LendingTree Q3 2026 Revenue Rises 12% Despite Goodwill Charge
LendingTree posted $343.6M in Q3 revenue across all three segments, but a $98.8M non-cash goodwill charge drove a steep net loss.
LendingTree reported third-quarter 2026 consolidated revenue of $343.6 million, a 12% increase compared to the same period a year earlier, with growth recorded across all three of the company's business segments, according to the online lending marketplace's quarterly results.
Despite the top-line gains, the company recorded a GAAP net loss of $72.4 million, or $5.15 per diluted share. The loss was driven primarily by a $98.8 million non-cash goodwill impairment charge, which overshadowed otherwise improved operating performance during the quarter.
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Stripping out the impairment and other non-recurring items, LendingTree's variable marketing margin came in at $94.9 million for the period. Adjusted EBITDA reached $39.6 million, a metric the company uses to reflect underlying profitability and operational efficiency after removing non-cash and one-time charges.
The broad-based revenue growth across all segments signals continued consumer demand for LendingTree's loan comparison and financial products marketplace, even as higher interest rates have reshaped borrowing activity throughout the industry. The goodwill charge, a non-cash accounting write-down rather than an operational cash outflow, reflects a reassessment of asset values rather than a deterioration in day-to-day business performance.
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