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.

item 2.02 item 7.01 item 5.02 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Appointed

Austin Kaplicer

Principal Accounting Officer

ANGI · Angi Inc.

Effective: 2026-05-04
Filed: May 5, 2026, 7:59 PM ET

Appointment of Principal Accounting Officer On May 4, 2026, Mr. Austin Kaplicer w

Role change

Michael Wanderer

Chief Operating Officer

ANGI · Angi Inc.

Effective: 2026-05-04
Filed: May 5, 2026, 7:59 PM ET

On May 4, 2026, Mr. Michael Wanderer was appointed as Chief Operating Officer of Angi.

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Angi Inc. reported Q1 2026 results: revenue $238.2, net income $(9.0) million, EPS $(0.22) per diluted share.

Period: Q1 2026
Revenue: $238.2
Net income: $(9.0) million
EPS: $(0.22) per diluted share
Result: reported results

Exact text from the filing

ANGI INC. SUMMARY RESULTS ($ in millions except per share amounts) Q1 2026 Q1 2025 % Change Revenue $ 238.2 $ 245.9 (3) %

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Austin Kaplicer was appointed as Principal Accounting Officer at Angi Inc..

Action: appointed
Role: Principal Accounting Officer

Exact text from the filing

Appointment of Principal Accounting Officer On May 4, 2026, Mr. Austin Kaplicer w

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Michael Wanderer was appointed as Chief Operating Officer at Angi Inc..

Action: appointed
Role: Chief Operating Officer

Exact text from the filing

On May 4, 2026, Mr. Michael Wanderer was appointed as Chief Operating Officer of Angi.

View on SEC.gov

3 earnings releases filed in the last 30 days. Browse all earnings releases →

Angi Inc. filing history →

Source: SEC EDGAR

accession 0001705110-26-000042

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