secwatch.observer — SEC 8-K summary
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Issuer:     IAC Inc. (IAC)
CIK:        0001800227
Form:       8-K
Filed at:   2026-04-07T23:59:59+00:00
Accession:  0001628280-26-024065
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

IAC recasts 2023-2025 financials: reclassifies digital agency business, shows Care.com as discontinued ops
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- Effective Jan 1, 2026, digital portion of legacy agency business moved from Print to Digital segment within Dotdash Meredith to align with D/Cipher ad capabilities.
- Care.com sale completed March 16, 2026; its operations presented as discontinued operations for all prior periods.
- Recast 2025 People Inc. Digital revenue $1.16B (flat YoY); Print revenue $622.3M vs $711.6M in 2024, reflecting secular decline.
- Continuing-ops total revenue for 2025: $2.046B (down 9% from $2.253B in 2024); Adjusted EBITDA $226.3M (up from $186.8M).
- No other changes to reportable segments; recast data covers FY 2023-2025 and quarterly periods.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1800227/000162828026024065/0001628280-26-024065-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1800227/000162828026024065/iaci-20260407.htm
  HTML page:      https://secwatch.observer/filing/0001628280-26-024065

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