secwatch.observer — SEC 8-K summary
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Issuer:     IAC Inc. (IAC)
CIK:        0001800227
Form:       8-K
Filed at:   2026-02-03T23:59:59+00:00
Accession:  0001628280-26-004988
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1800227/000162828026004988/0001628280-26-004988-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1800227/000162828026004988/iaci-20260203.htm
  HTML page:      https://secwatch.observer/filing/0001628280-26-004988

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer