Angi

Q2 FY2026 EarningsQ2 2026 results missed consensus on the top and bottom lines, primarily due to a significant $235.2 million non-cash impairment of goodwill and intangibles. Revenue of $248.0M fell 3.7% below the $257.6M consensus, reflecting an 11% YoY decline driven by macroeconomic headwinds and shifting homeowner demand. GAAP EPS was a massive miss at -$5.70 vs. the $0.11 expected. Despite top-line pressure, the company maintained a healthy Gross Margin of 95.3% and continued growth in Large Pro revenue, which rose 20% YoY.