# EDGAR Filing Document

**Accession Number:** 0001800227
**File Stem:** 0001628280-26-024065
**Filing Date:** 2026-4
**Character Count:** 24446
**Document Hash:** 02c8e999c936b2659af0b09f8b20185b
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001628280-26-024065.hdr.sgml**: 20260407

**ACCESSION NUMBER**: 0001628280-26-024065

**CONFORMED SUBMISSION TYPE**: 8-K

**PUBLIC DOCUMENT COUNT**: 12

**CONFORMED PERIOD OF REPORT**: 20260407

**ITEM INFORMATION**: Regulation FD Disclosure

**ITEM INFORMATION**: Financial Statements and Exhibits

**FILED AS OF DATE**: 20260407

**DATE AS OF CHANGE**: 20260407

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** IAC Inc.
- **CENTRAL INDEX KEY:** 0001800227
- **STANDARD INDUSTRIAL CLASSIFICATION:** SERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC. [7370]
- **ORGANIZATION NAME:** 06 Technology
- **EIN:** 843727412
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 8-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-39356
- **FILM NUMBER:** 26844762

**BUSINESS ADDRESS:**
- **STREET 1:** 555 WEST 18TH STREET
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10011
- **BUSINESS PHONE:** (212) 314-7300

**MAIL ADDRESS:**
- **STREET 1:** 555 WEST 18TH STREET
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10011

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** IAC/InterActiveCorp
- **DATE OF NAME CHANGE:** 20200702

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** IAC Holdings, Inc.
- **DATE OF NAME CHANGE:** 20200115

?xml version='1.0' encoding='ASCII'? iaci-20260407

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**WASHINGTON, D.C. 20549**

**FORM 8-K**

**CURRENT REPORT**

**Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934**

Date of Report (Date of earliest event reported): April 7, 2026

**IAC Inc.**

(Exact name of registrant as specified in charter)

---

| | | |
|:---|:---|:---|
| **Delaware** | **001-39356** | **84-3727412** |
| (State or other jurisdiction<br>of incorporation) | (Commission<br>File Number) | (IRS Employer<br>Identification No.) |

---

---

| | | | |
|:---|:---|:---|:---|
| **555 West 18th Street,** | **New York,** | **NY** | **10011** |
| (Address of principal executive offices) | (Address of principal executive offices) | (Address of principal executive offices) | (Zip Code) |

---

Registrant's telephone number, including area code: **(212) 314-7300**

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐&nbsp;&nbsp;&nbsp;&nbsp;Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐&nbsp;&nbsp;&nbsp;&nbsp;Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐&nbsp;&nbsp;&nbsp;&nbsp;Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐&nbsp;&nbsp;&nbsp;&nbsp;Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

---

| | | |
|:---|:---|:---|
| **Securities registered pursuant to Section 12(b) of the Act:** | **Securities registered pursuant to Section 12(b) of the Act:** | **Securities registered pursuant to Section 12(b) of the Act:** |
| **Title of each class** | **Trading Symbol(s)** | **Name of exchange on which registered** |
| Common Stock, par value $0.0001 | IAC | The Nasdaq Stock Market LLC |
| Common Stock, par value $0.0001 |  | (Nasdaq Global Select Market) |

---

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

------

**Item 7.01. Regulation FD Disclosure.**

On April 7, 2026, IAC Inc. ("IAC" or the "Company") posted supplemental financial information to reflect (i) the reclassification of the digital portion of a legacy agency business between the Print and Digital segments of Dotdash Meredith Inc. ("People Inc.") and (ii) Care.com, Inc. ("Care.com") as discontinued operations for all periods prior to its sale on March 16, 2026 in accordance with ASC 205, "Presentation of Financial Statements," within IAC's consolidated financial statements on its website (*http://ir.iac.com/quarterly-results)*.

Effective January 1, 2026, People Inc. changed its internal management reporting structure to better align and support its D/Cipher advertising capabilities. As a result, the digital portion of a legacy agency business that had previously been included within the People Inc. Print segment now reports to the D/Cipher management team within the People Inc. Digital segment. This change will allow D/Cipher to leverage the agency business as a sales channel and to achieve operational and performance efficiencies. As a result of this change, financial information for both the People Inc. Print and Digital segments for prior periods has been recast to conform to the current period presentation.

