Recent Updates — ANGI
Angi Inc. reported Q2 2026 results with revenue declining 11% to $248.0 million and a net loss of $230.7 million, driven by a $235.2 million non-cash goodwill and intangible asset impairment. Adjusted EBITDA fell 14% to $28.2 million as consumer marketing expenses rose despite workforce reductions. The company opportunistically repurchased $73.4 million in aggregate principal of its 2028 Senior Notes for $68.0 million in cash, recognizing a $5.6 million gain. On the governance front, director Jeremy Philips resigned effective August 4, 2026, and Michael Steib was appointed to the Board with a $250,000 RSU grant. CEO Jeffrey Kip received an amended Performance Stock Unit agreement removing stock price hurdles for two tranches to enhance retention. Angi Inc. operates in the digital home services marketplace industry.
Austin Kaplicer is resigning as Chief Accounting Officer and principal accounting officer, effective August 6, 2026. Scott Jakalow, currently Vice President, SEC Reporting, Technical Accounting and Revenue, will be promoted to Chief Accounting Officer, and CFO Julie Hoarau will also be designated as the Company's principal accounting officer effective the same date. Angi Inc. is a home services marketplace company.
On June 10, 2026, Angi Inc. stockholders approved the amendment and restatement of the 2017 Stock and Annual Incentive Plan. Key modifications include increasing the aggregate number of issuable Class A common stock shares by 2,400,000, adding minimum vesting requirements, implementing compensation limits for non-employee directors, and extending the plan's term to 2036. The meeting also resulted in the election of three Class II directors: Sandra Buchanan, Thomas C. Pickett Jr., and Glenn H. Schiffman. Additionally, stockholders ratified Ernst & Young LLP as the independent registered public accounting firm for the 2026 fiscal year. Angi Inc. is a technology company that provides a marketplace for home services.