Angi (ANGI) 10-Q8 Aug 232023 Q2 Quarterly reportFinancial data

Company Profile

Cover Page

Cover Page - shares	6 Months Ended
Cover Page - shares	Jun. 30, 2023	Aug. 04, 2023
Document Information [Line Items]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Jun. 30, 2023
Current Fiscal Year End Date	--12-31
Document Transition Report	false
Entity File Number	001-38220
Entity Registrant Name	Angi Inc.
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	82-1204801
Entity Address, Address Line One	3601 Walnut Street
Entity Address, City or Town	Denver
Entity Address, State or Province	CO
Entity Address, Postal Zip Code	80205
City Area Code	303
Local Phone Number	963-7200
Title of 12(b) Security	Class A Common Stock, par value $0.001
Trading Symbol	ANGI
Security Exchange Name	NASDAQ
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Central Index Key	0001705110
Document Fiscal Year Focus	2023
Document Fiscal Period Focus	Q2
Amendment Flag	false
Class A Common Stock
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		84,264,278
Class B Common Stock
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		422,019,247

CONSOLIDATED BALANCE SHEET

CONSOLIDATED BALANCE SHEET - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022
ASSETS
Cash and cash equivalents	$ 370,579	$ 321,155
Accounts receivable, net	78,484	93,880
Other current assets	62,279	69,167
Total current assets	511,342	484,202
Capitalized software, leasehold improvements and equipment, net	129,670	153,855
Goodwill	885,893	882,949
Intangible assets, net	173,388	178,105
Deferred income taxes	148,850	145,460
Other non-current assets, net	53,075	63,207
TOTAL ASSETS	1,902,218	1,907,778
LIABILITIES:
Accounts payable	36,925	30,862
Deferred revenue	53,990	50,907
Accrued expenses and other current liabilities	212,493	200,015
Total current liabilities	303,408	281,784
Long-term debt, net	495,660	495,284
Deferred income taxes	3,014	2,906
Other long-term liabilities	58,252	76,426
Commitments and contingencies
SHAREHOLDERS’ EQUITY:
Additional paid-in capital	1,426,280	1,405,294
Accumulated deficit	(220,103)	(190,079)
Accumulated other comprehensive income (loss)	1,122	(1,172)
Treasury stock, 21,265 and 20,211 shares, respectively	(169,581)	(166,184)
Total Angi Inc. shareholders’ equity	1,038,245	1,048,384
Noncontrolling interests	3,639	2,994
Total shareholders’ equity	1,041,884	1,051,378
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY	1,902,218	1,907,778
Class A Common Stock
SHAREHOLDERS’ EQUITY:
Common stock, value	105	103
Class B Common Stock
SHAREHOLDERS’ EQUITY:
Common stock, value	422	422
Class C Common Stock
SHAREHOLDERS’ EQUITY:
Common stock, value	$ 0	$ 0

CONSOLIDATED BALANCE SHEET (Par

CONSOLIDATED BALANCE SHEET (Parenthetical) - $ / shares	Jun. 30, 2023	Dec. 31, 2022
Treasury stock (in shares)	21,265,000	20,211,000
Class A Common Stock
Common stock, par value (USD per share)	$ 0.001	$ 0.001
Common stock authorized (in shares)	2,000,000,000	2,000,000,000
Common stock issued (in shares)	105,273,000	102,810,000
Common stock outstanding (in shares)	84,008,000	82,599,000
Class B Common Stock
Common stock, par value (USD per share)	$ 0.001	$ 0.001
Common stock authorized (in shares)	1,500,000,000	1,500,000,000
Common stock issued (in shares)	422,019,000	422,019,000
Common stock outstanding (in shares)	422,019,000	422,019,000
Class C Common Stock
Common stock, par value (USD per share)	$ 0.001	$ 0.001
Common stock authorized (in shares)	1,500,000,000	1,500,000,000
Common stock issued (in shares)	0	0
Common stock outstanding (in shares)	0	0

CONSOLIDATED STATEMENT OF OPERA

CONSOLIDATED STATEMENT OF OPERATIONS - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Revenue	$ 375,068	$ 515,782	$ 767,475	$ 951,941
Cost of revenue (exclusive of depreciation shown separately below)	31,662	127,771	73,703	226,769
Gross profit	343,406	388,011	693,772	725,172
Operating costs and expenses:
Selling and marketing expense	212,713	251,159	417,622	476,960
General and administrative expense	96,985	119,626	199,503	229,281
Product development expense	25,549	20,954	50,861	38,813
Depreciation	22,179	13,354	47,614	27,353
Amortization of intangibles	2,663	3,804	5,325	7,608
Total operating costs and expenses	360,089	408,897	720,925	780,015
Operating loss	(16,683)	(20,886)	(27,153)	(54,843)
Interest expense	(5,034)	(5,026)	(10,063)	(10,048)
Other income (expense),net	5,188	(1,750)	8,999	(2,141)
Loss before income taxes	(16,529)	(27,662)	(28,217)	(67,032)
Income tax benefit (provision)	2,050	3,665	(1,262)	9,748
Net loss	(14,479)	(23,997)	(29,479)	(57,284)
Net earnings attributable to noncontrolling interests	(220)	(235)	(545)	(338)
Net loss attributable to Angi Inc. shareholders	$ (14,699)	$ (24,232)	$ (30,024)	$ (57,622)
Per share information attributable to Angi Inc. shareholders:
Basic loss per share (USD per share)	$ (0.03)	$ (0.05)	$ (0.06)	$ (0.11)
Diluted loss per share (USD per share)	$ (0.03)	$ (0.05)	$ (0.06)	$ (0.11)
Stock-based compensation expense by function:
Total stock-based compensation expense	$ 10,130	$ 13,417	$ 23,007	$ 26,402
Selling and marketing expense
Stock-based compensation expense by function:
Total stock-based compensation expense	1,484	1,891	2,764	3,130
General and administrative expense
Stock-based compensation expense by function:
Total stock-based compensation expense	6,236	8,662	15,134	18,297
Product development expense
Stock-based compensation expense by function:
Total stock-based compensation expense	$ 2,410	$ 2,864	$ 5,109	$ 4,975

CONSOLIDATED STATEMENT OF COMPR

CONSOLIDATED STATEMENT OF COMPREHENSIVE OPERATIONS - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Statement of Comprehensive Income [Abstract]
Net loss	$ (14,479)	$ (23,997)	$ (29,479)	$ (57,284)
Other comprehensive income (loss):
Change in foreign currency translation adjustment	1,916	(3,225)	2,418	(3,971)
Change in unrealized gains on available-for-sale marketable debt securities	(2)	0	0	0
Total other comprehensive income (loss)	1,914	(3,225)	2,418	(3,971)
Comprehensive loss	(12,565)	(27,222)	(27,061)	(61,255)
Components of comprehensive (income) loss attributable to noncontrolling interests:
Net earnings attributable to noncontrolling interests	(220)	(235)	(545)	(338)
Change in foreign currency translation adjustment attributable to noncontrolling interests	(81)	326	(124)	269
Comprehensive (income) loss attributable to noncontrolling interests	(301)	91	(669)	(69)
Comprehensive loss attributable to Angi Inc. shareholders	$ (12,866)	$ (27,131)	$ (27,730)	$ (61,324)

CONSOLIDATED STATEMENT OF SHARE

CONSOLIDATED STATEMENT OF SHAREHOLDERS' EQUITY - USD ($) shares in Thousands, $ in Thousands	Total	Total Angi Inc. Shareholders' Equity	Common Stock Class A Common Stock $0.001 Par Value	Common Stock Class B Convertible Common Stock $0.001 Par Value	Additional Paid-in Capital	Accumulated Deficit	Accumulated Other Comprehensive (Loss) Income	Treasury Stock	Noncontrolling Interests
Balance at beginning of period at Dec. 31, 2021	$ 1,145,527	$ 1,134,619	$ 100	$ 422	$ 1,350,457	$ (61,629)	$ 3,309	$ (158,040)	$ 10,908
Balance at beginning of period (in shares) at Dec. 31, 2021			99,745	422,019
Increase (Decrease) in Shareholders' Equity
Net (loss) earnings	(57,284)	(57,622)				(57,622)			338
Other comprehensive income (loss)	(3,971)	(3,702)					(3,702)		(269)
Stock-based compensation expense	27,667	27,667			27,667
Issuance of common stock pursuant to stock-based awards, net of withholding taxes	(3,923)	(3,923)	$ 1		(3,924)
Issuance of common stock pursuant to stock-based awards, net of withholding taxes (in shares)			1,152
Purchase of treasury stock	(8,144)	(8,144)						(8,144)
Balance at end of period at Jun. 30, 2022	1,099,872	1,088,895	$ 101	$ 422	1,374,200	(119,251)	(393)	(166,184)	10,977
Balance at end of period (in shares) at Jun. 30, 2022			100,897	422,019
Balance at beginning of period at Mar. 31, 2022	1,114,433	1,103,365	$ 100	$ 422	1,361,540	(95,019)	2,506	(166,184)	11,068
Balance at beginning of period (in shares) at Mar. 31, 2022			100,426	422,019
Increase (Decrease) in Shareholders' Equity
Net (loss) earnings	(23,997)	(24,232)				(24,232)			235
Other comprehensive income (loss)	(3,225)	(2,899)					(2,899)		(326)
Stock-based compensation expense	14,111	14,111			14,111
Issuance of common stock pursuant to stock-based awards, net of withholding taxes	(1,450)	(1,450)	$ 1		(1,451)
Issuance of common stock pursuant to stock-based awards, net of withholding taxes (in shares)			471
Balance at end of period at Jun. 30, 2022	1,099,872	1,088,895	$ 101	$ 422	1,374,200	(119,251)	(393)	(166,184)	10,977
Balance at end of period (in shares) at Jun. 30, 2022			100,897	422,019
Balance at beginning of period at Dec. 31, 2022	1,051,378	1,048,384	$ 103	$ 422	1,405,294	(190,079)	(1,172)	(166,184)	2,994
Balance at beginning of period (in shares) at Dec. 31, 2022			102,811	422,019
Increase (Decrease) in Shareholders' Equity
Net (loss) earnings	(29,479)	(30,024)				(30,024)			545
Other comprehensive income (loss)	2,418	2,294					2,294		124
Stock-based compensation expense	25,138	25,138			25,138
Issuance of common stock pursuant to stock-based awards, net of withholding taxes	(4,113)	(4,113)	$ 2		(4,115)
Issuance of common stock pursuant to stock-based awards, net of withholding taxes (in shares)			2,462
Purchase of treasury stock	(3,397)	(3,397)						(3,397)
Other	(61)	(37)			(37)				(24)
Balance at end of period at Jun. 30, 2023	1,041,884	1,038,245	$ 105	$ 422	1,426,280	(220,103)	1,122	(169,581)	3,639
Balance at end of period (in shares) at Jun. 30, 2023			105,273	422,019
Balance at beginning of period at Mar. 31, 2023	1,048,337	1,044,975	$ 104	$ 422	1,416,748	(205,404)	(711)	(166,184)	3,362
Balance at beginning of period (in shares) at Mar. 31, 2023			104,119	422,019
Increase (Decrease) in Shareholders' Equity
Net (loss) earnings	(14,479)	(14,699)				(14,699)			220
Other comprehensive income (loss)	1,914	1,833					1,833		81
Stock-based compensation expense	11,268	11,268			11,268
Issuance of common stock pursuant to stock-based awards, net of withholding taxes	(1,703)	(1,703)	$ 1		(1,704)
Issuance of common stock pursuant to stock-based awards, net of withholding taxes (in shares)			1,154
Purchase of treasury stock	(3,397)	(3,397)						(3,397)
Other	(56)	(32)			(32)				(24)
Balance at end of period at Jun. 30, 2023	$ 1,041,884	$ 1,038,245	$ 105	$ 422	$ 1,426,280	$ (220,103)	$ 1,122	$ (169,581)	$ 3,639
Balance at end of period (in shares) at Jun. 30, 2023			105,273	422,019

