Every material Form 8-K Angi Inc. has filed with the SEC since August 04, 2026, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Angi reported third-quarter 2026 revenue of $242.0 million, down 9% from $265.6 million a year earlier, with net earnings of $1.3 million, or $0.03 per diluted share, versus $10.6 million, or $0.23, in Q3 2025. The company also said it will cut about 300 roles, with expected annual run-rate savings of $50.0 million to $60.0 million and restructuring charges of $18.0 million to $30.0 million, which matter to shareholders because they affect near-term profitability.
Q3 2026 revenue $242.0 million, down 9% year over year; operating income $15.5 million, down from $21.8 million
Adjusted EBITDA rose 6% to $42.2 million; free cash flow was $14.4 million versus $4.9 million in Q3 2025
Workforce reduction of about 300 roles announced November 3, 2026, with $50.0 million to $60.0 million expected annual run-rate savings
Year-to-date operating loss of $227.7 million includes $235.2 million of goodwill and intangible impairments recorded in Q2 2026
Angi said on September 22, 2026 that board member Michael Steib succeeds Jeff Kip as chief executive, and that Joey Levin stepped down as Executive Chairman and executive officer to become Chairman and remain an employee. The board was reduced by one seat to nine members. The filing gives Steib a $1.00 annual base salary, no cash incentive, and equity awards covering 2,000,000 shares, which matters to shareholders because it sets the terms of the new CEO's pay and dilution.
Steib became CEO effective September 22, 2026; he has been a board member since August 2026 and was TEGNA's president and CEO from August 2024 to May 2026.
Steib's employment agreement sets a $1.00 annual base salary, no cash incentive, a 1,000,000-share RSU award, and a 1,000,000-share PSU award tied to stock price hurdles from $10.00 to $20.00.
Kip receives an additional $325,000 cash payment and will consult for the company through March 22, 2027.
Levin remains Chairman and an employee, and the board size was reduced to nine members.
Angi reported second-quarter 2026 revenue of $248.0 million, down 11% from a year earlier, and a net loss of $230.7 million, or $5.70 per diluted share, after a $235.2 million non-cash impairment of goodwill and intangible assets. The filing gives no financial guidance, and shareholders' equity fell to $687.6 million at June 30, 2026, from $927.4 million at December 31, 2025. The company also changed its board and amended CEO Jeffrey Kip's performance stock unit award, removing stock price goals for two tranches.
Revenue was $248.0 million versus $278.2 million in Q2 2025; Adjusted EBITDA was $28.2 million versus $33.0 million.
Net loss of $230.7 million ($5.70 per diluted share) compares with net earnings of $10.9 million ($0.23 per share) a year earlier, driven by a $225.6 million goodwill impairment and a $9.6 million intangible impairment.
Large Pro and National Partnership Revenue grew 20%, the second straight quarter of 20%+ growth; the company launched a beta test of AI Front Desk in July 2026.
Director Jeremy Philips resigned from the board and Audit Committee effective August 4, 2026; Michael Steib was appointed a director the same day.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every Angi Inc. filing is on SEC EDGAR ↗. 8-K briefs of other companies →