Estados financieros detallados de LendingClub Corporation (LC): cuenta de resultados, balance general y flujo de caja. Sigue la evolución de márgenes, deuda, liquidez y rentabilidad año a año con hasta 20 años de histórico.
Resumen del Análisis
LendingClub Corporation registró ingresos de $1.33B en el último ejercicio fiscal, con un CAGR de 5 años del 24.0%.
Márgenes de los últimos 12 meses: margen bruto 68.6%, margen operativo 21.6%, margen neto 15.9%.
Cuenta de Resultados (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Ingresos | $1.11B | $1.06B | $981.0M | $979.2M | $455.2M | $898.6M | $1.27B | $1.14B | $1.16B | $1.33B |
| Coste de Ventas | $688.4M | $571.4M | $385.6M | $247.3M | $153.7M | $218.8M | $349.8M | $514.4M | $552.2M | $471.0M |
| Beneficio Bruto | $426.1M | $487.6M | $595.4M | $731.9M | $301.5M | $679.8M | $919.9M | $621.1M | $608.7M | $863.8M |
| I+D | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Generales y Administrativos | $423.8M | $421.5M | $497.2M | $569.0M | $304.0M | $444.5M | $537.1M | $355.8M | $332.6M | $391.1M |
| Gastos Operativos | $576.2M | $641.1M | $723.5M | $762.8M | $489.1M | $661.4M | $766.9M | $566.4M | $543.7M | $530.1M |
| Beneficio Operativo | -$150.2M | -$153.4M | -$128.1M | -$30.9M | -$187.6M | $18.4M | $153.0M | $54.6M | $65.1M | $333.7M |
| EBITDA | -$120.3M | -$107.2M | -$73.3M | $31.3M | -$133.6M | $62.7M | $196.9M | $101.8M | $118.4M | $369.9M |
| Gastos por Intereses | $688.4M | $571.4M | $385.6M | $247.3M | $150.4M | $80.0M | $82.5M | $270.8M | $373.9M | $335.9M |
| Beneficio Antes de Impuestos | -$150.2M | -$153.4M | -$128.1M | -$30.9M | -$187.6M | $18.4M | $153.0M | $54.6M | $65.1M | $176.9M |
| Impuestos | -$4.2M | $632000 | $43000 | -$201000 | -$79000 | -$136000 | -$136.6M | $15.7M | $13.7M | $41.3M |
| Beneficio Neto | -$146.0M | -$153.8M | -$128.3M | -$30.7M | -$187.5M | $18.6M | $289.7M | $38.9M | $51.3M | $135.7M |
| BPA | $-1.88 | $-1.88 | $-1.52 | $-0.35 | $-2.07 | $0.19 | $2.80 | $0.36 | $0.46 | $1.18 |
| BPA Diluido | $-1.88 | $-1.88 | $-1.52 | $-0.35 | $-2.07 | $0.18 | $2.79 | $0.36 | $0.45 | $1.15 |
| Acciones en Circulación (Diluidas) | $77.6M | $81.8M | $84.6M | $87.3M | $90.4M | $102.1M | $104.0M | $108.5M | $113.1M | $118.9M |
Cuenta de Resultados (Trimestral)
| Año | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Ingresos | $349.6M | $354.0M | $261.2M | $268.9M |
| Beneficio Bruto | $220.0M | $266.5M | $176.2M | $183.7M |
| Beneficio Operativo | $57.2M | $97.2M | -$8.7M | $121.2M |
| EBITDA | $74.1M | $113.8M | $7.1M | $58.8M |
| Beneficio Neto | $44.3M | $41.6M | $51.6M | $58.1M |
| BPA | $0.39 | $0.36 | $0.45 | $0.50 |
| BPA Diluido | $0.37 | $0.35 | $0.44 | $0.50 |
Balance (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Caja y Equivalentes | $515.6M | $401.7M | $373.0M | $243.8M | $525.0M | $687.1M | $1.06B | $1.25B | $954.1M | $917.7M |
| Inversiones a Corto | $287.1M | $117.6M | $170.5M | $270.9M | $142.2M | $263.5M | $345.7M | $1.62B | $3.45B | $3.71B |
| Cuentas por Cobrar | $57.7M | $111.9M | $41.6M | $31.9M | $15.4M | $149.2M | $191.2M | $35.8M | $40.4M | $43.9M |
| Inventario | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Activos Corrientes | $877.4M | $654.7M | $610.6M | $561.4M | $699.1M | $1.10B | $1.59B | $2.95B | $4.47B | $974.4M |