CONSOLIDATED STATEMENT OF SHA_2

CONSOLIDATED STATEMENT OF SHAREHOLDERS' EQUITY (Parenthetical) - $ / shares	Jun. 30, 2023	Jun. 30, 2022
Class A Common Stock $0.001 Par Value
Common stock, par value (USD per share)	$ 0.001
Class A Common Stock $0.001 Par Value \| Common Stock
Common stock, par value (USD per share)	0.001	$ 0.001
Class B Convertible Common Stock $0.001 Par Value
Common stock, par value (USD per share)	0.001
Class B Convertible Common Stock $0.001 Par Value \| Common Stock
Common stock, par value (USD per share)	0.001	0.001
Class C Common Stock $0.001 Par Value
Common stock, par value (USD per share)	0.001
Class C Common Stock $0.001 Par Value \| Common Stock
Common stock, par value (USD per share)	$ 0.001	$ 0.001

CONSOLIDATED STATEMENT OF CASH

CONSOLIDATED STATEMENT OF CASH FLOWS - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022
Cash flows from operating activities:
Net loss	$ (29,479)	$ (57,284)
Adjustments to reconcile net loss to net cash provided by operating activities:
Depreciation	47,614	27,353
Provision for credit losses	46,876	47,926
Stock-based compensation expense	23,007	26,402
Non-cash lease expense (including impairment of right-of-use assets)	6,677	8,354
Amortization of Intangibles	5,325	7,608
Deferred income taxes	(3,326)	(12,095)
Other adjustments, net	(1,830)	2,429
Changes in assets and liabilities, net of effects of acquisitions and dispositions:
Accounts receivable	(31,184)	(84,105)
Other assets	5,621	(11,140)
Accounts payable and other liabilities	16,131	55,541
Operating lease liabilities	(12,913)	(8,624)
Income taxes payable and receivable	2,258	1,571
Deferred revenue	3,002	3,143
Net cash provided by operating activities	77,779	7,079
Cash flows from investing activities:
Capital expenditures	(22,315)	(62,138)
Purchases of marketable debt securities	(12,362)	0
Proceeds from maturities of marketable debt securities	12,500	0
Proceeds from sales of fixed assets	256	164
Net cash used in investing activities	(21,921)	(61,974)
Cash flows from financing activities:
Purchases of treasury stock	(3,397)	(8,144)
Withholding taxes paid on behalf of employees on net settled stock-based awards	(4,124)	(3,513)
Other, net	(57)	0
Net cash used in financing activities	(7,578)	(11,657)
Total cash provided (used)	48,280	(66,552)
Effect of exchange rate changes on cash and cash equivalents and restricted cash	543	(983)
Net increase (decrease) in cash and cash equivalents and restricted cash	48,823	(67,535)
Cash and cash equivalents and restricted cash at beginning of period	322,136	429,485
Cash and cash equivalents and restricted cash at end of period	$ 370,959	$ 361,950

THE COMPANY AND SUMMARY OF SIGN

THE COMPANY AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	6 Months Ended
THE COMPANY AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	Jun. 30, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract]
THE COMPANY AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	THE COMPANY AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Nature of Operations Angi Inc. connects quality home service professionals with consumers across more than 500 different categories, from repairing and remodeling homes to cleaning and landscaping. Over 207,000 transacting service professionals actively sought consumer matches, completed jobs, or advertised work through Angi Inc. platforms during the three months ended June 30, 2023. Additionally, consumers turned to at least one of our brands to find a service professional for approximately 27 million projects during the twelve months ended June 30, 2023. The Company has four operating segments: (i) Ads and Leads; (ii) Services; (iii) Roofing; and (iv) International (consisting of businesses in Europe and Canada) and operates under multiple brands including Angi, HomeAdvisor, Handy, Total Home Roofing, and Angi Roofing. Ads and Leads provides service professionals the capability to engage with potential customers, including quote and invoicing services, and provides consumers with tools and resources to help them find local, pre-screened and customer-rated service professionals nationwide for home repair, maintenance and improvement projects. Services consumers can request household services directly through the Angi platform and Angi fulfills the request through the use of independently established home services providers engaged in a trade, occupation and/or business that customarily provides such services. The matching and pre-priced booking services and related tools and directories are provided to consumers free of charge. Roofing provides roof replacement and repair services through its wholly-owned subsidiary Angi Roofing, LLC. As used herein, “Angi,” the “Company,” “we,” “our,” “us,” and similar terms refer to Angi Inc. and its subsidiaries (unless the context requires otherwise). At June 30, 2023, IAC Inc. (“IAC”), formerly known as IAC/InterActiveCorp, owned 83.9% and 98.1% of the economic and voting interests, respectively, of the Company. Basis of Presentation and Consolidation The Company prepares its consolidated financial statements in accordance with U.S. generally accepted accounting principles (“GAAP”). The consolidated financial statements include the accounts of the Company, all entities that are wholly-owned by the Company and all entities in which the Company has a controlling financial interest. All intercompany transactions and balances between and among the Company and its subsidiaries have been eliminated. See “ Note 10—Related Party Transactions with IAC ” for information on transactions between Angi and IAC. The Company is included within IAC’s tax group for purposes of federal and consolidated state income tax return filings. For the purpose of these financial statements, income taxes have been computed on an as if standalone, separate return basis. Any differences between taxes currently payable to or receivable from IAC under the tax sharing agreement between the Company and IAC and the current tax provision or benefit computed on an as if standalone, separate return basis for GAAP are reflected as adjustments to additional paid-in capital and as financing activities within the statement of cash flows. In management's opinion, the unaudited interim consolidated financial statements have been prepared on the same basis as the annual consolidated financial statements and reflect all adjustments, consisting of normal and recurring adjustments, necessary for the fair presentation of the Company's consolidated financial position, consolidated results of operations and consolidated cash flows for the periods presented. Interim results are not necessarily indicative of the results that may be expected for the full year. The accompanying unaudited interim consolidated financial statements should be read in conjunction with the audited consolidated financial statements and notes thereto included in the Company's Annual Report on Form 10-K for the year ended December 31, 2022. Segment Changes In the fourth quarter of 2022, the Company’s segment presentation was changed to reflect the following operating segments: Ads and Leads, Services, Roofing and International. Our financial information for all prior periods, including the three and six months ended June 30, 2022 included herein, has been recast to reflect this four operating segment presentation. Accounting Estimates Management of the Company is required to make certain estimates, judgments, and assumptions during the preparation of its consolidated financial statements in accordance with GAAP. These estimates, judgments, and assumptions impact the reported amounts of assets, liabilities, revenue, and expenses and the related disclosure of assets and liabilities. Actual results could differ from these estimates. On an ongoing basis, the Company evaluates its estimates and judgments, including those related to: the fair values of cash equivalents and marketable debt securities; the carrying value of accounts receivable, including the determination of the allowance for credit losses; the determination of the customer relationship period for certain costs to obtain a contract with a customer; the recoverability of right-of-use assets (“ROU assets”); the useful lives and recoverability of definite-lived intangible assets and capitalized software, leasehold improvements, and equipment; the recoverability of goodwill and indefinite-lived intangible assets; unrecognized tax benefits; the liability for potential refunds and customer credits; the valuation allowance for deferred income tax assets; and the fair value of and forfeiture rates for stock-based awards, among others. The Company bases its estimates and judgments on historical experience, its forecasts and budgets, and other factors that the Company considers relevant. General Revenue Recognition The Company accounts for a contract with a customer when it has approval and commitment from all parties, the rights of the parties and payment terms are identified, the contract has commercial substance and collectability of consideration is probable. Revenue is recognized when control of the promised goods or services is transferred to the Company’s customers and in the amount that reflects the consideration the Company expects to be entitled to in exchange for those goods or services. The Company’s disaggregated revenue disclosures are presented in “ Note 5 —Segment Information .” From January 1, 2020 through December 31, 2022, Services recorded revenue on a gross basis. Effective January 1, 2023, we modified the Services terms and conditions so that the service professional, rather than Angi Inc., has the contractual relationship with the consumer to deliver the service and our performance obligation to the consumer is to connect them with the service professional. This change in contractual terms requires revenue to be reported as the net amount of what is received from the consumer after deducting the amounts owed to the service professional providing the service effective for all arrangements entered into after December 31, 2022. There is no impact to operating loss or Adjusted EBITDA from this change in revenue recognition. For the three and six months ended June 30, 2022, if Services revenue were recorded on a net basis, revenue would have been reduced by $71.1 million and $122.8 million, respectively. Deferred Revenue Deferred revenue consists of payments that are received or are contractually due in advance of the Company’s performance obligation. The Company’s deferred revenue is reported on a contract-by-contract basis at the end of each reporting period. The Company classifies deferred revenue as current when the remaining term or expected completion of its performance obligation is one year or less. At December 31, 2022, the current and non-current deferred revenue balances were $50.9 million and $0.1 million, respectively, and during the six months ended June 30, 2023, the Company recognized $40.1 million of revenue that was included in the deferred revenue balance as of December 31, 2022. At December 31, 2021, the current and non-current deferred revenue balances were $53.8 million and $0.1 million, respectively, and during the six months ended June 30, 2022, the Company recognized $45.8 million of revenue that was included in the deferred revenue balance as of December 31, 2021. The current and non-current deferred revenue balances at June 30, 2023 are $54.0 million and less than $0.1 million, respectively. Non-current deferred revenue is included in “Other long-term liabilities” in the accompanying consolidated balance sheet. Practical Expedients and Exemptions For contracts that have an original duration of one year or less, the Company uses the practical expedient available under Accounting Standards Codification (“ASC”) ASC 606, applicable to such contracts and does not consider the time value of money. In addition, as permitted under the practical expedient available under ASC 606, the Company does not disclose the value of unsatisfied performance obligations for (i) contracts with an original expected length of one year or less, (ii) contracts with variable consideration that is allocated entirely to unsatisfied performance obligations or to a wholly unsatisfied promise accounted for under the series guidance, and (iii) contracts for which the Company recognizes revenue at the amount which the Company has the right to invoice for services performed. Fair Value Measurements The Company categorizes its financial instruments measured at fair value into a fair value hierarchy that prioritizes the inputs used in pricing the asset or liability. The three levels of the fair value hierarchy are: • Level 1: Observable inputs obtained from independent sources, such as quoted market prices for identical assets and liabilities in active markets. • Level 2: Other inputs, which are observable directly or indirectly, such as quoted market prices for similar assets or liabilities in active markets, quoted market prices for identical or similar assets or liabilities in markets that are not active and inputs that are derived principally from or corroborated by observable market data. The fair values of the Company’s Level 2 financial assets are primarily obtained from observable market prices for identical underlying securities that may not be actively traded. Certain of these securities may have different market prices from multiple market data sources, in which case an average market price is used. • Level 3: Unobservable inputs for which there is little or no market data and require the Company to develop its own assumptions, based on the best information available in the circumstances, about the assumptions market participants would use in pricing the assets or liabilities. The Company’s non-financial assets, such as goodwill, intangible assets, ROU assets, capitalized software, leasehold improvements and equipment are adjusted to fair value only when an impairment is recognized. Such fair value measurements are based predominantly on Level 3 inputs. Recent Accounting Pronouncements There are no recently issued accounting pronouncements adopted or that have not yet been adopted by the Company that are expected to have a material effect on the results of operations, financial condition, or cash flows of the Company. Reclassifications Certain prior year amounts have been reclassified to conform to the current year presentation.

