Angi (ANGI) 10-Q 7 May 24 2024 Q1 Quarterly report Financial data

Cover Page

Cover Page - shares	3 Months Ended
	Mar. 31, 2024	May 03, 2024
Document Information [Line Items]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Mar. 31, 2024
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
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2024
Document Fiscal Period Focus	Q1
Amendment Flag	false
Class A Common Stock
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		79,722,608
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	Mar. 31, 2024	Dec. 31, 2023
ASSETS
Cash and cash equivalents	$ 363,337	$ 364,044
Accounts receivable, net	60,810	51,100
Other current assets	57,662	72,075
Total current assets	481,809	487,219
Capitalized software, leasehold improvements and equipment, net	99,893	109,527
Goodwill	885,234	886,047
Intangible assets, net	170,612	170,773
Deferred income taxes	147,258	148,183
Other non-current assets, net	50,169	54,466
TOTAL ASSETS	1,834,975	1,856,215
LIABILITIES:
Accounts payable	30,534	29,467
Deferred revenue	50,084	49,859
Accrued expenses and other current liabilities	161,606	179,329
Total current liabilities	242,224	258,655
Long-term debt, net	496,241	496,047
Deferred income taxes	3,034	2,739
Other long-term liabilities	50,433	54,266
Commitments and contingencies	0	0
SHAREHOLDERS’ EQUITY:
Additional paid-in capital	1,454,684	1,447,353
Accumulated deficit	(232,650)	(231,019)
Accumulated other comprehensive income	442	1,187
Treasury stock, $27,468 and $24,640 shares, respectively	(183,983)	(177,283)
Total Angi Inc. shareholders’ equity	1,039,024	1,040,767
Noncontrolling interests	4,019	3,741
Total shareholders’ equity	1,043,043	1,044,508
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY	1,834,975	1,856,215
Class A Common Stock
SHAREHOLDERS’ EQUITY:
Common stock, value	109	107
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	Mar. 31, 2024	Dec. 31, 2023
Treasury stock (in shares)	27,468,000	24,640,000
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)	108,870,000	106,848,000
Common stock outstanding (in shares)	81,402,000	82,208,000
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
	Mar. 31, 2024	Mar. 31, 2023
Revenue	$ 305,390	$ 355,497
Cost of revenue (exclusive of depreciation shown separately below)	12,497	16,937
Gross Profit	292,893	338,560
Operating costs and expenses:
Selling and marketing expense	157,051	199,610
General and administrative expense	85,521	96,667
Product development expense	23,756	25,312
Depreciation	23,849	25,190
Amortization of intangibles	0	2,662
Total operating costs and expenses	290,177	349,441
Operating income (loss)	2,716	(10,881)
Interest expense	(5,038)	(5,029)
Other income, net	4,484	3,807
Earnings (loss) from continuing operations before income taxes	2,162	(12,103)
Income tax provision	(3,479)	(1,884)
Net loss from continuing operations	(1,317)	(13,987)
Loss from discontinued operations, net of tax	0	(1,013)
Net loss	(1,317)	(15,000)
Net earnings attributable to noncontrolling interests	(314)	(325)
Net loss attributable to Angi Inc. shareholders	$ (1,631)	$ (15,325)
Per share information from continuing operations:
Basic loss per share (USD per share)	$ 0	$ (0.03)
Diluted loss per share (USD per share)	0	(0.03)
Per share information attributable to Angi Inc. shareholders:
Basic loss per share (USD per share)	0	(0.03)
Diluted loss per share (USD per share)	$ 0	$ (0.03)
Stock-based compensation expense by function:
Total stock-based compensation expense	$ 9,397	$ 12,712
Selling and marketing expense
Stock-based compensation expense by function:
Total stock-based compensation expense	1,232	1,252
General and administrative expense
Stock-based compensation expense by function:
Total stock-based compensation expense	7,193	8,761
Product development expense
Stock-based compensation expense by function:
Total stock-based compensation expense	$ 972	$ 2,699

CONSOLIDATED STATEMENT OF COMPR

CONSOLIDATED STATEMENT OF COMPREHENSIVE OPERATIONS - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Statement of Comprehensive Income [Abstract]
Net loss	$ (1,317)	$ (15,000)
Other comprehensive (loss) income:
Change in foreign currency translation adjustment	(781)	502
Change in unrealized gains on available-for-sale marketable debt securities	0	2
Total other comprehensive (loss) income	(781)	504
Comprehensive loss	(2,098)	(14,496)
Components of comprehensive income attributable to noncontrolling interests:
Net earnings attributable to noncontrolling interests	(314)	(325)
Change in foreign currency translation adjustment attributable to noncontrolling interests	36	(43)
Comprehensive income attributable to noncontrolling interests	(278)	(368)
Comprehensive loss attributable to Angi Inc. shareholders	$ (2,376)	$ (14,864)

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	Treasury Stock	Noncontrolling Interests
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	(15,000)	(15,325)				(15,325)			325
Other comprehensive income (loss)	504	461					461		43
Stock-based compensation expense	13,870	13,870			13,870
Issuance of common stock pursuant to stock-based awards, net of withholding taxes	(2,410)	(2,410)	$ 1		(2,411)
Issuance of common stock pursuant to stock-based awards, net of withholding taxes (in shares)			1,308
Other	(5)	(5)			(5)
Balance at end 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 end of period (in shares) at Mar. 31, 2023			104,119	422,019
Balance at beginning of period at Dec. 31, 2023	1,044,508	1,040,767	$ 107	$ 422	1,447,353	(231,019)	1,187	(177,283)	3,741
Balance at beginning of period (in shares) at Dec. 31, 2023			106,848	422,019
Increase (Decrease) in Shareholders' Equity
Net (loss) earnings	(1,317)	(1,631)				(1,631)			314
Other comprehensive income (loss)	(781)	(745)					(745)		(36)
Stock-based compensation expense	11,019	11,019			11,019
Issuance of common stock pursuant to stock-based awards, net of withholding taxes	(3,264)	(3,264)	$ 2		(3,266)
Issuance of common stock pursuant to stock-based awards, net of withholding taxes (in shares)			2,022
Purchase of treasury stock	(6,700)	(6,700)						(6,700)
Other	(422)	(422)			(422)
Balance at end of period at Mar. 31, 2024	$ 1,043,043	$ 1,039,024	$ 109	$ 422	$ 1,454,684	$ (232,650)	$ 442	$ (183,983)	$ 4,019
Balance at end of period (in shares) at Mar. 31, 2024			108,870	422,019

CONSOLIDATED STATEMENT OF SHA_2

CONSOLIDATED STATEMENT OF SHAREHOLDERS' EQUITY (Parenthetical) - $ / shares	Mar. 31, 2024	Mar. 31, 2023
Class A 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, par value (USD per share)	0.001
Class C Common Stock $0.001 Par Value
Common stock, par value (USD per share)	0.001
Common Stock | Class A Common Stock $0.001 Par Value
Common stock, par value (USD per share)	0.001	$ 0.001
Common Stock | Class B Convertible Common Stock $0.001 Par Value
Common stock, par value (USD per share)	0.001	0.001
Common Stock | Class C Common Stock $0.001 Par Value
Common stock, par value (USD per share)	$ 0.001	$ 0.001

