Angi Inc. ANGI
Angi Inc. connects quality home professionals ("Pros") with consumers across more than 500 different categories, from repairing and remodeling homes to cleaning and landscaping. There were approximately 111,000 Average Monthly Active Pros (as defined below) during the three months ended December 31, 2025. Additionally, consumers turned to at least one of our businesses to find a Pro for approximately 16 million projects during the twelve months ended December 31, 2025.
During the first quarter of 2025, the Company updated its segment reporting structure from "Ads and Leads", "Services", and "International" to "Domestic" and "International" to better reflect how it manages its business and how management evaluates performance and allocates resources. During the fourth quarter of 2025, the Company changed the name of its "Domestic" segment to "U.S." segment. The change reflects an updated naming convention and did not result in any change to the composition of the segment or how the Company evaluates its performance in the current year as well as prior periods. The naming convention for prior periods has been conformed to the current period. The change had no impact on the Company's consolidated financial statements. As a result of these updates, the Company now has the following two operating segments: (i) U.S. and (ii) International (consisting of businesses in Europe and Canada). The Company continues to operate under multiple brands including Angi, Angie's List, HomeAdvisor, and Handy.
Valuation FY2025 figures against the last close
Where the revenue comes from as reported in the latest 10-K
Revenue by geography
- United States
- All other countries
| Region | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| United States | $903.9M | $1.06B | $1.24B |
| All other countries | $126.6M | $129.3M | $116.7M |
As the company reported it, from the “SEGMENT INFORMATION - Revenue and Long-Lived Assets (Details)” note of its latest 10-K. Every figure here has been checked against the total revenue the same filing reported. Regions are the filer's own and are not mapped onto a standard list — one company's “Americas” and another's “United States” are different areas, and making them look comparable would mean making at least one of them wrong. Slices under 1% are folded into “Other”.
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.03B | $1.19B | $1.36B | $1.76B | $1.62B | $1.47B | $1.33B | $1.13B | $736.4M | $498.9M |
| Cost of revenue | $47.4M | $57.6M | $62.5M | $337.4M | $274.7M | $173.3M | $46.5M | $55.7M | $34.1M | $25.9M |
| Gross profit | $983.1M | $1.13B | $1.30B | $1.43B | $1.34B | $1.29B | $1.28B | $1.08B | $702.3M | $473.0M |
| R&D | $87.4M | $95.4M | $96.5M | $73.8M | $70.9M | $68.8M | $64.2M | $61.1M | $47.9M | $20.6M |
| SG&A | $262.9M | $320.0M | $359.4M | $447.1M | $395.0M | $374.1M | $348.2M | $323.5M | $300.4M | $110.1M |
| Total operating expenses | $917.7M | $1.11B | $1.32B | $1.50B | $1.41B | $1.30B | $1.29B | $1.07B | $884.3M | $474.8M |
| Operating income | $65.4M | $21.9M | -$26.5M | -$75.6M | -$67.9M | -$6.4M | $38.6M | $63.9M | -$147.9M | $24.1M |
| Interest expense | $20.5M | $20.2M | $20.1M | $20.1M | $23.5M | $14.2M | $11.5M | $11.6M | $1.8M | $0 |
| Pre-tax income | $62.5M | $20.1M | -$28.2M | -$94.6M | -$93.9M | -$19.3M | $33.6M | $70.0M | -$153.6M | $22.5M |
| Income tax | $18.7M | $16.8M | $1.8M | $5.4M | $29.9M | $15.2M | $1.7M | $7.5M | $49.1M | $11.8M |
| Net income | $43.8M | $36.0M | -$40.9M | -$128.4M | -$71.4M | — | — | $77.5M | — | — |
| EPS, basic | 0.96 | 0.72 | -0.81 | -0.26 | -0.14 | -0.01 | 0.07 | 0.16 | -0.24 | 0.03 |
| EPS, diluted | 0.94 | 0.71 | -0.81 | -0.26 | -0.14 | -0.01 | 0.07 | 0.15 | -0.24 | 0.03 |
| Shares, diluted (wtd. avg.) | 46.5M | 50.7M | 50.6M | 503.0M | 502.8M | 498.2M | 517.9M | 513.6M | 430.6M | 414.8M |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $303.7M | $416.4M | $364.0M | $321.2M | $428.1M | $812.7M | $390.6M | $338.8M | $221.5M | $36.4M |
