Angi (ANGI) Q2 FY26 earnings call

Angi Inc. is executing a strategic pivot towards an AI-first single platform and penetrating the large Pro market, aiming for accelerated growth by 2027. Despite a challenging Q2 FY26 with an 11% revenue decline and a $235 million goodwill impairment, the company saw sequential EBITDA growth and positive trends in July. Management is focused on improving Pro win rates and capacity through AI agents and a refined go-to-market strategy, while also addressing capital allocation priorities like bond refinancing.