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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	1,059	900.22	672.5	984.99	1,098	909.99
Revenue Growth (YoY)	37.01%	33.86%	-31.72%	-10.33%	20.72%	-17.77%
Cost of Revenue	40.7	36.07	38.76	57.77	57.3	54.49
Gross Profit	1,018	864.15	633.74	927.22	1,041	855.5
Selling, General & Admin	871.45	744.67	551.29	854.62	927.46	746.51
Research & Development	47.61	46.36	47.2	55.55	52.87	43.64
Amortization of Goodwill & Intangibles	5.37	5.89	7.69	25.31	42.74	53.08
Operating Expenses	941.41	815.22	625.25	955.58	1,041	857.42
Operating Income	77.05	48.93	8.5	-28.35	0.23	-1.92
Interest Expense	-47.34	-37.95	-30.02	-26.01	-46.87	-28.53
Other Non Operating Income (Expenses)	4.74	4.21	8.51	3.84	-	0.38
EBT Excluding Unusual Items	34.45	15.2	-13.01	-50.52	-46.64	-30.08
Merger & Restructuring Charges	-1.25	-0.51	-10.12	-4.43	-0.05	-0.3
Impairment of Goodwill	-	-	-38.6	-	-	-
Gain (Loss) on Sale of Investments	-1.23	-58.38	-114.5	-	123.27	-
Legal Settlements	-15.29	-3.8	-0.39	0.02	-0.39	0.94
Other Unusual Items	-	10.1	51.7	-	8.25	-13.1
Pretax Income	16.69	-37.38	-124.92	-54.93	84.44	-42.53
Income Tax Expense	2.53	4.32	-2.52	133.02	11.3	-19.96
Earnings From Continuing Operations	14.16	-41.7	-122.4	-187.95	73.14	-22.57
Earnings From Discontinued Operations	-	-	-	-	-4.02	-25.69
Net Income	14.16	-41.7	-122.4	-187.95	69.12	-48.26
Net Income to Common	14.16	-41.7	-122.4	-187.95	69.12	-48.26
Shares Outstanding (Basic)	13	13	13	13	13	13
Shares Outstanding (Diluted)	14	13	13	13	14	13
Shares Change (YoY)	4.14%	2.54%	1.16%	-6.59%	5.29%	-11.03%
EPS (Basic)	1.05	-3.14	-9.46	-14.69	5.24	-3.71
EPS (Diluted)	1.04	-3.14	-9.46	-14.69	5.05	-3.71
Free Cash Flow	60.57	51.04	55.04	31.52	99.51	-3.58
Free Cash Flow Per Share	4.41	3.85	4.25	2.46	7.27	-0.28
Gross Margin	96.16%	95.99%	94.24%	94.14%	94.78%	94.01%
Operating Margin	7.27%	5.44%	1.26%	-2.88%	0.02%	-0.21%
Profit Margin	1.34%	-4.63%	-18.20%	-19.08%	6.29%	-5.30%
Free Cash Flow Margin	5.72%	5.67%	8.19%	3.20%	9.06%	-0.39%
EBITDA	85.9	59.62	21.86	2.95	47.58	54.26
EBITDA Margin	8.11%	6.62%	3.25%	0.30%	4.33%	5.96%
D&A For EBITDA	8.85	10.69	13.36	31.3	47.35	56.18
EBIT	77.05	48.93	8.5	-28.35	0.23	-1.92
EBIT Margin	7.27%	5.44%	1.26%	-2.88%	0.02%	-0.21%
Effective Tax Rate	15.17%	-	-	-	13.38%	-
Advertising Expenses	-	3.89	7.56	-	716.6	567.7

Updated Oct 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q