LendingClub (LC) Revenue & Revenue Breakdown
LendingClub Revenue Highlights
Latest Revenue (Y)
$1.27B
Latest Revenue (Q)
$329.74M
Main Segment (Y)
Financial Service
LendingClub Revenue by Period
LendingClub Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $1.27B | 8.83% |
| 2022-12-31 | $1.17B | 45.38% |
| 2021-12-31 | $802.42M | 163.21% |
| 2020-12-31 | $304.86M | -58.35% |
| 2019-12-31 | $731.90M | 22.92% |
| 2018-12-31 | $595.44M | 22.10% |
| 2017-12-31 | $487.65M | 14.46% |
| 2016-12-31 | $426.05M | 15.58% |
| 2015-12-31 | $368.61M | 112.09% |
| 2014-12-31 | $173.80M | 117.19% |
| 2013-12-31 | $80.02M | 648.03% |
| 2012-03-31 | $10.70M | 365.13% |
| 2010-03-31 | $2.30M | -100.21% |
| 2009-03-31 | $-1.08B | - |
LendingClub generated $1.27B in revenue during NA 2023, up 8.83% compared to the previous quarter, and up 213.21% compared to the same period a year ago.
LendingClub Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-06-30 | $329.74M | 6.42% |
| 2024-03-31 | $309.84M | -2.05% |
| 2023-12-31 | $316.34M | 59.83% |
| 2023-09-30 | $197.92M | -13.94% |
| 2023-06-30 | $229.99M | -4.46% |
| 2023-03-31 | $240.73M | -6.64% |
| 2022-12-31 | $257.84M | -14.14% |
| 2022-09-30 | $300.30M | -7.42% |
| 2022-06-30 | $324.39M | 14.22% |
| 2022-03-31 | $284.01M | 10.16% |
| 2021-12-31 | $257.83M | 6.58% |
| 2021-09-30 | $241.90M | 20.86% |
| 2021-06-30 | $200.14M | 95.17% |
| 2021-03-31 | $102.55M | 73.40% |
| 2020-12-31 | $59.14M | -13.83% |
| 2020-09-30 | $68.63M | 79.68% |
| 2020-06-30 | $38.20M | -68.96% |
| 2020-03-31 | $123.07M | -25.99% |
| 2019-12-31 | $166.28M | -6.00% |
| 2019-09-30 | $176.90M | 6.65% |
| 2019-06-30 | $165.88M | 13.50% |
| 2019-03-31 | $146.15M | -6.21% |
| 2018-12-31 | $155.81M | -2.14% |
| 2018-09-30 | $159.21M | 5.17% |
| 2018-06-30 | $151.39M | 17.33% |
| 2018-03-31 | $129.02M | -2.70% |
| 2017-12-31 | $132.61M | -0.08% |
| 2017-09-30 | $132.71M | 12.18% |
| 2017-06-30 | $118.30M | 13.71% |
| 2017-03-31 | $104.03M | -7.30% |
| 2016-12-31 | $112.23M | 14.26% |
| 2016-09-30 | $98.22M | 19.05% |
| 2016-06-30 | $82.51M | -38.01% |
| 2016-03-31 | $133.10M | 11.17% |
| 2015-12-31 | $119.72M | 21.30% |
| 2015-09-30 | $98.70M | 20.92% |
| 2015-06-30 | $81.63M | 19.08% |
| 2015-03-31 | $68.55M | 22.48% |
| 2014-12-31 | $55.97M | 21.95% |
| 2014-09-30 | $45.90M | 15.73% |
| 2014-06-30 | $39.66M | 26.64% |
| 2014-03-31 | $31.32M | 14.61% |
| 2013-12-31 | $27.32M | 21.88% |
| 2013-09-30 | $22.42M | 7.58% |
| 2013-06-30 | $20.84M | 28.23% |
| 2013-03-31 | $16.25M | 2548.94% |
| 2012-03-31 | $613.49K | -99.99% |
| 2011-12-31 | $4.39B | -29.02% |
| 2011-09-30 | $6.19B | -1054627.43% |
| 2011-06-30 | $-587.00K | -100.18% |
| 2011-03-31 | $324.48M | -79.57% |
| 2010-12-31 | $1.59B | -38.79% |
| 2010-09-30 | $2.59B | 2626.21% |
| 2010-06-30 | $95.16M | 108.89% |
| 2010-03-31 | $45.55M | 233.10% |
| 2009-12-31 | $13.68M | 55.06% |
| 2009-09-30 | $8.82M | 12.36% |
| 2009-06-30 | $7.85M | 106.58% |
| 2009-03-31 | $3.80M | -99.44% |
| 2008-12-31 | $672.82M | - |
LendingClub generated $329.74M in revenue during Q2 2024, up 6.42% compared to the previous quarter, and up 136.98% compared to the same period a year ago.
