LendingClub Corp

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Total Revenue $500.8m $574.5m $530.6m $604.2m $314.7m $212.8m $474.8m $561.8m $534.0m $625.7m
Operating Expenses $651.0m $728.0m $822.9m $789.5m $502.3m
Additional Financial Items
Amortization of Intangible Assets $4.8m $4.3m $3.9m $3.5m $3.1m $5.2m $4.8m $4.2m $3.5m $3.2m
Goodwill, Impairment Loss $37.0m $0 $35.6m $0 $0 $0 $0 $0
Interest Income, Operating $696.7m $611.3m $487.5m $345.3m $209.7m
Operating Lease, Lease Income $7.5m
Other Income $13.1m $15.8m
Other Interest and Dividend Income $1.2m $18.6m $65.9m $56.3m $31.9m
Preferred Stock Dividends, Income Statement Impact $0
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest ($153.2m) ($128.3m) ($30.9m) ($187.6m) $153.0m $54.6m $65.1m $176.9m
Net Income (Loss) Attributable to Parent ($146.0m) ($153.8m) ($128.3m) ($30.7m) ($187.5m) $18.6m $289.7m $38.9m $51.3m $135.7m
Net Income (Loss) Available to Common Stockholders, Basic ($146.0m) ($153.8m) ($128.3m) ($30.7m) ($187.5m) $18.6m $289.7m $38.9m $51.3m $135.7m
Net Income (Loss) Attributable to Noncontrolling Interest ($210k) $155k $55k $0 $0
Earnings Per Share, Basic ($0.38) ($0.38) ($0.30) ($0.35) ($1.24) $0.38 $2.80 $0.36 $0.46 $1.18
Earnings Per Share, Diluted ($0.38) ($0.38) ($0.30) ($0.35) ($1.24) $0.18 $2.79 $0.36 $0.45 $1.16
Weighted Average Number of Shares Outstanding, Basic 387.8m 409.0m 422.9m 87.3m 111.7m 114.6m
Weighted Average Number of Shares Outstanding, Diluted 387.8m 409.0m 422.9m 87.3m 102.1m 113.1m 117.2m
Cost, Depreciation and Amortization $44.3m $43.8m $47.2m $62.9m
Current Income Tax Expense (Benefit) ($782k) $632k $43k ($201k) ($79k) $3.5m $20.8m ($1.9m) $2.9m $3.8m
Equipment Expense $39.5m $49.2m $53.5m $51.2m $57.0m
General and Administrative Expense $207.2m $191.7m $228.6m $238.3m $213.0m
Interest Expense $688.4m $571.4m $385.6m $246.6m $141.5m $80.0m $82.5m $270.8m $373.9m $335.9m
Labor and Related Expense $288.4m $339.4m $261.9m $232.2m $241.8m
Other Expenses $45.0m $43.5m
Research and Development Expense $115.4m $142.3m $155.3m $168.4m $139.1m
Restructuring Costs $17.8m
Selling and Marketing Expense $216.7m $229.9m $268.5m $279.4m $79.1m
Share-based Payment Arrangement, Expensed and Capitalized, Amount $61.6m $47.1m $39.1m
Income Tax Expense (Benefit) ($4.2m) $632k $43k ($201k) ($79k) ($136k) ($136.6m) $15.7m $13.7m $41.3m
Interest Income (Expense), Net $8.3m $9.0m $1.2m ($46.2m) ($49.1m) $212.8m $474.8m $561.8m
Interest Revenue (Expense), Net $534.0m $625.7m
Other Operating Income (Expense), Net ($7.7m) $6.4m $5.8m $13.8m $13.4m