Angi Inc. ( (ANGI) ) has released its Q2 earnings. Here is a breakdown of the information Angi Inc. presented to its investors.
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Angi Inc. is a leading company in the home services industry, providing a platform that connects homeowners with service professionals for various jobs. The company operates primarily in the digital marketplace sector, focusing on enhancing customer experiences and ensuring jobs are done well.
In its Q2 2025 earnings report, Angi Inc. highlighted its strategic focus on returning to profitable growth by 2026, despite experiencing revenue declines due to changes in its matching process. The company reported growth in proprietary service requests and leads, marking a significant milestone in its path to recovery.
Key financial metrics revealed a 7% increase in proprietary service requests and a 16% rise in leads year over year. The company also achieved a 5% growth in revenue per lead. Angi has been optimizing its bidding and matching processes, resulting in a more efficient marketing strategy. Additionally, the company reported a significant improvement in pro acquisition efforts, with a 300% increase in pro lifetime value sold by its salesforce.
Angi Inc. continues to focus on enhancing customer satisfaction through improved matching quality between homeowners and professionals. The company is also working on migrating its marketplace pros to a single platform, which is expected to improve match quality and pro response rates. Looking forward, Angi anticipates a return to revenue growth in 2026, with strategic initiatives paving the way for long-term success.
The company remains optimistic about its future, with expectations of moderated revenue declines for the remainder of 2025 and a return to growth in 2026. Angi is committed to delivering more jobs done well and creating value for its customers, shareholders, and employees.