ANGI — what changed in the latest 10-Q
A section-by-section comparison of ANGI's newest periodic SEC filing (10-K/10-Q) against the prior same-form filing: paragraphs added and removed per section, with verbatim excerpts. Purely a deterministic text diff — no similarity scores, no directional read, not investment advice.
Comparing 10-Q · 2026-11-03 vs the prior 10-Q · 2026-08-04
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +64 | −45 | ~30 | 46 |
| Market risk (Item 3) | Text added/removed | 0 | 0 | ~1 | 0 |
| Controls & procedures | Text added/removed | 0 | 0 | ~1 | 3 |
| Legal proceedings | No paragraph-level changes | 0 | 0 | 0 | 2 |
| Risk factors | Some risk factors updated | +5 | −3 | ~3 | 2 |
| Other information | Text added/removed | +2 | 0 | ~1 | 0 |
Counts are paragraphs; added/removed means text added or removed vs the prior filing — no direction or judgement implied.
Representative excerpts
Up to 5 excerpts of about 300 characters per section, quoted verbatim from the two SEC filings.
MD&A
Text added vs the prior filing · source: 10-Q · 2026-11-03
On November 3, 2026, the Company announced a reduction of its global workforce, aimed at increasing focus and organizational velocity. Management views the action as a step toward capturing more of the business’s margin potential. The Company expects total restructuring charges of $18.0 million to $…
The Company also expects the actions to generate annual run-rate savings of $50.0 million to $60.0 million across operating expenses and capital expenditures, some of which may be re-invested. For more information, see “Note 3–Restructuring” to the financial statements included in “Item 1–Consolidat…
•International Revenue – comprised of revenue generated within the International segment (consisting of businesses in Europe and Canada), including Lead revenue for consumer matches and membership subscription revenue from Pros.
Three Months Ended September 30,Nine Months Ended September 30,
Three Months Ended September 30,Nine Months Ended September 30,
Text removed vs the prior filing · source: 10-Q · 2026-08-04
•International Revenue – comprised of revenue generated within the International segment (consisting of businesses
in Europe and Canada), including Lead revenue for consumer matches and membership subscription revenue from Pros.
For the three months ended June 30, 2026 compared to the three months ended June 30, 2025
U.S. Revenue decreased by $30.2 million, or 12%, due primarily to macroeconomic conditions causing a reduction in Pro spend and utilization of available Pro capacity with a corresponding 10% decrease in Proprietary Revenue, reflecting a shift in homeowner demand toward lower-consideration categories…
For the six months ended June 30, 2026 compared to the six months ended June 30, 2025
Risk factors
Text added vs the prior filing · source: 10-Q · 2026-11-03
Our future success depends upon our continued ability to identify, hire, develop, motivate and retain highly skilled and talented individuals, particularly in the case of senior leadership. Competition for well-qualified employees across our various businesses has been (and is expected to continue t…
Further, leadership transitions, including the changes in our senior leadership in fiscal 2026, may result in changes to our business strategy, priorities or operating model. New leaders may reassess our product and technology roadmap and investment and capital allocation decisions and may pursue ac…
Our recent credit rating downgrades, or further downgrades, could increase our financing costs, reduce our access to liquidity and adversely affect our business.
Rating agencies routinely evaluate us, and their ratings are based on a number of factors specific to our business, such as our revenue trends and profitability, our cash generating capability, our levels of indebtedness and our execution of strategic initiatives, as well as factors beyond our contr…
In September 2026, Moody’s Ratings downgraded ANGI Group’s corporate family rating to B3 from B2 and the rating on the ANGI Group Senior Notes to Caa1 from B2 and revised its outlook to negative from stable. In October 2026, S&P Global Ratings downgraded Angi’s issuer credit rating and the rating on…
Text removed vs the prior filing · source: 10-Q · 2026-08-04
Goodwill and indefinite-lived intangible assets are a material component of our balance sheet, and impairments of these assets could have a significant impact on our financial condition and results of operations.
Goodwill and indefinite-lived intangible assets represent a significant portion of our total assets. We assess goodwill and indefinite-lived intangible assets for impairment annually and more frequently if an event occurs or circumstances change that would indicate that it is more likely than not th…
During the second quarter of 2026, we concluded that the continued decline in our stock price and market capitalization constituted a triggering event and performed interim quantitative impairment assessments. As a result, we recorded a goodwill impairment charge of $225.6 million related to our U.S…
Other information
Text added vs the prior filing · source: 10-Q · 2026-11-03
On November 3, 2026, we announced a reduction of our global workforce by approximately 300 roles, mostly in middle management and support functions, to increase focus and organizational velocity.
As a result of the reduction in workforce, we estimate restructuring charges primarily split between the fourth quarter of 2026 and the first half of 2027 of approximately $18.0 million to $30.0 million in total, primarily consisting of severance payments, employee benefits and related costs, all of…
How to read Risk Factors (Item 1A) in a 10-Q
A 10-Q risk-factor section usually takes one of three forms; this page classifies it as one of:
- Pointer — the filer states there have been no material changes and points back to the annual 10-K risk factors; there is no own risk text to compare this quarter.
- Partial update — the filer carves out specific updated risks ("except as set forth below"); the excerpts show exactly what is new this quarter.
- Restated in full — the quarter carries the complete risk-factor text. When the prior quarter was only a pointer there is no prior full text to diff against, so the page flags the section as restated instead.
This describes the filing structure only — it is never a judgement on whether risk went up or down.
Source: text-level diff of the two SEC EDGAR filings · deterministic (no AI-generated content) · for reference only · not investment advice