olivlawolivlaw

olivLaw · US equity research

Angi Inc. ANGI

Services-Advertising · SIC 7310 · Vertical: Services-Advertising (SIC 7310)

6.84USD+21.28% · 1 dayClose 04 Nov 2026

Angi connects homeowners with vetted home professionals across more than 500 service categories, and its revenue is currently falling amid weaker demand and significant impairments. The company reported total revenue of 1030.5 million USD in fiscal 2025, and in the second quarter of 2026 it refocused investment on AI-driven products, which makes it a relevant case for online home-services platforms. In fiscal 2025 the United States accounted for 88% of revenue.

The AI analysis may be outdated: new filings came after its sources (see the «AI analysis» section).

At the close of 04 Nov 2026, Angi Inc. (ANGI) stock was 6.84 USD (+21.28% on the day), with beta 1.25, 52-week range 4.33–14.14 USD. Latest reported quarter (Q3 2026): revenue of 242.0 m USD (−8.9% YoY), net income of 1.3 m USD (−87.4% YoY), diluted EPS 0.03 USD.

Data as of · AI analysis dated · Source: SEC filings and closing prices, computed by olivLaw.

Market cap
unavailable
P/E (TTM)
unavailable
Diluted EPS TTM -5.72 · TTM to 30 Sept 2026
E/P (TTM)
-83.63%
TTM to 30 Sept 2026
Dividend yield
unavailable
Beta (2y)
1.25
Volatility (1y) 89%
52-week range
4.3314.14

Price history

Loading chart…

Technical reading

RSI (14)
62.1
strong (55–70)
Bollinger (20, 2)
5.68 – 6.87
in the upper half of the band · %B 0.98 · band width 18.9%
SMA 50 / 200
5.64 / 6.76
mixed trend
MACD (12, 26, 9)
0.11 / 0.16
MACD below signal

Indicators describe past prices; on their own they do not predict direction. On our history the RSI ≤ 40 filter added no return (see the signals methodology).

Performance

CompanyS&P 500vs S&P 500Vertical median
1 month+12.9%−1.1%+14.0 pp—
3 months+42.8%−0.5%+43.2 pp—
6 months+42.5%+4.4%+38.1 pp—
Year to date−47.1%+12.3%−59.4 pp—
1 year−46.9%+13.5%−60.4 pp−54.7%
3 years−59.0%+76.4%−135.5 pp−73.3%
5 years−93.7%+63.7%−157.4 pp—
Max drawdown (1y)
−69.4%
10 Dec 2025 → 12 Aug 2026
Max drawdown (5y)
−96.2%
16 Nov 2021 → 12 Aug 2026
Compound annual growth (5y)
−42.5%
S&P 500 +10.4%

Price returns, dividends excluded.

Quarterly results

Latest quarter: Q3 2026 · 30 Sept 2026

Revenue
242.0 m USD
−8.9% YoY
Net income
1.3 m USD
−87.4% YoY
Diluted EPS
0.03
−87.0% YoY
net / operating
0.6% / 6.4%

Quarterly margins

Quarterly statements · USD

Fiscal yearQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Revenue267.9 m245.9 m278.2 m265.6 m240.8 m238.2 m248.0 m242.0 m
Cost of revenue16.2 m13.0 m13.1 m12.5 m8.8 m9.7 m11.7 m10.7 m
Gross profit251.7 m232.9 m265.1 m253.2 m231.9 m228.5 m236.3 m231.4 m
Research & development22.5 m27.1 m23.6 m20.7 m15.9 m10.4 m10.9 m9.3 m
Operating income2.2 m20.0 m17.7 m21.8 m5.9 m-9.5 m-233.7 m15.5 m
Interest expense5.0 m5.0 m5.1 m5.1 m5.3 m5.3 m4.8 m4.3 m
Pre-tax income448.0 k19.8 m17.4 m20.8 m4.5 m-9.7 m-231.6 m13.1 m
Income tax1.7 m4.7 m6.5 m10.2 m-2.7 m-717.0 k-918.0 k11.7 m
Net income-1.3 m15.1 m10.9 m10.6 m7.2 m-9.0 m-230.7 m1.3 m
Diluted EPS-0.03 ≈0.300.230.230.17 ≈-0.22-5.700.03
Operating cash flow—-3.1 m57.1 m ≈21.0 m ≈—-17.9 m27.2 m ≈28.5 m ≈
Capex12.9 m12.6 m12.3 m ≈16.0 m ≈18.7 m15.7 m15.0 m ≈14.1 m ≈

≈ derived quarter (cumulative difference / share-days average)

E/P over time

E/P = trailing-12-month diluted EPS / price at quarter end. E/P is the inverse of P/E and stays defined when earnings are negative.

