LendingTree (TREE) Operating Expenses (2010 - 2026)
LendingTree (TREE) reported Operating Expenses of $296.2 million for Q1 2026, up 19.98% on a YoY basis from $246.8 million in Q1 2025, and little changed quarter-over-quarter from $297.5 million in Q4 2025.
LendingTree (TREE) Operating Expenses (2010 - 2026) Analysis & Trends
LendingTree has reported Operating Expenses for 17 years, with the latest figure at $296.2 million in Q1 2026.
- For the quarter ending Q1 2026, Operating Expenses rose 19.98% year-over-year to $296.2 million; the trailing twelve-month figure through Mar 2026 stood at $1.1 billion (up 16.99% YoY), and the FY2025 full-year result was $1.1 billion, up 23.02% from the prior year.
- Operating Expenses for Q1 2026 stood at $296.2 million, roughly flat from $297.5 million in the prior quarter.
- The five-year high for Operating Expenses was $297.5 million in Q4 2025, with the low at $134.6 million in Q4 2023.
- Historically, Operating Expenses has averaged $231.5 million across 5 years, with a median of $243.6 million in 2024.
- Annual changes were most pronounced in 2023 — Operating Expenses tumbled 35.74% — and 2024, when it soared 81.0%.
- LendingTree's Operating Expenses stood at $209.4 million in 2022, then plunged by 35.74% to $134.6 million in 2023, then soared by 81.0% to $243.6 million in 2024, then rose by 22.12% to $297.5 million in 2025, then retreated by 0.44% to $296.2 million in 2026.
- The last three Operating Expenses figures came in at $296.2 million (Q1 2026), $297.5 million (Q4 2025), and $279.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Voya Financial | 8.51 Bn | 10.33 Bn | 1.47 Bn | 848.00 Mn |
| 2 | Freedom Holding | 8.34 Bn | 7.37 Bn | -1.62 Bn | 472.12 Mn |
| 3 | Hilltop Holdings | 2.27 Bn | 2.30 Bn | -2.46 Mn | 248.30 Mn |
| 4 | LendingTree | 511.07 Mn | 425.56 Mn | 88.70 Mn | 296.15 Mn |
| 5 | BRC Group Holdings | 276.39 Mn | 333.20 Mn | 319.70 Mn | 199.13 Mn |
| 6 | BRC Group Holdings | - | - | 319.70 Mn | 199.13 Mn |
| 7 | BRC Group Holdings | - | - | 319.70 Mn | 199.13 Mn |
| 8 | BRC Group Holdings | - | - | 319.70 Mn | 199.13 Mn |
| 9 | Orix | - | - | 5.07 Bn | 5.31 Bn |
| 10 | Voya Financial | - | - | 1.47 Bn | 848.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 296.15 Mn |
| Dec 31, 2025 | 297.46 Mn |
| Sep 30, 2025 | 279.03 Mn |
| Jun 30, 2025 | 229.19 Mn |
| Mar 31, 2025 | 246.84 Mn |
| Dec 31, 2024 | 243.58 Mn |
| Sep 30, 2024 | 250.87 Mn |
| Jun 30, 2024 | 200.55 Mn |
| Mar 31, 2024 | 160.59 Mn |
| Dec 31, 2023 | 134.57 Mn |
| Sep 30, 2023 | 189.18 Mn |
| Jun 30, 2023 | 175.84 Mn |
| Mar 31, 2023 | 213.52 Mn |
| Dec 31, 2022 | 209.41 Mn |
| Sep 30, 2022 | 256.41 Mn |
| Jun 30, 2022 | 265.82 Mn |
| Mar 31, 2022 | 286.12 Mn |
| Dec 31, 2021 | 266.31 Mn |
| Sep 30, 2021 | 290.03 Mn |
| Jun 30, 2021 | 259.47 Mn |