IAC Inc. Files Q2 2024 10-Q Report
Ticker: IAC · Form: 10-Q · Filed: 2024-08-07T00:00:00.000Z
Sentiment: neutral
Topics: 10-Q, financials, reporting
TL;DR
IAC Q2 10-Q filed. Financials and ops details out.
AI Summary
IAC Inc. filed its 10-Q for the period ending June 30, 2024. The filing details financial performance and operational updates for the second quarter of 2024. Key financial figures and business segment information are presented, reflecting the company's ongoing activities and strategic positioning.
Why It Matters
This report provides investors and analysts with a detailed look at IAC Inc.'s financial health and operational performance during the second quarter of 2024, influencing investment decisions.
Risk Assessment
Risk Level: medium — The filing contains standard financial disclosures for a public company, but the inherent risks of the business and market conditions are not detailed here.
Key Numbers
- 20240630 — Reporting Period End Date (Indicates the end of the fiscal quarter for which financial information is reported.)
- 20240807 — Filing Date (The date the 10-Q report was officially submitted to the SEC.)
Key Players & Entities
- IAC Inc. (company) — Filer of the 10-Q report
- 20240630 (date) — End of the reporting period
- 20240807 (date) — Filing date of the report
- 555 WEST 18TH STREET (location) — Company's business and mailing address
- NEW YORK (location) — Company's city
- DE (location) — State of incorporation
FAQ
What is the primary business address of IAC Inc.?
The primary business address of IAC Inc. is 555 WEST 18TH STREET, NEW YORK, NY 10011.
What is the fiscal year end for IAC Inc.?
The fiscal year end for IAC Inc. is December 31 (1231).
What is the SEC file number for IAC Inc.?
The SEC file number for IAC Inc. is 001-39356.
What was the period of report for this 10-Q filing?
The conformed period of report for this 10-Q filing was 20240630.
When was this 10-Q filing made?
This 10-Q filing was made on 20240807.
From the Filing
0001800227-24-000039.txt : 20240807 0001800227-24-000039.hdr.sgml : 20240807 20240807160256 ACCESSION NUMBER: 0001800227-24-000039 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 78 CONFORMED PERIOD OF REPORT: 20240630 FILED AS OF DATE: 20240807 DATE AS OF CHANGE: 20240807 FILER: COMPANY DATA: COMPANY CONFORMED NAME: IAC Inc. CENTRAL INDEX KEY: 0001800227 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC. [7370] ORGANIZATION NAME: 06 Technology IRS NUMBER: 843727412 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 001-39356 FILM NUMBER: 241183492 BUSINESS ADDRESS: STREET 1: 555 WEST 18TH STREET CITY: NEW YORK STATE: NY ZIP: 10011 BUSINESS PHONE: (212) 314-7300 MAIL ADDRESS: STREET 1: 555 WEST 18TH STREET CITY: NEW YORK STATE: NY ZIP: 10011 FORMER COMPANY: FORMER CONFORMED NAME: IAC/InterActiveCorp DATE OF NAME CHANGE: 20200702 FORMER COMPANY: FORMER CONFORMED NAME: IAC Holdings, Inc. DATE OF NAME CHANGE: 20200115 10-Q 1 iaci-20240630.htm 10-Q iaci-20240630 0001800227 12/31 2024 Q2 false xbrli:shares iso4217:USD iso4217:USD xbrli:shares iaci:segment xbrli:pure iaci:investment iaci:plane 0001800227 2024-01-01 2024-06-30 0001800227 us-gaap:CommonClassAMember 2024-08-02 0001800227 us-gaap:CommonClassBMember 2024-08-02 0001800227 2024-06-30 0001800227 2023-12-31 0001800227 us-gaap:CommonClassAMember 2024-06-30 0001800227 us-gaap:CommonClassAMember 2023-12-31 0001800227 us-gaap:CommonClassBMember 2023-12-31 0001800227 us-gaap:CommonClassBMember 2024-06-30 0001800227 2024-04-01 2024-06-30 0001800227 2023-04-01 2023-06-30 0001800227 2023-01-01 2023-06-30 0001800227 us-gaap:CostOfSalesMember 2024-04-01 2024-06-30 0001800227 us-gaap:CostOfSalesMember 2023-04-01 2023-06-30 0001800227 us-gaap:CostOfSalesMember 2024-01-01 2024-06-30 0001800227 us-gaap:CostOfSalesMember 2023-01-01 2023-06-30 0001800227 us-gaap:SellingAndMarketingExpenseMember 2024-04-01 2024-06-30 0001800227 us-gaap:SellingAndMarketingExpenseMember 2023-04-01 2023-06-30 0001800227 us-gaap:SellingAndMarketingExpenseMember 2024-01-01 2024-06-30 0001800227 us-gaap:SellingAndMarketingExpenseMember 2023-01-01 2023-06-30 0001800227 us-gaap:GeneralAndAdministrativeExpenseMember 2024-04-01 2024-06-30 0001800227 us-gaap:GeneralAndAdministrativeExpenseMember 2023-04-01 2023-06-30 0001800227 us-gaap:GeneralAndAdministrativeExpenseMember 2024-01-01 2024-06-30 0001800227 us-gaap:GeneralAndAdministrativeExpenseMember 2023-01-01 2023-06-30 0001800227 us-gaap:ResearchAndDevelopmentExpenseMember 2024-04-01 2024-06-30 0001800227 us-gaap:ResearchAndDevelopmentExpenseMember 2023-04-01 2023-06-30 0001800227 us-gaap:ResearchAndDevelopmentExpenseMember 2024-01-01 2024-06-30 0001800227 us-gaap:ResearchAndDevelopmentExpenseMember 2023-01-01 2023-06-30 0001800227 us-gaap:CommonStockMember us-gaap:CommonClassAMember 2023-06-30 0001800227 us-gaap:CommonStockMember us-gaap:CommonClassAMember 2024-06-30 0001800227 us-gaap:CommonClassBMember us-gaap:CommonStockMember 2024-06-30 0001800227 us-gaap:CommonClassBMember us-gaap:CommonStockMember 2023-06-30 0001800227 iaci:RedeemableNoncontrollingInterestsMember 2024-03-31 0001800227 us-gaap:CommonStockMember us-gaap:CommonClassAMember 2024-03-31 0001800227 us-gaap:CommonClassBMember us-gaap:CommonStockMember 2024-03-31 0001800227 us-gaap:AdditionalPaidInCapitalMember 2024-03-31 0001800227 us-gaap:RetainedEarningsMember 2024-03-31 0001800227 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-03-31 0001800227 us-gaap:TreasuryStockCommonMember 2024-03-31 0001800227 us-gaap:ParentMember 2024-03-31 0001800227 us-gaap:NoncontrollingInterestMember 2024-03-31 0001800227 2024-03-31 0001800227 iaci:RedeemableNoncontrollingInterestsMember 2024-04-01 2024-06-30 0001800227 us-gaap:RetainedEarningsMember 2024-04-01 2024-06-30 0001800227 us-gaap:ParentMember 2024-04-01 2024-06-30 0001800227 us-gaap:NoncontrollingInterestMember 2024-04-01 2024-06-30 0001800227 u