Dotdash Meredith 2025 net income $62.5M vs prior loss; revenue flat

IAC Inc.

2025 net earnings $62.5M, improved from ($12.0M) loss in 2024; operating income $212.6M vs $106.9M.
Revenue $1.76B in 2025, roughly flat vs $1.78B in 2024.
Issued $400M 7.625% senior secured notes due 2032; refinanced term loans with $991M net proceeds.
Total assets $3.0B; cash $284M; long-term debt $1.40B (net) at Dec 2025.
Subsidiary rebranded as People Inc. in July 2025; audited by Ernst & Young.

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