KPIs & Operating Metrics(New)

LendingClub (LC) Rent Expense: 2019-2024

Historic Rent Expense for LendingClub (LC) over the last 6 years, with Dec 2024 value amounting to $15.8 million.

  • LendingClub's Rent Expense rose 30.96% to $5.2 million in Q3 2025 from the same period last year, while for Sep 2025 it was $18.4 million, marking a year-over-year increase of 16.75%. This contributed to the annual value of $15.8 million for FY2024, which is 9.89% down from last year.
  • LendingClub's Rent Expense amounted to $15.8 million in FY2024, which was down 9.89% from $17.5 million recorded in FY2023.
  • In the past 5 years, LendingClub's Rent Expense ranged from a high of $27.9 million in FY2020 and a low of $15.8 million during FY2024.
  • Its 3-year average for Rent Expense is $18.4 million, with a median of $17.5 million in 2023.
  • Data for LendingClub's Rent Expense shows a maximum YoY declined of 20.23% (in 2023) over the last 5 years.
  • Yearly analysis of 5 years shows LendingClub's Rent Expense stood at $27.9 million in 2020, then declined by 12.99% to $24.2 million in 2021, then declined by 9.37% to $22.0 million in 2022, then fell by 20.23% to $17.5 million in 2023, then dropped by 9.89% to $15.8 million in 2024.