Angi Inc.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.03B | $1.19B | $1.36B | $1.76B | $1.62B | $1.47B | $1.33B | $1.13B |
| Cost of Revenue | $47.4M | $57.6M | $62.5M | $337.4M | $274.7M | $173.3M | $46.5M | $55.7M |
| Gross Profit | $983.1M | $1.13B | $1.30B | $1.43B | $1.34B | $1.29B | $1.28B | $1.08B |
| Gross Margin | 95.4% | 95.1% | 95.4% | 80.9% | 83.0% | 88.2% | 96.5% | 95.1% |
| Operating Expenses | ||||||||
| Research & Development | $87.4M | $95.4M | $96.5M | $73.8M | $70.9M | $68.8M | $64.2M | $61.1M |
| SG&A Expense | $262.9M | $320.0M | $359.4M | $447.1M | $395.0M | $374.1M | $348.2M | $323.5M |
| Operating Income | $65.4M | $21.9M | $-26.5M | $-75.6M | $-67.9M | $-6.4M | $38.6M | $63.9M |
| Operating Margin | 6.3% | 1.8% | -2.0% | -4.3% | -4.2% | -0.4% | 2.9% | 5.6% |
| Interest Expense | — | — | $20.1M | $20.1M | $23.5M | $14.2M | $11.5M | $11.6M |
| Pretax Income | $62.5M | $20.1M | $-28.2M | $-94.6M | $-93.9M | $-19.3M | $33.6M | $70.0M |
| Income Tax Expense | $18.7M | $-16.8M | $1.8M | $-5.4M | $-29.9M | $-15.2M | $-1.7M | $-7.5M |
| Net Income | $43.8M | $36.8M | $-40.3M | $-128.0M | $-70.5M | $-6.3M | $34.8M | $77.5M |
| Net Margin | 4.3% | 3.1% | -3.0% | -7.3% | -4.4% | -0.4% | 2.6% | 6.8% |
| EPS (Basic) | $0.96 | $0.72 | $-0.81 | $-0.26 | $-0.14 | $-0.01 | $0.07 | $0.16 |
| EPS (Diluted) | $0.94 | $0.71 | $-0.81 | $-0.26 | $-0.14 | $-0.01 | $0.07 | $0.15 |
| Shares Outstanding (Basic) | 45.8M | 50.0M | 50.6M | 503.0M | 502.8M | 498.2M | 504.9M | 484.2M |
| Shares Outstanding (Diluted) | 46.5M | 50.7M | 50.6M | 503.0M | 502.8M | 498.2M | 517.9M | 513.6M |
| Dividends Per Share | — | — | — | — | — | — | — | — |