Filing Flows › Angi (ANGI) › Q1 2026
Angi (ANGI) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 5, 2026
Angi (ANGI) reported revenue of $238M for the first quarter 2026 (Q1 2026), -3% from a year earlier and -1% from the quarter before. Operating margin was -4.0%, net loss $9.0M (3.8% of revenue).
Angi, Q1 2026: revenue $238M (-3% year over year), operating margin -4.0%, net loss $9.0M, operating cash flow −$17.9M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $238M | -1% | -3% |
| Operating profit | −$9.5M | -259% | -147% |
| Net earnings | −$9.0M | -224% | -159% |
| Operating cash flow | −$17.9M | -160% | — |
What changed
Revenue was $238.2M in Q1 2026, down 3% year over year and down 1% from the previous quarter.
Gross margin was 95.9%, up 1.2 points from Q1 2025. Operating costs exceeded revenue by $9.5M, an operating margin of -4.0%. Operating expenses grew 12% against a revenue fall of 3%. The fastest-growing cost line was Other operating costs (+198%). The quarter ended with a net loss of $9.0M, after a profit of $7.2M the previous quarter.
Operating cash flow was −$17.9M. Non-cash charges added back $14.7M of depreciation and $2.8M of share-based compensation. Working capital and other items used $26.4M. Capital expenditures of $15.7M exceeded it, leaving free cash flow of −$33.6M.
Questions
What was Angi's revenue in the first quarter 2026?
Angi (ANGI) reported revenue of $238M for the first quarter 2026 (Q1 2026), -3% from a year earlier and -1% from the quarter before.
Was Angi profitable in the first quarter 2026?
Operating loss was $9.5M (-4.0% of revenue) and net loss $9.0M.
Source: Angi 10-Q on SEC EDGAR.