, 2023
Debt Disclosure [Abstract]
LONG-TERM DEBT, NET	NOTE 4—LONG-TERM DEBT, NET Long-term debt consists of: March 31, 2023 December 31, 2022 (In thousands) Credit Facility due February 13, 2025 $ — $ — Term Loan due February 13, 2027 425,000 425,000 5.00% Senior Notes due December 15, 2027 (the “5.00% Senior Notes”); interest payable each June 15 and December 15 450,000 450,000 4.625% Senior Notes due June 1, 2028 (the “4.625% Senior Notes”); interest payable each June 1 and December 1 500,000 500,000 5.625% Senior Notes due February 15, 2029 (the “5.625% Senior Notes”); interest payable each February 15 and August 15 350,000 350,000 4.125% Senior Notes due August 1, 2030 (the “4.125% Senior Notes”); interest payable each February 1 and August 1 500,000 500,000 3.625% Senior Notes due October 1, 2031 (the “3.625% Senior Notes”); interest payable each April 1 and October 1 commencing on April 1, 2022 500,000 500,000 0.875% Exchangeable Senior Notes due June 15, 2026 (the “2026 Exchangeable Notes”); interest payable each June 15 and December 15 575,000 575,000 2.00% Exchangeable Senior Notes due January 15, 2030 (the “2030 Exchangeable Notes”); interest payable each January 15 and July 15 575,000 575,000 Total debt 3,875,000 3,875,000 Less: Unamortized original issue discount 4,148 4,366 Less: Unamortized debt issuance costs 33,530 34,908 Total long-term debt, net $ 3,837,322 $ 3,835,726 Credit Facility and Term Loan Our wholly-owned subsidiary, Match Group Holdings II, LLC (“MG Holdings II”), is the borrower under a credit agreement (as amended, the “Credit Agreement”) that provides for the Credit Facility and the Term Loan. The Credit Agreement provides for a benchmark replacement should the LIBOR rate not be available in the future. The rate used would be agreed to between the administrative agent and the Company and may be based upon a secured overnight financing rate at the Federal Reserve Bank of New York. Additional information about the benchmark replacement can be found in Amendment No. 6 to the Credit Agreement. The Credit Facility has a borrowing capacity of $750 million and matures on February 13, 2025. At both March 31, 2023 and December 31, 2022, there were no outstanding borrowings, $0.4 million in outstanding letters of credit, and $749.6 million of availability under the Credit Facility. The annual commitment fee on undrawn funds, which is based on MG Holdings II’s consolidated net leverage ratio, was 25 basis points as of March 31, 2023. Borrowings under the Credit Facility bear interest, at MG Holdings II’s option, at a base rate or LIBOR, in each case plus an applicable margin, based on MG Holdings II’s consolidated net leverage ratio. If MG Holdings II borrows under the Credit Facility, it will be required to maintain a consolidated net leverage ratio of not more than 5.0 to 1.0. At both March 31, 2023 and December 31, 2022, the outstanding balance on the Term Loan was $425 million. The Term Loan bears interest at LIBOR plus 1.75%, which was 6.71% and 6.49% at March 31, 2023 and December 31, 2022, respectively. The Term Loan matures on February 13, 2027. Interest payments are due at least quarterly through the term of the loan. The Term Loan provides for annual principal payments as part of an excess cash flow sweep provision, the amount of which, if any, is governed by the secured net leverage ratio as set forth in the Credit Agreement. The Credit Agreement includes covenants that would limit the ability of MG Holdings II to pay dividends, make distributions, or repurchase MG Holdings II’s stock in the event MG Holdings II’s secured net leverage ratio exceeds 2.0 to 1.0, while the Term Loan remains outstanding and, thereafter, if MG Holdings II’s consolidated net leverage ratio exceeds 4.0 to 1.0, or if an event of default has occurred. The Credit Agreement includes additional covenants that limit the ability of MG Holdings II and its subsidiaries to, among other things, incur indebtedness, pay dividends or make distributions. Obligations under the Credit Facility and Term Loan are unconditionally guaranteed by certain MG Holdings II wholly-owned domestic subsidiaries and are also secured by the stock of certain MG Holdings II domestic and foreign subsidiaries. The Term Loan and outstanding borrowings, if any, under the Credit Facility, rank equally with each other, and have priority over the Senior Notes to the extent of the value of the assets securing the borrowings under the Credit Agreement. Senior Notes The 5.00% Senior Notes were issued on December 4, 2017. These notes may be redeemed at redemption prices set forth in the indenture governing the notes, together with accrued and unpaid interest to the applicable redemption date. The 4.625% Senior Notes were issued on May 19, 2020. At any time prior to June 1, 2023, these notes may be redeemed at a redemption price equal to the sum of the principal amount, plus accrued and unpaid interest and a make-whole premium set forth in the indenture governing the notes. Thereafter, these notes may be redeemed at redemption prices set forth in the indenture governing the notes, together with accrued and unpaid interest to the applicable redemption date. The 5.625% Senior Notes were issued on February 15, 2019. At any time prior to February 15, 2024, these notes may be redeemed at a redemption price equal to the sum of the principal amount, plus accrued and unpaid interest and a make-whole premium set forth in the indenture governing the notes. Thereafter, these notes may be redeemed at redemption prices set forth in the indenture governing the notes, together with accrued and unpaid interest to the applicable redemption date. The 4.125% Senior Notes were issued on February 11, 2020. At any time prior to May 1, 2025, these notes may be redeemed at a redemption price equal to the sum of the principal amount, plus accrued and unpaid interest and a make-whole premium set forth in the indenture governing the notes. Thereafter, these notes may be redeemed at redemption prices set forth in the indenture governing the notes, together with accrued and unpaid interest to the applicable redemption date. The 3.625% Senior Notes were issued on October 4, 2021. At any time prior to October 1, 2026, these notes may be redeemed at a redemption price equal to the sum of the principal amount, plus accrued and unpaid interest and a make-whole premium set forth in the indenture governing the notes. Thereafter, these notes may be redeemed at redemption prices set forth in the indenture governing the notes, together with accrued and unpaid interest to the applicable redemption date. The indenture governing the 5.00% Senior Notes contains covenants that would limit MG Holdings II’s ability to pay dividends or to make distributions and repurchase or redeem MG Holdings II’s stock in the event a default has occurred or MG Holdings II’s consolidated leverage ratio (as defined in the indenture) exceeds 5.0 to 1.0. No such limitations were in effect at March 31, 2023. There are additional covenants in the 5.00% Senior Notes indenture that limit the ability of MG Holdings II and its subsidiaries to, among other things, (i) incur indebtedness, make investments, or sell assets in the event MG Holdings II is not in compliance with specified financial ratios, and (ii) incur liens, enter into agreements restricting their ability to pay dividends, enter into transactions with affiliates, or consolidate, merge or sell substantially all of their assets. The indentures governing the 