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Get filing alertsrevenue $436.7M, net income $506.9M. People Inc. (fka IAC) proposes MGM buyout, sells Care.com, shuts Search segment
Filed August 3, 2026 · Period ending June 30, 2026 · Compared to 10-Q Aug 4, 2025 · ~1 min read
Key Changes
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Sold Care.com March 2026 for net proceeds; Google non-renewal forced Search segment shutdown April 30, 2026 (Search generated revenue in H1 2025).
MD&A: Divestitures & Discontinued Operations verify on EDGAR → -
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Net income to common surged 139.7% to $506.9M (prior ) while operating loss widened (prior ); net income exceeds operating income
MD&A: Operating Results & Equity Investments verify on EDGAR → -
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Filed antitrust suit vs Google Aug 2025 alleging ad-tech monopolization; Oct 2025 court ruling precludes Google from relitigating key liability findings, strengthening case for treble damages.
Legal Proceedings verify on EDGAR →
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Figures/quotes linked to EDGAR · Narrative written by AI · Aug 4, 2026 · How we verify