The company has achieved a cleaner capital structure by reducing total debt to $0 in 2026Q1, though the $889.2 million goodwill balance warrants close monitoring for potential impairment risks.
Angi Inc. (ANGI) balance sheet — 17-year assets, liabilities & shareholders' equity history
| Metric | TTM | Dec'25 | Dec'24 | Dec'23 | Dec'22 | Dec'21 | Dec'20 | Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 | Dec'09 |
|---|
| Total Current Assets | 256.22M | 366.38M | 495.08M | 487.22M | 484.2M | 585M | 977.81M | 499.99M | 474.13M | 262.38M | 63.81M | 92.62M | 97.52M | 81.94M | 80.75M | 104.68M | 17.94M | 8.24M |
| Cash & Short-Term Investments | 188.7M | 303.7M | 416.43M | 364.04M | 321.15M | 428.14M | 862.7M | 390.56M | 361.93M | 221.52M | 36.38M | 56.58M | 64.26M | 55.86M | 53.1M | 88.61M | 9.51M | 2.17M |
| Cash Only | 188.7M | 303.7M | 416.43M | 364.04M | 321.15M | 428.14M | 812.71M | 390.56M | 336.98M | 221.52M | 36.38M | 32.6M | 39.99M | 34.8M | 42.64M | 88.61M | 9.51M | 2.17M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 49.99M | 0 | 24.95M | 0 | 16.54M | 23.98M | 24.27M | 21.05M | 10.46M | 0 | 0 | 0 |
| Accounts Receivable | 36.57M | 33.05M | 36.67M | 51.1M | 71.97M | 86.32M | 43.15M | 41.67M | 51.51M | 28.09M | 18.7M | 17.02M | 15.14M | 12.38M | 7.79M | 3.94M | 2.73M | 2M |
| Days Sales Outstanding | 13.36 | 11.71 | 11.29 | 13.73 | 14.89 | 19.46 | 10.73 | 11.47 | 16.61 | 13.92 | 21.11 | 18.05 | 17.54 | 18.4 | 18.24 | 15.96 | 16.85 | 16.01 |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Days Inventory Outstanding | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Current Assets | 30.95M | 29.63M | 28.9M | 50.59M | 67.08M | 45.8M | 54.22M | 45.97M | 44.47M | 1.83M | 2.28M | 10.45M | 6.74M | 4.31M | 2.65M | 1.65M | 0 | 0 |
| Total Non-Current Assets | 1.07B | 1.31B | 1.34B | 1.37B | 1.42B | 1.43B | 1.39B | 1.42B | 1.33B | 1.2B | 231.71M | 80.79M | 57.02M | 23.7M | 15.48M | 6.72M | 4.66M | 4.06M |
| Property, Plant & Equipment | 96.54M | 99.1M | 79.56M | 109.53M | 152.56M | 118.27M | 108.84M | 103.36M | 70.86M | 53.29M | 23.64M | 77.64M | 51.26M | 18.66M | 12.08M | 3.88M | 1.68M | 1.73M |
| Fixed Asset Turnover | 10.18x | 10.40x | 14.90x | 12.41x | 11.57x | 13.69x | 13.49x | 12.83x | 15.98x | 13.82x | 13.67x | 4.43x | 6.14x | 13.17x | 12.90x | 23.19x | 35.21x | 26.36x |
| Goodwill | 662.09M | 890.07M | 883.44M | 886.05M | 882.95M | 916.04M | 891.8M | 883.96M | 894.71M | 770.23M | 170.99M | 1.15M | 1.15M | 1.15M | 415K | 415K | 415K | 415K |
| Intangible Assets | 157.07M | 167.14M | 167.66M | 170.77M | 178.1M | 193.83M | 209.72M | 251.72M | 304.3M | 328.57M | 10.79M | 2.01M | 2.75M | 3.5M | 2.36M | 1.55M | 1.15M | 1.03M |
| Long-Term Investments | 0 | 0 | 2.2M | 3.79M | 2.78M | 2.3M | 0 | 0 | 3.4M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 25.97M | 31.45M | 33.71M | 50.68M | 68.81M | 73.94M | 94.27M | 109.99M | 23.2M | 2.07M | 11.07M | 0 | 1.85M | 397K | 634K | 866K | 1.43M | 881K |
