Live Oak Bancshares, Inc.LOBEarnings & Financial Report
Live Oak Bank, a subsidiary of Live Oak Bancshares, Inc., is an American bank. Headquartered in Wilmington, North Carolina, it serves small business owners in all 50 states and was the leading SBA 7(a) lender by dollar volume in 2022.
Revenue
$126.1M
Gross Profit
N/A
Operating Profit
$13.1M
Net Profit
$9.7M
Gross Margin
N/A
Operating Margin
10.4%
Net Margin
7.7%
YoY Growth
8.5%
EPS
$0.21
Live Oak Bancshares, Inc. Q1 FY2025 Financial Summary
Live Oak Bancshares, Inc. reported revenue of $126.1M (up 8.5% YoY) for Q1 FY2025, with a net profit of $9.7M (down 64.8% YoY) (7.7% margin).
Key Financial Metrics
| Total Revenue | $126.1M |
|---|---|
| Net Profit | $9.7M |
| Gross Margin | N/A |
| Operating Margin | 10.4% |
| Report Period | Q1 FY2025 |
Live Oak Bancshares, Inc. Annual Revenue by Year
Live Oak Bancshares, Inc. annual revenue history includes year-by-year totals (for example, 2025 revenue was $577.8M).
| Year | Annual Revenue |
|---|---|
| 2025 | $577.8M |
| 2024 | $488.6M |
| 2023 | $345.3M |
| 2022 | $327.5M |
Live Oak Bancshares, Inc. Quarterly Revenue & Net Profit History
Live Oak Bancshares, Inc. 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 | $145.5M | +18.4% | $27.9M | 19.2% |
| Q4 FY2025 | $161.9M | +38.4% | $46.2M | 28.5% |
| Q3 FY2025 | $146.1M | +12.4% | $26.5M | 18.1% |
| Q2 FY2025 | $143.7M | +14.6% | $23.4M | 16.3% |
| Q1 FY2025 | $126.1M | +8.5% | $9.7M | 7.7% |
| Q4 FY2024 | $116.9M | +4.5% | $9.9M | 8.5% |
| Q3 FY2024 | $129.9M | +2.1% | $13.0M | 10.0% |
| Q2 FY2024 | $125.5M | +15.7% | $27.0M | 21.5% |
Income Statement
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $125.5M | $129.9M | $116.9M | $126.1M | $143.7M | $146.1M | $161.9M | $145.5M |
| YoY Growth | 15.7% | 2.1% | 4.5% | 8.5% | 14.6% | 12.4% | 38.4% | 18.4% |
Balance Sheet
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $11.87B | $12.61B | $12.94B | $13.60B | $13.83B | $14.67B | $15.13B | $15.30B |
| Liabilities | $10.91B | $11.60B | $11.94B | $12.56B | $12.76B | $13.46B | $13.88B | $14.02B |
| Equity | $961.0M | $1.01B | $999.0M | $1.03B | $1.06B | $1.20B | $1.25B | $1.28B |
Cash Flow
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|
| Operating CF | $29.5M | $47.4M | $156.8M | $-33.0M | $49.2M | $62.3M | $158.2M |