BMBLBumble Inc.
Services-Computer Programming, Data Processing, Etc. · $718M market cap · 580 employees
4.9×
More likely than average to be taken private
Top 1% of the Russell 3000 for a buyout by a private-equity firm, holdco or insiders. How it works
Takeover signals
What an activist or buyer would see: cheap, overpaid, diluted or under pressure.
5of 15 firedHow well they predict deals →
- TSR below peersYes5 of 5 years3+ of last 5 years
- Goodwill-heavyYes49% of assetsOver 40% of assets
- Buyout-sizedYes$718M market capMarket cap $500M–$5B
- Active 13DYes1 filingActive-intent 13D in 18 months
- Net insider sellingYes−$377M netNet sales over $10M in 12 months
10 other checks
- High CEO pay despite TSRNo—Median CEO pay ≥ $15M while TSR trails
- Earnings not backed by cashNo—Cash flow under 80% of net income
- Dilutive SBCNo3% of revenueOver 10% of revenue
- Payouts exceed cash flowNo11% of cash flowBuybacks + dividends over cash flow
- Shareholder dissentNo95% lowest supportAny vote under 80% support
- Low revenue per employeeNo$2M · 89th pctBottom quartile of its SIC industry
- Quiet on AINo9.3 per 10K words · 92nd pctBottom quartile of AI mentions in 10-Ks
- Net cashNo—More cash than debt, positive EBITDA
- Recurring revenueNo6 of 1010-K business scored 7+ of 10 for recurring revenue
- AI-rollup shapedNo1 of 1010-K business scored 5+ of 10 as an AI-rollup target
Deal filings
| Filed | Form | Acquirer | Price | Premium |
|---|---|---|---|---|
| Oct 13, 2026 | 8-K | Ithaca Holdings | — | — |
Key numbers
- Revenue
- $966M
- 9.9% YoY
- Operating margin
- -83.4%
- 28% YoY
- EBITDA
- −$780M
- 24% YoY
- Net debt / EBITDA
- —
- $321M net debt
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $761M | $904M | $1.1B | $1.1B | $966M | 9.9% |
| Operating income | −$135M | −$103M | $53M | −$700M | −$806M | 15% |
| Net income | $310M | −$80M | −$4M | −$557M | −$693M | 24% |
| Operating cash flow | $105M | $133M | $182M | $123M | $250M | 103% |
| Stock-based comp | $124M | $111M | $104M | $26M | $31M | 19% |
| Buybacks | $1.0B | $0 | $113M | $192M | $29M | 85% |
| Dividends | $0 | $0 | — | — | — |
13D filers
| Filed | Filer | Form | Stake | Intent |
|---|---|---|---|---|
| Oct 14, 2026 | Herd Whitney Wolfe | SCHEDULE 13D/A | 14.7% | Passive |
| Oct 14, 2026 | Blackstone Holdings III L.P. | SCHEDULE 13D/A | 12.0% | Passive |
| Sep 30, 2026 | Blackstone Holdings III L.P. | SCHEDULE 13D/A | 14.1% | Passive |
| Jun 18, 2026 | Blackstone Holdings III L.P. | SCHEDULE 13D/A | 17.2% | Passive |
| Mar 19, 2026 | Blackstone Holdings III L.P. | SCHEDULE 13D/A | 23.0% | Passive |
| Dec 1, 2025 | Blackstone Holdings III L.P. | SCHEDULE 13D/A | 28.9% | Passive |
| Nov 5, 2025 | Herd Whitney Wolfe | SCHEDULE 13D/A | 14.6% | Passive |
| Nov 5, 2025 | Blackstone Holdings III L.P. | SCHEDULE 13D/A | 12.8% | Passive |
| Aug 15, 2025 | Blackstone Holdings III L.P. | SCHEDULE 13D/A | 0.8% | Passive |
| Aug 15, 2025 | Herd Whitney Wolfe | SCHEDULE 13D/A | 16.3% | Active |
Insider trading
−$377Mnet selling by insiders, open market, last 12 months
Bought $0 · 0 tradesSold $377M · 143 trades
Pay vs performance
| Year | CEO total comp | Comp actually paid | TSR (indexed) | Peer TSR |
|---|---|---|---|---|
| FY2025 | — | — | 5 | 106 |
| FY2024 | — | — | 12 | 91 |
| FY2023 | — | — | 21 | 70 |
| FY2022 | — | — | 30 | 49 |
| FY2021 | — | — | 48 | 94 |