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LendingTree

Logo: No machine-readable author provided. Roblenderman~commonswiki assumed (based on copyright claims)., CC BY-SA 3.0, via Wikimedia Commons5

American fintech company

LendingTree, Inc. is an online lending marketplace, founded in 1996 and headquartered in Charlotte, North Carolina. The business platform allows potential borrowers to connect with multiple loan operators to find optimal terms for loans, credit cards, deposit accounts, insurance, etc. LendingTree allows borrowers to shop and compare competitive rates and terms across an array of financial products. Other additional services include financing tools, comparative loan searches and borrowing information.3 Wikipedia text CC BY-SA 4.0

Price unavailable

Last updated Oct 21, 2026.

Overview

1998Founded1

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  • TickerTREE on Nasdaq1
  • IndustryServices-Business Services, NEC1
  • HeadquartersCharlotte, United States1
  • Websitewww.lendingtree.com
  • Legal formDelaware corporation1
  • LEI549300ISY5YHUJZTON084
  • StatusActive4
  • LEI statusLapsed (not renewed)4
  • Registered addressC/O CORPORATION SERVICE COMPANY, 19808 Wilmington, United States4
  • Registered withDivision of Corporations, Department of State, 45320834

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LendingTree, Inc. is an online lending marketplace, founded in 1996 and headquartered in Charlotte, North Carolina. The business platform allows potential borrowers to connect with multiple loan operators to find optimal terms for loans, credit cards, deposit accounts, insurance, etc. LendingTree allows borrowers to shop and compare competitive rates and terms across an array of financial products. Other additional services include financing tools, comparative loan searches and borrowing information.3

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

31.5%Gross margin8
5.8%Operating margin8
13.5%Net margin8
24.1%Revenue growth, 20258
52.8%Return on equity8
1.35×Debt to equity8

What sells

Revenue by product, business segment and region, as the company reports it to the SEC.

Business segments

Insurance brought in 64% of the revenue LendingTree broke down this way in fiscal 2025.

  1. Insurance$711.9M864%up 30% from 2024
  2. Home$151.8M814%up 18% from 2024
  3. Other consumer$138.9M812%up 15% from 2024
  4. Personal Loans$114.4M810%up 13% from 2024
  5. Other Operating$310.0K80%up 56% from 2024
Business segments by year
Business segments202320242025
Insurance$249.6M$548.7M$711.9M
Home$143.8M$128.9M$151.8M
Other consumer$178.8M$121.0M$138.9M
Personal Loans$100.1M$101.4M$114.4M
Other Operating$199.0K$199.0K$310.0K

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Cost of revenue4¢$42.5M
  • Research and development4¢$45.3M
  • Other costs67¢$748.0M
  • Income tax12¢$130.3M
  • Profit14¢$151.3M

Out of $1.1B in revenue.8

Where each dollar of operating cash went, fiscal 2025

  • Kept or used elsewhere100¢$73.1M

Out of $73.1M of cash from operations.8

Financial statements

Revenue91011128$1.1B in 2025+1% since 2019
0$500.0M$1.0B$1.5B2019: $1.1B$1.1B20192020: $910.0M$910.0M2020−18%2021: $1.1B$1.1B2021+21%2022: $985.0M$985.0M2022−10%2023: $672.5M$672.5M2023−32%2024: $900.2M$900.2M2024+34%2025: $1.1B$1.1B2025+24%
Gross profit91011128$352.0M in 2025−19% since 2019
0$200.0M$400.0M$600.0M2019: $432.3M$432.3M20192020: $369.5M$369.5M2020−15%2021: $410.4M$410.4M2021+11%2022: $368.9M$368.9M2022−10%2023: $289.8M$289.8M2023−21%2024: $309.6M$309.6M2024+7%2025: $352.0M$352.0M2025+14%
Operating income91011128$64.8M in 2025+28% since 2019
-$50.0M0$50.0M$100.0M2019: $50.7M$50.7M20192020: -$6.6M-$6.6M20202021: $8.0M$8.0M20212022: -$32.8M-$32.8M20222023: -$40.6M-$40.6M2023+24%2024: $44.6M$44.6M20242025: $64.8M$64.8M2025+45%
Net income1011128$151.3M in 2025
-$200.0M-$100.0M0$100.0M$200.0M2020: -$48.3M-$48.3M20202021: $69.1M$69.1M20212022: -$188.0M-$188.0M20222023: -$122.4M-$122.4M2023−35%2024: -$41.7M-$41.7M2024−66%2025: $151.3M$151.3M2025

