IAC Inc. Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	3,487	3,479	3,365	5,235	3,700
Revenue Growth (YoY)	0.22%	3.41%	-35.73%	41.51%	33.83%
Cost of Revenue	948.37	991.27	954.01	1,934	1,296
Gross Profit	2,539	2,488	2,410	3,302	2,403
Selling, General & Admin	1,111	1,061	999.87	2,907	2,160
Depreciation & Amortization Expenses	105.66	161.67	109.54	438.7	149.85
Research & Development	449.51	442.18	384.19	318.03	230.81
Other Operating Expenses	-	-	-	112.75	-
Operating Income	872.53	823.31	916.9	-474.77	-137.07
Interest Expense	-147.55	-160.07	-159.89	-110.17	-34.26
Other Non-Operating Income (Expense)	21.03	40.82	19.77	-941.3	901.14
Total Non-Operating Income (Expense)	-126.53	-119.26	-140.12	-1,051	866.87
Pretax Income	746	704.06	776.78	-1,526	729.81
Provision for Income Taxes	132.54	152.74	125.31	-331.09	138.99
Net Income	613.45	551.28	651.54	-1,170	597.55
Minority Interest in Earnings	0.02	0.04	-0.07	-22.29	-8.56
Earnings From Discontinued Operations	-	-	-	-2.69	1.83
Net Income to Common	613.45	551.28	651.54	-1,170	597.55
Net Income Growth	11.28%	-15.39%	-	-	121.54%
Shares Outstanding (Basic)	80	83	84	86	86
Shares Outstanding (Diluted)	80	83	86	86	92
Shares Change (YoY)	-3.67%	-3.86%	0.13%	-5.97%	0.97%
EPS (Basic)	-1.30	-6.49	3.07	-13.55	6.70
EPS (Diluted)	-1.30	-6.49	2.97	-13.55	6.31
EPS Growth	-	-	-	-	112.46%
Free Cash Flow	1,024	882.14	829.38	-222.54	28.69
Free Cash Flow Growth	16.04%	6.36%	-	-	-45.51%
Free Cash Flow Per Share	12.78	10.61	9.59	-2.58	0.31
Gross Margin	72.80%	71.51%	71.64%	63.06%	64.96%
Operating Margin	25.02%	23.66%	27.25%	-9.07%	-3.70%
Profit Margin	17.59%	15.85%	19.36%	-22.78%	15.92%
FCF Margin	29.35%	25.35%	24.65%	-4.25%	0.78%
EBITDA	978.19	984.99	1,026	-36.07	12.79
EBITDA Margin	28.05%	28.31%	30.51%	-0.69%	0.35%
EBIT	872.53	823.31	916.9	-474.77	-137.07
EBIT Margin	25.02%	23.66%	27.25%	-9.07%	-3.70%
Effective Tax Rate	17.77%	21.69%	16.13%	21.69%	19.04%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.