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Side-by-side financial comparison of LendingClub Corp (LC) and Paymentus Holdings, Inc. (PAY). Click either name above to swap in a different company.
Paymentus Holdings, Inc. is the larger business by last-quarter revenue ($330.5M vs $252.3M, roughly 1.3× LendingClub Corp). LendingClub Corp runs the higher net margin — 20.5% vs 6.3%, a 14.2% gap on every dollar of revenue. On growth, Paymentus Holdings, Inc. posted the faster year-over-year revenue change (28.1% vs 15.9%). Over the past eight quarters, Paymentus Holdings, Inc.'s revenue compounded faster (33.7% CAGR vs 16.1%).
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.
Paymentus Holdings, Inc. is a leading cloud-based bill payment and customer engagement technology provider. It offers integrated digital payment solutions, billing automation tools, and self-service portals for enterprises across utilities, financial services, government, healthcare, and telecommunications segments, primarily operating in the North American market.
LC vs PAY — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $252.3M | $330.5M |
| Net Profit | $51.6M | $20.7M |
| Gross Margin | — | 25.4% |
| Operating Margin | — | 7.3% |
| Net Margin | 20.5% | 6.3% |
| Revenue YoY | 15.9% | 28.1% |
| Net Profit YoY | 341.0% | 57.2% |
| EPS (diluted) | $0.44 | $0.16 |
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 | $330.5M | ||
| Q3 25 | $266.2M | $310.7M | ||
| Q2 25 | $248.4M | $280.1M | ||
| Q1 25 | $217.7M | $275.2M | ||
| Q4 24 | $217.2M | $257.9M | ||
| Q3 24 | $201.9M | $231.6M | ||
| Q2 24 | $187.2M | $197.4M |
| Q1 26 | $51.6M | — | ||
| Q4 25 | — | $20.7M | ||
| Q3 25 | $44.3M | $17.7M | ||
| Q2 25 | $38.2M | $14.7M | ||
| Q1 25 | $11.7M | $13.8M | ||
| Q4 24 | — | $13.1M | ||
| Q3 24 | $14.5M | $14.4M | ||
| Q2 24 | $14.9M | $9.4M |
| Q1 26 | — | — | ||
| Q4 25 | — | 25.4% | ||
| Q3 25 | — | 24.1% | ||
| Q2 25 | — | 25.5% | ||
| Q1 25 | — | 24.0% | ||
| Q4 24 | — | 25.6% | ||
| Q3 24 | — | 26.2% | ||
| Q2 24 | — | 29.8% |
| Q1 26 | — | — | ||
| Q4 25 | 18.8% | 7.3% | ||
| Q3 25 | 21.5% | 6.4% | ||
| Q2 25 | 21.7% | 5.7% | ||
| Q1 25 | 7.2% | 5.7% | ||
| Q4 24 | 5.1% | 5.5% | ||
| Q3 24 | 8.9% | 5.2% | ||
| Q2 24 | 10.4% | 5.2% |
| Q1 26 | 20.5% | — | ||
| Q4 25 | — | 6.3% | ||
| Q3 25 | 16.6% | 5.7% | ||
| Q2 25 | 15.4% | 5.3% | ||
| Q1 25 | 5.4% | 5.0% | ||
| Q4 24 | — | 5.1% | ||
| Q3 24 | 7.2% | 6.2% | ||
| Q2 24 | 8.0% | 4.7% |
| Q1 26 | $0.44 | — | ||
| Q4 25 | $0.36 | $0.16 | ||
| Q3 25 | $0.37 | $0.14 | ||
| Q2 25 | $0.33 | $0.11 | ||
| Q1 25 | $0.10 | $0.11 | ||