| Total Assets | 1.33B | 1.68B | 1.83B | 1.86B | 1.91B | 2.01B | 2.37B | 1.92B | 1.81B | 1.47B | 295.52M | 173.41M | 154.54M | 105.64M | 96.23M | 111.4M | 22.6M | 12.3M |
| Asset Turnover | 0.62x | 0.61x | 0.65x | 0.73x | 0.92x | 0.80x | 0.62x | 0.69x | 0.63x | 0.50x | 1.09x | 1.98x | 2.04x | 2.33x | 1.62x | 0.81x | 2.61x | 3.71x |
| Asset Growth % | -49.95% | -8.21% | -1.37% | -2.7% | -5.18% | -15.04% | 23.24% | 6.28% | 23.22% | 396.51% | 70.41% | 12.21% | 46.28% | 9.78% | -13.62% | 392.89% | 83.76% | - |
| Total Current Liabilities | 214.12M | 222.44M | 231.68M | 258.65M | 281.78M | 278.44M | 233.68M | 214.95M | 201.24M | 171.04M | 67.65M | 113.94M | 110.84M | 103.62M | 71.33M | 46.59M | 36.32M | 23.57M |
| Accounts Payable | 37.55M | 34.03M | 18.32M | 29.47M | 30.39M | 38.86M | 30.8M | 25.99M | 20.08M | 18.93M | 11.54M | 12.91M | 8.24M | 9.81M | 8.86M | 6.91M | 4.47M | 3.11M |
| Days Payables Outstanding | 127.14 | 131.37 | 116.13 | 171.96 | 32.88 | 51.64 | 64.89 | 204.01 | 131.51 | 202.82 | 104.57 | 84.03 | 57 | 89.4 | 119.43 | 153.67 | 131.02 | 97.4 |
| Short-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 13.75M | 13.75M | 14.57M | 2.84M | 1.5M | 0 | 0 | 0 | 0 | 7.27M | 2.04M |
| Deferred Revenue (Current) | 95.98M | 22.1M | 42.01M | 49.86M | 50.13M | 53.83M | 54.65M | 58.22M | 61.42M | 62.37M | 18.83M | 81.63M | 82.17M | 75.01M | 50.79M | 30.8M | 19.84M | 15.53M |
| Other Current Liabilities | 0 | 124.51M | 126.89M | 135.88M | 131.04M | 132.42M | 102.49M | 74.08M | 85.77M | 57.93M | 26.23M | 12.13M | 11.37M | 9.06M | 5.21M | 3.85M | 2.96M | 1.82M |
| Current Ratio | 1.20x | 1.65x | 2.14x | 1.88x | 1.72x | 2.10x | 4.18x | 2.33x | 2.36x | 1.53x | 0.94x | 0.81x | 0.88x | 0.79x | 1.13x | 2.25x | 0.49x | 0.35x |
| Quick Ratio | 1.20x | 1.65x | 2.14x | 1.88x | 1.72x | 2.10x | 4.18x | 2.33x | 2.36x | 1.53x | 0.94x | 0.81x | 0.88x | 0.79x | 1.13x | 2.25x | 0.49x | 0.35x |
| Cash Conversion Cycle | -113.78 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Non-Current Liabilities | 423.74M | 530.56M | 536.26M | 553.05M | 574.62M | 588.11M | 825.28M | 356.44M | 266.64M | 271.83M | 51.48M | 61.85M | 65.87M | 20.52M | 19.58M | -26.87M | 20.04M | 25M |
| Long-Term Debt | 398.48M | 497.67M | 532.33M | 547.6M | 495.28M | 494.55M | 712.28M | 231.95M | 245.99M | 260.31M | 47M | 56.13M | 58.85M | 14.92M | 14.87M | 14.82M | 16.46M | 22.5M |
| Capital Lease Obligations | 0 | 0 | 35.49M | 51.55M | 73.61M | 88.42M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Tax Liabilities | 5.36M | 1.5M | 1.5M | 2.74M | 2.91M | 1.88M | 1.3M | 3.44M | 3.81M | 5.63M | 2.23M | 0 | 0 | 169K | 163K | 158K | 154K | 0 |
| Other Non-Current Liabilities | 23.88M | 31.4M | -33.17M | -48.93M | 2.82M | 3.25M | 111.71M | 121.06M | 16.85M | 5.89M | -241K | 1.33M | 1.6M | 0 | 0 | -45.84M | 0 | 0 |
