LendingClub Corporation
LCFinancial Statements
Income Statement (Annual)
Amounts in millions
2024
12/31/2024
Revenue
1,161
Cost of Revenue
552
Gross Profit
609
Gross Margin
52.4%
Operating Income
65
Operating Margin
5.6%
Net Income
51
Net Margin
4.4%
EPS (Basic)
$0.46
EPS (Diluted)
$0.45
EBITDA
118
EBITDA Margin
10.2%
2023
12/31/2023
Revenue
1,135
Cost of Revenue
514
Gross Profit
621
Gross Margin
54.7%
Operating Income
55
Operating Margin
4.8%
Net Income
39
Net Margin
3.4%
EPS (Basic)
$0.36
EPS (Diluted)
$0.36
EBITDA
102
EBITDA Margin
9.0%
2022
12/31/2022
Revenue
1,270
Cost of Revenue
350
Gross Profit
920
Gross Margin
72.4%
Operating Income
153
Operating Margin
12.1%
Net Income
290
Net Margin
22.8%
EPS (Basic)
$2.80
EPS (Diluted)
$2.79
EBITDA
197
EBITDA Margin
15.5%
2021
12/31/2021
Revenue
899
Cost of Revenue
219
Gross Profit
680
Gross Margin
75.7%
Operating Income
18
Operating Margin
2.1%
Net Income
19
Net Margin
2.1%
EPS (Basic)
$0.19
EPS (Diluted)
$0.18
EBITDA
63
EBITDA Margin
7.0%
2020
12/31/2020
Revenue
455
Cost of Revenue
154
Gross Profit
301
Gross Margin
66.2%
Operating Income
-188
Operating Margin
-41.2%
Net Income
-188
Net Margin
-41.2%
EPS (Basic)
$-2.07
EPS (Diluted)
$-2.07
EBITDA
-134
EBITDA Margin
-29.3%