3.625%, 4.125%, 4.625%, and 5.625% Senior Notes are less restrictive than the indenture governing the 5.00% Senior Notes and generally only limit MG Holdings II’s and its subsidiaries’ ability to, among other things, create liens on assets, or consolidate, merge, sell or otherwise dispose of all or substantially all of their assets. The Senior Notes all rank equally in right of payment. Exchangeable Notes During 2019, Match Group FinanceCo 2, Inc. and Match Group FinanceCo 3, Inc., direct, wholly-owned subsidiaries of the Company, issued $575.0 million aggregate principal amount of its 2026 Exchangeable Notes and $575.0 million aggregate principal amount of its 2030 Exchangeable Notes, respectively. The 2026 and 2030 Exchangeable Notes (collectively the “Exchangeable Notes”) are guaranteed by the Company but are not guaranteed by MG Holdings II or any of its subsidiaries. The following table presents details of the exchangeable features: Number of shares of the Company’s Common Stock into which each $1,000 of Principal of the Exchangeable Notes is Exchangeable (a) Approximate Equivalent Exchange Price per Share (a) Exchangeable Date 2026 Exchangeable Notes 11.4259 $ 87.52 March 15, 2026 2030 Exchangeable Notes 11.8739 $ 84.22 October 15, 2029 ______________________ (a) Subject to adjustment upon the occurrence of specified events. As more specifically set forth in the applicable indentures, the Exchangeable Notes are exchangeable under the following circumstances: (1) during any calendar quarter (and only during such calendar quarter), if the last reported sale price of the Company's common stock for at least 20 trading days (whether or not consecutive) during the period of 30 consecutive trading days ending on, and including, the last trading day of the immediately preceding calendar quarter is greater than or equal to 130% of the exchange price on each applicable trading day; (2) during the five five (3) if the issuer calls the notes for redemption, at any time prior to the close of business on the scheduled trading day immediately preceding the redemption date; or (4) upon the occurrence of specified corporate events as further described in the indentures governing the respective Exchangeable Notes. On or after the respective exchangeable dates noted in the table above, until the close of business on the second scheduled trading day immediately preceding the maturity date, holders may exchange all or any portion of their Exchangeable Notes regardless of the foregoing conditions. Upon exchange, the issuer, in its sole discretion, has the option to settle the Exchangeable Notes with cash, shares of the Company’s common stock, or a combination of cash and shares of the Company's common stock. Any shares issued in further settlement of the notes would be offset by shares received upon exercise of the Exchangeable Note Hedges (described below). No 2026 or 2030 Exchangeable Notes were presented for exchange during the three months ended March 31, 2023. Neither of the 2026 and 2030 Exchangeable Notes were exchangeable as of March 31, 2023. At both March 31, 2023 and December 31, 2022, there was no value in excess of the principal of each of the 2026 and 2030 Exchangeable Notes outstanding on an if-converted basis using the Company’s stock price on March 31, 2023 and December 31, 2022, respectively. Additionally, all or any portion of the 2026 Exchangeable Notes and 2030 Exchangeable Notes may be redeemed for cash, at the respective issuer’s option, on or after June 20, 2023 and July 20, 2026, respectively, if the last reported sale price of the Company’s common stock has been at least 130% of the exchange price then in effect for at least 20 trading days (whether or not consecutive), including at least one of the five trading days immediately preceding the date on which the notice of redemption is provided, during any 30 consecutive trading day period ending on, and including, the trading day immediately preceding the date on which the applicable issuer provides notice of redemption, at a redemption price equal to 100% of the principal amount to be redeemed, plus accrued and unpaid interest to, but excluding, the redemption date. The following table sets forth the components of the outstanding Exchangeable Notes as of March 31, 2023 and December 31, 2022: March 31, 2023 December 31, 2022 2026 Exchangeable Notes 2030 Exchangeable Notes 2026 Exchangeable Notes 2030 Exchangeable Notes (In thousands) Principal $ 575,000 $ 575,000 $ 575,000 $ 575,000 Less: Unamortized debt issuance costs 5,171 7,395 5,562 7,645 Net carrying value included in long-term debt, net $ 569,829 $ 567,605 $ 569,438 $ 567,355 The following table sets forth interest expense recognized related to the Exchangeable Notes: Three Months Ended March 31, 2023 Three Months Ended March 31, 2022 2026 Exchangeable Notes 2030 Exchangeable Notes 2022 Exchangeable Notes (a) 2026 Exchangeable Notes 2030 Exchangeable Notes (In thousands) Contractual interest expense $ 1,258 $ 2,875 $ 186 $ 1,258 $ 2,875 Amortization of debt issuance costs 391 250 150 386 245 Total interest expense recognized $ 1,649 $ 3,125 $ 336 $ 1,644 $ 3,120 ______________________ (a) The Company’s 0.875% Exchangeable Senior Notes due October 1, 2022 (the “2022 Exchangeable Notes”), the outstanding balance of which was fully redeemed during the year ended December 31, 2022. The effective interest rates for the 2026 and 2030 Exchangeable Notes are 1.2% and 2.2%, respectively. Exchangeable Notes Hedges and Warrants In connection with the Exchangeable Notes offerings, the Company purchased call options allowing the Company to purchase initially (subject to adjustment upon the occurrence of specified events) the same number of shares that would be issuable upon the exchange of the applicable Exchangeable Notes at the prices per share set forth below (the “Exchangeable Notes Hedge”), and sold warrants allowing the counterparty to purchase (subject to adjustment upon the occurrence of specified events) shares at the per share prices set forth below (the “Exchangeable Notes Warrants”). The Exchangeable Notes Hedges are expected to reduce the potential dilutive effect on the Company’s common stock upon any exchange of Exchangeable Notes and/or offset any cash payment Match Group FinanceCo 2, Inc. or Match Group FinanceCo 3, Inc. is required to make in excess of the principal amount of the exchanged notes. The Exchangeable Notes Warrants have a dilutive effect on the Company’s common stock to the extent that the market price per share of the Company common stock exceeds their respective strike prices. The following tables present details of the Exchangeable Notes Hedges and Warrants outstanding at March 31, 2023: Number of Shares (a) Approximate Equivalent Exchange Price per Share (a) (Shares in millions) 2026 Exchangeable Notes Hedge 6.6 $ 87.52 2030 Exchangeable Notes Hedge 6.8 $ 84.22 Number of Shares (a) Weighted Average Strike Price per Share (a) (Shares in millions) 2022 Exchangeable Notes Warrants (b) 0.4 $ 68.22 2026 Exchangeable Notes Warrants 6.6 $ 134.76 2030 Exchangeable Notes Warrants 6.8 $ 134.82 ______________________ (a) Subject to adjustment upon the occurrence of specified events. (b) The outstanding 2022 Exchangeable Notes Warrants at March 31, 2023 are exercised ratably over 80 trading days, which commenced on the first trading date following the expiration date through April 27, 2023. No cash or shares were provided on exercise as the Company’s stock price was below the strike price.

