IAC
IAC Inc.38.68
+0.65+1.71%
Dec 16, 4:00:00 PM EST
Earnings Call Transcripts
This Quarter (Q4 '25)
No earnings call transcript available yet
Last Quarter (Q3 '25)
No earnings call transcript available
Key Stats
Market Cap
3.10BP/E (TTM)
-Basic EPS (TTM)
-2.51Dividend Yield
0%Recent Filings
8-K
10-Q
Q2 FY2025 results
IAC's Q2 revenue dipped 7% year-over-year to $586.9M, with Search tumbling 39% on reduced Google traffic while People Inc. held steady at $427.4M thanks to 9% Digital growth from premium ads and licensing deals. Operating income swung to a slim $0.6M gain from a $21.5M loss, fueled by lower amortization and a $307.4M unrealized MGM gain that lifted diluted EPS to $2.57 from a $1.74 loss (derived from 82.2M shares). Free cash flow wasn't disclosed in the 10-Q. Cash stood at $1.1B against $1.4B debt at People Inc., bolstered by a June refinancing extending maturities to 2032. Angi spun off in March, streamlining focus. Yet regulatory shifts in search algorithms pose ongoing threats.
8-K
IAC Q2 earnings: EBITDA up 15%
IAC reported Q2 2025 results with revenue down 7% to $586.9 million, yet operating income swung to $0.6 million from a $21.5 million loss, while Adjusted EBITDA climbed 15% to $51.4 million, fueled by People Inc.'s digital revenue surging 9% to $260 million amid its rebrand to People Inc. on July 31. People Inc. refinanced $1.47 billion in debt, extending maturities to 2030 and 2032 at a 7.4% weighted average cost, bolstering flexibility. Full-year Adjusted EBITDA guidance holds at $247-$285 million. Volatility in MGM investment swings earnings.
8-K
Q2 profit amid debt refinance
IAC's Dotdash Meredith, rebranded People Inc., disclosed Q2 2025 financials showing revenue up slightly to $427M from $425M year-over-year, with operating income swinging to $35M profit from $18M, thanks to lower costs and a $36M lease termination gain. Yet interest expense climbed to $37M amid a June refinancing that swapped $1.18B short-term debt for $700M Term Loan B-2 and $400M 7.625% notes due 2032, trimming total debt by $21M but extending maturities. Digital revenue surged 9%, outpacing print's decline. Refinancing bolsters liquidity, but leverage covenants loom.
8-K
IAC annual meeting results
IAC Inc. held its 2025 Annual Meeting on June 18, where stockholders elected all twelve board nominees, including Barry Diller and Chelsea Clinton, with strong support across common and capital stock classes. The advisory vote approved 2024 executive compensation, while ratification of Ernst & Young as auditors passed overwhelmingly with 124 million for votes. Continuity in governance remains firm. No major disruptions noted.
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