Angi Q2 FY26 turns to net loss of $230.7 million; revenue falls 11% to $248 million
Reuters2026/08/04 20:06Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Angi Q2 2026 revenue fell 11% to USD 248 million.
- Operating results swung to a USD 233.7 million loss, driven by USD 235.2 million of non-cash impairment charges.
- Net results turned to a USD 230.7 million loss, or USD 5.70 per share.
- Non-GAAP adjusted EBITDA slipped 14% to USD 28.2 million.
- Large Pro and National Partnership revenue rose 20%; a beta test of AI Front Desk launched in July to automate lead follow-up.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. ANGI Inc. published the original content used to generate this news brief on August 04, 2026, and is solely responsible for the information contained therein.
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