FINANCIAL INSTRUMENTS AND FAIR

FINANCIAL INSTRUMENTS AND FAIR VALUE MEASUREMENTS	6 Months Ended
FINANCIAL INSTRUMENTS AND FAIR VALUE MEASUREMENTS	Jun. 30, 2023
Fair Value Disclosures [Abstract]
FINANCIAL INSTRUMENTS AND FAIR VALUE MEASUREMENTS	FINANCIAL INSTRUMENTS AND FAIR VALUE MEASUREMENTSMarketable Debt SecuritiesThe Company did not hold any available-for-sale marketable debt securities at June 30, 2023 and December 31, 2022. Fair Value Measurements Instruments measured at fair value on a recurring basis Cash and cash equivalents are measured at fair value and classified within Level 1 and Level 2 in the fair value hierarchy, because we use quoted prices for identical assets in active markets. The following tables present the Company’s financial instruments that are measured at fair value on a recurring basis: June 30, 2023 Quoted Market Prices for Identical Assets in Active Markets Significant Other Observable Inputs Significant Unobservable Inputs Total (In thousands) Assets: Cash equivalents: Money market funds $ 293,434 $ — $ — $ 293,434 December 31, 2022 Quoted Market Prices for Identical Assets in Active Markets Significant Other Observable Inputs Significant Unobservable Inputs Total (In thousands) Assets: Cash equivalents: Money market funds $ 189,000 $ — $ — $ 189,000 Treasury discount notes — 24,961 — 24,961 Total $ 189,000 $ 24,961 $ — $ 213,961 Financial instruments measured at fair value only for disclosure purposes The following table presents the carrying value and the fair value of financial instruments measured at fair value only for disclosure purposes: June 30, 2023 December 31, 2022 Carrying Value Fair Value Carrying Value Fair Value (In thousands) Long-term debt, net (a) $ (495,660) $ (405,000) $ (495,284) $ (368,750) ________________________ (a) At June 30, 2023 and December 31, 2022, the carrying value of long-term debt, net includes unamortized debt issuance costs of $4.3 million and $4.7 million, respectively . The fair value of long-term debt is estimated using observable market prices or indices for similar liabilities, which are Level 2 inputs.

LONG-TERM DEBT

LONG-TERM DEBT	6 Months Ended
LONG-TERM DEBT	Jun. 30, 2023
Debt Disclosure [Abstract]
LONG-TERM DEBT	LONG-TERM DEBT Long-term debt consists of: June 30, 2023 December 31, 2022 (In thousands) 3.875% ANGI Group Senior Notes due August 15, 2028 (“ANGI Group Senior Notes”); interest payable each February 15 and August 15 $ 500,000 $ 500,000 Less: unamortized debt issuance costs 4,340 4,716 Total long-term debt, net $ 495,660 $ 495,284 ANGI Group Senior Notes ANGI Group, LLC (“ANGI Group”), a direct wholly-owned subsidiary of Angi Inc., issued the ANGI Group Senior Notes on August 20, 2020. At any time prior to August 15, 2023, these notes may be redeemed at a redemption price equal to the sum of the principal amount thereof, plus accrued and unpaid interest and a make-whole premium. Thereafter, these notes may be redeemed at the redemption prices, plus accrued and unpaid interest thereon, if any, to the applicable redemption date set forth in the indenture governing the notes.

ACCUMULATED OTHER COMPREHENSIVE

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)	6 Months Ended
ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)	Jun. 30, 2023
Equity [Abstract]
ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)	ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)The following tables present the components of accumulated other comprehensive income (loss). There were no items reclassified out of accumulated other comprehensive income (loss) into earnings during the three and six months ended June 30, 2023 and 2022 Three Months Ended June 30, 2023 2022 Foreign Unrealized Gains on Available-For-Sale Debt Securities Accumulated Other Comprehensive (Loss) Income Foreign Accumulated Other Comprehensive Income (Loss) (In thousands) Balance at April 1 $ (713) $ 2 $ (711) $ 2,506 $ 2,506 Other comprehensive income (loss) 1,835 (2) 1,833 (2,899) (2,899) Balance at June 30 $ 1,122 $ — $ 1,122 $ (393) $ (393) Six Months Ended June 30, 2023 2022 Foreign Unrealized Gains on Available-For-Sale Debt Securities Accumulated Other Comprehensive (Loss) Income Foreign Accumulated Other Comprehensive Income (Loss) (In thousands) Balance at January 1 $ (1,172) $ — $ (1,172) $ 3,309 $ 3,309 Other comprehensive income (loss) 2,294 — 2,294 (3,702) (3,702) Balance at June 30 $ 1,122 $ — $ 1,122 $ (393) $ (393) At June 30, 2023 and June 30, 2022 there was no tax benefit or provision on the accumulated other comprehensive loss.

SEGMENT INFORMATION

SEGMENT INFORMATION	6 Months Ended
SEGMENT INFORMATION	Jun. 30, 2023
Segment Reporting [Abstract]
SEGMENT INFORMATION	SEGMENT INFORMATIONThe Company has determined its operating segments consistent with how the chief operating decision maker views the businesses. Additionally, the Company considers how the businesses are organized as to segment management and the focus of the businesses with regards to the types of services or products offered or the target market. The following table presents revenue by reportable segment: Three Months Ended June 30, Six Months Ended June 30, 2023 2022 2023 2022 (In thousands) Revenue: Domestic Ads and Leads $ 292,487 $ 341,862 $ 585,993 $ 636,608 Services 29,867 108,232 61,926 184,682 Roofing 24,482 42,650 62,854 79,337 Intersegment eliminations (a) (1,001) (1,950) (2,463) (3,627) Total Domestic 345,835 490,794 708,310 897,000 International 29,233 24,988 59,165 54,941 Total revenue $ 375,068 $ 515,782 $ 767,475 $ 951,941 ________________________ (a) Intersegment eliminations related to Ads and Leads revenue earned from sales to Roofing. The following table presents the revenue of the Company’s segments disaggregated by type of service: Three Months Ended June 30, Six Months Ended June 30, 2023 2022 2023 2022 (In thousands) Domestic: Ads and Leads: Consumer connection revenue $ 209,013 $ 260,896 $ 421,948 $ 475,243 Advertising revenue 70,047 65,189 137,228 129,091 Membership subscription revenue 13,231 15,554 26,430 31,791 Other revenue 196 223 387 483 Total Ads and Leads revenue 292,487 341,862 585,993 636,608 Services revenue 29,867 108,232 61,926 184,682 Roofing revenue 24,482 42,650 62,854 79,337 Intersegment eliminations (a) (1,001) (1,950) (2,463) (3,627) Total Domestic 345,835 490,794 708,310 897,000 International: Consumer connection revenue 23,371 16,941 48,116 38,744 Service professional membership subscription revenue 5,753 7,758 10,811 15,614 Advertising and other revenue 109 289 238 583 Total International 29,233 24,988 59,165 54,941 Total revenue $ 375,068 $ 515,782 $ 767,475 $ 951,941 ________________________ (a) Intersegment eliminations related to Ads and Leads revenue earned from sales to Roofing. Geographic information about revenue and long-lived assets is presented below. Three Months Ended June 30, Six Months Ended June 30, 2023 2022 2023 2022 (In thousands) Revenue: United States $ 345,618 $ 490,049 $ 707,844 $ 895,557 All other countries 29,450 25,733 59,631 56,384 Total $ 375,068 $ 515,782 $ 767,475 $ 951,941 June 30, 2023 December 31, 2022 (In thousands) Long-lived assets (excluding goodwill, intangible assets, and ROU assets): United States $ 124,685 $ 147,322 All other countries 4,985 6,533 Total $ 129,670 $ 153,855 The following tables present operating income (loss) and Adjusted EBITDA by reportable segment: Three Months Ended June 30, Six Months Ended June 30, 2023 2022 2023 2022 (In thousands) Operating income (loss): Ads and Leads $ 4,791 $ 23,292 $ 18,271 $ 38,778 Services (5,175) (21,051) (17,627) (46,801) Roofing (1,302) (3,789) (891) (9,939) Corporate (16,568) (18,091) (31,507) (31,113) International 1,571 (1,247) 4,601 (5,768) Total $ (16,683) $ (20,886) $ (27,153) $ (54,843) Three Months Ended June 30, Six Months Ended June 30, 2023 2022 2023 2022 (In thousands) Adjusted EBITDA (b) : Ads and Leads $ 28,155 $ 42,164 $ 68,006 $ 76,489 Services $ 1,700 $ (13,913) $ (468) $ (32,480) Roofing $ (1,294) $ (3,090) $ (473) $ (8,116) Corporate $ (13,109) $ (15,102) $ (25,463) $ (25,552) International $ 2,837 $ (370) $ 7,191 $ (3,821) (b) The Company’s primary financial measure and GAAP segment measure is Adjusted EBITDA, which is defined as operating income (loss) excluding: (1) stock-based compensation expense; (2) depreciation; and (3) acquisition-related items consisting of amortization of intangible assets and impairments of goodwill and intangible assets, if applicable. The following tables reconcile operating income (loss) for the Company’s reportable segments and net loss attributable to Angi Inc. shareholders to Adjusted EBITDA: Three Months Ended June 30, 2023 Operating Income (Loss) Stock-Based Depreciation Amortization Adjusted EBITDA (b) (In thousands) Ads and Leads $ 4,791 $ 5,307 $ 15,394 $ 2,663 $ 28,155 Services (5,175) $ 1,192 $ 5,683 $ — $ 1,700 Roofing (1,302) $ (167) $ 175 $ — $ (1,294) Corporate (16,568) $ 3,459 $ — $ — $ (13,109) International 1,571 $ 339 $ 927 $ — $ 2,837 Operating loss (16,683) Interest expense (5,034) Other income, net 5,188 Loss before income taxes (16,529) Income tax benefit 2,050 Net loss (14,479) Net earnings attributable to noncontrolling interests (220) Net loss attributable to Angi Inc. shareholders $ (14,699) Three Months Ended June 30, 2022 Operating Income (Loss) Stock-Based Depreciation Amortization Adjusted EBITDA (b) (In thousands) Ads and Leads $ 23,292 $ 5,404 $ 10,805 $ 2,663 $ 42,164 Services (21,051) $ 4,513 $ 1,650 $ 975 $ (13,913) Roofing (3,789) $ 385 $ 148 $ 166 $ (3,090) Corporate (18,091) $ 2,989 $ — $ — $ (15,102) International (1,247) $ 126 $ 751 $ — $ (370) Operating loss (20,886) Interest expense (5,026) Other expense, net (1,750) Loss before income taxes (27,662) Income tax benefit 3,665 Net loss (23,997) Net earnings attributable to noncontrolling interests (235) Net loss attributable to Angi Inc. shareholders $ (24,232) Six Months Ended June 30, 2023 Operating Income (Loss) Stock-Based Depreciation Amortization Adjusted (In thousands) Ads and Leads $ 18,271 $ 10,798 $ 33,612 $ 5,325 $ 68,006 Services (17,627) $ 5,401 $ 11,758 $ — $ (468) Roofing (891) $ (2) $ 420 $ — $ (473) Corporate (31,507) $ 6,044 $ — $ — $ (25,463) International 4,601 $ 766 $ 1,824 $ — $ 7,191 Operating loss (27,153) Interest expense (10,063) Other income, net 8,999 Loss before income taxes (28,217) Income tax provision (1,262) Net loss (29,479) Net earnings attributable to noncontrolling interests (545) Net loss attributable to Angi Inc. shareholders $ (30,024) Six Months Ended June 30, 2022 Operating Income (Loss) Stock-Based Depreciation Amortization Adjusted (In thousands) Ads and Leads $ 38,778 $ 10,324 $ 22,062 $ 5,325 $ 76,489 Services (46,801) $ 9,053 $ 3,318 $ 1,950 $ (32,480) Roofing (9,939) $ 1,215 $ 275 $ 333 $ (8,116) Corporate (31,113) $ 5,561 $ — $ — $ (25,552) International (5,768) $ 249 $ 1,698 $ — $ (3,821) Operating loss (54,843) Interest expense (10,048) Other expense, net (2,141) Loss before income taxes (67,032) Income tax benefit 9,748 Net loss (57,284) Net earnings attributable to noncontrolling interests (338) Net loss attributable to Angi Inc. shareholders $ (57,622)

