IAC InterActive Corp.
- Open
- 38.32
- Day high
- 38.95
- Day low
- 38.29
- Prev close
- 38.46
- Volume
- 820K
- Mkt cap
- $3.4B
- P/E (TTM)
- 8.3
- EPS (TTM)
- $4.68
- P/B
- 0.7
- P/S
- 1.6
- Yield
- —
- Per share
- —
IAC InterActive Corp. (IAC) is a Technology company listed on NASDAQ. The stock is up 9% over the past year. Drillr has 1 published research article covering IAC.
IAC InterActive Corp. (IAC) financials & analyst ratings
Fundamentals (TTM)
Source: exchange market data + company filings. Figures are trailing-twelve-month or as most recently reported. For informational purposes only — not investment advice.
IAC earnings date, history & EPS estimates
| Report date | EPS est | EPS actual | Surprise | Revenue | Rev. surprise |
|---|---|---|---|---|---|
| Aug 3, 2026 | $-0.40 | $6.68 | +1773.2% | $437M | +0.7% |
| May 5, 2026 | $-0.34 | $-0.05 | +85.3% | $423M | -18.7% |
| Feb 3, 2026 | $0.67 | $-0.99 | -247.8% | $646M | +24.2% |
| Feb 13, 2024 | $-0.20 | $-0.73 | -265.0% | $1.1B | -0.4% |
| Feb 13, 2023 | $-0.37 | $-0.05 | +86.5% | $1.2B | -0.8% |
| Feb 15, 2022 | $-0.33 | $-0.70 | -112.1% | $1.2B | +25.3% |
| Nov 4, 2021 | $-0.42 | $0.33 | +178.6% | $924M | +9.1% |
| Aug 4, 2021 | $-0.32 | $-0.11 | +65.6% | $830M | -3.1% |
| May 6, 2021 | $-0.62 | $0.40 | +164.5% | $876M | -85.0% |
| Feb 3, 2021 | $-0.52 | $-0.74 | -42.3% | $849M | -89.3% |
| Nov 5, 2020 | $-0.61 | $-0.63 | -3.3% | $788M | -17.5% |
| May 6, 2020 | $0.09 | $0.01 | -88.9% | $684M | +1440.4% |
IAC insider trading activity (SEC Form 4)
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| Jun 1, 2026 | Schwerdtman Michael Hofficer: SVP and CAO | Sell | 6,878 | $40.54 |
| Apr 2, 2026 | Clinton Chelseadirector | Grant | 156 | $40.03 |
| Apr 2, 2026 | EISNER MICHAEL Ddirector | Grant | 359 | $40.03 |
| Apr 2, 2026 | Seferian Mariadirector | Grant | 312 | $40.03 |
| Apr 2, 2026 | Lourd Bryandirector | Grant | 406 | $40.03 |
| Mar 4, 2026 | Schwerdtman Michael Hofficer: SVP and CAO | Option | 11,262 | — |
| Mar 4, 2026 | Schwerdtman Michael Hofficer: SVP and CAO | Tax | 4,384 | $38.32 |
| Feb 11, 2026 | KAUFMAN VICTORdirector, officer: Vice Chairman | Option | 2,445 | — |
| Feb 11, 2026 | KAUFMAN VICTORdirector, officer: Vice Chairman | Grant | 6,845 | — |
| Feb 11, 2026 | KAUFMAN VICTORdirector, officer: Vice Chairman | Tax | 1,007 | $36.47 |
| Feb 10, 2026 | Handler Kendallofficer: EVP & CLO | Tax | 14,584 | $35.65 |
| Feb 10, 2026 | Handler Kendallofficer: EVP & CLO | Tax | 9,898 | $35.65 |
| Feb 10, 2026 | Halpin Christopherofficer: EVP, CFO & COO | Tax | 43,361 | $35.65 |
| Feb 10, 2026 | Handler Kendallofficer: EVP & CLO | Option | 19,388 | — |
| Feb 10, 2026 | Halpin Christopherofficer: EVP, CFO & COO | Option | 40,716 | — |
Source: IAC SEC Form 4 filings, latest Jun 1, 2026. For informational purposes only — not investment advice.
See the full IAC insider & 13F page →IAC InterActive Corp. company profile
Overview
IAC InterActiveCorp (NASDAQ:IAC) is a diversified media and internet conglomerate founded in 1995 and headquartered in New York. The company has evolved from its origins as a television shopping network into a collection of digital brands and online marketplaces. Under the leadership of Chairman Barry Diller and CEO Joey Levin, IAC has pursued a strategy of building, acquiring, and spinning off internet businesses across various sectors including digital publishing, home services, caregiving, and online content. The company is known for its active portfolio management approach, regularly spinning off successful businesses to unlock shareholder value while continuing to invest in emerging digital opportunities.
Business
IAC operates as a holding company with several distinct business segments in the digital economy. The company's primary operations center around Dotdash Meredith, which represents approximately 60-65% of total revenue and serves as IAC's largest digital publishing platform. Dotdash Meredith operates well-known lifestyle and informational websites including People.com, Better Homes & Gardens, Food & Wine, Allrecipes, and Investopedia. These properties publish articles, videos, and interactive content across categories like entertainment, food, home improvement, beauty, travel, health, and personal finance. The platform monetizes through digital advertising, performance marketing (affiliate commissions), and content licensing deals. Angi (formerly Angie's List) operates as a digital marketplace connecting homeowners with service professionals for home improvement, maintenance, and repair projects. The platform offers multiple service tiers including Angi Ads (advertising for professionals), Angi Leads (qualified customer referrals), and Angi Services (fully managed service fulfillment). This segment represents roughly 25-30% of IAC's revenue. Care.com functions as an online marketplace for caregiving services, helping families find childcare providers, senior care, pet care, and housekeeping services. The platform serves both individual consumers and enterprise clients, representing approximately 8-10% of total revenue. Additional smaller segments include Vivian Health (healthcare staffing platform), Bluecrew (flexible staffing for hourly workers), The Daily Beast (news and commentary website), and various search and reference websites. IAC also holds minority stakes in companies like MGM Resorts and Turo (peer-to-peer car sharing).
