---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-019739"
form_type: "8-K"
ticker: "ANGI"
cik: "0001705110"
company_name: "Angi Inc."
filed_at: "2023-02-13T23:59:59+00:00"
generated_at: "2026-06-19T16:16:01.278746+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Angi Q4 2022 revenue $441.5M (+6% YoY); operating loss widens to $60M, adjusted EBITDA turns positive $15.7M

## Summary
- Net loss $53.3M ($0.11 diluted EPS) vs net loss $26.0M ($0.05) in Q4 2021.
- Gross profit up 8% to $339.3M; operating loss includes $26M goodwill impairment at Roofing.
- Ads and Leads revenue +7% to $299.9M, Services +10% to $90.7M, Roofing +5% to $32.2M.
- FY 2023 guidance: operating loss $45-$110M, Adjusted EBITDA $60-$100M.
- Free cash flow negative $89.3M for FY2022 vs negative $64M; $321M cash, $500M debt.

## SEC filing metadata
- accession: 0001104659-23-019739
- form_type: 8-K
- ticker: ANGI
- cik: 0001705110
- company_name: Angi Inc.
- filed_at: 2023-02-13T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1705110/000110465923019739/0001104659-23-019739-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1705110/000110465923019739/tm236510d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-019739
- JSON: https://secwatch.observer/filing/0001104659-23-019739.json
- Plain text: https://secwatch.observer/filing/0001104659-23-019739.txt

## Key facts
- Earnings Releases
  Angi Inc. reported Q4 2022 results: revenue $ 441.5. Guidance initiated.
  - Period: Q4 2022
  - Revenue: $ 441.5
  - Guidance: initiated
  - Result: reported results
  source text: Relations section of IAC’s website at ir.iac.com . ANGI INC. SUMMARY RESULTS ($ in millions except per share amounts) Q4 2022 Q4 2021 Growth FY 2022 FY 2021 Growth Revenue $ 441.5 $ 415.9 6 % $ 1,891.5 $ 1,685.4 12 % Gross profit 339.3 313.0 8 % 1,453.5 1,359.6 7 % Operating loss (60.4 ) (28.9 ) -109 % (126.3 ) (76.5 ) -65 % Net loss (53.3 ) (26.0 ) -105 %
  evidence_url: https://www.sec.gov/Archives/edgar/data/1705110/000110465923019739/0001104659-23-019739-index.htm

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