TREE

MKT CAP:$666M

LendingTree, Inc.

Market Cap

$666M

Financial Services·Financial - Conglomerates·🇺🇸 United States·NASDAQ

Financials·Financial·🇺🇸·NASDAQ

Stock Price

$49.24-$2.26 (-4.38%)

Apr 21, 2026

Company Details

LendingTree, Inc., through its subsidiary, LT Intermediate Company, LLC, operates online consumer platform in the United States. It operates through three segments: Home, Consumer, and Insurance. The Home segment offers purchase mortgage, r...

CEO

Scott Peyree

IPO Date

Aug 12, 2008

Website

www.lendingtree.com

Key Metrics TTM

Revenue

$1.1B

+24.1% YoY

Net Income

$151M

EPS (Diluted)

$10.79

Free Cash Flow

$61M

Revenue / Share

$79.46

Gross Margin

94.3%

Operating Margin

5.9%

Net Margin

13.5%

FCF Margin

5.4%

P/S

0.6x

P/E

4.4x

Earnings Reports

Q1 2026

May 7, 2026

PENDING

FY 2025

Mar 9, 2026

$1.1B+24.1%EPS $10.78

Q4 2025

Mar 9, 2026

$320M+22.2%EPS $10.32

Q3 2025

Oct 31, 2025

$308M+18.0%EPS $0.73

Q2 2025

Jul 31, 2025

$250M+19.0%EPS $0.66

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q1 22	$283M	$268M	-$3M
Q2 22	$262M	$247M	-$4M
Q3 22	$238M	$224M	-$19M
Q4 22	$202M	$189M	-$7M
Q1 23	$201M	$187M	-$13M
Q2 23	$182M	$173M	$7M
Q3 23	$155M	$148M	-$34M
Q4 23	$134M	$126M	-$221.0K
Q1 24	$168M	$159M	$7M
Q2 24	$210M	$202M	$10M
Q3 24	$261M	$251M	$10M
Q4 24	$262M	$252M	$18M
Q1 25	$240M	$230M	-$7M
Q2 25	$250M	$240M	$21M
Q3 25	$308M	$297M	$29M
Q4 25	$320M	$286M	$23M

Valuation

Quarter	P/S	P/E
Q1 22	—	—
Q2 22	—	—
Q3 22	0.6x	—
Q4 22	0.7x	—
Q1 23	0.7x	—
Q2 23	0.8x	—
Q3 23	0.9x	—
Q4 23	1.0x	—
Q1 24	1.0x	—
Q2 24	1.0x	—
Q3 24	0.9x	—
Q4 24	0.7x	—
Q1 25	0.7x	—
Q2 25	0.7x	—
Q3 25	0.6x	47.1x
Q4 25	0.6x	4.4x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q1 22	$10M	$7M
Q2 22	$7M	$4M
Q3 22	$10M	$8M
Q4 22	$17M	$14M
Q1 23	$13M	$11M
Q2 23	$15M	$13M
Q3 23	$18M	$13M
Q4 23	$21M	$18M
Q1 24	$6M	$3M
Q2 24	-$5M	-$8M
Q3 24	$45M	$42M
Q4 24	$16M	$13M
Q1 25	-$210.0K	-$4M
Q2 25	$28M	$25M
Q3 25	$29M	$26M
Q4 25	$17M	$14M

Capital Expenditures

Quarter	CapEx
Q1 22	$3M
Q2 22	$3M
Q3 22	$3M
Q4 22	$2M
Q1 23	$2M
Q2 23	$2M
Q3 23	$5M
Q4 23	$3M
Q1 24	$3M
Q2 24	$3M
Q3 24	$3M
Q4 24	$3M
Q1 25	$3M
Q2 25	$3M
Q3 25	$3M
Q4 25	$3M