ACCUMULATED OTHER COMPREHENSIVE

ACCUMULATED OTHER COMPREHENSIVE LOSS	3 Months Ended
ACCUMULATED OTHER COMPREHENSIVE LOSS	Mar. 31, 2023
Equity [Abstract]
ACCUMULATED OTHER COMPREHENSIVE LOSS	NOTE 5—ACCUMULATED OTHER COMPREHENSIVE LOSS The following table presents the components of accumulated other comprehensive loss. For the three months ended March 31, 2023 and 2022, the Company’s accumulated other comprehensive loss relates to foreign currency translation adjustments. Three Months Ended March 31, 2023 2022 (In thousands) Balance at January 1 $ (369,182) $ (223,754) Other comprehensive loss (34,441) (45,463) Balance at March 31 $ (403,623) $ (269,217) At both March 31, 2023 and 2022, there was no tax benefit or provision on the accumulated other comprehensive loss.

EARNINGS PER SHARE

EARNINGS PER SHARE	3 Months Ended
EARNINGS PER SHARE	Mar. 31, 2023
Earnings Per Share [Abstract]
EARNINGS PER SHARE	NOTE 6—EARNINGS PER SHARE The following table sets forth the computation of the basic and diluted earnings per share attributable to Match Group shareholders: Three Months Ended March 31, 2023 2022 Basic Diluted Basic Diluted (In thousands, except per share data) Numerator Net earnings $ 120,691 $ 120,691 $ 180,607 $ 180,607 Net loss (earnings) attributable to noncontrolling interests 118 118 (74) (74) Impact from subsidiaries’ dilutive securities — (30) — (98) Interest on dilutive Exchangeable Notes, net of income tax (a) — 3,179 — 3,339 Net earnings attributable to Match Group, Inc. shareholders $ 120,809 $ 123,958 $ 180,533 $ 183,774 Denominator Weighted average basic shares outstanding 279,260 279,260 284,459 284,459 Dilutive securities (b)(c) — 3,993 — 7,116 Dilutive shares from Exchangeable Notes, if-converted (a) — 13,397 — 15,327 Denominator for earnings per share—weighted average shares (b)(c) 279,260 296,650 284,459 306,902 Earnings per share: Earnings per share attributable to Match Group, Inc. shareholders $ 0.43 $ 0.42 $ 0.63 $ 0.60 ______________________ (a) The Company uses the if-converted method for calculating the dilutive impact of the outstanding Exchangeable Notes. For the three months ended March 31, 2023, the Company adjusted net earnings attributable to Match Group, Inc. shareholders for the cash interest expense, net of income taxes, incurred on the 2026 and 2030 Exchangeable Notes. Dilutive shares were also included for the same series of Exchangeable Notes. For the three months ended March 31, 2022, the Company adjusted net earnings from continuing operations attributable to Match Group, Inc. shareholders for the cash interest expense, net of income taxes, incurred on the 2022, 2026, and 2030 Exchangeable Notes. Dilutive shares were also included for the same series of Exchangeable Notes. (b) If the effect is dilutive, weighted average common shares outstanding include the incremental shares that would be issued upon the assumed exercise of stock options, warrants, and subsidiary denominated equity and vesting of restricted stock units. For the three months ended March 31, 2023 and 2022, 17.3 million and 1.2 million potentially dilutive securities, respectively, are excluded from the calculation of diluted earnings per share because their inclusion would have been anti-dilutive. (c) Market-based awards and performance-based restricted stock units (“PSUs”) are considered contingently issuable shares. Shares issuable upon exercise or vesting of market-based awards and PSUs are included in the denominator for earnings per share if (i) the applicable market or performance condition(s) has been met and (ii) the inclusion of the market-based awards and PSUs is dilutive for the respective reporting periods. For the three months ended March 31, 2023 and 2022, 2.6 million and 1.4 million shares, respectively, underlying market-based awards and PSUs, were excluded from the calculation of diluted earnings per share because the market or performance conditions had not been met.

CONSOLIDATED FINANCIAL STATEMEN

CONSOLIDATED FINANCIAL STATEMENT DETAILS	3 Months Ended
CONSOLIDATED FINANCIAL STATEMENT DETAILS	Mar. 31, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract]
CONSOLIDATED FINANCIAL STATEMENT DETAILS	NOTE 7—CONSOLIDATED FINANCIAL STATEMENT DETAILS Cash, Cash Equivalents, and Restricted Cash The following table provides a reconciliation of cash, cash equivalents and restricted cash reported within the consolidated balance sheet to the total amounts shown in the consolidated statement of cash flows: March 31, 2023 December 31, 2022 March 31, 2022 December 31, 2021 (In thousands) Cash and cash equivalents $ 569,879 $ 572,395 $ 912,434 $ 815,384 Restricted cash included in other current assets 122 121 125 128 Total cash, cash equivalents, and restricted cash as shown on the consolidated statement of cash flows $ 570,001 $ 572,516 $ 912,559 $ 815,512

CONTINGENCIES

CONTINGENCIES	3 Months Ended
CONTINGENCIES	Mar. 31, 2023
Commitments and Contingencies Disclosure [Abstract]
CONTINGENCIES	NOTE 8—CONTINGENCIES In the ordinary course of business, the Company is a party to various lawsuits. The Company establishes reserves for specific legal matters when it determines that the likelihood of an unfavorable outcome is probable and the loss is reasonably estimable. Management has also identified certain other legal matters where we believe an unfavorable outcome is not probable and, therefore, no reserve is established. Although management currently believes that resolving claims against us, including claims where an unfavorable outcome is reasonably possible, will not have a material impact on the liquidity, results of operations, or financial condition of the Company, these matters are subject to inherent uncertainties and management’s view of these matters may change in the future. The Company also evaluates other contingent matters, including income and non-income tax contingencies, to assess the likelihood of an unfavorable outcome and estimated extent of potential loss. It is possible that an unfavorable outcome of one or more of these lawsuits or other contingencies could have a material impact on the liquidity, results of operations, or financial condition of the Company. See “Note 2—Income Taxes” for additional information related to income tax contingencies. The official names of legal proceedings in the descriptions below (shown in italics) reflect the original names of the parties when the proceedings were filed as opposed to the current names of the parties following the separation of Match Group and IAC. FTC Lawsuit Against Former Match Group On September 25, 2019, the United States Federal Trade Commission (the “FTC”) filed a lawsuit in federal district court in Texas against Former Match Group. See FTC v. Match Group, Inc. , No. 3:19:cv-02281-K (Northern District of Texas). The complaint alleges that, prior to mid-2018, for marketing purposes Match.com notified non-paying users that other users were attempting to communicate with them, even though Match.com had identified those subscriber accounts as potentially fraudulent, thereby inducing non-paying users to subscribe and exposing them to the risk of fraud should they subscribe. The complaint also challenges the adequacy of Match.com’s disclosure of the terms of its six-month guarantee, the efficacy of its cancellation process, and its handling of chargeback disputes. The complaint seeks among other things permanent injunctive relief, civil penalties, restitution, disgorgement, and costs of suit. On March 24, 2022, the court granted our motion to dismiss with prejudice on Claims I and II of the complaint relating to communication notifications and granted our motion to dismiss with respect to all requests for monetary damages on Claims III and IV relating to the guarantee offer and chargeback policy. On July 19, 2022, the FTC filed an amended complaint adding Match Group, LLC as a defendant. We believe that the FTC’s claims regarding Match.com’s practices, policies, and procedures are without merit and will defend vigorously against them.

