Filing Flows › LendingTree (TREE) › Q1 2026
LendingTree (TREE) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 1, 2026
LendingTree (TREE) reported revenue of $327M for the first quarter 2026 (Q1 2026), +37% from a year earlier and +2% from the quarter before. Operating margin was 9.5%, net earnings $17.3M (5.3% of revenue).
LendingTree, Q1 2026: revenue $327M (+36% year over year), operating margin 9.5%, net earnings $17.3M, operating cash flow $11.6M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $327M | +2% | +37% |
| Gross profit | $101M | +8% | +28% |
| Operating profit | $31.1M | +40% | — |
| Net earnings | $17.3M | -88% | — |
| Operating cash flow | $11.6M | -30% | — |
| Free cash flow | $8.8M | -35% | — |
What changed
Revenue was $327.3M in Q1 2026, up 37% year over year and up 2% from the previous quarter. Insurance Segment was the largest line at 68% of revenue. Insurance Segment added $75.2M year over year (up 51%), 86% of the total change. Other declined 71%.
Gross margin was 30.8%, down 2.2 points from Q1 2025. Operating profit was $31.1M, a 9.5% margin (up 12.5 points year over year). Operating expenses fell 19% while revenue rose 37%. Net earnings were $17.3M. The effective tax rate was 24.7%.
Operating cash flow was $11.6M, 67% of net earnings. Non-cash charges added back $5.5M of depreciation and amortization and $4.1M of share-based compensation. Working capital and other items used $15.2M. Capital expenditures of $2.8M left free cash flow of $8.8M.
Questions
What was LendingTree's revenue in the first quarter 2026?
LendingTree (TREE) reported revenue of $327M for the first quarter 2026 (Q1 2026), +37% from a year earlier and +2% from the quarter before.
Was LendingTree profitable in the first quarter 2026?
Operating profit was $31.1M (9.5% of revenue) and net earnings $17.3M.
Source: LendingTree 10-Q on SEC EDGAR.