LendingTree (TREE) Q3 FY2026 earnings: revenue $344 million, up 11.6% on the year

LendingTree, Inc. (TREE) reported revenue of $344 million for Q3 FY2026, the quarter ended 30 September 2026, up 11.6% on the same quarter a year earlier. Net income was -$72 million, and diluted earnings per share $-5.15. The figures are the company's own, from the 10-Q it filed with the SEC on 6 November 2026.

Revenue

$344 million

+11.6% on the year · +9.6% on the quarter

Q4 FY2024Q3 FY2026

Operating margin

-20.5%

9.3% a year earlier

Q4 FY2024Q3 FY2026

Net income

-$72 million

Q4 FY2024Q3 FY2026

Diluted EPS

-$5.15

Q4 FY2024Q3 FY2026

this quarterthe same quarter a year earlierHover a bar for its figure.

What management said

Guidance figures: 2 raised, 1 narrowed, 3 new.

Revenue up 12% in every segment: Revenue rose 12% to $343.6 million from $307.8 million a year earlier and 10% from $313.4 million in the second quarter. Management described it as the tenth straight quarter of double-digit growth.
GAAP net loss from goodwill charge: GAAP net loss was $(72.4) million, or $(5.15) per diluted share, against net income of $10.2 million a year earlier. The company attributed the loss to a $98.8 million non-cash goodwill charge.
Insurance revenue up 15%: Insurance revenue was $234.9 million, up 15% year over year and 12% sequentially. Segment profit was $54.2 million, up 14%, at a 23% segment margin.

Read the earnings call summary

Income statement (profit and loss)

$ million	Q3 FY2026	Q2 FY2026	Q3 FY2025	On the quarter	On the year
Revenue	344	313	308	+9.6%	+11.6%
Cost of revenue	11.7	11.3	11.0	+3.6%	+5.9%
Gross profit	96.1	88.8	94.6	+8.2%	+1.7%
Gross margin	28.0%	28.3%	30.7%
Research and development	10.2	10.0	11.3	+2.1%	-9.3%
Operating income	-70.3	21.8	28.8
Operating margin	-20.5%	7.0%	9.3%
Interest expense	9.1	8.5	17.9	+7.6%	-49.0%
Pre-tax income	-78.4	14.1	11.6
Income tax	-6.0	4.6	1.4
Effective tax rate	n/a	32.3%	12.3%
Net income	-72.4	9.6	10.2
Net margin	-21.1%	3.1%	3.3%
Diluted EPS	-$5.15	$0.68	$0.73

$ million except per share.

Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.

Cash flow

$ million	Q3 FY2026	Q2 FY2026	Q3 FY2025	On the quarter	On the year
Operating cash flow	35.7	29.2	28.8	+22.5%	+23.9%
Capital expenditure	2.9	3.2	3.3	-7.0%	-9.9%
Free cash flow	32.8	26.0	25.6	+26.1%	+28.2%
Free cash flow margin	9.5%	8.3%	8.3%
Cash from investing	-2.9	-3.2	-0.8
Cash from financing	-60.8	-0.8	-109
Depreciation and amortisation	4.1	4.3	4.0	-3.0%	+3.8%
Share-based compensation	4.9	6.2	5.0	-21.2%	-2.1%
Diluted shares, weighted	14m	14m	14m	-0.1%	+0.4%
Shares outstanding at period end	14m	14m	14m	+0.1%	+3.0%

Cash flow lines for the quarter; where the company files them year to date, the quarter is the difference between two filings.

Balance sheet

$ million	Q3 FY2026	Q2 FY2026	Q3 FY2025	On the quarter	On the year
Shareholders' equity	253	321	132	-21.1%	+91.2%
Debt	331	390	392	-15.3%	-15.7%
Operating lease liabilities	42.1	42.0	52.0	+0.3%	-19.1%
Other liabilities	178	159	183	+12.5%	-2.6%
Total liabilities and equity	804	912	760	-11.8%	+5.8%
Fixed assets	29.2	30.4	33.9	-3.9%	-13.9%
Goodwill	283	382	382	-25.9%	-25.9%
Intangible assets	34.3	35.5	39.4	-3.5%	-13.0%
Cash and equivalents	82.7	111	68.6	-25.3%	+20.6%
Receivables	165	149	149	+10.5%	+10.4%
Other assets	210	204	87.1	+3.0%	+141.6%
Total assets	804	912	760	-11.8%	+5.8%

Questions

What was LendingTree's revenue in Q3 FY2026?

LendingTree (TREE) reported revenue of $344 million for Q3 FY2026, the quarter ended 30 September 2026, up 11.6% on the same quarter a year earlier.

How much did LendingTree earn in Q3 FY2026?

Net loss for Q3 FY2026 was $72 million, and the diluted loss per share $5.15.

When did LendingTree report Q3 FY2026 results?

LendingTree filed its 10-Q for the quarter ended 30 September 2026 with the SEC on 6 November 2026.

