KPIs & Operating Metrics(New)

LendingClub (LC) Rent Expense (2020 - 2026)

LendingClub (LC) has disclosed Rent Expense for 7 consecutive years, with $6.4 million as the latest value for Q1 2026.

  • For Q1 2026, Rent Expense rose 47.09% year-over-year to $6.4 million; the TTM value through Mar 2026 reached $21.9 million, up 34.38%, while the annual FY2025 figure was $19.8 million, 25.55% up from the prior year.
  • Rent Expense hit $6.4 million in Q1 2026 for LendingClub, up from $5.5 million in the prior quarter.
  • Across five years, Rent Expense topped out at $6.4 million in Q1 2026 and bottomed at $3.9 million in Q1 2024.
  • Average Rent Expense over 5 years is $4.8 million, with a median of $4.7 million recorded in 2023.
  • Year-over-year, Rent Expense fell 28.39% in 2023 and then surged 47.09% in 2026.
  • LendingClub's Rent Expense stood at $4.7 million in 2022, then decreased by 16.43% to $3.9 million in 2023, then grew by 1.66% to $4.0 million in 2024, then soared by 36.73% to $5.5 million in 2025, then grew by 17.12% to $6.4 million in 2026.
  • According to Business Quant data, Rent Expense over the past three periods came in at $6.4 million, $5.5 million, and $5.2 million for Q1 2026, Q4 2025, and Q3 2025 respectively.