CONSOLIDATED STATEMENT OF CASH

CONSOLIDATED STATEMENT OF CASH FLOWS - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Cash flows from operating activities attributable to continuing operations:
Net loss	$ (1,317)	$ (15,000)
Less: Loss from discontinued operations, net of tax	0	(1,013)
Net loss attributable to continuing operations	(1,317)	(13,987)
Adjustments to reconcile net loss to net cash provided by operating activities attributable to continuing operations:
Depreciation	23,849	25,190
Provision for credit losses	15,910	23,731
Stock-based compensation expense	9,397	12,712
Non-cash lease expense (including impairment of right-of-use assets)	4,752	3,532
Deferred income taxes	1,253	(282)
Amortization of intangibles	0	2,662
Other adjustments, net	384	(366)
Changes in assets and liabilities, net of effects of acquisitions and dispositions:
Accounts receivable	(25,761)	(22,402)
Other assets	13,320	4,758
Accounts payable and other liabilities	(17,417)	(10,289)
Operating lease liabilities	(4,487)	(4,578)
Income taxes payable and receivable	2,148	845
Deferred revenue	265	(354)
Net cash provided by operating activities attributable to continuing operations	22,296	21,172
Cash flows from investing activities attributable to continuing operations:
Capital expenditures	(12,798)	(11,862)
Purchases of marketable debt securities	0	(12,362)
Proceeds from sales of fixed assets	6	10
Net cash used in investing activities attributable to continuing operations	(12,792)	(24,214)
Cash flows from financing activities attributable to continuing operations:
Purchases of treasury stock	(6,860)	0
Withholding taxes paid on behalf of employees on net settled stock-based awards	(3,214)	(1,379)
Net cash used in financing activities attributable to continuing operations	(10,074)	(1,379)
Total cash used in continuing operations	(570)	(4,421)
Net cash used in operating activities attributable to discontinued operations	0	(2,111)
Net cash provided by investing activities attributable to discontinued operations	0	57
Total cash used in discontinued operations	0	(2,054)
Effect of exchange rate changes on cash and cash equivalents and restricted cash	(141)	179
Net decrease in cash and cash equivalents and restricted cash	(711)	(6,296)
Cash and cash equivalents and restricted cash at beginning of period	364,301	322,136
Cash and cash equivalents and restricted cash at end of period	$ 363,590	$ 315,840

THE COMPANY AND SUMMARY OF SIGN

THE COMPANY AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	3 Months Ended
	Mar. 31, 2024
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. Approximately 192,000 transacting service professionals actively sought consumer matches, completed jobs, or advertised work through Angi Inc. platforms during the three months ended March 31, 2024. Additionally, consumers turned to at least one of our businesses to find a service professional for approximately 21 million projects during the twelve months ended March 31, 2024. The Company has three operating segments: (i) Ads and Leads; (ii) Services; and (iii) International (consisting of businesses in Europe and Canada) and operates under multiple brands including Angi, HomeAdvisor, and Handy. Ads and Leads provides service professionals the capability to engage with potential customers, including quoting 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, pre-priced booking services, and related tools and directories are provided to consumers free of charge. 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 March 31, 2024, IAC Inc. (“IAC”) owned 84.3% and 98.2% of the economic and voting interests, respectively, of the Company. Total Home Roofing, LLC Sale On November 1, 2023, Angi Inc. completed the sale of 100% of its wholly-owned subsidiary, Total Home Roofing, LLC (“THR,” which comprised its Roofing segment), and has reflected it as a discontinued operation in its financial statements. See “ Note 1 1 — Discontinued Operations ” for additional details. The financial information for prior periods has been recast to conform to this presentation. Basis of Presentation and Consolidation The Company prepares its consolidated financial statements (referred to herein as “financial statements”) in accordance with United States (“U.S.”) generally accepted accounting principles (“GAAP”). The 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. The unaudited interim financial statements have been prepared in accordance with GAAP for interim financial information and with the rules and regulations of the Securities and Exchange Commission ("SEC"). Accordingly, they do not include all of the information and notes required by GAAP for complete annual financial statements. In the opinion of management, the unaudited interim financial statements include all normal recurring adjustments considered necessary for a fair presentation. Interim results are not necessarily indicative of the results that may be expected for the full year. The unaudited interim financial statements should be read in conjunction with the annual audited financial statements and notes thereto included in the Company's Annual Report on Form 10-K for the year ended December 31, 2023. Accounting Estimates Management of the Company is required to make certain estimates, judgments, and assumptions during the preparation of its 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; 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 all long-lived assets, including goodwill and indefinite-lived intangible assets; contingencies; 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 authorized 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 services or goods is transferred to the Company’s customers and in an amount that reflects the consideration the Company expects to be entitled to in exchange for those services or goods. 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, 2023, the current and non-current deferred revenue balances were $49.9 million and $0.1 million, respectively, and during the three months ended March 31, 2024, the Company recognized $32.6 million of revenue that was included in the deferred revenue balance as of December 31, 2023. At December 31, 2022, the current and non-current deferred revenue balances were $50.1 million and $0.1 million, respectively, and during the three months ended March 31, 2023, the Company recognized $31.9 million of revenue that was included in the deferred revenue balance as of December 31, 2022. The current and non-current deferred revenue balances at March 31, 2024 are $50.1 million and less than $0.1 million, respectively. Non-current deferred revenue is included in “Other long-term liabilities” in the 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”) Topic 606 (“ASC 606”), Revenue from Contracts with Customers, 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 it has the right to invoice for services performed. The Company also applies the practical expedient to expense sales commissions as incurred where the anticipated customer relationship period is one year or less. Recent Accounting Pronouncements Recent Accounting Pronouncements Adopted by the Company There are no recently issued accounting pronouncements adopted by the Company during the three months ended March 31, 2024. Recent Accounting Pronouncements Not Yet Adopted by the Company Accounting Standards Update (“ASU”) 2023-07— Segment Reporting (Topic 280)— Improvements to Reportable Segment Disclosures In November 2023, the FASB issued ASU No. 2023-07 , which is intended to provide users of financial statements with more decision-useful information about reportable segments of a public business entity, primarily through enhanced disclosures of significant segment expenses. This ASU requires annual and interim disclosures of significant expenses that are regularly provided to the chief operating decision maker ("CODM") and included within each reported measure of segment profit or loss and an amount and description of its composition of other segment items. The provisions of this ASU also require entities to include all annual disclosures required by Topic 280 in the interim periods and permits entities to include multiple measures of a segment's profit or loss if such measures are used by the CODM to assess segment performance and determine allocation of resources, provided that at least one of those measures is determined in a way that is consistent with the measurement principles under GAAP. The amendments in ASU 2023-07 apply retrospectively and are effective for fiscal years beginning after December 15, 2023 and interim periods after December 15, 2024. Early adoption is permitted. The Company does not plan to early adopt and is currently assessing the impact of adopting the updated guidance on the financial statements. ASU 2023-09— Income Taxes (Topic 740)— Improvements to Income Tax Disclosures In December 2023, the FASB issued ASU No. 2023-09, which establishes required categories and a quantitative threshold to the annual tabular rate reconciliation disclosure and disaggregated jurisdictional disclosures of income taxes paid. The guidance’s annual requirements are effective for the Company beginning with the December 31, 2025 reporting period. Early adoption is permitted and prospective disclosure should be applied, however, retrospective disclosure is permitted. The Company is currently assessing the pronouncement and its impact on its income tax disclosures, but it does not impact the Company’s results of operations, financial condition, or cash flows.

FINANCIAL INSTRUMENTS AND FAIR

FINANCIAL INSTRUMENTS AND FAIR VALUE MEASUREMENTS	3 Months Ended
	Mar. 31, 2024
Fair Value Disclosures [Abstract]
FINANCIAL INSTRUMENTS AND FAIR VALUE MEASUREMENTS	FINANCIAL INSTRUMENTS AND 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. The following tables present the Company’s financial instruments that are measured at fair value on a recurring basis: March 31, 2024 Level 1 Level 2 Level 3 Total (In thousands) Assets: Cash equivalents: Money market funds $ 171,245 $ — $ — $ 171,245 Treasury discount notes — 112,058 — 112,058 Total $ 171,245 $ 112,058 $ — $ 283,303 December 31, 2023 Level 1 Level 2 Level 3 Total (In thousands) Assets: Cash equivalents: Money market funds $ 215,891 $ — $ — $ 215,891 Treasury discount notes — 74,802 — 74,802 Total $ 215,891 $ 74,802 $ — $ 290,693 Financial instruments measured at fair value only for disclosure purposes

LONG-TERM DEBT

LONG-TERM DEBT	3 Months Ended
	Mar. 31, 2024
Debt Disclosure [Abstract]
LONG-TERM DEBT	LONG-TERM DEBT Long-term debt consists of: March 31, 2024 December 31, 2023 (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 3,759 3,953 Total long-term debt, net $ 496,241 $ 496,047 ANGI Group, LLC (“ANGI Group”), a direct wholly-owned subsidiary of Angi Inc., issued the ANGI Group Senior Notes on August 20, 2020. These notes may be redeemed at the redemption prices, plus accrued and unpaid interest thereon, if any, as set forth in the indenture governing the notes. The indenture governing the ANGI Group Senior Notes contains a covenant that would limit ANGI Group’s ability to incur liens for borrowed money in the event a default has occurred or ANGI Group’s secured leverage ratio exceeds 3.75 to 1.0, provided that ANGI Group is permitted to incur such liens under certain permitted credit facilities indebtedness notwithstanding the ratio, all as defined in the indenture. At March 31, 2024, there were no limitations pursuant thereto.

