“Interest expense Three Months Ended March 31, 2026 2025 2026 Change $ Change % Change (Dollars in thousands) Interest expense $ (25,858) $ (28,314) $ 2,456 9% Interest expense in 2026 decreased from 2025 due primarily to both decreases in the amount of debt o…”10-Q · May 4, 2026 ↗
IAC
IAC
Market read
IAC's current read is isolated; its market group is not confirming.
No new filing conclusion is available. 0 of 13 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 3 directly disclosed connections are confirming.
- Monitor interest expense changes tied to Term Loans: 2026 interest expense fell vs 2025 due to lower debt outstanding and lower Term Loan rates.
- Monitor severance and prepaid vendor contract write-offs tied to the anticipated shutdown of the Search segment (severance $5.4M; prepaid vendor write-off $1.4M).
Invalidation: The isolated read changes if IAC's group or a disclosed connection begins moving with it.
Research brief
The story so far
No new filing conclusion is available. 0 of 13 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 3 directly disclosed connections are confirming.
No thresholded supportive filing evidence is available yet.
No thresholded adverse filing evidence is available yet.
- Monitor interest expense changes tied to Term Loans: 2026 interest expense fell vs 2025 due to lower debt outstanding and lower Term Loan rates.
- Monitor severance and prepaid vendor contract write-offs tied to the anticipated shutdown of the Search segment (severance $5.4M; prepaid vendor write-off $1.4M).
Company research
Understand the business, not just the ticker
Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.
- Which operating variable is changing?
- Is that change durable, cyclical or one-off?
- What evidence would disprove the current interpretation?
- Net margin changed +16.2 percentage points in the latest annual period.
- Macroeconomic conditions has repeated favorable evidence across 3 filings.
- Latest annual revenue changed -8.7% year over year.
- Operating margin changed -3.0 percentage points in the latest annual period.
- Credit and interest rates has repeated adverse evidence across 4 filings.
- Restructuring and cost reductions has repeated adverse evidence across 4 filings.
No credible peer-relative valuation comparison is available yet.
Price as of Jul 17, 2026
44.53Reported annual revenue and per-share history. This is accounting history, not a forecast.
What management says matters
Persistent and emerging business drivers
“Search Adjusted EBITDA decreased $11.3 million to a loss of $8.3 million due primarily to lower revenue, an increase in compensation expense due primarily to severance and related expenses of $5.4 million and the write-off of $1.4 million related to certain p…”10-Q · May 4, 2026 ↗
“The People Inc.”10-Q · May 4, 2026 ↗
“This is due to the concentration of spending by advertisers, which drives higher advertising revenue, and consumer spending, which drives higher performance marketing revenue, during the year-end holiday selling season at People Inc.”10-Q · May 4, 2026 ↗
Valuation discipline
Descriptive valuation snapshot
Price/sales 1.5× · EV/sales 1.7×. Comparisons use only industry-matched filing peers.
Mechanical 2.0-year scenarios are available as editable assumptions, not consensus.
Price action
How the market is pricing the story
Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 3 Jun, 15:55 GMT-4; this is a coverage limitation, not a flat-price conclusion.
Developments
No sourced recent-development timeline yet
Jodie has not returned a relevant primary source or news item for IAC. This is an evidence-coverage gap, not a conclusion that nothing material happened.
Business and financial condition
Reported financial figures are not available yet
Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.
Filing analysis
No comparable filing assessment is available yet
Jodie has not yet found a suitable current-versus-prior filing comparison for IAC. This does not mean the latest filing was neutral or immaterial.
Business ecosystem
The relationships behind IAC
Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.
Depends on
MGMMGM Resorts InternationalpartnerFeb 20, 2026 ▾
“Business OVERVIEW Who We Are IAC today is comprised of category leading businesses, including People Inc.”
MGMMGM Resorts InternationalinvesteeFeb 20, 2026 ▾
“Financial Statements and Supplementary Data .” 61 Quantitative and Qualitative Disclosures About Market Risk Equity Price Risk At December 31, 2025, the Company owns 65.8 million common shares of MGM Resorts International (“MGM”), which represents approximate…”
JPMJPMorgan Chase & Co.lenderFeb 20, 2026 ▾
“10.4 Credit Agreement, dated as of December 1, 2021, by and among Dotdash Meredith, Inc., as Borrower, the lenders party thereto, JPMorgan Chase Bank, N.A., as administrative agent, and the other parties thereto.”
Filing peers
Companies whose filings use similar operating language.
Open the three relationships above to see Jodie’s filing proof. Pro unlocks 3 more links, every receipt, and alerts when connected names begin moving. Unlock the full network →
What is moving around it
Live connections
IAC is currently a Participant in the organic co-movement group Consumer Tech Services. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 3 filing-linked names are in the relationship map; none is currently confirmed as moving with the group.
This group is retained as the last observed read for IAC; it is not active in the latest market snapshot.
Context history
Theme membership history
No durable theme membership has been observed for this name yet.