---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-019731"
form_type: "8-K"
ticker: "IAC"
cik: "0001800227"
company_name: "IAC Inc."
filed_at: "2023-02-13T23:59:59+00:00"
generated_at: "2026-06-19T16:24:44.315738+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# IAC Q4 revenue up 8% to $1.25B; adjusted EBITDA $99.7M vs $3.5M last year

## Summary
- Q4 revenue $1.25B (+8%); net loss $1.4M vs profit $13M; diluted EPS -$0.02 vs +$0.14.
- Adjusted EBITDA surged to $99.7M from $3.5M; Dotdash Meredith generated $73.3M vs -$15.1M (includes restructuring).
- Angi Inc. revenue +6% to $442M; operating loss $60.4M (incl. $26M Roofing goodwill impairment) but Adj. EBITDA $15.7M vs -$3.3M.
- Search revenue fell 45% to $153M; Emerging & Other down 16% to $177M (sold Bluecrew Nov 2022, gain $132.2M).
- FY 2022 free cash flow negative $222.5M; cash $1.7B, debt $2.1B; holds 64.7M MGM shares worth $2.8B.

## SEC filing metadata
- accession: 0001104659-23-019731
- form_type: 8-K
- ticker: IAC
- cik: 0001800227
- company_name: IAC Inc.
- filed_at: 2023-02-13T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1800227/000110465923019731/0001104659-23-019731-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1800227/000110465923019731/tm236513d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-019731
- JSON: https://secwatch.observer/filing/0001104659-23-019731.json
- Plain text: https://secwatch.observer/filing/0001104659-23-019731.txt

## Key facts
- Earnings Releases
  IAC Inc. reported Q4 2022 results: revenue $1,246.5, net income (1.4), EPS (0.02).
  - Period: Q4 2022
  - Revenue: $1,246.5
  - Net income: (1.4)
  - EPS: (0.02)
  - Result: reported results
  source text: the Investor Relations section of its website at ir.iac.com . IAC SUMMARY RESULTS ($ in millions except per share amounts) Q4 2022 Q4 2021 Growth FY 2022 FY 2021 Growth Revenue $ 1,246.5 $ 1,159.4 8 % $ 5,235.3 $ 3,699.6 42 % Operating loss (75.1 ) (69.4 ) -8 % (474.8 ) (137.1 ) -246 % Unrealized gain (loss) on investment in MGM 246.6 102.1 141 % (723.5 ) 789.3 NM
  evidence_url: https://www.sec.gov/Archives/edgar/data/1800227/000110465923019731/0001104659-23-019731-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.