Angi Inc. (ANGI)
NASDAQ:ANGI
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Earnings Data
Report Date
Aug 11, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.21Last Year’s EPS
0.23Same Quarter Last Year
Moderate Buy
Based on 7 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Neutral
The call presents a balanced mix of material strategic upside and tangible near-term execution and visibility risks. Highlights include strong customer metrics (NPS and churn improvements), meaningful initial AI adoption, a Q1 EBITDA beat, a clear AI-native strategic roadmap with timelines, and a large stated TAM with multiple monetization paths (leads plus software). Offsetting these positives are the withdrawal of financial guidance, an acknowledged short-term revenue opportunity cost as resources shift from legacy systems, March demand softness, low current market penetration (particularly among large Pros), higher-than-expected AI costs, and early conversion issues in LLM chat tests. Management emphasizes disciplined capital allocation and intends to fund the transition internally, but investors face increased uncertainty until the new platform and agents meaningfully scale.Company Guidance
NPS and Pro Churn Improvements
Net Promoter Score improved by ~30 points and Pro churn improved by ~30%, reflecting meaningful customer experience and retention gains over the last three years.
AI Adoption Among Homeowners
50% of homeowners now interact with Angi's AI helper in their path, indicating significant initial penetration of AI features into the core experience.
Q1 EBITDA Beat
Adjusted EBITDA for Q1 came in at approximately $23 million, above prior guidance of $10–$15 million, driven by capitalized engineering labor (~€2 million) and some one-time timing benefits.
Clear AI-Native Strategic Pivot with Timeline
Company committed to building an AI-native platform and 'Angi Pro Chief Revenue Officer' agents, targeting platform migration within ~12 months and initial agent tests in the next several weeks, with plans to accelerate revenue in 2027 once deployed.
Large Market Opportunity and Pathways to $5B
Identified $700B U.S. residential job-value TAM (plus $500–$600B in Europe) with current share below 1.5%; paths to $5B revenue include increasing Pro win rates, expanding into large Pros, and adding software revenue ($50–$70B opportunity estimate for Pro software/services).
Concrete Unit Economics and Win-Rate Targets
Current metrics: Pros win ~1 in 7–8 leads, average job ~$4,000, current take rate ~10%; management believes doubling win rate (e.g., 2→4–5 wins per 7 completed jobs) and modest take-rate changes could materially grow revenue (example: achieving ~3%–7% market capture scenarios to reach multi-billion revenue).
Capital Allocation Discipline and Bond Repurchase
Company repurchased ~$100 million of bonds (~20% of debt outstanding) at approximately a 9% discount; remains disciplined on M&A and will fund transformation internally without tapping cash balance.
LMM/Chat Integrations and Platform Distribution
Angi launched an app on ChatGPT, is near breakeven on OpenAI buys, plans Amazon launch, and is pursuing multiple LLM integrations to capture emerging traffic channels and train partner/personal agents to route jobs to Angi.
ANGI Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
ANGI Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 05, 2026 | $7.41 | $4.80 | -35.22% |
Feb 10, 2026 | $11.96 | $9.20 | -23.08% |
Nov 04, 2025 | $12.87 | $11.85 | -7.93% |
Aug 05, 2025 | $15.67 | $18.26 | +16.53% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Angi Inc. (ANGI) report earnings?
Angi Inc. (ANGI) is schdueled to report earning on Aug 11, 2026, After Close (Confirmed).
What is Angi Inc. (ANGI) earnings time?
Angi Inc. (ANGI) earnings time is at Aug 11, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
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What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is ANGI EPS forecast?
ANGI EPS forecast for the fiscal quarter 2026 (Q2) is 0.21.