Revenue Growth Across All Segments Driving Solid Performance
CHARLOTTE, N.C., May 1, 2025 /PRNewswire/ -- LendingTree, Inc. (NASDAQ: TREE), operator of LendingTree.com, the nation's leading online financial services marketplace, today announced results for the quarter ended March 31, 2025.
The company has posted a letter to shareholders on the company's website at investors.lendingtree.com.
"We are happy to report quarterly AEBITDA grew 14% YoY. The first quarter's results, driven by YoY revenue growth in all three of our business segments, exemplifies the durability of the ongoing improvement in our financial performance," said Doug Lebda, Chairman and CEO.
Scott Peyree, President and COO, commented, "Our commitment to operational excellence is steadily delivering numerous wins across the company. Executing on these various initiatives has helped to broaden growth across all three of our segments."
Jason Bengel, CFO, added, "The business continues to perform well, helping to fortify our balance sheet. We remain focused on carefully managing our fixed costs while strategically investing in discrete growth initiatives. This ongoing commitment to discipline and accountability is becoming ingrained across the company, establishing a culture of efficiency as we move forward."
First Quarter 2025 Business Highlights
LendingTree Summary Financial Metrics
Metrics |
2025 |
2024 |
% Change |
Total revenue |
$239.7 |
$167.8 |
43% |
(Loss) income before income taxes |
$(14.8) |
$1.6 |
(1025)% |
Net (loss) income |
$(12.4) |
$1.0 |
(1340)% |
Adjusted EBITDA |
$24.6 |
$21.6 |
14% |
For more detailed financial insights, please refer to the company's full report.
Financial Outlook*
Today we are updating our full-year 2025 outlook and introducing our outlook for the second-quarter.
*LendingTree is not able to provide a reconciliation of projected variable marketing margin or adjusted EBITDA to the most directly comparable expected GAAP results due to the unknown effect, timing and potential significance of the effects of legal matters and tax considerations.
About LendingTree, Inc.
LendingTree, Inc. is the parent of LendingTree, LLC and several companies owned by LendingTree, LLC (collectively, "LendingTree" or the "Company"). LendingTree is one of the nation's largest, most experienced online financial platforms, created to give consumers the power to win financially. LendingTree provides customers with access to the best offers on loans, credit cards, insurance, and more through its network of over 430 financial partners. With a portfolio of innovative products and tools and personalized financial recommendations, LendingTree helps customers achieve everyday financial wins.
Investor Relations Contact: ir@lendingtree.com
Media Contact: media@lendingtree.com