| Inmovilizado Material | $89.3M | $101.9M | $113.9M | $207.9M | $170.7M | $175.3M | $200.3M | $188.1M | $188.8M | $267.0M |
| Fondo de Comercio | $35.6M | $35.6M | 0 | 0 | 0 | $75.7M | $75.7M | $75.7M | $75.7M | $75.7M |
| Activos Intangibles | $26.2M | $21.9M | $18.0M | $14.5M | $67.8M | $91.6M | $16.3M | $12.1M | $8.6M | $7.4M |
| Activos Totales | $5.56B | $4.64B | $3.82B | $2.98B | $1.86B | $4.90B | $7.98B | $8.83B | $10.63B | $11.57B |
| Cuentas por Pagar | $54.5M | $42.4M | $26.3M | $20.1M | $46.9M | $101.0M | $98.2M | $54.6M | $78.1M | $87.3M |
| Deuda a Corto | 0 | $64.2M | $917.6M | $1.17B | $105.0M | $27.8M | $2.6M | 0 | 0 | 0 |
| Pasivos Corrientes | $74.2M | $127.9M | $986.5M | $1.23B | $166.3M | $3.26B | $6.49B | $7.42B | $9.17B | $9.93B |
| Deuda a Largo | $4.32B | $3.27B | $2.16B | $1.12B | $789.6M | $310.6M | $130.3M | $19.4M | 0 | $60.3M |
| Pasivos Totales | $4.59B | $3.71B | $2.95B | $2.08B | $1.14B | $4.05B | $6.82B | $7.58B | $9.29B | $10.07B |
| Reservas | -$234.2M | -$389.4M | -$517.7M | -$548.5M | -$786.2M | -$717.4M | -$427.7M | -$388.8M | -$337.5M | -$201.8M |
| Patrimonio Neto | $975.8M | $922.5M | $869.2M | $900.2M | $724.2M | $850.2M | $1.16B | $1.25B | $1.34B | $1.50B |
| Deuda Total | $4.32B | $3.33B | $3.08B | $2.41B | $989.1M | $430.0M | $210.2M | $57.2M | $28.5M | $15.8M |
| Deuda Neta | $3.52B | $2.81B | $2.54B | $1.89B | $321.9M | -$520.7M | -$1.19B | -$2.82B | -$4.38B | -$901.8M |
| Capital Circulante | $803.2M | $526.8M | -$375.8M | -$670.4M | $532.8M | -$2.16B | -$4.90B | -$4.47B | -$4.70B | -$8.96B |
Balance (Trimestral)
| Año | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Caja y Equivalentes | $827.4M | $917.7M | $801.9M | $12.0M |
| Activos Totales | $11.07B | $11.57B | $11.94B | $12.55B |
| Pasivos Totales | $9.61B | $10.07B | $10.42B | $10.98B |
| Patrimonio Neto | $1.46B | $1.50B | $1.52B | $1.57B |
| Deuda Total | $19.1M | $15.8M | $59.7M | 0 |
Flujo de Caja (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Beneficio Neto | -$146.0M | -$154.0M | -$128.2M | -$30.7M | -$187.5M | $18.6M | $289.7M | $38.9M | $51.3M | $135.7M |
| Amortizaciones | $29.9M | $46.2M | $54.8M | $62.2M | $54.0M | $44.3M | $43.8M | $47.2M | $53.3M | $62.9M |
| Compensación en Acciones | $69.2M | $71.0M | $75.1M | $73.6M | $61.5M | $66.8M | $66.4M | $52.4M | $40.1M | $34.3M |
| Cambio en Capital Circulante | $24.0M | $82.0M | -$61.7M | -$76.1M | -$96.5M | $16.6M | -$37.6M | -$32.9M | $16.0M | $33.3M |
| Flujo de Caja Operativo | $545000 | -$573.4M | -$639.7M | -$270.6M | $418.0M | $239.9M | $375.6M | -$1.14B | -$2.63B | -$2.73B |
| Inversiones (CapEx) | -$51.8M | -$44.6M | -$53.0M | -$50.7M | -$31.1M | -$34.4M | -$69.5M | -$59.5M | -$54.3M | -$140.3M |
| Adquisiciones | 0 | 0 | 0 | 0 | $418.6M | $522.9M | 0 | 0 | 0 | 0 |
| Recompra de Acciones | -$19.5M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividendos Pagados | 0 | 0 | 0 | 0 | -$50.2M | 0 | 0 | 0 | 0 | 0 |
| Flujo de Caja Libre | -$51.3M | -$618.0M | -$692.7M | -$321.3M | $386.9M | $205.5M | $306.1M | -$1.20B | -$2.69B | -$2.87B |
Flujo de Caja (Trimestral)
| Año | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Flujo de Caja Operativo | -$770.8M | -$903.8M | -$619.0M | -$572.9M |
| Inversiones (CapEx) | -$21.0M | -$15.6M | -$25.8M | -$28.0M |
| Flujo de Caja Libre | -$791.8M | -$919.3M | -$644.8M | -$600.9M |
