IAC/InterActiveCorp Q1 2026 Earnings Recap

IAC Q1 2026 May 8, 2026

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Shares dropped 6.5% as investors reacted negatively to signs of decelerating core web traffic and persistent challenges in sessions-based revenues, despite growth in off-platform audiences and nonsessions-based revenue streams.

Earnings Per Share Beat

$-0.05 vs $-0.34 est.

+85.3% surprise

Revenue Miss

422893000 vs 520272000 est.

-18.7% surprise

Market Reaction

1-Day +0.0%

5-Day -9.17%

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Key Takeaways

Core web sessions remained under pressure with continued declines in Google search traffic and open web traffic.
Off-platform audiences (Apple News, TikTok, Instagram, YouTube) grew 27% year-over-year, driving digital revenue growth.
Nonsessions-based revenue expanded 24% year-over-year and now represents 41% of digital revenue, up from 35% last year.
Sessions-based revenue held steady but remains a challenged segment within digital revenue streams.
Digital adjusted EBITDA margins improved to 20%, up from 18% a year ago, supported by diversified revenue and audience mix.

This summary was generated by AI from the official earnings call transcript and is provided for informational purposes only. It does not constitute financial advice. For the complete transcript and financial data, visit IAC on AllInvestView.

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