LendingTree swings to a third-quarter net loss of $72.36 million as revenue rises 12% to $343.59 million
TREE•LendingTree reported a third-quarter 2026 net loss of $72.4 million, compared with a year-earlier profit, as revenue rose 12% to $343.6 million. It cited a $98.8 million non-cash goodwill charge and forecast full-year revenue of $1.30 billion to $1.31 billion.
1. Quarterly results
LendingTree swung to a third-quarter 2026 net loss of $72.4 million from a profit a year earlier. Revenue increased 12% year over year to $343.6 million, while a $98.8 million non-cash goodwill charge contributed to the loss.
2. Debt and outlook
The company voluntarily repaid $60 million of long-term debt during the quarter. It projected fourth-quarter revenue of $315 million to $325 million and full-year 2026 revenue of $1.30 billion to $1.31 billion, and plans fourth-quarter share repurchases, its first since the first quarter of 2022.