ACCUMULATED OTHER COMPREHENSIVE

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)	3 Months Ended
	Mar. 31, 2024
Equity [Abstract]
ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)	ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) The following table presents the components of accumulated other comprehensive income (loss), which exclusively consists of foreign currency translation adjustment for the three months ended March 31, 2024: Three Months Ended March 31, 2024 2023 Foreign Currency Foreign Currency Unrealized Gains on Available-For-Sale Debt Securities Accumulated Other Comprehensive Loss (In thousands) Balance at January 1 $ 1,187 $ (1,172) $ — $ (1,172) Other comprehensive (loss) income (745) 459 2 461 Balance at March 31 $ 442 $ (713) $ 2 $ (711) There were no items reclassified out of accumulated other comprehensive income (loss) into earnings during the three months ending March 31, 2024 and 2023. At March 31, 2024, there was no tax benefit or provision on the accumulated other comprehensive loss. The income tax provision related to net unrealized gains on available-for-sale marketable debt securities was not material at March 31, 2023.

SEGMENT INFORMATION

SEGMENT INFORMATION	3 Months Ended
	Mar. 31, 2024
Segment Reporting [Abstract]
SEGMENT INFORMATION	SEGMENT INFORMATION Our reportable segments currently consist of Ads and Leads, Services, and International. Our CODM regularly reviews certain financial information by operating segment to determine allocation of resources and assess its performance. Segment profitability is determined by and presented on an Adjusted EBITDA basis consistent with the CODM’s view of profitability of its businesses, which excludes certain expenses that are required in accordance with GAAP. The following table presents revenue by reportable segment: Three Months Ended March 31, 2024 2023 (In thousands) Revenue: Domestic Ads and Leads $ 249,585 $ 293,506 Services 20,451 32,059 Total Domestic 270,036 325,565 International 35,354 29,932 Total $ 305,390 $ 355,497 The following table presents the revenue of the Company’s reportable segments disaggregated by type of service: Three Months Ended March 31, 2024 2023 (In thousands) Domestic Ads and Leads: Consumer connection revenue $ 160,531 $ 212,935 Advertising revenue 77,137 67,181 Membership subscription revenue 11,778 13,199 Other revenue 139 191 Total Ads and Leads revenue 249,585 293,506 Services revenue 20,451 32,059 Total Domestic revenue 270,036 325,565 International Consumer connection revenue 29,669 24,745 Service professional membership subscription revenue 5,382 5,058 Advertising and other revenue 303 129 Total International revenue 35,354 29,932 Total revenue $ 305,390 $ 355,497 Revenue by geography is based on where the customer is located. Geographic information about revenue and long-lived assets is presented below: Three Months Ended March 31, 2024 2023 (In thousands) Revenue United States $ 269,872 $ 325,565 All other countries 35,518 29,932 Total $ 305,390 $ 355,497 March 31, 2024 December 31, 2023 (In thousands) Long-lived assets (excluding goodwill and intangible assets): United States $ 132,462 $ 145,710 All other countries 8,554 9,788 Total $ 141,016 $ 155,498 The following tables present operating income (loss) and Adjusted EBITDA by reportable segment: Three Months Ended March 31, 2024 2023 (In thousands) Operating income (loss): Ads and Leads $ 19,821 $ 13,480 Services (7,501) (12,452) Corporate (15,117) (14,939) International 5,513 3,030 Total $ 2,716 $ (10,881) Three Months Ended March 31, 2024 2023 (In thousands) Adjusted EBITDA (b) : Ads and Leads $ 41,221 $ 39,851 Services 10 (2,168) Corporate (11,921) (12,354) International 6,652 4,354 Total $ 35,962 $ 29,683 (b) The Company’s primary financial 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. We consider operating income (loss) to be the financial measure calculated and presented in accordance with GAAP that is most directly comparable to our segment reporting performance measure, Adjusted EBITDA. 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 March 31, 2024 Operating Income (Loss) Stock-Based Depreciation Adjusted EBITDA (b) (In thousands) Ads and Leads $ 19,821 $ 4,465 $ 16,935 $ 41,221 Services (7,501) 1,381 6,130 10 Corporate (15,117) 3,196 — (11,921) International 5,513 355 784 6,652 Total 2,716 $ 9,397 $ 23,849 $ 35,962 Interest expense (5,038) Other income, net 4,484 Earnings before income taxes 2,162 Income tax provision (3,479) Net loss (1,317) Net earnings attributable to noncontrolling interests (314) Net loss attributable to Angi Inc. shareholders $ (1,631) Three Months Ended March 31, 2023 Operating Income (Loss) Stock-Based Depreciation Amortization Adjusted EBITDA (b) (In thousands) Ads and Leads $ 13,480 $ 5,491 $ 18,218 $ 2,662 $ 39,851 Services (12,452) 4,209 6,075 — (2,168) Corporate (14,939) 2,585 — — (12,354) International 3,030 427 897 — 4,354 Total (10,881) $ 12,712 $ 25,190 $ 2,662 $ 29,683 Interest expense (5,029) Other income, net 3,807 Loss from continuing operations before income taxes (12,103) Income tax provision (1,884) Net loss from continuing operations (13,987) Loss from discontinued operations, net of tax (1,013) Net loss (15,000) Net earnings attributable to noncontrolling interests (325) Net loss attributable to Angi Inc. shareholders $ (15,325)

INCOME TAXES

INCOME TAXES	3 Months Ended
	Mar. 31, 2024
Income Tax Disclosure [Abstract]
INCOME TAXES	INCOME TAXES The 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 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 statement of shareholders’ equity and financing activities within the 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. For the three months ended March 31, 2024, the Company recorded an income tax provision of $3.5 million due primarily to the impact of stock-based awards and unbenefited losses, partially offset by research credits. For the three months ended March 31, 2023, the Company recorded an income tax provision of $1.9 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. 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. The Company’s income taxes are routinely under audit by federal, state, local and foreign authorities as a result of previously filed separate company and consolidated tax returns with IAC. These audits include questioning the timing and the amount of income and deductions and the allocation of income and deductions among various tax jurisdictions. The Company is not currently under audit by the Internal Revenue Service. Returns filed in various other jurisdictions are open to examination for tax years beginning with 2013. Income taxes payable include unrecognized tax benefits considered sufficient to pay assessments that may result from the examination of prior year tax returns. The Company considers many factors when evaluating and estimating its tax positions and tax benefits, which may not accurately anticipate actual outcomes and, therefore, may require periodic adjustment. Although management currently believes changes in unrecognized tax benefits from period to period and differences between amounts paid, if any, upon resolution of issues raised in audits and amounts previously provided 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. At March 31, 2024 and December 31, 2023, the Company has unrecognized tax benefits, including interest, of $8.5 million and $8.1 million, respectively; all of which are for tax positions included in IAC’s consolidated tax return filings. If unrecognized tax benefits at March 31, 2024 are subsequently recognized, the income tax provision would be reduced by $8.0 million. The comparable amount at December 31, 2023 was $7.6 million. The Company believes that it is reasonably possible that its unrecognized tax benefits could decrease by $0.2 million by March 31, 2025 due to settlements, all 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 March 31, 2024, the Company has a U.S. gross deferred tax asset of $208.7 million that the Company expects to fully utilize on a more likely than not basis. Of this amount, $22.6 million will be utilized upon the future reversal of deferred tax liabilities and the remaining net deferred tax asset of $186.1 million will be utilized based on forecasts of future taxable income. The Company's most significant net deferred tax asset that could expire relates to U.S. federal net operating loss ("NOL") carryforwards of $101.2 million. The Company expects to generate sufficient future taxable income of at least $482.1 million prior to the expiration of these NOLs, the majority of which expire between 2033 and 2037, to fully realize this deferred tax asset.

