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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 $ 265,633 $ 296,719 $ 789,767 $ 917,243
Cost of revenue (exclusive of depreciation shown separately below) 12,460 14,750 38,617 41,399
Gross profit 253,173 281,969 751,150 875,844
Operating costs and expenses:        
Selling and marketing expense 129,314 155,443 387,308 470,817
General and administrative expense 69,410 76,827 200,810 246,717
Product development expense 20,749 24,314 71,430 72,849
Depreciation 11,918 17,568 32,144 65,741
Total operating costs and expenses 231,391 274,152 691,692 856,124
Operating income 21,782 7,817 59,458 19,720
Interest expense (5,069) (5,045) (15,164) (15,124)
Other income, net 4,090 5,979 13,737 15,033
Earnings before income taxes 20,803 8,751 58,031 19,629
Income tax (provision) benefit (10,198) 26,612 (21,423) 18,505
Net earnings 10,605 35,363 36,608 38,134
Net earnings attributable to noncontrolling interests 0 (202) 0 (844)
Net earnings attributable to Angi Inc. shareholders $ 10,605 $ 35,161 $ 36,608 $ 37,290
Per share information attributable to Angi Inc. shareholders:        
Basic earnings per share (USD per share) $ 0.24 $ 0.71 $ 0.78 $ 0.74
Diluted earnings per share (USD per share) $ 0.23 $ 0.70 $ 0.77 $ 0.74
Stock-based compensation expense by function:        
Total stock-based compensation expense $ 5,982 $ 10,024 $ 8,749 $ 28,093
Selling and marketing expense        
Stock-based compensation expense by function:        
Total stock-based compensation expense 748 1,151 2,192 3,528
General and administrative expense        
Stock-based compensation expense by function:        
Total stock-based compensation expense 3,983 7,309 773 20,309
Product development expense        
Stock-based compensation expense by function:        
Total stock-based compensation expense $ 1,251 $ 1,564 $ 5,784 $ 4,256