LendingClub (LC) Operating Expenses (2010 - 2026)
LendingClub's (LC) quarterly Operating Expenses came in at $184.5 million in Q1 2026, up 28.27% year-on-year from $143.9 million in Q1 2025, and up 9.01% quarter-over-quarter from $169.3 million in Q4 2025.
LendingClub (LC) Operating Expenses (2010 - 2026) Analysis & Trends
LendingClub has disclosed Operating Expenses across 17 years of filings, most recently posting $184.5 million for Q1 2026.
- Operating Expenses for Q1 2026 came in at $184.5 million, up 28.27% year-over-year; the trailing twelve-month figure through Mar 2026 was $671.2 million (up 20.88% YoY), and the FY2025 annual result was $630.6 million, up 15.98% from the prior year.
- Operating Expenses came in at $184.5 million for Q1 2026 at LendingClub, up from $169.3 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $209.4 million in Q2 2022 to a low of $128.0 million in Q3 2023.
- The 5-year median for Operating Expenses is $154.7 million (2025), against an average of $158.4 million.
- Across the five-year window, Operating Expenses soared 153.25% in 2022 and slumped 31.24% in 2023, its largest moves.
- LendingClub's Operating Expenses stood at $180.0 million in 2022, then dropped by 27.79% to $130.0 million in 2023, then climbed by 9.88% to $142.9 million in 2024, then advanced by 18.5% to $169.3 million in 2025, then rose by 9.01% to $184.5 million in 2026.
- The last three Operating Expenses figures came in at $184.5 million (Q1 2026), $169.3 million (Q4 2025), and $162.7 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of Chile | 97,765.53 Bn | 97,765.53 Bn | - | -287,925.00 |
| 2 | Bank Bradesco | 6,846.93 Bn | 6,830.99 Bn | - | - |
| 3 | Lloyds Banking | 384.13 Bn | 384.40 Bn | - | -3.86 Bn |
| 4 | First Capital | 215.78 Bn | 215.63 Bn | - | 7.75 Mn |
| 5 | Itau Unibanco Holding | 202.78 Bn | 202.78 Bn | - | - |
| 6 | Landmark Bancorp | 180.37 Bn | 180.34 Bn | - | 11.90 Mn |
| 7 | NatWest | 168.65 Bn | -51.67 Bn | - | -2.75 Bn |
| 8 | Shinhan Financial | 136.54 Bn | 104.11 Bn | - | -1.06 Bn |
| 9 | Mizuho Financial | 112.02 Bn | 112.56 Bn | - | 137.67 Mn |
| 10 | LendingClub | 2.08 Bn | 1.28 Bn | 196.84 Mn | 184.53 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 184.53 Mn |
| Dec 31, 2025 | 169.28 Mn |
| Sep 30, 2025 | 162.71 Mn |
| Jun 30, 2025 | 154.72 Mn |
| Mar 31, 2025 | 143.87 Mn |
| Dec 31, 2024 | 142.86 Mn |
| Sep 30, 2024 | 136.33 Mn |
| Jun 30, 2024 | 132.26 Mn |
| Mar 31, 2024 | 132.23 Mn |
| Dec 31, 2023 | 130.02 Mn |
| Sep 30, 2023 | 128.04 Mn |
| Jun 30, 2023 | 151.08 Mn |
| Mar 31, 2023 | 157.31 Mn |
| Dec 31, 2022 | 180.04 Mn |
| Sep 30, 2022 | 186.22 Mn |
| Jun 30, 2022 | 209.39 Mn |
| Mar 31, 2022 | 191.20 Mn |
| Dec 31, 2021 | -557.62 Mn |
| Sep 30, 2021 | 178.78 Mn |
| Jun 30, 2021 | 160.14 Mn |