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q4 22	-25.9%	-23.8%
Q1 23	-29.2%	-25.4%
Q2 23	-30.3%	-33.8%
Q3 23	-34.7%	-26.2%
Q4 23	-33.5%	-35.7%
Q1 24	-16.3%	-24.8%
Q2 24	+15.2%	+14.1%
Q3 24	+68.0%	+32.6%
Q4 24	+94.7%	+81.0%
Q1 25	+42.9%	+53.7%
Q2 25	+19.0%	+14.3%
Q3 25	+18.0%	+11.2%
Q4 25	+22.2%	+21.8%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q1 22	$15M	5.3%
Q2 22	$0	0.0%
Q3 22	$16M	6.5%
Q4 22	$12M	5.8%
Q1 23	$11M	5.6%
Q2 23	$10M	5.6%
Q3 23	$10M	6.3%
Q4 23	$8M	6.2%
Q1 24	$8M	4.6%
Q2 24	$7M	3.5%
Q3 24	$7M	2.6%
Q4 24	$6M	2.5%
Q1 25	$10M	4.1%
Q2 25	$5M	2.1%
Q3 25	$5M	1.6%
Q4 25	$9M	2.9%

OpEx Breakdown

Quarter	R&D	G&A	S&M
Q1 22	$14M	$36M	$204M
Q2 22	$14M	$40M	$185M
Q3 22	$14M	$40M	$177M
Q4 22	$13M	$37M	$137M
Q1 23	$15M	$37M	$137M
Q2 23	$11M	$29M	$116M
Q3 23	$11M	$26M	$97M
Q4 23	$11M	$25M	$83M
Q1 24	$12M	$26M	$108M
Q2 24	$10M	$27M	$148M
Q3 24	$11M	$27M	$194M
Q4 24	$13M	$29M	$186M
Q1 25	$12M	$31M	$173M
Q2 25	$11M	$25M	$177M
Q3 25	$11M	$26M	$225M
Q4 25	$45M	$31M	$238M

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 22	$197M	$0	$197M
Q2 22	$279M	$0	$279M
Q3 22	$286M	$0	$286M
Q4 22	$299M	$0	$299M
Q1 23	$150M	$0	$150M
Q2 23	$163M	$0	$163M
Q3 23	$176M	$0	$176M
Q4 23	$112M	$0	$112M
Q1 24	$231M	$0	$231M
Q2 24	$67M	$0	$67M
Q3 24	$97M	$0	$97M
Q4 24	$107M	$0	$107M
Q1 25	$126M	$0	$126M
Q2 25	$149M	$0	$149M
Q3 25	$69M	$0	$69M
Q4 25	$81M	$0	$81M

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q1 22	13M	-8.6%	—
Q2 22	13M	-1.4%	—
Q3 22	13M	+0.3%	—
Q4 22	13M	+0.3%	-9.4%
Q1 23	13M	+1.1%	+0.3%
Q2 23	13M	-0.2%	+1.5%
Q3 23	13M	+0.6%	+1.8%
Q4 23	13M	+0.2%	+1.8%
Q1 24	13M	+2.0%	+2.6%
Q2 24	13M	+1.0%	+3.8%
Q3 24	13M	-0.4%	+2.7%
Q4 24	14M	+1.8%	+4.4%
Q1 25	13M	-1.1%	+1.2%
Q2 25	13M	0.0%	+0.3%
Q3 25	13M	0.0%	+0.7%
Q4 25	14M	+4.6%	+3.5%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q1 22	$198.7K	1K
Q2 22	$183.8K	1K
Q3 22	$166.9K	1K
Q4 22	$161.3K	1K
Q1 23	$160.0K	1K
Q2 23	$145.6K	1K
Q3 23	$123.9K	1K
Q4 23	$154.4K	870
Q1 24	$192.8K	870
Q2 24	$241.5K	870
Q3 24	$299.8K	870
Q4 24	$279.1K	937
Q1 25	$255.8K	937
Q2 25	$266.9K	937
Q3 25	$328.5K	937
Q4 25	$345.2K	926

Revenue / Employee