IAC Inc.
For the period ended Dec 31, 2025. Filed Feb 20, 2026.
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FY2025 · Filed Feb 20, 2026
PPLI$43.79+0.9%Stored close · as of Nov 10, 2026
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Item 15. Exhibits and Financial Statement Schedules
(a) List of documents filed as part of this Report:
(1) Consolidated Financial Statements of IAC
Report of Independent Registered Public Accounting Firm: Ernst & Young LLP (PCAOB ID:42).
Consolidated Balance Sheet as of December 31, 2025 and 2024.
Consolidated Statement of Operations for the Years Ended December 31, 2025, 2024 and 2023.
Consolidated Statement of Comprehensive Operations for the Years Ended December 31, 2025, 2024 and 2023.
Consolidated Statement of Shareholders' Equity for the Years Ended December 31, 2025, 2024 and 2023.
Consolidated Statement of Cash Flows for the Years Ended December 31, 2025, 2024 and 2023.
Notes to Consolidated Financial Statements.
(2) Consolidated Financial Statement Schedule of IAC
| ScheduleNumber | |
|---|---|
| II | Valuation and Qualifying Accounts. |
All other financial statements and schedules not listed have been omitted since the required information is either included in the Consolidated Financial Statements or the notes thereto, is not applicable or is not required.
(3) Exhibits
The exhibits listed below are filed as part of, or are incorporated by reference in, this annual report.
| ExhibitNo. | Description | Location |
| 2.1 | Agreement and Plan of Merger, dated as of October 6, 2021, by and among, About, Inc., Meredith Corporation, Meredith Holdings Corporation and, for certain limited purposes set forth therein, IAC/InterActiveCorp. | Filed as Exhibit 2.1 to IAC/InterActiveCorp's Current Report on Form 8-K, filed on October 7, 2021. |
| 2.2 | Transaction Agreement, dated as of December 19, 2019, by and among Old IAC, IAC/InterActiveCorp, Valentine Merger Sub LLC and Match Group, Inc.(1) | Filed as Annex A to the joint proxy statement/prospectus forming a part of IAC/InterActiveCorp’s Registration Statement on Form S-4 filed by Old IAC and IAC/InterActiveCorp on February 13, 2020. |
| 2.3 | Amendment No. 1, dated April 28, 2020, to the Transaction Agreement, dated as of December 19, 2019, by and among Old IAC, IAC/InterActiveCorp, Valentine Merger Sub LLC and Match Group, Inc. | Filed as Exhibit 2.1 to Old IAC’s Current Report on Form 8-K, filed on April 28, 2020. |
| 2.4 | Amendment No. 2, dated June 22, 2020, to the Transaction Agreement, dated as of December 19, 2019, by and among Old IAC, IAC/InterActiveCorp, Valentine Merger Sub LLC and Match Group, Inc. | Filed as Exhibit 2.1 to Old IAC’s Current Report on Form 8-K, filed on June 22, 2020. |
| 3.1 | Restated Certificate of Incorporation of IAC Inc. | Exhibit 3.1 to IAC Inc.'s Quarterly Report on Form 10-Q for the fiscal quarter ended June 30, 2024. |
| 3.2 | Restated Certificate of Incorporation of IAC/InterActiveCorp (effective as of June 30, 2020). | Filed as Exhibit 3.1(c) to IAC/InterActiveCorp’s Current Report on Form 8-K filed on July 2, 2020. |
| 3.3 | Certificate of Amendment of Restated Certificate of Incorporation of IAC/InterActiveCorp (effective as of May 25, 2021). | Filed as Exhibit 4.2 to the Post-Effective Amendment No. 1 on Form S-8 to Registration Statement on Form S-4 (File No. 333-251656), filed by IAC/InterActiveCorp on May 26, 2021. |
| 3.4 | Certificate of Amendment of Restated Certificate of Incorporation of IAC/InterActiveCorp (effective August 11, 2022). | Filed as Exhibit 3.1 to IAC Inc.'s Current Report on Form 8-K, filed on August 12, 2022. |
| 3.5 | Certificate of Amendment of Restated Certificate of Incorporation of IAC Inc. (effective June 12, 2024). | Filed as Exhibit 3.1 to IAC Inc.'s Current Report on Form 8-K, filed on June 13, 2024. |
