IAC Inc. (IAC) Financials
Newest figures come from the 10-Q for Q1 FY2026, filed May 4, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the IAC SEC filings page.
IAC Inc. (IAC) reported $2.3B in revenue over the twelve months to Mar 31, 2026, up 7.4% from the prior twelve months. This page shows its 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).
People Inc. now operates on a smaller revenue base, with recovering gross margins but persistent operating losses and uneven cash conversion.
The FY2025 net loss narrowed to$104M from$540M in FY2024, yet operating cash flow fell to$64M from$355M . That divergence shows the reported earnings improvement did not translate into stronger cash generation, weakening earnings quality.
Revenue fell to
Total assets contracted to
Financial Health Signals
Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of IAC Inc.'s business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
IAC Inc. has an operating margin of -4.1%, meaning the company loses $4 on every $100 of revenue. This results in a profitability score of 37/100. This is down from -1.1% the prior year.
IAC Inc.'s revenue declined 8.7% year-over-year, from $2.6B to $2.4B. This contraction results in a growth score of 3/100.
IAC Inc. has elevated debt relative to equity (D/E of 0.30), meaning the company relies heavily on borrowed funds. This high leverage results in a low score of 3/100, reflecting increased financial risk.
With a current ratio of 2.75, IAC Inc. holds $2.75 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 75/100.
IAC Inc. has a free cash flow margin of 1.9%, earning a moderate score of 46/100. The company generates positive cash flow after capital investments, but with room for improvement.
IAC Inc. posts a -2.2% return on equity (ROE), meaning it loses $2 for every $100 of shareholders' equity. This results in a returns score of 35/100. This is up from -9.7% the prior year.
IAC Inc. scores 1.09, below the 1.81 distress threshold. The score is driven primarily by a large market capitalization ($3.1B) relative to total liabilities ($2.5B). This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
IAC Inc. passes 5 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 3 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), both operating efficiency signals pass.
IAC Inc. reported a net loss of $104.0M while generating $64.0M in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal.
IAC Inc. reported an operating loss of $97.4M against $120.0M in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations.
Key Financial Metrics
Earnings & Revenue
IAC Inc. generated $422.9M in revenue in Q1 2026. This represents a decrease of 12.2% from the same quarter a year earlier. Against the prior quarter it is down 42.4%.
IAC Inc.'s EBITDA was -$13.7M in Q1 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 123.7% from the same quarter a year earlier.
IAC Inc. reported -$71.9M in net income in Q1 2026. This represents an increase of 66.8% from the same quarter a year earlier. Against the prior quarter it is up 6.4%.
IAC Inc. earned -$0.94 per diluted share (EPS) in Q1 2026. This represents an increase of 64.4% from the same quarter a year earlier.
Cash & Balance Sheet
IAC Inc. generated $2.0M in free cash flow in Q1 2026, representing cash available after capex. This represents an increase of 106.4% from the same quarter a year earlier. Against the prior quarter it is down 93.6%.
IAC Inc. held $1.1B in cash against $1.4B in long-term debt as of Q1 2026.
Not reported for Q1 2026.
Margins & Returns
IAC Inc.'s gross margin was 62.2% in Q1 2026, indicating the percentage of revenue retained after direct costs. This is up 1.1 percentage points from the same quarter a year earlier. Against the prior quarter it is down 8.8 percentage points.
IAC Inc.'s operating margin was -9.5% in Q1 2026, reflecting core business profitability. This is down 14.5 percentage points from the same quarter a year earlier. Against the prior quarter it is up 4.4 percentage points.
IAC Inc.'s net profit margin was -17.0% in Q1 2026, showing the share of revenue converted to profit. This is up 28.0 percentage points from the same quarter a year earlier. Against the prior quarter it is down 6.6 percentage points.
IAC Inc.'s ROE was -1.6% in Q1 2026, measuring profit generated per dollar of shareholder equity. This is up 3.0 percentage points from the same quarter a year earlier. It is unchanged from the prior quarter.
Capital Allocation
IAC Inc. invested $39.7M in research and development in Q1 2026. This represents an increase of 11.1% from the same quarter a year earlier. Against the prior quarter it is down 34.9%.
IAC Inc. spent $123.6M on share buybacks in Q1 2026, returning capital to shareholders by reducing shares outstanding. This represents a decrease of 31.1% from the same quarter a year earlier. Against the prior quarter it is up 721.6%.
