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Who We Are Angi Inc. connects quality home professionals ( Pros ) with consumers across more than 500 different categories, from repairing and remodeling homes to cleaning and landscaping. There were approximately 111,000 Average Monthly Active Pros (as defined below) during the three months ended December 31, 2025.
Operating margin is thin at 6.35%. Limited cushion if revenue slows or costs rise, not the profile of a wide-moat business.
Revenue declined 13.0% YoY. The question is whether this is cyclical or a structural shift.
Free cash flow declined 57% versus the prior year, cash generation momentum has weakened. Net debt of $232M represents 5.1x FCF, leverage limits flexibility.
Profitability & Returns
Revenue (TTM)
$1.02B
▼ -13.0% YoY
Net Income (TTM)
$20M
▲ +21.7% YoY
Op. Margin
3.51%
▲ +4.5pp YoY
ROIC
1.55%
▲ +2.0pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
$28M
▼ -56.9% YoY
Op. Cash Flow (TTM)
$90M
▼ -32.6% YoY
Net Debt
$227M
Cash & Equiv.
$245M
5Y CAGR: -6.8%
5Y CAGR: -19.7%
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