IAC/InteractiveCorp. (IAC)
NASDAQ:IAC
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Earnings Data
Report Date
Aug 11, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
-0.4Last Year’s EPS
2.57Same Quarter Last Year
Moderate Buy
Based on 11 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call emphasizes clear operational progress: steady digital revenue growth, strong margin expansion, rapid growth of non-session-based revenue (+24% YoY) and diversified off-platform audiences (+27% YoY), solid free cash flow (almost $50M in Q1 and >$150M annual target), monetization wins (Care.com sale, domain sale, buybacks) and strategic moves (Decipher expansion, corporate consolidation) that position the company for improved long-term profitability. Near-term headwinds include print declines, the loss of Google-driven core web sessions, one-time consolidation and search shutdown costs, and litigation and geopolitical-driven ad market volatility. Overall, the positive operational momentum, cash generation and strategic reorganization outweigh the short-term costs and external traffic/litigation challenges.Company Guidance
Digital Revenue Growth & Margin Expansion
Digital revenue grew 8% year-over-year in Q1 (would have been ~10% ex-reclassification), digital adjusted EBITDA margin expanded to 20% from 18% (a 200 basis point improvement), and incremental digital margins were described as ~45%.
Non-Session-Based Revenue Acceleration
Non-sessions-based revenue grew 24% year-over-year in Q1 and now represents 41% of digital revenue versus 35% in prior-year Q1 (an increase of ~6 percentage points), demonstrating meaningful monetization shift away from session-based models.
Off-Platform Audience Diversification
Off-platform audiences (Apple News, TikTok, Instagram, YouTube, syndication partners) grew 27% in Q1 and are a primary driver of digital growth and improved monetization.
Strong Free Cash Flow & Capital Deployment
Generated almost $50 million of free cash flow in Q1 and are on track to exceed $150 million for the year; balance sheet net debt roughly $1.1 billion; share repurchases of 2.9 million shares (~$111 million) since last call and 13% of IAC repurchased since start of 2025; incremental MGM stake purchased (1.0M shares for $37 million) increasing ownership to 26%.
Care.com Sale and Cash Proceeds
Completed sale of Care.com in March, generating approximately $296 million of net proceeds and reclassifying Care.com as a discontinued operation.
Decipher & M&I Reorganization to Accelerate Growth
Reclassified the legacy M&I media agency business from Print to Digital under Decipher to open distribution to independent agencies and political advertisers and to sell a higher-margin Decipher product; management expects this to accelerate Decipher adoption and add an incremental ~200–300 basis points to growth in the back half of the year and into next year.
Emerging Brands Momentum
Emerging & Other (notably Vivien and The Daily Beast) showed accelerating revenue growth and together generated about $4 million of adjusted EBITDA in Q1; company raised Emerging & Other adjusted EBITDA guidance to $5–15 million for the year.
Turo Returning to Growth
Turo returned to double-digit year-over-year revenue growth in Q1 after prior slowdown; the business generated over $1 billion of revenue in 2025 and management reports improving gross and adjusted EBITDA margins and positive free cash flow trends.
Planned Corporate Consolidation with Multi-Year Savings
Announced consolidation/rebrand to People Inc., expected annual run-rate operating expense savings of ~$40 million and stock-based compensation reductions of $20–25 million; transition runs through Feb 2027 with first clean quarter of full savings in Q2 2027.
IAC 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
IAC Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 04, 2026 | $45.17 | $41.36 | -8.43% |
Feb 03, 2026 | $36.80 | $35.69 | -3.02% |
Nov 03, 2025 | $32.56 | $32.00 | -1.72% |
Aug 04, 2025 | $39.52 | $34.38 | -13.01% |
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 IAC/InteractiveCorp. (IAC) report earnings?
IAC/InteractiveCorp. (IAC) is schdueled to report earning on Aug 11, 2026, After Close (Confirmed).
What is IAC/InteractiveCorp. (IAC) earnings time?
IAC/InteractiveCorp. (IAC) earnings time is at Aug 11, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is IAC EPS forecast?
IAC EPS forecast for the fiscal quarter 2026 (Q2) is -0.4.