On March 16, 2026, the Company completed the previously announced sale of Care.com. As a result of the sale, the operations of Care.com for prior periods have been reflected as discontinued operations to conform to the current period presentation.

Other than the changes described above, there are no other changes to the Company's reportable segments reflected in the supplemental financial information, a copy of which is furnished herewith as Exhibit 99.1.

The information contained in this Current Report on Form 8-K, including Exhibit 99.1 furnished herewith, shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of such section and shall not be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.

------

**Item 9.01. Financial Statements and Exhibits**

**Exhibits.**

---

| | |
|:---|:---|
| **Exhibit<br>Number** | **Description** |
| <u>[99.1](ex-991xsupplementalfinanci.htm)</u> | Supplemental financial information |
| 104 | Cover Page Interactive Data File (formatted as Inline XBRL and contained in Exhibit 101) |

---

------

**SIGNATURES**

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

---

| | |
|:---|:---|
| IAC Inc. | IAC Inc. |
| By: | /s/ KENDALL HANDLER |
| Name: | Kendall Handler |
| Title: | *Executive Vice President, Chief Legal Officer & Secretary* |

---

Date: April 7, 2026

## Exhibit 99.1

**&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**

**<u>Exhibit 99.1</u>**

The tables below reflect IAC on a continuing operations basis, updated to reflect (i) the reclassification of the digital portion of a legacy agency business between the Print and Digital segments of People Inc. and (ii) Care.com as discontinued operations for periods prior to its sale on March 16, 2026 as described in Item 7.01 of this Form 8-K. The information presented below should be read in conjunction with IAC Inc.'s historical consolidated financial statements and notes thereto found on the U.S. Securities and Exchange Commission's website at http://www.sec.gov.

