KPIs & Operating Metrics(New)

LendingClub (LC) Gross Margin: 2011-2024

Historic Gross Margin for LendingClub (LC) over the last 14 years, with Dec 2024 value amounting to 87.24%.

  • LendingClub's Gross Margin fell 232.00% to 84.71% in Q3 2025 from the same period last year, while for Sep 2025 it was 86.63%, marking a year-over-year decrease of 7.00%. This contributed to the annual value of 87.24% for FY2024, which is 190.00% down from last year.
  • LendingClub's Gross Margin amounted to 87.24% in FY2024, which was down 2.14% from 89.15% recorded in FY2023.
  • Over the past 5 years, LendingClub's Gross Margin peaked at 89.15% during FY2023, and registered a low of 80.93% during FY2021.
  • Moreover, its 3-year median value for Gross Margin was 87.24% (2024), whereas its average is 86.58%.
  • Per our database at Business Quant, LendingClub's Gross Margin soared by 1,483bps in 2020 and then plummeted by 288bps in 2021.
  • Yearly analysis of 5 years shows LendingClub's Gross Margin stood at 83.80% in 2020, then slumped by 288bps to 80.93% in 2021, then soared by 242bps to 83.34% in 2022, then spiked by 580bps to 89.15% in 2023, then plummeted by 190bps to 87.24% in 2024.