LendingClub (LC) Revenue & Revenue Breakdown

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LendingClub Revenue Highlights

Latest Revenue (Y)

$1.27B

Latest Revenue (Q)

$335.61M

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
2024-09-30	$335.61M	1.78%
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 $335.61M in revenue during Q3 2024, up 1.78% compared to the previous quarter, and up 145.92% 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	Sep 24	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
Servicing Fees	$8.08M	$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	$71.47M	$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
Bank Servicing	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$24.94M	$25.85M	$19.32M	$41.76M	$30.26M

LendingClub's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Financial Service (89.84%), and Servicing Fees (10.16%).

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	$4.19B
NAVI	Navient	$4.83B	$948.00M
WU	Western Union Company	$4.36B	$1.04B
BFH	Bread Financial	$4.29B	$1.28B
FCFS	FirstCash	$3.15B	$837.32M
SLM	SLM	$1.81B	$652.64M
GDOT	Green Dot	$1.50B	$409.74M
LC	LendingClub	$1.27B	$335.61M
OPRT	Oportun Financial	$1.06B	$249.95M
MFIN	Medallion Financial	$262.36M	$77.00M

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 Q3 2024 was $335.61M, a 1.78% increase from the previous quarter (Q2 2024), and a 69.57% increase year-over-year (Q3 2023). The company'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). LC'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).

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.