Angi Inc.
For the period ended Jun 30, 2026. Filed Aug 4, 2026.
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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.
Jun 30, 2026 · Filed Aug 4, 2026
ANGI$6.92-5.5%Stored close · as of Nov 6, 2026
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Consolidated Statement of Operations
| Three Months Ended June 30, | Six Months Ended June 30, | |||
|---|---|---|---|---|
| 2026 | 2025 | 2026 | 2025 | |
| (In thousands, except per share data) | ||||
| Revenue | $248,003 | $278,221 | $486,153 | $524,134 |
| Cost of revenue (exclusive of depreciation shown separately below) | 11,669 | 13,142 | 21,362 | 26,157 |
| Gross profit | 236,334 | 265,079 | 464,791 | 497,977 |
| Operating costs and expenses: | ||||
| Selling and marketing expense | 142,256 | 139,453 | 282,189 | 257,994 |
| General and administrative expense | 59,885 | 74,081 | 117,816 | 131,400 |
| Product development expense | 10,901 | 23,594 | 21,341 | 50,681 |
| Depreciation | 21,039 | 10,278 | 35,733 | 20,226 |
| Restructuring | 774 | — | 15,697 | — |
| Goodwill impairment | 225,628 | — | 225,628 | — |
| Impairment of intangibles | 9,600 | — | 9,600 | — |
| Total operating costs and expenses | 470,083 | 247,406 | 708,004 | 460,301 |
| Operating (loss) income | (233,749) | 17,673 | (243,213) | 37,676 |
| Interest expense | (4,807) | (5,051) | (10,137) | (10,095) |
| Other income, net | 6,971 | 4,819 | 12,070 | 9,647 |
| (Loss) earnings before income taxes | (231,585) | 17,441 | (241,280) | 37,228 |
| Income tax benefit (provision) | 918 | (6,544) | 1,635 | (11,225) |
| Net (loss) earnings attributable to Angi Inc. shareholders | $(230,667) | $10,897 | $(239,645) | $26,003 |
| Per share information attributable to Angi Inc. shareholders: | ||||
| Basic (loss) earnings per share | $(5.70) | $0.23 | $(5.95) | $0.54 |
| Diluted (loss) earnings per share | $(5.70) | $0.23 | $(5.95) | $0.53 |
| Stock-based compensation expense by function: | ||||
| Selling and marketing expense | $739 | $808 | $1,014 | $1,444 |
| General and administrative expense | 3,317 | 3,637 | 6,170 | (3,210) |
| Product development expense | 900 | 609 | 524 | 4,533 |
| Total stock-based compensation expense | $4,956 | $5,054 | $7,708 | $2,767 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.