LendingClub Corp Financials
This page shows LendingClub Corp (LC) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Financial Health Signals
Based on FY2025 annual data. Scores normalized against common benchmarks. How we calculate these scores
LendingClub Corp's revenue surged 26.9% year-over-year to $998.8M, reflecting rapid business expansion. This strong growth earns a score of 100/100.
LendingClub Corp carries a low D/E ratio of 0.00, meaning only $0.00 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 100/100, indicating a strong balance sheet with room for future borrowing.
While LendingClub Corp generated -$2.7B in operating cash flow, capex of $140.3M consumed most of it, leaving -$2.9B in free cash flow. This results in a low score of 0/100, reflecting heavy capital investment rather than weak cash generation.
LendingClub Corp's ROE of 9.0% shows moderate profitability relative to equity, earning a score of 36/100. This is up from 3.8% the prior year.
LendingClub Corp passes 3 of 9 financial strength tests. 2 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), both operating efficiency signals pass.
For every $1 of reported earnings, LendingClub Corp generates $-20.10 in operating cash flow (-$2.7B OCF vs $135.7M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.
Key Financial Metrics
LendingClub Corp generated $998.8M in revenue in fiscal year 2025. This represents an increase of 26.9% from the prior year.
LendingClub Corp generated -$2.9B in free cash flow in fiscal year 2025, representing cash available after capex. This represents a decrease of 6.7% from the prior year.
LendingClub Corp reported $135.7M in net income in fiscal year 2025. This represents an increase of 164.3% from the prior year.
LendingClub Corp earned $1.16 per diluted share (EPS) in fiscal year 2025. This represents an increase of 157.8% from the prior year.
LendingClub Corp held $930.4M in cash against $0 in long-term debt as of fiscal year 2025.
LendingClub Corp had 115M shares outstanding in fiscal year 2025. This represents an increase of 1.6% from the prior year.
LendingClub Corp's net profit margin was 13.6% in fiscal year 2025, showing the share of revenue converted to profit. This is up 7.1 percentage points from the prior year.
LendingClub Corp's ROE was 9.0% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 5.2 percentage points from the prior year.
LendingClub Corp invested $140.3M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents an increase of 158.4% from the prior year.
LC Income Statement
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $266.5M+0.1% | $266.2M+7.2% | $248.4M+14.1% | $217.7M+0.2% | $217.2M+7.6% | $201.9M+7.8% | $187.2M+3.6% | $180.7M |
| Cost of Revenue | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Gross Profit | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| R&D Expenses | N/A | N/A | N/A | N/A | $41.1M-0.9% | $41.5M-4.3% | $43.3M+1.8% | $42.5M |
| SG&A Expenses | $2.3M-92.9% | $31.8M+9.9% | $29.0M+60.7% | $18.0M-68.7% | $57.6M-3.2% | $59.5M-7.5% | $64.3M+13.1% | $56.9M |
| Operating Income | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Interest Expense | $87.6M+5.0% | $83.4M+0.6% | $82.8M+0.9% | $82.1M-16.4% | $98.2M-1.9% | $100.1M+9.9% | $91.1M+7.9% | $84.5M |
| Income Tax | $8.5M-34.6% | $13.0M-18.0% | $15.8M+292.8% | $4.0M+189.9% | $1.4M-60.9% | $3.6M-21.4% | $4.5M+5.6% | $4.3M |
| Net Income | $41.6M-6.1% | $44.3M+16.0% | $38.2M+227.1% | $11.7M+20.1% | $9.7M-32.8% | $14.5M-3.0% | $14.9M+21.7% | $12.3M |
| EPS (Diluted) | N/A | $0.37+12.1% | $0.33+230.0% | $0.10 | $0.00-100.0% | $0.130.0% | $0.13+18.2% | $0.11 |
LC Balance Sheet
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $11.6B+4.5% | $11.1B+2.8% | $10.8B+2.8% | $10.5B-1.4% | $10.6B-3.7% | $11.0B+15.1% | $9.6B+3.7% | $9.2B |
| Current Assets | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Cash & Equivalents | $930.4M+10.0% | $845.7M+9.2% | $774.3M-15.9% | $920.2M-5.8% | $977.4M-6.9% | $1.1B+8.3% | $969.5M-12.1% | $1.1B |
| Inventory | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Accounts Receivable | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Goodwill | $75.7M0.0% | $75.7M0.0% | $75.7M0.0% | $75.7M0.0% | $75.7M0.0% | $75.7M0.0% | $75.7M0.0% | $75.7M |
| Total Liabilities | $10.1B+4.8% | $9.6B+2.6% | $9.4B+2.7% | $9.1B-1.8% | $9.3B-4.2% | $9.7B+16.8% | $8.3B+4.0% | $8.0B |
| Current Liabilities | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Long-Term Debt | $0 | $0 | $0 | $0 | $0 | N/A | N/A | N/A |
| Total Equity | $1.5B+2.6% | $1.5B+4.0% | $1.4B+3.0% | $1.4B+1.7% | $1.3B-0.1% | $1.3B+4.3% | $1.3B+1.7% | $1.3B |
| Retained Earnings | -$201.8M+17.1% | -$243.4M+15.4% | -$287.6M+11.7% | -$325.8M+3.5% | -$337.5M+2.8% | -$347.2M+4.0% | -$361.7M+4.0% | -$376.6M |
LC Cash Flow Statement
