# LendingTree Revenue Climbs 12% as Goodwill Charge Drives Q3 Loss

By John Kim

Canonical URL: https://www.tokenpost.com/news/business/48303
Published: 2026-11-04T06:37:41.000Z
Updated: 2026-11-04T06:37:41.000Z
Section: Business

> The company recorded a $98.8 million noncash impairment and forecast fourth-quarter revenue of $315 million to $325 million.

LendingTree posted third-quarter revenue of $343.6 million, up 12% year over year, while a noncash goodwill impairment contributed to a $72.4 million GAAP net loss.

The quarter ended Sept. 30. Diluted loss per share was $5.15, and the goodwill impairment charge totaled $98.8 million. LendingTree operates an online marketplace that connects consumers with financial products, including loans, credit cards and insurance.

Insurance revenue rose 15% year over year to $234.9 million. Consumer revenue increased 2% to $67.2 million, while Home revenue grew 9% to $41.5 million.

CEO Scott Peyree called it the company’s 10th consecutive quarter of double-digit revenue growth, saying, “We are pleased to report our tenth straight quarter of double-digit revenue growth.”

LendingTree forecast fourth-quarter revenue of $315 million to $325 million and updated its 2026 revenue outlook to $1.30 billion to $1.31 billion. It also repaid $60 million of long-term debt during the quarter.

The company intends to repurchase shares in the fourth quarter. It described the planned repurchases as its first since the first quarter of 2022.