LendingTree, Inc. filed its Form 10-Q for the quarterly period ended September 30, 2026 with the U.S. Securities and Exchange Commission on November 6, 2026, reporting a net loss for the third quarter driven by a goodwill impairment charge of $98,823 thousand.

Key Highlights

  • Goodwill impairment: The company recorded a goodwill impairment charge of $98,823 thousand in Q3 2026, with no comparable charge in Q3 2025.
  • Q3 2026 net loss: LendingTree reported a net loss of $72,364 thousand for the three months ended September 30, 2026, compared to net income of $10,165 thousand in the same period of 2025.
  • Q3 2026 revenue: Revenue was $343,588 thousand for the three months ended September 30, 2026, up from $307,792 thousand in Q3 2025.
  • Nine-month net loss: For the nine months ended September 30, 2026, net loss was $45,524 thousand, versus net income of $6,652 thousand in the same period of 2025.
  • Loss per share: Basic and diluted net loss per share were each $(5.15) for Q3 2026, compared to basic earnings of $0.75 and diluted earnings of $0.73 per share in Q3 2025.
  • Shares outstanding: As of October 30, 2026, there were 14,044,187 shares of common stock outstanding, excluding treasury shares.
  • Total assets: Total assets were $804,241 thousand as of September 30, 2026, down from $855,692 thousand as of December 31, 2025.

LendingTree Q3 2026: Goodwill Impairment Weighs on Results as Revenue Climbs

According to the filing, LendingTree recorded a goodwill impairment charge of $98,823 thousand in the third quarter of 2026, a charge that did not appear in the same period of 2025. The company reported goodwill on its balance sheet of $282,716 thousand as of September 30, 2026, down from $381,539 thousand as of December 31, 2025. The impairment was the primary driver of an operating loss of $70,277 thousand for Q3 2026, compared to operating income of $28,766 thousand in Q3 2025.

Revenue for the three months ended September 30, 2026 was $343,588 thousand, an increase from $307,792 thousand in the prior-year quarter, the filing disclosed. Selling and marketing expense rose to $260,508 thousand in Q3 2026 from $225,051 thousand in Q3 2025. For the nine months ended September 30, 2026, revenue totaled $984,277 thousand compared to $797,636 thousand for the same period of 2025, according to the filing.

The consolidated balance sheet showed total liabilities of $551,082 thousand and total shareholders' equity of $253,159 thousand as of September 30, 2026, the filing reported. The accumulated deficit widened to $773,623 thousand from $728,099 thousand at December 31, 2025. Long-term debt stood at $326,659 thousand as of September 30, 2026, down from $387,694 thousand at year-end 2025. Net interest expense for the nine months ended September 30, 2026 was $26,178 thousand, compared to $37,393 thousand in the same period of 2025, according to the filing. LendingTree (NASDAQ:TREE) is classified as an accelerated filer.

What Was Disclosed

LendingTree filed its quarterly report covering the period ended September 30, 2026, disclosing a $98,823 thousand goodwill impairment charge, a Q3 net loss of $72,364 thousand, revenue of $343,588 thousand for the quarter, and 14,044,187 shares outstanding as of October 30, 2026.