MTCH · 10-Q · 2026Q2 · Full report
Liquidity and Debt Position
Match Group, Inc. · 2026-08-05 · Importance 74 · Surprise 58 · No source text
Cash and cash equivalents declined to $580.6 million at June 30, 2026 from $1.028 billion at December 31, 2025, while short-term investments totaled $3.2 million. Total debt declined to $3.575 billion from $3.999 billion because the $423.9 million 2026 Exchangeable Notes were repaid at maturity on June 15, 2026. The debt portfolio included $700 million of 6.125% Senior Notes due 2033 and $575 million of 2.00% 2030 Exchangeable Notes, in addition to $2.3 billion of other senior notes. The Credit Facility had $499.4 million of availability and $0.6 million of letters of credit outstanding at June 30, 2026.
Key facts
- MG Holdings II's 6.125% Senior Notes due September 15, 2033 had $700 million aggregate principal amount outstanding as of June 30, 2026. source
- MG Holdings II’s 5.00% Senior Notes due December 15, 2027 had $450 million aggregate principal amount outstanding as of June 30, 2026. source
- MG Holdings II’s 4.625% Senior Notes due June 1, 2028 had $500 million aggregate principal amount outstanding as of June 30, 2026. source
- MG Holdings II’s 5.625% Senior Notes due February 15, 2029 had $350 million aggregate principal amount outstanding as of June 30, 2026. source
- MG Holdings II’s 4.125% Senior Notes due August 1, 2030 had $500 million aggregate principal amount outstanding as of June 30, 2026. source
- MG Holdings II’s 3.625% Senior Notes due October 1, 2031 had $500 million aggregate principal amount outstanding as of June 30, 2026. source
- 2030 Exchangeable Notes due January 15, 2030 had $575 million aggregate principal amount outstanding as of June 30, 2026. source
- 2026 Exchangeable Notes (0.875%) were repaid at maturity on June 15, 2026. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| cash | negative | realized | -10.5% | During the six months ended June 30, 2026 the Company paid $423.9 million to repay the outstanding 2026 Exchangeable Notes at maturity. |
| liability | positive | realized | +10.5% | During the six months ended June 30, 2026 the Company paid $423.9 million to repay the outstanding 2026 Exchangeable Notes at maturity. |
| liability | negative | realized | — | MG Holdings II's 6.125% Senior Notes due September 15, 2033 had $700 million aggregate principal amount outstanding as of June 30, 2026. |
| liability | negative | realized | — | MG Holdings II’s 5.00% Senior Notes due December 15, 2027 had $450 million aggregate principal amount outstanding as of June 30, 2026. |
| liability | negative | realized | — | MG Holdings II’s 4.625% Senior Notes due June 1, 2028 had $500 million aggregate principal amount outstanding as of June 30, 2026. |
| liability | negative | realized | — | MG Holdings II’s 5.625% Senior Notes due February 15, 2029 had $350 million aggregate principal amount outstanding as of June 30, 2026. |
| liability | negative | realized | — | MG Holdings II’s 4.125% Senior Notes due August 1, 2030 had $500 million aggregate principal amount outstanding as of June 30, 2026. |
| liability | negative | realized | — | MG Holdings II’s 3.625% Senior Notes due October 1, 2031 had $500 million aggregate principal amount outstanding as of June 30, 2026. |
| liability | negative | realized | — | 2030 Exchangeable Notes due January 15, 2030 had $575 million aggregate principal amount outstanding as of June 30, 2026. |
| liability | unclear | realized | — | Total debt outstanding as of June 30, 2026 was $3,575,000 thousand aggregate principal amount. |