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How LendingTree (TREE) makes money

LendingTree (TREE) made $344M of revenue in the third quarter 2026 (Q3 2026), +12% from a year earlier. Insurance Segment brought in $235M (68%); Consumer Segment brought in $67.2M (20%); Home Segment brought in $41.5M (12%).

Drawing the Sankey…

LendingTree revenue by segment, Q3 2026LendingTree revenue by segment, Q3 2026Insurance Segment$235MConsumer Segment$67.2MHome Segment$41.5M
LendingTree: revenue by line, Q1 2026 to Q3 2026LendingTree: revenue by line, Q1 2026 to Q3 2026Insurance SegmentConsumer SegmentHome SegmentOtherInsurance Segment: $235M latest$235MConsumer Segment: $67.2M latest$67.2MHome Segment: $41.5M latest$41.5MOther: $0 latestQ1 2026Q2 2026Q3 2026
The mix barely moved between Q1 2026 and Q3 2026.
LendingTree revenue by quarterLendingTree revenue by quarter$240MQ1 2025$250MQ2 2025$308MQ3 2025$320MQ4 2025$327MQ1 2026$313MQ2 2026$344MQ3 2026
LendingTree: where each dollar of revenue goesLendingTree: where each dollar of revenue goesOperating cash flow10¢Free cash flow10¢

Revenue by segment, Q3 2026

SegmentRevenueShareQ/QY/Y
Insurance Segment$235M68.4%+12%+15%
Consumer Segment$67.2M19.6%+12%+2%
Home Segment$41.5M12.1%-6%+9%

Where each dollar of revenue goes

LineQ3 2026% of revenue
Revenue$344M100.0%
Operating cash flow$35.7M10.4%
Free cash flow$32.8M9.5%

Revenue, quarter by quarter

QuarterRevenueY/Y
Q3 2026$344M+12%
Q2 2026$313M+25%
Q1 2026$327M+36%
Q4 2025$320M+22%
Q3 2025$308M+18%
Q2 2025$250M+19%
Q1 2025$240M+43%

From LendingTree's 10-Q filed Nov 6, 2026 (on EDGAR).

Questions

How does LendingTree make money?

LendingTree (TREE) made $344M of revenue in the third quarter 2026 (Q3 2026), +12% from a year earlier. Insurance Segment brought in $235M (68%); Consumer Segment brought in $67.2M (20%); Home Segment brought in $41.5M (12%).

What is LendingTree's biggest business?

Insurance Segment: $235M in the third quarter 2026, 68% of revenue, +15% from a year earlier.

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Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.