Demonstrações financeiras detalhadas de LendingClub Corporation (LC): demonstração de resultados, balanço patrimonial e fluxo de caixa. Acompanhe a evolução de margens, dívida, liquidez e rentabilidade ano a ano com até 20 anos de histórico.
Resumo da Análise
LendingClub Corporation registou receitas de $1.33B no último exercício, com um CAGR de 5 anos de 24.0%.
Margens dos últimos 12 meses: margem bruta 68.6%, margem operacional 21.6%, margem líquida 15.9%.
Demonstração de Resultados (10 anos)
| Ano | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Receita | $1.11B | $1.06B | $981.0M | $979.2M | $455.2M | $898.6M | $1.27B | $1.14B | $1.16B | $1.33B |
| Custo da Receita | $688.4M | $571.4M | $385.6M | $247.3M | $153.7M | $218.8M | $349.8M | $514.4M | $552.2M | $471.0M |
| Lucro Bruto | $426.1M | $487.6M | $595.4M | $731.9M | $301.5M | $679.8M | $919.9M | $621.1M | $608.7M | $863.8M |
| P&D | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Despesas Gerais e Administrativas | $423.8M | $421.5M | $497.2M | $569.0M | $304.0M | $444.5M | $537.1M | $355.8M | $332.6M | $391.1M |
| Despesas Operacionais | $576.2M | $641.1M | $723.5M | $762.8M | $489.1M | $661.4M | $766.9M | $566.4M | $543.7M | $530.1M |
| Lucro Operacional | -$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 |
| Despesas com Juros | $688.4M | $571.4M | $385.6M | $247.3M | $150.4M | $80.0M | $82.5M | $270.8M | $373.9M | $335.9M |
| Lucro Antes de Impostos | -$150.2M | -$153.4M | -$128.1M | -$30.9M | -$187.6M | $18.4M | $153.0M | $54.6M | $65.1M | $176.9M |
| Imposto | -$4.2M | $632000 | $43000 | -$201000 | -$79000 | -$136000 | -$136.6M | $15.7M | $13.7M | $41.3M |
| Lucro Líquido | -$146.0M | -$153.8M | -$128.3M | -$30.7M | -$187.5M | $18.6M | $289.7M | $38.9M | $51.3M | $135.7M |
| LPA | $-1.88 | $-1.88 | $-1.52 | $-0.35 | $-2.07 | $0.19 | $2.80 | $0.36 | $0.46 | $1.18 |
| LPA Diluído | $-1.88 | $-1.88 | $-1.52 | $-0.35 | $-2.07 | $0.18 | $2.79 | $0.36 | $0.45 | $1.15 |
| Ações em Circulação (Diluídas) | $77.6M | $81.8M | $84.6M | $87.3M | $90.4M | $102.1M | $104.0M | $108.5M | $113.1M | $118.9M |
Demonstração de Resultados (Trimestral)
| Ano | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Receita | $349.6M | $354.0M | $261.2M | $268.9M |
| Lucro Bruto | $220.0M | $266.5M | $176.2M | $183.7M |
| Lucro Operacional | $57.2M | $97.2M | -$8.7M | $121.2M |
| EBITDA | $74.1M | $113.8M | $7.1M | $58.8M |
| Lucro Líquido | $44.3M | $41.6M | $51.6M | $58.1M |
| LPA | $0.39 | $0.36 | $0.45 | $0.50 |
| LPA Diluído | $0.37 | $0.35 | $0.44 | $0.50 |
Balanço (10 anos)
| Ano | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Caixa e Equivalentes | $515.6M | $401.7M | $373.0M | $243.8M | $525.0M | $687.1M | $1.06B | $1.25B | $954.1M | $917.7M |
| Investimentos de Curto Prazo | $287.1M | $117.6M | $170.5M | $270.9M | $142.2M | $263.5M | $345.7M | $1.62B | $3.45B | $3.71B |
| Contas a Receber | $57.7M | $111.9M | $41.6M | $31.9M | $15.4M | $149.2M | $191.2M | $35.8M | $40.4M | $43.9M |
| Estoque | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Ativos Circulantes | $877.4M | $654.7M | $610.6M | $561.4M | $699.1M | $1.10B | $1.59B | $2.95B | $4.47B | $974.4M |
