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Angi (ANGI) Q3 2026 earnings results (third quarter 2026)

10-Q filed Nov 3, 2026

Angi (ANGI) reported revenue of $242M for the third quarter 2026 (Q3 2026), -9% from a year earlier and -2% from the quarter before. Operating margin was 6.4%, net earnings $1.3M (0.6% of revenue).

Revenue$242M
Year over year-9%
Quarter over quarter-2%
Operating margin6.4%
Net earnings$1.3M

Angi, Q3 2026: revenue $242M (-9% year over year), operating margin 6.4%, net earnings $1.3M, operating cash flow $28.5M. The chart follows the revenue to costs, profit and cash.

Q3 2026AmountQ/QY/Y
Revenue$242M-2%-9%
Gross profit$231M-2%-9%
Operating profit$15.5M—-29%
Net earnings$1.3M—-87%
Operating cash flow$28.5M+5%+36%
Free cash flow$14.4M—+189%

What changed

Revenue was $242.0M in Q3 2026, down 9% year over year and down 2% from the previous quarter. U.S. was the largest line at 87% of revenue. U.S. lost $22.1M year over year (down 9%), 94% of the total change.

Gross margin was 95.6%, up 0.3 points from Q3 2025. Operating profit was $15.5M, a 6.4% margin (down 1.8 points year over year). Operating expenses fell 7% while revenue fell 9%. The fastest-growing cost line was Other operating costs (+47%). Net earnings were $1.3M, down 87% year over year. The effective tax rate was 89.8%.

Operating cash flow was $28.5M (up 36% year over year), 2131% of net earnings. Non-cash charges added back $16.9M of depreciation and $9.1M of share-based compensation. After capital expenditures ($14.1M), free cash flow as the company reports it was $14.4M.

Questions

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

Angi (ANGI) reported revenue of $242M for the third quarter 2026 (Q3 2026), -9% from a year earlier and -2% from the quarter before.

Was Angi profitable in the third quarter 2026?

Operating profit was $15.5M (6.4% of revenue) and net earnings $1.3M.

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Source: Angi 10-Q on SEC EDGAR.