---

| | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| | **2023** | **2024** | **2024** | **2024** | **2024** | **2024** | **2025** | **2025** | **2025** | **2025** | **2025** |
| | **FYE 12/31** | **Q1** | **Q2** | **Q3** | **Q4** | **FYE 12/31** | **Q1** | **Q2** | **Q3** | **Q4** | **FYE 12/31** |
| | (Unaudited; in thousands) | (Unaudited; in thousands) | (Unaudited; in thousands) | (Unaudited; in thousands) | (Unaudited; in thousands) | (Unaudited; in thousands) | (Unaudited; in thousands) | (Unaudited; in thousands) | (Unaudited; in thousands) | (Unaudited; in thousands) | (Unaudited; in thousands) |
| **Revenue** |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;People Inc. |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Digital | $939865 | $220672 | $253751 | $266923 | $345021 | $1086367 | $234520 | $273999 | $283167 | $370200 | $1161886 |
| &nbsp;&nbsp;&nbsp;&nbsp;Print | 776017 | 174552 | 175994 | 178023 | 183067 | 711636 | 163270 | 158263 | 152594 | 148178 | 622305 |
| &nbsp;&nbsp;&nbsp;&nbsp;Intersegment eliminations | (20989) | (4684) | (4584) | (5483) | (6023) | (20774) | (4719) | (4892) | (5934) | (6573) | (22118) |
| &nbsp;&nbsp;&nbsp;Total People Inc. | 1694893 | 390540 | 425161 | 439463 | 522065 | 1777229 | 393071 | 427370 | 429827 | 511805 | 1762073 |
| &nbsp;&nbsp;&nbsp;Search | 629038 | 108473 | 101756 | 88284 | 89186 | 387699 | 70329 | 61690 | 51892 | 28972 | 212883 |
| &nbsp;&nbsp;&nbsp;Emerging & Other | 229461 | 34014 | 19886 | 18565 | 16563 | 89028 | 18287 | 15877 | 17288 | 19551 | 71003 |
| &nbsp;&nbsp;&nbsp;Intersegment eliminations | (8804) | (1204) | (2) | (2) | (10) | (1218) | (1) |  |  | (1) | (2) |
| Total revenue | $2544588 | $531823 | $546801 | $546310 | $627804 | $2252738 | $481686 | $504937 | $499007 | $560327 | $2045957 |
| **Operating (loss) income** |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;People Inc. |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Digital<sup>(a)</sup> | $(18270) | $(1266) | $25762 | $33061 | $96810 | $154367 | $17876 | $38371 | $38434 | $113305 | $207986 |
| &nbsp;&nbsp;&nbsp;&nbsp;Print<sup>(b)</sup> | (1886) | (4035) | 5798 | 5213 | 10083 | 17059 | 8744 | 10905 | 1016 | 6769 | 27434 |
| &nbsp;&nbsp;&nbsp;&nbsp;Other<sup>(c)(d)(e)</sup> | (130582) | (15528) | (13222) | (16213) | (19589) | (64552) | 16587 | (14497) | (10917) | (14034) | (22861) |
| &nbsp;&nbsp;&nbsp;Total People Inc. | (150738) | (20829) | 18338 | 22061 | 87304 | 106874 | 43207 | 34779 | 28533 | 106040 | 212559 |
| &nbsp;&nbsp;&nbsp;Search | 44198 | 4356 | 4624 | 2389 | 6037 | 17406 | 3009 | 5101 | 1880 | 231 | 10221 |
| &nbsp;&nbsp;Emerging & Other<sup>(f)</sup> | (22784) | (21081) | (6773) | (2618) | (7223) | (37695) | (4886) | (9221) | (20797) | 2552 | (32352) |
| &nbsp;&nbsp;&nbsp;Corporate | (151285) | (37466) | (36674) | (28659) | (41444) | (144243) | (17206) | (33041) | (34959) | (31062) | (116268) |
| Total operating (loss) income | $(280609) | $(75020) | $(20485) | $(6827) | $44674 | $(57658) | $24124 | $(2382) | $(25343) | $77761 | $74160 |
| **Stock-based compensation expense** |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;People Inc. |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Digital | $(8159) | $(2200) | $(3436) | $(2149) | $(2312) | $(10097) | $(1855) | $(3034) | $(3211) | $(3464) | $(11564) |
| &nbsp;&nbsp;&nbsp;&nbsp;Print | (1381) | (446) | (723) | (516) | (360) | (2045) | (450) | (442) | (451) | (430) | (1773) |
| &nbsp;&nbsp;&nbsp;&nbsp;Other<sup>(c)</sup> | (13961) | (4703) | (2521) | (3167) | (3292) | (13683) | (3188) | (3727) | (4060) | (4102) | (15077) |
| &nbsp;&nbsp;&nbsp;Total People Inc. | (23501) | (7349) | (6680) | (5832) | (5964) | (25825) | (5493) | (7203) | (7722) | (7996) | (28414) |
| &nbsp;&nbsp;&nbsp;Search |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Emerging & Other | (1600) | (410) | (253) | (478) | (485) | (1626) | (345) | (2874) | (743) | (602) | (4564) |
| &nbsp;&nbsp;&nbsp;Corporate | (43961) | (10327) | (12202) | (11183) | (11996) | (45708) | 27228 | (8233) | (7412) | (6509) | 5074 |
| Total stock-based compensation expense | $(69062) | $(18086) | $(19135) | $(17493) | $(18445) | $(73159) | $21390 | $(18310) | $(15877) | $(15107) | $(27904) |