| Short-term investments | — | — | — | $0 | $0 | $50.0M | — | $24.9M | — | — |
| Receivables | $33.1M | $36.7M | $51.1M | $72.0M | $86.3M | $43.1M | $41.7M | $27.3M | $28.1M | $18.7M |
| Total current assets | $366.4M | $495.1M | $487.2M | $484.2M | $585.0M | $977.8M | $500.0M | $474.1M | $262.4M | $63.8M |
| Property, plant and equipment | $99.1M | $79.6M | $109.5M | $152.6M | $118.3M | $108.8M | $103.4M | $70.9M | $53.3M | $23.6M |
| Goodwill | $890.1M | $883.4M | $886.0M | $882.9M | $916.0M | $891.8M | $884.0M | $894.7M | $770.2M | $171.0M |
| Other intangibles | $167.1M | $167.7M | $170.8M | $178.1M | $193.8M | $209.7M | $251.7M | $304.3M | $328.6M | $10.8M |
| Total assets | $1.68B | $1.83B | $1.86B | $1.91B | $2.01B | $2.37B | $1.92B | $1.81B | $1.47B | $295.5M |
| Accounts payable | $34.0M | $18.3M | $29.5M | $30.4M | — | — | — | — | — | — |
| Short-term debt | — | — | — | — | — | $0 | $13.8M | $13.8M | $13.8M | $0 |
| Total current liabilities | $222.4M | $231.7M | $258.7M | $281.8M | $278.4M | $233.7M | $215.0M | $201.2M | $171.0M | $67.6M |
| Long-term debt | $497.7M | $496.8M | $496.0M | $495.3M | $494.6M | $712.3M | $231.9M | $245.0M | $258.3M | $0 |
| Retained earnings | -$150.9M | -$195.0M | -$231.0M | -$190.1M | -$61.6M | $9.7M | $16.0M | -$18.8M | -$121.8M | $0 |
| Total equity | $927.4M | $1.06B | $1.04B | $1.05B | $1.15B | $1.28B | $1.32B | $1.32B | $1.00B | $162.6M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $105.1M | $155.9M | $94.2M | $46.4M | $24.6M | $188.4M | $214.2M | $223.7M | $41.8M | $47.9M |
| Depreciation and amortisation | $45.3M | $86.1M | $93.6M | $77.5M | $59.0M | $52.6M | $39.9M | $24.3M | $14.5M | $8.4M |
| Stock-based compensation | $14.8M | $34.8M | $43.4M | $50.8M | $28.2M | $83.6M | $68.3M | — | — | — |
| Capital expenditure | $59.6M | $50.5M | $47.8M | $115.5M | $69.9M | $52.5M | $68.8M | $47.0M | $26.8M | $16.7M |
| Investing cash flow | -$59.5M | -$50.4M | -$46.6M | -$115.3M | -$19.4M | -$104.0M | -$40.6M | -$57.6M | -$93.2M | -$32.3M |
| Financing cash flow | -$158.3M | -$53.8M | -$17.0M | -$17.2M | -$345.2M | $337.1M | -$121.5M | -$49.0M | $224.7M | $29.0M |
| Buybacks | $150.1M | $28.6M | $11.1M | $8.1M | $36.0M | $64.1M | $57.9M | — | — | — |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001104659-26-050416.
Plot the figures US dollars
- Revenue
- Gross profit
- Net income
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $498.9M | $736.4M | $1.13B | $1.33B | $1.47B | $1.62B | $1.76B | $1.36B | $1.19B | $1.03B |
| Gross profit | $473.0M | $702.3M | $1.08B | $1.28B | $1.29B | $1.34B | $1.43B | $1.30B | $1.13B | $983.1M |
| Net income | — | — | $77.5M | — | — | -$71.4M | -$128.4M | -$40.9M | $36.0M | $43.8M |
Recent filings and events
- Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
- Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
- Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
- Officer or director change Item 5.02
- Officer or director change Item 5.02
- Shareholder vote The results of the annual meeting or a special vote. Item 5.07
- Results announced Item 2.02
- Regulation FD disclosure Item 7.01
- Officer or director change Item 5.02
- Officer or director change Item 5.02
- Regulation FD disclosure Item 7.01
- Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.
Others in SIC 7310
| Ticker | Company | Market cap | P/E | Revenue growth |
|---|---|---|---|---|
| CCO | Clear Channel Outdoor Holdings, Inc. | $1.23B | 60.5x | 13.1% |
| IBTA | Ibotta, Inc. | $1.13B | 405.1x | -6.8% |
| MNTN | MNTN, Inc. | $715.6M | — | 28.6% |
| NCMI | National CineMedia, Inc. | $177.8M | — | 1.0% |
| FLNT | Fluent, Inc. | $86.9M | — | -18.0% |
| THRY | Thryv Holdings, Inc. | $52.9M | 119.0x | -4.7% |
| TZOO | TRAVELZOO | $51.7M | 12.4x | 9.3% |
| IZEA | IZEA Worldwide, Inc. | $39.9M | — | -12.9% |