THE COMPANY AND SUMMARY OF SI_2

THE COMPANY AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	3 Months Ended
	Mar. 31, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Nature of Operations	Match Group, Inc., through its portfolio companies, is a leading provider of digital technologies designed to help people make meaningful connections. Our global portfolio of brands includes Tinder ® , Match ® , Hinge ® , Meetic ® , OkCupid ® , Pairs™, Plenty Of Fish ® , OurTime ® , Azar ® , Hakuna Live™, and more, each built to increase our users’ likelihood of connecting with others. Through our trusted brands, we provide tailored services to meet the varying preferences of our users. Our services are available in over 40 languages to our users all over the world. Match Group has one operating segment, Connections, which is managed as a portfolio of brands.
Basis of Presentation and Consolidation	Basis of Presentation and Consolidation The Company prepares its consolidated financial statements in accordance with U.S. generally accepted accounting principles (“GAAP”). The consolidated financial statements include the accounts of the Company, all entities that are wholly-owned by the Company and all entities in which the Company has a controlling financial interest. Intercompany transactions and accounts have been eliminated. In management’s opinion, the unaudited interim consolidated financial statements have been prepared on the same basis as the annual consolidated financial statements and reflect, in management’s opinion, all adjustments, consisting of normal and recurring adjustments, necessary for the fair presentation of our consolidated financial position, consolidated results of operations and consolidated cash flows for the periods presented. Interim results are not necessarily indicative of the results that may be expected for the full year. The accompanying unaudited consolidated financial statements should be read in conjunction with the consolidated statements and notes thereto included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2022.
Accounting Estimates	Accounting Estimates Management of the Company is required to make certain estimates, judgments, and assumptions during the preparation of its consolidated financial statements in accordance with GAAP. These estimates, judgments, and assumptions impact the reported amounts of assets, liabilities, revenue, and expenses and the related disclosure of contingent assets and liabilities. Actual results could differ from these estimates. On an ongoing basis, the Company evaluates its estimates and judgments including those related to: the fair values of cash equivalents, the carrying value of accounts receivable, including the determination of the allowance for credit losses; the determination of revenue reserves; the carrying value of right-of-use assets; the useful lives and recoverability of definite-lived intangible assets and property and equipment; the recoverability of goodwill and indefinite-lived intangible assets; the fair value of equity securities without readily determinable fair values; contingencies; unrecognized tax benefits; the valuation allowance for deferred income tax assets; and the fair value of and forfeiture rates for stock-based awards, among others. The Company bases its estimates and judgments on historical experience, its forecasts and budgets, and other factors that the Company considers relevant.
Accounting for Investments and Equity Securities	Accounting for Investments and Equity Securities Investments in equity securities, other than those of our consolidated subsidiaries, are accounted for at fair value or under the measurement alternative of the Financial Accounting Standards Board’s (“FASB”) Accounting Standards Update (“ASU”) No. 2016-01, Recognition and Measurement of Financial Assets and Financial Liabilities , with any changes to fair value recognized within other income (expense), net each reporting period. Under the measurement alternative, equity investments without readily determinable fair values are carried at cost minus impairment, if any, plus or minus changes resulting from observable price changes in orderly transactions for identical or a similar investment of the same issuer; value is generally determined based on a market approach as of the transaction date. A security will be considered identical or similar if it has identical or
Revenue Recognition	Revenue Recognition Revenue is recognized when control of the promised services are transferred to our customers, and in the amount that reflects the consideration the Company expects to be entitled to in exchange for those services. Deferred Revenue Deferred revenue consists of advance payments that are received or are contractually due in advance of the Company's performance. The Company’s deferred revenue is reported on a contract by contract basis at the end of each reporting period. The Company classifies deferred revenue as current when the term of the applicable subscription period or expected completion of our performance obligation is one year or less. The current deferred revenue balance as of December 31, 2022 was $252.7 million. During the three months ended March 31, 2023, the Company recognized $193.2 million of revenue that was included in the deferred revenue balance as of December 31, 2022. The current deferred revenue balance at March 31, 2023 is $255.7 million. At March 31, 2023 and December 31, 2022, there was no non-current portion of deferred revenue. Practical Expedients and Exemptions As permitted under the practical expedient available under ASU No. 2014-09, Revenue from Contracts with Customers, the Company does not disclose the value of unsatisfied performance obligations for (i) contracts with an original expected length of one year or less, (ii) contracts with variable consideration that is allocated entirely to unsatisfied performance obligations or to a wholly unsatisfied promise accounted for under the series guidance, and (iii) contracts for which the Company recognizes revenue at the amount which we have the right to invoice for services performed.
Reclassifications	Reclassifications Certain prior year amounts have been reclassified to conform to the current year presentation.

THE COMPANY AND SUMMARY OF SI_3

THE COMPANY AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)	3 Months Ended
	Mar. 31, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Schedule of Disaggregation of Revenue	The following table presents disaggregated revenue: Three Months Ended March 31, 2023 2022 (In thousands) Direct Revenue: Americas $ 405,927 $ 399,978 Europe 212,516 215,328 APAC and Other 155,995 168,527 Total Direct Revenue 774,438 783,833 Indirect Revenue (principally advertising revenue) 12,686 14,798 Total Revenue $ 787,124 $ 798,631 Direct Revenue: Tinder $ 441,146 $ 441,005 Hinge 82,753 64,963 Match Group Asia 75,661 87,209 Evergreen & Emerging 174,878 190,656 Total Direct Revenue $ 774,438 $ 783,833

FINANCIAL INSTRUMENTS (Tables)

FINANCIAL INSTRUMENTS (Tables)	3 Months Ended
FINANCIAL INSTRUMENTS (Tables)	Mar. 31, 2023
Fair Value Disclosures [Abstract]
Schedule of Assets and Liabilities Measured at Fair Value on a Recurring Basis	The following tables present the Company’s financial instruments that are measured at fair value on a recurring basis: March 31, 2023 Quoted Market Significant Other Observable Inputs Total (In thousands) Assets: Cash equivalents: Money market funds $ 35,508 $ — $ 35,508 Short-term investments: Time deposits — 8,448 8,448 Total $ 35,508 $ 8,448 $ 43,956 December 31, 2022 Quoted Market Significant Other Observable Inputs Total (In thousands) Assets: Cash equivalents: Money market funds $ 77,150 $ — $ 77,150 Time deposits — 25,593 25,593 Short-term investments: Time deposits — 8,723 8,723 Total $ 77,150 $ 34,316 $ 111,466
Schedule of Carrying Value and Fair Value of Financial Instruments	The following table presents the carrying value and the fair value of financial instruments measured at fair value only for disclosure purposes. March 31, 2023 December 31, 2022 Carrying Value Fair Value Carrying Value Fair Value (In thousands) Long-term debt, net (a) (b) $ (3,837,322) $ (3,476,597) $ (3,835,726) $ (3,407,391) ______________________ (a) At March 31, 2023 and December 31, 2022, the carrying value of long-term debt, net includes unamortized original issue discount and debt issuance costs of $37.7 million and $39.3 million, respectively.