INCOME TAXES

INCOME TAXES	6 Months Ended
INCOME TAXES	Jun. 30, 2023
Income Tax Disclosure [Abstract]
INCOME TAXES	INCOME TAXESThe Company is included within IAC’s tax group for purposes of federal and consolidated state income tax return filings. In all periods presented, the income tax provision and/or benefit has been computed for the Company on an as if standalone, separate return basis and payments to and refunds from IAC for the Company’s share of IAC’s consolidated federal and state tax return liabilities/receivables calculated on this basis have been reflected within cash flows from operating activities in the accompanying consolidated statement of cash flows. The tax sharing agreement between the Company and IAC governs the parties’ respective rights, responsibilities and obligations with respect to tax matters, including responsibility for taxes attributable to the Company, entitlement to refunds, allocation of tax attributes and other matters and, therefore, ultimately governs the amount payable to or receivable from IAC with respect to income taxes. Any differences between taxes currently payable to or receivable from IAC under the tax sharing agreement and the current tax provision or benefit computed on an as if standalone, separate return basis for GAAP are reflected as adjustments to additional paid-in capital in the consolidated statement of shareholders’ equity and financing activities within the consolidated statement of cash flows. At the end of each interim period, the Company estimates the annual expected effective income tax rate and applies that rate to its ordinary year-to-date earnings or loss. The income tax provision or benefit related to significant, unusual, or extraordinary items, if applicable, that will be separately reported or reported net of their related tax effects are individually computed and recognized in the interim period in which they occur. In addition, the effect of changes in enacted tax laws or rates, tax status, judgment on the realizability of a beginning-of-the-year deferred tax asset in future years or unrecognized tax benefits is recognized in the interim period in which the change occurs. The computation of the annual expected effective income tax rate at each interim period requires certain estimates and assumptions including, but not limited to, the expected pre-tax income (or loss) for the year, projections of the proportion of income (and/or loss) earned and taxed in foreign jurisdictions, permanent and temporary differences, and the likelihood of the realization of deferred tax assets generated in the current year. The accounting estimates used to compute the provision or benefit for income taxes may change as new events occur, more experience is acquired, additional information is obtained or the Company’s tax environment changes. To the extent that the expected annual effective income tax rate changes during a quarter, the effect of the change on prior quarters is included in income tax provision or benefit in the quarter in which the change occurs. Included in the income tax benefit for the three months ended June 30, 2023 was a benefit of $3.0 million due to a higher estimated annual effective tax rate from that applied to the first quarter’s ordinary loss from continuing operations. The higher estimated annual effective tax rate was primarily due to the reduced impact that forecasted nondeductible compensation expense and foreign and state taxes had on the increase in forecasted ordinary domestic pre-tax losses. For the three months ended June 30, 2023, the Company recorded an income tax benefit of $2.1 million, which represents an effective income tax rate of 12%. The effective income tax rate is lower than the statutory rate of 21% due primarily to nondeductible stock-based compensation and foreign income taxed at different rates, partially offset by research credits and an adjustment to the forecasted annual effective tax rate. For the six months ended June 30, 2023, the Company recorded an income tax provision of $1.3 million, despite a pre-tax loss, due primarily to nondeductible stock-based compensation and foreign income taxed at different rates, partially offset by research credits. For the three and six months ended June 30, 2022, the Company recorded an income tax benefit of $3.7 million and $9.7 million, which represents an effective income tax rate of 13% and 15%, respectively. For the three and six months ended June 30, 2022, the effective income tax rate is lower than the statutory rate of 21% due primarily to unbenefited foreign losses and tax shortfalls generated by the exercise and vesting for stock-based awards. The Company recognizes interest and, if applicable, penalties related to unrecognized tax benefits in the income tax provision. Accruals for interest are not material and there are currently no accruals for penalties. At June 30, 2023 and December 31, 2022, the Company has unrecognized tax benefits, including interest, of $7.0 million and $6.2 million, respectively; all of which are for tax positions included in IAC’s consolidated tax return filings. If unrecognized tax benefits at June 30, 2023 are subsequently recognized, the income tax provision would be reduced by $6.6 million. The comparable amount as of December 31, 2022 is $5.8 million. The Company believes it is reasonably possible that its unrecognized tax benefits could decrease by $0.2 million by June 30, 2024 due to settlements; $0.1 million of which would reduce the income tax provision. The Company regularly assesses the realizability of deferred tax assets considering all available evidence including, to the extent applicable, the nature, frequency and severity of prior cumulative losses, forecasts of future taxable income, tax filing status, the duration of statutory carryforward periods, available tax planning and historical experience. At June 30, 2023, the Company has a U.S. gross deferred tax asset of $210.2 million that the Company expects to fully utilize on a more likely than not basis. Of this amount, $22.8 million will be utilized upon the future reversal of deferred tax liabilities and the remaining net deferred tax asset of $187.4 million will be utilized based on forecasts of future taxable income. The Company’s most significant net deferred tax asset relates to U.S. federal net operating loss (“NOL”) carryforwards of $108.1 million. The Company expects to generate sufficient future taxable income of at least $514.5 million prior to the expiration of these NOLs, the majority of which expire between 2032 and 2037, and a portion of which never expire, to fully realize this deferred tax asset.

LOSS PER SHARE

LOSS PER SHARE	6 Months Ended
LOSS PER SHARE	Jun. 30, 2023
Earnings Per Share [Abstract]
LOSS PER SHARE	LOSS PER SHAREThe following table sets forth the computation of basic and diluted loss per share attributable to Angi Inc. Class A and Class B Common Stock shareholders: Three Months Ended June 30, 2023 2022 Basic Diluted Basic Diluted (In thousands, except per share data) Numerator: Net loss $ (14,479) $ (14,479) $ (23,997) $ (23,997) Net earnings attributable to noncontrolling interests (220) (220) (235) (235) Net loss attributable to Angi Inc. Class A and Class B Common Stock shareholders $ (14,699) $ (14,699) $ (24,232) $ (24,232) Denominator: Weighted average basic Class A and Class B common stock shares outstanding 506,086 506,086 502,453 502,453 Dilutive securities (a) (b) — — — — Denominator for loss per share—weighted average shares 506,086 506,086 502,453 502,453 Loss per share attributable to Angi Inc. Class A and Class B Common Stock shareholders: Loss per share $ (0.03) $ (0.03) $ (0.05) $ (0.05) Six Months Ended June 30, 2023 2022 Basic Diluted Basic Diluted (In thousands, except per share data) Numerator: Net loss $ (29,479) $ (29,479) $ (57,284) $ (57,284) Net earnings attributable to noncontrolling interests (545) (545) (338) (338) Net loss attributable to Angi Inc. Class A and Class B Common Stock shareholders $ (30,024) $ (30,024) $ (57,622) $ (57,622) Denominator: Weighted average basic Class A and Class B common stock shares outstanding 505,563 505,563 502,231 502,231 Dilutive securities (a) (b) — — — — Denominator for loss per share—weighted average shares 505,563 505,563 502,231 502,231 Loss per share attributable to Angi Inc. Class A and Class B Common Stock shareholders: Loss per share $ (0.06) $ (0.06) $ (0.11) $ (0.11) ________________________ (a) If the effect is dilutive, weighted average common shares outstanding include the incremental shares that would be issued upon the assumed exercise of stock options and subsidiary denominated equity and vesting of restricted stock units (“RSUs”). For the three and six months ended June 30, 2023 and 2022, 28.1 million and 28.7 million of potentially dilutive securities, respectively, were excluded from the calculation of diluted earnings per share because their inclusion would have been anti-dilutive. Accordingly, the weighted average basic shares outstanding were used to compute all earnings per share amounts. (b) Market-based awards and performance-based stock units (“PSUs”) are considered contingently issuable shares. Shares issuable upon exercise or vesting of market-based awards and PSUs are included in the denominator for earnings per share if (i) the applicable market or performance condition(s) has been met and (ii) the inclusion of the market-based awards and PSUs is dilutive for the respective reporting periods. For the three and six months ended June 30, 2023 and 2022, 0.7 million and 4.4 million underlying market-based awards and PSUs, respectively, were excluded from the calculation of diluted earnings per share because the market or performance condition(s) had not been met.

CONSOLIDATED FINANCIAL STATEMEN

CONSOLIDATED FINANCIAL STATEMENT DETAILS	6 Months Ended
CONSOLIDATED FINANCIAL STATEMENT DETAILS	Jun. 30, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract]
CONSOLIDATED FINANCIAL STATEMENT DETAILS	CONSOLIDATED FINANCIAL STATEMENT DETAILS Cash and Cash Equivalents and Restricted Cash The following table provides a reconciliation of cash and cash equivalents and restricted cash reported within the accompanying balance sheet to the total amounts shown in the accompanying statement of cash flows: June 30, 2023 December 31, 2022 June 30, 2022 December 31, 2021 (In thousands) Cash and cash equivalents $ 370,579 $ 321,155 $ 360,950 $ 428,136 Restricted cash included in other current assets — 107 130 156 Restricted cash included in other non-current assets 380 874 870 1,193 Total cash and cash equivalents, and restricted cash as shown on the consolidated statement of cash flows $ 370,959 $ 322,136 $ 361,950 $ 429,485 Restricted cash included in “Other non-current assets” in the accompanying consolidated balance sheet at June 30, 2023 primarily consisted of cash reserved to fund consumer claims. Restricted cash included in “Other current assets” in the accompanying consolidated balance sheets at December 31, 2022 and June 30, 2022 primarily consisted of cash reserved to fund insurance claims. Restricted cash included in “Other current assets” in the accompanying consolidated balance sheet at December 31, 2021 primarily consisted of funds collected from service providers for disputed payments which were not settled as of the period end, in addition to cash reserved to fund insurance claims. Restricted cash included in “Other non-current assets” in the accompanying consolidated balance sheets for all periods presented above except June 30, 2023 primarily consisted of deposits related to leases. Restricted cash included in “Other non-current assets” in the accompanying consolidated balance sheet at December 31, 2021 also included cash held related to a check endorsement guarantee for Roofing. Credit Losses The following table presents the changes in the allowance for credit losses for the six months ended June 30, 2023 and 2022: 2023 2022 (In thousands) Balance at January 1 $ 43,160 $ 33,652 Current period provision for credit losses 46,876 47,926 Write-offs charged against the allowance for credit losses (52,874) (40,764) Recoveries collected 2,966 2,709 Balance at June 30 $ 40,128 $ 43,523 Accumulated Amortization and Depreciation The following table provides the accumulated amortization and depreciation within the consolidated balance sheet: Asset Category June 30, 2023 December 31, 2022 (In thousands) Right-of-use assets (included in “other non-current assets”) $ 68,186 $ 61,818 Capitalized software, leasehold improvements, and equipment $ 178,722 $ 146,608 Intangible assets $ 177,064 $ 172,341 Other income (expense), net Three Months Ended June 30, Six Months Ended June 30, 2023 2022 2023 2022 Interest income $ 4,156 $ 515 $ 7,579 $ 579 Foreign exchange gains (losses) 1,039 (2,264) 1,426 (2,720) Other (7) (1) (6) — Other income (expense), net $ 5,188 $ (1,750) $ 8,999 $ (2,141)

CONTINGENCIES

CONTINGENCIES	6 Months Ended
CONTINGENCIES	Jun. 30, 2023
Commitments and Contingencies Disclosure [Abstract]
CONTINGENCIES	CONTINGENCIES In the ordinary course of business, the Company is a party to various lawsuits. The Company establishes accruals for specific legal matters when it determines that the likelihood of an unfavorable outcome is probable and the loss is reasonably estimable. The total accrual for legal matters is $9.8 million at June 30, 2023. Management has also identified certain other legal matters where we believe an unfavorable outcome is not probable and, therefore, no accrual is established. Although management currently believes that resolving claims against us, including claims where an unfavorable outcome is reasonably possible, will not have a material impact on the liquidity, results of operations, or financial condition of the Company, these matters are subject to inherent uncertainties and management’s view of these matters may change in the future. The Company also evaluates other contingent matters, including uncertain income tax positions and non-income tax contingencies, to assess the likelihood of an unfavorable outcome and estimated extent of potential loss. It is possible that an unfavorable outcome of one or more of these lawsuits or other contingencies could have a material impact on the liquidity, results of operations, or financial condition of the Company. See “ Note 6 —Income Taxes

RELATED PARTY TRANSACTIONS WITH

RELATED PARTY TRANSACTIONS WITH IAC	6 Months Ended
RELATED PARTY TRANSACTIONS WITH IAC	Jun. 30, 2023
Related Party Transactions [Abstract]
RELATED PARTY TRANSACTIONS WITH IAC	RELATED PARTY TRANSACTIONS WITH IAC Allocation of CEO Compensation and Certain Expenses Joseph Levin, CEO of IAC and Chairman of Angi, was appointed CEO of Angi on October 10, 2022. As a result, for the three and six months ended June 30, 2023, IAC allocated $2.3 million and $4.6 million, respectively, in costs to Angi (including salary, benefits, stock-based compensation and costs related to the CEO’s office). These costs were allocated from IAC based upon time spent on Angi by Mr. Levin. Management considers the allocation method to be reasonable. The allocated costs also include costs directly attributable to the Company that were initially paid for by IAC and billed by IAC to the Company. The Combination and Related Agreements Additionally, in connection with the transaction resulting in the formation of the Company in 2017, which is referred to as the “Combination,” Angi and IAC entered into a contribution agreement; an investor rights agreement; a services agreement; a tax sharing agreement; and an employee matters agreement, which collectively govern the relationship between IAC and Angi Inc. Other Arrangements Additionally, the Company subleases office space to IAC and charged rent pursuant to a lease agreement of $0.2 million and $0.6 million for the three and six months ended June 30, 2023, respectively, and $0.4 million and $0.8 million for the three and six months ended June 30, 2022, respectively. IAC subleases office space to the Company and charged rent pursuant to a lease agreement of $0.3 million and $0.6 million, respectively for both the three and six months ended June 30, 2023 and 2022. At June 30, 2023, the Company has an outstanding receivable of $0.2 million due from IAC pursuant to the sublease agreements. This amount is included in “Other non-current assets” in the accompanying consolidated balance sheet. At December 31, 2022, there were no outstanding receivables or payables pursuant to the sublease agreements. The Company incurred advertising expense of $1.8 million and $3.6 million for the three and six months ended June 30, 2023, respectively, and $1.9 million and $3.5 million for the three and six months ended June 30, 2022, respectively, related to advertising and audience targeted advertising purchased from other IAC owned businesses. At June 30, 2023, there were related outstanding payables of $1.2 million included in “Accrued expenses and other current liabilities” in the accompanying consolidated balance sheet.

