For the year ending 2025-12-31, IAC made $2,393,189K in revenue. -$104,026K in net income. Net profit margin of -4.35%.
| Income Statement | 2025-12-31 | 2024-12-31 | ||
|---|---|---|---|---|
| Revenue | 2,393,189 | 3,807,233 | ||
| Cost of revenue (exclusive of depreciation shown separately below) | 809,765 | 1,059,990 | ||
| Selling and marketing expense | 728,220 | 1,338,732 | ||
| General and administrative expense | 418,523 | 817,658 | ||
| Product development expense | 196,021 | 323,687 | ||
| Depreciation | 37,510 | 126,890 | ||
| Amortization of intangibles | 93,115 | 144,506 | ||
| Goodwill impairment | 207,451 | - | ||
| Total operating costs and expenses | 2,490,605 | 3,811,463 | ||
| Operating loss | -97,416 | -4,230 | ||
| Interest expense | 120,027 | 155,888 | ||
| Unrealized gain (loss) on investment in mgm resorts international | 119,175 | -649,178 | ||
| Other income, net | 16,359 | 116,897 | ||
| (loss) earnings from continuing operations before income taxes | -81,909 | -692,399 | ||
| Income tax (provision) benefit | 34,848 | -159,069 | ||
| Net (loss) earnings from continuing operations | -116,757 | -533,330 | ||
| Earnings (loss) from discontinued operations, net of tax | 15,287 | - | ||
| Net (loss) earnings | -101,470 | -533,330 | ||
| Net (earnings) loss attributable to noncontrolling interests | 2,556 | 6,567 | ||
| Net (loss) earnings attributable to iac shareholders | -104,026 | -539,897 | ||
| Basic EPS | -1.3 | -6.49 | ||
| Diluted EPS | -1.3 | -6.49 | ||
| Basic Average Shares | 80,077,000 | 83,130,000 | ||
| Diluted Average Shares | 80,077,000 | 83,130,000 | ||
IAC Inc. (IAC)
IAC Inc. (IAC)