Filing Flows › Live Oak Bancshares (LOB) › Q3 2026 › vs Q3 2025
Live Oak Bancshares (LOB) Q3 2026 vs Q3 2025 (year over year)
Live Oak Bancshares's revenue rose $33.3M (+23%) from $142M in Q3 2025 to $176M in Q3 2026. The biggest changes: Net interest income +$17.5M (+15%); Noninterest income +$15.8M (+59%). Operating margin 20.1% against 25.7% (-5.6 pts).
Live Oak Bancshares, Q3 2026: revenue $176M (+23% year over year), operating margin 20.1%, net earnings $26.3M, operating cash flow $127M. The chart draws each line against Q3 2025, the increases inside each band.
Margins
| Q3 2026 | Q3 2025 | Change | |
|---|---|---|---|
| Operating margin | 20.1% | 25.7% | -5.6 pts |
| Net margin | 15.0% | 18.6% | -3.6 pts |
| Free cash flow margin | 70.8% | 45.2% | +25.6 pts |
Every line
| Line | Q3 2026 | Q3 2025 | Change | % |
|---|---|---|---|---|
| Net interest income | $133M | $115M | $17.5M | +15% |
| Noninterest income | $42.6M | $26.8M | $15.8M | +59% |
| Revenue | $176M | $142M | $33.3M | +23% |
| Operating profit | $35.2M | $36.6M | −$1.3M | -4% |
| Costs & expenses | $140M | $106M | $34.7M | +33% |
| Pre-tax earnings | $35.2M | $36.6M | −$1.3M | -4% |
| Credit loss provision | $54.7M | $22.2M | $32.5M | +146% |
| Noninterest expense | $85.7M | $83.5M | $2.2M | +3% |
| Net earnings | $26.3M | $26.5M | −$201K | -0.8% |
| Income tax | $9.0M | $10.1M | −$1.1M | -11% |
| Depreciation & amortization | $6.2M | $6.7M | −$442K | -7% |
| Working capital & other | $94.2M | $32.9M | $61.3M | +186% |
| Operating cash flow | $127M | $66.1M | $60.7M | +92% |
| Free cash flow (OCF − capex) | $124M | $64.3M | $60.1M | +93% |
| Capital expenditures | $2.3M | $1.7M | $604K | +35% |
Questions
How much did Live Oak Bancshares's revenue grow year over year in Q3 2026?
Live Oak Bancshares's revenue rose $33.3M (+23%) from $142M in Q3 2025 to $176M in Q3 2026.
What drove Live Oak Bancshares's revenue change in Q3 2026?
Net interest income +$17.5M (+15%); Noninterest income +$15.8M (+59%).