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LendingTree (TREE) Q2 2026 earnings results (second quarter 2026)

10-Q filed Jul 31, 2026

LendingTree (TREE) reported revenue of $313M for the second quarter 2026 (Q2 2026), +25% from a year earlier and -4% from the quarter before. Operating margin was 7.0%, net earnings $9.6M (3.1% of revenue).

Revenue$313M
Year over year+25%
Quarter over quarter-4%
Operating margin7.0%
Net earnings$9.6M

LendingTree, Q2 2026: revenue $313M (+25% year over year), operating margin 7.0%, net earnings $9.6M, operating cash flow $29.2M. The chart follows the revenue to costs, profit and cash.

Q2 2026AmountQ/QY/Y
Revenue$313M-4%+25%
Gross profit$88.8M-12%+4%
Operating profit$21.8M-30%+4%
Net earnings$9.6M-45%+8%
Operating cash flow$29.2M+152%+4%
Free cash flow$26.0M+196%+3%

What changed

Revenue was $313.4M in Q2 2026, up 25% year over year and down 4% from the previous quarter. Insurance Segment was the largest line at 67% of revenue. Insurance Segment added $62.1M year over year (up 42%), 98% of the total change. Consumer Segment declined 4%.

Gross margin was 28.3%, down 5.7 points from Q2 2025. Operating profit was $21.8M, a 7.0% margin (down 1.4 points year over year). Of the extra revenue versus Q2 2025, 1% reached operating profit, below the 8% margin then. Operating expenses grew 4% against revenue growth of 25%. Net earnings were $9.6M, up 8% year over year. The effective tax rate was 32.3%.

Operating cash flow was $29.2M (up 4% year over year), 305% of net earnings. Non-cash charges added back $5.6M of depreciation and amortization and $6.2M of share-based compensation. Working capital and other items added $7.8M. Capital expenditures of $3.2M left free cash flow of $26.0M.

Questions

What was LendingTree's revenue in the second quarter 2026?

LendingTree (TREE) reported revenue of $313M for the second quarter 2026 (Q2 2026), +25% from a year earlier and -4% from the quarter before.

Was LendingTree profitable in the second quarter 2026?

Operating profit was $21.8M (7.0% of revenue) and net earnings $9.6M.

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Source: LendingTree 10-Q on SEC EDGAR.