0001628280-26-016084
SEC filingLendingTree, Inc. reported revenue of $1.12 billion for fiscal year 2025, with net income of $151.3 million. The company generated operating income of $64.8 million, though this was reduced by significant interest expense of $46.8 million. A notable income tax benefit of $130.3 million contributed substantially to the net income figure. Operating cash flow was positive at $73.1 million, while free cash flow (calculated as operating cash flow minus capital expenditures) was $60.7 million. The balance sheet shows total assets of $855.7 million, with significant goodwill of $381.5 million and long-term debt of $387.7 million. Shareholders' equity stood at $286.8 million, with basic and diluted earnings per share both at $11. The company ended the period with $299.0 million in cash, cash equivalents, and restricted cash.
LendingTree, Inc. reported total revenue of $1.12 billion for the fiscal year ending December 31, 2025. The company achieved net income of $151.3 million, which includes a substantial income tax benefit of $130.3 million. Operating income was $64.8 million, calculated after total costs and expenses of $1.05 billion. Key expense components included selling and marketing at $812.9 million, general and administrative at $112.9 million, and product development at $45.3 million. Interest expense netted to $46.8 million. Comprehensive income matched net income at $151.3 million. The weighted average shares outstanding were 13.6 million basic and 14.1 million diluted, resulting in earnings per share of $11 for both basic and diluted calculations.
The provided financial data does not disclose a segment breakdown, geographic mix, or specific growth drivers for the $1.12 billion in revenue. The income statement presents revenue as a consolidated figure without further categorization in the available data. Therefore, a detailed analysis of revenue composition by business segment or geographic region cannot be performed based solely on the provided XBRL data and document text.
Gross profit can be calculated as revenue ($1.12 billion) minus cost of revenue ($42.5 million), resulting in $1.0775 billion. The gross margin is approximately 96.2%. The operating margin, based on operating income of $64.8 million and revenue of $1.12 billion, is approximately 5.8%. The significant difference between the high gross margin and lower operating margin is primarily due to substantial operating expenses, most notably selling and marketing expenses of $812.9 million. Other non-operating items, including the large income tax benefit, had a major impact on the final net income margin of approximately 13.5%.
Net cash provided by operating activities was $73.1 million for the year. After accounting for capital expenditures of $12.4 million, free cash flow was $60.7 million. Investing activities used $9.9 million net, while financing activities used $88.7 million net, leading to a net decrease in cash and equivalents of $25.5 million. The balance sheet shows total assets of $855.7 million, including current assets of $229.7 million. Goodwill represents a significant portion of assets at $381.5 million. Total liabilities are $568.9 million, with long-term debt at $387.7 million. The company maintains a liquidity position with cash, cash equivalents, and restricted cash totaling $299.0 million at period end. The current ratio (current assets / current liabilities) is approximately 1.67.
The provided XBRL financial data and document text do not contain any forward-looking statements, management guidance, strategic priorities, or specific risk factor discussions. Therefore, an analysis of the company's outlook based on disclosed information in this filing cannot be provided. Investors would need to consult the full 10-K filing document, particularly the Management's Discussion and Analysis (MD&A) and Risk Factors sections, for information on future expectations and strategic direction.