| 3.6 | Certificate of Designations of Series A Cumulative Preferred Stock. | Filed as Exhibit 3.2 to IAC/InterActiveCorp’s Current Report on Form 8-K filed on July 2, 2020. |
| 3.5 | Amended and Restated By-laws of IAC Inc. | Filed as Exhibit 3.1 to IAC Inc.'s Current Report on Form 8-K, filed on September 18, 2023. |
| 4.1 | Description of IAC Inc. Capital Stock. | Filed as Exhibit 4.1 to IAC Inc.'s Annual Report on Form 10-K for the fiscal year ended December 31, 2022. |
| 4.2 | Indenture, dated as of August 20, 2020, among ANGI Group, LLC, the guarantors party thereto and Computershare Trust Company, N.A., as trustee. | Filed as Exhibit 4.1 to the Current Report on Form 8-K filed by ANGI Homeservices Inc. on August 20, 2020. |
| 4.3 | Indenture, dated as of June 16, 2025, between Dotdash Meredith Inc. and U.S. Bank Trust Company, National Association, as Trustee. | Filed as Exhibit 4.1 to IAC’s Current Report on Form 8-K filed on June 17, 2025. |
| 10.1 | Amended and Restated Governance Agreement, dated as of August 9, 2005, among IAC/InterActiveCorp, Liberty Media Corporation and Barry Diller. | Filed as Exhibit 10.1 to Old IAC’s Quarterly Report on Form 10-Q for the fiscal quarter ended September 30, 2005. |
| 10.2 | Letter Agreement, dated as of December 1, 2010, by and among IAC/InterActiveCorp, Liberty Media Corporation, Liberty USA Holdings, LLC and Barry Diller. | Filed as Exhibit 10.1 to Old IAC’s Current Report on Form 8-K, filed on December 6, 2010. |
| 10.3 | Letter Agreement, dated as of December 1, 2010, by and between IAC/InterActiveCorp and Barry Diller. | Filed as Exhibit 10.2 to Old IAC’s Current Report on Form 8-K, filed on December 6, 2010. |
| 10.4 | Credit Agreement, dated as of December 1, 2021, by and among Dotdash Meredith, Inc., as Borrower, the lenders party thereto, JPMorgan Chase Bank, N.A., as administrative agent, and the other parties thereto. | Filed as Exhibit 10.1 to IAC's Current Report on Form 8-K, filed on December 1, 2021. |
| 10.5 | Amendment No. 1 to Credit Agreement, dated as of November 26, 2024, by and among Dotdash Meredith, Inc., as Borrower, the lenders party thereto, JPMorgan Chase Bank, N.A., as administrative agent, and the other parties thereto. | Filed as Exhibit 10.1 to IAC's Current Report on Form 8-K, filed on November 26, 2024. |
| 10.6 | Incremental Assumption Agreement and Amendment No. 2 to Credit Agreement, dated May 14, 2025, by and among Dotdash Meredith Inc., as Borrower, the lenders party thereto, JPMorgan Chase Bank, N.A., as administrative agent and collateral agent, and the other parties thereto. | Filed as Exhibit 10.1 to IAC’s Current Report on Form 8-K filed on May 19, 2025. |
| 10.7 | Third Amendment to Credit Agreement, dated June 16, 2025, among Dotdash Meredith Inc., JPMorgan Chase Bank N.A., as administrative agent, collateral agent, issuing bank, and the other lenders party thereto. | Filed as Exhibit 10.1 to IAC’s Current Report on Form 8-K filed on June 17, 2025. |
| 10.8 | IAC/InterActiveCorp 2018 Stock and Annual Incentive Plan.(2) | Filed as Exhibit 10.1 to Old IAC’s Current Report on Form 8-K, filed on June 29, 2018. |
| 10.9 | Form of Notice and Terms and Conditions for 2020 Five-Year Restricted Stock Unit Awards.(2) | Filed as Exhibit 10.7 to IAC's Annual Report on Form 10-K for the fiscal year ended December 31, 2020. |
| 10.10 | Form of Notice and Terms and Conditions for 2023, 2024 and 2025 Restricted Stock Units.(2) | Filed as Exhibit 10.8 to IAC's Annual Report on Form 10-K for the fiscal year ended December 31, 2024. |
| 10.11 | IAC/InterActiveCorp 2013 Stock and Annual Incentive Plan.(2) | Filed as Exhibit 10.1 to Old IAC’s Quarterly Report on Form 10-Q for the fiscal quarter ended June 30, 2013. |
