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Side-by-side financial comparison of LendingClub Corp (LC) and VARONIS SYSTEMS INC (VRNS). Click either name above to swap in a different company.
LendingClub Corp is the larger business by last-quarter revenue ($252.3M vs $173.1M, roughly 1.5× VARONIS SYSTEMS INC). On growth, VARONIS SYSTEMS INC posted the faster year-over-year revenue change (26.9% vs 15.9%). Over the past eight quarters, LendingClub Corp's revenue compounded faster (16.1% CAGR vs 15.2%).
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.
Varonis Systems, Inc. is a software company based in Miami, Florida with R&D offices in Herzliya, Israel. The company’s Data Security Platform analyzes data and data activity using the insights to identify data exposure risks stemming from access permissions and software-as-a-service (SaaS) app configurations, triggering automated remediation capabilities in response.
LC vs VRNS — Head-to-Head
Income Statement — Q1 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $252.3M | $173.1M |
| Net Profit | $51.6M | — |
| Gross Margin | — | 76.0% |
| Operating Margin | — | — |
| Net Margin | 20.5% | — |
| Revenue YoY | 15.9% | 26.9% |
| Net Profit YoY | 341.0% | — |
| EPS (diluted) | $0.44 | $115788061.00 |
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 | $173.1M | ||
| Q4 25 | $266.5M | $173.4M | ||
| Q3 25 | $266.2M | $161.6M | ||
| Q2 25 | $248.4M | $152.2M | ||
| Q1 25 | $217.7M | $136.4M | ||
| Q4 24 | $217.2M | $158.5M | ||
| Q3 24 | $201.9M | $148.1M | ||
| Q2 24 | $187.2M | $130.3M |
| Q1 26 | $51.6M | — | ||
| Q4 25 | — | $-27.8M | ||
| Q3 25 | $44.3M | $-29.9M | ||
| Q2 25 | $38.2M | $-35.8M | ||
| Q1 25 | $11.7M | $-35.8M | ||
| Q4 24 | — | $-13.0M | ||
| Q3 24 | $14.5M | $-18.3M | ||
| Q2 24 | $14.9M | $-23.9M |
| Q1 26 | — | 76.0% | ||
| Q4 25 | — | 78.9% | ||
| Q3 25 | — | 78.2% | ||
| Q2 25 | — | 79.5% | ||
| Q1 25 | — | 78.7% | ||
| Q4 24 | — | 83.6% | ||
| Q3 24 | — | 83.8% | ||
| Q2 24 | — | 82.8% |
| Q1 26 | — | — | ||
| Q4 25 | 18.8% | -17.5% | ||
| Q3 25 | 21.5% | -22.2% | ||
| Q2 25 | 21.7% | -24.0% | ||
| Q1 25 | 7.2% | -32.1% | ||
| Q4 24 | 5.1% | -11.1% | ||
| Q3 24 | 8.9% | -16.0% | ||
| Q2 24 | 10.4% | -22.1% |
| Q1 26 | 20.5% | — | ||
| Q4 25 | — | -16.0% | ||
| Q3 25 | 16.6% | -18.5% | ||
| Q2 25 | 15.4% | -23.5% | ||
| Q1 25 | 5.4% | -26.2% | ||
| Q4 24 | — | -8.2% | ||
| Q3 24 | 7.2% | -12.4% | ||
| Q2 24 | 8.0% | -18.4% |
| Q1 26 | $0.44 | $115788061.00 | ||
| Q4 25 | $0.36 | $-0.23 | ||
| Q3 25 | $0.37 | $-0.26 | ||
| Q2 25 | $0.33 | $-0.32 | ||
| Q1 25 | $0.10 | $-0.32 | ||
| Q4 24 | $0.08 | $-0.12 | ||
| Q3 24 | $0.13 | $-0.16 | ||
| Q2 24 | $0.13 | $-0.21 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $179.3M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $1.5B | $453.5M |
| Total Assets | $11.9B | $1.6B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $179.3M | ||
| Q4 25 | — | $883.7M | ||
| Q3 25 | — | $671.3M | ||
| Q2 25 | — | $770.9M | ||
| Q1 25 | — | $567.6M | ||
| Q4 24 | — | $529.0M | ||
| Q3 24 | — | $844.8M | ||
| Q2 24 | — | $582.5M |
| 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 | $453.5M | ||
| Q4 25 | $1.5B | $598.7M | ||
| Q3 25 | $1.5B | $604.8M | ||
| Q2 25 | $1.4B | $341.5M | ||
| Q1 25 | $1.4B | $367.7M | ||
| Q4 24 | $1.3B | $455.7M | ||
| Q3 24 | $1.3B | $428.6M | ||
| Q2 24 | $1.3B | $458.6M |
| Q1 26 | $11.9B | $1.6B | ||
| Q4 25 | $11.6B | $1.8B | ||
| Q3 25 | $11.1B | $1.7B | ||
| Q2 25 | $10.8B | $1.6B | ||
| Q1 25 | $10.5B | $1.6B | ||
| Q4 24 | $10.6B | $1.7B | ||
| Q3 24 | $11.0B | $1.5B | ||
| 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 | — | $55.0M |
| Free Cash FlowOCF − Capex | — | $49.0M |
| FCF MarginFCF / Revenue | — | 28.3% |
| Capex IntensityCapex / Revenue | — | — |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $118.2M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $55.0M | ||
| Q4 25 | $-2.7B | $24.7M | ||
| Q3 25 | $-770.8M | $33.4M | ||
| Q2 25 | $-713.1M | $21.3M | ||
| Q1 25 | $-339.3M | $68.0M | ||
| Q4 24 | $-2.6B | $24.3M | ||
| Q3 24 | $-669.8M | $22.5M | ||
| Q2 24 | $-932.5M | $11.7M |
| Q1 26 | — | $49.0M | ||
| Q4 25 | $-2.9B | $20.7M | ||
| Q3 25 | $-791.8M | $30.4M | ||
| Q2 25 | $-803.8M | $18.0M | ||
| Q1 25 | $-352.3M | $65.7M | ||
| Q4 24 | $-2.7B | $19.9M | ||
| Q3 24 | $-682.3M | $21.3M | ||
| Q2 24 | $-945.3M | $10.9M |
| Q1 26 | — | 28.3% | ||
| Q4 25 | -1076.0% | 12.0% | ||
| Q3 25 | -297.4% | 18.8% | ||
| Q2 25 | -323.5% | 11.8% | ||
| Q1 25 | -161.8% | 48.1% | ||
| Q4 24 | -1237.8% | 12.6% | ||
| Q3 24 | -338.0% | 14.4% | ||
| Q2 24 | -504.9% | 8.4% |
| Q1 26 | — | — | ||
| Q4 25 | 52.7% | 2.3% | ||
| Q3 25 | 7.9% | 1.8% | ||
| Q2 25 | 36.5% | 2.2% | ||
| Q1 25 | 6.0% | 1.7% | ||
| Q4 24 | 25.0% | 2.7% | ||
| Q3 24 | 6.2% | 0.8% | ||
| Q2 24 | 6.9% | 0.6% |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | -17.41× | — | ||
| Q2 25 | -18.68× | — | ||
| Q1 25 | -29.07× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | -46.33× | — | ||
| 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.
VRNS
| SaaS | $161.1M | 93% |
| Term license subscriptions | $6.9M | 4% |
| Maintenance and services | $5.2M | 3% |
