LendingTree (TREE) Operating Expenses (2010 - 2026)
LendingTree posted quarterly Operating Expenses of $296.2 million for Q1 2026, up 19.98% year-on-year from $246.8 million in Q1 2025, and little changed on a QoQ basis from $297.5 million in Q4 2025.
LendingTree (TREE) has 17 years of Operating Expenses data on file, last reported 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.
- Across five years, Operating Expenses topped out at $297.5 million in Q4 2025 and bottomed at $134.6 million in Q4 2023.
- The 5-year median for Operating Expenses is $243.6 million (2024), against an average of $231.5 million.
- The widest annual swing landed in 2023, when Operating Expenses sank 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 tumbled by 35.74% to $134.6 million in 2023, then jumped by 81.0% to $243.6 million in 2024, then gained by 22.12% to $297.5 million in 2025, then decreased 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 | Freedom Holding | 8.88 Bn | 8.01 Bn | 603.27 Mn | 534.68 Mn |
| 2 | Voya Financial | 7.67 Bn | 9.49 Bn | 1.47 Bn | 848.00 Mn |
| 3 | Hilltop Holdings | 2.21 Bn | 2.24 Bn | -2.46 Mn | 248.30 Mn |
| 4 | LendingTree | 507.89 Mn | 422.38 Mn | 88.70 Mn | 296.15 Mn |
| 5 | BRC Group Holdings | 323.63 Mn | 380.44 Mn | 319.70 Mn | 199.13 Mn |
| 6 | Orix | - | - | 5.07 Bn | 5.31 Bn |
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 |
| Mar 31, 2021 | 274.66 Mn |
| Dec 31, 2020 | 226.02 Mn |
| Sep 30, 2020 | 236.37 Mn |
| Jun 30, 2020 | 191.87 Mn |
| Mar 31, 2020 | 262.34 Mn |
| Dec 31, 2019 | 246.17 Mn |
| Sep 30, 2019 | 279.41 Mn |
| Jun 30, 2019 | 266.11 Mn |
| Mar 31, 2019 | 264.19 Mn |
| Dec 31, 2018 | 200.24 Mn |
| Sep 30, 2018 | 176.77 Mn |
| Jun 30, 2018 | 165.98 Mn |
| Mar 31, 2018 | 165.69 Mn |
| Dec 31, 2017 | 161.13 Mn |
| Sep 30, 2017 | 154.04 Mn |
| Jun 30, 2017 | 143.80 Mn |
| Mar 31, 2017 | 125.63 Mn |
| Dec 31, 2016 | 87.44 Mn |
| Sep 30, 2016 | 80.41 Mn |
| Jun 30, 2016 | 81.58 Mn |
| Mar 31, 2016 | 82.87 Mn |
| Dec 31, 2015 | 70.09 Mn |
| Sep 30, 2015 | 62.03 Mn |
| Jun 30, 2015 | 48.36 Mn |
| Mar 31, 2015 | 45.22 Mn |
| Dec 31, 2014 | 42.15 Mn |
| Sep 30, 2014 | 40.75 Mn |
| Jun 30, 2014 | 39.54 Mn |
| Mar 31, 2014 | 45.87 Mn |
| Dec 31, 2013 | 35.45 Mn |
| Sep 30, 2013 | 37.12 Mn |
| Jun 30, 2013 | 39.45 Mn |
| Mar 31, 2013 | 28.33 Mn |
| Dec 31, 2012 | 19.56 Mn |
| Sep 30, 2012 | 22.49 Mn |
| Jun 30, 2012 | 19.73 Mn |
| Mar 31, 2012 | 18.51 Mn |
| Dec 31, 2011 | 15.30 Mn |
| Sep 30, 2011 | 16.86 Mn |
| Jun 30, 2011 | 53.90 Mn |
| Mar 31, 2011 | 29.66 Mn |
| Dec 31, 2010 | 26.84 Mn |
| Sep 30, 2010 | 21.29 Mn |
| Jun 30, 2010 | 20.45 Mn |