LC

MKT CAP:$2B

LendingClub Corporation

Market Cap

$2B

Financial Services·Financial - Credit Services·🇺🇸 United States·NYSE

Financials·Financial·🇺🇸·NYSE

Stock Price

$17.32-$1.80 (-9.41%)

Apr 23, 2026

Company Details

LendingClub Corporation, operates as a bank holding company for LendingClub Bank, National Association that provides range of financial products and services through a technology-driven platform in the United States. The company provides co...

CEO

Scott C. Sanborn

IPO Date

Dec 11, 2014

Website

www.lendingclub.com

Key Metrics TTM

Revenue

$1.3B

+15.0% YoY

Net Income

$136M

EPS (Diluted)

$1.15

Free Cash Flow

-$2.9B

Revenue / Share

$11.23

Gross Margin

64.0%

Operating Margin

16.8%

Net Margin

10.2%

FCF Margin

-214.8%

P/S

1.5x

P/E

14.9x

Earnings Reports

Q1 2026

Apr 27, 2026

PENDING

FY 2025

Feb 12, 2026

$1.3B+15.0%EPS $1.15

Q4 2025

Feb 12, 2026

$354M+12.2%EPS $0.35

Q3 2025

Oct 30, 2025

$350M+15.8%EPS $0.37

Q2 2025

Jul 31, 2025

$331M+19.0%EPS $0.33

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q1 22	$296M	$232M	$46M
Q2 22	$337M	$254M	$50M
Q3 22	$320M	$218M	$36M
Q4 22	$297M	$196M	$21M
Q1 23	$301M	$175M	$18M
Q2 23	$300M	$166M	$15M
Q3 23	$271M	$136M	$8M
Q4 23	$273M	$154M	$14M
Q1 24	$265M	$149M	$17M
Q2 24	$278M	$152M	$19M
Q3 24	$302M	$154M	$18M
Q4 24	$315M	$154M	$11M
Q1 25	$300M	$160M	$16M
Q2 25	$331M	$209M	$54M
Q3 25	$350M	$220M	$57M
Q4 25	$354M	$266M	$97M

Valuation

Quarter	P/S	P/E
Q1 22	1.9x	19.0x
Q2 22	1.7x	7.3x
Q3 22	1.7x	6.9x
Q4 22	1.6x	7.0x
Q1 23	1.6x	7.7x
Q2 23	1.7x	22.4x
Q3 23	1.7x	38.7x
Q4 23	1.8x	52.1x
Q1 24	1.8x	54.0x
Q2 24	1.9x	47.9x
Q3 24	1.8x	39.2x
Q4 24	1.7x	39.5x
Q1 25	1.7x	40.0x
Q2 25	1.6x	27.4x
Q3 25	1.6x	19.5x
Q4 25	1.5x	14.9x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q1 22	$41M	$19M
Q2 22	$191M	$175M
Q3 22	$110M	$93M
Q4 22	$33M	$19M
Q1 23	$114M	$98M
Q2 23	-$91M	-$107M
Q3 23	-$345M	-$361M
Q4 23	-$815M	-$826M
Q1 24	-$847M	-$858M
Q2 24	-$932M	-$945M
Q3 24	-$670M	-$682M
Q4 24	-$185M	-$203M
Q1 25	-$339M	-$352M
Q2 25	-$713M	-$804M
Q3 25	-$771M	-$792M
Q4 25	-$904M	-$919M

Capital Expenditures

Quarter	CapEx
Q1 22	$22M
Q2 22	$16M
Q3 22	$17M
Q4 22	$15M
Q1 23	$16M
Q2 23	$16M
Q3 23	$16M
Q4 23	$11M
Q1 24	$12M
Q2 24	$13M
Q3 24	$12M
Q4 24	$17M
Q1 25	$13M
Q2 25	$91M
Q3 25	$21M
Q4 25	$16M

