LendingTree swings to $72.4 million Q3 net loss on $98.8 million goodwill charge
LendingTree reported third quarter 2026 revenue of $343.6 million, up 12% from a year earlier, but posted a GAAP net loss of $72.4 million, or $5.15 per diluted share, driven by a $98.8 million non-cash goodwill impairment. The company updated its full-year 2026 outlook and said it intends to repurchase shares in the fourth quarter for the first time since the first quarter of 2022, after voluntarily repaying $60 million of long-term debt during the quarter.
Key points
- Revenue of $343.6 million rose 12% from $307.8 million in the third quarter of 2025.
- GAAP net loss of $72.4 million, or $5.15 per diluted share, included a $98.8 million non-cash goodwill impairment charge.
- Adjusted EBITDA of $39.6 million was down 1% from $39.8 million a year earlier; variable marketing margin rose 2% to $94.9 million.
- Full-year 2026 outlook calls for revenue of $1.30 to $1.31 billion and adjusted EBITDA of $151 to $153 million; share repurchases are planned for the fourth quarter.
The filing
Written by AI on Nov 9, 2026, 10:08 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 03, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.