LendingClub CorpLCEarnings & Financial Report
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.
Revenue
$266.2M
Gross Profit
N/A
Operating Profit
$57.2M
Net Profit
$44.3M
Gross Margin
N/A
Operating Margin
21.5%
Net Margin
16.6%
YoY Growth
31.9%
EPS
$0.37
LendingClub Corp Q3 FY2025 Financial Summary
LendingClub Corp reported revenue of $266.2M (up 31.9% YoY) for Q3 FY2025, with a net profit of $44.3M (up 206.2% YoY) (16.6% margin).
Key Financial Metrics
| Total Revenue | $266.2M |
|---|---|
| Net Profit | $44.3M |
| Gross Margin | N/A |
| Operating Margin | 21.5% |
| Report Period | Q3 FY2025 |
Revenue Breakdown
LendingClub Corp Q3 FY2025 revenue of $266.2M breaks down across 2 segments, led by Lending Club Bank at $158.3M (59.4% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Lending Club Bank | $158.3M | 59.4% |
| Financial Service | $105.7M | 39.7% |
LendingClub Corp Revenue by Segment — Quarterly Trend
LendingClub Corp revenue by segment across the last 4 reported quarters, showing how each business line (such as Lending Club Bank and Financial Service) has evolved quarter over quarter.
| Segment | Q1 FY2026 | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 |
|---|---|---|---|---|
| Lending Club Bank | — | $162.8M | $158.3M | $154.1M |
| Financial Service | — | — | $105.7M | $87.6M |
LendingClub Corp Annual Revenue by Year
LendingClub Corp annual revenue history includes year-by-year totals (for example, 2025 revenue was $998.8M).
| Year | Annual Revenue |
|---|---|
| 2025 | $998.8M |
| 2024 | $787.0M |
| 2023 | $864.6M |
| 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.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q1 FY2026 | $252.3M | +15.9% | $51.6M | 20.5% |
| Q4 FY2025 | $266.5M | +22.7% | N/A | N/A |
| Q3 FY2025 | $266.2M | +31.9% | $44.3M | 16.6% |
| Q2 FY2025 | $248.4M | +32.7% | $38.2M | 15.4% |
| Q1 FY2025 | $217.7M | +20.5% | $11.7M | 5.4% |
| Q4 FY2024 | $217.2M | +17.0% | N/A | N/A |
| Q3 FY2024 | $201.9M | +0.5% | $14.5M | 7.2% |
| Q2 FY2024 | $187.2M | -19.5% | $14.9M | 8.0% |
Income Statement
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 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 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 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 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|
| Operating CF | $-932.5M | $-669.8M | $-2.63B | $-339.3M | $-713.1M | $-770.8M | $-2.73B |