Earnings ·
Reports Q3 revenue of $343.6M and posts GAAP net loss of $(72.4)M due to $98.8M goodwill charge
TREELendingTree, Inc.
LendingTree reported third-quarter 2026 consolidated revenue of $343.6 million, a 12% increase year-over-year, driven by growth across its Insurance, Consumer, and Home segments. The company posted a GAAP net loss of $(72.4) million, or $(5.15) per diluted share, primarily due to a $98.8 million non-cash goodwill impairment charge. Adjusted EBITDA was $39.6 million. Management updated its full-year 2026 revenue outlook to $1.30–$1.31 billion and announced plans to repurchase shares in the fourth quarter for the first time since early 2022, following a voluntary $60 million repayment of long-term debt during the quarter. LendingTree operates an online financial services marketplace connecting consumers with lenders and insurance providers.