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
DateValue
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