IAC Q3 revenue down 8% to $589.8M; People Inc. digital rev up 9%, signs Microsoft AI deal

IAC Inc.

2025-Q3 EPS reported -$0.34 revenue$1,747,210,000

Q3 revenue $589.8M (-8% YoY); operating loss $20.4M vs income $8.1M; net loss $21.9M ($0.27 loss per share).
Adjusted EBITDA fell 59% to $29.1M; excluding one-time items, Adj. EBITDA would have been $64M.
People Inc. digital revenue up 9% to $269M; licensed content to Microsoft for AI Copilot via Publisher Content Marketplace.
Repurchased 2.8M shares for $100M since Q2; 6.4M shares remain under authorization.
FY 2025 guidance: People Inc. operating income $180-200M, Adj. EBITDA $325-340M.

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