| 10.12 | Form of Terms and Conditions for Stock Options granted under the IAC/InterActiveCorp 2013 Stock and Annual Incentive Plan.(2) | Filed as Exhibit 10.6 to Old IAC’s Annual Report on Form 10-K for the fiscal year ended December 31, 2013. |
| 10.13 | IAC/InterActiveCorp 2008 Stock and Annual Incentive Plan.(2) | Filed as Annex F to Old IAC’s Definitive Proxy Statement, filed on July 11, 2008. |
| 10.14 | Form of Terms and Conditions for Stock Options granted under the IAC/InterActiveCorp 2008 Stock and Annual Incentive Plan.(2) | Filed as Exhibit 10.7 to Old IAC’s Annual Report on Form 10-K for the fiscal year ended December 31, 2008. |
| 10.15 | Summary of Non-Employee Director Compensation Arrangements.(2) | Filed as Exhibit 10.16 to IAC's Annual Report on Form 10-K for the fiscal year ended December 31, 2020. |
| 10.16 | 2011 IAC/InterActiveCorp Deferred Compensation Plan for Non-Employee Directors.(2) | Filed as Exhibit 10.1 to Old IAC's Quarterly Report on Form 10-Q for the fiscal quarter ended March 31, 2011. |
| 10.17 | Equity and Bonus Compensation Arrangement, dated as of August 24, 1995, between Barry Diller and the Registrant.(2) | Filed as Exhibit 10.26 to Old IAC’s Annual Report on Form 10-K for the fiscal year ended December 31, 1996. |
| 10.18 | Employment Transition Agreement between Joseph Levin and IAC Inc., dated as of January 13, 2025. (2) | Filed as Exhibit 10.1 to IAC Inc.'s Current Report on Form 8-K, filed on January 13, 2025. |
| 10.19 | Second Amended and Restated Employment Agreement between Victor A. Kaufman and IAC/InterActiveCorp, dated as of March 15, 2012.(2) | Filed as Exhibit 10.1 to Old IAC’s Quarterly Report on Form 10-Q for the fiscal quarter ended March 31, 2012. |
| 10.20 | Employment Agreement between Christopher Halpin andIAC/InterActiveCorp, dated as of January 4, 2022.(2) | Filed as Exhibit 10.19 to IAC's Annual Report on Form 10-K for the fiscal year ended December 31, 2021. |
| 10.21 | Employment Agreement between Kendall Handler and IAC/InterActiveCorp, dated as of December 31, 2020.(2) | Filed as Exhibit 10.25 to IAC's Annual Report on Form 10-K for the fiscal year ended December 31, 2020. |
| 10.22 | Google Services Agreement, dated as of October 26, 2015, between IAC/InterActiveCorp and Google Inc.(4) | Filed as Exhibit 10.24 to IAC's Annual Report on Form 10-K for the fiscal year ended December 31, 2023. |
| 10.23 | Amendment No. 3 to Google Services Agreement, dated as of February 11, 2019 (with an effective date of April 1, 2020), between IAC/InterActiveCorp and Google LLC.(4) | Filed as Exhibit 10.25 to IAC's Annual Report on Form 10-K for the fiscal year ended December 31, 2023. |
| 10.24 | Amendment No. 4 to Google Services Agreement, dated as of August 23, 2021 (with an effective date of August 1, 2021), between IAC/InterActiveCorp and Google LLC and certain of their respective subsidiaries.(4) | Filed as Exhibit 10.26 to IAC's Annual Report on Form 10-K for the fiscal year ended December 31, 2023. |
| 10.25 | Amendment No. 5 to Google Services Agreement, dated as of January 20, 2025 (with an effective date of April 1, 2025), between IAC Inc. and Google LLC and certain of their respective subsidiaries.(4) | Filed as Exhibit 10.23 to IAC’s Annual Report on Form 10-K for the fiscal year ended December 31, 2024. |
| 10.26 | Employee Matters Agreement by and betweenIAC/InterActiveCorp and Vimeo, Inc., dated as of May 24, 2021. | Filed as Exhibit 10.2 to IAC's Current Report on Form 8-K, filed on May 28, 2021. |
| 10.27 | Tax Matters Agreement by and between IAC/InterActiveCorp and Vimeo, Inc., dated as of May 24, 2021. | Filed as Exhibit 10.3 to IAC's Current Report on Form 8-K, filed on May 28, 2021. |
| 10.28 | Amended and Restated Employee Matters Agreement, dated as of June 30, 2020, by and between IAC/InterActiveCorp and Match Group, Inc. | Filed as Exhibit 10.3 to IAC's Current Report on Form 8-K, filed on July 2, 2020. |
