IAC/InteractiveCorp. ( (IAC) ) has released its Q3 earnings. Here is a breakdown of the information IAC/InteractiveCorp. presented to its investors.
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IAC/InteractiveCorp is a diversified media and internet company that operates in the digital and print publishing sectors, with significant investments in global entertainment and gaming. In its latest earnings report for Q3 2025, IAC highlighted a strategic focus on its core businesses, People Inc. and MGM Resorts, while also engaging in share repurchases to bolster shareholder value.
The company’s Q3 2025 financial performance showed a decline in total revenue by 8% year-over-year to $589.8 million, with an operating loss of $20.4 million. Despite these challenges, People Inc. reported a 9% growth in digital revenue, driven by performance marketing and licensing, and secured a significant AI licensing deal with Microsoft. Additionally, IAC repurchased 2.8 million shares for $100 million, reflecting confidence in its strategic direction.
People Inc. continues to be a key growth driver for IAC, with digital operating income increasing by 22% to $37.5 million. The acquisition of Feedfeed is expected to enhance its social media presence and advertising capabilities. On the other hand, Care.com faced a 5% revenue decline, attributed to lower subscriptions and enterprise revenue, while the Search segment saw a significant 41% drop due to changes in Google’s algorithms.
Looking ahead, IAC remains optimistic about its core businesses, with People Inc. expected to achieve an operating income of $180-$200 million for FY 2025. The company is poised to leverage its strategic investments and partnerships to navigate the evolving digital landscape and drive long-term growth.