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Iac Interactivecorp Financials

IAC
Source SEC Filings (10-K/10-Q) Updated Dec 31, 2025 Currency USD FYE December

This page shows Iac Interactivecorp (IAC) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 9 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Financial Health Signals

Profitability Growth Leverage Liquidity Cash Flow Returns 36 / 100
Financial Profile 36/100

Based on FY2025 annual data. Scores normalized against common benchmarks. How we calculate these scores

Profitability
13

Iac Interactivecorp has an operating margin of -4.1%, meaning the company retains $-4 of operating profit per $100 of revenue. This below-average margin results in a low score of 13/100, suggesting thin profitability after operating expenses. This is down from -1.1% the prior year.

Growth
19

Iac Interactivecorp's revenue declined 8.7% year-over-year, from $2.6B to $2.4B. This contraction results in a growth score of 19/100.

Leverage
96

Iac Interactivecorp carries a low D/E ratio of 0.30, meaning only $0.30 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 96/100, indicating a strong balance sheet with room for future borrowing.

Liquidity
52

Iac Interactivecorp's current ratio of 2.75 indicates adequate short-term liquidity, earning a score of 52/100. The company can meet its near-term obligations, though with limited headroom.

Cash Flow
30

Iac Interactivecorp has a free cash flow margin of 1.9%, earning a moderate score of 30/100. The company generates positive cash flow after capital investments, but with room for improvement.

Returns
6

Iac Interactivecorp generates a -2.2% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 6/100. This is up from -9.7% the prior year.

Piotroski F-Score Neutral
5/9

Iac Interactivecorp passes 5 of 9 financial strength tests. 3 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), both operating efficiency signals pass.

Earnings Quality Mixed
-0.62x

For every $1 of reported earnings, Iac Interactivecorp generates $-0.62 in operating cash flow ($64.0M OCF vs -$104.0M net income). This mixed ratio suggests some earnings may rely on non-cash accounting items.

Interest Coverage At Risk
-0.8x

Iac Interactivecorp earns $-0.8 in operating income for every $1 of interest expense (-$97.4M vs $120.0M). This narrow margin raises concern about the company's ability to service its debt if operating income declines.

Key Financial Metrics

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Earnings & Revenue

Revenue
$2.4B
YoY-8.7%
5Y CAGR-2.8%

Iac Interactivecorp generated $2.4B in revenue in fiscal year 2025. This represents a decrease of 8.7% from the prior year.

EBITDA
$33.2M
YoY-78.4%

Iac Interactivecorp's EBITDA was $33.2M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 78.4% from the prior year.

Net Income
-$104.0M
YoY+80.7%

Iac Interactivecorp reported -$104.0M in net income in fiscal year 2025. This represents an increase of 80.7% from the prior year.

EPS (Diluted)
$-1.30
YoY+80.0%

Iac Interactivecorp earned $-1.30 per diluted share (EPS) in fiscal year 2025. This represents an increase of 80.0% from the prior year.

Cash & Balance Sheet

Free Cash Flow
$44.8M
YoY-86.8%
5Y CAGR-13.7%

Iac Interactivecorp generated $44.8M in free cash flow in fiscal year 2025, representing cash available after capex. This represents a decrease of 86.8% from the prior year.

Cash & Debt
$960.2M
YoY-30.5%
5Y CAGR-22.2%

Iac Interactivecorp held $960.2M in cash against $1.4B in long-term debt as of fiscal year 2025.

Dividends Per Share
N/A
Shares Outstanding
N/A

Margins & Returns

Gross Margin
66.2%
YoY+4.4pp
5Y CAGR-6.9pp

Iac Interactivecorp's gross margin was 66.2% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is up 4.4 percentage points from the prior year.

Operating Margin
-4.1%
YoY-3.0pp
5Y CAGR+15.4pp

Iac Interactivecorp's operating margin was -4.1% in fiscal year 2025, reflecting core business profitability. This is down 3.0 percentage points from the prior year.

Net Margin
-4.3%
YoY+16.2pp
5Y CAGR-14.1pp

Iac Interactivecorp's net profit margin was -4.3% in fiscal year 2025, showing the share of revenue converted to profit. This is up 16.2 percentage points from the prior year.

Return on Equity
-2.2%
YoY+7.5pp
5Y CAGR-6.3pp

Iac Interactivecorp's ROE was -2.2% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 7.5 percentage points from the prior year.

Capital Allocation

R&D Spending
$196.0M
YoY-14.1%
5Y CAGR+1.1%

Iac Interactivecorp invested $196.0M in research and development in fiscal year 2025. This represents a decrease of 14.1% from the prior year.

Share Buybacks
$315.0M
5Y CAGR+37.7%

Iac Interactivecorp spent $315.0M on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

Capital Expenditures
$19.2M
YoY+27.9%
5Y CAGR-20.6%

Iac Interactivecorp invested $19.2M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents an increase of 27.9% from the prior year.

