LendingTree (TREE) Operating Expenses (2010 - 2026)
LendingTree (TREE) posted quarterly Operating Expenses of $291.6 million for Q2 2026, up 27.24% year-over-year from $229.2 million in Q2 2025, and down 1.53% on a QoQ basis from $296.2 million in Q1 2026.
LendingTree (TREE) Operating Expenses (2010 - 2026) Analysis & Trends
LendingTree has reported Operating Expenses for 17 years, with the latest figure at $291.6 million in Q2 2026.
- Operating Expenses for Q2 2026 came in at $291.6 million, up 27.24% year-over-year; the trailing twelve-month figure through Jun 2026 was $1.2 billion (up 19.97% YoY), and the FY2025 annual result was $1.1 billion, up 23.02% from the prior year.
- Operating Expenses fell to $291.6 million in Q2 2026, from $296.2 million in the prior quarter.
- Over five years, Operating Expenses peaked at $297.5 million in Q4 2025 and troughed at $134.6 million in Q4 2023.
- A 5-year average of $234.8 million and a median of $245.2 million in 2024 frame the typical range for Operating Expenses.
- The widest annual swing landed in 2023, when Operating Expenses slumped 35.74%; it then soared 81.0% in 2024.
- A 5-year view of Operating Expenses shows it stood at $209.4 million in 2022, then slumped 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 declined by 1.96% to $291.6 million in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were $291.6 million in Q2 2026, $296.2 million in Q1 2026, and $297.5 million in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Orix | 41.94 Bn | 28.12 Bn | 4.68 Bn | 4.66 Bn |
| 2 | Freedom Holding | 9.87 Bn | 9.87 Bn | 697.28 Mn | 691.69 Mn |
| 3 | Voya Financial | 8.86 Bn | 6.51 Bn | 1.34 Bn | 1.86 Bn |
| 4 | Hilltop Holdings | 2.23 Bn | 240.07 Mn | 41.62 Mn | 266.74 Mn |
| 5 | LendingTree | 427.47 Mn | 316.70 Mn | 88.82 Mn | 291.62 Mn |
| 6 | BRC Group Holdings | 263.92 Mn | 109.81 Mn | 207.76 Mn | 200.92 Mn |
| 7 | Teamshares | 62.05 Mn | 62.05 Mn | 61.42 Mn | 58.42 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 291.62 Mn |
| 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 |