Insider Trading Arrangements

Insider Trading Arrangements	3 Months Ended	6 Months Ended
Insider Trading Arrangements	Jun. 30, 2023 shares	Jun. 30, 2023 shares
Trading Arrangements, by Individual
Material Terms of Trading Arrangement		On June 5, 2023, Angela Hicks Bowman, a director and officer of the Company (Chief Customer Officer), adopted a Rule 10b5-1 trading plan that provides for the sale of up to 60,000 shares of the Company’s Class A common stock and all of the net shares of the Company’s Class A common stock acquired upon the exercise of up to 447,000 Company stock options (the “Plan”). Sales pursuant to the Plan are scheduled to occur (assuming the satisfaction of the applicable price and other conditions set forth in the Plan) during the period commencing on October 4, 2023 and ending on September 13, 2024, absent the earlier amendment or termination of the Plan in accordance with its terms. The Plan is intended to qualify for the affirmative defense of Rule 10b5-1.
Name	Angela Hicks Bowman
Title	Chief Customer Officer
Rule 10b5-1 Arrangement Adopted	true
Non-Rule 10b5-1 Arrangement Adopted	false
Adoption Date	June 5, 2023
Rule 10b5-1 Arrangement Terminated	false
Non-Rule 10b5-1 Arrangement Terminated	false
Arrangement Duration	345 days
Angela Hicks Bowman Plan, Class A Common Stock [Member]
Trading Arrangements, by Individual
Aggregate Available	60,000	60,000
Angela Hicks Bowman Plan, Stock Options [Member]
Trading Arrangements, by Individual
Aggregate Available	447,000	447,000

THE COMPANY AND SUMMARY OF SI_2

THE COMPANY AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	6 Months Ended
	Jun. 30, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Nature of Operations	Nature of Operations Angi Inc. connects quality home service professionals with consumers across more than 500 different categories, from repairing and remodeling homes to cleaning and landscaping. Over 207,000 transacting service professionals actively sought consumer matches, completed jobs, or advertised work through Angi Inc. platforms during the three months ended June 30, 2023. Additionally, consumers turned to at least one of our brands to find a service professional for approximately 27 million projects during the twelve months ended June 30, 2023. The Company has four operating segments: (i) Ads and Leads; (ii) Services; (iii) Roofing; and (iv) International (consisting of businesses in Europe and Canada) and operates under multiple brands including Angi, HomeAdvisor, Handy, Total Home Roofing, and Angi Roofing. Ads and Leads provides service professionals the capability to engage with potential customers, including quote and invoicing services, and provides consumers with tools and resources to help them find local, pre-screened and customer-rated service professionals nationwide for home repair, maintenance and improvement projects. Services consumers can request household services directly through the Angi platform and Angi fulfills the request through the use of independently established home services providers engaged in a trade, occupation and/or business that customarily provides such services. The matching and pre-priced booking services and related tools and directories are provided to consumers free of charge. Roofing provides roof replacement and repair services through its wholly-owned subsidiary Angi Roofing, LLC. As used herein, “Angi,” the “Company,” “we,” “our,” “us,” and similar terms refer to Angi Inc. and its subsidiaries (unless the context requires otherwise). At June 30, 2023, IAC Inc. (“IAC”), formerly known as IAC/InterActiveCorp, owned 83.9% and 98.1% of the economic and voting interests, respectively, of the Company.
Basis of Presentation and Consolidation	Basis of Presentation and Consolidation The Company prepares its consolidated financial statements in accordance with U.S. generally accepted accounting principles (“GAAP”). The consolidated financial statements include the accounts of the Company, all entities that are wholly-owned by the Company and all entities in which the Company has a controlling financial interest. All intercompany transactions and balances between and among the Company and its subsidiaries have been eliminated. See “ Note 10—Related Party Transactions with IAC ” for information on transactions between Angi and IAC. The Company is included within IAC’s tax group for purposes of federal and consolidated state income tax return filings. For the purpose of these financial statements, income taxes have been computed on an as if standalone, separate return basis. Any differences between taxes currently payable to or receivable from IAC under the tax sharing agreement between the Company and IAC and the current tax provision or benefit computed on an as if standalone, separate return basis for GAAP are reflected as adjustments to additional paid-in capital and as financing activities within the statement of cash flows. In management's opinion, the unaudited interim consolidated financial statements have been prepared on the same basis as the annual consolidated financial statements and reflect all adjustments, consisting of normal and recurring adjustments, necessary for the fair presentation of the Company's consolidated financial position, consolidated results of operations and consolidated cash flows for the periods presented. Interim results are not necessarily indicative of the results that may be expected for the full year. The accompanying unaudited interim consolidated financial statements should be read in conjunction with the audited consolidated financial statements and notes thereto included in the Company's Annual Report on Form 10-K for the year ended December 31, 2022.
Accounting Estimates	Accounting Estimates Management of the Company is required to make certain estimates, judgments, and assumptions during the preparation of its consolidated financial statements in accordance with GAAP. These estimates, judgments, and assumptions impact the reported amounts of assets, liabilities, revenue, and expenses and the related disclosure of assets and liabilities. Actual results could differ from these estimates. On an ongoing basis, the Company evaluates its estimates and judgments, including those related to: the fair values of cash equivalents and marketable debt securities; the carrying value of accounts receivable, including the determination of the allowance for credit losses; the determination of the customer relationship period for certain costs to obtain a contract with a customer; the recoverability of right-of-use assets (“ROU assets”); the useful lives and recoverability of definite-lived intangible assets and capitalized software, leasehold improvements, and equipment; the recoverability of goodwill and indefinite-lived intangible assets; unrecognized tax benefits; the liability for potential refunds and customer credits; the valuation allowance for deferred income tax assets; and the fair value of and forfeiture rates for stock-based awards, among others. The Company bases its estimates and judgments on historical experience, its forecasts and budgets, and other factors that the Company considers relevant.
General Revenue Recognition	General Revenue Recognition The Company accounts for a contract with a customer when it has approval and commitment from all parties, the rights of the parties and payment terms are identified, the contract has commercial substance and collectability of consideration is probable. Revenue is recognized when control of the promised goods or services is transferred to the Company’s customers and in the amount that reflects the consideration the Company expects to be entitled to in exchange for those goods or services. The Company’s disaggregated revenue disclosures are presented in “ Note 5 —Segment Information .” Deferred Revenue Deferred revenue consists of payments that are received or are contractually due in advance of the Company’s performance obligation. The Company’s deferred revenue is reported on a contract-by-contract basis at the end of each reporting period. The Company classifies deferred revenue as current when the remaining term or expected completion of its performance obligation is one year or less. At December 31, 2022, the current and non-current deferred revenue balances were $50.9 million and $0.1 million, respectively, and during the six months ended June 30, 2023, the Company recognized $40.1 million of revenue that was included in the deferred revenue balance as of December 31, 2022. At December 31, 2021, the current and non-current deferred revenue balances were $53.8 million and $0.1 million, respectively, and during the six months ended June 30, 2022, the Company recognized $45.8 million of revenue that was included in the deferred revenue balance as of December 31, 2021. The current and non-current deferred revenue balances at June 30, 2023 are $54.0 million and less than $0.1 million, respectively. Non-current deferred revenue is included in “Other long-term liabilities” in the accompanying consolidated balance sheet. Practical Expedients and Exemptions For contracts that have an original duration of one year or less, the Company uses the practical expedient available under Accounting Standards Codification (“ASC”) ASC 606, applicable to such contracts and does not consider the time value of money. In addition, as permitted under the practical expedient available under ASC 606, the Company does not disclose the value of unsatisfied performance obligations for (i) contracts with an original expected length of one year or less, (ii) contracts with variable consideration that is allocated entirely to unsatisfied performance obligations or to a wholly unsatisfied promise accounted for under the series guidance, and (iii) contracts for which the Company recognizes revenue at the amount which the Company has the right to invoice for services performed.
Fair Value Measurements	Fair Value Measurements The Company categorizes its financial instruments measured at fair value into a fair value hierarchy that prioritizes the inputs used in pricing the asset or liability. The three levels of the fair value hierarchy are: • Level 1: Observable inputs obtained from independent sources, such as quoted market prices for identical assets and liabilities in active markets. • Level 2: Other inputs, which are observable directly or indirectly, such as quoted market prices for similar assets or liabilities in active markets, quoted market prices for identical or similar assets or liabilities in markets that are not active and inputs that are derived principally from or corroborated by observable market data. The fair values of the Company’s Level 2 financial assets are primarily obtained from observable market prices for identical underlying securities that may not be actively traded. Certain of these securities may have different market prices from multiple market data sources, in which case an average market price is used. • Level 3: Unobservable inputs for which there is little or no market data and require the Company to develop its own assumptions, based on the best information available in the circumstances, about the assumptions market participants would use in pricing the assets or liabilities. The Company’s non-financial assets, such as goodwill, intangible assets, ROU assets, capitalized software, leasehold improvements and equipment are adjusted to fair value only when an impairment is recognized. Such fair value measurements are based predominantly on Level 3 inputs.
Recent Accounting Pronouncements	Recent Accounting Pronouncements There are no recently issued accounting pronouncements adopted or that have not yet been adopted by the Company that are expected to have a material effect on the results of operations, financial condition, or cash flows of the Company.
Reclassifications	Reclassifications Certain prior year amounts have been reclassified to conform to the current year presentation.

FINANCIAL INSTRUMENTS AND FAI_2

FINANCIAL INSTRUMENTS AND FAIR VALUE MEASUREMENTS (Tables)	6 Months Ended
FINANCIAL INSTRUMENTS AND FAIR VALUE MEASUREMENTS (Tables)	Jun. 30, 2023
Fair Value Disclosures [Abstract]
Schedule of Assets and Liabilities Measured at Fair Value on a Recurring Basis	The following tables present the Company’s financial instruments that are measured at fair value on a recurring basis: June 30, 2023 Quoted Market Prices for Identical Assets in Active Markets Significant Other Observable Inputs Significant Unobservable Inputs Total (In thousands) Assets: Cash equivalents: Money market funds $ 293,434 $ — $ — $ 293,434 December 31, 2022 Quoted Market Prices for Identical Assets in Active Markets Significant Other Observable Inputs Significant Unobservable Inputs Total (In thousands) Assets: Cash equivalents: Money market funds $ 189,000 $ — $ — $ 189,000 Treasury discount notes — 24,961 — 24,961 Total $ 189,000 $ 24,961 $ — $ 213,961
Schedule of Carrying Value and Fair Value of Financial Instruments	The following table presents the carrying value and the fair value of financial instruments measured at fair value only for disclosure purposes: June 30, 2023 December 31, 2022 Carrying Value Fair Value Carrying Value Fair Value (In thousands) Long-term debt, net (a) $ (495,660) $ (405,000) $ (495,284) $ (368,750) ________________________ (a) At June 30, 2023 and December 31, 2022, the carrying value of long-term debt, net includes unamortized debt issuance costs of $4.3 million and $4.7 million, respectively .

