IAC Inc (NASDAQ: IAC) is an internet holding company that develops, acquires, and builds digital businesses across multiple consumer and services categories. It generates revenue through a portfolio of operating companies spanning digital media, online services, and e-commerce, with each business operating under its own model including advertising, subscription, and transaction-based revenue. IAC began as a hybrid media and electronic retailing company more than twenty-five years ago and has since repeatedly restructured itself by spinning off independent public companies to shareholders, including Expedia Group, Live Nation Entertainment, LendingTree, and others. The current strategy, as described in the FY2025 10-K filed February 20, 2026, is to continue building companies and investing opportunistically in internet businesses. IAC has historically acquired brands including Ticketmaster, Hotels.com, Expedia.com, Match.com, TripAdvisor, HomeAdvisor, and Ask Jeeves before separating them into independent public entities.

Revenue model

IAC operates a portfolio of internet businesses with revenue generated across multiple models including digital advertising, subscription fees, and transaction-based fees, depending on the specific operating segment. Individual business units operate their own distinct monetization structures.

Products and services

Portfolio of internet and digital media businesses built or acquired over time. Historical brands developed and later spun off include Ticketmaster, Hotels.com, Expedia.com, Match.com, LendingTree, TripAdvisor, HomeAdvisor, and Ask Jeeves. Current operating businesses are not individually detailed in the available filing excerpts.

Customers and end markets

End markets span digital consumers across online services, media, and e-commerce categories. Specific customer counts and segment-level end market detail are not supported by the available filing excerpts.

Value-chain role

Holding company and active builder of internet businesses. Acquires, develops, and distributes digital companies to public shareholders through spin-offs.

Geographic exposure

Geographic revenue mix is not detailed in the available filing excerpts. IAC is headquartered in the United States.

Source: SEC 10-K, filed 2026-02-20

Industry: Services-Computer Programming, Data Processing, Etc. Peers: Alphabet Inc Bumble Inc Pinterest Inc Match Group Inc Ziff Davis Inc Snap Inc TWITTER, INC. Tripadvisor Inc Getty Images Holdings Inc Zoominfo Technologies Inc