Iac Interactivecorp SEC Filings

IAC Inc. reported third-quarter 2025 results with revenue of $589.8 million, down from $642.0 million a year ago. The company recorded an operating loss of $20.4 million versus operating income last year, and a net loss attributable to IAC shareholders of $21.9 million, a substantial improvement from a $243.7 million loss in the prior-year quarter. Results included a $17.5 million unrealized gain on the fair-value investment in MGM Resorts International.

Cash and cash equivalents were $1,005.5 million, and long-term debt, net, was $1,406.8 million. During 2025, People Inc. (formerly Dotdash Meredith) refinanced debt, replacing prior tranches with a $350 million Term Loan A‑1 due 2030, a $700 million Term Loan B‑2 due 2032, and issuing $400 million of 7.625% Senior Secured Notes due 2032. Interest rate swaps hedge $350 million of variable-rate exposure through April 1, 2027.

IAC completed the Angi spin-off on March 31, 2025, which is presented as discontinued operations historically. Google concentration remained meaningful: Q3 2025 total revenue from Google was $81.5 million (14%), including $51.4 million from the Services Agreement at Search. The Services Agreement was extended to March 31, 2026 with an automatic one-year renewal absent notice by December 31, 2025.

IAC Inc. furnished a Regulation FD disclosure providing lenders the consolidated financial statements of its subsidiary Dotdash Meredith Inc. (rebranded as People Inc.). Exhibit 99.1 includes the consolidated balance sheet as of September 30, 2025 and December 31, 2024, and consolidated statements of operations, comprehensive operations, shareholders’ equity, and cash flows for the three and nine months ended September 30, 2025 and 2024. The information is being furnished, not filed.

The filing also notes the capital structure context: on June 16, 2025, the successor borrower closed an offering of $400 million aggregate principal amount of 7.625% Senior Secured Notes due 2032 and entered related amendments to its credit and security agreements. The subsidiary will provide these financial statements to the administrative agent and lenders pursuant to the amended credit agreement and indenture.

IAC Inc. furnished an update announcing it released results for the quarter ended September 30, 2025. The company posted a press release and an investor presentation on its Investor Relations site, also furnished as Exhibits 99.1 and 99.2.

The materials were provided under Item 2.02 (Results of Operations and Financial Condition) and Item 7.01 (Regulation FD Disclosure). The information, including Exhibits 99.1 and 99.2, is being furnished and is not deemed filed for purposes of Section 18 of the Exchange Act or incorporated by reference, except as expressly set forth by specific reference.

Maria Seferian, an IAC director, reported acquiring 367 shares of IAC common stock on 09/30/2025 at a price of $34.07 per share. After the purchase she beneficially owns 4,817 shares in total, consisting of 3,785 shares held directly and 1,032 share units accrued under the Non-Employee Director Deferred Compensation Plan. The filing notes the Deferred Shares were adjusted to reflect the Angi spin-off completed on 03/31/2025, when IAC distributed its Angi shares as a special dividend. The report was signed by an attorney-in-fact on behalf of Ms. Seferian on 10/02/2025.

Chelsea Clinton, a director of IAC Inc. (IAC), reported an acquisition of 183 shares of IAC common stock on 09/30/2025 at a price of $34.07 per share. After the transaction she beneficially owned 86,937 shares, consisting of 51,838 shares held directly and 35,099 deferred share units under IACs Non-Employee Director Deferred Compensation Plan.

The filing notes the 35,099 deferred share units were adjusted to reflect the Angi spin completed by IAC on March 31, 2025. The Form 4 was signed on behalf of the reporting person by attorney Kyra Ayo Caros on 10/02/2025.

Michael D. Eisner, a director of IAC Inc. (IAC), reported a purchase of 422 shares of IAC common stock on 09/30/2025 at a price of $34.07 per share. After the reported transaction, the filing shows Eisner beneficially owns 171,778 shares in total, which includes 167,349 shares held directly and 4,429 share units accrued under the Non-Employee Director Deferred Compensation Plan.

The Form 4 notes the 4,429 deferred share units were adjusted to reflect the Angi spin completed on March 31, 2025, when IAC distributed its Class A shares of Angi Inc. as a special dividend. The report was signed by Eisner's attorney-in-fact on 10/02/2025.

Bryan Lourd, a director of IAC Inc. (IAC), reported an acquisition of 477 shares of IAC common stock on 09/30/2025 at a purchase price of $34.07 per share. The filing states these 477 shares represent share units accrued under the company’s Non-Employee Director Deferred Compensation Plan. After the reported transaction, Mr. Lourd beneficially owns 197,128 shares in total, comprised of 46,173 shares held directly and 150,955 deferred share units. The Deferred Shares figure was adjusted to reflect the Angi spin-off completed on 03/31/2025. The Form 4 was signed by an attorney-in-fact on 10/02/2025.

David S. Rosenblatt, a director of IAC Inc. (IAC), filed an amended Form 4 disclosing a disposition of 90,056 shares of IAC common stock reported with a transaction date of 06/23/2025. The filing clarifies that his post-transaction beneficial ownership calculation includes 58,506 shares held directly (personally or through a trust) and 31,550 deferred share units accrued under the Non-Employee Director Deferred Compensation Plan. The amendment notes an adjustment to the Deferred Shares following IAC’s Angi spin-off on 03/31/2025. The Form 4/A is signed by an attorney-in-fact for Mr. Rosenblatt on 10/02/2025.

Alexander von Furstenberg, a director of IAC Inc. (IAC), filed an amended Form 4 reporting a disposition of 106,177 shares of IAC common stock with a transaction date of 06/23/2025. The amendment was filed on 06/25/2025 and the Form 4/A was signed by an attorney-in-fact on 10/02/2025. The filing explains that the reporting person holds 85,034 shares directly (including trust holdings) and 21,143 share units accrued under the Non-Employee Director Deferred Compensation Plan (the "Deferred Shares"). The Deferred Shares figure was adjusted following IAC’s Angi spin-off on 03/31/2025, which distributed Angi Class A shares to IAC shareholders by special dividend.