NASDAQ$IAC

IAC Inc · Q4 2020 earnings

Q4 2020 earnings · · Investor relations

Briefing

IAC reported Q4 2020 results with revenue increasing by 27% to $849 million.

IAC's Q4 2020 results showed strong revenue growth, increasing 27% to $849 million. The company continues to focus on building and acquiring new products and brands, with operations including Vimeo, Dotdash, and Care.com, and majority ownership of ANGI Homeservices.

  • Q4 revenue increased 27% to $849 million.
  • The company recorded an income tax provision of $48.0 million in Q4 2020.
  • Free Cash Flow decreased $60.9 million to $93.0 million for the twelve months ended December 31, 2020.
  • ANGI Homeservices repurchased 1.2 million Class A common shares between November 6, 2020 and February 2, 2021.

Headline financials

Total Revenue

$849M

Previous: $1.22B-30.3%
EPS (adj)

$5.59

Previous: $1.08+417.6%
Capital Expenditures

$19.9M

Previous: $24.3M-18.1%
Free Cash Flow

-$33.4M

Previous: $36.1M-192.4%
Net Income

$480M

Previous: $415M+15.6%
Operating Income

$534M

Previous: $615M-13.2%
Gross Profit

$600M

Previous: $2.04B-70.6%
Cash & Equivalents

$2.4B

Previous: $838M+186.4%
Total Assets

$9.16B

Previous: $4.12B+122.6%
Stock-Based Comp

$189M

Previous: $130M+45.1%

Revenue & EPS history

IAC · Revenue · Quarterly

$849M

Q4 2020-30.3%vs Q4 2019
Beat estimate in 9 of 16 quarters(56%)
ActualEstimate

Revenue by segment

IAC · $282M total across 3 segments · Q3 2022

  • Search
    $167M
  • Care.com
    $76.3M
  • Emerging & Other
    $39M

Forward guidance

The IAC and ANGI Homeservices live webcast on February 4, 2021, may contain forward-looking statements regarding IAC’s future financial performance, business prospects and strategy, including the possibility of separating Vimeo from IAC, anticipated trends and prospects in the industries in which IAC’s businesses operate and other similar matters.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2020

Historical avgQ4 2020

+0.5%

Avg return

Earnings day

+1.2%

Avg return

5 days after

+1.1%

Avg return

30 days after

58%

37 / 64 earnings

Positive

+17.0%

Q2 2018

Best reaction

-16.8%

Q2 2023

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-7.2%-2.4%-6.4%
Q4 2025+2.9%-0.8%+2.9%
Q3 2025-1.7%+2.1%+11.1%
Q1 2025-3.6%+4.7%+2.6%
Q4 2024+5.8%+14.7%+8.7%
Q3 2024-9.9%-12.2%-13.5%
Q2 2024+7.7%+9.9%+14.4%
Q1 2024-1.2%-1.2%-10.2%
Q4 2023+9.0%+11.4%+0.1%
Q3 2023+1.3%+2.5%+8.4%
Q2 2023-16.8%-13.0%-20.0%
Q1 2023+10.9%+6.8%+8.2%
Q4 2022+3.6%+1.0%-2.4%
Q3 2022-4.5%+10.0%+2.3%
Q2 2022-5.9%-2.6%-17.6%
Q1 2022+2.5%+5.6%+14.5%
Q4 2021-8.2%-16.8%-21.4%
Q3 2021-5.3%-8.1%-17.1%
Q2 2021-0.9%-2.8%-2.0%
Q1 2021+3.7%+1.9%-1.1%
Q4 2020+1.2%+7.9%+1.0%
Q3 2020+6.6%+1.7%+11.0%
Q2 2020-9.1%-7.2%-5.3%
Q1 2020+3.5%+4.8%+24.3%
Q4 2019-3.8%-7.0%-22.0%
Q3 2019-0.6%-0.8%-2.7%
Q2 2019+10.1%+5.1%+5.0%
Q1 2019+2.6%+0.1%+1.1%
Q4 2018+4.4%+7.6%+0.5%
Q3 2018-5.5%-8.7%-9.1%
Q2 2018+17.0%+22.6%+29.1%
Q1 2018+3.3%+4.2%+14.0%
Q4 2017-5.1%-1.1%+13.3%
Q3 2017-2.9%-3.9%-3.7%
Q2 2017+7.0%+1.4%+8.0%
Q1 2017+1.6%+4.5%+12.1%
Q4 2016+5.9%+9.4%+7.4%
Q3 2016+0.8%+0.1%+1.0%
Q2 2016-4.9%-2.8%-5.4%
Q1 2016+12.2%
Q4 2015+3.0%
Q3 2015-0.6%
Q2 2015-1.2%
Q1 2015+2.7%
Q4 2014+1.9%
Q3 2014+0.1%
Q2 2014-5.2%
Q1 2014+0.4%
Q4 2013+2.5%
Q3 2013+3.5%
Q2 2013+1.0%
Q1 2013-0.9%
Q4 2012+0.5%
Q3 2012-0.3%
Q2 2012+1.2%
Q1 2012-0.3%
Q4 2011+3.2%
Q3 2011-3.7%
Q2 2011-6.0%
Q1 2011-0.2%
Q4 2010+0.4%
Q3 2010+0.2%
Q2 2010+0.9%
Q1 2010+0.2%

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