Flash FinanceUS
Market closed · weekend S&P 5007,376.86+0.31% Nasdaq24,579.42+1.09% Dow 3051,285.73-0.46% Russell 20002,754.11+0.89% Nasdaq-10026,989.99+1.35% MidCap 4003,602.50+0.56% SmallCap 6001,673.98+0.05% VIX25.64-9.01% 10Y Yield4.86+0.45% Close of Nov 06, 2026
AI brief of an SEC Form 8-K · People (PPLI)

IAC Q4 revenue falls 10% to $646.0 million; $207.5 million Care.com impairment drives operating loss

Mixed Impact 4 of 5 earnings Written later

IAC Inc. reported fourth-quarter 2025 revenue of $646.0 million, down 10% from a year earlier, and an operating loss of $113.4 million, which included a $207.5 million non-cash goodwill impairment at Care.com. The net loss attributable to IAC shareholders narrowed to $76.8 million from $199.0 million, helped by an $118.5 million unrealized gain on its MGM Resorts stake. The company also said it will stop providing quarterly earnings guidance and gave full-year 2026 total Adjusted EBITDA guidance of $260 million to $335 million.

Key points

  • Q4 revenue was $646.0 million versus $721.4 million a year earlier; Search revenue fell 68% to $29.0 million.
  • Diluted loss per share was $0.99 versus $2.42 in Q4 2024.
  • People Inc. Digital revenue rose 14% to $354.8 million, its fastest growth in five quarters.
  • FY 2026 guidance includes total operating income of $95 million to $190 million; quarterly outlooks will no longer be provided.

The filing

CompanyPeople (PPLI)
Form8-K, current report
Filed with the SECFeb 3, 2026, 4:06 PM ET
Accession number0001628280-26-004988

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

Read the filing on SEC.gov ↗

Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:49 AM ET, from the text of the filing and its press-release exhibits 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 February 03, 2026.

Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.