LendingTree, Inc.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.12B | $900.2M | $672.5M | $985.0M | $1.10B | $910.0M | $1.11B | $764.9M |
| Cost of Revenue | $42.5M | $36.1M | $38.8M | $57.8M | $57.3M | $54.5M | $68.4M | $36.4M |
| Gross Profit | $352.0M | $309.6M | $289.8M | $368.9M | $410.4M | $369.5M | $432.3M | $305.1M |
| Gross Margin | 31.5% | 34.4% | 43.1% | 37.5% | 37.4% | 40.6% | 39.1% | 39.9% |
| Operating Expenses | ||||||||
| Research & Development | $45.3M | $46.4M | $47.2M | $55.6M | $52.9M | $43.6M | $40.0M | $27.0M |
| SG&A Expense | $112.9M | $108.7M | $117.7M | $152.4M | $153.5M | $129.1M | $116.8M | $101.2M |
| Operating Income | $64.8M | $44.6M | $-40.6M | $-32.8M | $8.0M | $-6.6M | $50.7M | $56.2M |
| Operating Margin | 5.8% | 5.0% | -6.0% | -3.3% | 0.7% | -0.7% | 4.6% | 7.3% |
| Interest Expense | — | — | — | $26.0M | $46.9M | $36.3M | $20.3M | $12.4M |
| Pretax Income | $21.0M | $-37.4M | $-124.9M | $-54.9M | $84.4M | $-42.5M | $31.0M | $43.7M |
| Income Tax Expense | $-130.3M | $4.3M | $-2.5M | $133.0M | $11.3M | $-20.0M | $-8.5M | $-65.6M |
| Net Income | $151.3M | $-41.7M | $-122.4M | $-188.0M | $69.1M | $-48.3M | $17.8M | $96.5M |
| Net Margin | 13.5% | -4.6% | -18.2% | -19.1% | 6.3% | -5.3% | 1.6% | 12.6% |
| EPS (Basic) | $11.14 | $-3.14 | $-9.46 | $-14.69 | $5.24 | $-3.71 | $1.39 | $7.72 |
| EPS (Diluted) | $10.78 | $-3.14 | $-9.46 | $-14.69 | $5.05 | $-3.71 | $1.22 | $6.85 |
| Shares Outstanding (Basic) | 13.6M | 13.3M | 12.9M | 12.8M | 13.2M | 13.0M | 12.8M | 12.5M |
| Shares Outstanding (Diluted) | 14.1M | 13.3M | 12.9M | 12.8M | 13.7M | 13.0M | 14.6M | 14.1M |
| Dividends Per Share | — | — | — | — | — | — | — | — |