LendingTree (TREE) Operating Margin (2010 - 2026)
LendingTree's (TREE) quarterly Operating Margin came in at 6.95% in Q2 2026, down 141.0% on a YoY basis from 16.96% in Q2 2025, and down 26.85% quarter-over-quarter from 9.51% in Q1 2026.
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LendingTree (TREE) Operating Margin (2010 - 2026) Analysis & Trends
LendingTree (TREE) has reported Operating Margin for 17 consecutive years, with 6.95% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Operating Margin fell 141.0% year-over-year to 6.95%; the trailing twelve-month figure through Jun 2026 stood at 8.19% (up 408.0% YoY), and the FY2025 full-year result was 5.8%, up 84.0% from the prior year.
- Operating Margin retreated to 6.95% in Q2 2026 per TREE's latest filing, from 9.51% in the prior quarter.
- Across five years, Operating Margin topped out at 9.51% in Q1 2026 and bottomed at 21.9% in Q3 2023.
- Historically, Operating Margin has averaged 1.04% across 5 years, with a median of 3.71% in 2023.
- The sharpest annual moves came in 2023 and 2024: Operating Margin tumbled 1409 bps in 2023, then jumped 2571 bps in 2024.
- Over 5 years, Operating Margin stood at 3.64% in 2022, then surged by 95 bps to 0.16% in 2023, then soared by 4271 bps to 6.86% in 2024, then grew by 1 bps to 6.95% in 2025, then grew by 0 bps to 6.95% in 2026.
- According to Business Quant data, Operating Margin over the past three periods registered 6.95%, 9.51%, and 6.95% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Booking Holdings | 133.00 Bn | 115.79 Bn | 4.98 Bn | 34.00% |
| 2 | PDD Holdings | 109.88 Bn | 79.60 Bn | 9.45 Bn | 24.71% |
| 3 | Airbnb | 100.36 Bn | 88.29 Bn | 2.98 Bn | 21.01% |
| 4 | Mercadolibre | 95.15 Bn | 79.95 Bn | 4.16 Bn | 6.72% |
| 5 | Ebay | 46.17 Bn | 42.87 Bn | 2.30 Bn | 21.57% |
| 6 | Expedia | 32.81 Bn | 25.69 Bn | 3.91 Bn | 18.54% |
| 7 | Alibaba Group Holding | 31.91 Bn | -11.79 Bn | 15.11 Bn | 5.64% |
| 8 | Maplebear | 10.95 Bn | 10.10 Bn | 751.00 Mn | 13.71% |
| 9 | Full Truck Alliance | 8.63 Bn | 7.61 Bn | - | - |
| 10 | LendingTree | 373.14 Mn | 262.38 Mn | 88.82 Mn | 6.95% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 6.95% |
| Mar 31, 2026 | 9.51% |
| Dec 31, 2025 | 6.95% |
| Sep 30, 2025 | 9.35% |
| Jun 30, 2025 | 8.37% |
| Mar 31, 2025 | -2.97% |
| Dec 31, 2024 | 6.86% |
| Sep 30, 2024 | 3.80% |
| Jun 30, 2024 | 4.56% |
| Mar 31, 2024 | 4.28% |
| Dec 31, 2023 | -0.16% |
| Sep 30, 2023 | -21.90% |
| Jun 30, 2023 | 3.62% |
| Mar 31, 2023 | -6.49% |
| Dec 31, 2022 | -3.64% |
| Sep 30, 2022 | -7.81% |
| Jun 30, 2022 | -1.49% |
| Mar 31, 2022 | -1.04% |
| Dec 31, 2021 | -3.11% |
| Sep 30, 2021 | 2.49% |