| Imobilizado | $89.3M | $101.9M | $113.9M | $207.9M | $170.7M | $175.3M | $200.3M | $188.1M | $188.8M | $267.0M |
| Ágio | $35.6M | $35.6M | 0 | 0 | 0 | $75.7M | $75.7M | $75.7M | $75.7M | $75.7M |
| Ativos Intangíveis | $26.2M | $21.9M | $18.0M | $14.5M | $67.8M | $91.6M | $16.3M | $12.1M | $8.6M | $7.4M |
| Ativos Totais | $5.56B | $4.64B | $3.82B | $2.98B | $1.86B | $4.90B | $7.98B | $8.83B | $10.63B | $11.57B |
| Contas a Pagar | $54.5M | $42.4M | $26.3M | $20.1M | $46.9M | $101.0M | $98.2M | $54.6M | $78.1M | $87.3M |
| Dívida de Curto Prazo | 0 | $64.2M | $917.6M | $1.17B | $105.0M | $27.8M | $2.6M | 0 | 0 | 0 |
| Passivos Circulantes | $74.2M | $127.9M | $986.5M | $1.23B | $166.3M | $3.26B | $6.49B | $7.42B | $9.17B | $9.93B |
| Dívida de Longo Prazo | $4.32B | $3.27B | $2.16B | $1.12B | $789.6M | $310.6M | $130.3M | $19.4M | 0 | $60.3M |
| Passivos Totais | $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 |
| Patrimônio Líquido | $975.8M | $922.5M | $869.2M | $900.2M | $724.2M | $850.2M | $1.16B | $1.25B | $1.34B | $1.50B |
| Dívida Total | $4.32B | $3.33B | $3.08B | $2.41B | $989.1M | $430.0M | $210.2M | $57.2M | $28.5M | $15.8M |
| Dívida Líquida | $3.52B | $2.81B | $2.54B | $1.89B | $321.9M | -$520.7M | -$1.19B | -$2.82B | -$4.38B | -$901.8M |
| Capital de Giro | $803.2M | $526.8M | -$375.8M | -$670.4M | $532.8M | -$2.16B | -$4.90B | -$4.47B | -$4.70B | -$8.96B |
Balanço (Trimestral)
| Ano | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Caixa e Equivalentes | $827.4M | $917.7M | $801.9M | $12.0M |
| Ativos Totais | $11.07B | $11.57B | $11.94B | $12.55B |
| Passivos Totais | $9.61B | $10.07B | $10.42B | $10.98B |
| Patrimônio Líquido | $1.46B | $1.50B | $1.52B | $1.57B |
| Dívida Total | $19.1M | $15.8M | $59.7M | 0 |
Fluxo de Caixa (10 anos)
| Ano | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Lucro Líquido | -$146.0M | -$154.0M | -$128.2M | -$30.7M | -$187.5M | $18.6M | $289.7M | $38.9M | $51.3M | $135.7M |
| Depreciação e Amortização | $29.9M | $46.2M | $54.8M | $62.2M | $54.0M | $44.3M | $43.8M | $47.2M | $53.3M | $62.9M |
| Compensação em Ações | $69.2M | $71.0M | $75.1M | $73.6M | $61.5M | $66.8M | $66.4M | $52.4M | $40.1M | $34.3M |
| Variação Capital de Giro | $24.0M | $82.0M | -$61.7M | -$76.1M | -$96.5M | $16.6M | -$37.6M | -$32.9M | $16.0M | $33.3M |
| Fluxo de Caixa Operacional | $545000 | -$573.4M | -$639.7M | -$270.6M | $418.0M | $239.9M | $375.6M | -$1.14B | -$2.63B | -$2.73B |
| CapEx | -$51.8M | -$44.6M | -$53.0M | -$50.7M | -$31.1M | -$34.4M | -$69.5M | -$59.5M | -$54.3M | -$140.3M |
| Aquisições | 0 | 0 | 0 | 0 | $418.6M | $522.9M | 0 | 0 | 0 | 0 |
| Recompra de Ações | -$19.5M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividendos Pagos | 0 | 0 | 0 | 0 | -$50.2M | 0 | 0 | 0 | 0 | 0 |
| Fluxo de Caixa Livre | -$51.3M | -$618.0M | -$692.7M | -$321.3M | $386.9M | $205.5M | $306.1M | -$1.20B | -$2.69B | -$2.87B |
Fluxo de Caixa (Trimestral)
| Ano | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Fluxo de Caixa Operacional | -$770.8M | -$903.8M | -$619.0M | -$572.9M |
| CapEx | -$21.0M | -$15.6M | -$25.8M | -$28.0M |
| Fluxo de Caixa Livre | -$791.8M | -$919.3M | -$644.8M | -$600.9M |
| Dividendos Pagos | 0 | 0 | 0 | 0 |