Fiscal years

Fiscal year20182019202020212022202320242025
Revenue1.1 bn1.3 bn1.5 bn1.6 bn1.8 bn1.4 bn1.2 bn1.0 bn
Revenue YoY+53.8%+17.1%+10.7%+10.3%+9.0%−23.0%−12.8%−13.0%
Net income77.5 munavailableunavailable-70.5 m-128.0 m-40.3 m36.8 m43.8 m
Net income YoYunavailableunavailableunavailableunavailableunavailableunavailableunavailable+19.0%
Diluted EPS0.150.07-0.01-0.14-0.26-0.810.710.94
Diluted EPS YoYunavailable−53.3%−114.3%unavailableunavailableunavailableunavailable+32.4%
net %6.8%unavailableunavailable-4.4%-7.3%-3.0%3.1%4.3%
Free cash flow176.7 m145.4 m135.9 m-63.7 m-88.4 munavailableunavailableunavailable

Reported results vs expectations

Loading…

Balance sheet & financial health

Fiscal year 2025 · 31 Dec 2025

Cash
303.7 m USD
Financial debt
497.7 m USD
Net debt
194.0 m USD
Equity
927.4 m USD
Total assets
1.7 bn USD
Debt / equity
0.54x
Current ratio
1.65x
ROE
4.4%
ROA
2.5%
FCF margin
unavailable

Financial statements (source on every figure)

Revenue and net income (USD)

