LendingTree, Inc. (TREE)

LendingTree Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	1,012	900.22	672.5	984.99	1,098	909.99
Revenue Growth (YoY)	51.64%	33.86%	-31.72%	-10.33%	20.72%	-17.77%
Cost of Revenue	39.05	36.07	38.76	57.77	57.3	54.49
Gross Profit	973.1	864.15	633.74	927.22	1,041	855.5
Selling, General & Admin	840.39	744.67	551.29	854.62	927.46	746.51
Research & Development	47.5	46.36	47.2	55.55	52.87	43.64
Operating Expenses	911.01	815.22	625.25	955.58	1,041	857.42
Operating Income	62.09	48.93	8.5	-28.35	0.23	-1.92
Interest Expense	-40.3	-37.95	-30.02	-26.01	-46.87	-28.53
Other Non Operating Income (Expenses)	4.99	4.21	8.51	3.84	-	0.38
EBT Excluding Unusual Items	26.79	15.2	-13.01	-50.52	-46.64	-30.08
Merger & Restructuring Charges	-1.44	-0.51	-10.12	-4.43	-0.05	-0.3
Impairment of Goodwill	-	-	-38.6	-	-	-
Gain (Loss) on Sale of Investments	-59.6	-58.38	-114.5	-	123.27	-
Legal Settlements	-18.98	-3.8	-0.39	0.02	-0.39	0.94
Other Unusual Items	0.8	10.1	51.7	-	8.25	-13.1
Pretax Income	-52.43	-37.38	-124.92	-54.93	84.44	-42.53
Income Tax Expense	1.55	4.32	-2.52	133.02	11.3	-19.96
Earnings From Continuing Operations	-53.99	-41.7	-122.4	-187.95	73.14	-22.57
Earnings From Discontinued Operations	-	-	-	-	-4.02	-25.69
Net Income	-53.99	-41.7	-122.4	-187.95	69.12	-48.26
Net Income to Common	-53.99	-41.7	-122.4	-187.95	69.12	-48.26
Shares Outstanding (Basic)	13	13	13	13	13	13
Shares Outstanding (Diluted)	13	13	13	13	14	13
Shares Change (YoY)	2.57%	2.54%	1.16%	-6.59%	5.29%	-11.03%
EPS (Basic)	-4.02	-3.14	-9.46	-14.69	5.24	-3.71
EPS (Diluted)	-4.02	-3.14	-9.46	-14.69	5.05	-3.71
Free Cash Flow	77.33	51.04	55.04	31.52	99.51	-3.58
Free Cash Flow Per Share	5.76	3.85	4.25	2.46	7.27	-0.28
Gross Margin	96.14%	95.99%	94.24%	94.14%	94.78%	94.01%
Operating Margin	6.13%	5.44%	1.26%	-2.88%	0.02%	-0.21%
Profit Margin	-5.33%	-4.63%	-18.20%	-19.08%	6.29%	-5.30%
Free Cash Flow Margin	7.64%	5.67%	8.19%	3.20%	9.06%	-0.39%
EBITDA	71.71	59.62	21.86	2.95	47.58	54.26
EBITDA Margin	7.08%	6.62%	3.25%	0.30%	4.33%	5.96%
D&A For EBITDA	9.62	10.69	13.36	31.3	47.35	56.18
EBIT	62.09	48.93	8.5	-28.35	0.23	-1.92
EBIT Margin	6.13%	5.44%	1.26%	-2.88%	0.02%	-0.21%
Effective Tax Rate	-	-	-	-	13.38%	-
Advertising Expenses	-	3.89	7.56	-	716.6	567.7

Updated Jul 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q