IAC
IAC Inc.38.68
+0.65+1.71%
Dec 16, 4:00:00 PM EST
Earnings Call Transcripts
This Quarter (Q1 '26)
No earnings call transcript available yet
Last Quarter (Q4 '25)
FY Q4 '25
Barry flags conservative People guide
Q&A led with Barry Diller calling People's mid- to high-single-digit guidance conservative, expecting beats from off-platform momentum. Neil unpacked MyRecipes' 3 million users storing 24 million recipes, PEOPLE app's 3x web engagement, and InStyle's Intern series hitting $500K-$700K sponsorships per season—proof points beyond prepared remarks. D/Cipher contributes 2-3 growth points; ad market rates 6/10, strong in pharma/travel. MGM thesis sharpened on Vegas innovation, BetMGM turnaround ignored by Street. Guidance feels tame. Investors watch product scaling amid AI shifts.
Key Stats
Market Cap
3.10BP/E (TTM)
-Basic EPS (TTM)
-2.51Dividend Yield
0%Recent Filings
8-K
8-K
IAC sells Care.com for $320M
IAC agreed to sell Care.com to an affiliate of Pacific Avenue Capital Partners for a gross purchase price of approximately $320 million in an all-cash deal, announced March 2, 2026, and expected to close in the first half of 2026. The divestiture streamlines IAC's portfolio, sharpening focus on People Inc. and its MGM stake while boosting financial flexibility. No financing condition applies. Customary closing risks remain.
8-K
Dotdash swings to profit on cost cuts
IAC's Dotdash Meredith (People Inc.) furnished audited 2025 financials under Reg FD, showing revenue dipping to $1.76B from $1.78B yet swinging to $63M net earnings from a $12M loss. Costs plunged on lower amortization and a $41.5M lease surrender gain; debt refinanced to $1.44B principal with longer maturities. Digital surged 10% to $1.11B, powering profitability. Leverage compliant.
10-K
FY2025 results
IAC's FY2025 revenue fell 9% to $2.4B, with People Inc. flat at $1.8B as 10% Digital growth offset 14% Print declines, while Search plunged 45% to $213M from Google changes and Care.com dipped 6%. Adjusted EBITDA rose 18% to $273M, fueled by People Inc.'s 21% jump, yet Q4 momentum faltered amid Angi spin-off and $208M Care.com goodwill hit. Debt refinanced lower to $1.4B; $316M buybacks trimmed shares 10%. Services Agreement with Google expires March 2026. Print erosion persists.
8-K
Q4 EBITDA up 29%, Digital grows
IAC reported Q4 revenue down 10% to $646M, with operating loss of $113M driven by $207M Care.com goodwill impairment, yet Adjusted EBITDA surged 29% to $142M on 14% People Inc. Digital growth to $355M despite AI search hits. Repurchased $37M shares; bought 1M more MGM shares for $40M, now holding 65.8M. Guides FY26 Adjusted EBITDA $260M-$335M. Capital returns accelerate.
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