LendingClub (LC) Rent Expense (2020 - 2026)
LendingClub's (LC) quarterly Rent Expense came in at $6.4 million in Q1 2026, up 47.09% year-on-year from $4.3 million in Q1 2025, and up 17.12% quarter-over-quarter from $5.5 million in Q4 2025.
LendingClub (LC) Rent Expense (2020 - 2026) Analysis & Trends
LendingClub has disclosed Rent Expense across 7 years of filings, most recently posting $6.4 million for Q1 2026.
- Rent Expense for Q1 2026 came in at $6.4 million, up 47.09% year-over-year; the trailing twelve-month figure through Mar 2026 was $21.9 million (up 34.38% YoY), and the FY2025 annual result was $19.8 million, up 25.55% from the prior year.
- Rent Expense came in at $6.4 million for Q1 2026 at LendingClub, up from $5.5 million in the prior quarter.
- In the past five years, Rent Expense ranged from a high of $6.4 million in Q1 2026 to a low of $3.9 million in Q1 2024.
- The 5-year median for Rent Expense is $4.7 million (2023), against an average of $4.8 million.
- Across the five-year window, Rent Expense declined 28.39% in 2023 and jumped 47.09% in 2026, its largest moves.
- LendingClub's Rent Expense stood at $4.7 million in 2022, then dropped by 16.43% to $3.9 million in 2023, then rose by 1.66% to $4.0 million in 2024, then surged by 36.73% to $5.5 million in 2025, then climbed by 17.12% to $6.4 million in 2026.
- The last three Rent Expense figures came in at $6.4 million (Q1 2026), $5.5 million (Q4 2025), and $5.2 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Rental Exp. (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of Chile | 97,765.53 Bn | 97,765.53 Bn | - | - |
| 2 | Bank Bradesco | 6,846.93 Bn | 6,830.99 Bn | - | - |
| 3 | Lloyds Banking | 384.13 Bn | 384.40 Bn | - | - |
| 4 | First Capital | 215.78 Bn | 215.63 Bn | - | 634,000.00 |
| 5 | Itau Unibanco Holding | 202.78 Bn | 202.78 Bn | - | - |
| 6 | Landmark Bancorp | 180.37 Bn | 180.34 Bn | - | 1.45 Mn |
| 7 | NatWest | 168.65 Bn | -51.67 Bn | - | - |
| 8 | Shinhan Financial | 136.54 Bn | 104.11 Bn | - | - |
| 9 | Mizuho Financial | 112.02 Bn | 112.56 Bn | - | - |
| 10 | LendingClub | 2.08 Bn | 1.28 Bn | 196.84 Mn | 6.39 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 6.39 Mn |
| Mar 31, 2026 | 6.39 Mn |
| Dec 31, 2025 | 5.46 Mn |
| Dec 31, 2025 | 5.46 Mn |
| Sep 30, 2025 | 5.25 Mn |
| Sep 30, 2025 | 5.25 Mn |
| Jun 30, 2025 | 4.79 Mn |
| Jun 30, 2025 | 4.79 Mn |
| Mar 31, 2025 | 4.35 Mn |
| Mar 31, 2025 | 4.35 Mn |
| Dec 31, 2024 | 3.99 Mn |
| Dec 31, 2024 | 3.99 Mn |
| Sep 30, 2024 | 4.01 Mn |
| Sep 30, 2024 | 4.01 Mn |
| Jun 30, 2024 | 3.94 Mn |
| Jun 30, 2024 | 3.94 Mn |
| Mar 31, 2024 | 3.86 Mn |
| Mar 31, 2024 | 3.86 Mn |
| Dec 31, 2023 | 3.93 Mn |
| Dec 31, 2023 | 3.93 Mn |