Every line of the income statement as filed: the last 3 fiscal years, latest first.8

Period ending2025-12-312024-12-312023-12-31
Revenue$1.1B$900.2M$672.5M
Cost of revenue (exclusive of depreciation and amortization shown separately below)$42.5M$36.1M$38.8M
Selling and marketing expense$812.9M$636.0M$433.6M
General and administrative expense$112.9M$108.7M$117.7M
Product development$45.3M$46.4M$47.2M
Depreciation$16.5M$18.3M$19.1M
Amortization of intangibles$5.2M$5.9M$7.7M
Goodwill impairment$0$0$38.6M
Restructuring and severance$1.6M$508.0K$10.1M
Litigation settlements and contingencies$15.7M$3.8M$388.0K
Total costs and expenses$1.1B$855.6M$713.1M
Operating income (loss)$64.8M$44.6M-$40.6M
Interest (expense) income, net-$46.8M-$27.8M$21.7M
Other income (expense)$3.0M-$54.2M-$106.0M
Income (loss) before income taxes$21.0M-$37.4M-$124.9M
Income tax benefit (expense)$130.3M-$4.3M$2.5M
Net income (loss)$151.3M-$41.7M-$122.4M
Comprehensive income (loss)$151.3M-$41.7M-$122.4M
Basic (in shares)13.6M shares13.3M shares12.9M shares
Diluted (in shares)14.1M shares13.3M shares12.9M shares
Basic (in dollars per share)$11.14-$3.14-$9.46
Diluted (in dollars per share)$10.78-$3.14-$9.46

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Corporate structure

LendingTree sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of LendingTree

  • LendingTree Charlotte, North Carolina, United States

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

The story

History

Founding

After graduating from Bucknell University, Doug Lebda went to work for PricewaterhouseCoopers in Pittsburgh as an auditor and consultant. During the process of purchasing his first home via a mortgage, he found the process of comparing numerous resources time-consuming. Lebda sought a better way to improve this process in the marketplace. Lebda subsequently started CreditSource USA in late 1996; a year later the new company was rebranded as LendingTree. In 1998, LendingTree was launched online.

IAC ownership

LendingTree went through an initial public offering (IPO) on February 15, 2000. In May 2003, LendingTree was acquired by IAC/InterActiveCorp, former owner of Ticketmaster, Home Shopping Network and Match.com. In 2004, LendingTree acquired HomeLoanCenter.com and formed LendingTree Loans. After five years, LendingTree spun off from IAC to join newly established Tree.com, Inc. Tree.com was the parent company of several brands and businesses in the financial services and real estate industries including LendingTree.com; GetSmart.com; DegreeTree.com; LendingTreeAutos.com; and DoneRight.com.

In 2015, LendingTree disassembled the Tree.com umbrella to focus on its core brand, LendingTree, which incorporated business loans, personal loans, debt consolidation, free credit scores, and student loans along with its core mortgage products home loans, mortgage refinance, and home equity.

Since 2019, LendingTree has served as the official name sponsor of the annual college football bowl played in Mobile, Alabama, the LendingTree Bowl.

On October 13, 2025, LendingTree announced that founder and CEO Doug Lebda died the previous day in an all-terrain vehicle collision. The company named COO Scott Peyree as the new CEO, and Steve Ozonian as chairman of the board.

2024 data breach

In 2024, the Lending Tree platform QuoteWizard suffered a data breach and extortion attempt as part of the 2024 Snowflake mass hacking campaign. The stolen data included personally identifiable information (PII) of nearly 50 million customers. It also included partial customer driver's license numbers, driving histories, risk profiles, and auto information such as auto make/model and VIN numbers

From Wikipedia’s article on LendingTree, shared under CC BY-SA 4.0.6

Leadership

Who has led LendingTree, and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. Douglas R. Lebda2008–2010
  2. Steven Ozonian2010
  3. Scott Peyree2026–now

Chair

  1. Douglas R. Lebda2008–now

President

  1. Bret A. Violette2008
  2. Neil Salvage2017–2021
  3. Scott Peyree2021
  4. J. D. Moriarty2021–2022

Chief financial officer

  1. Matthew Packey2008–2010
  2. Alexander Mandel2012–2015
  3. J. D. Moriarty2017–2021
  4. Trent Ziegler2021–2024
  5. Jason Bengel2024–now

Chief operating officer

  1. Nikul Patel2015–2016
  2. J. D. Moriarty2022–2023
  3. Scott Peyree2024–2026
  4. Ian Malcolm Smith2026–now
200020052010201520202025
Board members and other officers (32)

Subsidiaries and ownership

Owners

Subsidiaries (Exhibit 21)

  • LendingTree Research Services LLP India7

From Wikidata.1 The subsidiaries the company lists in Exhibit 21 of its annual report, as filed.