---

------

---

| | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| | **2023** | **2024** | **2024** | **2024** | **2024** | **2024** | **2025** | **2025** | **2025** | **2025** | **2025** |
| | **FYE 12/31** | **Q1** | **Q2** | **Q3** | **Q4** | **FYE 12/31** | **Q1** | **Q2** | **Q3** | **Q4** | **FYE 12/31** |
| | (Unaudited; in thousands) | (Unaudited; in thousands) | (Unaudited; in thousands) | (Unaudited; in thousands) | (Unaudited; in thousands) | (Unaudited; in thousands) | (Unaudited; in thousands) | (Unaudited; in thousands) | (Unaudited; in thousands) | (Unaudited; in thousands) | (Unaudited; in thousands) |
| **Depreciation** |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;People Inc. |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Digital | $(24797) | $(4864) | $(3688) | $(3637) | $(3754) | $(15943) | $(3074) | $(3167) | $(4428) | $(3933) | $(14602) |
| &nbsp;&nbsp;&nbsp;&nbsp;Print | (13277) | (2530) | (1861) | (1405) | (1462) | (7258) | (1393) | (1403) | (1237) | (1104) | (5137) |
| &nbsp;&nbsp;&nbsp;&nbsp;Other<sup>(c)(e)</sup> | (32183) | (1161) | (469) | (672) | (801) | (3103) | (4706) | (651) | (525) | (1274) | (7156) |
| &nbsp;&nbsp;&nbsp;Total People Inc. | (70257) | (8555) | (6018) | (5714) | (6017) | (26304) | (9173) | (5221) | (6190) | (6311) | (26895) |
| &nbsp;&nbsp;&nbsp;Search | (85) | (21) | (21) | (62) |  | (104) |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Emerging & Other | (203) | (23) | (13) | (19) | (10) | (65) | (23) | (9) | (8) | (9) | (49) |
| &nbsp;&nbsp;&nbsp;Corporate | (7154) | (2315) | (2027) | (2024) | (2042) | (8408) | (2045) | (2038) | (2037) | (1935) | (8055) |
| Total depreciation | $(77699) | $(10914) | $(8079) | $(7819) | $(8069) | $(34881) | $(11241) | $(7268) | $(8235) | $(8255) | $(34999) |
| **Amortization of intangibles** |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;People Inc. |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Digital | $(226694) | $(30082) | $(30304) | $(29949) | $(26207) | $(116542) | $(18724) | $(18723) | $(18826) | $(18235) | $(74508) |
| &nbsp;&nbsp;&nbsp;&nbsp;Print | (53043) | (5085) | (5084) | (5085) | (4621) | (19875) | (3694) | (3695) | (3695) | (3617) | (14701) |
| &nbsp;&nbsp;&nbsp;&nbsp;Other<sup>(c)</sup> |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Total People Inc. | (279737) | (35167) | (35388) | (35034) | (30828) | (136417) | (22418) | (22418) | (22521) | (21852) | (89209) |
| &nbsp;&nbsp;&nbsp;Search |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Emerging & Other | (512) | (9) |  |  |  | (9) |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Corporate |  |  |  |  |  |  |  |  |  |  |  |
| Total amortization of intangibles | $(280249) | $(35176) | $(35388) | $(35034) | $(30828) | $(136426) | $(22418) | $(22418) | $(22521) | $(21852) | $(89209) |
| **Goodwill impairment** |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;People Inc. |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Digital | $— | $— | $— | $— | $— | $— | $— | $— | $— | $— | $— |
| &nbsp;&nbsp;&nbsp;&nbsp;Print |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Other<sup>(c)</sup> |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Total People Inc. |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Search |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Emerging & Other | (9000) |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Corporate |  |  |  |  |  |  |  |  |  |  |  |
| Total goodwill impairment | $(9000) | $— | $— | $— | $— | $— | $— | $— | $— | $— | $— |

