IAC reports Q4 2025 revenue down 10% to $646M; net loss $76.8M, adjusted EBITDA up 29%

IAC Inc.

2025-FY EPS reported -$1.30 revenue$2,393,189,000

People Inc. digital revenue up 14% to $354.8M; full-year digital revenue $1.1B (+10%).
Care.com revenue down 9% to $85.7M; recorded $207.5M non-cash goodwill impairment.
Search revenue fell 68% to $29M due to Google algorithm changes and affiliate channel reduction.
Repurchased 1.0M shares for $37M in Q4; bought additional 1M shares of MGM for $40M.
Free cash flow $44.8M vs $177.4M prior year; FY2026 outlook referenced but not fully disclosed.

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