LENDINGTREE REPORTS SECOND QUARTER 2026 RESULTS
LendingTree reported second-quarter results for fiscal year 2026, with revenue growing by 25% year-over-year to $313.4 million. The Insurance segment was the primary driver of growth, contributing $209.3 million in revenue and a 42% increase compared to Q2 2025. However, the Consumer segment saw a decline with revenue dropping by 4%, attributed to weaker-than-expected performance due to suppressed borrower demand. The CEO highlighted continued double-digit adjusted EBITDA growth for eight consecutive quarters, driven largely by strong Insurance results and new AI features launched during the quarter. The CFO noted that while small business loan demand declined in Q2, it has since stabilized with expectations of sequential revenue improvement through 2026. Lenders remain active on the platform despite these challenges. Financially, GAAP net income was $9.6 million or $0.68 per diluted share for the quarter. Adjusted EBITDA reached $35.2 million, up 11% year-over-year but down from Q1 due to seasonal and demand fluctuations.
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Topics: consumer_lending financial_performance insurance_segment_growth