LendingTree, Inc. Q1 2026 Financial Results

LendingTree, Inc. announced its financial results for the first quarter ended March 31, 2026. The company reported record quarterly revenue driven by its Insurance Marketplace, with consolidated revenue reaching $327.3 million, a 37% increase year-over-year. GAAP net income was $17.3 million, or $1.22 per diluted share. Variable marketing margin was $99.5 million, and adjusted EBITDA was $42.0 million, a 71% increase year-over-year. The Insurance segment showed significant growth with revenue up 51% to $221.9 million. The Consumer segment also grew, with revenue up 18% to $66.3 million. However, the Home segment experienced a revenue increase of 6% to $39.1 million, with segment profit decreasing by 24% due to increased media costs. The company updated its full-year 2026 outlook, projecting revenue between $1,300 - $1,350 million and adjusted EBITDA of $152 - $162 million. LendingTree highlighted the optimization of marketing spend, the launch of AI tools for marketing efficiency, and a redesigned homepage contributing to increased customer engagement. The company also noted a strengthening balance sheet with net leverage declining to 2.1x.