| Total Liabilities | 637.85M | 753M | 767.93M | 811.71M | 856.4M | 866.55M | 1.06B | 571.4M | 467.88M | 442.87M | 119.12M | 175.79M | 176.71M | 124.13M | 90.91M | 19.73M | 56.36M | 48.57M |
| Total Debt | 398.48M | 511.13M | 580.65M | 616.94M | 585.22M | 600.07M | 727.98M | 258.93M | 259.74M | 274.88M | 49.84M | 57.63M | 58.85M | 14.92M | 14.87M | 14.82M | 23.73M | 24.54M |
| Net Debt | 209.77M | 207.43M | 164.22M | 252.9M | 264.06M | 171.94M | -84.73M | -131.63M | -77.25M | 53.35M | 13.46M | 25.04M | 18.86M | -19.89M | -27.77M | -73.79M | 14.22M | 22.37M |
| Debt / Equity | 0.58x | 0.55x | 0.55x | 0.59x | 0.56x | 0.52x | 0.56x | 0.19x | 0.19x | 0.27x | 0.28x | - | - | - | 2.80x | 0.32x | - | - |
| Debt / EBITDA | -3.18x | 4.08x | 5.25x | 8.22x | 37.33x | 83.29x | 8.17x | 1.93x | 1.73x | - | 5.88x | 2.93x | - | - | - | - | - | - |
| Net Debt / EBITDA | -1.68x | 1.66x | 1.49x | 3.37x | 16.84x | 23.86x | -0.95x | -0.98x | -0.51x | - | 1.59x | 1.27x | - | - | - | - | - | - |
| Interest Coverage | -10.40x | 4.05x | 2.00x | -0.40x | -3.70x | -3.00x | -0.36x | 3.93x | 7.02x | -18.86x | 26.13x | 48.74x | -8.99x | -16.64x | -27.50x | -15.31x | -5.83x | -2.54x |
| Total Equity | 687.63M | 927.37M | 1.06B | 1.04B | 1.05B | 1.15B | 1.31B | 1.35B | 1.34B | 1.02B | 176.39M | -2.38M | -22.17M | -18.49M | 5.32M | 45.84M | -33.76M | -36.27M |
| Equity Growth % | -63.99% | -12.74% | 1.75% | -0.65% | -8.22% | -12.5% | -3.04% | 0.75% | 30.82% | 480.74% | 7508.4% | 89.26% | -19.92% | -447.62% | -88.4% | 235.78% | 6.92% | - |
| Book Value per Share | 17.00 | 19.89 | 20.98 | 20.65 | 2.12 | 2.11 | 2.08 | 2.71 | 26.00 | 23.79 | 29.97 | -0.41 | -3.79 | -3.18 | 0.93 | 14.95 | -12.44 | -13.37 |
| Total Shareholders' Equity | 687.63M | 927.37M | 1.06B | 1.04B | 1.05B | 1.13B | 1.27B | 1.31B | 1.31B | 993.35M | 153.13M | -2.38M | -22.17M | -18.49M | 5.32M | 45.84M | -33.76M | -36.27M |
| Common Stock | 538K | 538K | 535K | 529K | 525K | 522K | 516K | 509K | 502K | 478K | 68K | 67K | 67K | 67K | 66K | 65K | 33K | 0 |
| Retained Earnings | -390.52M | -150.88M | -195.01M | -231.02M | -190.08M | -61.63M | 9.75M | 16.03M | -18.8M | -121.76M | -262.03M | -254.17M | -264.42M | -252.34M | -219.35M | -166.46M | -117.42M | -90.18M |
| Treasury Stock | -355.92M | -355.92M | -205.86M | -177.28M | -166.18M | -158.04M | -122.08M | -57.95M | 0 | 0 | -23.72M | -23.72M | -23.72M | -23.72M | -23.72M | -23.72M | -23.72M | 0 |
| Accumulated OCI | 3.55M | 5.94M | -2.5M | 1.19M | -1.17M | 3.31M | 4.64M | -1.38M | -1.86M | 2.23M | -1.72M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 3.74M | 2.99M | 10.91M | 36.93M | 35.93M | 27.21M | 31.05M | 23.26M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Quick answers to the most common questions about buying ANGI stock.
