IAC Inc.IACEarnings & Financial Report
IAC Inc. is an American holding company that owns brands worldwide, mostly in media and Internet. The company originated in 1996 as HSN Inc., the holding company of Home Shopping Network and USA Network before changing its name to USA Networks, Inc. in 1999. The firm's television assets then were sold to Vivendi in 2002.
Revenue
$589.8M
Gross Profit
$382.3M
Operating Profit
$-20.4M
Net Profit
$-21.9M
Gross Margin
64.8%
Operating Margin
-3.5%
Net Margin
-3.7%
YoY Growth
-8.1%
EPS
$-0.27
Financial Flow
IAC Inc. Q3 2025 Financial Summary
IAC Inc. reported revenue of $589.8M (down 8.1% YoY) for Q3 2025, with a net profit of $-21.9M (up 91.0% YoY) (-3.7% margin). Cost of goods sold was $207.5M, operating expenses totaled $402.7M.
Key Financial Metrics
| Total Revenue | $589.8M |
|---|---|
| Net Profit | $-21.9M |
| Gross Margin | 64.8% |
| Operating Margin | -3.5% |
| Report Period | Q3 2025 |
Revenue Breakdown
IAC Inc. Q3 2025 revenue of $589.8M breaks down across 11 segments, led by Display Advertising at $161.2M (27.3% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Display Advertising | $161.2M | 27.3% |
| Performance Marketing | $72.4M | 12.3% |
| Subscription | $71.3M | 12.1% |
| Advertising Google | $51.8M | 8.8% |
| Enterprise Revenue | $46.4M | 7.9% |
| Consumer Revenue | $44.5M | 7.5% |
| Advertising | $38.7M | 6.6% |
| Licensing And Other | $35.4M | 6.0% |
| Project And Other Print | $28.2M | 4.8% |
| Newsstand | $25.5M | 4.3% |
| Emerging Other | $17.3M | 2.9% |
IAC Inc. Revenue by Segment — Quarterly Trend
IAC Inc. revenue by segment across the last 4 reported quarters, showing how each business line (such as Display Advertising and Performance Marketing) has evolved quarter over quarter.
| Segment | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
|---|---|---|---|---|
| Display Advertising | — | $161.2M | $161.2M | $134.6M |
| Performance Marketing | $101.2M | $72.4M | $61.1M | $57.3M |
| Subscription | $69.5M | $71.3M | $73.5M | $74.3M |
| Advertising Google | $28.9M | $51.8M | $61.6M | $70.2M |
| Enterprise Revenue | — | $46.4M | $38.6M | $41.3M |
IAC Inc. Annual Revenue by Year
IAC Inc. annual revenue history includes year-by-year totals (for example, 2025 revenue was $2.4B).
| Year | Annual Revenue |
|---|---|
| 2025 | $2.4B |
| 2024 | $2.6B |
| 2023 | $2.9B |
| 2022 | $5.2B |
IAC Inc. Quarterly Revenue & Net Profit History
IAC Inc. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 2025 | $646.0M | -10.5% | $-76.8M | -11.9% |
| Q3 2025 | $589.8M | -8.1% | $-21.9M | -3.7% |
| Q2 2025 | $586.9M | -7.5% | $211.5M | 36.0% |
| Q1 2025 | $570.5M | -8.6% | $-216.8M | -38.0% |
| Q4 2024 | $721.4M | +286.0% | $-199.0M | -27.6% |
| Q3 2024 | $642.0M | -42.2% | $-243.7M | -38.0% |
| Q2 2024 | $634.4M | -42.9% | $-142.2M | -22.4% |
| Q1 2024 | $624.3M | -42.4% | $45.0M | 7.2% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $624.3M | $634.4M | $642.0M | $721.4M | $570.5M | $586.9M | $589.8M | $646.0M |
| YoY Growth | -42.4% | -42.9% | -42.2% | 286.0% | -8.6% | -7.5% | -8.1% | -10.5% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $10.36B | $10.20B | $9.84B | $9.69B | $7.19B | $7.36B | $7.19B | $7.13B |
| Liabilities | $4.23B | $4.20B | $4.08B | $4.11B | $2.47B | $2.45B | $2.40B | $2.40B |
| Equity | $6.13B | $6.01B | $5.76B | $5.58B | $4.71B | $4.91B | $4.79B | $4.73B |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $64.1M | $85.0M | $95.3M | $110.1M | $63000 | $-2.8M | $30.1M | $36.6M |