IAC FY 2025 Search revenue falls 45% to USD 212.88 million

Reuters02-20

IAC reported FY 2025 revenue of USD 2.39 billion (-9%) and an operating loss of USD 97.42 million (vs. USD 28.68 million in FY 2024). Net loss attributable to shareholders was USD 104.03 million, with diluted loss per share from continuing operations of USD 1.46. Adjusted EBITDA was USD 272.97 million (+18%), including People Inc. Adjusted EBITDA of USD 357.08 million (+21%) and Care.com Adjusted EBITDA of USD 46.79 million (+4%). The company recorded a USD 207.45 million goodwill impairment at Care.com in Q4, and ended FY 2025 with cash and cash equivalents of USD 960.21 million. By segment, People Inc. revenue was USD 1.76 billion (-1%), with Digital revenue of USD 1.11 billion (+10%) and Print revenue of USD 684.77 million (-14%); People Inc. Digital total sessions were 9.55 billion (-10%). Care.com revenue was USD 347.38 million (-6%), while Search revenue fell to USD 212.88 million (-45%), with 99% of Search revenue earned under its Google Services Agreement. IAC said Google issued a notice of non-renewal on Dec. 10, 2025, and the agreement is expected to expire on March 31, 2026, with revised terms under negotiation. In corporate updates, Dotdash Meredith was rebranded as People Inc. on July 31, 2025, and IAC completed the Angi spin-off on March 31, 2025, with Angi presented as discontinued operations prior to the distribution. IAC also reported owning 65.8 million MGM shares (about 25.5% of MGM) and an approximately 33% stake in Turo as of Dec. 31, 2025.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. IAC Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001628280-26-009997), on February 20, 2026, and is solely responsible for the information contained therein.

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Net loss attributable to shareholders was USD 104.03 million, with diluted loss per share from continuing operations of USD 1.46. Adjusted EBITDA was USD 272.97 million (+18%), including People Inc. Adjusted EBITDA of USD 357.08 million (+21%) and Care.com Adjusted EBITDA of USD 46.79 million (+4%). The company recorded a USD 207.45 million goodwill impairment at Care.com in Q4, and ended FY 2025 with cash and cash equivalents of USD 960.21 million. By segment, People Inc. revenue was USD 1.76 billion (-1%), with Digital revenue of USD 1.11 billion (+10%) and Print revenue of USD 684.77 million (-14%); People Inc. Digital total sessions were 9.55 billion (-10%). Care.com revenue was USD 347.38 million (-6%), while Search revenue fell to USD 212.88 million (-45%), with 99% of Search revenue earned under its Google Services Agreement. IAC said Google issued a notice of non-renewal on Dec. 10, 2025, and the agreement is expected to expire on March 31, 2026, with revised terms under negotiation. In corporate updates, Dotdash Meredith was rebranded as People Inc. on July 31, 2025, and IAC completed the Angi spin-off on March 31, 2025, with Angi presented as discontinued operations prior to the distribution. IAC also reported owning 65.8 million MGM shares (about 25.5% of MGM) and an approximately 33% stake in Turo as of Dec. 31, 2025.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n<i>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. 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Net loss attributable to shareholders was USD 104.03 million, with diluted loss per share from continuing operations of USD 1.46. Adjusted EBITDA was USD 272.97 million (+18%), including People Inc. Adjusted EBITDA of USD 357.08 million (+21%) and Care.com Adjusted EBITDA of USD 46.79 million (+4%). The company recorded a USD 207.45 million goodwill impairment at Care.com in Q4, and ended FY 2025 with cash and cash equivalents of USD 960.21 million. By segment, People Inc. revenue was USD 1.76 billion (-1%), with Digital revenue of USD 1.11 billion (+10%) and Print revenue of USD 684.77 million (-14%); People Inc. Digital total sessions were 9.55 billion (-10%). Care.com revenue was USD 347.38 million (-6%), while Search revenue fell to USD 212.88 million (-45%), with 99% of Search revenue earned under its Google Services Agreement. IAC said Google issued a notice of non-renewal on Dec. 10, 2025, and the agreement is expected to expire on March 31, 2026, with revised terms under negotiation. In corporate updates, Dotdash Meredith was rebranded as People Inc. on July 31, 2025, and IAC completed the Angi spin-off on March 31, 2025, with Angi presented as discontinued operations prior to the distribution. IAC also reported owning 65.8 million MGM shares (about 25.5% of MGM) and an approximately 33% stake in Turo as of Dec. 31, 2025.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n<i>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. <a href=\"https://laohu8.com/S/IAC\">IAC Inc</a>. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001628280-26-009997), on February 20, 2026, and is solely responsible for the information contained therein.</span></i>\n</p>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"IE00BN8TJ469.HKD","symbol_name":"FTGF CLEARBRIDGE TACTICAL DIVIDEND INCOME \"A\" (HKD) INC","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260220:nNDL9QQS2K:1","article_id":"2612552269","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2612552269","pubTimestamp":1771586919,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Disclaimer: This news brief was created by Public Technologies  using generative artificial intelligence. 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Net loss attributable to shareholders was USD 104.03 million, with diluted loss per share from continuing operations of USD 1.46. Adjusted EBITDA was USD 272.97 million (+18%), including People Inc. Adjusted EBITDA of USD 357.08 million (+21%) and Care.com Adjusted EBITDA of USD 46.79 million (+4%). The company recorded a USD 207.45 million goodwill impairment at Care.com in Q4, and ended FY 2025 with cash and cash equivalents of USD 960.21 million. By segment, People Inc. revenue was USD 1.76 billion (-1%), with Digital revenue of USD 1.11 billion (+10%) and Print revenue of USD 684.77 million (-14%); People Inc. Digital total sessions were 9.55 billion (-10%). Care.com revenue was USD 347.38 million (-6%), while Search revenue fell to USD 212.88 million (-45%), with 99% of Search revenue earned under its Google Services Agreement. IAC said Google issued a notice of non-renewal on Dec. 10, 2025, and the agreement is expected to expire on March 31, 2026, with revised terms under negotiation. In corporate updates, Dotdash Meredith was rebranded as People Inc. on July 31, 2025, and IAC completed the Angi spin-off on March 31, 2025, with Angi presented as discontinued operations prior to the distribution. IAC also reported owning 65.8 million MGM shares (about 25.5% of MGM) and an approximately 33% stake in Turo as of Dec. 31, 2025.\n      \n\n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. IAC Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001628280-26-009997), on February 20, 2026, and is solely responsible for the information contained therein.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"dataReport","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.36.2","shortVersion":"4.36.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2612552269","isCrawlerRequest":true}