← LendingTree, Inc.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $384.4m |
$617.7m
+60.70%
|
$764.9m
+23.82%
|
$1.1b
+44.68%
|
$910.0m
-17.77%
|
$1.1b
+20.72%
|
$985.0m
-10.33%
|
$672.5m
-31.73%
|
$900.2m
+33.86%
|
$1.1b
+24.12%
|
$1.3b
+13.50%
|
|
| Other Cost of Operating Revenue | — | — | — | $45.6m | $53.4m | $57.3m | $57.8m | $38.8m | $36.1m | $42.5m | — | |
| Cost of Goods and Services Sold | $13.8m |
$17.2m
+25.13%
|
$36.4m
+111.34%
|
$68.4m
+87.86%
|
$54.5m
-20.31%
|
$57.3m
+5.14%
|
$57.8m
+0.82%
|
$38.8m
-32.91%
|
$36.1m
-6.93%
|
$42.5m
+17.89%
|
$45.6m
+7.12%
|
|
| Cost of revenue (exclusive of depreciation and amortization shown separately below) | $13.8m |
$17.2m
+25.13%
|
$36.4m
+111.34%
|
$68.4m
+87.86%
|
$54.5m
-20.31%
|
$57.3m
+5.14%
|
$57.8m
+0.82%
|
$38.8m
-32.91%
|
$36.1m
-6.93%
|
$42.5m
+17.89%
|
$45.6m
+7.12%
|
|
| Gross Profit (derived) | $370.6m |
$600.5m
+62.02%
|
$728.5m
+21.31%
|
$432.3m
-40.65%
|
$369.5m
-14.54%
|
$410.4m
+11.07%
|
$368.9m
-10.09%
|
$289.8m
-21.46%
|
$309.6m
+6.84%
|
$352.0m
+13.72%
|
$1.2b
+247.29%
|
|
| Interest Income (Expense), Net | — | — | — | — | — | — | — | $21.7m | — | — | — | |
| Research and Development Expense | $13.8m | $17.9m | $27.0m | $40.0m | $43.6m | $52.9m | $55.6m | $47.2m | $46.4m | $45.3m | $43.4m | |
| Marketing and Advertising Expense | — | — | — | — | — | — | $647.3m | $391.6m | $595.9m | $770.7m | — | |
| Selling and Marketing Expense | $261.1m | $432.8m | $500.3m | $735.2m | $617.4m | $774.0m | $702.2m | $433.6m | $636.0m | $812.9m | $1.0b | |
| General and Administrative Expense | $37.2m | $71.5m | $101.2m | $116.8m | $129.1m | $153.5m | $152.4m | $117.7m | $108.7m | $112.9m | $110.9m | |
| Amortization of Intangible Assets | $1.2m | $13.0m | $23.5m | $55.2m | $53.1m | $42.7m | $25.3m | $7.7m | $5.9m | $5.2m | — | |
| Amortization of intangibles | $1.2m | $13.0m | $23.5m | $55.2m | $53.1m | $42.7m | $25.3m | $7.7m | $5.9m | $5.2m | $5.2m | |
| Operating Lease, Lease Income | — | — | — | $300k | — | — | — | — | — | — | — | |
| Restructuring and severance | $122k | $404k | $2.4m | $1.0m | $295k | $53k | $4.4m | $10.1m | $508k | $1.6m | — | |
| Operating Income (Loss) | $52.1m |
$33.1m
-36.42%
|
$56.2m
+69.59%
|
$50.7m
-9.72%
|
($6.6m)
-113.02%
|
$8.0m
+221.63%
|
($32.8m)
-507.87%
|
($40.6m)
-23.98%
|
$44.6m
+209.89%
|
$64.8m
+45.23%
|
$108.4m
+67.24%
|
|
| Interest Expense | $561k | $7.0m | $12.4m | $20.3m | $36.3m | $46.9m | $26.0m | — | — | — | — | |
| Interest Expense, Debt | — | $8.2m | $14.6m | $15.3m | — | — | — | — | — | — | — | |
| Gain (Loss) on Investments | — | — | — | — | — | $123.3m | $0 | ($114.5m) | ($58.4m) | — | — | |
| Gain (Loss) Related to Litigation Settlement | — | — | — | — | — | ($392k) | $18k | ($388k) | ($3.8m) | ($15.7m) | — | |
| Other Nonoperating Income (Expense) | — | — | — | — | — | — | — | ($106.0m) | ($54.2m) | $3.0m | — | |
| Other Income | $23k | ($396k) | ($10k) | $524k | $376k | $123.3m | $3.8m | $106.0m | $54.2m | $3.0m | — | |
| Interest Income (Expense), Nonoperating, Net | — | — | — | — | — | — | — | — | ($27.8m) | ($46.8m) | — | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | $51.6m | $25.7m | $43.7m | $31.0m | ($42.5m) | $84.4m | ($54.9m) | ($124.9m) | ($37.4m) | $21.0m | $62.1m | |