---

------

---

| | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| | **2023** | **2024** | **2024** | **2024** | **2024** | **2024** | **2025** | **2025** | **2025** | **2025** | **2025** |
| | **FYE 12/31** | **Q1** | **Q2** | **Q3** | **Q4** | **FYE 12/31** | **Q1** | **Q2** | **Q3** | **Q4** | **FYE 12/31** |
| | (Unaudited; in thousands) | (Unaudited; in thousands) | (Unaudited; in thousands) | (Unaudited; in thousands) | (Unaudited; in thousands) | (Unaudited; in thousands) | (Unaudited; in thousands) | (Unaudited; in thousands) | (Unaudited; in thousands) | (Unaudited; in thousands) | (Unaudited; in thousands) |
| **Adjusted EBITDA**<sup>(g)</sup> |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;People Inc. |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Digital<sup>(a)</sup> | $241380 | $35880 | $63190 | $68796 | $129083 | $296949 | $41529 | $63295 | $64899 | $138937 | $308660 |
| &nbsp;&nbsp;&nbsp;&nbsp;Print<sup>(b)</sup> | 65815 | 4026 | 13466 | 12219 | 16526 | 46237 | 14281 | 16445 | 6399 | 11920 | 49045 |
| &nbsp;&nbsp;&nbsp;&nbsp;Other<sup>(c)(d)</sup> | (84438) | (9664) | (10232) | (12374) | (15496) | (47766) | 24481 | (10119) | (6332) | (8658) | (628) |
| &nbsp;&nbsp;Total People Inc.<sup>(a)</sup> | 222757 | 30242 | 66424 | 68641 | 130113 | 295420 | 80291 | 69621 | 64966 | 142199 | 357077 |
| &nbsp;&nbsp;&nbsp;Search | 44283 | 4377 | 4645 | 2451 | 6037 | 17510 | 3009 | 5101 | 1880 | 231 | 10221 |
| &nbsp;&nbsp;Emerging & Other<sup>(f)</sup> | (11469) | (20639) | (6507) | (2121) | (6728) | (35995) | (4518) | (6338) | (20046) | 3163 | (27739) |
| &nbsp;&nbsp;&nbsp;Corporate | (100170) | (24824) | (22445) | (15452) | (27406) | (90127) | (42389) | (22770) | (25510) | (22618) | (113287) |
| Total Adjusted EBITDA | $155401 | $(10844) | $42117 | $53519 | $102016 | $186808 | $36393 | $45614 | $21290 | $122975 | $226272 |

---

The following table reconciles net earnings (loss) attributable to IAC shareholders to operating (loss) income to Adjusted EBITDA:

---

| | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| | **2023** | **2024** | **2024** | **2024** | **2024** | **2024** | **2025** | **2025** | **2025** | **2025** | **2025** |
| | **FYE 12/31** | **Q1** | **Q2** | **Q3** | **Q4** | **FYE 12/31** | **Q1** | **Q2** | **Q3** | **Q4** | **FYE 12/31** |
| | (Unaudited; in thousands) | (Unaudited; in thousands) | (Unaudited; in thousands) | (Unaudited; in thousands) | (Unaudited; in thousands) | (Unaudited; in thousands) | (Unaudited; in thousands) | (Unaudited; in thousands) | (Unaudited; in thousands) | (Unaudited; in thousands) | (Unaudited; in thousands) |
| **Net earnings (loss) attributable to IAC shareholders** | $265942 | $45031 | $(142232) | $(243719) | $(198977) | $(539897) | $(216805) | $211452 | $(21879) | $(76794) | $(104026) |
| Add back: |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Net (loss) earnings attributable to noncontrolling interest | (7625) | (59) | 765 | 6274 | (413) | 6567 | 2237 | (819) | 142 | 996 | 2556 |
| &nbsp;&nbsp;Loss (earnings) from discontinued operations, net of tax<sup>(h)(i)</sup> | 6544 | (3470) | (2078) | (52148) | (5026) | (62722) | (43774) | (22660) | (27055) | 250871 | 157382 |
| &nbsp;&nbsp;&nbsp;Income tax provision (benefit) | 84921 | 42811 | (40691) | (87970) | (62424) | (148274) | (62481) | 82708 | (5158) | 18451 | 33520 |
| &nbsp;&nbsp;&nbsp;Other (income) expense, net | (46218) | (30262) | (50007) | (10192) | (7768) | (98229) | (7632) | (2793) | 18447 | (24146) | (16124) |
| &nbsp;&nbsp;&nbsp;Unrealized loss (gain) on investment in MGM Resorts International | (721668) | (163751) | 179284 | 346272 | 287373 | 649178 | 324265 | (307437) | (17476) | (118527) | (119175) |
| &nbsp;&nbsp;&nbsp;Interest expense | 137495 | 34680 | 34474 | 34656 | 31909 | 135719 | 28314 | 37167 | 27636 | 26910 | 120027 |
| **Operating (loss) income** | (280609) | (75020) | (20485) | (6827) | 44674 | (57658) | 24124 | (2382) | (25343) | 77761 | 74160 |
| Add back: |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Stock-based compensation expense | 69062 | 18086 | 19135 | 17493 | 18445 | 73159 | (21390) | 18310 | 15877 | 15107 | 27904 |
| &nbsp;&nbsp;&nbsp;Depreciation | 77699 | 10914 | 8079 | 7819 | 8069 | 34881 | 11241 | 7268 | 8235 | 8255 | 34999 |
| &nbsp;&nbsp;&nbsp;Amortization of intangibles | 280249 | 35176 | 35388 | 35034 | 30828 | 136426 | 22418 | 22418 | 22521 | 21852 | 89209 |
| &nbsp;&nbsp;&nbsp;Goodwill impairment | 9000 |  |  |  |  |  |  |  |  |  |  |
| **Adjusted EBITDA** | $155401 | $(10844) | $42117 | $53519 | $102016 | $186808 | $36393 | $45614 | $21290 | $122975 | $226272 |

