Bumble User and Revenue Statistics (2024) (2024)

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Bumble User and Revenue Statistics (2024)? ›

Bumble: quarterly paying users worldwide as of Q2 2024

In the second quarter 2024, the number of paying Bumble Inc. users amounted to roughly 4.1 million worldwide. In comparison, in the second quarter of 2023, there were around 3.6 million paying users.

Bumble: quarterly paying users worldwide as of Q2 2024

In the second quarter 2024, the number of paying Bumble Inc. users amounted to roughly 4.1 million worldwide. In comparison, in the second quarter of 2023, there were around 3.6 million paying users.

Bumble, which operates its eponymous app, expects third-quarter revenue between $269 million and $275 million, compared with analysts' average estimate of $296.1 million, according to LSEG data.

Daters are looking at 2024 as the year of self. They're rejecting the constant quest for perfection, discarding outdated timelines, and placing more value on emotional vulnerability and shared priorities.

(All comparisons relative to the Second Quarter 2023)

Total Revenue increased 3.4% to $268.6 million, compared to $259.7 million. This includes an unfavorable impact of $3.4 million from foreign currency movements year over year. Bumble App Revenue increased 4.8% to $218.0 million, compared to $208.0 million.

Of course it's not exactly a science, and there are exceptions to the popular apps and what they're known for, but in general she says, “If you're looking for a younger partner or something short-term, then Tinder or Bumble is a great choice.” For something serious or long-term, she recommends Match, eHarmony or Hinge.

Bumble annual revenue amounted to $903.5 million in the financial year ended 31 December 2022. That is an 18.7% percent increase Y-o-Y. Bumble's total revenue for Q1 2023 increased 16% to $243 million compared to $210 million in Q1 2022.

Bumble Inc. is the parent company of online dating and social networking services Bumble and Badoo. In 2023, revenues generated by the Bumble app amounted to approximately 844.77 million U.S. dollars. In 2019, Bumble revenues surpassed Badoo and other services combined, making up 55 percent of the company's revenue.

Demographic Profile

Bumble has a female-to-male user ratio of around 60:40. 85% of Bumble users are interested in finding long-term relationships. Bumble has seen a 15% increase in new users over the age of 50. 75% of Bumble users are looking for a relationship rather than casual dating.

As of June 30, 2024, total cash and cash equivalents were $286.7 million and total debt was $618.9 million.

What is the future of Bumble? ›

Whitney Wolfe Herd, founder and executive chair of Bumble, said that the dating app wants to use AI to "create more healthy and equitable relationships." The future of dating could be filled with digital, artificial intelligence-powered personas setting each other up, according to the founder of a popular dating app.

A survey by Shane Co reveals that Tinder has the highest success rate (29.6% of participants reported getting married or engaged to someone they met on the site). Bumble comes second with a still pretty impressive success rate, which is 12.9%; Hinge placed third at 5%.

To become a member of Bumble, you'll need to be 18 years of age or older. If you're not yet 18, we'll happily welcome you to the Hive when you're old enough. If you're 18 years of age or older and your profile has been blocked for being underage, reach out to our Support team here so they can help fix that for you!

Bumble was designed to challenge outdated heterosexual dating norms. We empower women to make the first move by giving them the ability to control the conversation. Beyond women making the first move, Bumble is a platform to empower all users to create safe and healthy connections.

Bumble stock fell sharply after the dating app operator cut its outlook for the rest of the year. The most obvious reason for the stock move was Bumble saying it now sees annual revenue growth in the range of 1% to 2%, down from a range of 8% to 11%, which it reiterated in May.

General Bumble Statistics

The gender ratio on Bumble is approximately 3:1 (male-female), with 32.6% of users being female, highlighting its diverse user base. Bumble witnessed 28 million app downloads worldwide in 2022, experiencing a notable 27% increase year over year.

Bumble's average user age is around 28 years old. Bumble has a reported 45% increase in video calls among users aged 50+. Bumble's average user age is around 29 years old. Bumble's reported female-to-male user ratio is 55:45.

Another 2021 compilation of data by Statista narrows down the actual percentage of the gender ratio on Bumble. According to analytics by App Ape, 67.4% of the users in Bumble are male and only 32.6% are female.