For the year ending 2025-12-31, IAC had -$820,424K decrease in cash & cash equivalents over the period.
| Cash Flow | 2025-12-31 |
|---|---|
| Net (loss) earnings from continuing operations | -116,757 |
| Goodwill impairment | 207,451 |
| Amortization of intangibles | 93,115 |
| Depreciation | 37,510 |
| Non-cash lease expense (including right-of-use asset impairments) | 36,683 |
| Stock-based compensation expense | 32,313 |
| Deferred income taxes | 27,596 |
| Loss related to the allocation of a disputed gain on a real estate transaction | 19,189 |
| Net losses (gains) on sales of investments and businesses (including unrealized losses on investments) | -17,675 |
| Unrealized (gain) loss on investment in mgm resorts international | 119,175 |
| Net (gains) losses on amendments and early terminations of lease agreements | 42,193 |
| Increase in the estimated fair value of a warrant | 0 |
| Other adjustments, net | -11,689 |
| Accounts receivable | -14,166 |
| Other assets | -1,372 |
| Operating lease liabilities | -88,662 |
| Accounts payable and other liabilities | -58,594 |
| Income taxes payable and receivable | -2,259 |
| Deferred revenue | -7,084 |
| Net cash provided by operating activities attributable to continuing operations | 64,035 |
| Capital expenditures | 19,201 |
| Allocation of angi inc. cash in the distribution | 386,563 |
| Purchase of mgm resorts international common shares | 40,011 |
| Net proceeds from the sales of investments and businesses | 11,359 |
| Purchases of investments | 0 |
| Proceeds from the sale of a portion of the retirement investment fund | 13,934 |
| Purchase of retirement investment fund | 0 |
| Net proceeds from sales of fixed assets | 17,458 |
| Proceeds from maturities of marketable debt securities | 0 |
| Purchases of marketable debt securities | 0 |
| Net collections of notes receivable | 0 |
| Other, net | 1,591 |
| Net cash (used in) provided by investing activities attributable to continuing operations | -404,615 |
| Principal payments on term loans | 1,434,523 |
| Net proceeds from term loans refinancing | 991,451 |
| Proceeds from the issuance of the 2032 notes | 400,000 |
| Debt issuance and deferred financing costs | 12,937 |
| Purchases of treasury stock | 315,041 |
| Withholding taxes paid on behalf of employees on net settled stock-based awards | 79,996 |
| Other, net | 43 |
| Net cash used in financing activities attributable to continuing operations | -451,003 |
| Total cash (used in) provided by continuing operations | -791,583 |
| Net cash (used in) provided by operating activities attributable to discontinued operations | -2,758 |
| Net cash used in investing activities attributable to discontinued operations | -12,499 |
| Net cash used in financing activities attributable to discontinued operations | -14,343 |
| Total cash (used in) provided by discontinued operations | -29,600 |
| Effect of exchange rate changes on cash and cash equivalents and restricted cash | 759 |
| Net (decrease) increase in cash and cash equivalents and restricted cash | -820,424 |
| Cash and cash equivalents and restricted cash at beginning of period | 1,807,255 |
| Cash and cash equivalents and restricted cash at end of period | 986,831 |
IAC Inc. (IAC)
IAC Inc. (IAC)