| Q4 24 | $0.08 | $0.11 | ||
| Q3 24 | $0.13 | $0.11 | ||
| Q2 24 | $0.13 | $0.07 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $320.9M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $1.5B | $560.4M |
| Total Assets | $11.9B | $667.9M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | — | $320.9M | ||
| Q3 25 | — | $287.9M | ||
| Q2 25 | — | $266.4M | ||
| Q1 25 | — | $245.8M | ||
| Q4 24 | — | $205.9M | ||
| Q3 24 | — | $187.5M | ||
| Q2 24 | — | $188.8M |
| 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 | $560.4M | ||
| Q3 25 | $1.5B | $537.4M | ||
| Q2 25 | $1.4B | $516.7M | ||
| Q1 25 | $1.4B | $500.4M | ||
| Q4 24 | $1.3B | $485.6M | ||
| Q3 24 | $1.3B | $468.8M | ||
| Q2 24 | $1.3B | $451.6M |
| Q1 26 | $11.9B | — | ||
| Q4 25 | $11.6B | $667.9M | ||
| Q3 25 | $11.1B | $644.4M | ||
| Q2 25 | $10.8B | $609.5M | ||
| Q1 25 | $10.5B | $590.9M | ||
| Q4 24 | $10.6B | $576.2M | ||
| Q3 24 | $11.0B | $552.9M | ||
| Q2 24 | $9.6B | $527.7M |
| 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 | — | $45.1M |
| Free Cash FlowOCF − Capex | — | $45.0M |
| FCF MarginFCF / Revenue | — | 13.6% |
| Capex IntensityCapex / Revenue | — | 0.0% |
| Cash ConversionOCF / Net Profit | — | 2.18× |
| TTM Free Cash FlowTrailing 4 quarters | — | $161.8M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $-2.7B | $45.1M | ||
| Q3 25 | $-770.8M | $35.1M | ||
| Q2 25 | $-713.1M | $31.5M | ||
| Q1 25 | $-339.3M | $50.4M | ||
| Q4 24 | $-2.6B | $27.9M | ||
| Q3 24 | $-669.8M | $6.7M | ||
| Q2 24 | $-932.5M | $18.0M |
| Q1 26 | — | — | ||
| Q4 25 | $-2.9B | $45.0M | ||
| Q3 25 | $-791.8M | $35.0M | ||
| Q2 25 | $-803.8M | $31.4M | ||
| Q1 25 | $-352.3M | $50.4M | ||
| Q4 24 | $-2.7B | $27.8M | ||
| Q3 24 | $-682.3M | $6.7M | ||
| Q2 24 | $-945.3M | $17.8M |
| Q1 26 | — | — | ||
| Q4 25 | -1076.0% | 13.6% | ||
| Q3 25 | -297.4% | 11.3% | ||
| Q2 25 | -323.5% | 11.2% | ||
| Q1 25 | -161.8% | 18.3% | ||
| Q4 24 | -1237.8% | 10.8% | ||
| Q3 24 | -338.0% | 2.9% | ||
| Q2 24 | -504.9% | 9.0% |
| Q1 26 | — | — | ||
| Q4 25 | 52.7% | 0.0% | ||
| Q3 25 | 7.9% | 0.0% | ||
| Q2 25 | 36.5% | 0.0% | ||
| Q1 25 | 6.0% | 0.0% | ||
| Q4 24 | 25.0% | 0.0% | ||
| Q3 24 | 6.2% | 0.0% | ||
| Q2 24 | 6.9% | 0.1% |
| Q1 26 | — | — | ||
| Q4 25 | — | 2.18× | ||
| Q3 25 | -17.41× | 1.98× | ||
| Q2 25 | -18.68× | 2.14× | ||
| Q1 25 | -29.07× | 3.65× | ||
| Q4 24 | — | 2.12× | ||
| Q3 24 | -46.33× | 0.47× | ||
| Q2 24 | -62.57× | 1.93× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
LC
Segment breakdown not available.
PAY
| Payment Transaction Processing Revenue | $326.9M | 99% |
| Other | $3.5M | 1% |
