The Insurance segment's 51% revenue growth and 71% AEBITDA expansion confirm strong operating leverage. However, the Home segment profit decline and management's cautious commentary on consumer loan demand warrant monitoring. The raised full-year guidance supports the bullish thesis, but the stock's reaction will depend on whether the Insurance momentum can offset Home weakness and macro headwinds.
Price Chart
Executive Summary
LendingTree reported Q1 2026 revenue of $327.3M (+37% YoY) and GAAP diluted EPS of $1.22, swinging from a $(0.92) loss a year ago. Adjusted EBITDA surged 71% to $42.0M, driven by record Insurance segment revenue ($221.9M, +51% YoY). Full-year 2026 guidance was raised modestly, but management flagged geopolitical headwinds pressuring consumer sentiment and loan demand, and the Home segment profit fell 24%.
Key Financial Metrics
Key Facts
- Q1 2026 revenue of $327.3M, up 37% YoY from $239.7M
- GAAP diluted EPS of $1.22 vs $(0.92) in Q1 2025
- Adjusted EBITDA of $42.0M, up 71% YoY from $24.6M
- Insurance segment revenue of $221.9M, up 51% YoY; segment profit $57.9M, up 50%
- Consumer segment revenue $66.3M, up 18% YoY; small business revenue up 49%
- Home segment profit fell 24% to $10.0M on higher media costs
- Full-year 2026 guidance raised: revenue $1.30B-$1.35B (from $1.275B-$1.33B), Adj. EBITDA $152M-$162M (from $150M-$160M)
- Net leverage declined to 2.1x from 2.4x at year-end 2025
- Operating cash flow improved to $11.6M from $(0.2M) in Q1 2025
Financial Impact
Revenue beat consensus by ~1.9% ($327.3M vs $321.2M est); GAAP EPS of $1.22 vs consensus $0.85 (Street-convention EPS not explicitly reported, but GAAP EPS significantly above consensus).
Risk Factors
- Geopolitical issues and record-low consumer sentiment may reduce loan demand, pressuring Consumer and Home segments
- Home segment profit declined 24% YoY due to higher media costs and persistent high interest rates
- Full-year guidance assumes continued Insurance strength but conservatism on other segments
- Net leverage at 2.1x, while improved, still leaves balance sheet exposed to rising rates
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 6 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001628280-26-028909 |
| Document: tree-20260430.htm | 0001628280-26-028909 |
| Document: 0001628280-26-028909-index-headers.html | 0001628280-26-028909 |
| Document: 0001628280-26-028909-index.html | 0001628280-26-028909 |
| Document: 0001628280-26-028909.txt | 0001628280-26-028909 |
| 8-K Data (Synthetic) | 0001628280-26-028909 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 20, 2026 6d ago | Press Release | $26.58 | awaiting T+60 | — | $26.25 (−1.24%) |
Jun 12, 2026 19w ago | Institutional Cluster | $36.55 $27.84 | ▼ −23.83% | ▼ −27.09% | $26.25 (−28.18%) |
Apr 30, 2026 25w ago | 8-K | $38.81 $41.00 | ▲ +5.64% | ▲ +2.57% | $26.25 (−32.36%) |
Apr 27, 2026 26w ago | DEFA14A | $50.32 $39.45 | ▼ −21.60% | ▼ −25.59% | $26.25 (−47.83%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Create a free account Live analysis, Telegram alerts, watchlists and the MCP server for subscribers