Filing Flows › Angi (ANGI) › Q4 2025
Angi (ANGI) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Feb 20, 2026
Angi (ANGI) reported revenue of $241M for the fourth quarter 2025 (Q4 2025), -10% from a year earlier and -9% from the quarter before. Operating margin was 2.5%, net earnings $7.2M (3.0% of revenue).
Angi, Q4 2025: revenue $241M (-10% year over year), operating margin 2.5%, net earnings $7.2M, operating cash flow $30.1M. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $241M | -9% | -10% |
| Gross profit | $232M | -8% | -8% |
| Operating profit | $5.9M | -73% | +175% |
| Net earnings | $7.2M | -32% | — |
| Operating cash flow | $30.1M | +43% | -25% |
| Free cash flow | $11.4M | +130% | -58% |
What changed
Revenue was $240.8M in Q4 2025, down 10% year over year and down 9% from the previous quarter.
Gross margin was 96.3%, up 2.4 points from a year earlier. Operating profit was $5.9M, a 2.5% margin (up 1.7 points year over year). Operating expenses fell 9% while revenue fell 10%. The fastest-growing cost line was Other operating costs (+21%). Net earnings were $7.2M. The effective tax rate was -60.7%.
Operating cash flow was $30.1M (down 25% year over year), 416% of net earnings. Non-cash charges added back $13.2M of depreciation and $6.0M of share-based compensation. Working capital and other items added $3.7M. Capital expenditures of $18.7M left free cash flow of $11.4M.
Questions
What was Angi's revenue in the fourth quarter 2025?
Angi (ANGI) reported revenue of $241M for the fourth quarter 2025 (Q4 2025), -10% from a year earlier and -9% from the quarter before.
Was Angi profitable in the fourth quarter 2025?
Operating profit was $5.9M (2.5% of revenue) and net earnings $7.2M.
Source: Angi 10-K on SEC EDGAR.