Acquisitions

In 2009, LendingTree acquired the personal financial management website Thrive. In August 2016, it acquired SimpleTuition, a company focused on student loans. Subsequent acquisitions include CompareCards (2016), DepositAccounts.com (2017), MagnifyMoney (2017), SnapCap (2017), Student Loan Hero (2018), QuoteWizard (2018), and ValuePenguin (2018).

From Wikipedia’s article on LendingTree, shared under CC BY-SA 4.0.6

Timeline

  1. Jul 29, 20268-K Results of operations64
  2. Jun 18, 20268-K Shareholder vote65
  3. May 18, 20268-K Executive or director change66
  4. Apr 30, 20268-K Results of operations67
  5. Mar 2, 20268-K Results of operations68
  6. Feb 13, 20268-K Executive or director change69
  7. Jan 9, 20268-K Executive or director change70
  8. Jan 5, 2026New chief executive Scott Peyree becomes CEO16
  9. Nov 21, 20258-K Bylaws or fiscal year changed71
  10. Oct 30, 20258-K Results of operations72
  11. Oct 16, 20258-K Executive or director change; Regulation FD disclosure; Other events73
  12. Aug 21, 20258-K Entered a material agreement; New debt or obligation74
  13. Jul 31, 20258-K Results of operations75
  14. Nov 2, 2010New chief executive Steven Ozonian becomes CEO17
  15. Aug 8, 2008New chief executive Douglas R. Lebda becomes CEO18
  16. 1998Founded Founded1

Calendar

Coming up

  1. Oct 29, 2026Reports results for the quarter ending Sep/2026 A year earlier it reported $1.34 a share, on Oct 30, 2025.76

When it reported results

  1. Jul 29, 2026Reported quarterly or annual results64
  2. Apr 30, 2026Reported quarterly or annual results67
  3. Mar 2, 2026Reported quarterly or annual results68
  4. Oct 30, 2025Reported quarterly or annual results72
  5. Jul 31, 2025Reported quarterly or annual results75
  6. Jul 23, 2025Reported quarterly or annual results77
  7. May 1, 2025Reported quarterly or annual results78
  8. Mar 5, 2025Reported quarterly or annual results79

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

378 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 52 major events, 228 insider forms, 35 large holders, 43 other. The latest 20:

  1. Oct 2, 20264 EDGAR
  2. Aug 14, 2026SCHEDULE 13G EDGAR
  3. Aug 14, 2026SCHEDULE 13G EDGAR
  4. Aug 5, 2026SCHEDULE 13G/A EDGAR
  5. Jul 31, 202610-Q EDGAR
  6. Jul 29, 20268-K EDGAR
  7. Jun 18, 20268-K FIORM 8-K EDGAR
  8. Jun 17, 20264 EDGAR
  9. Jun 17, 20264 EDGAR
  10. Jun 17, 20264 EDGAR
  11. Jun 17, 20264 EDGAR
  12. Jun 17, 20264 EDGAR
  13. Jun 17, 20264 EDGAR
  14. Jun 17, 20264 EDGAR
  15. Jun 17, 20264 EDGAR
  16. May 18, 20268-K EDGAR
  17. May 11, 2026SCHEDULE 13G/A EDGAR
  18. May 8, 2026SCHEDULE 13G EDGAR
  19. May 6, 2026SCHEDULE 13G EDGAR
  20. May 1, 202610-Q EDGAR

The 378 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Executive pay

What the company paid its top executives, from the summary compensation table in its proxy statement. Total pay includes salary, bonus, stock and option awards and other pay, as the company valued them.

YearExecutiveAgeSalaryTotal pay
2025Douglas Lebda$643.8K$6.6M91
2025Scott Peyree$507.3K$4.9M91
2025Jill Olmstead$420.0K$2.3M91
2025Jason BengelChief Financial$390.4K$1.8M91
2025Heather Enlow-Novitsky$390.4K$1.6M91
2025Scott Totman$193.8K$310.4K91
2024Former Chairman &$750.0K$4.7M91
2024Chief Executive Officer &$472.1K$2.4M91
2024Chief Human Resources$416.2K$1.9M91
2024Former Chief Technology$416.2K$1.4M91
2024Officer$329.6K$1.2M91
2023President$458.6K$1.5M91
2023Chief Executive Officer$750.0K$1.2M91
2023Officer$400.0K$1.0M91

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.