IAC Income Statement

Metric Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24 Q2'24 Q1'24
Revenue $646.0M+9.5% $589.8M+0.5% $586.9M+2.9% $570.5M+37.1% $416.0M-35.2% $642.0M+1.2% $634.4M-31.8% $929.7M
Cost of Revenue $195.1M-6.0% $207.5M+2.7% $202.0M-1.6% $205.3M-16.7% $246.5M+1.4% $243.1M-4.1% $253.4M-2.4% $259.5M
Gross Profit $450.9M+17.9% $382.3M-0.7% $385.0M+5.4% $365.2M+115.4% $169.5M-57.5% $398.9M+4.7% $381.0M-43.1% $670.2M
R&D Expenses $46.5M-6.0% $49.5M-0.7% $49.8M-0.8% $50.2M-13.1% $57.8M+7.1% $53.9M+1.1% $53.4M-15.6% $63.2M
SG&A Expenses $106.0M-19.9% $132.4M+12.8% $117.3M+86.8% $62.8M-54.1% $136.8M+25.8% $108.8M-13.7% $126.0M-1.2% $127.5M
Operating Income -$113.4M-455.8% -$20.4M-3647.5% $575K-98.4% $35.8M-25.6% $48.1M+490.3% $8.1M+137.9% -$21.5M+66.1% -$63.4M
Interest Expense $26.9M-2.6% $27.6M-25.6% $37.2M+31.3% $28.3M+5.4% $26.9M-22.5% $34.7M+0.5% $34.5M-13.2% $39.7M
Income Tax $78.3M+387.2% -$27.3M-143.2% $63.0M+179.6% -$79.2M-28.2% -$61.8M+28.3% -$86.2M-113.1% -$40.4M-186.9% $46.5M
Net Income -$76.8M-251.0% -$21.9M-110.3% $211.5M+197.5% -$216.8M-9.0% -$199.0M+18.4% -$243.7M-71.4% -$142.2M-415.9% $45.0M
EPS (Diluted) N/A $-0.27-110.5% $2.57+197.3% $-2.64 N/A $-2.93-71.3% $-1.71-435.3% $0.51

IAC Balance Sheet

Metric Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24 Q2'24 Q1'24
Total Assets $7.1B-0.8% $7.2B-2.3% $7.4B+2.4% $7.2B-25.8% $9.7B-1.5% $9.8B-3.6% $10.2B-1.5% $10.4B
Current Assets $1.5B+1.9% $1.5B-5.4% $1.6B-5.4% $1.7B-31.8% $2.5B+3.5% $2.4B+1.4% $2.4B+2.5% $2.3B
Cash & Equivalents $960.2M-4.5% $1.0B-8.1% $1.1B-5.6% $1.2B-16.1% $1.4B+4.3% $1.3B+8.8% $1.2B+6.4% $1.1B
Inventory N/A N/A N/A N/A N/A N/A N/A N/A
Accounts Receivable $448.8M+12.9% $397.4M+5.6% $376.2M-4.0% $391.8M-18.9% $483.0M+1.1% $477.8M-2.5% $489.9M+5.6% $463.8M
Goodwill $1.8B-10.1% $2.0B0.0% $2.0B0.0% $2.0B0.0% $2.0B-30.8% $2.9B+0.1% $2.9B0.0% $2.9B
Total Liabilities $2.4B0.0% $2.4B-2.1% $2.4B-1.0% $2.5B-39.8% $4.1B+0.8% $4.1B-2.8% $4.2B-0.7% $4.2B
Current Liabilities $560.9M-5.2% $591.7M+5.9% $558.6M-11.0% $627.4M-29.2% $886.2M+1.3% $874.5M-1.2% $885.0M+3.5% $855.5M
Long-Term Debt $1.4B-0.4% $1.4B-0.4% $1.4B-0.5% $1.4B-1.1% $1.4B-26.8% $2.0B-0.6% $2.0B-0.6% $2.0B
Total Equity $4.7B-1.2% $4.8B-2.5% $4.9B+4.2% $4.7B-15.5% $5.6B-3.2% $5.8B-4.1% $6.0B-2.0% $6.1B
Retained Earnings -$643.0M-13.6% -$566.2M-4.0% -$544.3M+28.0% -$755.8M-40.2% -$539.0M-58.5% -$340.0M-253.1% -$96.3M-309.5% $46.0M

