LendingTree, Inc. (TREE)

Nasdaq: TREE · Loan Brokers · Charlotte, NC · filing with the SEC since 2008

Grade4.8

◀ Past 3.1● Present 6.0▶ Future 5.9

Overview Business Financials Grade Forecast Sentiment Ownership People Filings Patents Chart

Income statement, as filed

In thousands of US dollars (USD), as filed; per-share figures in US dollars; share counts in thousands. The fiscal year ends in December.

Income statement, by fiscal year, newest first
Fiscal year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Period ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016
Report filed	Mar 9, 2026	Mar 7, 2025	Feb 29, 2024	Feb 28, 2023	Mar 1, 2022	Mar 1, 2021	Feb 27, 2020	Feb 28, 2019	Feb 26, 2018	Feb 28, 2017
Revenue	1,117,324	900,219	672,502	984,992	1,098,499	909,990	1,106,603	764,865	617,736	384,402
For lenders
Net interest income	·	·	21,685	-26,014	-46,867	·	·	·	·	·
Cost of revenue	42,525	36,072	38,758	57,769	57,297	54,494	68,379	36,399	17,223	13,764
Gross profit	352,047	309,568	289,754	368,941	410,366	369,473	432,318	305,137	251,391	·
Research and development	45,251	46,358	47,197	55,553	52,865	43,636	39,953	26,958	17,925	13,761
Sales and marketing	812,904	635,963	433,588	702,238	773,990	617,404	735,180	500,291	432,784	261,100
General and administrative	112,888	108,705	117,700	152,383^r	153,472	129,101	116,847	101,219	71,541	37,227
Total costs and expenses	1,052,511	855,592	713,113	1,017,754^r	1,090,468	916,593	1,055,875	708,674	584,603	332,290
Operating income	64,813	44,627	-40,611	-32,762^r	8,031	-6,603	50,728	56,191	33,133	52,112
Interest expense	·	·	·	26,014	46,867	36,300	20,271	12,437	7,028	561
Interest income (expense), net	-46,787	-27,849	21,685	-26,014	·	·	·	·	·	·
Other income (expense), net	2,998	-54,162	-105,993	3,843	123,272	·	·	·	·	·
Income before income taxes	21,024	-37,384	-124,919	-54,933^r	84,436	-42,527	30,981	43,744	25,709	51,574
Income tax expense	-130,284	4,320	-2,515	133,019	11,298	-19,961	-8,479	-65,575	6,291	20,366
Income from continuing operations	·	·	-122,404	-187,952^r	73,138	-22,566	39,460	109,319	19,418	31,208
Income from discontinued operations	·	·	0	0^r	-4,023	-25,689	-21,632	-12,820	-3,840	-3,714
Net income	151,308	-41,704	-122,404	-187,952	69,115	-48,255	·	·	·	·
Net income to common shareholders	·	·	·	·	69,115	-48,255	17,828	96,499	15,578	27,494
Earnings per share, basic	11.14	-3.14	-9.46	-14.69	5.24	-3.71	1.39	7.72	1.30	2.33
Earnings per share, diluted	10.78	-3.14	-9.46	-14.69	5.05	-3.71	1.22	6.85	1.14	2.15
Weighted average shares, basic	13,584	13,269	12,941	12,793	13,199	13,007	12,834	12,504	11,945	11,812
Weighted average shares, diluted	14,062	13,269	12,941	12,793	13,695	13,007	14,619	14,097	13,682	12,773

As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.Share counts and per-share figures are on the newest report's basis, after the change of share basis.A dot is a line not tagged for that period. ^r restated by the company in a later report; ^b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.

What each line is, and the XBRL concept behind it

Revenue what customers paid for what it soldus-gaap:Revenues

Net interest income interest earned less interest paidus-gaap:InterestIncomeExpenseNet

Cost of revenue what it cost to make or buy what it soldus-gaap:CostOfRevenue

Gross profit revenue less the cost of what it soldus-gaap:GrossProfit

Research and development spent on inventing what it sells nextus-gaap:ResearchAndDevelopmentExpense

Sales and marketing the cost of finding and serving customersus-gaap:SellingAndMarketingExpense

General and administrative the cost of running the company itselfus-gaap:GeneralAndAdministrativeExpense

Total costs and expenses every operating cost, the cost of revenue includedus-gaap:CostsAndExpenses

Operating income profit from running the business, before interest and taxus-gaap:OperatingIncomeLoss

Interest expense what its borrowing costus-gaap:InterestExpense

Interest income (expense), net interest earned less interest paid, outside the businessus-gaap:InterestIncomeExpenseNonoperatingNet

Other income (expense), net gains and costs outside the businessus-gaap:OtherNonoperatingIncomeExpense

Income before income taxes profit before tax

us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments

Income tax expense tax charged on the period's profitus-gaap:IncomeTaxExpenseBenefit

Income from continuing operations profit from the businesses it keepsus-gaap:IncomeLossFromContinuingOperations

Income from discontinued operations profit or loss from businesses it sold or closedus-gaap:IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity

Net income the profit or loss that belongs to the company's shareholdersus-gaap:NetIncomeLoss

Net income to common shareholders what is left for common shareholdersus-gaap:NetIncomeLossAvailableToCommonStockholdersBasic

Earnings per share, basic net income per share outstandingus-gaap:EarningsPerShareBasic

Earnings per share, diluted net income per share, counting every share that could be issuedus-gaap:EarningsPerShareDiluted

Weighted average shares, basic the average count of shares outstandingus-gaap:WeightedAverageNumberOfSharesOutstandingBasic

Weighted average shares, diluted the average count with every share that could be issuedus-gaap:WeightedAverageNumberOfDilutedSharesOutstanding

SI Assistanton TREE · research, not advice