LendingTree Reports 12% Year-over-Year Revenue Growth in Third Quarter 2026
LendingTree (NASDAQ: TREE) reported third-quarter 2026 consolidated revenue of $343.6 million, marking a 12% increase compared to the same period last year. The company achieved its tenth consecutive quarter of double-digit revenue growth, driven primarily by a 15% surge in the Insurance segment and strong performance in Home Equity lending. Despite the top-line growth, the company reported a GAAP net loss of $72.4 million per diluted share, largely due to a one-time non-cash goodwill charge of $98.8 million. Management is focusing on AI integration to enhance consumer shopping experiences and improve monetization through voice AI and automated offer overviews. To strengthen its financial position, LendingTree used excess cash to repay $60 million in long-term debt and announced plans to initiate share repurchases in the fourth quarter for the first time since early 2022. The company maintains a positive outlook, forecasting annual revenue growth of approximately 17% at the midpoint.
Tickers: $TREE
Topics: Adjusted EBITDA AI Implementation Financial Services Marketplace GAAP Net Loss Revenue Growth
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