LONG-TERM DEBT, NET (Tables)

LONG-TERM DEBT, NET (Tables)	3 Months Ended
LONG-TERM DEBT, NET (Tables)	Mar. 31, 2023
Debt Disclosure [Abstract]
Schedule of Long-Term Debt	Long-term debt consists of: March 31, 2023 December 31, 2022 (In thousands) Credit Facility due February 13, 2025 $ — $ — Term Loan due February 13, 2027 425,000 425,000 5.00% Senior Notes due December 15, 2027 (the “5.00% Senior Notes”); interest payable each June 15 and December 15 450,000 450,000 4.625% Senior Notes due June 1, 2028 (the “4.625% Senior Notes”); interest payable each June 1 and December 1 500,000 500,000 5.625% Senior Notes due February 15, 2029 (the “5.625% Senior Notes”); interest payable each February 15 and August 15 350,000 350,000 4.125% Senior Notes due August 1, 2030 (the “4.125% Senior Notes”); interest payable each February 1 and August 1 500,000 500,000 3.625% Senior Notes due October 1, 2031 (the “3.625% Senior Notes”); interest payable each April 1 and October 1 commencing on April 1, 2022 500,000 500,000 0.875% Exchangeable Senior Notes due June 15, 2026 (the “2026 Exchangeable Notes”); interest payable each June 15 and December 15 575,000 575,000 2.00% Exchangeable Senior Notes due January 15, 2030 (the “2030 Exchangeable Notes”); interest payable each January 15 and July 15 575,000 575,000 Total debt 3,875,000 3,875,000 Less: Unamortized original issue discount 4,148 4,366 Less: Unamortized debt issuance costs 33,530 34,908 Total long-term debt, net $ 3,837,322 $ 3,835,726 The following table presents details of the exchangeable features: Number of shares of the Company’s Common Stock into which each $1,000 of Principal of the Exchangeable Notes is Exchangeable (a) Approximate Equivalent Exchange Price per Share (a) Exchangeable Date 2026 Exchangeable Notes 11.4259 $ 87.52 March 15, 2026 2030 Exchangeable Notes 11.8739 $ 84.22 October 15, 2029 ______________________ (a) Subject to adjustment upon the occurrence of specified events.
Schedule of Interest Expense, Exchangeable Notes	The following table sets forth interest expense recognized related to the Exchangeable Notes: Three Months Ended March 31, 2023 Three Months Ended March 31, 2022 2026 Exchangeable Notes 2030 Exchangeable Notes 2022 Exchangeable Notes (a) 2026 Exchangeable Notes 2030 Exchangeable Notes (In thousands) Contractual interest expense $ 1,258 $ 2,875 $ 186 $ 1,258 $ 2,875 Amortization of debt issuance costs 391 250 150 386 245 Total interest expense recognized $ 1,649 $ 3,125 $ 336 $ 1,644 $ 3,120 ______________________ (a) The Company’s 0.875% Exchangeable Senior Notes due October 1, 2022 (the “2022 Exchangeable Notes”), the outstanding balance of which was fully redeemed during the year ended December 31, 2022.
Schedule of Exchangeable Notes Hedges and Warrants	The following table sets forth the components of the outstanding Exchangeable Notes as of March 31, 2023 and December 31, 2022: March 31, 2023 December 31, 2022 2026 Exchangeable Notes 2030 Exchangeable Notes 2026 Exchangeable Notes 2030 Exchangeable Notes (In thousands) Principal $ 575,000 $ 575,000 $ 575,000 $ 575,000 Less: Unamortized debt issuance costs 5,171 7,395 5,562 7,645 Net carrying value included in long-term debt, net $ 569,829 $ 567,605 $ 569,438 $ 567,355 The following tables present details of the Exchangeable Notes Hedges and Warrants outstanding at March 31, 2023: Number of Shares (a) Approximate Equivalent Exchange Price per Share (a) (Shares in millions) 2026 Exchangeable Notes Hedge 6.6 $ 87.52 2030 Exchangeable Notes Hedge 6.8 $ 84.22 Number of Shares (a) Weighted Average Strike Price per Share (a) (Shares in millions) 2022 Exchangeable Notes Warrants (b) 0.4 $ 68.22 2026 Exchangeable Notes Warrants 6.6 $ 134.76 2030 Exchangeable Notes Warrants 6.8 $ 134.82 ______________________ (a) Subject to adjustment upon the occurrence of specified events. (b) The outstanding 2022 Exchangeable Notes Warrants at March 31, 2023 are exercised ratably over 80 trading days, which commenced on the first trading date following the expiration date through April 27, 2023. No cash or shares were provided on exercise as the Company’s stock price was below the strike price.

ACCUMULATED OTHER COMPREHENSI_2

ACCUMULATED OTHER COMPREHENSIVE LOSS (Tables)	3 Months Ended
ACCUMULATED OTHER COMPREHENSIVE LOSS (Tables)	Mar. 31, 2023
Equity [Abstract]
Schedule of Accumulated Other Comprehensive Loss	The following table presents the components of accumulated other comprehensive loss. For the three months ended March 31, 2023 and 2022, the Company’s accumulated other comprehensive loss relates to foreign currency translation adjustments. Three Months Ended March 31, 2023 2022 (In thousands) Balance at January 1 $ (369,182) $ (223,754) Other comprehensive loss (34,441) (45,463) Balance at March 31 $ (403,623) $ (269,217)

EARNINGS PER SHARE (Tables)

EARNINGS PER SHARE (Tables)	3 Months Ended
EARNINGS PER SHARE (Tables)	Mar. 31, 2023
Earnings Per Share [Abstract]
Schedule of Computation of Basic and Diluted Earnings per Share	The following table sets forth the computation of the basic and diluted earnings per share attributable to Match Group shareholders: Three Months Ended March 31, 2023 2022 Basic Diluted Basic Diluted (In thousands, except per share data) Numerator Net earnings $ 120,691 $ 120,691 $ 180,607 $ 180,607 Net loss (earnings) attributable to noncontrolling interests 118 118 (74) (74) Impact from subsidiaries’ dilutive securities — (30) — (98) Interest on dilutive Exchangeable Notes, net of income tax (a) — 3,179 — 3,339 Net earnings attributable to Match Group, Inc. shareholders $ 120,809 $ 123,958 $ 180,533 $ 183,774 Denominator Weighted average basic shares outstanding 279,260 279,260 284,459 284,459 Dilutive securities (b)(c) — 3,993 — 7,116 Dilutive shares from Exchangeable Notes, if-converted (a) — 13,397 — 15,327 Denominator for earnings per share—weighted average shares (b)(c) 279,260 296,650 284,459 306,902 Earnings per share: Earnings per share attributable to Match Group, Inc. shareholders $ 0.43 $ 0.42 $ 0.63 $ 0.60 ______________________ (a) The Company uses the if-converted method for calculating the dilutive impact of the outstanding Exchangeable Notes. For the three months ended March 31, 2023, the Company adjusted net earnings attributable to Match Group, Inc. shareholders for the cash interest expense, net of income taxes, incurred on the 2026 and 2030 Exchangeable Notes. Dilutive shares were also included for the same series of Exchangeable Notes. For the three months ended March 31, 2022, the Company adjusted net earnings from continuing operations attributable to Match Group, Inc. shareholders for the cash interest expense, net of income taxes, incurred on the 2022, 2026, and 2030 Exchangeable Notes. Dilutive shares were also included for the same series of Exchangeable Notes. (b) If the effect is dilutive, weighted average common shares outstanding include the incremental shares that would be issued upon the assumed exercise of stock options, warrants, and subsidiary denominated equity and vesting of restricted stock units. For the three months ended March 31, 2023 and 2022, 17.3 million and 1.2 million potentially dilutive securities, respectively, are excluded from the calculation of diluted earnings per share because their inclusion would have been anti-dilutive. (c) Market-based awards and performance-based restricted stock units (“PSUs”) are considered contingently issuable shares. Shares issuable upon exercise or vesting of market-based awards and PSUs are included in the denominator for earnings per share if (i) the applicable market or performance condition(s) has been met and (ii) the inclusion of the market-based awards and PSUs is dilutive for the respective reporting periods. For the three months ended March 31, 2023 and 2022, 2.6 million and 1.4 million shares, respectively, underlying market-based awards and PSUs, were excluded from the calculation of diluted earnings per share because the market or performance conditions had not been met.