Quarterly results, the last 20 quarters

	Q4 FY2021 *	Q1 FY2022 †	Q2 FY2022	Q3 FY2022	Q4 FY2022 *	Q1 FY2023	Q2 FY2023	Q3 FY2023	Q4 FY2023 *	Q1 FY2024	Q2 FY2024	Q3 FY2024	Q4 FY2024 *	Q1 FY2025	Q2 FY2025	Q3 FY2025	Q4 FY2025 *	Q1 FY2026	Q2 FY2026	Q3 FY2026
Revenue	258	283	262	238	202	201	182	155	134	168	210	261	262	240	250	308	320	327	313	344
Cost of revenue	14.4	15.6	14.6	14.1	13.5	13.8	9.3	7.6	8.1	8.5	8.4	9.4	9.7	9.9	10.0	11.0	11.6	11.7	11.3	11.7
Gross profit	95.5	99.5	93.8	92.3	83.4	80.0	78.5	69.1	62.2	70.5	72.5	78.6	87.9	79.0	85.1	94.6	93.4	101	88.8	96.1
Gross margin	37%	35%	36%	39%	41%	40%	43%	45%	46%	42%	34%	30%	34%	33%	34%	31%	29%	31%	28%	28%
R&D	13.7	14.1	14.3	14.0	13.1	14.7	10.6	10.8	11.1	11.9	10.4	11.2	12.9	11.9	11.5	11.3	10.6	11.5	10.0	10.2
Operating income	-8.0	-2.9	-3.9	-18.6	-7.4	-13.0	6.6	-34.0	-0.2	7.2	9.6	9.9	17.9	-7.1	20.9	28.8	22.2	31.1	21.8	-70.3
Operating margin	-3%	-1%	-1%	-8%	-4%	-6%	4%	-22%	-0%	4%	5%	4%	7%	-3%	8%	9%	7%	10%	7%	-20%
Interest expense	n/a	n/a	n/a	n/a	n/a	n/a	6.9	7.1	n/a	6.6	1.2	10.1	9.9	9.1	10.4	17.9	9.4	8.6	8.5	9.1
Pre-tax income	60.2	-10.4	-10.4	-22.8	-11.3	13.9	0.1	-152	13.1	1.6	9.4	-57.5	9.1	-14.8	10.8	11.6	13.5	22.9	14.1	-78.4
Tax rate	20%	n/a	n/a	n/a	n/a	3%	203%	n/a	3%	35%	18%	n/a	18%	n/a	18%	12%	-974%	25%	32%	n/a
Net income	47.9	-10.8	-8.0	-159	-10.4	13.5	-0.1	-148	12.7	1.0	7.8	-58.0	7.5	-12.4	8.9	10.2	145	17.3	9.6	-72.4
Net margin	19%	-4%	-3%	-67%	-5%	7%	-0%	-96%	9%	1%	4%	-22%	3%	-5%	4%	3%	45%	5%	3%	-21%
Diluted EPS	$3.56	-$0.84	-$0.63	-$12.44	-$0.81	$1.04	-$0.01	-$11.43	$0.98	$0.08	$0.58	-$4.34	$0.55	-$0.92	$0.65	$0.73	$10.27	$1.22	$0.68	-$5.15
Operating cash flow	n/a	10.0	6.1	10.2	16.6	13.2	15.1	18.5	20.9	5.7	-4.9	45.3	16.2	-0.2	28.0	28.8	16.5	11.6	29.2	35.7
Capital expenditure	4.5	3.5	2.9	2.6	2.5	2.5	2.4	5.1	2.6	2.7	2.7	2.9	2.8	3.4	2.7	3.3	3.0	2.8	3.2	2.9
Free cash flow	n/a	6.5	3.2	7.6	14.2	10.7	12.7	13.4	18.3	3.0	-7.7	42.3	13.4	-3.6	25.2	25.6	13.5	8.8	26.0	32.8
Buybacks	40.0	43.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Shares outstanding	13m	13m	13m	13m	13m	13m	13m	13m	13m	13m	13m	13m	13m	14m	14m	14m	14m	14m	14m	14m
Filing	10-K	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-Q

Each quarter as filed, linked to its filing.

* The fourth quarter is the full year less the first three quarters, because the company files the year and not the quarter on its own. A fourth quarter's EPS, and its diluted share count where shown, are from the company's results press release for that quarter, checked against the company's filed figures or a second data source. A quarter marked † is shown as the company last restated it in a later filing, so it compares with the quarters around it on one basis; rest on a figure for the one first filed. EPS is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and the share count are as they are. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Cash flow lines filed year to date are the difference between two filings. Shares outstanding are at the period end where the balance sheet tags them, otherwise the count on the filing's cover page. A derived fourth-quarter EPS is left blank when a split in the year makes the arithmetic meaningless.

10-Q for the period ended 30 September 2026, filed 6 November 2026: the filing.