The table below shows IAC Inc.'s income statement line items across its last 6 fiscal years, exactly as reported in the company's audited annual filings. All figures are in US dollars; negative values appear in red.
Line item
FY 2025
FY 2024
FY 2023
FY 2022
FY 2021
FY 2020
Revenue
$2.39B
$2.62B
$4.37B
$5.24B
$3.70B
$2.76B
Cost of revenue
$809.76M
$1.00B
$1.22B
$1.50B
$1.30B
$726.14M
Gross profit
-
-
-
-
-
-
R&D
$196.02M
$228.33M
$237.95M
$244.21M
$230.81M
$185.34M
SG&A
IAC annual revenue (10-K history)
IAC Inc. reported annual revenue of $2.39B for fiscal year 2025. That is down 8.7% from $2.62B in fiscal 2024. Over the 9 fiscal years shown, annual revenue grew from $1.95B (FY 2017) to $2.39B. Figures come from the company's audited annual reports as filed with the SEC.
