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Side-by-side financial comparison of LendingClub Corp (LC) and Perion Network Ltd. (PERI). Click either name above to swap in a different company.
Perion Network Ltd. is the larger business by last-quarter revenue ($368.7M vs $252.3M, roughly 1.5× LendingClub Corp). LendingClub Corp runs the higher net margin — 20.5% vs 2.1%, a 18.4% gap on every dollar of revenue. Over the past eight quarters, Perion Network Ltd.'s revenue compounded faster (16.4% 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.
Perion Network Ltd. is a publicly traded advertising technology company that provides digital advertising technology solutions to advertisers, agencies, retailers, and publishers. Its core offerings are delivered through Perion One, a unified omnichannel advertising platform designed to support campaign planning, activation, optimisation, and measurement across channels and verticals including connected television (CTV), digital out-of-home (DOOH), display, video advertising, as well as retai...
LC vs PERI — Head-to-Head
Income Statement — Q1 FY2026 vs Q3 FY2025
| Metric | | |
|---|---|---|
| Revenue | $252.3M | $368.7M |
| Net Profit | $51.6M | $7.7M |
| Gross Margin | — | — |
| Operating Margin | — | 2.0% |
| Net Margin | 20.5% | 2.1% |
| Revenue YoY | 15.9% | — |
| Net Profit YoY | 341.0% | — |
| EPS (diluted) | $0.44 | — |
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 | — | ||
| Q3 25 | $266.2M | $368.7M | ||
| Q2 25 | $248.4M | $266.5M | ||
| Q1 25 | $217.7M | $157.8M | ||
| Q4 24 | $217.2M | — | ||
| Q3 24 | $201.9M | $508.9M | ||
| Q2 24 | $187.2M | $323.6M |
| Q1 26 | $51.6M | — | ||
| Q4 25 | — | — | ||
| Q3 25 | $44.3M | $7.7M | ||
| Q2 25 | $38.2M | $5.6M | ||
| Q1 25 | $11.7M | $11.8M | ||
| Q4 24 | — | — | ||
| Q3 24 | $14.5M | $78.0M | ||
| Q2 24 | $14.9M | $45.2M |
| Q1 26 | — | — | ||
| Q4 25 | 18.8% | — | ||
| Q3 25 | 21.5% | 2.0% | ||
| Q2 25 | 21.7% | -1.7% | ||
| Q1 25 | 7.2% | 5.4% | ||
| Q4 24 | 5.1% | — | ||
| Q3 24 | 8.9% | 15.1% | ||
| Q2 24 | 10.4% | 13.7% |
| Q1 26 | 20.5% | — | ||
| Q4 25 | — | — | ||
| Q3 25 | 16.6% | 2.1% | ||
| Q2 25 | 15.4% | 2.1% | ||
| Q1 25 | 5.4% | 7.5% | ||
| Q4 24 | — | — | ||
| Q3 24 | 7.2% | 15.3% | ||
| Q2 24 | 8.0% | 14.0% |
| Q1 26 | $0.44 | — | ||
| Q4 25 | $0.36 | — | ||
| Q3 25 | $0.37 | — | ||
| Q2 25 | $0.33 | — | ||
| Q1 25 | $0.10 | — | ||
| Q4 24 | $0.08 | — | ||
| Q3 24 | $0.13 | — | ||
| Q2 24 | $0.13 | — |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $156.2M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $1.5B | $722.9M |
| Total Assets | $11.9B | $915.5M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | $156.2M | ||
| Q2 25 | — | $156.2M | ||
| Q1 25 | — | $156.2M | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $187.6M | ||
| Q2 24 | — | $187.6M |
| 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 | — | ||
| Q3 25 | $1.5B | $722.9M | ||
| Q2 25 | $1.4B | $722.9M | ||
| Q1 25 | $1.4B | $722.9M | ||
| Q4 24 | $1.3B | — | ||
| Q3 24 | $1.3B | $718.1M | ||
| Q2 24 | $1.3B | $718.1M |
| Q1 26 | $11.9B | — | ||
| Q4 25 | $11.6B | — | ||
| Q3 25 | $11.1B | $915.5M | ||
| Q2 25 | $10.8B | $915.5M | ||
| Q1 25 | $10.5B | $915.5M | ||
| Q4 24 | $10.6B | — | ||
| Q3 24 | $11.0B | $1.1B | ||
| Q2 24 | $9.6B | $1.1B |
| 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 | — | $2.6M |
| Free Cash FlowOCF − Capex | — | $-2.9M |
| FCF MarginFCF / Revenue | — | -0.8% |
| Capex IntensityCapex / Revenue | — | 1.5% |
| Cash ConversionOCF / Net Profit | — | 0.34× |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $-2.7B | — | ||
| Q3 25 | $-770.8M | $2.6M | ||
| Q2 25 | $-713.1M | — | ||
| Q1 25 | $-339.3M | — | ||
| Q4 24 | $-2.6B | — | ||
| Q3 24 | $-669.8M | $105.2M | ||
| Q2 24 | $-932.5M | — |
| Q1 26 | — | — | ||
| Q4 25 | $-2.9B | — | ||
| Q3 25 | $-791.8M | $-2.9M | ||
| Q2 25 | $-803.8M | — | ||
| Q1 25 | $-352.3M | — | ||
| Q4 24 | $-2.7B | — | ||
| Q3 24 | $-682.3M | $104.7M | ||
| Q2 24 | $-945.3M | — |
| Q1 26 | — | — | ||
| Q4 25 | -1076.0% | — | ||
| Q3 25 | -297.4% | -0.8% | ||
| Q2 25 | -323.5% | — | ||
| Q1 25 | -161.8% | — | ||
| Q4 24 | -1237.8% | — | ||
| Q3 24 | -338.0% | 20.6% | ||
| Q2 24 | -504.9% | — |
| Q1 26 | — | — | ||
| Q4 25 | 52.7% | — | ||
| Q3 25 | 7.9% | 1.5% | ||
| Q2 25 | 36.5% | — | ||
| Q1 25 | 6.0% | — | ||
| Q4 24 | 25.0% | — | ||
| Q3 24 | 6.2% | 0.1% | ||
| Q2 24 | 6.9% | — |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | -17.41× | 0.34× | ||
| Q2 25 | -18.68× | — | ||
| Q1 25 | -29.07× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | -46.33× | 1.35× | ||
| Q2 24 | -62.57× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
LC
Segment breakdown not available.
PERI
| Advertising Solutions | $231.4M | 63% |
| Search Advertising | $137.3M | 37% |