Margins

Income statement · USD

Revenue
2023
1.4 bn
2024
1.2 bn
2025
1.0 bn

SEC (XBRL)· 20 Feb 2026verified

Cost of revenue
2023
62.5 m
2024
57.6 m
2025
47.4 m

SEC (XBRL)· 20 Feb 2026verified

Gross profit
2023
1.3 bn
2024
1.1 bn
2025
983.1 m

SEC (XBRL)· 20 Feb 2026verified

Research & development
2023
96.5 m
2024
95.4 m
2025
87.4 m

SEC (XBRL)· 20 Feb 2026verified

Operating income
2023
-26.5 m
2024
21.9 m
2025
65.4 m

SEC (XBRL)· 20 Feb 2026verified

Interest expense
2023
20.1 m
2024
20.2 m
2025
20.5 m

SEC (XBRL)· 20 Feb 2026verified

Pre-tax income
2023
-28.2 m
2024
20.1 m
2025
62.5 m

SEC (XBRL)· 20 Feb 2026verified

Income tax
2023
1.8 m
2024
-16.8 m
2025
18.7 m

SEC (XBRL)· 20 Feb 2026verified

Net income
2023
-40.3 m
2024
36.8 m
2025
43.8 m

SEC (XBRL)· 20 Feb 2026verified

Diluted EPS
2023
-0.81
2024
0.71
2025
0.94

SEC (XBRL)· 20 Feb 2026verified

Weighted average diluted shares
2023
50.6 m
2024
50.7 m
2025
46.5 m

SEC (XBRL)· 20 Feb 2026verified

Balance sheet · USD

Cash
2023
364.0 m
2024
416.4 m
2025
303.7 m

SEC (XBRL)· 20 Feb 2026verified

Receivables
2023
51.1 m
2024
36.7 m
2025
33.1 m

SEC (XBRL)· 20 Feb 2026verified

Current assets
2023
487.2 m
2024
495.1 m
2025
366.4 m

SEC (XBRL)· 20 Feb 2026verified

Property, plant & equipment, net
2023
109.5 m
2024
79.6 m
2025
99.1 m

SEC (XBRL)· 20 Feb 2026verified

Goodwill
2023
886.0 m
2024
883.4 m
2025
890.1 m

SEC (XBRL)· 20 Feb 2026verified

Intangibles (excl. goodwill)
2023
170.8 m
2024
167.7 m
2025
167.1 m

SEC (XBRL)· 20 Feb 2026verified

Total assets
2023
1.9 bn
2024
1.8 bn
2025
1.7 bn

SEC (XBRL)· 20 Feb 2026verified

Accounts payable
2023
29.5 m
2024
18.3 m
2025
34.0 m

SEC (XBRL)· 20 Feb 2026verified

Short-term debt
2023
—
2024
—
2025
—

SEC (XBRL)· 16 Feb 2021verified

Long-term debt
2023
496.0 m
2024
496.8 m
2025
497.7 m

SEC (XBRL)· 20 Feb 2026verified

Current liabilities
2023
258.7 m
2024
231.7 m
2025
222.4 m

SEC (XBRL)· 20 Feb 2026verified

Equity
2023
1.0 bn
2024
1.1 bn
2025
927.4 m

SEC (XBRL)· 20 Feb 2026verified

Cash flow · USD

Operating cash flow
2023
—
2024
—
2025
—

SEC (XBRL)· 01 Mar 2023verified

Capex
2023
47.8 m
2024
50.5 m
2025
59.6 m

SEC (XBRL)· 20 Feb 2026verified

Free cash flow
2023
—
2024
—
2025
—

SEC (XBRL)· 01 Mar 2023derived

Investing cash flow
2023
—
2024
—
2025
—

SEC (XBRL)· 01 Mar 2023verified

Financing cash flow
2023
-17.0 m
2024
-53.8 m
2025
-158.3 m

SEC (XBRL)· 20 Feb 2026verified

Computed indicators

Growth

Revenue growth (YoY)
-13.0%
computed by olivLawFY 2025
Revenue CAGR 3Y
-16.4%
computed by olivLawFY 2022 → FY 2025
Revenue CAGR 5Y
-6.8%
computed by olivLawFY 2020 → FY 2025
EBIT growth (YoY)
198.9%
computed by olivLawFY 2025
Net income growth (YoY)
19.0%
computed by olivLawFY 2025
Net income CAGR 3Y
unavailable
the base of the ratio is not positive
Net income CAGR 5Y
unavailable
input data missing
EPS growth (YoY)
32.4%
computed by olivLawFY 2025
EPS CAGR 3Y
unavailable
the base of the ratio is not positive
EPS CAGR 5Y
unavailable
the base of the ratio is not positive
FCF growth (YoY)
unavailable
input data missing

Profitability

Gross margin
95.8%
computed by olivLawTTM to 30 Sept 2026
EBITDA margin
unavailable
input data missing
EBIT margin
-22.9%
computed by olivLawTTM to 30 Sept 2026
Net margin
-23.8%
computed by olivLawTTM to 30 Sept 2026
FCF margin
unavailable
input data missing

Returns

ROE
-27.3%
computed by olivLawTTM to 30 Sept 2026 · balance sheet at 30 Sept 2026
ROA
-15.1%
computed by olivLawTTM to 30 Sept 2026 · balance sheet at 30 Sept 2026
ROIC
-18.2%
computed by olivLawTTM to 30 Sept 2026 · balance sheet at 30 Sept 2026
ROCE
-19.8%
computed by olivLawTTM to 30 Sept 2026 · balance sheet at 30 Sept 2026
Payout ratio (EPS)
unavailable
input data missing
Payout ratio (FCF)
unavailable
input data missing

Balance sheet

Net debt
196.1 m USD
computed by olivLawbalance sheet at 30 Sept 2026
Net debt / EBITDA
unavailable
input data missing
Debt / equity
0.6x
computed by olivLawbalance sheet at 30 Sept 2026
Interest coverage
-11.2x
computed by olivLawTTM to 30 Sept 2026

Liquidity

Current ratio
1.3x
computed by olivLawbalance sheet at 30 Sept 2026
Quick ratio
unavailable
input data missing
Cash ratio
1.0x
computed by olivLawbalance sheet at 30 Sept 2026

