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Side-by-side financial comparison of LendingClub Corp (LC) and Mayville Engineering Company, Inc. (MEC). Click either name above to swap in a different company.
LendingClub Corp is the larger business by last-quarter revenue ($252.3M vs $134.3M, roughly 1.9× Mayville Engineering Company, Inc.). LendingClub Corp runs the higher net margin — 20.5% vs -3.2%, a 23.7% gap on every dollar of revenue. On growth, LendingClub Corp posted the faster year-over-year revenue change (15.9% vs 10.7%). Over the past eight quarters, LendingClub Corp's revenue compounded faster (16.1% CAGR vs -8.8%).
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.
Mayville Engineering Company, Inc. is a U.S.-headquartered leading manufacturer of metal components, fabricated assemblies, and custom engineered solutions. It serves OEM clients across agriculture, construction, transportation, defense, and power sports markets, offering end-to-end services from prototyping to high-volume production for North America.
LC vs MEC — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $252.3M | $134.3M |
| Net Profit | $51.6M | $-4.4M |
| Gross Margin | — | 6.8% |
| Operating Margin | — | -4.1% |
| Net Margin | 20.5% | -3.2% |
| Revenue YoY | 15.9% | 10.7% |
| Net Profit YoY | 341.0% | -127.3% |
| EPS (diluted) | $0.44 | $-0.22 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | $252.3M | — | ||
| Q4 25 | $266.5M | $134.3M | ||
| Q3 25 | $266.2M | $144.3M | ||
| Q2 25 | $248.4M | $132.3M | ||
| Q1 25 | $217.7M | $135.6M | ||
| Q4 24 | $217.2M | $121.3M | ||
| Q3 24 | $201.9M | $135.4M | ||
| Q2 24 | $187.2M | $163.6M |
| Q1 26 | $51.6M | — | ||
| Q4 25 | — | $-4.4M | ||
| Q3 25 | $44.3M | $-2.7M | ||
| Q2 25 | $38.2M | $-1.1M | ||
| Q1 25 | $11.7M | $20.0K | ||
| Q4 24 | — | $16.0M | ||
| Q3 24 | $14.5M | $3.0M | ||
| Q2 24 | $14.9M | $3.8M |
| Q1 26 | — | — | ||
| Q4 25 | — | 6.8% | ||
| Q3 25 | — | 11.0% | ||
| Q2 25 | — | 10.3% | ||
| Q1 25 | — | 11.3% | ||
| Q4 24 | — | 8.9% | ||
| Q3 24 | — | 12.6% | ||
| Q2 24 | — | 13.6% |
| Q1 26 | — | — | ||
| Q4 25 | 18.8% | -4.1% | ||
| Q3 25 | 21.5% | 0.0% | ||
| Q2 25 | 21.7% | 0.1% | ||
| Q1 25 | 7.2% | 1.2% | ||
| Q4 24 | 5.1% | 19.0% | ||
| Q3 24 | 8.9% | 4.2% | ||
| Q2 24 | 10.4% | 5.0% |
| Q1 26 | 20.5% | — | ||
| Q4 25 | — | -3.2% | ||
| Q3 25 | 16.6% | -1.9% | ||
| Q2 25 | 15.4% | -0.8% | ||
| Q1 25 | 5.4% | 0.0% | ||
| Q4 24 | — | 13.2% | ||
| Q3 24 | 7.2% | 2.2% | ||
| Q2 24 | 8.0% | 2.3% |
| Q1 26 | $0.44 | — | ||
| Q4 25 | $0.36 | $-0.22 | ||
| Q3 25 | $0.37 | $-0.13 | ||
| Q2 25 | $0.33 | $-0.05 | ||
| Q1 25 | $0.10 | $0.00 | ||
| Q4 24 | $0.08 | $0.76 | ||
| Q3 24 | $0.13 | $0.14 | ||
| Q2 24 | $0.13 | $0.18 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $1.5M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $1.5B | $240.7M |
