Filing Flows › Angi (ANGI) › Q3 2026 › vs Q3 2025
Angi (ANGI) Q3 2026 vs Q3 2025 (year over year)
Angi's revenue fell $23.6M (-9%) from $266M in Q3 2025 to $242M in Q3 2026. The biggest changes: U.S. −$22.1M (-9%); International −$1.5M (-5%). Gross margin 95.6% against 95.3% (+0.3 pts).
Angi, Q3 2026: revenue $242M (-9% year over year), operating margin 6.4%, net earnings $1.3M, operating cash flow $28.5M. The chart draws each line against Q3 2025, the increases inside each band.
Margins
| Q3 2026 | Q3 2025 | Change | |
|---|---|---|---|
| Gross margin | 95.6% | 95.3% | +0.3 pts |
| Operating margin | 6.4% | 8.2% | -1.8 pts |
| Net margin | 0.6% | 4.0% | -3.4 pts |
| Free cash flow margin | 6.0% | 1.9% | +4.1 pts |
Every line
| Line | Q3 2026 | Q3 2025 | Change | % |
|---|---|---|---|---|
| U.S. | $211M | $233M | −$22.1M | -9% |
| International | $30.9M | $32.4M | −$1.5M | -5% |
| Revenue | $242M | $266M | −$23.6M | -9% |
| Gross profit | $231M | $253M | −$21.8M | -9% |
| Cost of revenue | $10.7M | $12.5M | −$1.8M | -15% |
| Operating profit | $15.5M | $21.8M | −$6.3M | -29% |
| Operating expenses | $216M | $231M | −$15.5M | -7% |
| Pre-tax earnings | $13.1M | $20.8M | −$7.7M | -37% |
| Other expense, net | $2.4M | $979K | $1.4M | +145% |
| Research & development | $9.3M | $20.7M | −$11.5M | -55% |
| Sales & marketing | $127M | $129M | −$2.3M | -2% |
| General & admin | $62.0M | $69.4M | −$7.4M | -11% |
| Other operating costs | $17.6M | $11.9M | $5.7M | +47% |
| Net earnings | $1.3M | $10.6M | −$9.3M | -87% |
| Income tax | $11.7M | $10.2M | $1.5M | +15% |
| Depreciation | $16.9M | $11.9M | $4.9M | +41% |
| Share-based compensation | $9.1M | $6.0M | $3.2M | +53% |
| Working capital & other | $1.2M | −$7.5M | $8.7M | — |
| Operating cash flow | $28.5M | $21.0M | $7.5M | +36% |
| Free Cash Flow (company-reported) | $14.4M | $5.0M | $9.4M | +189% |
| Capital expenditures | $14.1M | $16.0M | −$1.9M | -12% |
Questions
How much did Angi's revenue grow year over year in Q3 2026?
Angi's revenue fell $23.6M (-9%) from $266M in Q3 2025 to $242M in Q3 2026.
What drove Angi's revenue change in Q3 2026?
U.S.