What is Bumble App?
Bumble is one of the best dating apps for mobile devices. Going public in February 2021, its largest markets contributing to lifetime consumer spending include western markets such as the US, UK, Canada and Australia.
Company Overview
Founder | Whitney Wolfe Herd |
Founded Date | December 2014 |
Headquarter | Austin, Texas, US |
Crunchbase Profile | Profile Link |
IPO Date | February 2021 |
Stock Symbol | BMBL |
Google Play | Store Link |
App Store | Store Link |
Bumble Revenue Statistics (2024)
Bumble app’s parent company Bumble Inc. is also the parent company of Badoo and Fruitz. The company reports the results of the Bumble app and other apps in separate items. In this article, we have compiled only the Bumble app’s revenue and user statistics.
- Bumble revenue for Q2 2024 was $218 million, up 4.8% as compared to $208 million in Q2 2023.
- As of August 2023, the Bumble app surpassed $2 billion in lifetime user spending across the App Store and Google Play.
- Bumble App revenue for the full year 2023 was $844.8 million, compared to $694.3 million in 2022. The growth was largely fueled by a 25.7% rise in Bumble App paying users, reaching 2.5 million, though it was slightly dampened by a 3.2% decrease in Bumble App’s average revenue per paying user (ARPPU), which fell to $27.97.
- For Q3 2024, Bumble app revenue is expected to be between $217 to $221 million.
Quarter | Bumble App Revenue |
---|---|
Q2 2024 | $218 million |
Q1 2024 | $216 million |
Q4 2023 | $220.7 million |
Q3 2023 | $222 million |
Q2 2023 | $208 million |
Q1 2023 | $194 million |
Q4 2022 | $190.8 million |
Q3 2022 | $181 million |
Q2 2022 | $170 million |
Q1 2022 | $155.4 million |
Q4 2021 | $150.5 million |
Q3 2021 | $142.5 million |
Q2 2021 | $127.3 million |
Q1 2021 | $112.6 million |
Q4 2020 | $105.8 million |
2019 | $240 million |
2018 | $190 million |
2017 | $100 million |
2016 | $10 million |
- Bumble app ARPU (Average Revenue per Paying User) was $25.79 for the second quarter of 2024. For the full year 2023, the popular dating app’s ARPU was $27.97.
Quarter | Bumble App ARPU |
---|---|
Q2 2024 | $25.79 |
Q1 2024 | $26.34 |
Q4 2023 | $27.37 |
Q3 2023 | $28.38 |
Q2 2023 | $23.23 |
Q1 2023 | $22.63 |
Q4 2022 | $28.64 |
Q3 2022 | $28.84 |
Q2 2022 | $29.38 |
Q1 2022 | $29.18 |
Q4 2021 | $30.57 |
Q3 2021 | $30.99 |
Q2 2021 | $28.81 |
Q1 2021 | $27.75 |
Q4 2020 | $27.79 |
- At the end of 2021, Buble surpassed the $1 billion mark in lifetime consumer spending, making it the second biggest dating app by lifetime spend behind Tinder.
Bumble Valuation
Year | Valuation |
2020 | $8 billion |
2019 | $3 billion |
2018 | $1.5 billion |
2017 | $1 billion |
Bumble User Statistics (2024)
- Bumble’s number of total paying users increased to 2.8 million for the second quarter of 2024, up 15%YoY, and grew 87,000 QoQ.
Quarter | Bumble App Paying Users |
---|---|
Q1 2024 | 2.8 million |
Q1 2024 | 2.7 million |
Q4 2023 | 2.7 million |
Q3 2023 | 2.6 million |
Q2 2023 | 2.5 million |
Q1 2023 | 2.3 million |
Q4 2022 | 2.22 million |
Q3 2022 | 2.1 million |
Q2 2022 | 1.9 million |
Q1 2022 | 1.77 million |
Q4 2021 | 1.64 million |
Q3 2021 | 1.53 million |
Q2 2021 | 1.47 million |
Q1 2021 | 1.35 million |
Q4 2020 | 1.27 million |
2019 | 0.8 million |