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LendingTree — Third Quarter 2026 Earnings Summary

  • Consolidated revenue rose 12% year-over-year to $343.6 million, though GAAP net loss widened to $(72.4) million due to a $98.8 million non-cash goodwill impairment charge, while Adjusted EBITDA dipped 1% to $39.6 million.
  • Full-year 2026 revenue guidance was raised to $1.30–$1.31 billion, with management projecting 17% revenue and 14% Adjusted EBITDA growth at the midpoint, driven by 15% insurance revenue growth and 20% home equity gains.
  • The company voluntarily repaid $60 million of long-term debt and announced plans to resume share repurchases in Q4 2026, the first buyback activity since Q1 2022.
  • Management cited ongoing interest rate headwinds impacting the Home segment but expressed confidence in balance sheet strength and the business's ability to meet updated forecasts despite market challenges.
Company
LENDINGTREE INC
Sector
Financial Services
Industry
Financial Conglomerates