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AI brief of an SEC Form 8-K · Angi Inc. (ANGI)

Angi Q3 revenue falls 9% to $242.0 million; net earnings drop to $1.3 million

Negative Impact 4 of 5 earnings Written later

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.

Key points

  • 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

The filing

CompanyAngi Inc. (ANGI)
Form8-K, current report
Filed with the SECNov 3, 2026, 4:05 PM ET
Accession number0001705110-26-000104

Items reported: 2.02 Results of Operations7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 8:53 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 03, 2026.

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.