Cash

Operating cash flow
unavailable
input data missing
Capital expenditure
63.6 m USD
computed by olivLawTTM to 30 Sept 2026
Free cash flow
unavailable
input data missing
FCF conversion
unavailable
input data missing
Cash conversion
unavailable
input data missing

Efficiency

Days sales outstanding
14 days
computed by olivLawTTM to 30 Sept 2026 · balance sheet at 30 Sept 2026
Days inventory outstanding
unavailable
input data missing
Days payables outstanding
351 days
computed by olivLawTTM to 30 Sept 2026 · balance sheet at 30 Sept 2026
Cash conversion cycle
unavailable
input data missing

Market and valuation

Market capitalisation
unavailable
input data missing
Enterprise value
unavailable
input data missing
Market cap / net income TTM
unavailable
input data missing
P/E (TTM)
unavailable
insufficient data
Earnings yield
-83.6%
computed by olivLawTTM to 30 Sept 2026
P/B
unavailable
input data missing
P/S
unavailable
input data missing
EV/EBITDA
unavailable
input data missing
EV/EBIT
unavailable
input data missing
EV/Sales
unavailable
input data missing
P/FCF
unavailable
input data missing
FCF yield
unavailable
input data missing
Dividend yield
unavailable
input data missing
Shareholder yield (distributions)
unavailable
input data missing

1 indicators that do not apply to the sector.

Valuation

olivLaw classification

Insufficient data
What is missing
  • indicators available: 5 of at least 6
  • score weight coverage: 35.4% of at least 60%
  • valuation methods computed: 0 of at least 1

A scoring methodology on indicators and valuation, not investment advice.

Closing price

6.84 USD

04 Nov 2026Source: olivLaw, closing series

Market cap: unavailable

Key indicators

Market capitalisation
unavailable
input data missing
P/E (TTM)
unavailable
insufficient data
P/B
unavailable
input data missing
EV/EBITDA
unavailable
input data missing
ROE
-27.3%
computed by olivLawTTM to 30 Sept 2026 · balance sheet at 30 Sept 2026
Net margin
-23.8%
computed by olivLawTTM to 30 Sept 2026
Revenue growth (YoY)
-13.0%
computed by olivLawFY 2025
Dividend yield
unavailable
input data missing

Coverage and freshness

28/37 reporting lines present
Latest full fiscal year: 2025
Latest reported period: 30 Sept 2026
Latest balance sheet date: 30 Sept 2026
Source: SEC (XBRL)published 03 Nov 2026
verified 1368derived 90

Score by group

35% · Insufficient data

Estimated value range

unavailable — no valuation method could be computed

Valuation assumptions are editorial choices, not measured; beta is not measured.

Valuation methods

  • DCF (discounted cash flow)unavailable · the input exists, but its latest figure is far older than the latest reported period: not used
  • Peers: EV/EBITDAunavailable · input data missing
  • Peers: P/Eunavailable · the base of the ratio is not positive
  • Dividend discount (DDM)unavailable · the company pays no dividend: a dividend model needs an explicit initiation assumption

no valuation method could be computed

Multiple comparisons use the SIC vertical: Services-Advertising (SIC 7310)

Classification (SIC) comparables group by industry code, not by economic activity; the direct group is an editorial selection by activity. Members' multiples are on their own trailing twelve months, at their own latest close.

Assumptions (illustrative, editorial)

Risk-free rate
4.3%
Equity risk premium
5.0%
Beta (default)
1.00
Cost of equity
9.3%
Terminal growth
2.5%

Factor scorecard

Insufficient data

Minimum-evidence gate: indicators available: 5 of at least 6; score weight coverage: 35.4% of at least 60%; valuation methods computed: 0 of at least 1

FactorValueScoreWeight used
ROIC · Quality-18.2%60 (vs peers)29%
Net margin · Quality-23.8%23 (vs peers)18%
FCF conversion · Qualityunavailableunavailable—
Revenue CAGR 3Y · Growth-16.4%0 (on a fixed band)24%
EPS CAGR 3Y · Growthunavailableunavailable—
Net debt / EBITDA · Balance sheetunavailableunavailable—
Interest coverage · Balance sheet-11.2x0 (on a fixed band)18%
Current ratio · Balance sheet1.3x42 (on a fixed band)12%
P/E (TTM) · Valuationunavailableunavailable—
EV/EBITDA · Valuationunavailableunavailable—
FCF yield · Valuationunavailableunavailable—
Shareholder yield (distributions) · Returnsunavailableunavailable—
Payout ratio (FCF) · Returnsunavailableunavailable—

Factors without a value were dropped; the remaining weights were renormalised.