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$903.8M-17.2% | -$770.8M-8.1% | -$713.1M-110.2% | -$339.3M-83.0% | -$185.4M+72.3% | -$669.8M+28.2% | -$932.5M-10.2% | -$846.5M |
| Capital Expenditures | $15.6M-25.8% | $21.0M-76.8% | $90.7M+594.1% | $13.1M-24.1% | $17.2M+38.5% | $12.4M-3.3% | $12.9M+9.2% | $11.8M |
| Free Cash Flow | -$919.3M-16.1% | -$791.8M+1.5% | -$803.8M-128.1% | -$352.3M-73.9% | -$202.6M+70.3% | -$682.3M+27.8% | -$945.3M-10.1% | -$858.3M |
| Investing Cash Flow | $548.8M-7.9% | $595.9M+76.8% | $337.0M-25.2% | $450.5M-9.6% | $498.1M+183.8% | -$594.1M-222.0% | $487.0M+124.5% | $216.9M |
| Financing Cash Flow | $439.7M+78.5% | $246.3M+7.0% | $230.1M+236.7% | -$168.4M+56.3% | -$385.6M-128.7% | $1.3B+330.2% | $312.6M-28.6% | $437.8M |
| Dividends Paid | N/A | N/A | N/A | N/A | $0 | $0 | $0 | $0 |
| Share Buybacks | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
LC Financial Ratios
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Operating Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Margin | 15.6%-1.0pp | 16.6%+1.3pp | 15.4%+10.0pp | 5.4%+0.9pp | 4.5%-2.7pp | 7.2%-0.8pp | 8.0%+1.2pp | 6.8% |
| Return on Equity | 2.8%-0.3pp | 3.0%+0.3pp | 2.7%+1.9pp | 0.9%+0.1pp | 0.7%-0.4pp | 1.1%-0.1pp | 1.2%+0.2pp | 1.0% |
| Return on Assets | 0.4%-0.0pp | 0.4%+0.1pp | 0.4%+0.2pp | 0.1%+0.0pp | 0.1%-0.0pp | 0.1%-0.0pp | 0.2%+0.0pp | 0.1% |
| Current Ratio | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Debt-to-Equity | 0.000.0 | 0.000.0 | 0.000.0 | 0.000.0 | 0.00-7.2 | 7.22+0.8 | 6.44+0.1 | 6.30 |
| FCF Margin | -345.0%-47.6pp | -297.4%+26.1pp | -323.5%-161.7pp | -161.8%-68.6pp | -93.3%+244.7pp | -338.0%+166.9pp | -504.9%-29.8pp | -475.0% |
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Frequently Asked Questions
What is LendingClub Corp's annual revenue?
LendingClub Corp (LC) reported $998.8M in total revenue for fiscal year 2025. This represents a 26.9% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is LendingClub Corp's revenue growing?
LendingClub Corp (LC) revenue grew by 26.9% year-over-year, from $787.0M to $998.8M in fiscal year 2025.
Is LendingClub Corp profitable?
Yes, LendingClub Corp (LC) reported a net income of $135.7M in fiscal year 2025, with a net profit margin of 13.6%.
What is LendingClub Corp's earnings per share (EPS)?
LendingClub Corp (LC) reported diluted earnings per share of $1.16 for fiscal year 2025. This represents a 157.8% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.
How much debt does LendingClub Corp have?
As of fiscal year 2025, LendingClub Corp (LC) had $930.4M in cash and equivalents against $0 in long-term debt.
What is LendingClub Corp's net profit margin?
LendingClub Corp (LC) had a net profit margin of 13.6% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is LendingClub Corp's return on equity (ROE)?
LendingClub Corp (LC) has a return on equity of 9.0% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is LendingClub Corp's free cash flow?
LendingClub Corp (LC) generated -$2.9B in free cash flow during fiscal year 2025. This represents a -6.7% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is LendingClub Corp's operating cash flow?
LendingClub Corp (LC) generated -$2.7B in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are LendingClub Corp's total assets?
LendingClub Corp (LC) had $11.6B in total assets as of fiscal year 2025, including both current and long-term assets.
What are LendingClub Corp's capital expenditures?
LendingClub Corp (LC) invested $140.3M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
How many shares does LendingClub Corp have outstanding?
LendingClub Corp (LC) had 115M shares outstanding as of fiscal year 2025.
What is LendingClub Corp's debt-to-equity ratio?
LendingClub Corp (LC) had a debt-to-equity ratio of 0.00 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is LendingClub Corp's return on assets (ROA)?
LendingClub Corp (LC) had a return on assets of 1.2% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is LendingClub Corp's cash runway?
Based on fiscal year 2025 data, LendingClub Corp (LC) had $930.4M in cash against an annual operating cash burn of $2.7B. This gives an estimated cash runway of approximately 4 months at the current burn rate. Cash runway measures how long a company can continue operating before running out of cash, assuming no additional funding.
What is LendingClub Corp's Piotroski F-Score?
LendingClub Corp (LC) has a Piotroski F-Score of 3 out of 9, indicating weak financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are LendingClub Corp's earnings high quality?
LendingClub Corp (LC) has an earnings quality ratio of -20.10x, considered low quality (accrual-driven). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
How financially healthy is LendingClub Corp?
LendingClub Corp (LC) scores 59 out of 100 on our Financial Profile, indicating moderate overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.