LendingTree | 8-K: FY2025 Q2 Revenue Beats Estimate at USD 250.1 M

Revenue: As of FY2025 Q2, the actual value is USD 250.1 M, beating the estimate of USD 244.03 M.

EPS: As of FY2025 Q2, the actual value is USD 0.65, beating the estimate of USD 0.3482.

EBIT: As of FY2025 Q2, the actual value is USD 10.8 M.

Segment Revenue

• Total Revenue: $250.1 million, a 19% increase YoY from $210.1 million.
• Insurance Segment: Revenue of $147.2 million, up 21% YoY, with a segment profit of $40.0 million, a 10% increase YoY.
• Consumer Segment: Revenue of $62.5 million, up 12% YoY, with personal loans revenue increasing 14% to $30.6 million.
• Home Segment: Revenue of $40.4 million, up 25% YoY, with home equity revenue increasing 38% to $30.3 million.

Operational Metrics

• Net Income: $8.9 million, a 14% increase YoY from $7.8 million.
• Variable Marketing Margin: $83.6 million, representing 33% of revenue, up from 34% YoY.
• Adjusted EBITDA: $31.8 million, a 35% increase YoY from $23.5 million.
• Segment Profit: Total segment profit of $85.1 million, a 17% increase YoY, with the Home segment profit increasing by 41% and the Consumer segment profit by 19%.

Cash Flow

• Variable Marketing Expense: $166.5 million, a 20% increase YoY from $139.2 million.
• Operating Cash Flow: Net cash provided by operating activities was $27.7 million for the six months ended June 30, 2025.
• Free Cash Flow: Not explicitly stated, but capital expenditures were $6.2 million, indicating investment in growth.

Unique Metrics

• Net Leverage: Improved to 3x from 5x over the last year.

Outlook / Guidance

• Third-quarter 2025: Revenue expected between $273 - $281 million, with a variable marketing margin of $86 - $89 million, and adjusted EBITDA of $34 - $36 million.
• Full-year 2025: Revenue projected between $1.0 to $1.05 billion, with a variable marketing margin of $329 - $336 million, and adjusted EBITDA of $119 - $126 million.