| 10.29 | Tax Matters Agreement, dated as of June 30, 2020, by and between IAC/InterActiveCorp and Match Group, Inc. | Filed as Exhibit 10.2 to IAC’s Current Report on Form 8-K, filed on July 2, 2020. |
| 10.30 | Contribution Agreement, dated as of September 29, 2017, by and between IAC/InterActiveCorp and ANGI Homeservices Inc. | Filed as Exhibit 2.1 to Old IAC’s Current Report on Form 8-K, filed on October 2, 2017. |
| 10.31 | Employee Matters Agreement, dated as of September 29, 2017, by and between IAC/InterActiveCorp and ANGI Homeservices Inc.(1) | Filed as Exhibit 2.5 to Old IAC’s Current Report on Form 8-K, filed on October 2, 2017. |
| 10.32 | Investor Rights Agreement, dated as of September 29, 2017, by and between IAC/InterActiveCorp and ANGI Homeservices Inc. | Filed as Exhibit 2.2 to Old IAC’s Current Report on Form 8-K, filed on October 2, 2017. |
| 10.32 | Tax Sharing Agreement, dated as of September 29, 2017, by and between IAC/InterActiveCorp and ANGI Homeservices Inc. | Filed as Exhibit 2.4 to Old IAC’s Current Report on Form 8-K, filed on October 2, 2017. |
| 10.34 | Services Agreement, dated as of September 29, 2017, by and between IAC/InterActiveCorp and ANGI Homeservices Inc.(1) | Filed as Exhibit 2.3 to Old IAC’s Current Report on Form 8-K, filed on October 2, 2017. |
| 10.35 | Form of Notice for 2025 Dotdash Meredith Inc. Performance Based Restricted Stock Unit Awards.(2)(3) | |
| 19.1 | IAC Inc. Securities Trading Policy. | Filed as Exhibit 19.1 to IAC’s Annual Report on Form 10-K for the fiscal year ended December 31, 2025. |
| 21.1 | Subsidiaries of the Registrant as of December 31, 2025.(3) | |
| 23.1 | Consent of Ernst & Young LLP.(3) | |
| 23.2 | Consent of Deloitte & Touche LLP.(3) | |
| 31.1 | Certification of the Chairman and Senior Executive pursuant to Rule 13a-14(a) or 15d-14(a) of the Securities Exchange Act of 1934, as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.(3) | |
| 31.2 | Certification of the Chief Financial Officer pursuant to Rule 13a-14(a) or 15d-14(a) of the Securities Exchange Act of 1934, as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.(3) |
| 32.1 | Certification of the Chairman and Senior Executive pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.(5) | |
| 32.2 | Certification of the Chief Financial Officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.(5) | |
| 97.1 | IAC Inc. Compensation Clawback Policy. | Filed as Exhibit 97.1 to IAC's Annual Report on Form 10-K for the fiscal year ended December 31, 2023. |
| 99.1 | Consolidated Financial Statements of MGM Resorts International, Report of Independent Registered Public Accounting Firm thereon and Notes to such Consolidated Financial Statements - Incorporated by reference to Item 8 of MGM Resorts International's Annual Report on Form 10-K for the fiscal year ended December 31, 2025 (File No. 001-10362) filed with the Securities and Exchange Commission on February 11, 2026. | Item 8 of MGM Resorts International's Annual Report on Form 10-K for the fiscal year ended December 31, 2025 (File No. 001-10362) filed with the Securities and Exchange Commission on February 11, 2026. |
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(1)Annexes, schedules and/or exhibits have been omitted pursuant to Item 601(b)(2) of Regulation S-K. The Registrant agrees to furnish on a supplemental basis a copy of any omitted attachment to the SEC on a confidential basis upon request.
(2)Reflects management contracts and management and director compensatory plans.
(3)Filed herewith.
(4)Certain confidential information has been omitted from this exhibit pursuant to applicable SEC rules.
(5)Furnished herewith.
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