LendingClub Revenue Breakdown
LendingClub Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 23 | Dec 22 | Dec 21 | Dec 20 | Dec 19 |
|---|---|---|---|---|---|
| Servicing Fees | $98.61M | $80.61M | $87.64M | - | - |
| Financial Service | $279.15M | $499.18M | $416.84M | $207.64M | $598.76M |
| Bank Servicing | - | - | - | $111.86M | $124.53M |
LendingClub's latest annual revenue breakdown by segment (product or service), as of Dec 23: Financial Service (73.90%), and Servicing Fees (26.10%).
Quarterly Revenue by Product
| Product/Service | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Servicing Fees | $19.87M | $19.59M | $17.45M | $32.77M | $22.02M | $26.38M | $20.17M | $23.76M | $18.17M | $18.51M | $20.94M | $20.82M | $22.71M | $23.17M | - | - | - | - | - | - |
| Financial Service | $77.13M | $70.08M | $76.70M | $60.91M | $70.99M | $70.54M | $100.69M | $127.14M | $149.25M | $122.09M | $118.35M | $129.13M | $113.80M | $55.56M | $43.15M | $24.37M | $3.87M | $136.24M | $149.95M | $161.21M |
| Bank Servicing | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $24.94M | $25.85M | $19.32M | $41.76M | $30.26M | $30.27M |
LendingClub's latest quarterly revenue breakdown by segment (product or service), as of Jun 24: Financial Service (79.52%), and Servicing Fees (20.48%).
LendingClub Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| IX | ORIX | $2.81T | $776.50B |
| DFS | Discover Financial Services | $20.61B | $5.99B |
| ALLY | Ally Financial | $9.07B | $4.04B |
| NAVI | Navient | $4.83B | $973.00M |
| WU | Western Union Company | $4.36B | $1.07B |
| BFH | Bread Financial | $4.29B | $1.23B |
| FCFS | FirstCash | $3.15B | $831.01M |
| SLM | SLM | $1.81B | $795.58M |
| GDOT | Green Dot | $1.50B | $407.12M |
| LC | LendingClub | $1.27B | $329.74M |
| OPRT | Oportun Financial | $1.06B | $250.40M |
| MFIN | Medallion Financial | $262.36M | $71.80M |
LC Revenue FAQ
What is LendingClub’s yearly revenue?
LendingClub's yearly revenue for 2023 was $1.27B, representing an increase of 8.83% compared to 2022. The company's yearly revenue for 2022 was $1.17B, representing an increase of 45.38% compared to 2021. LC's yearly revenue for 2021 was $802.42M, representing an increase of 163.21% compared to 2020.
What is LendingClub’s quarterly revenue?
LendingClub's quarterly revenue for Q2 2024 was $329.74M, a 6.42% increase from the previous quarter (Q1 2024), and a 43.37% increase year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $309.84M, a -2.05% decrease from the previous quarter (Q4 2023), and a 28.71% increase year-over-year (Q1 2023). LC's quarterly revenue for Q4 2023 was $316.34M, a 59.83% increase from the previous quarter (Q3 2023), and a 22.69% increase year-over-year (Q4 2022).
What is LendingClub’s revenue growth rate?
LendingClub's revenue growth rate for the last 3 years (2021-2023) was 58.21%, and for the last 5 years (2019-2023) was 73.46%.
What are LendingClub’s revenue streams?
LendingClub's revenue streams in c 23 are Servicing Fees, and Financial Service. Servicing Fees generated $98.61M in revenue, accounting 26.10% of the company's total revenue, up 22.33% year-over-year. Financial Service generated $279.15M in revenue, accounting 73.90% of the company's total revenue, down -44.08% year-over-year.
What is LendingClub’s main source of revenue?
For the fiscal year ending Dec 23, the largest source of revenue of LendingClub was Financial Service. This segment made a revenue of $279.15M, representing 73.90% of the company's total revenue.