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Angi (ANGI) Q2 2026 earnings results (second quarter 2026)

10-Q filed Aug 4, 2026

Angi (ANGI) reported revenue of $248M for the second quarter 2026 (Q2 2026), -11% from a year earlier and +4% from the quarter before. Operating margin was -94.3%, net loss $231M (93.0% of revenue).

Revenue$248M
Year over year-11%
Quarter over quarter+4%
Operating margin-94.3%
Net earnings−$231M

Angi, Q2 2026: revenue $248M (-11% year over year), operating margin -94.3%, net loss $231M, operating cash flow $27.2M. The chart follows the revenue to costs, profit and cash.

Q2 2026AmountQ/QY/Y
Revenue$248M+4%-11%
Operating profit−$234M—-1423%
Net earnings−$231M—-2217%
Operating cash flow$27.2M—-52%
Free cash flow$12.2M—-73%

What changed

Revenue was $248.0M in Q2 2026, down 11% year over year and up 4% from the previous quarter. U.S. was the largest line at 87% of revenue. U.S. lost $30.2M year over year (down 12%), 100% of the total change.

Gross margin was 95.3%, unchanged from Q2 2025. Operating costs exceeded revenue by $233.7M, an operating margin of -94.3%. Operating expenses grew 90% against a revenue fall of 11%. The fastest-growing cost line was Other operating costs (+2401%). The quarter ended with a net loss of $230.7M, wider than the previous quarter's $9.0M loss.

Operating cash flow was $27.2M (down 52% year over year). Non-cash charges added back $21.0M of depreciation and $5.0M of share-based compensation. Working capital and other items added $231.9M. Capital expenditures of $15.0M left free cash flow of $12.2M.

Questions

What was Angi's revenue in the second quarter 2026?

Angi (ANGI) reported revenue of $248M for the second quarter 2026 (Q2 2026), -11% from a year earlier and +4% from the quarter before.

Was Angi profitable in the second quarter 2026?

Operating loss was $234M (-94.3% of revenue) and net loss $231M.

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Source: Angi 10-Q on SEC EDGAR.