Financial Service was Happen’s largest product and service line in fiscal 2025, bringing in $372.82M of $431.80M (86%).
| Product and Service | FY 2016 | FY 2017 | FY 2017 | FY 2017 | FY 2018 | FY 2018 | FY 2018 | FY 2019 | FY 2019 | FY 2019 | FY 2020 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financial Service | $372.82M | |||||||||||
| Transaction Fees | — | |||||||||||
| Servicing Fees | $58.99M | |||||||||||
| Investor Fees | — | |||||||||||
| Total | $431.80M |
Happen brought in $431.80M from its two product and service lines in fiscal 2025, the year ended December 31, 2025. Financial Service was the largest at $372.82M (86.3%), ahead of Servicing Fees at $58.99M (13.7%).
Operating Segments was Happen’s largest segment in fiscal 2024, bringing in $760.09M of $736.86M (103%).
| Segment | FY 2019 | FY 2020 | FY 2021 | FY 2021 | FY 2022 | FY 2023 | FY 2024 |
|---|---|---|---|---|---|---|---|
| Operating Segments | $760.10M | $903.08M | $1.16B | $833.05M | $760.09M | ||
| Intersegment Eliminations | — | — | -$47.21M | -$29.60M | -$23.23M | ||
| Total | $760.10M | $903.08M | $1.11B | $803.45M | $736.86M |
Happen brought in $736.86M from its two segments in fiscal 2024, the year ended December 31, 2024. That was down 8.3% from $803.45M in fiscal 2023. Operating Segments was the largest at $760.09M (103.2%).
Happen began breaking out Intersegment Eliminations in fiscal 2022, when it brought in -$47.21M. The total is net of Intersegment Eliminations, which took $23.23M off revenue in fiscal 2024.
Lendingclub Bank was Happen’s largest segment in fiscal 2021, bringing in $760.10M of $903.08M (84%).
| Statement Business Segments | FY 2019 | FY 2020 | FY 2021 | FY 2021 |
|---|---|---|---|---|
| Lendingclub Bank | — | — | $760.10M | $760.10M |
| Lendingclub Corporation (Parent Only) | $758.61M | $318.08M | — | $142.98M |
| Total | $758.61M | $318.08M | $760.10M | $903.08M |
Happen brought in $903.08M from its two segments in fiscal 2021, the year ended December 31, 2021. Happen regrouped these segments after fiscal 2021, so the total does not compare directly with that year's $760.10M. Lendingclub Bank was the largest at $760.10M (84.2%), ahead of Lendingclub Corporation (Parent Only) at $142.98M (15.8%).
Happen began breaking out Lendingclub Bank in fiscal 2021, when it brought in $760.10M.
Happen (HAPN) reports its revenue by product and service, by segment and by statement business segments. In fiscal 2025, Financial Service was its largest product and service line, bringing in $372.82M (86.3% of the total), followed by Servicing Fees at $58.99M (13.7%).
Financial Service was Happen's largest product and service line in fiscal 2025, bringing in $372.82M, or 86.3% of the $431.80M total across its two product and service lines.
Operating Segments was Happen's largest segment in fiscal 2024, bringing in $760.09M, or 103.2% of the $736.86M total across its two segments.
Every figure comes from Happen's annual financial filings, as reported. Each line keeps the name Happen gives it, and years follow its fiscal calendar.
Happen's revenue by product and service goes back to fiscal 2016, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.