LONG-TERM DEBT (Tables)

LONG-TERM DEBT (Tables)	6 Months Ended
LONG-TERM DEBT (Tables)	Jun. 30, 2023
Debt Disclosure [Abstract]
Schedule of Long-term Debt	Long-term debt consists of: June 30, 2023 December 31, 2022 (In thousands) 3.875% ANGI Group Senior Notes due August 15, 2028 (“ANGI Group Senior Notes”); interest payable each February 15 and August 15 $ 500,000 $ 500,000 Less: unamortized debt issuance costs 4,340 4,716 Total long-term debt, net $ 495,660 $ 495,284

ACCUMULATED OTHER COMPREHENSI_2

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (Tables)	6 Months Ended
ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (Tables)	Jun. 30, 2023
Equity [Abstract]
Schedule of Accumulated Other Comprehensive Income	The following tables present the components of accumulated other comprehensive income (loss). There were no items reclassified out of accumulated other comprehensive income (loss) into earnings during the three and six months ended June 30, 2023 and 2022. Three Months Ended June 30, 2023 2022 Foreign Unrealized Gains on Available-For-Sale Debt Securities Accumulated Other Comprehensive (Loss) Income Foreign Accumulated Other Comprehensive Income (Loss) (In thousands) Balance at April 1 $ (713) $ 2 $ (711) $ 2,506 $ 2,506 Other comprehensive income (loss) 1,835 (2) 1,833 (2,899) (2,899) Balance at June 30 $ 1,122 $ — $ 1,122 $ (393) $ (393) Six Months Ended June 30, 2023 2022 Foreign Unrealized Gains on Available-For-Sale Debt Securities Accumulated Other Comprehensive (Loss) Income Foreign Accumulated Other Comprehensive Income (Loss) (In thousands) Balance at January 1 $ (1,172) $ — $ (1,172) $ 3,309 $ 3,309 Other comprehensive income (loss) 2,294 — 2,294 (3,702) (3,702) Balance at June 30 $ 1,122 $ — $ 1,122 $ (393) $ (393)

SEGMENT INFORMATION (Tables)

SEGMENT INFORMATION (Tables)	6 Months Ended
SEGMENT INFORMATION (Tables)	Jun. 30, 2023
Segment Reporting [Abstract]
Schedule of Segment Reporting Information	The following table presents revenue by reportable segment: Three Months Ended June 30, Six Months Ended June 30, 2023 2022 2023 2022 (In thousands) Revenue: Domestic Ads and Leads $ 292,487 $ 341,862 $ 585,993 $ 636,608 Services 29,867 108,232 61,926 184,682 Roofing 24,482 42,650 62,854 79,337 Intersegment eliminations (a) (1,001) (1,950) (2,463) (3,627) Total Domestic 345,835 490,794 708,310 897,000 International 29,233 24,988 59,165 54,941 Total revenue $ 375,068 $ 515,782 $ 767,475 $ 951,941 ________________________ (a) Intersegment eliminations related to Ads and Leads revenue earned from sales to Roofing. The following tables present operating income (loss) and Adjusted EBITDA by reportable segment: Three Months Ended June 30, Six Months Ended June 30, 2023 2022 2023 2022 (In thousands) Operating income (loss): Ads and Leads $ 4,791 $ 23,292 $ 18,271 $ 38,778 Services (5,175) (21,051) (17,627) (46,801) Roofing (1,302) (3,789) (891) (9,939) Corporate (16,568) (18,091) (31,507) (31,113) International 1,571 (1,247) 4,601 (5,768) Total $ (16,683) $ (20,886) $ (27,153) $ (54,843) Three Months Ended June 30, Six Months Ended June 30, 2023 2022 2023 2022 (In thousands) Adjusted EBITDA (b) : Ads and Leads $ 28,155 $ 42,164 $ 68,006 $ 76,489 Services $ 1,700 $ (13,913) $ (468) $ (32,480) Roofing $ (1,294) $ (3,090) $ (473) $ (8,116) Corporate $ (13,109) $ (15,102) $ (25,463) $ (25,552) International $ 2,837 $ (370) $ 7,191 $ (3,821) (b) The Company’s primary financial measure and GAAP segment measure is Adjusted EBITDA, which is defined as operating income (loss) excluding: (1) stock-based compensation expense; (2) depreciation; and (3) acquisition-related items consisting of amortization of intangible assets and impairments of goodwill and intangible assets, if applicable.
Schedule of Segmented Revenue Disaggregated by Service	The following table presents the revenue of the Company’s segments disaggregated by type of service: Three Months Ended June 30, Six Months Ended June 30, 2023 2022 2023 2022 (In thousands) Domestic: Ads and Leads: Consumer connection revenue $ 209,013 $ 260,896 $ 421,948 $ 475,243 Advertising revenue 70,047 65,189 137,228 129,091 Membership subscription revenue 13,231 15,554 26,430 31,791 Other revenue 196 223 387 483 Total Ads and Leads revenue 292,487 341,862 585,993 636,608 Services revenue 29,867 108,232 61,926 184,682 Roofing revenue 24,482 42,650 62,854 79,337 Intersegment eliminations (a) (1,001) (1,950) (2,463) (3,627) Total Domestic 345,835 490,794 708,310 897,000 International: Consumer connection revenue 23,371 16,941 48,116 38,744 Service professional membership subscription revenue 5,753 7,758 10,811 15,614 Advertising and other revenue 109 289 238 583 Total International 29,233 24,988 59,165 54,941 Total revenue $ 375,068 $ 515,782 $ 767,475 $ 951,941 ________________________ (a)
Schedule of Revenue by Geographic Areas	Geographic information about revenue and long-lived assets is presented below. Three Months Ended June 30, Six Months Ended June 30, 2023 2022 2023 2022 (In thousands) Revenue: United States $ 345,618 $ 490,049 $ 707,844 $ 895,557 All other countries 29,450 25,733 59,631 56,384 Total $ 375,068 $ 515,782 $ 767,475 $ 951,941
Schedule of Long-lived Assets by Geographic Areas	June 30, 2023 December 31, 2022 (In thousands) Long-lived assets (excluding goodwill, intangible assets, and ROU assets): United States $ 124,685 $ 147,322 All other countries 4,985 6,533 Total $ 129,670 $ 153,855
Schedule of Reconciliation of Adjusted EBITDA to Operating Income (Loss)	The following tables reconcile operating income (loss) for the Company’s reportable segments and net loss attributable to Angi Inc. shareholders to Adjusted EBITDA: Three Months Ended June 30, 2023 Operating Income (Loss) Stock-Based Depreciation Amortization Adjusted EBITDA (b) (In thousands) Ads and Leads $ 4,791 $ 5,307 $ 15,394 $ 2,663 $ 28,155 Services (5,175) $ 1,192 $ 5,683 $ — $ 1,700 Roofing (1,302) $ (167) $ 175 $ — $ (1,294) Corporate (16,568) $ 3,459 $ — $ — $ (13,109) International 1,571 $ 339 $ 927 $ — $ 2,837 Operating loss (16,683) Interest expense (5,034) Other income, net 5,188 Loss before income taxes (16,529) Income tax benefit 2,050 Net loss (14,479) Net earnings attributable to noncontrolling interests (220) Net loss attributable to Angi Inc. shareholders $ (14,699) Three Months Ended June 30, 2022 Operating Income (Loss) Stock-Based Depreciation Amortization Adjusted EBITDA (b) (In thousands) Ads and Leads $ 23,292 $ 5,404 $ 10,805 $ 2,663 $ 42,164 Services (21,051) $ 4,513 $ 1,650 $ 975 $ (13,913) Roofing (3,789) $ 385 $ 148 $ 166 $ (3,090) Corporate (18,091) $ 2,989 $ — $ — $ (15,102) International (1,247) $ 126 $ 751 $ — $ (370) Operating loss (20,886) Interest expense (5,026) Other expense, net (1,750) Loss before income taxes (27,662) Income tax benefit 3,665 Net loss (23,997) Net earnings attributable to noncontrolling interests (235) Net loss attributable to Angi Inc. shareholders $ (24,232) Six Months Ended June 30, 2023 Operating Income (Loss) Stock-Based Depreciation Amortization Adjusted (In thousands) Ads and Leads $ 18,271 $ 10,798 $ 33,612 $ 5,325 $ 68,006 Services (17,627) $ 5,401 $ 11,758 $ — $ (468) Roofing (891) $ (2) $ 420 $ — $ (473) Corporate (31,507) $ 6,044 $ — $ — $ (25,463) International 4,601 $ 766 $ 1,824 $ — $ 7,191 Operating loss (27,153) Interest expense (10,063) Other income, net 8,999 Loss before income taxes (28,217) Income tax provision (1,262) Net loss (29,479) Net earnings attributable to noncontrolling interests (545) Net loss attributable to Angi Inc. shareholders $ (30,024) Six Months Ended June 30, 2022 Operating Income (Loss) Stock-Based Depreciation Amortization Adjusted (In thousands) Ads and Leads $ 38,778 $ 10,324 $ 22,062 $ 5,325 $ 76,489 Services (46,801) $ 9,053 $ 3,318 $ 1,950 $ (32,480) Roofing (9,939) $ 1,215 $ 275 $ 333 $ (8,116) Corporate (31,113) $ 5,561 $ — $ — $ (25,552) International (5,768) $ 249 $ 1,698 $ — $ (3,821) Operating loss (54,843) Interest expense (10,048) Other expense, net (2,141) Loss before income taxes (67,032) Income tax benefit 9,748 Net loss (57,284) Net earnings attributable to noncontrolling interests (338) Net loss attributable to Angi Inc. shareholders $ (57,622)

LOSS PER SHARE (Tables)

LOSS PER SHARE (Tables)	6 Months Ended
LOSS PER SHARE (Tables)	Jun. 30, 2023
Earnings Per Share [Abstract]
Schedule of Computation of Basic and Diluted (Loss) Earnings per Share	The following table sets forth the computation of basic and diluted loss per share attributable to Angi Inc. Class A and Class B Common Stock shareholders: Three Months Ended June 30, 2023 2022 Basic Diluted Basic Diluted (In thousands, except per share data) Numerator: Net loss $ (14,479) $ (14,479) $ (23,997) $ (23,997) Net earnings attributable to noncontrolling interests (220) (220) (235) (235) Net loss attributable to Angi Inc. Class A and Class B Common Stock shareholders $ (14,699) $ (14,699) $ (24,232) $ (24,232) Denominator: Weighted average basic Class A and Class B common stock shares outstanding 506,086 506,086 502,453 502,453 Dilutive securities (a) (b) — — — — Denominator for loss per share—weighted average shares 506,086 506,086 502,453 502,453 Loss per share attributable to Angi Inc. Class A and Class B Common Stock shareholders: Loss per share $ (0.03) $ (0.03) $ (0.05) $ (0.05) Six Months Ended June 30, 2023 2022 Basic Diluted Basic Diluted (In thousands, except per share data) Numerator: Net loss $ (29,479) $ (29,479) $ (57,284) $ (57,284) Net earnings attributable to noncontrolling interests (545) (545) (338) (338) Net loss attributable to Angi Inc. Class A and Class B Common Stock shareholders $ (30,024) $ (30,024) $ (57,622) $ (57,622) Denominator: Weighted average basic Class A and Class B common stock shares outstanding 505,563 505,563 502,231 502,231 Dilutive securities (a) (b) — — — — Denominator for loss per share—weighted average shares 505,563 505,563 502,231 502,231 Loss per share attributable to Angi Inc. Class A and Class B Common Stock shareholders: Loss per share $ (0.06) $ (0.06) $ (0.11) $ (0.11) ________________________ (a) If the effect is dilutive, weighted average common shares outstanding include the incremental shares that would be issued upon the assumed exercise of stock options and subsidiary denominated equity and vesting of restricted stock units (“RSUs”). For the three and six months ended June 30, 2023 and 2022, 28.1 million and 28.7 million of potentially dilutive securities, respectively, were excluded from the calculation of diluted earnings per share because their inclusion would have been anti-dilutive. Accordingly, the weighted average basic shares outstanding were used to compute all earnings per share amounts. (b) Market-based awards and performance-based stock units (“PSUs”) are considered contingently issuable shares. Shares issuable upon exercise or vesting of market-based awards and PSUs are included in the denominator for earnings per share if (i) the applicable market or performance condition(s) has been met and (ii) the inclusion of the market-based awards and PSUs is dilutive for the respective reporting periods. For the three and six months ended June 30, 2023 and 2022, 0.7 million and 4.4 million underlying market-based awards and PSUs, respectively, were excluded from the calculation of diluted earnings per share because the market or performance condition(s) had not been met.