CONSOLIDATED FINANCIAL STATEM_2

CONSOLIDATED FINANCIAL STATEMENT DETAILS (Tables)	3 Months Ended
CONSOLIDATED FINANCIAL STATEMENT DETAILS (Tables)	Mar. 31, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Schedule of Cash and Cash Equivalents	The following table provides a reconciliation of cash, cash equivalents and restricted cash reported within the consolidated balance sheet to the total amounts shown in the consolidated statement of cash flows: March 31, 2023 December 31, 2022 March 31, 2022 December 31, 2021 (In thousands) Cash and cash equivalents $ 569,879 $ 572,395 $ 912,434 $ 815,384 Restricted cash included in other current assets 122 121 125 128 Total cash, cash equivalents, and restricted cash as shown on the consolidated statement of cash flows $ 570,001 $ 572,516 $ 912,559 $ 815,512
Schedule of Restricted Cash	The following table provides a reconciliation of cash, cash equivalents and restricted cash reported within the consolidated balance sheet to the total amounts shown in the consolidated statement of cash flows: March 31, 2023 December 31, 2022 March 31, 2022 December 31, 2021 (In thousands) Cash and cash equivalents $ 569,879 $ 572,395 $ 912,434 $ 815,384 Restricted cash included in other current assets 122 121 125 128 Total cash, cash equivalents, and restricted cash as shown on the consolidated statement of cash flows $ 570,001 $ 572,516 $ 912,559 $ 815,512

THE COMPANY AND SUMMARY OF SI_4

THE COMPANY AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Narrative (Details)	3 Months Ended
	Mar. 31, 2023 segment languange
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Number of languages where products are available (more than) \| languange	40
Number of operating segments \| segment	1

THE COMPANY AND SUMMARY OF SI_5

THE COMPANY AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Revenue Recognition (Details) - USD ($)	3 Months Ended
	Mar. 31, 2023	Dec. 31, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Deferred revenue	$ 255,712,000	$ 252,718,000
Deferred revenue recognized	193,200,000
Noncurrent deferred revenue	$ 0	$ 0

THE COMPANY AND SUMMARY OF SI_6

THE COMPANY AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Schedule of Disaggregation of Revenue (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Disaggregation of Revenue [Line Items]
Revenue	$ 787,124	$ 798,631
Direct Revenue:
Disaggregation of Revenue [Line Items]
Revenue	774,438	783,833
Direct Revenue: \| Tinder
Disaggregation of Revenue [Line Items]
Revenue	441,146	441,005
Direct Revenue: \| Hinge
Disaggregation of Revenue [Line Items]
Revenue	82,753	64,963
Direct Revenue: \| Match Group Asia
Disaggregation of Revenue [Line Items]
Revenue	75,661	87,209
Direct Revenue: \| Evergreen & Emerging
Disaggregation of Revenue [Line Items]
Revenue	174,878	190,656
Indirect Revenue (principally advertising revenue)
Disaggregation of Revenue [Line Items]
Revenue	12,686	14,798
Americas \| Direct Revenue:
Disaggregation of Revenue [Line Items]
Revenue	405,927	399,978
Europe \| Direct Revenue:
Disaggregation of Revenue [Line Items]
Revenue	212,516	215,328
APAC and Other \| Direct Revenue:
Disaggregation of Revenue [Line Items]
Revenue	$ 155,995	$ 168,527

INCOME TAXES - Narrative (Detai

INCOME TAXES - Narrative (Details) - USD ($) $ in Thousands	3 Months Ended
INCOME TAXES - Narrative (Details) - USD ($) $ in Thousands	Mar. 31, 2023	Mar. 31, 2022	Dec. 31, 2022
Income Tax Disclosure [Abstract]
Income tax provision (benefit)	$ 41,639	$ (6,867)
Income tax rate	26%
Unrecognized tax benefits including interest and penalties	$ 42,200		$ 44,200
Unrecognized tax benefits that would reduce income tax expense	30,400		31,300
Decrease in unrecognized tax benefits is reasonably possible	600
Noncurrent income taxes payable, accrued interest and penalties	$ 800		$ 1,200

FINANCIAL INSTRUMENTS - Narrati

FINANCIAL INSTRUMENTS - Narrative (Details) - USD ($)	3 Months Ended
FINANCIAL INSTRUMENTS - Narrative (Details) - USD ($)	Mar. 31, 2023	Mar. 31, 2022	Dec. 31, 2022
Fair Value Disclosures [Abstract]
Carrying value of investments in equity securities without readily determinable fair value	$ 14,200,000		$ 14,200,000
Gross unrealized losses of downward adjustments to the carrying value of equity securities without readily determinable fair values	2,100,000
Impairment charge on equity securities without readily determinable fair value	$ 0	$ 0

FINANCIAL INSTRUMENTS - Assets

FINANCIAL INSTRUMENTS - Assets and Liabilities Measured at Fair Value on a Recurring Basis (Details) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Short-term investments:
Short-term investments	$ 8,448	$ 8,723
Total assets	43,956	111,466
Time deposits
Short-term investments:
Short-term investments	8,448	8,723
Quoted Market Prices in Active Markets for Identical Assets (Level 1)
Short-term investments:
Total assets	35,508	77,150
Quoted Market Prices in Active Markets for Identical Assets (Level 1) \| Time deposits
Short-term investments:
Short-term investments	0	0
Significant Other Observable Inputs (Level 2)
Short-term investments:
Total assets	8,448	34,316
Significant Other Observable Inputs (Level 2) \| Time deposits
Short-term investments:
Short-term investments	8,448	8,723
Money market funds
Cash equivalents:
Cash equivalents	35,508	77,150
Money market funds \| Quoted Market Prices in Active Markets for Identical Assets (Level 1)
Cash equivalents:
Cash equivalents	35,508	77,150
Money market funds \| Significant Other Observable Inputs (Level 2)
Cash equivalents:
Cash equivalents	$ 0	0
Time deposits
Cash equivalents:
Cash equivalents		25,593
Time deposits \| Quoted Market Prices in Active Markets for Identical Assets (Level 1)
Cash equivalents:
Cash equivalents		0
Time deposits \| Significant Other Observable Inputs (Level 2)
Cash equivalents:
Cash equivalents		$ 25,593

