Shares in Bumble Inc. (Nasdaq: BMBL), maker of the Bumble dating app, are surging this morning after the company announced its fourth-quarter and full-year 2025 results.

The stock price bounce will be a relief to investors in dating companies, an industry that has suffered severely in recent years due to so-called swipe fatigue among users.

Here’s what you need to know about Bumble’s earnings and why its stock is surging this morning.

Bumble beats on Q4 revenue

Today, Bumble reported its Q4 2025 results. And on the surface, those results weren’t great. As a matter of fact, just purely based on a year-over-year comparison, many of the company’s most important metrics were down across the board, including:

Total Revenue: $224.2 million, down 14.3% from the same quarter a year earlier.

Bumble App Revenue: $181.0 million, down 14.8%

Badoo App and Other Revenue: $43.2 million, down 12.4%

Total Paying Users: 3.3 million, down 20.5%

Net loss: $611.1 million (versus a net profit of $9.3 million in the same…