---

<sup>(a)</sup>The third quarter of 2025 operating income of $38.4 million and Adjusted EBITDA of $64.9 million at People Inc. Digital include $8.3 million of severance-related costs driven by headcount reductions to better align the business with strategic growth opportunities.

<sup>(b)</sup>The third quarter of 2025 operating income of $1.0 million and Adjusted EBITDA of $6.4 million at People Inc. Print include $5.8 million of severance-related costs driven by headcount reductions to better align the business with strategic growth opportunities.

<sup>(c)</sup>Other comprises unallocated corporate costs.

------

<sup>(d)</sup>The 2023 operating loss of $130.6 million and Adjusted EBITDA loss of $84.4 million at People Inc. Other include $44.7 million of impairment charges of a right-of-use asset related to certain unoccupied leased office space. The first quarter of 2025 operating income of $16.6 million and Adjusted EBITDA of $24.5 million at People Inc. Other include a net gain of $36.2 million related to the aforementioned unoccupied office space. The third quarter of 2025 operating loss of $10.9 million and Adjusted EBITDA loss of $6.3 million at People Inc. Other include a net gain of $5.2 million related to an amendment of a lease, which provided for the surrender of certain office space early, partially offset by $1.0 million of severance-related costs driven by headcount reductions to better align the business with strategic growth opportunities.

<sup>(e)</sup>The 2023 operating loss of $130.6 million and depreciation of $32.2 million at People Inc. Other include $25.3 million of impairment charges related to leasehold improvements and furniture and equipment related to certain unoccupied leased office space and a $4.2 million write-off of certain leasehold improvements and furniture and equipment.

<sup>(f)</sup>The third quarter of 2025 operating loss of $20.8 million and Adjusted EBITDA loss of $20.0 million at Emerging & Other include $21.4 million of legal fees and settlement expenses for litigation that concluded in Q3 2025 related to a legacy business.

<sup>(g)</sup>Adjusted EBITDA (Adjusted Earnings Before Interest, Taxes, Depreciation and Amortization) is defined as operating income excluding: (1) stock-based compensation expense; (2) depreciation; and (3) acquisition-related items consisting of (i) amortization of intangible assets and impairments of goodwill and intangible assets, if applicable, and (ii) gains and losses recognized on changes in the fair value of contingent consideration arrangements, if applicable. We believe this measure is useful for analysts and investors as this measure allows a more meaningful comparison between our performance and that of our competitors. Adjusted EBITDA has certain limitations because it excludes the impact of these expenses.

<sup>(h)</sup>On March 31, 2025, IAC completed the spin-off of Angi, including Roofing, by means of a special dividend (the "Distribution") of all shares of Angi capital stock held by IAC to holders of its common stock and Class B common stock. As a result of the Distribution, IAC no longer owns any shares of Angi's capital stock and Angi became an independent public company. The operations of Angi, including Roofing, which Angi sold on November 1, 2023 and IAC included in Emerging & Other following its sale, are presented as discontinued operations within IAC's consolidated financial statements for all periods prior to March 31, 2025.

<sup>(i)</sup>On March 16, 2026, IAC completed the previously announced sale of Care.com. As a result of the sale, the operations of Care.com are presented as discontinued operations within IAC's consolidated financial statements for all periods prior to its sale.