LOSS PER SHARE

LOSS PER SHARE	3 Months Ended
	Mar. 31, 2024
Earnings Per Share [Abstract]
LOSS PER SHARE	LOSS 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 March 31, 2024 2023 Basic Diluted Basic Diluted (In thousands, except per share data) Numerator: Net loss from continuing operations $ (1,317) $ (1,317) $ (13,987) $ (13,987) Net earnings attributable to noncontrolling interests of continuing operations (314) (314) (325) (325) Net loss attributable to Angi Inc. Class A and Class B Common Stock shareholders (1,631) (1,631) (14,312) (14,312) Loss from discontinued operations — — (1,013) (1,013) Net loss attributable to Angi Inc. Class A and Class B Common Stock shareholders $ (1,631) $ (1,631) $ (15,325) $ (15,325) Denominator: Weighted average basic Class A and Class B common stock shares outstanding 502,627 502,627 505,033 505,033 Dilutive securities (a) (b) — — — — Denominator for loss per share—weighted average shares 502,627 502,627 505,033 505,033 Loss per share attributable to Angi Inc. Class A and Class B Common Stock shareholders: Loss per share from continuing operations $ (0.00) $ (0.00) $ (0.03) $ (0.03) Loss per share from discontinued operations, net of tax — — (0.00) (0.00) Loss per share attributable to Angi Inc. Class A and Class B Common Stock shareholders $ (0.00) $ (0.00) $ (0.03) $ (0.03) ________________________ (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 months ended March 31, 2024 and 2023, 28.4 and 29.6 million, respectively, of potentially dilutive securities 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 loss per share amounts. (b) Market-based awards (“MSUs”) and performance-based stock units (“PSUs”) are considered contingently issuable shares. Shares issuable upon exercise or vesting of MSUs 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 MSUs and PSUs is dilutive for the respective reporting periods. For the three months ended March 31, 2024 and 2023, 0.4 million and 0.9 million underlying MSUs and PSUs, respectively, were excluded from the calculation of diluted earnings per share because the market or performance condition(s) had not been met.

FINANCIAL STATEMENT DETAILS

FINANCIAL STATEMENT DETAILS	3 Months Ended
	Mar. 31, 2024
Organization, Consolidation and Presentation of Financial Statements [Abstract]
FINANCIAL STATEMENT DETAILS	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 balance sheet to the total amounts shown in the statement of cash flows: March 31, 2024 December 31, 2023 March 31, 2023 December 31, 2022 (In thousands) Cash and cash equivalents $ 363,337 $ 364,044 $ 314,960 $ 321,155 Restricted cash included in other current assets — — — 107 Restricted cash included in other non-current assets 253 257 376 371 Restricted cash included in other non-current assets of discontinued operations — — 504 503 Total cash and cash equivalents, and restricted cash as shown on the statement of cash flows $ 363,590 $ 364,301 $ 315,840 $ 322,136 Restricted cash included in “Other current assets” in the balance sheet at December 31, 2022 primarily consisted of cash reserved to fund insurance claims. Restricted cash included in “Other non-current assets” in the balance sheets for all periods presented above primarily consisted of deposits related to leases. Credit Losses The following table presents the changes in the allowance for credit losses for the three months ended March 31, 2024 and 2023: 2024 2023 (In thousands) Balance at January 1 $ 24,684 $ 38,846 Current period provision for credit losses 15,910 23,731 Write-offs charged against the allowance for credit loss (21,087) (27,809) Recoveries collected 1,263 1,236 Balance at March 31 $ 20,770 $ 36,004 Accumulated Amortization and Depreciation The following table provides the accumulated depreciation and amortization within the balance sheet: Asset Category March 31, 2024 December 31, 2023 (In thousands) Capitalized software, leasehold improvements, and equipment $ 229,347 $ 215,357 Intangible assets $ 89,142 $ 89,229 Other income, net Three Months Ended March 31, 2024 2023 (In thousands) Interest income $ 4,709 $ 3,419 Other (225) 388 Other income, net $ 4,484 $ 3,807

CONTINGENCIES

CONTINGENCIES	3 Months Ended
	Mar. 31, 2024
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 $1.7 million at March 31, 2024. Management has also identified certain other legal matters where it believes an unfavorable outcome is not probable and, therefore, no accrual is established. Although management currently believes that resolving claims against the Company, including claims where an unfavorable outcome is reasonably possible, and for which the Company cannot estimate a loss or range of loss, 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 ” for information related to uncertain income tax positions.

RELATED PARTY TRANSACTIONS WITH

RELATED PARTY TRANSACTIONS WITH IAC	3 Months Ended
	Mar. 31, 2024
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 months ended March 31, 2024 and 2023, IAC allocated $2.2 million and $2.3 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. On April 8, 2024, Jeffrey W. Kip, President of Angi Inc., was appointed to succeed Joseph Levin as CEO of Angi Inc. Mr. Levin will remain Chairman of the Angi Inc. board of directors. The Combination and Related Agreements The Company and IAC, in connection with the transaction resulting in the formation of Angi Inc. in 2017, which is referred to as the “Combination,” 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. For the three months ended March 31, 2024 and 2023, the Company was charged by IAC $1.2 million and $1.5 million, respectively, for services rendered pursuant to the services agreement. There were no outstanding payables pursuant to the services agreement at March 31, 2024 and December 31, 2023. At March 31, 2024 and December 31, 2023, the Company had outstanding payables of $2.8 million and $2.1 million, respectively, due to IAC pursuant to the tax sharing agreement, which are included in “Accrued expenses and other current liabilities,” in the balance sheet. There were no payments to or refunds from IAC pursuant to this agreement during the three months ended March 31, 2024 and 2023. Other Arrangements Additionally, the Company subleases office space to IAC and charged rent pursuant to a lease agreement of $0.1 million and $0.4 million for the three months ended March 31, 2024 and 2023, respectively. IAC subleases office space to the Company and charged rent pursuant to a lease agreement of $0.3 million and $0.3 million for the three months ended March 31, 2024 and 2023, respectively. At March 31, 2024, the Company has an outstanding receivable of $0.3 million due from IAC pursuant to the sublease agreements. This amount is included in “Other non-current assets” in the balance sheet. At December 31, 2023, there were outstanding receivables of $0.3 million due from IAC and no payable due to IAC pursuant to the sublease agreements.

DISCONTINUED OPERATIONS

DISCONTINUED OPERATIONS	3 Months Ended
	Mar. 31, 2024
Discontinued Operations and Disposal Groups [Abstract]
DISCONTINUED OPERATIONS	DISCONTINUED OPERATIONS On November 1, 2023, Angi Inc. completed the sale of 100% of its wholly-owned subsidiary, THR, and has reflected it as a discontinued operation in its financial statements. The financial information for prior periods has been recast to conform to this presentation. The components of the loss from discontinued operations for the three months ended March 31, 2023, in the statement of operations consisted of the following: Three Months Ended March 31, 2023 (In thousands) Revenue $ 38,372 Operating costs and expenses: Cost of revenue (exclusive of depreciation shown separately below) 25,104 Selling and marketing expense 6,761 General and administrative expense 5,851 Depreciation 245 Total operating costs and expenses 37,961 Operating income from discontinued operations 411 Interest income 4 Income from discontinued operations before tax 415 Income tax provision (1,428) Loss from discontinued operations, net of tax $ (1,013) During the period in which Angi owned THR, the Ads & Leads segment provided services totaling $1.5 million to the Roofing segment for the three months ended March 31, 2023. Such services have and will continue in periods subsequent to the disposition of the Roofing segment on November 1, 2023.

