LendingTree forecasts 2026 adjusted EBITDA of $152 million at guidance midpoint
TREE•LendingTree forecasts 2026 adjusted EBITDA of $152 million at the guidance midpoint, up from $132.9 million in 2025. It expects variable marketing margin of $372.5 million and adjusted EBITDA equal to 41% of that margin.
1. 2026 outlook
LendingTree forecast adjusted EBITDA of $152 million at the midpoint of its 2026 guidance, compared with $132.9 million in 2025. The company expects variable marketing margin of $372.5 million, non-GAAP operating expenses of $220.5 million and adjusted EBITDA equal to 41% of variable marketing margin, versus 38% in 2025.