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q1 22	+130.1%	+40.1%
Q2 22	+51.7%	+34.9%
Q3 22	+23.3%	+23.6%
Q4 22	+8.9%	+13.1%
Q1 23	+1.8%	+13.4%
Q2 23	-10.8%	-0.4%
Q3 23	-15.2%	-7.4%
Q4 23	-8.0%	-5.9%
Q1 24	-12.0%	-12.3%
Q2 24	-7.3%	-9.3%
Q3 24	+11.3%	+8.0%
Q4 24	+15.6%	+17.4%
Q1 25	+13.1%	+14.3%
Q2 25	+19.0%	+7.1%
Q3 25	+15.8%	+2.9%
Q4 25	+12.2%	-15.6%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q1 22	$16M	5.3%
Q2 22	$18M	5.3%
Q3 22	$17M	5.2%
Q4 22	$16M	5.4%
Q1 23	$12M	3.9%
Q2 23	$16M	5.3%
Q3 23	$14M	5.3%
Q4 23	$10M	3.8%
Q1 24	$12M	4.4%
Q2 24	$9M	3.4%
Q3 24	$10M	3.2%
Q4 24	$10M	3.0%
Q1 25	$9M	2.8%
Q2 25	$9M	2.7%
Q3 25	$8M	2.4%
Q4 25	$8M	2.3%

OpEx Breakdown

Quarter	G&A	S&M
Q1 22	$82M	$55M
Q2 22	$85M	$61M
Q3 22	$85M	$46M
Q4 22	$88M	$35M
Q1 23	$73M	$27M
Q2 23	$72M	$24M
Q3 23	$58M	$20M
Q4 23	$59M	$23M
Q1 24	$60M	$24M
Q2 24	$57M	$27M
Q3 24	$57M	$26M
Q4 24	$59M	$23M
Q1 25	$58M	$29M
Q2 25	$62M	$34M
Q3 25	$61M	$41M
Q4 25	$61M	$46M

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 22	$1.1B	$390M	$1.4B
Q2 22	$1.0B	$403M	$1.4B
Q3 22	$953M	$359M	$1.3B
Q4 22	$1.1B	$346M	$1.4B
Q1 23	$1.6B	$380M	$2.0B
Q2 23	$1.2B	$524M	$1.7B
Q3 23	$1.3B	$796M	$2.1B
Q4 23	$1.3B	$1.6B	$2.9B
Q1 24	$1.1B	$2.2B	$3.3B
Q2 24	$938M	$2.8B	$3.8B
Q3 24	$1.0B	$3.3B	$4.3B
Q4 24	$954M	$3M	$957M
Q1 25	$896M	$3M	$899M
Q2 25	$753M	$3.5B	$4.3B
Q3 25	$846M	$3.7B	$4.6B
Q4 25	$12M	$3.7B	$3.7B

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q1 22	105M	-2.8%	+13.4%
Q2 22	105M	-0.0%	+3.0%
Q3 22	106M	+0.8%	-0.2%
Q4 22	106M	+0.1%	-2.0%
Q1 23	107M	+0.9%	+1.8%
Q2 23	108M	+0.9%	+2.7%
Q3 23	109M	+1.1%	+3.0%
Q4 23	110M	+0.8%	+3.7%
Q1 24	111M	+0.7%	+3.5%
Q2 24	111M	+0.7%	+3.3%
Q3 24	114M	+2.2%	+4.4%
Q4 24	116M	+2.2%	+5.9%
Q1 25	116M	-0.2%	+5.0%
Q2 25	116M	-0.4%	+3.8%
Q3 25	118M	+2.2%	+3.7%
Q4 25	119M	+0.6%	+2.1%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q1 22	$213.9K	1K
Q2 22	$243.2K	1K
Q3 22	$231.1K	1K
Q4 22	$187.1K	2K
Q1 23	$190.2K	2K
Q2 23	$189.5K	2K
Q3 23	$171.1K	2K
Q4 23	$266.2K	1K
Q1 24	$258.7K	1K
Q2 24	$271.6K	1K
Q3 24	$294.7K	1K
Q4 24	$314.8K	1K
Q1 25	$299.2K	1K
Q2 25	$330.6K	1K
Q3 25	$348.9K	1K
Q4 25	$329.3K	1K

Revenue / Employee