8-K
filed May 5, 2026, 7:59 PM ET
ticker ANGI
CIK 0001705110
earnings
confidence high
sentiment negative
materiality 0.80
Angi Q1 revenue down 3% to $238.2M, posts operating loss of $9.5M, restructures workforce
Angi Inc.
2026-Q1 EPS reported
-$0.22
revenue$238,150,000
- Net loss of $9.0M ($0.22 diluted EPS) vs net income of $15.1M ($0.30) in Q1 2025.
- Adjusted EBITDA fell 17% to $22.9M; incurred $14.9M restructuring charge for workforce reduction.
- Proprietary Service Requests grew 17% YoY; Network Revenue fell 56% due to homeowner choice implementation.
- Repurchased $100M principal of 2028 Senior Notes at discount, generating $8.4M gain.
- Promoted Michael Wanderer to COO and appointed Austin Kaplicer as Chief Accounting Officer.
Machine-readable event card
- schema_version
- secwatch.filing_event.v1
- accession
- 0001705110-26-000042
- form_type
- 8-K
- ticker
- ANGI
- cik
- 0001705110
- company_name
- Angi Inc.
- filed_at
- 2026-05-05T23:59:59+00:00
- discovered_at
- 2026-05-14T18:02:32.774209+00:00
- generated_at
- 2026-05-14T23:26:49.047228+00:00
- sec_items
- ["2.02", "7.01", "5.02", "9.01"]
- event_type
- earnings
- sentiment
- negative
- materiality_score
- 0.8
- calibrated_materiality_score
- 0.8
- confidence
- high
- secwatch_canonical_url
- https://secwatch.observer/filing/0001705110-26-000042
- json_url
- https://secwatch.observer/filing/0001705110-26-000042.json
- markdown_url
- https://secwatch.observer/filing/0001705110-26-000042.md
- text_url
- https://secwatch.observer/filing/0001705110-26-000042.txt
- edgar_index_url
- https://www.sec.gov/Archives/edgar/data/1705110/000170511026000042/0001705110-26-000042-index.htm
- edgar_primary_document_url
- https://www.sec.gov/Archives/edgar/data/1705110/000170511026000042/angi-20260505.htm
- generated_by_model
- deepseek-v4-flash:cloud@v2
- review_status
- machine_generated
- human_reviewed
- false
- corrected
- false
- correction_note
- null
- correction_timestamp
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--- EX-99.1 (EX-99.1) ---
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