---
schema_version: "secwatch.filing_event.v1"
accession: "0001800227-24-000035"
form_type: "8-K"
ticker: "IAC"
cik: "0001800227"
company_name: "IAC Inc."
filed_at: "2024-08-06T23:59:59+00:00"
generated_at: "2026-05-31T12:27:09.330091+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# IAC Q2 revenue down 15% but operating loss narrows 78%; Adj EBITDA up 24%

## Summary
- Revenue $949.5M (-15% YoY); operating loss improved to -$12M from -$55.5M.
- Adjusted EBITDA $87.3M (+24% YoY); Dotdash Meredith Digital revenue +12%.
- Angi Inc. operating income swung to $9.2M profit vs -$15.4M loss; Adj EBITDA +115%.
- Search revenue fell 43% to $101.8M; Emerging & Other -38% due to divestitures.
- Free Cash Flow H1 2024 $117.3M vs $20.1M; Angi Inc. new 25M share buyback auth.

## SEC filing metadata
- accession: 0001800227-24-000035
- form_type: 8-K
- ticker: IAC
- cik: 0001800227
- company_name: IAC Inc.
- filed_at: 2024-08-06T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1800227/000180022724000035/0001800227-24-000035-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1800227/000180022724000035/iaci-20240806.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001800227-24-000035
- JSON: https://secwatch.observer/filing/0001800227-24-000035.json
- Plain text: https://secwatch.observer/filing/0001800227-24-000035.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.