IAC (IAC)
Owner of People Inc. with strategic stakes in MGM Resorts and Turo.
$46.15
At close−0.28 (−0.60%)
No recent trading data
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1,111 | 1,058 | 624 | 634 | 642 | 989 | 570 | 587 | 590 | 646 | 423 | 437 |
| Cost of revenue | 342 | 305 | 259 | 253 | 243 | 263 | 205 | 202 | 207 | 226 | 160 | 157 |
| Gross profit | 769 | 753 | 365 | 381 | 399 | 727 | 365 | 385 | 382 | 420 | 263 | 280 |
| 802 | 790 | 428 | 403 | 391 | 676 | 329 | 384 | 403 | 326 | 303 | 294 | |
| Research & development | 80 | 84 | 63 | 53 | 54 | 80 | 50 | 50 | 49 | 46 | 40 | 34 |
| 618 | 542 | 316 | 303 | 292 | 531 | 244 | 303 | 321 | 279 | 237 | 234 | |
| Selling & marketing | 407 | 352 | 188 | 177 | 183 | 321 | 181 | 186 | 188 | 173 | 133 | 121 |
| General & administrative | 211 | 190 | 127 | 126 | 109 | 210 | 63 | 117 | 132 | 106 | 104 | 114 |
| Other expenses | 104 | 165 | 49 | 46 | 45 | 65 | 35 | 31 | 33 | 0 | 26 | 27 |
| Operating income | −33 | −37 | −63 | −21 | 8 | 51 | 36 | 1 | −20 | 94 | −40 | −14 |
| −478 | 476 | 159 | −164 | −371 | −313 | −345 | 273 | −29 | −92 | 22 | 706 | |
| Interest income | 18 | 19 | 17 | 22 | 22 | 20 | 14 | 11 | 11 | 9 | 10 | 9 |
| Interest expense | 40 | 40 | 35 | 40 | 40 | 37 | 28 | 37 | 28 | 27 | 26 | 26 |
| Other non-operating income | 438 | −516 | −194 | 129 | 336 | 276 | 317 | −310 | 1 | 65 | −48 | −732 |
| Income before tax | −511 | 439 | 96 | −185 | −362 | −263 | −309 | 274 | −49 | 3 | −18 | 692 |
| Income tax expense | −119 | 112 | 47 | −40 | −86 | −63 | −79 | 63 | −27 | 78 | −16 | 177 |
| Net income from continuing operations | −392 | 327 | 49 | −145 | −276 | −199 | −230 | 211 | −22 | −76 | −2 | 515 |
| Discontinued operations | 0 | 0 | −4 | 3 | 39 | 0 | 15 | 0 | 0 | 0 | 7 | −4 |
| Other adjustments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | −3 |
| Net income | −391 | 328 | 45 | −142 | −244 | −199 | −217 | 211 | −22 | −77 | 4 | 507 |
| EPS, basic | −$4.72 | $3.82 | $0.52 | −$1.71 | −$2.93 | −$2.39 | −$2.64 | $2.64 | −$0.27 | −$0.99 | $0.05 | $6.78 |
| EPS, diluted | −$4.72 | $3.70 | $0.51 | −$1.71 | −$2.93 | −$2.39 | −$2.64 | $2.57 | −$0.27 | −$0.99 | $0.05 | $6.68 |
| Weighted average shares, basic | 83 | 86 | 83 | 83 | 83 | 83 | 82 | 80 | 80 | 78 | 78 | 75 |
| Weighted average shares, diluted | 83 | 89 | 86 | 83 | 83 | 83 | 82 | 82 | 80 | 78 | 78 | 76 |
| EBITDA | −376 | 644 | 180 | −105 | −283 | −161 | −245 | 342 | 11 | 61 | 34 | 786 |
| Depreciation & amortization | 95 | 165 | 49 | 46 | 45 | 65 | 35 | 31 | 33 | 31 | 26 | 68 |
| EBIT | −471 | 479 | 131 | −151 | −328 | −226 | −281 | 311 | −21 | 29 | 8 | 718 |
