---
schema_version: "secwatch.filing_event.v1"
accession: "0001800227-25-000025"
form_type: "8-K"
ticker: "IAC"
cik: "0001800227"
company_name: "IAC Inc."
filed_at: "2025-05-05T23:59:59+00:00"
generated_at: "2026-05-22T18:12:53.817091+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Dotdash Meredith reports Q1 net income of $9.2M vs year-ago net loss of $34.0M

## Summary
- Revenue $393.1M, up from $390.5M; operating income $43.2M vs $(20.8M) loss.
- Net earnings of $9.2 million versus net loss of $34.0 million in prior-year quarter.
- Included $36.2M gain on lease termination in general and administrative expense.
- Long-term debt of $1.47B; Term Loan A at $288.8M and Term Loan B-1 at $1.18B.
- DDM is a wholly-owned subsidiary of IAC; financials furnished under Regulation FD.

## SEC filing metadata
- accession: 0001800227-25-000025
- form_type: 8-K
- ticker: IAC
- cik: 0001800227
- company_name: IAC Inc.
- filed_at: 2025-05-05T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1800227/000180022725000025/0001800227-25-000025-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1800227/000180022725000025/iaci-20250505.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001800227-25-000025
- JSON: https://secwatch.observer/filing/0001800227-25-000025.json
- Plain text: https://secwatch.observer/filing/0001800227-25-000025.txt

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