FINANCIAL INSTRUMENTS - Carryin

FINANCIAL INSTRUMENTS - Carrying Value and Fair Value of Financial Instruments (Details) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
2026 Exchangeable Notes \| Senior Notes
Balance Sheet Grouping, Financial Statement Captions
Long-term debt, net	$ (569,829)	$ (569,438)
2030 Exchangeable Notes \| Senior Notes
Balance Sheet Grouping, Financial Statement Captions
Long-term debt, net	(567,605)	(567,355)
Carrying Value
Balance Sheet Grouping, Financial Statement Captions
Long-term debt, net	(3,837,322)	(3,835,726)
Unamortized original issue discount and debt issuance costs	37,700	39,300
Fair Value
Balance Sheet Grouping, Financial Statement Captions
Long-term debt, net	(3,476,597)	(3,407,391)
Fair Value \| 2026 Exchangeable Notes \| Senior Notes
Balance Sheet Grouping, Financial Statement Captions
Long-term debt fair value	509,900	514,400
Fair Value \| 2030 Exchangeable Notes \| Senior Notes
Balance Sheet Grouping, Financial Statement Captions
Long-term debt fair value	$ 493,100	$ 499,700

LONG-TERM DEBT, NET - Summary o

LONG-TERM DEBT, NET - Summary of Long Term Debt (Details) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Debt Instrument [Line Items]
Total debt	$ 3,875,000	$ 3,875,000
Less: Unamortized original issue discount	4,148	4,366
Less: Unamortized debt issuance costs	33,530	34,908
Total long-term debt, net	3,837,322	3,835,726
Credit Facility \| Credit Facility due February 13, 2025
Debt Instrument [Line Items]
Total debt	0	0
Term Loan \| Term Loan due February 13, 2027
Debt Instrument [Line Items]
Total debt	425,000	425,000
Total long-term debt, net	425,000	425,000
Senior Notes \| 5.00% Senior Notes
Debt Instrument [Line Items]
Total debt	$ 450,000	450,000
Stated interest rate (as a percent)	5%
Senior Notes \| 4.625% Senior Notes
Debt Instrument [Line Items]
Total debt	$ 500,000	500,000
Stated interest rate (as a percent)	4.625%
Senior Notes \| 5.625% Senior Notes
Debt Instrument [Line Items]
Total debt	$ 350,000	350,000
Stated interest rate (as a percent)	5.625%
Senior Notes \| 4.125% Senior Notes
Debt Instrument [Line Items]
Total debt	$ 500,000	500,000
Stated interest rate (as a percent)	4.125%
Senior Notes \| 3.625% Senior Notes
Debt Instrument [Line Items]
Total debt	$ 500,000	500,000
Stated interest rate (as a percent)	3.625%
Senior Notes \| 2026 Exchangeable Notes
Debt Instrument [Line Items]
Total debt	$ 575,000	575,000
Less: Unamortized original issue discount	$ 5,171	5,562
Stated interest rate (as a percent)	0.875%
Senior Notes \| 2030 Exchangeable Notes
Debt Instrument [Line Items]
Total debt	$ 575,000	575,000
Less: Unamortized original issue discount	$ 7,395	$ 7,645
Stated interest rate (as a percent)	2%

LONG-TERM DEBT, NET - Narrative

LONG-TERM DEBT, NET - Narrative (Details)	3 Months Ended
LONG-TERM DEBT, NET - Narrative (Details)	Mar. 31, 2023 USD ($) trading_day	Dec. 31, 2022 USD ($)	Dec. 31, 2019 USD ($)
Debt Instrument [Line Items]
Total long-term debt, net	$ 3,837,322,000	$ 3,835,726,000
Senior Notes
Debt Instrument [Line Items]
Threshold trading days (in days) \| trading_day	20
Threshold consecutive trading days (in days) \| trading_day	30
Exchange price on applicable trading day (as a percent)	130%
Period of trading days of reported sale price of common stock (in days)	5 days
Period of consecutive trading days of reported sale price of common stock (in days)	5 days
Proportion of product of last reported price (as a percent)	98%
Senior Notes \| Maximum
Debt Instrument [Line Items]
Maximum leverage ratio	5
Credit Facility due February 13, 2025
Debt Instrument [Line Items]
Maximum borrowing capacity on credit facility	$ 750,000,000
Remaining borrowing capacity under the credit facility	749,600,000	749,600,000
Credit Facility due February 13, 2025 \| Letter of Credit
Debt Instrument [Line Items]
Outstanding borrowings under the credit facility	400,000	400,000
Credit Facility due February 13, 2025 \| Credit Facility
Debt Instrument [Line Items]
Outstanding borrowings under the credit facility	$ 0	0
Annual commitment fee (as a percent)	0.25%
Credit Facility due February 13, 2025 \| Credit Facility \| Maximum
Debt Instrument [Line Items]
Maximum leverage ratio	5
Term Loan due February 13, 2027 \| Term Loan
Debt Instrument [Line Items]
Total long-term debt, net	$ 425,000,000	$ 425,000,000
Effective interest rate (as a percent)	6.71%	6.49%
Term Loan due February 13, 2027 \| Term Loan \| LIBOR
Debt Instrument [Line Items]
Basis spread on variable rate (as a percent)	1.75%
Credit Facility and Term Loan
Debt Instrument [Line Items]
Maximum leverage ratio	4
Credit Facility and Term Loan \| Minimum
Debt Instrument [Line Items]
Maximum leverage ratio	2
5.00% Senior Notes \| Senior Notes
Debt Instrument [Line Items]
Stated interest rate (as a percent)	5%
4.625% Senior Notes \| Senior Notes
Debt Instrument [Line Items]
Stated interest rate (as a percent)	4.625%
5.625% Senior Notes \| Senior Notes
Debt Instrument [Line Items]
Stated interest rate (as a percent)	5.625%
4.125% Senior Notes \| Senior Notes
Debt Instrument [Line Items]
Stated interest rate (as a percent)	4.125%
3.625% Senior Notes \| Senior Notes
Debt Instrument [Line Items]
Stated interest rate (as a percent)	3.625%
2026 Exchangeable Notes \| Senior Notes
Debt Instrument [Line Items]
Effective interest rate (as a percent)	1.20%
Stated interest rate (as a percent)	0.875%
Principal amount of long-term debt			$ 575,000,000
2030 Exchangeable Notes \| Senior Notes
Debt Instrument [Line Items]
Effective interest rate (as a percent)	2.20%
Stated interest rate (as a percent)	2%
Principal amount of long-term debt			$ 575,000,000
Exchangeable Notes \| Senior Notes \| Match Group FinanceCo 2, Inc. & Match Group FinanceCo 3, Inc.
Debt Instrument [Line Items]
Threshold trading days (in days) \| trading_day	20
Threshold consecutive trading days (in days) \| trading_day	30
Exchange price on applicable trading day (as a percent)	130%
Redemption price (as a percent)	100%
Exchangeable Notes \| Senior Notes \| Minimum \| Match Group FinanceCo 2, Inc. & Match Group FinanceCo 3, Inc.
Debt Instrument [Line Items]
Threshold trading date proceeding date of notice of redemption (in days) \| trading_day	1
Exchangeable Notes \| Senior Notes \| Maximum \| Match Group FinanceCo 2, Inc. & Match Group FinanceCo 3, Inc.
Debt Instrument [Line Items]
Threshold trading date proceeding date of notice of redemption (in days) \| trading_day	5