CONSOLIDATED FINANCIAL STATEM_2

CONSOLIDATED FINANCIAL STATEMENT DETAILS (Tables)	6 Months Ended
CONSOLIDATED FINANCIAL STATEMENT DETAILS (Tables)	Jun. 30, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Schedule of Restricted Cash	The following table provides a reconciliation of cash and cash equivalents and restricted cash reported within the accompanying balance sheet to the total amounts shown in the accompanying statement of cash flows: June 30, 2023 December 31, 2022 June 30, 2022 December 31, 2021 (In thousands) Cash and cash equivalents $ 370,579 $ 321,155 $ 360,950 $ 428,136 Restricted cash included in other current assets — 107 130 156 Restricted cash included in other non-current assets 380 874 870 1,193 Total cash and cash equivalents, and restricted cash as shown on the consolidated statement of cash flows $ 370,959 $ 322,136 $ 361,950 $ 429,485
Schedule of Cash and Cash Equivalents	The following table provides a reconciliation of cash and cash equivalents and restricted cash reported within the accompanying balance sheet to the total amounts shown in the accompanying statement of cash flows: June 30, 2023 December 31, 2022 June 30, 2022 December 31, 2021 (In thousands) Cash and cash equivalents $ 370,579 $ 321,155 $ 360,950 $ 428,136 Restricted cash included in other current assets — 107 130 156 Restricted cash included in other non-current assets 380 874 870 1,193 Total cash and cash equivalents, and restricted cash as shown on the consolidated statement of cash flows $ 370,959 $ 322,136 $ 361,950 $ 429,485
Schedule of Allowance for Credit Loss	The following table presents the changes in the allowance for credit losses for the six months ended June 30, 2023 and 2022: 2023 2022 (In thousands) Balance at January 1 $ 43,160 $ 33,652 Current period provision for credit losses 46,876 47,926 Write-offs charged against the allowance for credit losses (52,874) (40,764) Recoveries collected 2,966 2,709 Balance at June 30 $ 40,128 $ 43,523
Schedule of Accumulated Amortization and Depreciation	The following table provides the accumulated amortization and depreciation within the consolidated balance sheet: Asset Category June 30, 2023 December 31, 2022 (In thousands) Right-of-use assets (included in “other non-current assets”) $ 68,186 $ 61,818 Capitalized software, leasehold improvements, and equipment $ 178,722 $ 146,608 Intangible assets $ 177,064 $ 172,341
Schedule of Other Expense, Net	Three Months Ended June 30, Six Months Ended June 30, 2023 2022 2023 2022 Interest income $ 4,156 $ 515 $ 7,579 $ 579 Foreign exchange gains (losses) 1,039 (2,264) 1,426 (2,720) Other (7) (1) (6) — Other income (expense), net $ 5,188 $ (1,750) $ 8,999 $ (2,141)

THE COMPANY AND SUMMARY OF SI_3

THE COMPANY AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Narrative (Details) $ in Thousands, project in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2023 USD ($) project professional	Jun. 30, 2022 USD ($)	Jun. 30, 2023 USD ($) category project segment professional	Jun. 30, 2022 USD ($)	Dec. 31, 2022 USD ($)	Dec. 31, 2021 USD ($)
Noncontrolling Interest [Line Items]
Number of service categories (more than) \| category			500
Number of domestic service professionals (over) \| professional	207,000		207,000
Number of projects \| project	27		27
Number of operating segments \| segment			4
Revenue	$ 375,068	$ 515,782	$ 767,475	$ 951,941
Current deferred revenue	53,990		53,990		$ 50,907	$ 53,800
Non-current deferred revenue	100		100		$ 100	$ 100
Deferred revenue recognized			40,100	$ 45,800
Change In Accounting Principle, Recording Revenue On Net Basis
Noncontrolling Interest [Line Items]
Revenue	$ (71,100)		$ (122,800)
Angi \| IAC
Noncontrolling Interest [Line Items]
Economic interest (as a percent)	83.90%		83.90%
Voting interest (as a percent)	98.10%		98.10%

FINANCIAL INSTRUMENTS AND FAI_3

FINANCIAL INSTRUMENTS AND FAIR VALUE MEASUREMENTS - Marketable Securities (Details) - USD ($)	Jun. 30, 2023	Dec. 31, 2022
Fair Value Disclosures [Abstract]
Marketable debt securities	$ 0	$ 0

FINANCIAL INSTRUMENTS AND FAI_4

FINANCIAL INSTRUMENTS AND FAIR VALUE MEASUREMENTS - Assets Measured at Fair Value on a Recurring Basis (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022
Assets:
Total		$ 213,961
Quoted Market Prices for Identical Assets in Active Markets (Level 1)
Assets:
Total		189,000
Significant Other Observable Inputs (Level 2)
Assets:
Total		24,961
Significant Unobservable Inputs (Level 3)
Assets:
Total		0
Money market funds
Assets:
Cash equivalents	$ 293,434	189,000
Money market funds \| Quoted Market Prices for Identical Assets in Active Markets (Level 1)
Assets:
Cash equivalents	293,434	189,000
Money market funds \| Significant Other Observable Inputs (Level 2)
Assets:
Cash equivalents	0	0
Money market funds \| Significant Unobservable Inputs (Level 3)
Assets:
Cash equivalents	$ 0	0
Treasury discount notes
Assets:
Cash equivalents		24,961
Treasury discount notes \| Quoted Market Prices for Identical Assets in Active Markets (Level 1)
Assets:
Cash equivalents		0
Treasury discount notes \| Significant Other Observable Inputs (Level 2)
Assets:
Cash equivalents		24,961
Treasury discount notes \| Significant Unobservable Inputs (Level 3)
Assets:
Cash equivalents		$ 0

FINANCIAL INSTRUMENTS AND FAI_5

FINANCIAL INSTRUMENTS AND FAIR VALUE MEASUREMENTS - Carrying Value and Fair Value of Financial Instruments (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022
Carrying Value
Balance Sheet Grouping, Financial Statement Captions [Line Items]
Long-term debt, net	$ (495,660)	$ (495,284)
Unamortized debt issuance costs	4,300	4,700
Fair Value
Balance Sheet Grouping, Financial Statement Captions [Line Items]
Long-term debt, net	$ (405,000)	$ (368,750)

LONG-TERM DEBT - Summary (Detai

LONG-TERM DEBT - Summary (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022
Debt Instrument
Less: unamortized debt issuance costs	$ 4,340	$ 4,716
Total long-term debt, net	495,660	495,284
3.875% Senior Notes \| Senior Notes
Debt Instrument
Total long-term debt	$ 500,000	$ 500,000
Interest rate, stated percentage	3.875%

LONG-TERM DEBT - Narrative (Det

LONG-TERM DEBT - Narrative (Details)	Jun. 30, 2023
3.875% Senior Notes \| Senior Notes
Debt Instrument
Leverage ratio, maximum	3.75

ACCUMULATED OTHER COMPREHENSI_3

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Accumulated Other Comprehensive Income (Loss)
Balance at beginning of period			$ 1,048,384,000
Other comprehensive income (loss)	$ 1,914,000	$ (3,225,000)	2,418,000	$ (3,971,000)
Balance at end of period	1,038,245,000		1,038,245,000
Tax benefit or provision on accumulated other comprehensive loss	0	0	0	0
Foreign Currency Translation Adjustment
Accumulated Other Comprehensive Income (Loss)
Balance at beginning of period	(713,000)	2,506,000	(1,172,000)	3,309,000
Other comprehensive income (loss)	1,835,000	(2,899,000)	2,294,000	(3,702,000)
Balance at end of period	1,122,000	(393,000)	1,122,000	(393,000)
Unrealized Gains on Available-For-Sale Debt Securities
Accumulated Other Comprehensive Income (Loss)
Balance at beginning of period	2,000		0
Other comprehensive income (loss)	(2,000)		0
Balance at end of period	0		0
Accumulated Other Comprehensive (Loss) Income
Accumulated Other Comprehensive Income (Loss)
Balance at beginning of period	(711,000)	2,506,000	(1,172,000)	3,309,000
Other comprehensive income (loss)	1,833,000	(2,899,000)	2,294,000	(3,702,000)
Balance at end of period	$ 1,122,000	$ (393,000)	$ 1,122,000	$ (393,000)

SEGMENT INFORMATION - Revenue b

SEGMENT INFORMATION - Revenue by Reportable Segment (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Segment Reporting Information [Line Items]
Revenue	$ 375,068	$ 515,782	$ 767,475	$ 951,941
Operating Income (Loss)	(16,683)	(20,886)	(27,153)	(54,843)
Ads and Leads
Segment Reporting Information [Line Items]
Operating Income (Loss)	4,791	23,292	18,271	38,778
Services
Segment Reporting Information [Line Items]
Operating Income (Loss)	(5,175)	(21,051)	(17,627)	(46,801)
Roofing
Segment Reporting Information [Line Items]
Operating Income (Loss)	(1,302)	(3,789)	(891)	(9,939)
Corporate
Segment Reporting Information [Line Items]
Operating Income (Loss)	(16,568)	(18,091)	(31,507)	(31,113)
International
Segment Reporting Information [Line Items]
Operating Income (Loss)	1,571	(1,247)	4,601	(5,768)
Domestic
Segment Reporting Information [Line Items]
Revenue	345,835	490,794	708,310	897,000
Domestic \| Operating Segments \| Ads and Leads
Segment Reporting Information [Line Items]
Revenue	292,487	341,862	585,993	636,608
Domestic \| Operating Segments \| Services
Segment Reporting Information [Line Items]
Revenue	29,867	108,232	61,926	184,682
Domestic \| Operating Segments \| Roofing
Segment Reporting Information [Line Items]
Revenue	24,482	42,650	62,854	79,337
Domestic \| Intersegment Eliminations
Segment Reporting Information [Line Items]
Revenue	(1,001)	(1,950)	(2,463)	(3,627)
International
Segment Reporting Information [Line Items]
Revenue	$ 29,233	$ 24,988	$ 59,165	$ 54,941

SEGMENT INFORMATION - Revenue D

SEGMENT INFORMATION - Revenue Disaggregated by Service (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Segment Reporting Information [Line Items]
Revenue	$ 375,068	$ 515,782	$ 767,475	$ 951,941
Domestic
Segment Reporting Information [Line Items]
Revenue	345,835	490,794	708,310	897,000
Domestic \| Operating Segments \| Ads and Leads
Segment Reporting Information [Line Items]
Revenue	292,487	341,862	585,993	636,608
Domestic \| Operating Segments \| Services
Segment Reporting Information [Line Items]
Revenue	29,867	108,232	61,926	184,682
Domestic \| Operating Segments \| Roofing
Segment Reporting Information [Line Items]
Revenue	24,482	42,650	62,854	79,337
Domestic \| Intersegment Eliminations
Segment Reporting Information [Line Items]
Revenue	(1,001)	(1,950)	(2,463)	(3,627)
Domestic \| Ads and Leads \| Operating Segments \| Ads and Leads
Segment Reporting Information [Line Items]
Revenue	292,487	341,862	585,993	636,608
Domestic \| Consumer connection revenue \| Operating Segments \| Ads and Leads
Segment Reporting Information [Line Items]
Revenue	209,013	260,896	421,948	475,243
Domestic \| Advertising revenue \| Operating Segments \| Ads and Leads
Segment Reporting Information [Line Items]
Revenue	70,047	65,189	137,228	129,091
Domestic \| Membership subscription revenue \| Operating Segments \| Ads and Leads
Segment Reporting Information [Line Items]
Revenue	13,231	15,554	26,430	31,791
Domestic \| Other revenue \| Operating Segments \| Ads and Leads
Segment Reporting Information [Line Items]
Revenue	196	223	387	483
Domestic \| Services revenue \| Operating Segments \| Services
Segment Reporting Information [Line Items]
Revenue	29,867	108,232	61,926	184,682
Domestic \| Roofing revenue \| Operating Segments \| Roofing
Segment Reporting Information [Line Items]
Revenue	24,482	42,650	62,854	79,337
International
Segment Reporting Information [Line Items]
Revenue	29,233	24,988	59,165	54,941
International \| Consumer connection revenue
Segment Reporting Information [Line Items]
Revenue	23,371	16,941	48,116	38,744
International \| Service professional membership subscription revenue
Segment Reporting Information [Line Items]
Revenue	5,753	7,758	10,811	15,614
International \| Advertising and other revenue
Segment Reporting Information [Line Items]
Revenue	$ 109	$ 289	$ 238	$ 583