FundSharesValueShare of the fundChange
BlackRock, Inc.1,226,671$54.3M0.0%+136,705
Jennison Associates LLC1,012,126$44.8M0.0%−8,085
Punch & Associates Investment Management, Inc.725,675$32.1M1.6%+78,637
Ameriprise Financial Inc702,718$31.1M0.0%+148,002
Vanguard Capital Management LLC423,392$18.8M0.0%−54,624
Millennium Management LLC411,135$18.2M0.0%+43,016
Jacobs Levy Equity Management, Inc374,073$16.6M0.1%+53,395
Geode Capital Management, LLC370,209$16.4M0.0%+92,281
Goldman Sachs Group Inc351,910$15.6M0.0%+162,043
Emerald Advisers, LLC334,702$14.8M0.3%−4,967
Arrowstreet Capital, Limited Partnership331,227$14.7M0.0%+56,861
Aqr Capital Management LLC310,989$13.6M0.0%+107,689
Dimensional Fund Advisors LP297,357$13.2M0.0%+19,943
State Street Corp259,954$11.5M0.0%+10,079
Emerald Mutual Fund Advisers Trust218,269$9.7M0.3%No change
Vanguard Portfolio Management LLC203,172$9.0M0.0%+68,775
Fmr LLC201,748$8.9M0.0%+18,718
Federated Hermes, Inc.192,014$8.5M0.0%+14,505
State Of Wisconsin Investment Board179,956$8.0M0.0%+49,089
Renaissance Technologies LLC164,300$7.3M0.0%−96,000
Marshall Wace, Llp156,985$7.0M0.0%−24,982
G2 Investment Partners Management LLC155,992$6.9M1.3%−19,347
Northern Trust Corp117,238$5.2M0.0%+24,916
S Squared Technology, LLC108,268$4.8M1.5%+17,500
Two Sigma Investments, LP97,784$4.3M0.0%+26,341

13F reports cover disclosed long positions in U.S. stocks only.

Members of Congress who traded it

7 trades disclosed by members of Congress. “Vs S&P since” is the stock’s change since the trade minus the S&P 500’s.

DateMemberTradeAmountVs S&P sinceFiling
May 5, 2021Thomas R. SuozziDemocratic, HouseSale$15,001 - $50,000+172.3%Report
Dec 23, 2020Thomas R. SuozziDemocratic, HouseSale$1,001 - $15,000+200.6%Report
Dec 23, 2020Thomas R. SuozziDemocratic, HousePartial sale$1,001 - $15,000+200.6%Report
Apr 14, 2020Thomas R. SuozziDemocratic, HouseBuy$15,001 - $50,000−259.0%Report
Mar 3, 2020Thomas R. SuozziDemocratic, HouseBuy$15,001 - $50,000−247.3%Report
Mar 2, 2020Thomas R. SuozziDemocratic, HouseBuy$1,001 - $15,000−240.6%Report
Feb 13, 2020Thomas R. SuozziDemocratic, HouseBuy$1,001 - $15,000−221.1%Report

Members report amounts as ranges, not exact figures. Returns are price-only (no dividends).

SEC filer profile

How LendingTree is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARLENDINGTREE INC2
  • CIK0001096479
  • Employer ID (EIN)25-17953442
  • Fiscal year endsDecember 312
  • Industry code (SIC)7389 Services-Business Services, NEC2
  • Business address11115 Rushmore Drive, ., Charlotte, NC 282772
  • On EDGAR sinceDec 1, 19992
  • Filings239 in all: 4 (78), 424B3 (19), 8-K (19), 3/A (13), SC 13D/A (12), SC 13G (11), 10-Q (10), 3 (8)2
    All 32 form types

    SC 13G/A (8), S-1/A (7), SC 13D (7), DEFA14A (6), 4/A (5), 5 (4), S-8 (4), 10-K (3), DEF 14A (3), 424B1 (2), 425 (2), 5/A (2), ARS (2), S-1 (2), S-3 (2), S-3/A (2), 11-K (1), 15-12G (1), 424B2 (1), 8-A12G (1), 8-A12G/A (1), PRE 14A (1), PRER14A (1), REGDEX (1)

  • Latest filingsAnnual report (10-K) Mar 12, 2003
    Quarterly report (10-Q) May 14, 2003
    Proxy statement (DEF 14A) Mar 14, 2003
    Latest 8-K (8-K) Aug 8, 2003

Sources

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