IAC Inc. reported its earnings for the fourth quarter (Q4) of 2025, posting revenue of USD 646.0 million, representing a 10 percent decline compared to the prior-year period. The company recorded an operating loss of USD 113.4 million for Q4 2025. Net loss for the quarter was USD 76.8 million, which improved by 61 percent. Adjusted EBITDA and Free Cash Flow were also reported as key performance metrics, in line with IAC Inc.'s practice of supplementing U.S. GAAP results with these non-GAAP measures to evaluate business performance and inform internal budgeting and management compensation. During the period, IAC Inc. recognized an unrealized gain of USD 118.5 million on its investment in MGM Resorts International. Chairman and Senior Executive Barry Diller highlighted the company’s focus on disciplined execution and capital allocation, noting the deployment of USD 337 million back into the company over the past year and increased ownership in MGM. Diller emphasized that IAC Inc. will continue its strategy to simplify the company, strengthen its cash position, and pursue opportunistic capital allocation. People Inc., one of IAC Inc.’s businesses, delivered the fastest digital revenue growth in over a year despite ongoing AI-driven industry disruption. The company reiterated its commitment to executing its long-term strategy and managing risks, as outlined in its filings with the Securities and Exchange Commission.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. IAC Inc. published the original content used to generate this news brief on February 03, 2026, and is solely responsible for the information contained therein.