LendingTree Q3 2026 Revenue Rises 12% Despite Goodwill Charge
LendingTree posted $343.6M in Q3 revenue across all three segments, but a $98.8M non-cash goodwill charge drove a steep net loss.
LendingTree reported third-quarter 2026 consolidated revenue of $343.6 million, a 12% increase from the same period a year earlier, with growth recorded across all three of the company's business segments, according to results released by the online lending marketplace.
Despite the top-line gains, the company recorded a GAAP net loss of $72.4 million, or $5.15 per diluted share, a figure heavily influenced by a $98.8 million non-cash goodwill impairment charge that obscured underlying operational performance during the quarter.
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Stripping out that accounting charge, LendingTree's adjusted earnings before interest, taxes, depreciation, and amortization came in at $39.6 million, while variable marketing margin — a key profitability metric the company uses to gauge the efficiency of its consumer acquisition spending — reached $94.9 million for the period.
The broad-based revenue growth signals continued demand recovery across LendingTree's lending verticals, even as elevated interest rates have kept mortgage origination volumes subdued industrywide. The non-cash goodwill write-down, while significant on paper, does not affect the company's liquidity or day-to-day cash operations, an important distinction for investors evaluating the quarter's headline loss figure.
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