Score groups

  • Balance sheet17/100 · 2/3 factors with a value
  • Growth· partial0/100 · 1/2 factors with a value
  • Quality46/100 · 2/3 factors with a value
  • Returns· partialunavailable · 0/2 factors with a value
  • Valuation· partialunavailable · 0/3 factors with a value

A «partial» group is computed from under half of its weight or from one factor: it is not a full assessment of the group.

Memo

Angi Inc. (ANGI). Latest full fiscal year: 2025; data up to 2026-09-30.

Figures computed from the financial statements: revenue 1.0 bn USD in 2025; YoY growth -13.0%; net margin -23.8%; ROE -27.3%.

Valuation cannot be computed from the available data.

Insufficient data for a verdict (indicators available: 5 of at least 6; score weight coverage: 35.4% of at least 60%; valuation methods computed: 0 of at least 1).

Text generated deterministically from the figures shown; no language model. Not investment advice.

What supports the thesis

No signal among the computed factors. That is not an absence of risk: factors without data were not assessed, and business risks (margins, inventory, demand) are in the source-based analysis.

What contradicts it

  • Net margin: -23.8%
  • Revenue CAGR 3Y: -16.4%
  • Interest coverage: -11.2x

Not assessed (insufficient data or a ratio without meaning): FCF conversion, EPS CAGR 3Y, Net debt / EBITDA, P/E (TTM), EV/EBITDA, FCF yield, Shareholder yield (distributions), Payout ratio (FCF).

Versus the vertical median

Services-Advertising (SIC 7310) · same industry (4-digit SIC) · compared with 13 companies

Multiples and returns vs the median

P/E
—
vertical median —
EV/EBITDA
—
vertical median —
P/S
—
vertical median 0.5x
P/B
—
vertical median 0.5x
ROE
-27.3%
vertical median -39.9%
above median
Net margin
-23.8%
vertical median -8.6%
below median
EBIT margin
-22.9%
vertical median -7.3%
below median
Revenue YoY
-13.0%
vertical median 4.7%
below median (−375.9%)
Net debt/EBITDA
—
vertical median —
Dividend yield
—
vertical median —

Price rebased to 100 (monthly, 5 years)

Companies in the vertical

Market capP/EROENet marginRevenue YoY1A / 3A
CCOClear Channel Outdoor Holdings, Inc.1.2 bn——-6.3%+6.6%unavailable / unavailable
MNTNMNTN, Inc.170.5 m13.919.7%18.0%+28.6%−24% / unavailable
EDHLEverbright Digital Holding Ltd.161.3 m—-70.8%-120.6%−32.6%−56% / unavailable
NCMINational Cinemedia, Inc.147.7 m—-2.2%-3.1%unavailable−64% / −61%
FLNTFluent, Inc.107.1 m—-170.5%-11.5%−18.0%+90% / +9%
THRYThryv Holdings, Inc.57.8 m—-7.6%-2.3%−4.7%−77% / −93%
TZOOTravelzoo54.5 m191.4—0.5%+9.3%−25% / −47%
IZEAIZEA Worldwide, Inc.40.8 m—-5.1%-9.4%−12.9%−53% / −3%
TNMGTNL Mediagene8.2 m—-155.9%-175.3%+35.3%−93% / −100%
INUVInuvo, Inc.7.3 m—-43.9%-8.6%+2.9%−85% / −85%
PSQHPSQ Holdings, Inc.6.5 m—-269.3%-132.7%+81.1%−90% / −98%
STFSStar Fashion Culture Holdings Limited6.3 m—-39.9%-13.7%+83.7%−8% / unavailable
ANGIAngi Inc.——-27.3%-23.8%−13.0%−47% / −59%
IBTAIbotta, Inc.0—-5.7%-4.5%−6.8%+164% / unavailable

1- and 3-year price returns: for ANGI from daily closes (the same as the performance table), for the other companies from month-end closes.

olivLaw engine forecast

The world engine ran after the company's latest material disclosure. Probabilities are of TOUCHING a level within the horizon (not closing there) and sit next to the random walk (p_rw), the no-information benchmark.