Revenue model
IAC generates revenue through multiple business models across its portfolio companies. Digital advertising represents the largest revenue stream, primarily through Dotdash Meredith's premium display advertising and programmatic advertising sales. The company sells advertising inventory directly to brands and agencies while also participating in automated ad auctions. Performance marketing generates significant income through affiliate commissions when users purchase products recommended in content, particularly strong in categories like home improvement, beauty, and consumer electronics. Marketplace transaction fees come from Angi's lead generation services where the company charges service professionals for qualified customer referrals, and from Care.com's subscription fees and booking commissions. Subscription revenues are generated through Care.com's premium memberships for families and caregivers, as well as various mobile applications across communication, weather, and lifestyle verticals. The company's margins are influenced by several factors. Positive margin drivers include the scalability of digital content (high fixed costs, low marginal distribution costs), growing programmatic advertising rates, successful content licensing deals with AI companies like OpenAI, and improved operational efficiency from platform consolidation. Negative margin pressures come from dependence on Google search traffic and algorithm changes, competitive digital advertising markets, content creation and talent costs, technology infrastructure investments, and the cyclical nature of advertising spending during economic downturns. Seasonal factors also impact performance, with stronger advertising demand typically in Q4 and weaker performance in Q1.
Competitive moat
IAC's competitive positioning varies significantly across its business segments, creating a mixed moat profile. Dotdash Meredith possesses the strongest defensive characteristics through its collection of trusted, authoritative content brands with decades of consumer recognition. Properties like Better Homes & Gardens and People magazine carry significant brand equity that's difficult to replicate, creating user loyalty and advertiser preference. The company's proprietary D/Cipher advertising technology and first-party data collection provide additional competitive advantages in an increasingly privacy-focused digital advertising landscape. However, IAC faces meaningful competitive threats. The digital publishing business remains heavily dependent on Google search traffic, making it vulnerable to algorithm changes and the rise of AI-powered search experiences. Angi operates in a fragmented home services market with low switching costs and faces competition from both traditional players like HomeAdvisor and newer entrants including Amazon Home Services and TaskRabbit. Care.com competes in local markets against both digital platforms and traditional referral services. The company's broader strategic moat lies in its operational expertise in building and scaling digital marketplaces, strong management team with a track record of value creation, and financial resources to invest in growth and acquisitions. However, this conglomerate structure also creates complexity and may result in a "conglomerate discount" in valuation. Overall, IAC's moat is moderate - strong in certain branded content areas but facing increasing competitive pressure in marketplace businesses and from technological disruption.
Risks & safety
IAC maintains a relatively strong financial position with moderate safety margins, though recent operating losses create some concern. • Liquidity and Solvency: Strong cash position of $1.16 billion with current ratio of 2.7x, providing substantial liquidity cushion. Minimal debt burden with debt-to-equity ratio near zero following recent debt paydowns. • Cash Flow: Positive operating cash flow of $63,000 in Q1 2025 but concerning near-zero level. Free cash flow negative at -$4.6 million, indicating capital expenditure pressures. • Profitability Concerns: Net losses of $214.6 million in Q1 2025 and $533.3 million for full year 2024, though much of this reflects non-cash charges and investments in growth initiatives. • Valuation Metrics: Trading at 0.54x book value suggests potential undervaluation, though negative earnings make P/E ratios less meaningful. EV/EBITDA of 9.8x appears reasonable for a digital media company. • Other Considerations: Recent Angi spin-off removes a cash-burning segment, potentially improving consolidated margins. Strong balance sheet provides flexibility for acquisitions and share repurchases, with management actively pursuing both strategies.
Recent development
Over the past few years, IAC has undergone significant strategic transformation focused on simplifying its portfolio and optimizing individual business performance. The most significant development was the spin-off of Angi in March 2025, with CEO Joey Levin transitioning to serve as Angi's Executive Chairman. This move reflects IAC's broader "de-conglomeration" strategy to unlock value by allowing businesses to operate independently. Dotdash Meredith has been the primary growth engine, with management successfully integrating the acquired Meredith magazine brands onto the Dotdash technology platform. Key initiatives include launching the People mobile app, developing the MyRecipes platform, and expanding the proprietary D/Cipher advertising technology with enhanced AI capabilities through partnerships with OpenAI. The division has focused on reducing dependence on Google search traffic by building direct audience relationships and expanding into events and licensing. AI integration has become a central theme across the portfolio, with IAC exploring applications in content personalization, customer matching, advertising optimization, and creative generation. The company signed content licensing deals with AI companies, generating new revenue streams from its trusted content library. Capital allocation has been active, with IAC repurchasing 4.5 million shares in Q1 2025 and increasing its share repurchase authorization. Management has expressed strong interest in M&A opportunities, particularly targeting companies in the $300-700 million range that complement existing digital marketplace expertise. The company has also been exploring strategic divestitures to further focus the portfolio.
IAC company profile · for informational purposes only — not investment advice.
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