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CONSOLIDATED STATEMENT OF OPERATIONS - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Revenue $ 589,793 $ 642,000 $ 1,747,210 $ 1,900,683
Operating costs and expenses:        
Cost of revenue (exclusive of depreciation shown separately below) 207,457 243,061 614,711 755,879
Selling and marketing expense 188,373 182,820 555,112 548,208
General and administrative expense 132,369 108,793 312,536 362,271
Product development expense 49,485 53,948 149,524 170,571
Depreciation 8,996 8,877 28,922 30,725
Amortization of intangibles 23,511 36,355 70,452 109,793
Total operating costs and expenses 610,191 633,854 1,731,257 1,977,447
Operating (loss) income (20,398) 8,146 15,953 (76,764)
Interest expense (27,636) (34,656) (93,117) (103,810)
Unrealized gain (loss) on investment in MGM Resorts International 17,476 (346,272) 648 (361,805)
Other (expense) income, net (18,438) 10,384 (7,922) 90,828
Loss from continuing operations before income taxes (48,996) (362,398) (84,438) (451,551)
Income tax benefit 27,259 86,169 43,453 80,074
Net loss from continuing operations (21,737) (276,229) (40,985) (371,477)
Earnings from discontinued operations, net of tax 0 38,784 15,313 37,537
Net loss (21,737) (237,445) (25,672) (333,940)
Net earnings attributable to noncontrolling interests (142) (6,274) (1,560) (6,980)
Net loss attributable to IAC shareholders $ (21,879) $ (243,719) $ (27,232) $ (340,920)
Per share information from continuing operations:        
Basic loss per share (USD per share) $ (0.27) $ (3.33) $ (0.50) $ (4.48)
Diluted loss per share (USD per share) (0.27) (3.33) (0.50) (4.48)
Per share information attributable to IAC common stock and Class B common stock shareholders:        
Basic loss per share (USD per share) (0.27) (2.93) (0.34) (4.10)
Diluted loss per share (USD per share) $ (0.27) $ (2.93) $ (0.34) $ (4.10)
Stock-based compensation expense by function:        
Stock-based compensation expense $ 16,992 $ 18,207 $ 16,067 $ 58,144
Cost of revenue        
Stock-based compensation expense by function:        
Stock-based compensation expense 380 504 1,161 1,757
Selling and marketing expense        
Stock-based compensation expense by function:        
Stock-based compensation expense 1,069 292 2,894 1,928
General and administrative expense        
Stock-based compensation expense by function:        
Stock-based compensation expense 14,595 16,428 9,473 51,497
Product development expense        
Stock-based compensation expense by function:        
Stock-based compensation expense $ 948 $ 983 $ 2,539 $ 2,962