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Side-by-side financial comparison of IAC Inc. (IAC) and Talen Energy Corp (TLN). Click either name above to swap in a different company.

Talen Energy Corp is the larger business by last-quarter revenue ($758.0M vs $646.0M, roughly 1.2× IAC Inc.). IAC Inc. runs the higher net margin — -11.9% vs -47.9%, a 36.0% gap on every dollar of revenue. On growth, Talen Energy Corp posted the faster year-over-year revenue change (114.7% vs -10.5%). Talen Energy Corp produced more free cash flow last quarter ($254.0M vs $31.4M). Over the past eight quarters, Talen Energy Corp's revenue compounded faster (35.0% CAGR vs 1.7%).

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.

PPL Corporation is an energy company headquartered in Allentown, Pennsylvania in the Lehigh Valley region of eastern Pennsylvania. The company is publicly traded on the New York Stock Exchange as NYSE: PPL and is part of the S&P 500. As of 2022, the company had $7.9 billion in revenue, 6,500 employees, over $37 billion in assets, and serves 3.6 million customers.

IAC vs TLN — Head-to-Head

Bigger by revenue
TLN
TLN
1.2× larger
TLN
$758.0M
$646.0M
IAC
Growing faster (revenue YoY)
TLN
TLN
+125.2% gap
TLN
114.7%
-10.5%
IAC
Higher net margin
IAC
IAC
36.0% more per $
IAC
-11.9%
-47.9%
TLN
More free cash flow
TLN
TLN
$222.6M more FCF
TLN
$254.0M
$31.4M
IAC
Faster 2-yr revenue CAGR
TLN
TLN
Annualised
TLN
35.0%
1.7%
IAC

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
IAC
IAC
TLN
TLN
Revenue
$646.0M
$758.0M
Net Profit
$-76.8M
$-363.0M
Gross Margin
69.8%
Operating Margin
-17.5%
-41.3%
Net Margin
-11.9%
-47.9%
Revenue YoY
-10.5%
114.7%
Net Profit YoY
61.4%
-542.7%
EPS (diluted)
$-0.96
$-7.60

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
IAC
IAC
TLN
TLN
Q4 25
$646.0M
$758.0M
Q3 25
$589.8M
$697.0M
Q2 25
$586.9M
$409.0M
Q1 25
$570.5M
$654.0M
Q4 24
$721.4M
$353.0M
Q3 24
$642.0M
$459.0M
Q2 24
$634.4M
$346.0M
Q1 24
$624.3M
$416.0M
Net Profit
IAC
IAC
TLN
TLN
Q4 25
$-76.8M
$-363.0M
Q3 25
$-21.9M
$207.0M
Q2 25
$211.5M
$72.0M
Q1 25
$-216.8M
$-135.0M
Q4 24
$-199.0M
$82.0M
Q3 24
$-243.7M
$168.0M
Q2 24
$-142.2M
$454.0M
Q1 24
$45.0M
$294.0M
Gross Margin
IAC
IAC
TLN
TLN
Q4 25
69.8%
Q3 25
64.8%
Q2 25
65.6%
Q1 25
64.0%
Q4 24
65.8%
Q3 24
62.1%
Q2 24
60.1%
Q1 24
58.4%
Operating Margin
IAC
IAC
TLN
TLN
Q4 25
-17.5%
-41.3%
Q3 25
-3.5%
37.7%
Q2 25
0.1%
16.1%
Q1 25
6.3%
-16.2%
Q4 24
6.7%
4.5%
Q3 24
1.3%
34.4%
Q2 24
-3.4%
7.8%
Q1 24
-10.2%
6.0%
Net Margin
IAC
IAC
TLN
TLN
Q4 25
-11.9%
-47.9%
Q3 25
-3.7%
29.7%
Q2 25
36.0%
17.6%
Q1 25
-38.0%
-20.6%
Q4 24
-27.6%
23.2%
Q3 24
-38.0%
36.6%
Q2 24
-22.4%
131.2%
Q1 24
7.2%
70.7%
EPS (diluted)
IAC
IAC
TLN
TLN
Q4 25
$-0.96
$-7.60
Q3 25
$-0.27
$4.25
Q2 25
$2.57
$1.50
Q1 25
$-2.64
$-2.94
Q4 24
$-2.36
$2.07
Q3 24
$-2.93
$3.16
Q2 24
$-1.71
$7.60
Q1 24
$0.51
$4.84

