LendingClub Corp (LC) Financial Statements
Industry: Personal Credit Institutions
In fiscal 2025, LendingClub reported revenue of $998.8M, up 26.9% from $787.0M the year before. Net income was $135.7M (a 13.6% net margin), or $1.16 per diluted share. Net interest income was $625.7M, and the efficiency ratio (noninterest expense / revenue) was 63.1%. Operating activities generated -$2.73B of cash, leaving -$2.87B of free cash flow. At fiscal year end, LendingClub held $11.57B in total assets against $10.07B in total liabilities.
Open the full interactive LendingClub financials → Quarterly statements, key ratios, valuation history and price charts.
LendingClub Key Stats
| Share Price | $14.82 |
|---|---|
| Market Cap | $1.74B |
| P/E Ratio | 12.8 |
| Revenue YoY Growth | +26.9% |
| 52-Week Range | $13.32 – $21.58 |
| Shares Outstanding | 115.4 million (basic, 2026 Q2) |
LendingClub Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Net Interest Income | — | $212.8M | $474.8M | $561.8M | $534.0M | $625.7M |
| Provision for Credit Losses | — | $138.8M | $267.3M | $243.6M | $178.3M | $191.3M |
| Noninterest Income | — | $605.8M | $712.4M | $302.8M | $253.0M | $373.2M |
| Noninterest Expense | — | $661.4M | $766.9M | $566.4M | $543.7M | $630.6M |
| Revenue | $314.7M | $818.6M | $1.19B | $864.6M | $787.0M | $998.8M |
| Pre-Tax Income | -$187.6M | $18.4M | $153.0M | $54.6M | $65.1M | $176.9M |
| Income Tax | -$79,000 | -$136,000 | -$136.6M | $15.7M | $13.7M | $41.3M |
| Net Income | -$187.5M | $18.6M | $289.7M | $38.9M | $51.3M | $135.7M |
| Diluted EPS | — | $0.18 | — | — | $0.45 | $1.16 |
LendingClub Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $266.2M | $266.5M | $252.3M | $262.9M |
| Net Income | $44.3M | $41.6M | $51.6M | $58.1M |
| Diluted EPS | $0.37 | $0.35 | $0.44 | $0.50 |
LendingClub Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $525.0M | — | — | — | — | — |
| Loans (Net) | — | $2.75B | $4.71B | $4.54B | $3.89B | $4.00B |
| Total Assets | $1.86B | $4.90B | $7.98B | $8.83B | $10.63B | $11.57B |
| Deposits | — | $3.14B | $6.39B | $7.33B | $9.07B | $9.83B |
| Total Long-Term Debt | — | $15.5M | — | $8.9M | — | — |
| Total Liabilities | $1.14B | $4.05B | $6.82B | $7.58B | $9.29B | $10.07B |
| Shareholders' Equity | $724.2M | $850.2M | $1.16B | $1.25B | $1.34B | $1.50B |
LendingClub Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $418.0M | $239.9M | $375.6M | -$1.14B | -$2.63B | -$2.73B |
| Cash From Investing | $565.8M | -$454.4M | -$2.81B | $516.7M | $607.8M | $1.93B |
| Cash From Financing | -$842.4M | $349.6M | $2.80B | $789.6M | $1.71B | $747.8M |
| Free Cash Flow | $386.9M | $205.5M | $306.1M | -$1.20B | -$2.69B | -$2.87B |
| Dividends Paid | $50.2M | $0 | $0 | — | — | — |
Figures from LendingClub's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full LendingClub financials page for every line item.
LendingClub Company Profile
| Ticker | LC |
|---|---|
| Exchange | Nasdaq |
| Industry | Personal Credit Institutions |
| Headquarters | San Francisco, California |
| Incorporated in | Delaware |
| Fiscal Year End | December 31 |
| SEC Filer Category | Large accelerated filer |
| SEC CIK | 0001409970 |
Frequently Asked Questions
What was LendingClub's revenue in fiscal 2025?
LendingClub (LC) reported revenue of $998.8M for fiscal 2025.
What is LendingClub's annual revenue history?
LendingClub's annual revenue by fiscal year: 2020: $314.7M; 2021: $818.6M; 2022: $1.19B; 2023: $864.6M; 2024: $787.0M; 2025: $998.8M.
What was LendingClub's net income in fiscal 2025?
LendingClub reported net income of $135.7M for fiscal 2025.
What was LendingClub's earnings per share (EPS) in fiscal 2025?
LendingClub's diluted EPS was $1.16 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did LendingClub generate in fiscal 2025?
LendingClub generated -$2.87B of free cash flow in fiscal 2025.
What was LendingClub's revenue last quarter?
In its most recent reported quarter (2026 Q2), LendingClub reported revenue of $262.9M.
How many shares of LendingClub are outstanding?
LendingClub reported a weighted average of 115.4 million basic shares outstanding in 2026 Q2.
What is LendingClub's market cap?
Based on its latest closing price, LendingClub (LC) has a market capitalization of about $1.74B.
When does LendingClub's fiscal year end?
LendingClub's fiscal year end, as registered with the SEC, is December 31.
Where is LendingClub headquartered?
LendingClub lists its business address in San Francisco, California in its SEC filings.