| Dividendos Pagados | 0 | 0 | 0 | 0 |
| Compensación en Acciones | $8.5M | $8.2M | $7.6M | $7.0M |
Crecimiento y Márgenes (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Crecimiento Ingresos (anual) | | -5.0% | -7.4% | -0.2% | -53.5% | +97.4% | +41.3% | -10.6% | +2.2% | +15.0% |
| Crecimiento Beneficio Neto (anual) | | -5.4% | +16.6% | +76.0% | -510.0% | +109.9% | +1459.1% | -86.6% | +31.8% | +164.3% |
| Crecimiento BPA (anual) | | +0.0% | +19.1% | +77.0% | -491.4% | +109.2% | +1373.7% | -87.1% | +27.8% | +156.5% |
| Cambio en Acciones (anual) | | +5.5% | +3.4% | +3.2% | +3.6% | +12.9% | +1.8% | +4.3% | +4.3% | +5.1% |
| Crecimiento FCF (anual) | | -1104.8% | -12.1% | +53.6% | +220.4% | -46.9% | +49.0% | -490.8% | -124.8% | -6.7% |
| Margen Bruto | 38.2% | 46.0% | 60.7% | 74.7% | 66.2% | 75.7% | 72.4% | 54.7% | 52.4% | 64.7% |
| Margen Operativo | -13.5% | -14.5% | -13.1% | -3.2% | -41.2% | 2.1% | 12.1% | 4.8% | 5.6% | 25.0% |
| Margen EBITDA | -10.8% | -10.1% | -7.5% | 3.2% | -29.3% | 7.0% | 15.5% | 9.0% | 10.2% | 27.7% |
| Margen Neto | -13.1% | -14.5% | -13.1% | -3.1% | -41.2% | 2.1% | 22.8% | 3.4% | 4.4% | 10.2% |
| Margen FCF | -4.6% | -58.4% | -70.6% | -32.8% | 85.0% | 22.9% | 24.1% | -105.3% | -231.6% | -214.8% |
| Tasa Impositiva Efectiva | 2.8% | -0.4% | -0.0% | 0.7% | 0.0% | -0.7% | -89.3% | 28.7% | 21.1% | 23.3% |
Datos por Acción (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| FCF por Acción | $-0.66 | $-7.56 | $-8.19 | $-3.68 | $4.28 | $2.01 | $2.94 | $-11.03 | $-23.77 | $-24.12 |
| Dividendo por Acción | $0.00 | $0.00 | $0.00 | $0.00 | $0.56 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Acciones en Circulación (Básicas) | $77.6M | $81.8M | $84.6M | $87.3M | $90.4M | $98.1M | $103.5M | $108.5M | $111.7M | $115.3M |
Qué mirar en Servicios Financieros
Asset managers, brokers, fintech, bolsas. No son bancos — mira AUM, comisiones y calidad del FCF.
- Crecimiento ingresos 5y — Sin crecimiento, no hay creación de valor a largo plazo
- Margen operativo — Los buenos asset managers tienen márgenes >30% por escalabilidad
- ROE — Servicios financieros de calidad tienen ROE >15% consistente
- FCF / Net Income — Calidad del beneficio — >90% esperado en negocios ligeros en capital
- Debt / Equity — Fintech y brokers con D/E alto son bombas de relojería en crisis
- P/E vs 5y propio — Asset managers tienen múltiplos estables en rangos conocidos
- Dividend yield + buybacks — Estos negocios devuelven mucho capital — mirar yield total (div + recompras)
Rentabilidad
| Margen bruto | 68.60% |
| Margen operativo | 21.63% |
| Margen neto | 15.85% |
Salud financiera
| Deuda / Patrimonio | 0.00 |
| Ratio corriente | 0.00 |
Ratios Clave (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| P/E | -13.96 | -10.98 | -8.65 | -36.06 | -5.10 | 127.26 | 3.14 | 24.28 | 35.20 | 16.05 |
| P/VC | 2.09 | 1.83 | 1.28 | 1.22 | 1.32 | 2.79 | 0.78 | 0.76 | 1.35 | 1.46 |
| P/V | 1.83 | 1.59 | 1.13 | 1.12 | 2.10 | 2.64 | 0.72 | 0.83 | 1.56 | 1.64 |
| Margen Bruto | 38.2% | 46.0% | 60.7% | 74.7% | 66.2% | 75.7% | 72.4% | 54.7% | 52.4% | 64.7% |
| Margen Operativo | -13.5% | -14.5% | -13.1% | -3.2% | -41.2% | 2.1% | 12.1% | 4.8% | 5.6% | 25.0% |
| Margen Neto | -13.1% | -14.5% | -13.1% | -3.1% | -41.2% | 2.1% | 22.8% | 3.4% | 4.4% | 10.2% |