Insider Trading Arrangements

Insider Trading Arrangements	3 Months Ended
	Mar. 31, 2024
Trading Arrangements, by Individual
Rule 10b5-1 Arrangement Adopted	false
Non-Rule 10b5-1 Arrangement Adopted	false
Rule 10b5-1 Arrangement Terminated	false
Non-Rule 10b5-1 Arrangement Terminated	false

THE COMPANY AND SUMMARY OF SI_2

THE COMPANY AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	3 Months Ended
	Mar. 31, 2024
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. Approximately 192,000 transacting service professionals actively sought consumer matches, completed jobs, or advertised work through Angi Inc. platforms during the three months ended March 31, 2024. Additionally, consumers turned to at least one of our businesses to find a service professional for approximately 21 million projects during the twelve months ended March 31, 2024. The Company has three operating segments: (i) Ads and Leads; (ii) Services; and (iii) International (consisting of businesses in Europe and Canada) and operates under multiple brands including Angi, HomeAdvisor, and Handy. Ads and Leads provides service professionals the capability to engage with potential customers, including quoting 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, pre-priced booking services, and related tools and directories are provided to consumers free of charge. 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 March 31, 2024, IAC Inc. (“IAC”) owned 84.3% and 98.2% 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 (referred to herein as “financial statements”) in accordance with United States (“U.S.”) generally accepted accounting principles (“GAAP”). The 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. The unaudited interim financial statements have been prepared in accordance with GAAP for interim financial information and with the rules and regulations of the Securities and Exchange Commission ("SEC"). Accordingly, they do not include all of the information and notes required by GAAP for complete annual financial statements. In the opinion of management, the unaudited interim financial statements include all normal recurring adjustments considered necessary for a fair presentation. Interim results are not necessarily indicative of the results that may be expected for the full year. The unaudited interim financial statements should be read in conjunction with the annual audited financial statements and notes thereto included in the Company's Annual Report on Form 10-K for the year ended December 31, 2023.
Accounting Estimates	Accounting Estimates Management of the Company is required to make certain estimates, judgments, and assumptions during the preparation of its 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; 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 all long-lived assets, including goodwill and indefinite-lived intangible assets; contingencies; 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.
Revenue Recognition	General Revenue Recognition The Company accounts for a contract with a customer when it has approval and commitment from all authorized 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 services or goods is transferred to the Company’s customers and in an amount that reflects the consideration the Company expects to be entitled to in exchange for those services or goods. 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, 2023, the current and non-current deferred revenue balances were $49.9 million and $0.1 million, respectively, and during the three months ended March 31, 2024, the Company recognized $32.6 million of revenue that was included in the deferred revenue balance as of December 31, 2023. At December 31, 2022, the current and non-current deferred revenue balances were $50.1 million and $0.1 million, respectively, and during the three months ended March 31, 2023, the Company recognized $31.9 million of revenue that was included in the deferred revenue balance as of December 31, 2022. The current and non-current deferred revenue balances at March 31, 2024 are $50.1 million and less than $0.1 million, respectively. Non-current deferred revenue is included in “Other long-term liabilities” in the 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”) Topic 606 (“ASC 606”), Revenue from Contracts with Customers, 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 it has the right to invoice for services performed. The Company also applies the practical expedient to expense sales commissions as incurred where the anticipated customer relationship period is one year or less.
Recent Accounting Pronouncements	Recent Accounting Pronouncements Recent Accounting Pronouncements Adopted by the Company There are no recently issued accounting pronouncements adopted by the Company during the three months ended March 31, 2024. Recent Accounting Pronouncements Not Yet Adopted by the Company Accounting Standards Update (“ASU”) 2023-07— Segment Reporting (Topic 280)— Improvements to Reportable Segment Disclosures In November 2023, the FASB issued ASU No. 2023-07 , which is intended to provide users of financial statements with more decision-useful information about reportable segments of a public business entity, primarily through enhanced disclosures of significant segment expenses. This ASU requires annual and interim disclosures of significant expenses that are regularly provided to the chief operating decision maker ("CODM") and included within each reported measure of segment profit or loss and an amount and description of its composition of other segment items. The provisions of this ASU also require entities to include all annual disclosures required by Topic 280 in the interim periods and permits entities to include multiple measures of a segment's profit or loss if such measures are used by the CODM to assess segment performance and determine allocation of resources, provided that at least one of those measures is determined in a way that is consistent with the measurement principles under GAAP. The amendments in ASU 2023-07 apply retrospectively and are effective for fiscal years beginning after December 15, 2023 and interim periods after December 15, 2024. Early adoption is permitted. The Company does not plan to early adopt and is currently assessing the impact of adopting the updated guidance on the financial statements. ASU 2023-09— Income Taxes (Topic 740)— Improvements to Income Tax Disclosures In December 2023, the FASB issued ASU No. 2023-09, which establishes required categories and a quantitative threshold to the annual tabular rate reconciliation disclosure and disaggregated jurisdictional disclosures of income taxes paid. The guidance’s annual requirements are effective for the Company beginning with the December 31, 2025 reporting period. Early adoption is permitted and prospective disclosure should be applied, however, retrospective disclosure is permitted. The Company is currently assessing the pronouncement and its impact on its income tax disclosures, but it does not impact the Company’s results of operations, financial condition, or cash flows.

FINANCIAL INSTRUMENTS AND FAI_2

FINANCIAL INSTRUMENTS AND FAIR VALUE MEASUREMENTS (Tables)	3 Months Ended
	Mar. 31, 2024
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: March 31, 2024 Level 1 Level 2 Level 3 Total (In thousands) Assets: Cash equivalents: Money market funds $ 171,245 $ — $ — $ 171,245 Treasury discount notes — 112,058 — 112,058 Total $ 171,245 $ 112,058 $ — $ 283,303 December 31, 2023 Level 1 Level 2 Level 3 Total (In thousands) Assets: Cash equivalents: Money market funds $ 215,891 $ — $ — $ 215,891 Treasury discount notes — 74,802 — 74,802 Total $ 215,891 $ 74,802 $ — $ 290,693

LONG-TERM DEBT (Tables)

LONG-TERM DEBT (Tables)	3 Months Ended
	Mar. 31, 2024
Debt Disclosure [Abstract]
Schedule of Long-term Debt	Long-term debt consists of: March 31, 2024 December 31, 2023 (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 3,759 3,953 Total long-term debt, net $ 496,241 $ 496,047

ACCUMULATED OTHER COMPREHENSI_2

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (Tables)	3 Months Ended
	Mar. 31, 2024
Equity [Abstract]
Schedule of Accumulated Other Comprehensive Income (Loss)	The following table presents the components of accumulated other comprehensive income (loss), which exclusively consists of foreign currency translation adjustment for the three months ended March 31, 2024: Three Months Ended March 31, 2024 2023 Foreign Currency Foreign Currency Unrealized Gains on Available-For-Sale Debt Securities Accumulated Other Comprehensive Loss (In thousands) Balance at January 1 $ 1,187 $ (1,172) $ — $ (1,172) Other comprehensive (loss) income (745) 459 2 461 Balance at March 31 $ 442 $ (713) $ 2 $ (711)

SEGMENT INFORMATION (Tables)

