LendingClub Corp

LendingClub CorpLCEarnings & Financial Report

NYSE · Financials · Personal Credit Institutions

LendingClub Corporation is an American financial services company headquartered in San Francisco, California. It was the first peer-to-peer lender to register its offerings as securities with the Securities and Exchange Commission (SEC), and to offer loan trading on a secondary market. At its height, LendingClub was the world's largest peer-to-peer lending platform. The company reported that $15.98 billion in loans had been originated through its platform up to December 31, 2015.

LC Q1 FY2026 Key Financial Metrics

Revenue

$252.3M

Gross Profit

N/A

Operating Profit

N/A

Net Profit

$51.6M

Gross Margin

N/A

Operating Margin

N/A

Net Margin

20.5%

YoY Growth

15.9%

EPS

$0.44

LendingClub Corp Q1 FY2026 Financial Summary

LendingClub Corp reported revenue of $252.3M (up 15.9% YoY) for Q1 FY2026, with a net profit of $51.6M (up 341.0% YoY) (20.5% margin).

Key Financial Metrics

Total Revenue$252.3M
Net Profit$51.6M
Gross MarginN/A
Operating MarginN/A
Report PeriodQ1 FY2026

LendingClub Corp Annual Revenue by Year

LendingClub Corp annual revenue history includes year-by-year totals (for example, 2025 revenue was $998.8M).

YearAnnual Revenue
2025$998.8Mvs 2024
2024$787.0Mvs 2023
2023$864.6Mvs 2022
2022$1.2B

LendingClub Corp Quarterly Revenue & Net Profit History

LendingClub Corp results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.

QuarterRevenueRevenue YoYNet ProfitNet Margin
Q1 FY2026$252.3M+15.9%$51.6M20.5%
Q4 FY2025$266.5M+22.7%N/AN/A
Q3 FY2025$266.2M+31.9%$44.3M16.6%
Q2 FY2025$248.4M+32.7%$38.2M15.4%
Q1 FY2025$217.7M+20.5%$11.7M5.4%
Q4 FY2024$217.2M+17.0%N/AN/A
Q3 FY2024$201.9M+0.5%$14.5M7.2%
Q2 FY2024$187.2M-19.5%$14.9M8.0%

Income Statement

Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026
Revenue$187.2M$201.9M$217.2M$217.7M$248.4M$266.2M$266.5M$252.3M
YoY Growth-19.5%0.5%17.0%20.5%32.7%31.9%22.7%15.9%

Balance Sheet

Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026
Assets$9.59B$11.04B$10.63B$10.48B$10.78B$11.07B$11.57B$11.94B
Liabilities$8.30B$9.69B$9.29B$9.12B$9.37B$9.61B$10.07B$10.42B
Equity$1.29B$1.34B$1.34B$1.36B$1.41B$1.46B$1.50B$1.52B

Cash Flow

Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025
Operating CF$-932.5M$-669.8M$-2.63B$-339.3M$-713.1M$-770.8M$-2.73B