| Total Assets | $11.9B | $563.6M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | — | $1.5M | ||
| Q3 25 | — | $1.2M | ||
| Q2 25 | — | $206.0K | ||
| Q1 25 | — | $183.0K | ||
| Q4 24 | — | $206.0K | ||
| Q3 24 | — | $178.0K | ||
| Q2 24 | — | $314.0K |
| Q1 26 | — | — | ||
| Q4 25 | $0 | — | ||
| Q3 25 | $0 | — | ||
| Q2 25 | $0 | — | ||
| Q1 25 | $0 | — | ||
| Q4 24 | $0 | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | $1.5B | — | ||
| Q4 25 | $1.5B | $240.7M | ||
| Q3 25 | $1.5B | $244.8M | ||
| Q2 25 | $1.4B | $246.8M | ||
| Q1 25 | $1.4B | $250.0M | ||
| Q4 24 | $1.3B | $251.8M | ||
| Q3 24 | $1.3B | $238.4M | ||
| Q2 24 | $1.3B | $238.1M |
| Q1 26 | $11.9B | — | ||
| Q4 25 | $11.6B | $563.6M | ||
| Q3 25 | $11.1B | $585.6M | ||
| Q2 25 | $10.8B | $433.7M | ||
| Q1 25 | $10.5B | $447.7M | ||
| Q4 24 | $10.6B | $445.6M | ||
| Q3 24 | $11.0B | $466.0M | ||
| Q2 24 | $9.6B | $488.2M |
| Q1 26 | — | — | ||
| Q4 25 | 0.00× | — | ||
| Q3 25 | 0.00× | — | ||
| Q2 25 | 0.00× | — | ||
| Q1 25 | 0.00× | — | ||
| Q4 24 | 0.00× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | — | $13.4M |
| Free Cash FlowOCF − Capex | — | $10.2M |
| FCF MarginFCF / Revenue | — | 7.6% |
| Capex IntensityCapex / Revenue | — | 2.4% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $26.9M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $-2.7B | $13.4M | ||
| Q3 25 | $-770.8M | $1.9M | ||
| Q2 25 | $-713.1M | $15.0M | ||
| Q1 25 | $-339.3M | $8.3M | ||
| Q4 24 | $-2.6B | $38.0M | ||
| Q3 24 | $-669.8M | $17.9M | ||
| Q2 24 | $-932.5M | $23.3M |
| Q1 26 | — | — | ||
| Q4 25 | $-2.9B | $10.2M | ||
| Q3 25 | $-791.8M | $-1.1M | ||
| Q2 25 | $-803.8M | $12.5M | ||
| Q1 25 | $-352.3M | $5.4M | ||
| Q4 24 | $-2.7B | $35.6M | ||
| Q3 24 | $-682.3M | $15.1M | ||
| Q2 24 | $-945.3M | $19.2M |
| Q1 26 | — | — | ||
| Q4 25 | -1076.0% | 7.6% | ||
| Q3 25 | -297.4% | -0.8% | ||
| Q2 25 | -323.5% | 9.5% | ||
| Q1 25 | -161.8% | 4.0% | ||
| Q4 24 | -1237.8% | 29.4% | ||
| Q3 24 | -338.0% | 11.1% | ||
| Q2 24 | -504.9% | 11.7% |
| Q1 26 | — | — | ||
| Q4 25 | 52.7% | 2.4% | ||
| Q3 25 | 7.9% | 2.1% | ||
| Q2 25 | 36.5% | 1.8% | ||
| Q1 25 | 6.0% | 2.2% | ||
| Q4 24 | 25.0% | 1.9% | ||
| Q3 24 | 6.2% | 2.1% | ||
| Q2 24 | 6.9% | 2.5% |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | -17.41× | — | ||
| Q2 25 | -18.68× | — | ||
| Q1 25 | -29.07× | 416.65× | ||
| Q4 24 | — | 2.38× | ||
| Q3 24 | -46.33× | 6.03× | ||
| Q2 24 | -62.57× | 6.15× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
LC
Segment breakdown not available.
MEC
| Fabrication | $72.2M | 54% |
| Construction And Access | $19.2M | 14% |
| Tubes | $16.2M | 12% |
| Other Market | $11.9M | 9% |
| Agriculture | $7.7M | 6% |
| Military | $6.7M | 5% |
| Outdoor Sports | $1.7M | 1% |