SEGMENT INFORMATION (Tables)	3 Months Ended
	Mar. 31, 2024
Segment Reporting [Abstract]
Schedule of Segment Reporting Information	The following table presents revenue by reportable segment: Three Months Ended March 31, 2024 2023 (In thousands) Revenue: Domestic Ads and Leads $ 249,585 $ 293,506 Services 20,451 32,059 Total Domestic 270,036 325,565 International 35,354 29,932 Total $ 305,390 $ 355,497 The following tables present operating income (loss) and Adjusted EBITDA by reportable segment: Three Months Ended March 31, 2024 2023 (In thousands) Operating income (loss): Ads and Leads $ 19,821 $ 13,480 Services (7,501) (12,452) Corporate (15,117) (14,939) International 5,513 3,030 Total $ 2,716 $ (10,881) Three Months Ended March 31, 2024 2023 (In thousands) Adjusted EBITDA (b) : Ads and Leads $ 41,221 $ 39,851 Services 10 (2,168) Corporate (11,921) (12,354) International 6,652 4,354 Total $ 35,962 $ 29,683 (b) The Company’s primary financial 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 reportable segments disaggregated by type of service: Three Months Ended March 31, 2024 2023 (In thousands) Domestic Ads and Leads: Consumer connection revenue $ 160,531 $ 212,935 Advertising revenue 77,137 67,181 Membership subscription revenue 11,778 13,199 Other revenue 139 191 Total Ads and Leads revenue 249,585 293,506 Services revenue 20,451 32,059 Total Domestic revenue 270,036 325,565 International Consumer connection revenue 29,669 24,745 Service professional membership subscription revenue 5,382 5,058 Advertising and other revenue 303 129 Total International revenue 35,354 29,932 Total revenue $ 305,390 $ 355,497
Schedule of Revenue by Geographic Areas	Geographic information about revenue and long-lived assets is presented below: Three Months Ended March 31, 2024 2023 (In thousands) Revenue United States $ 269,872 $ 325,565 All other countries 35,518 29,932 Total $ 305,390 $ 355,497
Schedule of Long-lived Assets by Geographic Areas	March 31, 2024 December 31, 2023 (In thousands) Long-lived assets (excluding goodwill and intangible assets): United States $ 132,462 $ 145,710 All other countries 8,554 9,788 Total $ 141,016 $ 155,498
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 March 31, 2024 Operating Income (Loss) Stock-Based Depreciation Adjusted EBITDA (b) (In thousands) Ads and Leads $ 19,821 $ 4,465 $ 16,935 $ 41,221 Services (7,501) 1,381 6,130 10 Corporate (15,117) 3,196 — (11,921) International 5,513 355 784 6,652 Total 2,716 $ 9,397 $ 23,849 $ 35,962 Interest expense (5,038) Other income, net 4,484 Earnings before income taxes 2,162 Income tax provision (3,479) Net loss (1,317) Net earnings attributable to noncontrolling interests (314) Net loss attributable to Angi Inc. shareholders $ (1,631) Three Months Ended March 31, 2023 Operating Income (Loss) Stock-Based Depreciation Amortization Adjusted EBITDA (b) (In thousands) Ads and Leads $ 13,480 $ 5,491 $ 18,218 $ 2,662 $ 39,851 Services (12,452) 4,209 6,075 — (2,168) Corporate (14,939) 2,585 — — (12,354) International 3,030 427 897 — 4,354 Total (10,881) $ 12,712 $ 25,190 $ 2,662 $ 29,683 Interest expense (5,029) Other income, net 3,807 Loss from continuing operations before income taxes (12,103) Income tax provision (1,884) Net loss from continuing operations (13,987) Loss from discontinued operations, net of tax (1,013) Net loss (15,000) Net earnings attributable to noncontrolling interests (325) Net loss attributable to Angi Inc. shareholders $ (15,325)

LOSS PER SHARE (Tables)

LOSS PER SHARE (Tables)	3 Months Ended
	Mar. 31, 2024
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 March 31, 2024 2023 Basic Diluted Basic Diluted (In thousands, except per share data) Numerator: Net loss from continuing operations $ (1,317) $ (1,317) $ (13,987) $ (13,987) Net earnings attributable to noncontrolling interests of continuing operations (314) (314) (325) (325) Net loss attributable to Angi Inc. Class A and Class B Common Stock shareholders (1,631) (1,631) (14,312) (14,312) Loss from discontinued operations — — (1,013) (1,013) Net loss attributable to Angi Inc. Class A and Class B Common Stock shareholders $ (1,631) $ (1,631) $ (15,325) $ (15,325) Denominator: Weighted average basic Class A and Class B common stock shares outstanding 502,627 502,627 505,033 505,033 Dilutive securities (a) (b) — — — — Denominator for loss per share—weighted average shares 502,627 502,627 505,033 505,033 Loss per share attributable to Angi Inc. Class A and Class B Common Stock shareholders: Loss per share from continuing operations $ (0.00) $ (0.00) $ (0.03) $ (0.03) Loss per share from discontinued operations, net of tax — — (0.00) (0.00) Loss per share attributable to Angi Inc. Class A and Class B Common Stock shareholders $ (0.00) $ (0.00) $ (0.03) $ (0.03) ________________________ (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 months ended March 31, 2024 and 2023, 28.4 and 29.6 million, respectively, of potentially dilutive securities 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 loss per share amounts. (b) Market-based awards (“MSUs”) and performance-based stock units (“PSUs”) are considered contingently issuable shares. Shares issuable upon exercise or vesting of MSUs 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 MSUs and PSUs is dilutive for the respective reporting periods. For the three months ended March 31, 2024 and 2023, 0.4 million and 0.9 million underlying MSUs and PSUs, respectively, were excluded from the calculation of diluted earnings per share because the market or performance condition(s) had not been met.

FINANCIAL STATEMENT DETAILS (Ta

FINANCIAL STATEMENT DETAILS (Tables)	3 Months Ended
	Mar. 31, 2024
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 balance sheet to the total amounts shown in the statement of cash flows: March 31, 2024 December 31, 2023 March 31, 2023 December 31, 2022 (In thousands) Cash and cash equivalents $ 363,337 $ 364,044 $ 314,960 $ 321,155 Restricted cash included in other current assets — — — 107 Restricted cash included in other non-current assets 253 257 376 371 Restricted cash included in other non-current assets of discontinued operations — — 504 503 Total cash and cash equivalents, and restricted cash as shown on the statement of cash flows $ 363,590 $ 364,301 $ 315,840 $ 322,136
Schedule of Cash and Cash Equivalents	The following table provides a reconciliation of cash and cash equivalents and restricted cash reported within the balance sheet to the total amounts shown in the statement of cash flows: March 31, 2024 December 31, 2023 March 31, 2023 December 31, 2022 (In thousands) Cash and cash equivalents $ 363,337 $ 364,044 $ 314,960 $ 321,155 Restricted cash included in other current assets — — — 107 Restricted cash included in other non-current assets 253 257 376 371 Restricted cash included in other non-current assets of discontinued operations — — 504 503 Total cash and cash equivalents, and restricted cash as shown on the statement of cash flows $ 363,590 $ 364,301 $ 315,840 $ 322,136
Schedule of Allowance for Credit Loss	The following table presents the changes in the allowance for credit losses for the three months ended March 31, 2024 and 2023: 2024 2023 (In thousands) Balance at January 1 $ 24,684 $ 38,846 Current period provision for credit losses 15,910 23,731 Write-offs charged against the allowance for credit loss (21,087) (27,809) Recoveries collected 1,263 1,236 Balance at March 31 $ 20,770 $ 36,004
Schedule of Accumulated Amortization and Depreciation	The following table provides the accumulated depreciation and amortization within the balance sheet: Asset Category March 31, 2024 December 31, 2023 (In thousands) Capitalized software, leasehold improvements, and equipment $ 229,347 $ 215,357 Intangible assets $ 89,142 $ 89,229
Schedule of Other Expense, Net	Three Months Ended March 31, 2024 2023 (In thousands) Interest income $ 4,709 $ 3,419 Other (225) 388 Other income, net $ 4,484 $ 3,807

DISCONTINUED OPERATIONS (Tables

DISCONTINUED OPERATIONS (Tables)	3 Months Ended
	Mar. 31, 2024
Discontinued Operations and Disposal Groups [Abstract]
Schedule of Discontinued Operations	The components of the loss from discontinued operations for the three months ended March 31, 2023, in the statement of operations consisted of the following: Three Months Ended March 31, 2023 (In thousands) Revenue $ 38,372 Operating costs and expenses: Cost of revenue (exclusive of depreciation shown separately below) 25,104 Selling and marketing expense 6,761 General and administrative expense 5,851 Depreciation 245 Total operating costs and expenses 37,961 Operating income from discontinued operations 411 Interest income 4 Income from discontinued operations before tax 415 Income tax provision (1,428) Loss from discontinued operations, net of tax $ (1,013)