As of 2025, Angi Inc. (ANGI) had total assets of $1.68B including $366.4M in current assets.
Angi Inc. (ANGI) carries total debt of $511.1M, offset by $303.7M in cash and short-term investments. Comparing total debt to cash helps evaluate the company's debt burden and net leverage.
Angi Inc. (ANGI) has total shareholders' equity (book value) of $927.4M ($19.89 book value per share). Book value represents the net worth of the company belonging to common stock holders.
Angi Inc. (ANGI) reported a current ratio of 1.65x. A current ratio above 1.0x indicates that the company has more current assets than current liabilities, suggesting sufficient short-term liquidity.
Key Metrics
Top Statement Risk
Marketplace demand and SEO
Metrics are mathematically derived from official filings.
Balance Sheet Contraction Amidst Uncertainty
As reported in recent financial filings, Angi's total assets have declined from $1.9 billion in 2024Q3 to $1.6 billion in 2026Q1, reflecting a shrinking operational footprint that mirrors the ongoing revenue contraction and the strategic pivot away from capital-intensive fulfillment models toward the core marketplace.
The reduction in total assets suggests a deliberate effort to streamline the balance sheet as the company retreats from its earlier, more aggressive expansion into service fulfillment. Investors should monitor whether this contraction represents a healthy pruning of non-core assets or a broader loss of competitive scale in the home services market.
Debt Retirement Enhances Financial Flexibility
Based on the most recent quarterly data, Angi has successfully reduced its total debt to zero as of 2026Q1, a significant improvement from the $497.7 million reported in 2025Q4, which substantially lowers the company's interest burden and provides a cleaner capital structure during this period of revenue decline.
The elimination of debt appears to be a strategic move to de-risk the balance sheet while the core business faces top-line headwinds. This shift suggests management is prioritizing financial stability over leverage-fueled growth, which may provide a necessary buffer against further operational volatility.
Liquidity Buffer Remains Sufficiently Robust
According to the latest balance sheet disclosures, Angi maintains a current ratio of 1.50 as of 2026Q1, which, while down from the 2.15 peak in 2025Q1, continues to provide a sufficient cushion to cover short-term obligations despite the ongoing pressures on cash generation and marketplace transaction volumes.
The current liquidity position appears adequate to support ongoing operations, though the downward trend in the current ratio warrants close observation. If the company continues to burn cash while revenue remains under pressure, the ability to maintain this liquidity buffer without external financing may become increasingly constrained.
Goodwill Concentration Masks Underlying Risks
As evidenced by the provided financial statements, goodwill remains a massive component of the asset base at $889.2 million in 2026Q1, representing over 55% of total assets, which suggests that the balance sheet is highly sensitive to potential impairment charges if marketplace performance continues to deteriorate.
The heavy reliance on goodwill as a primary asset highlights the risk that the company's historical acquisitions may no longer be generating the expected economic value. Investors should be wary that any further decline in the core business could trigger significant write-downs, which would materially impact the reported equity position.