LONG-TERM DEBT, NET - Details o

LONG-TERM DEBT, NET - Details of Exchangeable Notes (Details) - Senior Notes	3 Months Ended
	Mar. 31, 2023 $ / shares shares
2026 Exchangeable Notes
Debt Instrument [Line Items]
Number of shares of the Company’s Common Stock into which each $1,000 of Principal of the Exchangeable Notes is Exchangeable (shares) \| shares	11.4259
Approximate Equivalent Exchange Price per Share (USD per share) \| $ / shares	$ 87.52
2030 Exchangeable Notes
Debt Instrument [Line Items]
Number of shares of the Company’s Common Stock into which each $1,000 of Principal of the Exchangeable Notes is Exchangeable (shares) \| shares	11.8739
Approximate Equivalent Exchange Price per Share (USD per share) \| $ / shares	$ 84.22

LONG-TERM DEBT, NET - Component

LONG-TERM DEBT, NET - Components of Exchangeable Notes (Details) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Debt Instrument [Line Items]
Principal	$ 3,875,000	$ 3,875,000
Less: Unamortized debt issuance costs	4,148	4,366
2026 Exchangeable Notes \| Senior Notes
Debt Instrument [Line Items]
Principal	575,000	575,000
Less: Unamortized debt issuance costs	5,171	5,562
Net carrying value included in long-term debt, net	569,829	569,438
2030 Exchangeable Notes \| Senior Notes
Debt Instrument [Line Items]
Principal	575,000	575,000
Less: Unamortized debt issuance costs	7,395	7,645
Net carrying value included in long-term debt, net	$ 567,605	$ 567,355

LONG-TERM DEBT, NET - Schedule

LONG-TERM DEBT, NET - Schedule of Interest Expense, Exchangeable Notes (Details) - Senior Notes - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
2022 Exchangeable Notes
Debt Instrument [Line Items]
Contractual interest expense		$ 186
Amortization of debt issuance costs		150
Total interest expense recognized		336
2026 Exchangeable Notes
Debt Instrument [Line Items]
Contractual interest expense	$ 1,258	1,258
Amortization of debt issuance costs	391	386
Total interest expense recognized	1,649	1,644
2030 Exchangeable Notes
Debt Instrument [Line Items]
Contractual interest expense	2,875	2,875
Amortization of debt issuance costs	250	245
Total interest expense recognized	$ 3,125	$ 3,120

LONG-TERM DEBT, NET - Details_2

LONG-TERM DEBT, NET - Details of Exchangeable Notes Hedges and Warrants (Details) shares in Millions	3 Months Ended
	Mar. 31, 2023 trading_day $ / shares shares
Debt Instrument [Line Items]
Warrant trading days \| trading_day	80
2022 Exchangeable Notes \| Senior Notes \| Exchangeable Notes Warrant
Debt Instrument [Line Items]
Number of Shares (shares) \| shares	0.4
Approximate Equivalent Exchange Price per Share / Strike Price per Share (USD per share) \| $ / shares	$ 68.22
2026 Exchangeable Notes \| Senior Notes \| Exchangeable Notes Hedge
Debt Instrument [Line Items]
Number of Shares (shares) \| shares	6.6
Approximate Equivalent Exchange Price per Share / Strike Price per Share (USD per share) \| $ / shares	$ 87.52
2026 Exchangeable Notes \| Senior Notes \| Exchangeable Notes Warrant
Debt Instrument [Line Items]
Number of Shares (shares) \| shares	6.6
Approximate Equivalent Exchange Price per Share / Strike Price per Share (USD per share) \| $ / shares	$ 134.76
2030 Exchangeable Notes \| Senior Notes \| Exchangeable Notes Hedge
Debt Instrument [Line Items]
Number of Shares (shares) \| shares	6.8
Approximate Equivalent Exchange Price per Share / Strike Price per Share (USD per share) \| $ / shares	$ 84.22
2030 Exchangeable Notes \| Senior Notes \| Exchangeable Notes Warrant
Debt Instrument [Line Items]
Number of Shares (shares) \| shares	6.8
Approximate Equivalent Exchange Price per Share / Strike Price per Share (USD per share) \| $ / shares	$ 134.82

ACCUMULATED OTHER COMPREHENSI_3

ACCUMULATED OTHER COMPREHENSIVE LOSS - Summary (Details) - USD ($)	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Accumulated Other Comprehensive Loss
Balance at beginning of period	$ (359,875,000)
Other comprehensive loss	(34,441,000)	$ (45,463,000)
Balance at end of period	(334,518,000)
Tax benefit / provision in accumulated other comprehensive loss	0	0
Accumulated Other Comprehensive Loss
Accumulated Other Comprehensive Loss
Balance at beginning of period	(369,182,000)	(223,754,000)
Balance at end of period	$ (403,623,000)	$ (269,217,000)

EARNINGS PER SHARE - Summary of

EARNINGS PER SHARE - Summary of Earnings Per Share (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Numerator: Basic
Net earnings	$ 120,691	$ 180,607
Net loss (earnings) attributable to noncontrolling interests	118	(74)
Net earnings attributable to Match Group, Inc. shareholders	120,809	180,533
Numerator: Diluted
Net earnings	120,691	180,607
Net loss (earnings) attributable to noncontrolling interests	118	(74)
Impact from subsidiaries’ dilutive securities	(30)	(98)
Interest on dilutive Exchangeable Notes, net of income tax	3,179	3,339
Net earnings attributable to Match Group, Inc. shareholders	$ 123,958	$ 183,774
Denominator: Basic
Weighted average basic common shares outstanding (shares)	279,260	284,459
Denominator: Diluted
Weighted average basic common shares outstanding (shares)	279,260	284,459
Dilutive securities (shares)	3,993	7,116
Dilutive shares from Exchangeable Senior Notes, if-converted (shares)	13,397	15,327
Denominator for earnings per share - weighted average shares, dilutive (shares)	296,650	306,902
Earnings per share:
Earnings per share attributable to Match Group, Inc. shareholders - basic (USD per share)	$ 0.43	$ 0.63
Earnings per share attributable to Match Group, Inc. shareholders - diluted (USD per share)	$ 0.42	$ 0.60
Stock Options, Warrants and RSUs
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Potentially dilutive securities excluded from the calculation of diluted earnings per share (shares)	17,300	1,200
Market-Based Awards and PSUs
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Potentially dilutive securities excluded from the calculation of diluted earnings per share (shares)	2,600	1,400

CONSOLIDATED FINANCIAL STATEM_3

CONSOLIDATED FINANCIAL STATEMENT DETAILS - Cash, Cash Equivalents, and Restricted Cash (Details) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022	Mar. 31, 2022	Dec. 31, 2021
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Cash and cash equivalents	$ 569,879	$ 572,395	$ 912,434	$ 815,384
Restricted cash included in other current assets	122	121	125	128
Total cash, cash equivalents, and restricted cash as shown on the consolidated statement of cash flows	$ 570,001	$ 572,516	$ 912,559	$ 815,512

CONTINGENCIES - Narrative (Deta

CONTINGENCIES - Narrative (Details)	Mar. 31, 2023 USD ($) lawsuit
Commitments and Contingencies Disclosure [Abstract]
Loss contingency reserve \| $	$ 0
Number of lawsuits with possible material impact (one or more) \| lawsuit	1