| Current Income Tax Expense (Benefit) | $14.0m | $12.7m | ($1.7m) | $76k | ($10.3m) | $390k | $353k | $2.2m | $1.5m | ($533k) | ($119.5m) | |
| Income Tax Expense (Benefit) | $20.4m | $6.3m | ($65.6m) | ($8.5m) | ($20.0m) | $11.3m | $133.0m | ($2.5m) | $4.3m | ($130.3m) | ($119.5m) | |
| Net Income (Loss) Attributable to Parent | $27.5m |
$15.6m
-43.34%
|
$96.5m
+519.46%
|
$17.8m |
($48.3m)
-370.67%
|
$69.1m
+243.23%
|
($188.0m)
-371.94%
|
($122.4m)
+34.87%
|
($41.7m)
+65.93%
|
$151.3m
+462.81%
|
$181.7m
+20.06%
|
|
| Income (Loss) from Continuing Operations, Per Basic Share | $3 | $2 | $9 | $3 | ($2) | $6 | ($15) | ($9) | — | — | — | |
| Income (Loss) from Continuing Operations, Per Diluted Share | $2 | $1 | $8 | $3 | ($2) | $5 | ($15) | ($9) | — | — | — | |
| Earnings Per Share, Basic | $2.33 | $1.30 | $7.72 | $1.39 | ($3.71) | $5.24 | ($14.69) | ($9.46) | ($3.14) | $11.14 | $13.33 | |
| Earnings Per Share, Diluted | $2.15 | $1.14 | $6.85 | $1.22 | ($3.71) | $5.05 | ($14.69) | ($9.46) | ($3.14) | $10.78 | $12.94 | |
| Basic (in shares) | $11.8m | $11.9m | $12.5m | $12.8m | $13.0m | $13.2m | $12.8m | $12.9m | $13.3m | $13.6m | $13.8m | |
| Diluted (in shares) | $12.8m | $13.7m | $14.1m | $14.6m | $13.0m | $13.7m | $12.8m | $12.9m | $13.3m | $14.1m | $14.4m | |
| Weighted Average Number of Shares Outstanding, Basic | 11.8m | 11.9m | 12.5m | 12.8m | 13.0m | 13.2m | 12.8m | 12.9m | 13.3m | 13.6m | 13.8m | |
| Weighted Average Number of Shares Outstanding, Diluted | 12.8m | 13.7m | 14.1m | 14.6m | 13.0m | 13.7m | 12.8m | 12.9m | 13.3m | 14.1m | 14.4m | |
| Additional Financial Items | ||||||||||||
| Business Combination, Acquisition Related Costs | — | $1.0m | — | $600k | — | — | — | — | — | — | — | |
| Capitalized Computer Software, Amortization | $4.3m | $5.7m | $6.1m | $8.6m | $11.1m | $13.3m | $14.1m | $13.4m | $13.5m | $12.3m | — | |
| Costs and Expenses | $332.3m | $584.6m | $708.7m | $1.1b | $916.6m | $1.1b | $1.0b | $713.1m | $855.6m | $1.1b | — | |
| Equity Securities without Readily Determinable Fair Value, Impairment Loss, Annual Amount | — | — | — | — | — | — | — | — | — | $0 | — | |
| Goodwill, Impairment Loss | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $38.6m | $0 | $0 | $0 | |
| Depreciation | $4.9m | $7.1m | $7.4m | $11.0m | $14.2m | $17.9m | $20.1m | $19.1m | $18.3m | $16.5m | $16.4m | |
| Goodwill impairment | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $38.6m | $0 | $0 | $0 | |
| Litigation settlements and contingencies | $129k | $718k | ($186k) | ($151k) | ($943k) | $392k | ($18k) | $388k | $3.8m | $15.7m | — | |
| Interest (expense) income, net | — | — | — | — | — | — | ($26.0m) | $21.7m | ($27.8m) | ($46.8m) | — | |
| Comprehensive income (loss) | $27.5m | $15.6m | $96.5m | $17.8m | ($48.3m) | $69.1m | ($188.0m) | ($122.4m) | ($41.7m) | $151.3m | — | |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | $31.2m | $19.4m | $109.3m | $39.5m | ($22.6m) | $73.1m | ($187.9m) | ($122.4m) | — | — | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent | ($3.7m) | ($3.8m) | ($12.8m) | ($21.6m) | ($25.7m) | ($4.0m) | ($6k) | $0 | — | — | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.