IAC Inc. invested $8.0M in capex in Q1 2026, funding long-term assets and infrastructure. This represents an increase of 92.5% from the same quarter a year earlier. Against the prior quarter it is up 52.7%.
IAC Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q | Q2'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Revenue | $422.9M-12.2% | $734.8M+76.6% | $589.8M-8.1% | $586.9M-7.5% | $481.7M-48.2% | $416.0M-60.7% | $642.0M-42.2% | $634.4M-42.9% |
| Cost of Revenue | $159.8M-14.7% | $213.0M-13.6% | $207.5M-14.6% | $202.0M-20.3% | $187.3M-27.8% | $246.5M+36.3% | $243.1M-29.0% | $253.4M-28.2% |
| Gross Profit | $263.1M-10.6% | $521.8M+207.8% | $382.3M-4.2% | $385.0M+1.0% | $294.4M-56.1% | $169.5M-80.7% | $398.9M-48.1% | $381.0M-49.8% |
| R&D Expenses | $39.7M+11.1% | $61.0M+5.6% | $49.5M-8.3% | $49.8M-6.7% | $35.7M-43.5% | $57.8M+346.0% | $53.9M-32.3% | $53.4M-38.2% |
| SG&A Expenses | $104.1M+139.5% | $125.3M-8.4% | $132.4M+21.7% | $117.3M-6.9% | $43.5M-65.9% | $136.8M+174.8% | $108.8M-48.3% | $126.0M-42.2% |
| Operating Income | -$40.1M-266.1% | -$101.7M-311.5% | -$20.4M-350.4% | $575K+102.7% | $24.1M+138.0% | $48.1M+444.0% | $8.1M+124.9% | -$21.5M+61.3% |
| EBITDA | -$13.7M-123.7% | N/A | N/A | N/A | $57.8M+513.7% | $48.4M-0.3% | $70.9M+13.7% | $48.7M+21.7% |
| Interest Expense | $25.9M-8.7% | $26.9M+0.1% | $27.6M-20.3% | $37.2M+7.8% | $28.3M-28.7% | $26.9M-33.2% | $34.7M-13.7% | $34.5M-11.8% |
| Income Tax | -$15.6M+75.1% | $61.5M+199.6% | -$27.3M+68.4% | $63.0M+255.9% | -$62.5M-234.3% | -$61.8M-160.7% | -$86.2M+27.5% | -$40.4M-66.4% |
| Net Income | -$71.9M+66.8% | -$76.8M+61.4% | -$21.9M+91.0% | $211.5M+248.7% | -$216.8M-581.5% | -$199.0M-160.7% | -$243.7M+37.6% | -$142.2M-59.7% |
| EPS (Basic) | -$0.94+64.4% | N/A | -$0.27+90.8% | $2.64+254.4% | -$2.64-607.7% | N/A | -$2.93+37.9% | -$1.71-59.8% |
| EPS (Diluted) | -$0.94+64.4% | N/A | -$0.27+90.8% | $2.57+250.3% | -$2.64-617.6% | N/A | -$2.93+37.9% | -$1.71-59.8% |
| Diluted Shares (Avg) | 77M-6.7% | N/A | 80M-4.3% | 82M-1.1% | 82M-4.2% | N/A | 83M+0.4% | 83M0.0% |
IAC Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q | Q2'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $6.8B-5.1% | $7.2B-25.7% | $7.2B-26.9% | $7.4B-27.9% | $7.2B-30.6% | $9.7B-7.7% | $9.8B-1.8% | $10.2B-3.3% |
| Current Assets | $1.6B-8.5% | $1.5B-37.8% | $1.5B-36.9% | $1.6B-32.4% | $1.7B-26.7% | $2.5B+10.9% | $2.4B+8.5% | $2.4B+7.7% |
