Phrase has many meanings. Normally used to describe something of irrelevance or an acceptance of the situation. Used primarily to cause confusion to the listener.
Person x: "Hey your feet smell of rotten cheese" Person Y: "It is what it is" or Person A: "I cant believe i failed my Marketing exam" Person B: "It is what it is"
By Armin
One socially-permissible way of NOT swearing or threatening to commit a felony while meaning to say things like "my life is fucking over because of that," "I want to kill her but I can't" and similar such. It's an excellent reply to any unfavorable situation, denoting momentary acceptance in the face of insurmountable odds.
The bank LOST my money? (deep breath) Hey, it is what it is.
By nilochlainn
Something Juan Soto says.
I can't be with you because you're married, it is what it is.
By Techneak
This phrase can have a more aggressive or assertive stance defining the speakers dominant position or status.
When asked how they had won the game,the quarterback replied to the sports writer that, "It is what it is, we're just the better team."
By Name Brand
An expression of dismissal in response to an inane, disagreed with, or inaccurate statement or question.
Example 1: Person 1: They just dissed me because I was wearing green pants. Can you believe it? Person 2: It is what it is. Example 2: Person 1: I can't believe that I have to pay for a bottle of water at this concert! It should be free! Person 2: It is what it is.
By oaktb