The engine has no published run for this company yet.

Valuation scenarios (editable assumptions)

Illustrative scenarios

Scenarios are not available. input data missing

AI analysis

AI-generatedAI-generated analysis (Claude) from cited public sources; it may contain errors. Not investment advice. As of 27 Oct 2026 · Model: claude-haiku-5-5.

Possibly outdated: the newest document it read is from 04 Aug 2026; since then the company filed 8-K (03 Nov 2026 · results), 10-Q (03 Nov 2026).

In brief

Angi connects homeowners with vetted home professionals across more than 500 service categories, and its revenue is currently falling amid weaker demand and significant impairments. The company reported total revenue of 1030.5 million USD in fiscal 2025, and in the second quarter of 2026 it refocused investment on AI-driven products, which makes it a relevant case for online home-services platforms. In fiscal 2025 the United States accounted for 88% of revenue 1.

SWOT

Strengths

  • The company has a large network of vetted professionals and a very high gross margin, which gives it financial flexibility 1.
  • Well-known brands and a high volume of service requests give it a solid base for new products 1.
  • Growth in large Pro and national partnership revenue shows that some segments remain dynamic 3.

Weaknesses

  • Revenue has declined in recent periods, and the loss of the Network channel has hit the U.S. segment hard 1.
  • The company relies on search traffic and costly advertising, which makes marketing costs hard to control 1.
  • Large goodwill and intangible impairments led to an operating loss in the second quarter of 2026 3.

Opportunities

  • If the migration of home services online continues, the company could capture more clients from offline channels 1.
  • AI-based products such as Pro agents could raise efficiency and revenue if the tests succeed 3.
  • Reducing debt through note repurchases could strengthen the capital structure if operations recover 3.

Threats

  • Changes to search engine algorithms or the spread of AI could reduce organic traffic to the platforms 1.
  • Subscription laws, digital taxes and platform liability rules could raise costs or reduce revenue 1.
  • Weak consumer demand in a difficult economy could prolong the revenue decline 3.

Risks

  • Dependence on marketing channelshigh

    Angi relies on paid advertising and search engine traffic, and changes in those providers' policies could raise costs or reduce visibility 1.

  • Goodwill impairmenthigh

    Impairments in 2026 show that asset values can be written down if performance does not improve 3.

  • Lower demandmedium

    Reduced Pro spending and a shift in consumer demand toward cheaper categories could weigh on lead and subscription revenue 3.

  • Regulation and worker classificationmedium

    Laws on worker classification and automatic subscription renewal could force changes to the business model 1.

  • Debt and liquiditylow

    The company has outstanding senior notes and a revolving facility; repurchases have reduced debt, but cash pressure remains a watch point 23.

Investment thesis

What would need to be true (bull case)

  • If the online migration of services continues and AI tests succeed, the company could regain growth from its own channels.
  • A very high gross margin and lower personnel costs could support profitability even with lower revenue.
  • Consistent growth in the large-Pro and national partnership segment shows demand for higher-value services.

What would break the thesis

  • If revenue keeps falling, further impairments and operating losses could return and limit investment capacity.
  • Dependence on search engines and costly advertising could keep marketing a hard cost to reduce.
  • If subscription or digital tax rules tighten, the revenue model could be significantly affected.

What to watch

  • Trend in revenue and Adjusted EBITDA after the Q2 2026 declineQ3 2026
  • Results of the AI Front Desk test and rollout of further agents in the Pro Chief Revenue Officer suite2026
  • Trend in the number of U.S. Average Monthly Active ProsQ3 2026

Products, market & competition

AI-generatedAI-generated analysis (Claude) from cited public sources; it may contain errors. Not investment advice. As of 27 Oct 2026 · Model: claude-haiku-5-5.

Possibly outdated: the newest document it read is from 04 Aug 2026; since then the company filed 8-K (03 Nov 2026 · results), 10-Q (03 Nov 2026).