| Cash & Equivalents | $1.1B-2.7% | $941.3M-31.0% | $1.0B-24.1% | $1.1B-10.1% | $1.1B0.0% | $1.4B+46.1% | $1.3B+5.8% | $1.2B-8.3% |
| Accounts Receivable | $328.8M-16.1% | $416.6M-13.7% | $397.4M-16.8% | $376.2M-23.2% | $391.8M-15.5% | $483.0M-0.5% | $477.8M-8.0% | $489.9M-6.1% |
| Goodwill | $1.5B-24.4% | $1.5B-24.3% | $2.0B-30.8% | $2.0B-30.8% | $2.0B-30.8% | $2.0B-6.8% | $2.9B-4.6% | $2.9B-5.1% |
| Total Liabilities | $2.3B-8.2% | $2.5B-40.1% | $2.4B-41.2% | $2.4B-41.6% | $2.5B-41.5% | $4.1B-7.1% | $4.1B-4.7% | $4.2B-5.3% |
| Current Liabilities | $419.8M-33.1% | $560.9M-36.7% | $591.7M-32.3% | $558.6M-36.9% | $627.4M-26.7% | $886.2M-6.8% | $874.5M-14.5% | $885.0M-14.4% |
| Non-Current Liabilities | $1.9B+0.3% | $1.9B-41.1% | $1.8B-43.6% | $1.9B-42.9% | $1.8B-45.2% | $3.2B-7.2% | $3.2B-1.6% | $3.3B-2.6% |
| Long-Term Debt | $1.4B-1.7% | $1.4B-2.3% | $1.4B-28.2% | $1.4B-28.3% | $1.4B-28.4% | $1.4B-4.1% | $2.0B-2.0% | $2.0B-1.8% |
| Total Equity | $4.5B-3.5% | $4.7B-15.1% | $4.8B-16.8% | $4.9B-18.3% | $4.7B-23.1% | $5.6B-8.2% | $5.8B+0.3% | $6.0B-1.8% |
| Retained Earnings | -$714.9M+5.4% | -$643.0M-19.3% | -$566.2M-66.5% | -$544.3M-465.4% | -$755.8M-1744.6% | -$539.0M-58493.7% | -$340.0M-4.0% | -$96.3M-251.1% |
Not reported in any period shown, so not listed: Short-Term Investments, Inventory, Long-Term Investments.
IAC Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q | Q2'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $10.0M+136.5% | $36.6M-84.1% | $30.1M-52.9% | $24.6M+731.4% | -$27.3M-142.6% | $230.3M+391.2% | $64.1M+345.2% | -$3.9M-103.8% |
| Depreciation & Amortization | $26.4M-21.7% | N/A | N/A | N/A | $33.7M-31.9% | $334K-99.5% | $62.8M-34.0% | $70.2M-26.5% |
| Stock-Based Compensation | $16.4M+176.7% | N/A | $17.0M-6.7% | $19.5M-4.7% | -$21.4M-209.6% | N/A | $18.2M-37.1% | $20.4M-32.3% |
| Capital Expenditures | $8.0M+92.5% | $5.2M-0.8% | $4.9M+43.6% | $5.0M+44.4% | $4.1M+41.9% | $5.3M-84.1% | $3.4M-81.6% | $3.4M-96.0% |
| Free Cash Flow | $2.0M+106.4% | $31.4M-86.1% | $25.3M-58.3% | $19.6M+367.5% | -$31.4M-151.4% | $225.0M+1517.8% | $60.7M+1594.0% | -$7.3M-143.6% |
| Investing Cash Flow | N/A | N/A | N/A | N/A | N/A | $12.2M-23.0% | $46.0M+160.4% | $46.4M+158.6% |
| Financing Cash Flow | N/A | N/A | N/A | N/A | N/A | -$44.4M-141.1% | -$37.6M-234.8% | -$21.1M+78.4% |
| Share Buybacks | $123.6M-31.1% | $15.0M | $100.0M | $20.6M | $179.4M | $0 | $0 | $0 |
Not reported in any period shown, so not listed: Dividends Paid.