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
	Mar. 31, 2024 USD ($) project segment professional category	Mar. 31, 2023 USD ($)	Dec. 31, 2023 USD ($)	Nov. 01, 2023	Dec. 31, 2022 USD ($)
Noncontrolling Interest [Line Items]
Number of service categories (more than) | category	500
Number of domestic service professionals (over) | professional	192,000
Number of projects | project	21
Number of operating segments | segment	3
Current deferred revenue	$ 50,084		$ 49,859		$ 50,100
Non-current deferred revenue	100		$ 100		$ 100
Deferred revenue recognized	$ 32,600	$ 31,900
Discontinued Operations, Disposed of by Sale | Total Home Roofing
Noncontrolling Interest [Line Items]
Discontinued operation, ownership percentage in disposed asset				100%
Angi | IAC
Noncontrolling Interest [Line Items]
Economic interest (as a percent)	84.30%
Voting interest (as a percent)	98.20%

FINANCIAL INSTRUMENTS AND FAI_3

FINANCIAL INSTRUMENTS AND FAIR VALUE MEASUREMENTS - Assets Measured at Fair Value on a Recurring Basis (Details) - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Assets:
Total	$ 283,303	$ 290,693
Level 1
Assets:
Total	171,245	215,891
Level 2
Assets:
Total	112,058	74,802
Level 3
Assets:
Total	0	0
Money market funds
Assets:
Cash equivalents	171,245	215,891
Money market funds | Level 1
Assets:
Cash equivalents	171,245	215,891
Money market funds | Level 2
Assets:
Cash equivalents	0	0
Money market funds | Level 3
Assets:
Cash equivalents	0	0
Treasury discount notes
Assets:
Cash equivalents	112,058	74,802
Treasury discount notes | Level 1
Assets:
Cash equivalents	0	0
Treasury discount notes | Level 2
Assets:
Cash equivalents	112,058	74,802
Treasury discount notes | Level 3
Assets:
Cash equivalents	$ 0	$ 0

FINANCIAL INSTRUMENTS AND FAI_4

FINANCIAL INSTRUMENTS AND FAIR VALUE MEASUREMENTS - Carrying Value and Fair Value of Financial Instruments (Details) - USD ($) $ in Millions	Mar. 31, 2024	Dec. 31, 2023
Fair Value
Balance Sheet Grouping, Financial Statement Captions [Line Items]
Long-term debt, net	$ 432.5	$ 418.1

LONG-TERM DEBT - Summary (Detai

LONG-TERM DEBT - Summary (Details) - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Debt Instrument
Less: unamortized debt issuance costs	$ 3,759	$ 3,953
Total long-term debt, net	496,241	496,047
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)	Mar. 31, 2024
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
	Mar. 31, 2024	Mar. 31, 2023
Accumulated Other Comprehensive Income (Loss)
Balance at beginning of period	$ 1,040,767,000
Other comprehensive (loss) income	(781,000)	$ 504,000
Balance at end of period	1,039,024,000
Tax benefit or provision on accumulated other comprehensive loss	0	0
Foreign Currency Translation Adjustment
Accumulated Other Comprehensive Income (Loss)
Balance at beginning of period	1,187,000	(1,172,000)
Other comprehensive (loss) income	(745,000)	459,000
Balance at end of period	$ 442,000	(713,000)
Unrealized Gains on Available-For-Sale Debt Securities
Accumulated Other Comprehensive Income (Loss)
Balance at beginning of period		0
Other comprehensive (loss) income		2,000
Balance at end of period		2,000
Accumulated Other Comprehensive Loss
Accumulated Other Comprehensive Income (Loss)
Balance at beginning of period		(1,172,000)
Other comprehensive (loss) income		461,000
Balance at end of period		$ (711,000)

SEGMENT INFORMATION - Revenue b

SEGMENT INFORMATION - Revenue by Reportable Segment (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Segment Reporting Information [Line Items]
Revenue	$ 305,390	$ 355,497
Operating Segments | International
Segment Reporting Information [Line Items]
Revenue	35,354	29,932
Domestic
Segment Reporting Information [Line Items]
Revenue	270,036	325,565
Domestic | Operating Segments | Ads and Leads
Segment Reporting Information [Line Items]
Revenue	249,585	293,506
Domestic | Operating Segments | Services
Segment Reporting Information [Line Items]
Revenue	$ 20,451	$ 32,059

SEGMENT INFORMATION - Revenue D

SEGMENT INFORMATION - Revenue Disaggregated by Service (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Segment Reporting Information [Line Items]
Revenue	$ 305,390	$ 355,497
Operating Segments | International
Segment Reporting Information [Line Items]
Revenue	35,354	29,932
Domestic
Segment Reporting Information [Line Items]
Revenue	270,036	325,565
Domestic | Operating Segments | Ads and Leads
Segment Reporting Information [Line Items]
Revenue	249,585	293,506
Domestic | Operating Segments | Services
Segment Reporting Information [Line Items]
Revenue	20,451	32,059
Domestic | Consumer connection revenue | Operating Segments | Ads and Leads
Segment Reporting Information [Line Items]
Revenue	160,531	212,935
Domestic | Advertising revenue | Operating Segments | Ads and Leads
Segment Reporting Information [Line Items]
Revenue	77,137	67,181
Domestic | Membership subscription revenue | Operating Segments | Ads and Leads
Segment Reporting Information [Line Items]
Revenue	11,778	13,199
Domestic | Other revenue | Operating Segments | Ads and Leads
Segment Reporting Information [Line Items]
Revenue	139	191
International | International
Segment Reporting Information [Line Items]
Revenue	35,354	29,932
International | Consumer connection revenue | Operating Segments | International
Segment Reporting Information [Line Items]
Revenue	29,669	24,745
International | Service professional membership subscription revenue | Operating Segments | International
Segment Reporting Information [Line Items]
Revenue	5,382	5,058
International | Advertising and other revenue | Operating Segments | International
Segment Reporting Information [Line Items]
Revenue	$ 303	$ 129

SEGMENT INFORMATION - Revenue a

SEGMENT INFORMATION - Revenue and Long-Lived Assets (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023	Dec. 31, 2023
Revenue and Long-lived Assets by Geography
Revenue	$ 305,390	$ 355,497
Long-lived assets (excluding goodwill and intangible assets)	141,016		$ 155,498
United States
Revenue and Long-lived Assets by Geography
Revenue	269,872	325,565
Long-lived assets (excluding goodwill and intangible assets)	132,462		145,710
All other countries
Revenue and Long-lived Assets by Geography
Revenue	35,518	$ 29,932
Long-lived assets (excluding goodwill and intangible assets)	$ 8,554		$ 9,788

SEGMENT INFORMATION - Operating

SEGMENT INFORMATION - Operating Income (loss) and Adjusted EBITDA by Segment (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Segment Reporting Information [Line Items]
Operating Income (Loss)	$ 2,716	$ (10,881)
Adjusted EBITDA	35,962	29,683
Corporate, Non-Segment
Segment Reporting Information [Line Items]
Operating Income (Loss)	(15,117)	(14,939)
Adjusted EBITDA	(11,921)	(12,354)
Ads and Leads | Operating Segments
Segment Reporting Information [Line Items]
Operating Income (Loss)	19,821	13,480
Adjusted EBITDA	41,221	39,851
Services | Operating Segments
Segment Reporting Information [Line Items]
Operating Income (Loss)	(7,501)	(12,452)
Adjusted EBITDA	10	(2,168)
International | Operating Segments
Segment Reporting Information [Line Items]
Operating Income (Loss)	5,513	3,030
Adjusted EBITDA	6,652	$ 4,354
International | Corporate, Non-Segment
Segment Reporting Information [Line Items]
Adjusted EBITDA	$ (11,921)

