LendingTree Q3 revenue beats analyst estimates on insurance segment performance
TREE•LendingTree’s third-quarter revenue rose 12% year over year to $343.6 million, beating the $329.72 million analyst estimate. The company posted a GAAP net loss that included a $98.8 million non-cash goodwill charge.
1. Revenue and segments
LendingTree reported third-quarter revenue of $343.6 million, up 12% year over year and above the $329.72 million analyst consensus. Insurance revenue increased 15%, lifting segment profit 14%, while home segment revenue rose 9% and home equity revenue increased 20%.
2. Outlook
LendingTree expects fourth-quarter revenue of $315 million to $325 million and adjusted EBITDA of $34 million to $36 million. It forecasts full-year 2026 revenue of $1.30 billion to $1.31 billion.
3. Company initiatives
CEO Scott Peyree said the company’s rollout of AI tools and controlled distribution was aimed at improving consumer experience and monetization.