IAC Cash Flow Statement

Metric Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24 Q2'24 Q1'24
Operating Cash Flow $36.6M+21.3% $30.1M+1194.7% -$2.8M-4471.4% $63K-100.0% $230.3M+259.4% $64.1M+1743.2% -$3.9M-106.1% $64.1M
Capital Expenditures $5.2M+6.9% $4.9M+9.5% $4.5M-4.3% $4.7M-11.4% $5.3M+54.8% $3.4M-1.4% $3.4M+18.3% $2.9M
Free Cash Flow $31.4M+24.1% $25.3M+450.5% -$7.2M-57.0% -$4.6M-102.0% $225.0M+270.9% $60.7M+926.0% -$7.3M-112.0% $61.1M
Investing Cash Flow N/A N/A N/A N/A $12.2M-73.4% $46.0M-0.8% $46.4M-73.1% $172.2M
Financing Cash Flow N/A N/A N/A N/A -$44.4M-17.9% -$37.6M-78.7% -$21.1M+18.9% -$26.0M
Dividends Paid N/A N/A N/A N/A N/A N/A N/A N/A
Share Buybacks $15.0M-85.0% $100.0M+385.3% $20.6M-88.5% $179.4M $0 $0 $0 $0

IAC Financial Ratios

Metric Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24 Q2'24 Q1'24
Gross Margin 69.8%+5.0pp 64.8%-0.8pp 65.6%+1.6pp 64.0%+23.3pp 40.7%-21.4pp 62.1%+2.1pp 60.1%-12.0pp 72.1%
Operating Margin -17.5%-14.1pp -3.5%-3.6pp 0.1%-6.2pp 6.3%-5.3pp 11.6%+10.3pp 1.3%+4.7pp -3.4%+3.4pp -6.8%
Net Margin -11.9%-8.2pp -3.7%-39.7pp 36.0%+74.0pp -38.0%+9.8pp -47.8%-9.9pp -38.0%-15.5pp -22.4%-27.3pp 4.8%
Return on Equity -1.6%-1.2pp -0.5%-4.8pp 4.3%+8.9pp -4.6%-1.0pp -3.6%+0.7pp -4.2%-1.9pp -2.4%-3.1pp 0.7%
Return on Assets -1.1%-0.8pp -0.3%-3.2pp 2.9%+5.9pp -3.0%-1.0pp -2.1%+0.4pp -2.5%-1.1pp -1.4%-1.8pp 0.4%
Current Ratio 2.75+0.2 2.56-0.3 2.87+0.2 2.70-0.1 2.80+0.1 2.75+0.1 2.68-0.0 2.70
Debt-to-Equity 0.300.0 0.290.0 0.29-0.0 0.30+0.0 0.26-0.1 0.34+0.0 0.330.0 0.32
FCF Margin 4.9%+0.6pp 4.3%+5.5pp -1.2%-0.4pp -0.8%-54.9pp 54.1%+44.6pp 9.4%+10.6pp -1.2%-7.7pp 6.6%

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Frequently Asked Questions

Iac Interactivecorp (IAC) reported $2.4B in total revenue for fiscal year 2025. This represents a -8.7% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

Iac Interactivecorp (IAC) revenue declined by 8.7% year-over-year, from $2.6B to $2.4B in fiscal year 2025.

No, Iac Interactivecorp (IAC) reported a net income of -$104.0M in fiscal year 2025, with a net profit margin of -4.3%.

Iac Interactivecorp (IAC) reported diluted earnings per share of $-1.30 for fiscal year 2025. This represents a 80.0% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Iac Interactivecorp (IAC) had EBITDA of $33.2M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

As of fiscal year 2025, Iac Interactivecorp (IAC) had $960.2M in cash and equivalents against $1.4B in long-term debt.

Iac Interactivecorp (IAC) had a gross margin of 66.2% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

Iac Interactivecorp (IAC) had an operating margin of -4.1% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

Iac Interactivecorp (IAC) had a net profit margin of -4.3% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

Iac Interactivecorp (IAC) has a return on equity of -2.2% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

Iac Interactivecorp (IAC) generated $44.8M in free cash flow during fiscal year 2025. This represents a -86.8% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

Iac Interactivecorp (IAC) generated $64.0M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

Iac Interactivecorp (IAC) had $7.1B in total assets as of fiscal year 2025, including both current and long-term assets.

Iac Interactivecorp (IAC) invested $19.2M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

Iac Interactivecorp (IAC) invested $196.0M in research and development during fiscal year 2025.

Yes, Iac Interactivecorp (IAC) spent $315.0M on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

Iac Interactivecorp (IAC) had a current ratio of 2.75 as of fiscal year 2025, which is generally considered healthy.

Iac Interactivecorp (IAC) had a debt-to-equity ratio of 0.30 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

Iac Interactivecorp (IAC) had a return on assets of -1.5% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

Iac Interactivecorp (IAC) has a Piotroski F-Score of 5 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Iac Interactivecorp (IAC) has an earnings quality ratio of -0.62x, considered mixed quality. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Iac Interactivecorp (IAC) has an interest coverage ratio of -0.8x, meaning it can struggle to cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.

Iac Interactivecorp (IAC) scores 36 out of 100 on our Financial Profile, indicating weak overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.

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