LendingTree, Inc. (TREE) Financial Statements
Industry: Loan Brokers
In fiscal 2025, LendingTree reported revenue of $1.12B, up 24.1% from $900.2M the year before. Net income was $151.3M (a 13.5% net margin), or $10.78 per diluted share. Gross margin was 31.5% and operating margin was 5.8%. Operating activities generated $73.1M of cash, leaving $60.7M of free cash flow. At fiscal year end, LendingTree held $855.7M in total assets against $568.9M in total liabilities, including $81.1M of cash and equivalents.
Open the full interactive LendingTree financials → Quarterly statements, key ratios, valuation history and price charts.
LendingTree Key Stats
| Share Price | $24.78 |
|---|---|
| Market Cap | $348.3M |
| P/E Ratio | 2.3 |
| Revenue YoY Growth | +24.1% |
| 52-Week Range | $24.00 – $68.01 |
| Shares Outstanding | 14.0 million (basic, 2026 Q2) |
LendingTree Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $910.0M | $1.10B | $985.0M | $672.5M | $900.2M | $1.12B |
| Cost of Goods Sold | $916.6M | $1.09B | $1.02B | $713.1M | $855.6M | $1.05B |
| Gross Profit | $369.5M | $410.4M | $368.9M | $289.8M | $309.6M | $352.0M |
| Operating Income | -$6.6M | $8.0M | -$32.8M | -$40.6M | $44.6M | $64.8M |
| Pre-Tax Income | -$42.5M | $84.4M | -$54.9M | -$124.9M | -$37.4M | $21.0M |
| Income Tax | -$20.0M | $11.3M | $133.0M | -$2.5M | $4.3M | -$130.3M |
| Net Income | -$22.6M | $73.1M | -$188.0M | -$122.4M | -$41.7M | $151.3M |
| Diluted EPS | -$3.71 | $5.05 | -$14.69 | -$9.46 | -$3.14 | $10.78 |
LendingTree Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $307.8M | $319.7M | $327.3M | $313.4M |
| Net Income | $10.2M | $144.7M | $17.3M | $9.6M |
| Diluted EPS | $0.73 | $10.29 | $1.22 | $0.68 |
LendingTree Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $169.9M | $251.2M | $298.8M | $112.1M | $106.6M | $81.1M |
| Current Assets | $296.4M | $374.4M | $414.0M | $196.5M | $238.5M | $229.7M |
| Total Assets | $1.19B | $1.30B | $1.20B | $802.8M | $767.7M | $855.7M |
| Current Liabilities | $111.8M | $274.4M | $82.5M | $75.6M | $240.5M | $137.5M |
| Total Long-Term Debt | $611.4M | $644.2M | $816.0M | $528.7M | $469.1M | $391.6M |
| Total Liabilities | $824.2M | $851.4M | $991.4M | $678.6M | $658.9M | $568.9M |
| Shareholders' Equity | $364.8M | $448.0M | $207.9M | $124.1M | $108.8M | $286.8M |
LendingTree Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $111.3M | $131.3M | $43.0M | $67.6M | $62.3M | $73.1M |
| Cash From Investing | -$122.1M | $10.1M | -$27.9M | -$12.5M | -$11.2M | -$9.9M |
| Cash From Financing | $193.3M | -$63.3M | $32.5M | -$242.0M | -$56.5M | -$88.7M |
| Free Cash Flow | $69.2M | $96.2M | $31.5M | $55.0M | $51.0M | $60.7M |
Figures from LendingTree'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 LendingTree financials page for every line item.
LendingTree Company Profile
| Ticker | TREE |
|---|---|
| Exchange | Nasdaq |
| Industry | Loan Brokers |
| Headquarters | Charlotte, North Carolina |
| Incorporated in | Delaware |
| Fiscal Year End | December 31 |
| SEC Filer Category | Accelerated filer |
| SEC CIK | 0001434621 |
Frequently Asked Questions
What was LendingTree's revenue in fiscal 2025?
LendingTree (TREE) reported revenue of $1.12B for fiscal 2025.
What is LendingTree's annual revenue history?
LendingTree's annual revenue by fiscal year: 2020: $910.0M; 2021: $1.10B; 2022: $985.0M; 2023: $672.5M; 2024: $900.2M; 2025: $1.12B.
What was LendingTree's net income in fiscal 2025?
LendingTree reported net income of $151.3M for fiscal 2025.
What was LendingTree's earnings per share (EPS) in fiscal 2025?
LendingTree's diluted EPS was $10.78 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did LendingTree generate in fiscal 2025?
LendingTree generated $60.7M of free cash flow in fiscal 2025.
What was LendingTree's revenue last quarter?
In its most recent reported quarter (2026 Q2), LendingTree reported revenue of $313.4M.
How much debt does LendingTree have?
LendingTree reported $391.6M of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of LendingTree are outstanding?
LendingTree reported a weighted average of 14.0 million basic shares outstanding in 2026 Q2.
What is LendingTree's market cap?
Based on its latest closing price, LendingTree (TREE) has a market capitalization of about $348.3M.
When does LendingTree's fiscal year end?
LendingTree's fiscal year end, as registered with the SEC, is December 31.
Where is LendingTree headquartered?
LendingTree lists its business address in Charlotte, North Carolina in its SEC filings.