SEGMENT INFORMATION - Revenue a

SEGMENT INFORMATION - Revenue and Long-Lived Assets (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022	Dec. 31, 2022
Revenue and Long-lived Assets by Geography
Revenue	$ 375,068	$ 515,782	$ 767,475	$ 951,941
Long-lived assets (excluding goodwill and intangible assets)	129,670		129,670		$ 153,855
United States
Revenue and Long-lived Assets by Geography
Revenue	345,618	490,049	707,844	895,557
Long-lived assets (excluding goodwill and intangible assets)	124,685		124,685		147,322
All other countries
Revenue and Long-lived Assets by Geography
Revenue	29,450	$ 25,733	59,631	$ 56,384
Long-lived assets (excluding goodwill and intangible assets)	$ 4,985		$ 4,985		$ 6,533

SEGMENT INFORMATION - Operating

SEGMENT INFORMATION - Operating Income (loss) and Adjusted EBITDA by Segment (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Segment Reporting Information [Line Items]
Operating Income (Loss)	$ (16,683)	$ (20,886)	$ (27,153)	$ (54,843)
Ads and Leads
Segment Reporting Information [Line Items]
Operating Income (Loss)	4,791	23,292	18,271	38,778
Adjusted EBITDA	28,155	42,164	68,006	76,489
Services
Segment Reporting Information [Line Items]
Operating Income (Loss)	(5,175)	(21,051)	(17,627)	(46,801)
Adjusted EBITDA	1,700	(13,913)	(468)	(32,480)
Roofing
Segment Reporting Information [Line Items]
Operating Income (Loss)	(1,302)	(3,789)	(891)	(9,939)
Adjusted EBITDA	(1,294)	(3,090)	(473)	(8,116)
Corporate
Segment Reporting Information [Line Items]
Operating Income (Loss)	(16,568)	(18,091)	(31,507)	(31,113)
Adjusted EBITDA	(13,109)	(15,102)	(25,463)	(25,552)
International
Segment Reporting Information [Line Items]
Operating Income (Loss)	1,571	(1,247)	4,601	(5,768)
Adjusted EBITDA	$ 2,837	$ (370)	$ 7,191	$ (3,821)

SEGMENT INFORMATION - Reconcili

SEGMENT INFORMATION - Reconciliation of Adjusted EBITDA to Operating Income (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Segment Reporting, Other Significant Reconciling Item
Operating Income (Loss)	$ (16,683)	$ (20,886)	$ (27,153)	$ (54,843)
Stock-Based Compensation Expense	10,130	13,417	23,007	26,402
Amortization of Intangibles	2,663	3,804	5,325	7,608
Interest expense	(5,034)	(5,026)	(10,063)	(10,048)
Other income (expense), net	5,188	(1,750)	8,999	(2,141)
Loss before income taxes	(16,529)	(27,662)	(28,217)	(67,032)
Income tax benefit (provision)	2,050	3,665	(1,262)	9,748
Net loss	(14,479)	(23,997)	(29,479)	(57,284)
Net earnings attributable to noncontrolling interests	(220)	(235)	(545)	(338)
Net loss attributable to Angi Inc. shareholders	(14,699)	(24,232)	(30,024)	(57,622)
Ads and Leads
Segment Reporting, Other Significant Reconciling Item
Operating Income (Loss)	4,791	23,292	18,271	38,778
Stock-Based Compensation Expense	5,307	5,404	10,798	10,324
Depreciation	15,394	10,805	33,612	22,062
Amortization of Intangibles	2,663	2,663	5,325	5,325
Adjusted EBITDA	28,155	42,164	68,006	76,489
Services
Segment Reporting, Other Significant Reconciling Item
Operating Income (Loss)	(5,175)	(21,051)	(17,627)	(46,801)
Stock-Based Compensation Expense	1,192	4,513	5,401	9,053
Depreciation	5,683	1,650	11,758	3,318
Amortization of Intangibles	0	975	0	1,950
Adjusted EBITDA	1,700	(13,913)	(468)	(32,480)
Roofing
Segment Reporting, Other Significant Reconciling Item
Operating Income (Loss)	(1,302)	(3,789)	(891)	(9,939)
Stock-Based Compensation Expense	(167)	385	(2)	1,215
Depreciation	175	148	420	275
Amortization of Intangibles	0	166	0	333
Adjusted EBITDA	(1,294)	(3,090)	(473)	(8,116)
Corporate
Segment Reporting, Other Significant Reconciling Item
Operating Income (Loss)	(16,568)	(18,091)	(31,507)	(31,113)
Stock-Based Compensation Expense	3,459	2,989	6,044	5,561
Depreciation	0	0	0	0
Amortization of Intangibles	0	0	0	0
Adjusted EBITDA	(13,109)	(15,102)	(25,463)	(25,552)
International
Segment Reporting, Other Significant Reconciling Item
Operating Income (Loss)	1,571	(1,247)	4,601	(5,768)
Stock-Based Compensation Expense	339	126	766	249
Depreciation	927	751	1,824	1,698
Amortization of Intangibles	0	0	0	0
Adjusted EBITDA	$ 2,837	$ (370)	$ 7,191	$ (3,821)

INCOME TAXES - Narrative (Detai

INCOME TAXES - Narrative (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
INCOME TAXES - Narrative (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022	Dec. 31, 2022
Income Tax Disclosure [Abstract]
Income tax benefit due to higher estimated effective tax rate	$ 3,000
Income tax benefit (provision)	$ 2,050	$ 3,665	$ (1,262)	$ 9,748
Effective income tax rate (as a percent)	12%	13%		15%
Unrecognized tax benefits including tax interest accrued	$ 7,000		7,000		$ 6,200
Unrecognized tax benefits that if subsequently recognized would reduce income tax expense	6,600		6,600		$ 5,800
Decrease in unrecognized tax benefits is reasonably possible	200		200
Unrecognized tax benefits that would reduce income tax provision	100		100
Deferred tax assets	210,200		210,200
Portion of deferred tax assets that will be utilized upon future reversal of deferred tax liabilities	22,800		22,800
Portion of deferred tax assets that will be utilized based on forecasts of future taxable income	187,400		187,400
Deferred tax assets, U.S. federal operating loss carryforwards	$ 108,100		108,100
Future taxable income			$ 514,500

LOSS PER SHARE - Summary (Detai

LOSS PER SHARE - Summary (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Earnings Per Share [Abstract]
Net loss	$ (14,479)	$ (23,997)	$ (29,479)	$ (57,284)
Net earnings attributable to noncontrolling interests	(220)	(235)	(545)	(338)
Net loss attributable to Angi Inc. shareholders	$ (14,699)	$ (24,232)	$ (30,024)	$ (57,622)
Weighted average basic Class A and Class B common stock shares outstanding, basic (in shares)	506,086	502,453	505,563	502,231
Dilutive securities (in shares)	0	0	0	0
Denominator for loss per share - weighted average shares, diluted (shares)	506,086	502,453	505,563	502,231
Loss per share attributable to Angi Inc. shareholders:
Loss per share, basic (USD per share)	$ (0.03)	$ (0.05)	$ (0.06)	$ (0.11)
Loss per share, diluted (USD per share)	$ (0.03)	$ (0.05)	$ (0.06)	$ (0.11)
Stock Options and Subsidiary Denominated Equity and Vesting of Restricted Common Stock, Restricted Stock Units (RSU's)
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Potentially dilutive securities excluded from calculation of diluted earnings per share (shares)			28,100	28,700
Market-based Awards and PSUs
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Potentially dilutive securities excluded from calculation of diluted earnings per share (shares)			700	4,400

CONSOLIDATED FINANCIAL STATEM_3

CONSOLIDATED FINANCIAL STATEMENT DETAILS - Cash, Cash Equivalents, and Restricted Cash (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022	Jun. 30, 2022	Dec. 31, 2021
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Cash and cash equivalents	$ 370,579	$ 321,155	$ 360,950	$ 428,136
Restricted cash included in other current assets	0	107	130	156
Restricted cash included in other non-current assets	380	874	870	1,193
Total cash and cash equivalents, and restricted cash as shown on the consolidated statement of cash flows	$ 370,959	$ 322,136	$ 361,950	$ 429,485

CONSOLIDATED FINANCIAL STATEM_4

CONSOLIDATED FINANCIAL STATEMENT DETAILS - Allowance for Credit Loss (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022
Accounts Receivable, Allowance for Credit Loss [Roll Forward]
Balance at January 1	$ 43,160	$ 33,652
Current period provision for credit losses	46,876	47,926
Write-offs charged against the allowance for credit losses	(52,874)	(40,764)
Recoveries collected	2,966	2,709
Balance at June 30	$ 40,128	$ 43,523

CONSOLIDATED FINANCIAL STATEM_5

CONSOLIDATED FINANCIAL STATEMENT DETAILS - Accumulated Amortization and Depreciation (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022
Depreciation, Depletion and Amortization [Abstract]
Right-of-use assets (included in “other non-current assets”)	$ 68,186	$ 61,818
Capitalized software, leasehold improvements, and equipment	178,722	146,608
Intangible assets	$ 177,064	$ 172,341

CONSOLIDATED FINANCIAL STATEM_6

CONSOLIDATED FINANCIAL STATEMENT DETAILS - Other Income (Expense), Net (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Interest income	$ 4,156	$ 515	$ 7,579	$ 579
Foreign exchange gains (losses)	1,039	(2,264)	1,426	(2,720)
Other	(7)	(1)	(6)	0
Other income (expense), net	$ 5,188	$ (1,750)	$ 8,999	$ (2,141)

CONTINGENCIES - Narrative (Deta

CONTINGENCIES - Narrative (Details) $ in Millions	Jun. 30, 2023 USD ($)
Commitments and Contingencies Disclosure [Abstract]
Loss contingency reserve	$ 9.8

RELATED PARTY TRANSACTIONS WI_2

RELATED PARTY TRANSACTIONS WITH IAC - Narrative (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022	Dec. 31, 2022
Related Party Transaction [Line Items]
Accounts payable	$ 36,925,000		$ 36,925,000		$ 30,862,000
Revenue	375,068,000	$ 515,782,000	767,475,000	$ 951,941,000
Other non-current assets, net	53,075,000		53,075,000		63,207,000
Accounts receivable, net	78,484,000		78,484,000		93,880,000
Chief Executive Officer
Related Party Transaction [Line Items]
Expenses from related party transactions	2,300,000		4,600,000
IAC
Related Party Transaction [Line Items]
Other non-current assets, net	200,000		200,000
IAC \| Services Agreement
Related Party Transaction [Line Items]
Expenses from related party transactions	1,500,000	900,000	3,100,000	1,300,000
Accounts payable	0		0		800,000
IAC \| Tax Sharing Agreement
Related Party Transaction [Line Items]
Expenses from related party transactions	0	0	0	0
Accounts payable	2,400,000		2,400,000		1,400,000
IAC \| Sublease Agreement
Related Party Transaction [Line Items]
Expenses from related party transactions	300,000	300,000	600,000	600,000
Accounts payable	0		0		0
Revenue	200,000	400,000	600,000	800,000
Accounts receivable, net	0		0		$ 0
Related Party
Related Party Transaction [Line Items]
Accounts payable	1,200,000		1,200,000
Advertising expense	$ 1,800,000	$ 1,900,000	$ 3,600,000	$ 3,500,000