vs
Side-by-side financial comparison of LendingClub Corp (LC) and Paylocity Holding Corp (PCTY). Click either name above to swap in a different company.
Paylocity Holding Corp is the larger business by last-quarter revenue ($387.0M vs $252.3M, roughly 1.5× LendingClub Corp). LendingClub Corp runs the higher net margin — 20.5% vs 13.0%, a 7.5% gap on every dollar of revenue. On growth, LendingClub Corp posted the faster year-over-year revenue change (15.9% vs 11.3%). Over the past eight quarters, LendingClub Corp's revenue compounded faster (16.1% CAGR vs 2.7%).
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.
Paylocity Holding Corporation is an American provider of cloud-based payroll, , spend management, and human capital management (HCM) software.
LC vs PCTY — Head-to-Head
Income Statement — Q1 FY2026 vs Q2 FY2026
| Metric | | |
|---|---|---|
| Revenue | $252.3M | $387.0M |
| Net Profit | $51.6M | $50.2M |
| Gross Margin | — | 72.9% |
| Operating Margin | — | 18.2% |
| Net Margin | 20.5% | 13.0% |
| Revenue YoY | 15.9% | 11.3% |
| Net Profit YoY | 341.0% | 34.0% |
| EPS (diluted) | $0.44 | $0.92 |
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 | $387.0M | ||
| Q3 25 | $266.2M | $378.9M | ||
| Q2 25 | $248.4M | $369.9M | ||
| Q1 25 | $217.7M | $421.1M | ||
| Q4 24 | $217.2M | $347.7M | ||
| Q3 24 | $201.9M | $333.1M | ||
| Q2 24 | $187.2M | $324.7M |
| Q1 26 | $51.6M | — | ||
| Q4 25 | — | $50.2M | ||
| Q3 25 | $44.3M | $48.0M | ||
| Q2 25 | $38.2M | $48.6M | ||
| Q1 25 | $11.7M | $91.5M | ||
| Q4 24 | — | $37.5M | ||
| Q3 24 | $14.5M | $49.6M | ||
| Q2 24 | $14.9M | $48.8M |
| Q1 26 | — | — | ||
| Q4 25 | — | 72.9% | ||
| Q3 25 | — | 73.9% | ||
| Q2 25 | — | 73.5% | ||
| Q1 25 | — | 77.1% | ||
| Q4 24 | — | 72.6% | ||
| Q3 24 | — | 74.4% | ||
| Q2 24 | — | 74.0% |
| Q1 26 | — | — | ||
| Q4 25 | 18.8% | 18.2% | ||
| Q3 25 | 21.5% | 19.6% | ||
| Q2 25 | 21.7% | 17.9% | ||
| Q1 25 | 7.2% | 30.2% | ||
| Q4 24 | 5.1% | 13.4% | ||
| Q3 24 | 8.9% | 19.3% | ||
| Q2 24 | 10.4% | 19.4% |
| Q1 26 | 20.5% | — | ||
| Q4 25 | — | 13.0% | ||
| Q3 25 | 16.6% | 12.7% | ||
| Q2 25 | 15.4% | 13.1% | ||
| Q1 25 | 5.4% | 21.7% | ||
| Q4 24 | — | 10.8% | ||
| Q3 24 | 7.2% | 14.9% | ||
| Q2 24 | 8.0% | 15.0% |
| Q1 26 | $0.44 | — | ||
| Q4 25 | $0.36 | $0.92 | ||
| Q3 25 | $0.37 | $0.86 | ||
| Q2 25 | $0.33 | $0.87 | ||
| Q1 25 | $0.10 | $1.61 | ||
| Q4 24 | $0.08 | $0.66 | ||
| Q3 24 | $0.13 | $0.88 | ||
| Q2 24 | $0.13 | $0.85 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $162.5M |
| Total DebtLower is stronger | — | $81.3M |
| Stockholders' EquityBook value | $1.5B | $1.1B |
| Total Assets | $11.9B | $7.0B |
| Debt / EquityLower = less leverage | — | 0.07× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | — | $162.5M | ||
