IAC Inc.
For the period ended Mar 31, 2026. Filed May 4, 2026.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2026 · Filed May 4, 2026
PPLI$42.08+2.6%Stored close · as of Nov 6, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statement of Shareholders' Equity
Three months ended March 31, 2026
| Redeemable Noncontrolling Interests · Common Stock, $0.0001 par value · Class B common stock, $0.0001 par value · Additional Paid-in-Capital · Accumulated Deficit · Accumulated Other Comprehensive Loss · Treasury Stock · Total IACShareholders' Equity · NoncontrollingInterests · Total Shareholders' Equity | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| $ · Shares · $ · Shares | ||||||||||||
| (In thousands) | ||||||||||||
| Balance at December 31, 2025 | $25,264 | $8 | 83,581 | $1 | 5,789 | $5,959,692 | $(643,000) | $(11,842) | $(571,032) | $4,733,827 | $29,932 | $4,763,759 |
| Net earnings (loss) | 65 | — | — | — | — | — | (71,882) | — | — | (71,882) | 1,147 | (70,735) |
| Other comprehensive loss, net of income taxes | — | — | — | — | — | — | — | (2,212) | — | (2,212) | — | (2,212) |
| Stock-based compensation expense | — | — | — | — | — | 16,996 | — | — | — | 16,996 | 353 | 17,349 |
| Issuance of common stock pursuant to stock-based awards, net of withholding taxes | — | — | 502 | — | — | (18,041) | — | — | — | (18,041) | — | (18,041) |
| Purchase of IAC treasury stock | — | — | — | — | — | — | — | — | (124,858) | (124,858) | — | (124,858) |
| Payment received pursuant to the tax sharing agreement with Angi Inc. | — | — | — | — | — | 6,542 | — | — | — | 6,542 | — | 6,542 |
| Allocation of certain tax attributes in connection with the Angi Inc. Distribution | — | — | — | — | — | (1,104) | — | — | — | (1,104) | — | (1,104) |
| Adjustment to the Angi Inc. Distribution following the repeal of Canada's digital service tax | — | — | — | — | — | (1,460) | — | — | — | (1,460) | — | (1,460) |
| Adjustment of noncontrolling interests to redemption amount | (13,091) | — | — | — | — | 13,091 | — | — | — | 13,091 | — | 13,091 |
| Adjustment to the liquidation value of Vivian Health preferred shares | — | — | — | — | — | (1,565) | — | — | — | (1,565) | 1,565 | — |
| Other | (2) | — | — | — | — | 118 | — | — | — | 118 | — | 118 |
| Balance at March 31, 2026 | $12,236 | $8 | 84,083 | $1 | 5,789 | $5,974,269 | $(714,882) | $(14,054) | $(695,890) | $4,549,452 | $32,997 | $4,582,449 |
CONSOLIDATED STATEMENT OF SHAREHOLDERS' EQUITY
Three months ended March 31, 2025
| Redeemable Noncontrolling Interests · Common Stock, $0.0001 par value · Class B common stock, $0.0001 par value · Additional Paid-in-Capital · Accumulated Deficit · Accumulated Other Comprehensive (Loss) Income · Treasury Stock · Total IACShareholders' Equity · NoncontrollingInterests · Total Shareholders' Equity | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| $ · Shares · $ · Shares | ||||||||||||
| (In thousands) | ||||||||||||
| Balance at December 31, 2024 | $25,415 | $8 | 84,831 | $1 | 5,789 | $6,380,700 | $(538,974) | $(11,396) | $(252,441) | $5,577,898 | $701,075 | $6,278,973 |
| Net (loss) earnings | (8) | — | — | — | — | — | (216,805) | — | — | (216,805) | 2,245 | (214,560) |
| Other comprehensive income, net of income taxes | — | — | — | — | — | — | — | 781 | — | 781 | 433 | 1,214 |
| Stock-based compensation expense | — | — | — | — | — | (20,400) | — | — | — | (20,400) | (652) | (21,052) |
| Issuance of common stock pursuant to stock-based awards, net of withholding taxes | — | — | 791 | — | — | (35,859) | — | — | — | (35,859) | — | (35,859) |
| Forfeiture of IAC's former CEO's restricted common stock award | — | — | (3,000) | — | — | — | — | — | — | — | — | — |
| Withholding taxes paid on IAC's transfer of Angi Inc. Class B shares to its former CEO | — | — | — | — | — | (9,347) | — | — | — | (9,347) | — | (9,347) |
| Issuance of Angi Inc. common stock pursuant to stock-based awards, net of withholding taxes, prior to the Distribution | — | — | — | — | — | (8,264) | — | 4 | — | (8,260) | 3,688 | (4,572) |
| Purchase of IAC treasury stock | — | — | — | — | — | — | — | — | (180,827) | (180,827) | — | (180,827) |
| Purchase of Angi Inc. treasury stock prior to the Distribution | — | — | — | — | — | (10,688) | — | — | — | (10,688) | — | (10,688) |
| Adjustment of noncontrolling interests to redemption amount | (113) | — | — | — | — | 113 | — | — | — | 113 | — | 113 |
| Adjustment to the liquidation value of Vivian Health preferred shares | — | — | — | — | — | (17) | — | — | — | (17) | 17 | — |
| Distribution of IAC's investment in Angi Inc. | — | — | — | — | — | (1,065,612) | — | (382) | — | (1,065,994) | — | (1,065,994) |
| Elimination of Angi Inc. noncontrolling interest | — | — | — | — | — | 682,927 | — | — | — | 682,927 | (682,927) | — |
| Other | — | — | — | — | — | 37 | — | — | — | 37 | — | 37 |
| Balance at March 31, 2025 | $25,294 | $8 | 82,622 | $1 | 5,789 | $5,913,590 | $(755,779) | $(10,993) | $(433,268) | $4,713,559 | $23,879 | $4,737,438 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.