LendingTree (TREE) Gross Margin (2010 - 2026)
LendingTree's (TREE) quarterly Gross Margin came in at 28.34% in Q2 2026, down 569.0% on a YoY basis from 6.04% in Q2 2025, and down 7.95% quarter-over-quarter from 30.79% in Q1 2026.
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LendingTree (TREE) Gross Margin (2010 - 2026) Analysis & Trends
LendingTree (TREE) has reported Gross Margin for 17 consecutive years, with 28.34% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Gross Margin fell 569.0% year-over-year to 28.34%; the trailing twelve-month figure through Jun 2026 stood at 86.76% (down 70.0% YoY), and the FY2025 full-year result was 96.19%, up 20.0% from the prior year.
- Gross Margin fell to 28.34% in Q2 2026 per TREE's latest filing, from 30.79% in the prior quarter.
- Across five years, Gross Margin topped out at 317.6% in Q4 2022 and bottomed at 28.34% in Q2 2026.
- Historically, Gross Margin has averaged 90.09% across 5 years, with a median of 37.3% in 2022.
- The sharpest annual moves came in 2022 and 2024: Gross Margin surged 3639 bps in 2022, then plunged 5667 bps in 2024.
- Over 5 years, Gross Margin stood at 317.6% in 2022, then fell by 5 bps to 302.34% in 2023, then decreased by 19 bps to 245.68% in 2024, then rose by 4 bps to 255.29% in 2025, then plunged by 89 bps to 28.34% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 28.34%, 30.79%, and 255.29% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Booking Holdings | 133.00 Bn | 115.79 Bn | 4.98 Bn | 67.75% |
| 2 | PDD Holdings | 109.88 Bn | 79.60 Bn | 9.45 Bn | 57.06% |
| 3 | Airbnb | 100.36 Bn | 88.29 Bn | 2.98 Bn | 82.46% |
| 4 | Mercadolibre | 95.15 Bn | 79.95 Bn | 4.16 Bn | 40.90% |
| 5 | Ebay | 46.17 Bn | 42.87 Bn | 2.30 Bn | 73.45% |
| 6 | Expedia | 32.81 Bn | 25.69 Bn | 3.91 Bn | 90.66% |
| 7 | Alibaba Group Holding | 31.91 Bn | -11.79 Bn | 15.11 Bn | 38.11% |
| 8 | Maplebear | 10.95 Bn | 10.10 Bn | 751.00 Mn | 72.00% |
| 9 | Full Truck Alliance | 8.63 Bn | 7.61 Bn | - | - |
| 10 | LendingTree | 373.14 Mn | 262.38 Mn | 88.82 Mn | 28.34% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 28.34% |
| Mar 31, 2026 | 30.79% |
| Dec 31, 2025 | 255.29% |
| Sep 30, 2025 | 30.72% |
| Jun 30, 2025 | 34.03% |
| Mar 31, 2025 | 32.95% |
| Dec 31, 2024 | 245.68% |
| Sep 30, 2024 | 30.15% |
| Jun 30, 2024 | 34.50% |
| Mar 31, 2024 | 42.04% |
| Dec 31, 2023 | 302.34% |
| Sep 30, 2023 | 44.51% |
| Jun 30, 2023 | 43.03% |
| Mar 31, 2023 | 39.88% |
| Dec 31, 2022 | 317.60% |
| Sep 30, 2022 | 38.79% |
| Jun 30, 2022 | 35.80% |
| Mar 31, 2022 | 35.12% |
| Dec 31, 2021 | 281.21% |
| Sep 30, 2021 | 37.97% |