The business

Angi Inc. runs a digital platform that matches consumers with independent professionals, called Pros, for repair, remodeling, cleaning and landscaping work 1. Revenue comes mainly from fees Pros pay for consumer matches (lead revenue), advertising, membership subscriptions and services delivered through pre-priced offerings 1. The company was formed in 2017 by combining IAC's HomeAdvisor business with Angie's List and separated from IAC through a special dividend on March 31, 2025 1.

The company has operated as an independent public company since the end of March 2025, when IAC transferred its shares by special dividend 1. Its brands are Angi, Angie's List, HomeAdvisor and Handy, and outside the United States it runs platforms in Canada, the United Kingdom, Germany, France and the Netherlands 1.

In 2026 management reorganized the company around an AI-first platform, and on August 4, 2026 it said an AI Front Desk agent had entered beta testing to automate Pro lead follow-up and appointment scheduling 3. Near-term results remain under pressure, but the company says it has reduced personnel and marketing costs.

Market context

Market relevance also depends on how consumers search: search engines bring a significant share of traffic, and changes to their algorithms or the growth of AI could alter that channel 1. The company says lower Pro spending and weaker demand for higher-consideration categories weighed on revenue in 2026 3.

Trends

  • Migration of home services onlinetailwind

    The company says the market is still dominated by offline search, and a full shift to digital platforms could support growth if it advances 1.

  • Slower consumer and Pro spendingheadwind

    Management attributes the decline in Q2 2026 revenue to macroeconomic conditions and weaker demand for costlier categories, which could continue if those conditions persist 3.

  • Artificial intelligence in search and productsmixed

    AI could reduce search traffic or the need for intermediaries, but it could also open new products for professionals 13.

  • Regulation of platforms and subscriptionsheadwind

    Digital services taxes, automatic renewal rules and the Digital Services Act could raise compliance costs or affect subscription revenue 1.

Competitive position

Angi competes with search engines, online directories, other local services platforms, providers of ratings and reviews, and traditional offline advertising 1. The company says its biggest competitor remains word-of-mouth and referrals, which consumers still use heavily 1.

Home improvement retailers that offer installation services also compete, particularly in categories requiring installation 1. Its ability to compete depends on brand awareness, the quality of its Pro network and the cost of attracting traffic 1.

  • Search engines and online directories

    Compete for consumer attention when people search for professionals and can change the visibility of Angi platforms 1.

  • Local home-services platforms

    Compete directly for consumers and professionals in the same service categories 1.

  • Ratings and review providers

    Offer consumers tools to evaluate professionals, overlapping with Angi services 1.

  • Home improvement retailers

    Compete in categories where they also offer installation services, locally and nationally 1.

News & filings

In the press

The latest news item in our archive is from 30 Jul 2026; the newest SEC filing is from 03 Nov 2026. The press archive comes from the RSS feeds we follow and does not necessarily cover the latest event — the filings alongside do.

SEC filings

  • Quarterly report03 Nov 2026
  • Current report03 Nov 2026
    Results of operations · Regulation FD disclosure · Financial statements and exhibits
  • Current report23 Sept 2026
    Departure or appointment of officers · Regulation FD disclosure · Financial statements and exhibits
  • Quarterly report04 Aug 2026
  • Current report04 Aug 2026
    Results of operations · Departure or appointment of officers · Regulation FD disclosure · Financial statements and exhibits
  • Current report09 Jul 2026
    Departure or appointment of officers · Financial statements and exhibits
  • Current report12 Jun 2026
    Departure or appointment of officers · Shareholder vote · Financial statements and exhibits
  • Quarterly report05 May 2026
  • Current report05 May 2026
    Results of operations · Regulation FD disclosure · Financial statements and exhibits
  • Proxy statement28 Apr 2026

Sources

  1. [1] Form 10-K, fiscal year ended 2025-12-31 · SEC / Angi Inc. · 20 Feb 2026
  2. [2] Form 10-Q, quarter ended 2026-06-30 · SEC / Angi Inc. · 04 Aug 2026
  3. [3] Form 8-K, results release (exhibit 99.1) · SEC / Angi Inc. · 04 Aug 2026

Figures computed by olivLaw from SEC filings and closing prices; the qualitative analysis is AI-generated from cited sources. Not investment advice.