IAC Inc. (IAC) Financial Statements
Industry: Computer Programming, Data Processing, Etc. (Services)
In fiscal 2025, IAC reported revenue of $2.39B, down 37.1% from $3.81B the year before. Net income was -$104.0M (a -4.3% net margin), or -$1.30 per diluted share. Gross margin was 66.2% and operating margin was -4.1%. Operating activities generated $64.0M of cash, leaving $44.8M of free cash flow. At fiscal year end, IAC held $7.13B in total assets against $2.40B in total liabilities, including $960.2M of cash and equivalents.
Open the full interactive IAC financials → Quarterly statements, key ratios, valuation history and price charts.
IAC Key Stats
| Share Price | $40.84 |
|---|---|
| Market Cap | $3.10B |
| Revenue YoY Growth | -37.1% |
| 52-Week Range | $31.52 – $47.62 |
| Shares Outstanding | 74.8 million (basic, 2026 Q2) |
IAC Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $3.05B | $3.70B | $5.24B | $4.37B | $3.81B | $2.39B |
| Cost of Goods Sold | $3.62B | $1.31B | $1.92B | $1.34B | $1.06B | $809.8M |
| Gross Profit | $2.23B | $2.39B | $3.31B | $3.02B | $2.75B | $1.58B |
| Operating Income | -$572.3M | -$137.1M | -$474.8M | -$260.8M | -$4.2M | -$97.4M |
| Pre-Tax Income | $209.6M | $729.8M | -$1.53B | $367.1M | -$692.4M | -$81.9M |
| Income Tax | -$59.0M | $139.0M | -$331.1M | $108.8M | -$159.1M | $34.8M |
| Net Income | $269.7M | $597.5M | -$1.17B | $265.9M | -$539.9M | -$104.0M |
| Diluted EPS | $2.97 | $6.31 | -$13.55 | $2.97 | -$6.49 | -$1.30 |
IAC Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $589.8M | $646.0M | $422.9M | $436.7M |
| Net Income | -$21.9M | -$76.8M | -$71.9M | $506.9M |
| Diluted EPS | -$0.27 | -$0.96 | -$0.94 | $6.68 |
IAC Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $3.48B | $2.12B | $1.42B | $1.30B | $1.80B | $960.2M |
| Current Assets | $4.12B | $3.07B | $2.56B | $2.24B | $2.49B | $1.54B |
| Total Assets | $9.14B | $12.30B | $10.39B | $10.37B | $9.55B | $7.13B |
| Current Liabilities | $750.8M | $1.38B | $1.08B | $950.5M | $886.2M | $560.9M |
| Total Long-Term Debt | $720.0M | $2.08B | $2.05B | $2.02B | $1.97B | $1.43B |
| Total Liabilities | $2.54B | $5.13B | $4.46B | $4.29B | $3.97B | $2.40B |
| Shareholders' Equity | $6.60B | $7.18B | $5.93B | $6.08B | $5.58B | $4.73B |
IAC Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $154.6M | $118.9M | -$82.8M | $189.5M | $354.5M | $64.0M |
| Cash From Investing | -$1.87B | — | — | — | $276.8M | — |
| Cash From Financing | $4.35B | — | — | — | -$129.1M | — |
| Free Cash Flow | $93.0M | $28.7M | -$222.5M | $48.2M | $289.0M | $44.8M |
Figures from IAC's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full IAC financials page for every line item.
IAC Company Profile
| Ticker | IAC |
|---|---|
| Exchange | Nasdaq |
| Industry | Computer Programming, Data Processing, Etc. (Services) |
| Headquarters | New York, New York |
| Incorporated in | Delaware |
| Fiscal Year End | December 31 |
| SEC Filer Category | Large accelerated filer |
| SEC CIK | 0001800227 |
Frequently Asked Questions
What was IAC's revenue in fiscal 2025?
IAC (IAC) reported revenue of $2.39B for fiscal 2025.
What is IAC's annual revenue history?
IAC's annual revenue by fiscal year: 2020: $3.05B; 2021: $3.70B; 2022: $5.24B; 2023: $4.37B; 2024: $3.81B; 2025: $2.39B.
What was IAC's net income in fiscal 2025?
IAC reported net income of -$104.0M for fiscal 2025.
What was IAC's earnings per share (EPS) in fiscal 2025?
IAC's diluted EPS was -$1.30 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did IAC generate in fiscal 2025?
IAC generated $44.8M of free cash flow in fiscal 2025.
What was IAC's revenue last quarter?
In its most recent reported quarter (2026 Q2), IAC reported revenue of $436.7M.
How much debt does IAC have?
IAC reported $1.43B of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of IAC are outstanding?
IAC reported a weighted average of 74.8 million basic shares outstanding in 2026 Q2.
What is IAC's market cap?
Based on its latest closing price, IAC (IAC) has a market capitalization of about $3.10B.
When does IAC's fiscal year end?
IAC's fiscal year end, as registered with the SEC, is December 31.
Where is IAC headquartered?
IAC lists its business address in New York, New York in its SEC filings.