SEGMENT INFORMATION - Reconcili

SEGMENT INFORMATION - Reconciliation of Adjusted EBITDA to Operating Income (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Segment Reporting, Other Significant Reconciling Item
Operating Income (Loss)	$ 2,716	$ (10,881)
Stock-Based Compensation Expense	9,397	12,712
Depreciation	23,849	25,190
Amortization of Intangibles	0	2,662
Adjusted EBITDA	35,962	29,683
Interest expense	(5,038)	(5,029)
Other income, net	4,484	3,807
Earnings (loss) from continuing operations before income taxes	2,162	(12,103)
Income tax provision	(3,479)	(1,884)
Net loss from continuing operations	(1,317)	(13,987)
Loss from discontinued operations, net of tax	0	(1,013)
Net loss	(1,317)	(15,000)
Net earnings attributable to noncontrolling interests	(314)	(325)
Net loss attributable to Angi Inc. shareholders	(1,631)	(15,325)
Corporate, Non-Segment
Segment Reporting, Other Significant Reconciling Item
Operating Income (Loss)	(15,117)	(14,939)
Stock-Based Compensation Expense	3,196	2,585
Depreciation	0	0
Amortization of Intangibles		0
Adjusted EBITDA	(11,921)	(12,354)
Ads and Leads | Operating Segments
Segment Reporting, Other Significant Reconciling Item
Operating Income (Loss)	19,821	13,480
Stock-Based Compensation Expense	4,465	5,491
Depreciation	16,935	18,218
Amortization of Intangibles		2,662
Adjusted EBITDA	41,221	39,851
Services | Operating Segments
Segment Reporting, Other Significant Reconciling Item
Operating Income (Loss)	(7,501)	(12,452)
Stock-Based Compensation Expense	1,381	4,209
Depreciation	6,130	6,075
Amortization of Intangibles		0
Adjusted EBITDA	10	(2,168)
International | Operating Segments
Segment Reporting, Other Significant Reconciling Item
Operating Income (Loss)	5,513	3,030
Stock-Based Compensation Expense	355	427
Depreciation	784	897
Amortization of Intangibles		0
Adjusted EBITDA	6,652	$ 4,354
International | Corporate, Non-Segment
Segment Reporting, Other Significant Reconciling Item
Adjusted EBITDA	$ (11,921)

INCOME TAXES - Narrative (Detai

INCOME TAXES - Narrative (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023	Dec. 31, 2023
Income Tax Disclosure [Abstract]
Income tax provision	$ 3,479	$ 1,884
Unrecognized tax benefits including tax interest accrued	8,500		$ 8,100
Unrecognized tax benefits that if subsequently recognized would reduce income tax expense	8,000		$ 7,600
Decrease in unrecognized tax benefits is reasonably possible	200
Deferred tax assets	208,700
Portion of deferred tax assets that will be utilized upon future reversal of deferred tax liabilities	22,600
Portion of deferred tax assets that will be utilized based on forecasts of future taxable income	186,100
Deferred tax assets, U.S. federal operating loss carryforwards	101,200
Future taxable income	$ 482,100

LOSS PER SHARE - Summary (Detai

LOSS PER SHARE - Summary (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Earnings Per Share [Abstract]
Net loss from continuing operations	$ (1,317)	$ (13,987)
Net earnings attributable to noncontrolling interests of continuing operations	(314)	(325)
Net loss attributable to Angi Inc. Class A and Class B Common Stock shareholders	(1,631)	(14,312)
Loss from discontinued operations, net of tax	0	(1,013)
Net loss attributable to Angi Inc. shareholders	$ (1,631)	$ (15,325)
Weighted average basic Class A and Class B common stock shares outstanding, basic (in shares)	502,627	505,033
Dilutive securities (in shares)	0	0
Denominator for loss per share - weighted average shares, diluted (shares)	502,627	505,033
Loss per share:
Loss per share from continuing operations, Basic (USD per share)	$ 0	$ (0.03)
Loss per share from continuing operations, Diluted (USD per share)	0	(0.03)
Loss per share from discontinued operations, net of tax, Basic (USD per share)	0	0
Loss per share from discontinued operations, net of tax, Diluted (USD per share)	0	0
Loss per share attributable to Angi Inc. Class A and Class B Common Stock shareholders, Basic (USD per share)	0	(0.03)
Loss per share attributable to Angi Inc. Class A and Class B Common Stock shareholders, Diluted (USD per share)	$ 0	$ (0.03)
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)	28,400	29,600
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)	400	900

FINANCIAL STATEMENT DETAILS - C

FINANCIAL STATEMENT DETAILS - Cash, Cash Equivalents, and Restricted Cash (Details) - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023	Mar. 31, 2023	Dec. 31, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Cash and cash equivalents	$ 363,337	$ 364,044	$ 314,960	$ 321,155
Restricted cash included in other current assets	0	0	0	107
Restricted cash included in other non-current assets	253	257	376	371
Restricted cash included in other non-current assets of discontinued operations	0	0	504	503
Total cash and cash equivalents, and restricted cash as shown on the statement of cash flows	$ 363,590	$ 364,301	$ 315,840	$ 322,136

FINANCIAL STATEMENT DETAILS - A

FINANCIAL STATEMENT DETAILS - Allowance for Credit Loss (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Accounts Receivable, Allowance for Credit Loss [Roll Forward]
Balance at January 1	$ 24,684	$ 38,846
Current period provision for credit losses	15,910	23,731
Write-offs charged against the allowance for credit loss	(21,087)	(27,809)
Recoveries collected	1,263	1,236
Balance at March 31	$ 20,770	$ 36,004

FINANCIAL STATEMENT DETAILS -_2

FINANCIAL STATEMENT DETAILS - Accumulated Amortization and Depreciation (Details) - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Capitalized software, leasehold improvements, and equipment	$ 229,347	$ 215,357
Intangible assets	$ 89,142	$ 89,229

FINANCIAL STATEMENT DETAILS - O

FINANCIAL STATEMENT DETAILS - Other Income, Net (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Interest income	$ 4,709	$ 3,419
Other	(225)	388
Other income, net	$ 4,484	$ 3,807

CONTINGENCIES - Narrative (Deta

CONTINGENCIES - Narrative (Details) $ in Millions	Mar. 31, 2024 USD ($)
Commitments and Contingencies Disclosure [Abstract]
Loss contingency reserve	$ 1.7

RELATED PARTY TRANSACTIONS WI_2

RELATED PARTY TRANSACTIONS WITH IAC - Narrative (Details) - USD ($)	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023	Dec. 31, 2023
Related Party Transaction [Line Items]
Accounts payable	$ 30,534,000		$ 29,467,000
Revenue	305,390,000	$ 355,497,000
Other non-current assets, net	50,169,000		54,466,000
Chief Executive Officer
Related Party Transaction [Line Items]
Related party transactions	2,200,000	2,300,000
IAC
Related Party Transaction [Line Items]
Accounts payable			0
Other non-current assets, net	300,000		300,000
IAC | Services Agreement
Related Party Transaction [Line Items]
Related party transactions	1,200,000	1,500,000
Accounts payable	0		0
IAC | Tax Sharing Agreement
Related Party Transaction [Line Items]
Related party transactions	0	0
Accounts payable	2,800,000		2,100,000
IAC | Sublease Agreement
Related Party Transaction [Line Items]
Related party transactions	300,000	300,000
Revenue	100,000	400,000
Related Party
Related Party Transaction [Line Items]
Accounts payable	700,000		$ 1,300,000
Advertising expense	$ 1,200,000	$ 1,800,000

DISCONTINUED OPERATIONS - Narra

DISCONTINUED OPERATIONS - Narrative (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023	Nov. 01, 2023
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Revenue	$ 305,390	$ 355,497
Intersegment Eliminations | Ads and Leads
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Revenue	$ (1,500)
Discontinued Operations, Disposed of by Sale | Total Home Roofing
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Discontinued operation, ownership percentage in disposed asset			100%

DISCONTINUED OPERATIONS - Compo

DISCONTINUED OPERATIONS - Components of Loss from Discontinued Operations (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Operating costs and expenses:
Loss from discontinued operations, net of tax	$ 0	$ (1,013)
Discontinued Operations, Disposed of by Sale | Total Home Roofing
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Revenue	38,372
Operating costs and expenses:
Cost of revenue (exclusive of depreciation shown separately below)	25,104
Selling and marketing expense	6,761
General and administrative expense	5,851
Depreciation	245
Total operating costs and expenses	37,961
Operating income from discontinued operations	411
Interest income	4
Income from discontinued operations before tax	415
Income tax provision	(1,428)
Loss from discontinued operations, net of tax	$ (1,013)