IAC Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q | Q2'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 62.2%+1.1pp | 71.0%+30.3pp | 64.8%+2.7pp | 65.6%+5.5pp | 61.1%-11.0pp | 40.7%-42.2pp | 62.1%-7.1pp | 60.1%-8.2pp |
| Operating Margin | -9.5%-14.5pp | -13.8%-25.4pp | -3.5%-4.7pp | 0.1%+3.5pp | 5.0%+11.8pp | 11.6%+12.9pp | 1.3%+4.2pp | -3.4%+1.6pp |
| Net Margin | -17.0%+28.0pp | -10.4%+37.4pp | -3.7%+34.3pp | 36.0%+58.5pp | -45.0%-49.9pp | -47.8%-78.8pp | -38.0%-2.8pp | -22.4%-14.4pp |
| Return on Equity | -1.6%+3.0pp | -1.6%+1.9pp | -0.5%+3.8pp | 4.3%+6.7pp | -4.6%-5.3pp | -3.6%-9.0pp | -4.2%+2.6pp | -2.4%-0.9pp |
| Return on Assets | -1.1%+2.0pp | -1.1%+1.0pp | -0.3%+2.2pp | 2.9%+4.3pp | -3.0%-3.5pp | -2.1%-5.2pp | -2.5%+1.4pp | -1.4%-0.5pp |
| Current Ratio | 3.69+1.0x | 2.750.0x | 2.56-0.2x | 2.87+0.2x | 2.700.0x | 2.80+0.4x | 2.75+0.6x | 2.68+0.6x |
| Debt-to-Equity | 0.310.0x | 0.300.0x | 0.290.0x | 0.290.0x | 0.300.0x | 0.260.0x | 0.340.0x | 0.330.0x |
| Asset Turnover | 0.060.0x | 0.10+0.1x | 0.080.0x | 0.080.0x | 0.070.0x | 0.04-0.1x | 0.070.0x | 0.060.0x |
| FCF Margin | 0.5%+7.0pp | 4.3%-49.8pp | 4.3%-5.2pp | 3.4%+4.5pp | -6.5%-13.1pp | 54.1%+52.8pp | 9.4%+9.8pp | -1.2%-2.7pp |
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| IAC Inc. IAC | FY2025 | $2.4B | -$104.0M | -4.3% | $3.1B | 33/100 |
| Genius Sports Limited GENI | FY2025 | $669.5M | -$111.6M | -16.7% | $1.8B | 49/100 |
| Weibo Corporation WB | FY2025 | $1.8B | $449.0M | 25.6% | $1.6B | 77/100 |
| Autohome Inc. ATHM | FY2025 | $922.6M | $206.3M | 22.4% | $2.4B | 66/100 |
| RUM Group Inc. RUM | FY2025 | $100.6M | -$81.8M | -81.3% | $3.5B | 50/100 |
| Upwork Inc. UPWK | FY2025 | $787.8M | $115.4M | 14.6% | $1.1B | 64/100 |
Where IAC Inc. Ranks
Frequently Asked Questions
What is IAC Inc.'s annual revenue?
IAC Inc. (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.
How fast is IAC Inc.'s revenue growing?
IAC Inc. (IAC) revenue declined by 8.7% year-over-year, from $2.6B to $2.4B in fiscal year 2025.
Is IAC Inc. profitable?
No, IAC Inc. (IAC) reported a net income of -$104.0M in fiscal year 2025, with a net profit margin of -4.3%.
What is IAC Inc.'s EBITDA?
IAC Inc. (IAC) had EBITDA of $33.2M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does IAC Inc. have?
As of fiscal year 2025, IAC Inc. (IAC) had $941.3M in cash and equivalents against $1.4B in long-term debt.
What is IAC Inc.'s gross margin?
IAC Inc. (IAC) had a gross margin of 66.2% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is IAC Inc.'s operating margin?
IAC Inc. (IAC) had an operating margin of -4.1% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is IAC Inc.'s net profit margin?
IAC Inc. (IAC) had a net profit margin of -4.3% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is IAC Inc.'s return on equity (ROE)?
IAC Inc. (IAC) has a return on equity of -2.2% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is IAC Inc.'s free cash flow?
IAC Inc. (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.
What is IAC Inc.'s operating cash flow?
IAC Inc. (IAC) generated $64.0M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are IAC Inc.'s total assets?
IAC Inc. (IAC) had $7.2B in total assets as of fiscal year 2025, including both current and long-term assets.
What are IAC Inc.'s capital expenditures?
IAC Inc. (IAC) invested $19.2M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
How much does IAC Inc. spend on research and development?
IAC Inc. (IAC) invested $196.0M in research and development during fiscal year 2025.
What is IAC Inc.'s current ratio?
IAC Inc. (IAC) had a current ratio of 2.75 as of fiscal year 2025, which is generally considered healthy.
What is IAC Inc.'s debt-to-equity ratio?
IAC Inc. (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.
What is IAC Inc.'s return on assets (ROA)?
IAC Inc. (IAC) had a return on assets of -1.5% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is IAC Inc.'s Altman Z-Score?
IAC Inc. (IAC) has an Altman Z-Score of 1.09, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is IAC Inc.'s Piotroski F-Score?
IAC Inc. (IAC) has a Piotroski F-Score of 5 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. 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 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are IAC Inc.'s earnings high quality?
IAC Inc. (IAC) reported a net loss of $104.0M while generating $64.0M in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal. 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.
Can IAC Inc. cover its interest payments?
IAC Inc. (IAC) reported an operating loss of $97.4M against $120.0M in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations. 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.
How financially healthy is IAC Inc.?
IAC Inc. (IAC) scores 33 out of 100 on our Financial Health Score, indicating weak standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.