Filing Flows › Angi (ANGI) › Q2 2026 › vs Q2 2025
Angi (ANGI) Q2 2026 vs Q2 2025 (year over year)
Angi's revenue fell $30.2M (-11%) from $278M in Q2 2025 to $248M in Q2 2026. The biggest changes: U.S. −$30.2M (-12%); International −$62K (-0.2%).
Angi, Q2 2026: revenue $248M (-11% year over year), operating margin -94.3%, net loss $231M, operating cash flow $27.2M. The chart draws each line against Q2 2025, the increases inside each band.
Margins
| Q2 2026 | Q2 2025 | Change | |
|---|---|---|---|
| Free cash flow margin | 4.9% | 16.1% | -11.2 pts |
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| U.S. | $215M | $246M | −$30.2M | -12% |
| International | $32.6M | $32.7M | −$62K | -0.2% |
| Revenue | $248M | $278M | −$30.2M | -11% |
| Other income, net | $2.2M | −$232K | $2.4M | — |
| Income tax benefit | $918K | −$6.5M | $7.5M | — |
| Net loss | $231M | −$10.9M | $242M | — |
| Costs & expenses | $482M | $278M | $204M | +73% |
| Operating costs | $482M | $261M | $221M | +85% |
| Cost of revenue | $11.7M | $13.1M | −$1.5M | -11% |
| Research & development | $10.9M | $23.6M | −$12.7M | -54% |
| Sales & marketing | $142M | $139M | $2.8M | +2% |
| General & admin | $59.9M | $74.1M | −$14.2M | -19% |
| Other operating costs | $257M | $10.3M | $247M | 25× |
| Operating cash sources | $258M | $46.2M | $212M | +458% |
| Depreciation | $21.0M | $10.3M | $10.8M | +105% |
| Share-based compensation | $5.0M | $5.1M | −$98K | -2% |
| Working capital & other | $232M | $30.9M | $201M | +651% |
| Net loss absorbed | $231M | −$10.9M | $242M | — |
| Operating cash flow | $27.2M | $57.1M | −$29.9M | -52% |
| Free cash flow (OCF − capex) | $12.2M | $44.9M | −$32.6M | -73% |
| Capital expenditures | $15.0M | $12.2M | $2.8M | +22% |
Questions
How much did Angi's revenue grow year over year in Q2 2026?
Angi's revenue fell $30.2M (-11%) from $278M in Q2 2025 to $248M in Q2 2026.
What drove Angi's revenue change in Q2 2026?
U.S.