IAC Inc. Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	2,246	3,487	3,479	3,365	5,235	3,700
Revenue Growth (YoY)	-32.70%	0.22%	3.41%	-35.73%	41.51%	33.82%
Cost of Revenue	764.26	948.37	991.27	954.01	1,934	1,296
Gross Profit	1,481	2,539	2,488	2,410	3,302	2,403
Selling, General & Admin	1,140	1,111	1,061	999.87	2,907	2,160
Depreciation & Amortization Expenses	121.5	105.66	161.67	109.54	438.7	149.85
Research & Development	185.5	449.51	442.18	384.19	318.03	230.81
Other Operating Expenses	207.45	-	-	-	112.75	-
Total Operating Expenses	1,655	1,666	1,665	1,494	3,776	2,540
Operating Income	-173.26	872.53	823.31	916.9	-474.77	-137.07
Interest Expense	-117.57	-147.55	-160.07	-159.89	-110.17	-34.26
Other Non-Operating Income (Expense)	500.21	21.03	40.82	19.77	-941.3	901.14
Total Non-Operating Income (Expense)	382.63	-126.53	-119.26	-140.12	-1,051	866.87
Pretax Income	209.38	746	704.06	776.78	-1,526	729.81
Provision for Income Taxes	98.5	132.54	152.74	125.31	-331.09	138.99
Net Income	40.9	613.45	551.28	651.54	-1,170	597.55
Minority Interest in Earnings	1.53	0.02	0.04	-0.07	-22.29	-8.56
Earnings From Discontinued Operations	-68.39	-	-	-	-2.69	1.83
Net Income to Common	40.9	613.45	551.28	651.54	-1,170	597.55
Net Income Growth	-	11.28%	-15.39%	-	-	121.54%
Shares Outstanding (Basic)	79	80	83	84	86	86
Shares Outstanding (Diluted)	79	80	83	86	86	92
Shares Change (YoY)	-4.61%	-3.67%	-3.86%	0.13%	-5.97%	0.97%
EPS (Basic)	0.44	-1.30	-6.49	3.07	-13.55	6.70
EPS (Diluted)	0.37	-1.30	-6.49	2.97	-13.55	6.31
EPS Growth	-	-	-	-	-	112.46%
Shares Outstanding	74.56	77.34	86.27	85.9	88.87	89.71
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	65.97%	72.80%	71.51%	71.64%	63.06%	64.96%
Operating Margin	-7.72%	25.02%	23.66%	27.25%	-9.07%	-3.70%
Profit Margin	1.79%	17.59%	15.85%	19.36%	-22.78%	15.92%
FCF Margin	-	29.35%	25.35%	24.65%	-4.25%	0.78%
EBITDA	-173.26	978.19	984.99	1,026	-36.07	12.79
EBITDA Margin	-7.72%	28.05%	28.31%	30.51%	-0.69%	0.35%
EBIT	-173.26	872.53	823.31	916.9	-474.77	-137.07
EBIT Margin	-7.72%	25.02%	23.66%	27.25%	-9.07%	-3.70%
Effective Tax Rate	47.05%	17.77%	21.69%	16.13%	21.69%	19.04%

Updated May 4, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q