IAC Inc.
For the period ended Jun 30, 2025. Filed Aug 4, 2025.
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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, 2025 · Filed Aug 4, 2025
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 and six months ended June 30, 2025
| Redeemable Noncontrolling Interests · Common Stock, $0.0001 par value · Class B common stock, $0.0001 par value · Additional Paid-in-Capital · (Accumulated Deficit) Retained Earnings · Accumulated Other Comprehensive (Loss) Income · Treasury Stock · Total IACShareholders' Equity · NoncontrollingInterests · Total Shareholders' Equity | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| $ · Shares · $ · Shares | ||||||||||||
| (In thousands) | ||||||||||||
| 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 |
| Net earnings (loss) | 96 | — | — | — | — | — | 211,452 | — | — | 211,452 | (915) | 210,537 |
| Other comprehensive loss, net of income taxes | — | — | — | — | — | — | — | (109) | — | (109) | — | (109) |
| Stock-based compensation expense | — | — | — | — | — | 17,031 | — | — | — | 17,031 | 2,444 | 19,475 |
| Issuance of common stock pursuant to stock-based awards, net of withholding taxes | — | — | 324 | — | — | (9,320) | — | — | — | (9,320) | — | (9,320) |
| Purchase of IAC treasury stock | — | — | — | — | — | — | — | — | (20,698) | (20,698) | — | (20,698) |
| Adjustment of noncontrolling interests to redemption amount | (78) | — | — | — | — | 78 | — | — | — | 78 | — | 78 |
| Adjustment to the liquidation value of Vivian Health preferred shares | — | — | — | — | — | (1,003) | — | — | — | (1,003) | 1,003 | — |
| Other | (33) | — | — | — | — | 102 | — | — | — | 102 | — | 102 |
| Balance at June 30 2025 | $25,279 | $8 | 82,946 | $1 | 5,789 | $5,920,478 | $(544,327) | $(11,102) | $(453,966) | $4,911,092 | $26,411 | $4,937,503 |
| 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 earnings (loss) | 88 | — | — | — | — | — | (5,353) | — | — | (5,353) | 1,330 | (4,023) |
| Other comprehensive income, net of income taxes | — | — | — | — | — | — | — | 672 | — | 672 | 433 | 1,105 |
| Stock-based compensation expense | — | — | — | — | — | (3,369) | — | — | — | (3,369) | 1,792 | (1,577) |
| Issuance of common stock pursuant to stock-based awards, net of withholding taxes | — | — | 1,115 | — | — | (45,179) | — | — | — | (45,179) | — | (45,179) |
| 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. Class A 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 | — | — | — | — | — | — | — | — | (201,525) | (201,525) | — | (201,525) |
| Purchase of Angi Inc. treasury stock prior to the Distribution | — | — | — | — | — | (10,688) | — | — | — | (10,688) | — | (10,688) |
| Adjustment of noncontrolling interests to redemption amount | (191) | — | — | — | — | 191 | — | — | — | 191 | — | 191 |
| Adjustment to the liquidation value of Vivian Health preferred shares | — | — | — | — | — | (1,020) | — | — | — | (1,020) | 1,020 | — |
| 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 | (33) | — | — | — | — | 139 | — | — | — | 139 | — | 139 |
| Balance at June 30, 2025 | $25,279 | $8 | 82,946 | $1 | 5,789 | $5,920,478 | $(544,327) | $(11,102) | $(453,966) | $4,911,092 | $26,411 | $4,937,503 |
CONSOLIDATED STATEMENT OF SHAREHOLDERS' EQUITY
Three and six months ended June 30, 2024
| Redeemable Noncontrolling Interests · Common Stock, $0.0001 par value · Class B common stock, $0.0001 par value · Additional Paid-in-Capital · Retained Earnings (Accumulated Deficit) · Accumulated Other Comprehensive Loss · Treasury Stock · Total IACShareholders' Equity · NoncontrollingInterests · Total Shareholders' Equity | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| $ · Shares · $ · Shares | ||||||||||||
| (In thousands) | ||||||||||||
| Balance at March 31, 2024 | $32,622 | $8 | 84,638 | $1 | 5,789 | $6,346,106 | $45,954 | $(6,893) | $(252,441) | $6,132,735 | $684,107 | $6,816,842 |
| Net (loss) earnings | (82) | — | — | — | — | — | (142,232) | — | — | (142,232) | 847 | (141,385) |
| Other comprehensive income (loss), net of income taxes | — | — | — | — | — | — | — | 418 | — | 418 | (41) | 377 |
| Stock-based compensation expense | — | — | — | — | — | 20,425 | — | — | — | 20,425 | 10,093 | 30,518 |
| Issuance of common stock pursuant to stock-based awards, net of withholding taxes | — | — | 45 | — | — | (692) | — | — | — | (692) | — | (692) |
| Issuance of Angi Inc. common stock pursuant to stock-based awards, net of withholding taxes | — | — | — | — | — | 4,113 | — | 2 | — | 4,115 | (5,594) | (1,479) |
| Purchase of Angi Inc. treasury stock | — | — | — | — | — | (11,484) | — | — | — | (11,484) | — | (11,484) |
| Adjustment of noncontrolling interests to redemption amount | (3,337) | — | — | — | — | 3,337 | — | — | — | 3,337 | — | 3,337 |
| Adjustment to the liquidation value of Vivian Health preferred shares | — | — | — | — | — | 1,699 | — | — | — | 1,699 | (1,699) | — |
| Other | (71) | — | — | — | — | 44 | — | — | — | 44 | — | 44 |
| Balance at June 30, 2024 | $29,132 | $8 | 84,683 | $1 | 5,789 | $6,363,548 | $(96,278) | $(6,473) | $(252,441) | $6,008,365 | $687,713 | $6,696,078 |
| Balance at December 31, 2023 | $33,378 | $8 | 84,465 | $1 | 5,789 | $6,340,312 | $923 | $(10,942) | $(252,441) | $6,077,861 | $677,142 | $6,755,003 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net (loss) earnings | (91) | — | — | — | — | — | (97,201) | — | — | (97,201) | 797 | (96,404) |
| Other comprehensive income (loss), net of income taxes | — | — | — | — | — | — | — | 4,465 | — | 4,465 | (195) | 4,270 |
| Stock-based compensation expense | — | — | — | — | — | 39,935 | — | — | — | 39,935 | 21,112 | 61,047 |
| Issuance of common stock pursuant to stock-based awards, net of withholding taxes | — | — | 218 | — | — | (8,815) | — | — | — | (8,815) | — | (8,815) |
| Issuance of Angi Inc. common stock pursuant to stock-based awards, net of withholding taxes | — | — | — | — | — | 2,255 | — | 4 | — | 2,259 | (7,002) | (4,743) |
| Purchase of Angi Inc. treasury stock | — | — | — | — | — | (18,184) | — | — | — | (18,184) | — | (18,184) |
| Adjustment of noncontrolling interests to redemption amount | (3,842) | — | — | — | — | 3,842 | — | — | — | 3,842 | — | 3,842 |
| Adjustment to the liquidation value of Vivian Health preferred shares | — | — | — | — | — | 4,141 | — | — | — | 4,141 | (4,141) | — |
| Other | (313) | — | — | — | — | 62 | — | — | — | 62 | — | 62 |
| Balance at June 30, 2024 | $29,132 | $8 | 84,683 | $1 | 5,789 | $6,363,548 | $(96,278) | $(6,473) | $(252,441) | $6,008,365 | $687,713 | $6,696,078 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.