| Compensação em Ações | $8.5M | $8.2M | $7.6M | $7.0M |
Crescimento e Margens (10 anos)
| Ano | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Crescimento Receita (anual) | | -5.0% | -7.4% | -0.2% | -53.5% | +97.4% | +41.3% | -10.6% | +2.2% | +15.0% |
| Crescimento Lucro Líquido (anual) | | -5.4% | +16.6% | +76.0% | -510.0% | +109.9% | +1459.1% | -86.6% | +31.8% | +164.3% |
| Crescimento LPA (anual) | | +0.0% | +19.1% | +77.0% | -491.4% | +109.2% | +1373.7% | -87.1% | +27.8% | +156.5% |
| Variação de Ações (anual) | | +5.5% | +3.4% | +3.2% | +3.6% | +12.9% | +1.8% | +4.3% | +4.3% | +5.1% |
| Crescimento FCF (anual) | | -1104.8% | -12.1% | +53.6% | +220.4% | -46.9% | +49.0% | -490.8% | -124.8% | -6.7% |
| Margem Bruta | 38.2% | 46.0% | 60.7% | 74.7% | 66.2% | 75.7% | 72.4% | 54.7% | 52.4% | 64.7% |
| Margem Operacional | -13.5% | -14.5% | -13.1% | -3.2% | -41.2% | 2.1% | 12.1% | 4.8% | 5.6% | 25.0% |
| Margem EBITDA | -10.8% | -10.1% | -7.5% | 3.2% | -29.3% | 7.0% | 15.5% | 9.0% | 10.2% | 27.7% |
| Margem Líquida | -13.1% | -14.5% | -13.1% | -3.1% | -41.2% | 2.1% | 22.8% | 3.4% | 4.4% | 10.2% |
| Margem FCF | -4.6% | -58.4% | -70.6% | -32.8% | 85.0% | 22.9% | 24.1% | -105.3% | -231.6% | -214.8% |
| Taxa Efetiva de Imposto | 2.8% | -0.4% | -0.0% | 0.7% | 0.0% | -0.7% | -89.3% | 28.7% | 21.1% | 23.3% |
Dados por Ação (10 anos)
| Ano | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| FCF por Ação | $-0.66 | $-7.56 | $-8.19 | $-3.68 | $4.28 | $2.01 | $2.94 | $-11.03 | $-23.77 | $-24.12 |
| Dividendo por Ação | $0.00 | $0.00 | $0.00 | $0.00 | $0.56 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Ações em Circulação (Básicas) | $77.6M | $81.8M | $84.6M | $87.3M | $90.4M | $98.1M | $103.5M | $108.5M | $111.7M | $115.3M |
O que olhar em Serviços Financeiros
Asset managers, brokers, fintech, bolsas. Não são bancos — olha AUM, comissões e qualidade do FCF.
- Crescimento receita 5 anos — Sem crescimento, não há criação de valor a longo prazo
- Margem operacional — Bons asset managers têm margens >30% pela escalabilidade
- ROE — Serviços financeiros de qualidade têm ROE >15% consistente
- FCF / Net Income — Qualidade do lucro — >90% esperado em negócios leves em capital
- Dívida / Equity — Fintech e brokers com D/E alto são bombas-relógio em crise
- P/E vs próprio 5 anos — Asset managers têm múltiplos estáveis em intervalos conhecidas
- Dividend yield + buybacks — Estes negócios devolvem muito capital — olhar yield total (div + recompras)
Rentabilidade
| Margem bruta | 68.60% |
| Margem operacional | 21.63% |
| Margem líquida | 15.85% |
Saúde financeira
| Dívida / Patrimônio | 0.00 |
| Liquidez corrente | 0.00 |
Índices Chave (10 anos)
| Ano | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| P/L | -13.96 | -10.98 | -8.65 | -36.06 | -5.10 | 127.26 | 3.14 | 24.28 | 35.20 | 16.05 |
| P/VP | 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 |
| Margem Bruta | 38.2% | 46.0% | 60.7% | 74.7% | 66.2% | 75.7% | 72.4% | 54.7% | 52.4% | 64.7% |
| Margem Operacional | -13.5% | -14.5% | -13.1% | -3.2% | -41.2% | 2.1% | 12.1% | 4.8% | 5.6% | 25.0% |
| Margem Líquida | -13.1% | -14.5% | -13.1% | -3.1% | -41.2% | 2.1% | 22.8% | 3.4% | 4.4% | 10.2% |