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CONSOLIDATED STATEMENT OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Revenue $ 278,221 $ 315,134 $ 524,134 $ 620,524
Cost of revenue (exclusive of depreciation shown separately below) 13,142 14,152 26,157 26,649
Gross profit 265,079 300,982 497,977 593,875
Operating costs and expenses:        
Selling and marketing expense 139,453 158,323 257,994 315,374
General and administrative expense 74,081 84,369 131,400 169,890
Product development expense 23,594 24,779 50,681 48,535
Depreciation 10,278 24,324 20,226 48,173
Total operating costs and expenses 247,406 291,795 460,301 581,972
Operating income 17,673 9,187 37,676 11,903
Interest expense (5,051) (5,041) (10,095) (10,079)
Other income, net 4,819 4,570 9,647 9,054
Earnings before income taxes 17,441 8,716 37,228 10,878
Income tax provision (6,544) (4,628) (11,225) (8,107)
Net earnings 10,897 4,088 26,003 2,771
Net earnings attributable to noncontrolling interests 0 (328) 0 (642)
Net earnings attributable to Angi Inc. shareholders $ 10,897 $ 3,760 $ 26,003 $ 2,129
Per share information attributable to Angi Inc. shareholders:        
Basic earnings per share (USD per share) $ 0.23 $ 0.07 $ 0.54 $ 0.04
Diluted earnings per share (USD per share) $ 0.23 $ 0.07 $ 0.53 $ 0.04
Stock-based compensation expense by function:        
Total stock-based compensation expense $ 5,054 $ 8,672 $ 2,767 $ 18,069
Selling and marketing expense        
Stock-based compensation expense by function:        
Total stock-based compensation expense 808 1,145 1,444 2,377
General and administrative expense        
Stock-based compensation expense by function:        
Total stock-based compensation expense 3,637 5,807 (3,210) 13,000
Product development expense        
Stock-based compensation expense by function:        
Total stock-based compensation expense $ 609 $ 1,720 $ 4,533 $ 2,692