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
IAC
IAC
TLN
TLN
Cash + ST InvestmentsLiquidity on hand
$960.2M
$689.0M
Total DebtLower is stronger
$1.4B
$6.8B
Stockholders' EquityBook value
$4.7B
$1.1B
Total Assets
$7.1B
$10.9B
Debt / EquityLower = less leverage
0.30×
6.23×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
IAC
IAC
TLN
TLN
Q4 25
$960.2M
$689.0M
Q3 25
$1.0B
$497.0M
Q2 25
$1.1B
$122.0M
Q1 25
$1.2B
$295.0M
Q4 24
$1.4B
$328.0M
Q3 24
$1.3B
$648.0M
Q2 24
$1.3B
$632.0M
Q1 24
$1.3B
Total Debt
IAC
IAC
TLN
TLN
Q4 25
$1.4B
$6.8B
Q3 25
$1.4B
$3.0B
Q2 25
$1.4B
$3.0B
Q1 25
$3.0B
Q4 24
$3.0B
Q3 24
$2.6B
Q2 24
$2.6B
Q1 24
Stockholders' Equity
IAC
IAC
TLN
TLN
Q4 25
$4.7B
$1.1B
Q3 25
$4.8B
$1.5B
Q2 25
$4.9B
$1.2B
Q1 25
$4.7B
$1.2B
Q4 24
$5.6B
$1.4B
Q3 24
$5.8B
$2.4B
Q2 24
$6.0B
$2.5B
Q1 24
$6.1B
$2.8B
Total Assets
IAC
IAC
TLN
TLN
Q4 25
$7.1B
$10.9B
Q3 25
$7.2B
$6.1B
Q2 25
$7.4B
$5.8B
Q1 25
$7.2B
$5.9B
Q4 24
$9.7B
$6.1B
Q3 24
$9.8B
$6.8B
Q2 24
$10.2B
$7.1B
Q1 24
$10.4B
Debt / Equity
IAC
IAC
TLN
TLN
Q4 25
0.30×
6.23×
Q3 25
0.30×
2.03×
Q2 25
0.30×
2.40×
Q1 25
2.54×
Q4 24
2.17×
Q3 24
1.10×
Q2 24
1.05×
Q1 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
IAC
IAC
TLN
TLN
Operating Cash FlowLast quarter
$36.6M
$280.0M
Free Cash FlowOCF − Capex
$31.4M
$254.0M
FCF MarginFCF / Revenue
4.9%
33.5%
Capex IntensityCapex / Revenue
0.8%
3.4%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$44.8M
$606.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
IAC
IAC
TLN
TLN
Q4 25
$36.6M
$280.0M
Q3 25
$30.1M
$489.0M
Q2 25
$-2.8M
$-184.0M
Q1 25
$63.0K
$119.0M
Q4 24
$110.1M
Q3 24
$95.3M
$96.0M
Q2 24
$85.0M
$-23.0M
Q1 24
$64.1M
$173.0M
Free Cash Flow
IAC
IAC
TLN
TLN
Q4 25
$31.4M
$254.0M
Q3 25
$25.3M
$468.0M
Q2 25
$-7.2M
$-217.0M
Q1 25
$-4.6M
$101.0M
Q4 24
$104.8M
Q3 24
$92.0M
$83.0M
Q2 24
$81.6M
$-43.0M
Q1 24
$61.1M
$148.0M
FCF Margin
IAC
IAC
TLN
TLN
Q4 25
4.9%
33.5%
Q3 25
4.3%
67.1%
Q2 25
-1.2%
-53.1%
Q1 25
-0.8%
15.4%
Q4 24
14.5%
Q3 24
14.3%
18.1%
Q2 24
12.9%
-12.4%
Q1 24
9.8%
35.6%
Capex Intensity
IAC
IAC
TLN
TLN
Q4 25
0.8%
3.4%
Q3 25
0.8%
3.0%
Q2 25
0.8%
8.1%
Q1 25
0.8%
2.8%
Q4 24
0.7%
Q3 24
0.5%
2.8%
Q2 24
0.5%
5.8%
Q1 24
0.5%
6.0%
Cash Conversion
IAC
IAC
TLN
TLN
Q4 25
Q3 25
2.36×
Q2 25
-0.01×
-2.56×
Q1 25
Q4 24
Q3 24
0.57×
Q2 24
-0.05×
Q1 24
1.42×
0.59×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

IAC
IAC

Print$168.5M26%
Performance Marketing$101.2M16%
Care.com$85.7M13%
Subscription$69.5M11%
Licensing And Other$43.8M7%
Consumer Revenue$43.2M7%
Advertising$35.9M6%
Project And Other Print$33.6M5%
Advertising Google$28.9M4%
Newsstand$22.4M3%
Emerging Other$19.6M3%

TLN
TLN

Electricity Sales And Ancillary Services$555.0M73%
Operating Revenue Capacity$182.0M24%
Physical Electricity Sales Bilateral Contracts Other$21.0M3%

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