| Q3 25 | — | $165.2M | ||
| Q2 25 | — | $398.1M | ||
| Q1 25 | — | $477.8M | ||
| Q4 24 | — | $482.4M | ||
| Q3 24 | — | $778.5M | ||
| Q2 24 | — | $401.8M |
| Q1 26 | — | — | ||
| Q4 25 | $0 | $81.3M | ||
| Q3 25 | $0 | $81.3M | ||
| Q2 25 | $0 | $162.5M | ||
| Q1 25 | $0 | $243.8M | ||
| Q4 24 | $0 | $325.0M | ||
| Q3 24 | — | $325.0M | ||
| Q2 24 | — | $0 |
| Q1 26 | $1.5B | — | ||
| Q4 25 | $1.5B | $1.1B | ||
| Q3 25 | $1.5B | $1.1B | ||
| Q2 25 | $1.4B | $1.2B | ||
| Q1 25 | $1.4B | $1.2B | ||
| Q4 24 | $1.3B | $1.2B | ||
| Q3 24 | $1.3B | $1.1B | ||
| Q2 24 | $1.3B | $1.0B |
| Q1 26 | $11.9B | — | ||
| Q4 25 | $11.6B | $7.0B | ||
| Q3 25 | $11.1B | $4.2B | ||
| Q2 25 | $10.8B | $4.4B | ||
| Q1 25 | $10.5B | $5.2B | ||
| Q4 24 | $10.6B | $5.3B | ||
| Q3 24 | $11.0B | $4.0B | ||
| Q2 24 | $9.6B | $4.2B |
| Q1 26 | — | — | ||
| Q4 25 | 0.00× | 0.07× | ||
| Q3 25 | 0.00× | 0.07× | ||
| Q2 25 | 0.00× | 0.13× | ||
| Q1 25 | 0.00× | 0.20× | ||
| Q4 24 | 0.00× | 0.28× | ||
| Q3 24 | — | 0.29× | ||
| Q2 24 | — | 0.00× |
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 | — | $117.0M |
| Free Cash FlowOCF − Capex | — | $113.6M |
| FCF MarginFCF / Revenue | — | 29.4% |
| Capex IntensityCapex / Revenue | — | 0.9% |
| Cash ConversionOCF / Net Profit | — | 2.33× |
| TTM Free Cash FlowTrailing 4 quarters | — | $461.1M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $-2.7B | $117.0M | ||
| Q3 25 | $-770.8M | $86.5M | ||
| Q2 25 | $-713.1M | $86.6M | ||
| Q1 25 | $-339.3M | $186.0M | ||
| Q4 24 | $-2.6B | $54.2M | ||
| Q3 24 | $-669.8M | $91.5M | ||
| Q2 24 | $-932.5M | $79.9M |
| Q1 26 | — | — | ||
| Q4 25 | $-2.9B | $113.6M | ||
| Q3 25 | $-791.8M | $82.7M | ||
| Q2 25 | $-803.8M | $81.1M | ||
| Q1 25 | $-352.3M | $183.7M | ||
| Q4 24 | $-2.7B | $51.2M | ||
| Q3 24 | $-682.3M | $89.1M | ||
| Q2 24 | $-945.3M | $73.6M |
| Q1 26 | — | — | ||
| Q4 25 | -1076.0% | 29.4% | ||
| Q3 25 | -297.4% | 21.8% | ||
| Q2 25 | -323.5% | 21.9% | ||
| Q1 25 | -161.8% | 43.6% | ||
| Q4 24 | -1237.8% | 14.7% | ||
| Q3 24 | -338.0% | 26.8% | ||
| Q2 24 | -504.9% | 22.7% |
| Q1 26 | — | — | ||
| Q4 25 | 52.7% | 0.9% | ||
| Q3 25 | 7.9% | 1.0% | ||
| Q2 25 | 36.5% | 1.5% | ||
| Q1 25 | 6.0% | 0.5% | ||
| Q4 24 | 25.0% | 0.9% | ||
| Q3 24 | 6.2% | 0.7% | ||
| Q2 24 | 6.9% | 1.9% |
| Q1 26 | — | — | ||
| Q4 25 | — | 2.33× | ||
| Q3 25 | -17.41× | 1.80× | ||
| Q2 25 | -18.68× | 1.78× | ||
| Q1 25 | -29.07× | 2.03× | ||
| Q4 24 | — | 1.45× | ||
| Q3 24 | -46.33× | 1.84× | ||
| Q2 24 | -62.57× | 1.64× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
LC
Segment breakdown not available.
PCTY
| Recurring Fees | $370.1M | 96% |
| Implementation Services And Other | $16.9M | 4% |
