LendingTree, Inc. (TREE) Q2 2025 Earnings Call Transcript

LendingTree, Inc. (NASDAQ:TREE) Q2 2025 Earnings Conference Call July 31, 2025 5:00 PM ET

Company Participants

Andrew N. Wessel - Corporate Participant
SVP of Investor Relations & Corporate Development - Corporate Participant
Douglas R. Lebda - Founder, Chairman & CEO
Jason Bengel - CFO & Treasurer
Scott Peyree - COO & President of Marketplace Businesses

Conference Call Participants

Jed Kelly - Oppenheimer & Co. Inc., Research Division
Lucas John Horton - Northland Capital Markets, Research Division
Ryan John Tomasello - Keefe, Bruyette, & Woods, Inc., Research Division

Operator

Good day, and thank you for standing by. Welcome to the LendingTree, Inc. Second Quarter 2025 Earnings Conference Call. [Operator Instructions] Please be advised that today's conference is being recorded. I would now like to hand the conference over to your speaker today, Andrew Wessel, Senior Vice President of Investor Relations and Corporate Development. Please go ahead.

Andrew N. Wessel

SVP of Investor Relations & Corporate Development

Thank you, Didi, and hello to everyone joining us on the call to discuss LendingTree's Second Quarter 2025 Financial Results. On with us today are Doug Lebda, LendingTree's Chairman and CEO; Scott Peyree, COO and President of Marketplace; and Jason Bengel, CFO. As a reminder to everyone, last week, we preannounced a summary of our quarterly results and our initial financial outlook for the third quarter and updated our 2025 outlook.

This evening, we posted a detailed letter to shareholders on our Investor Relations website. And for the purposes of today's discussion, we will assume that listeners have read that letter and we'll focus on Q&A. Before I hand the call over to Doug for his remarks, I remind everyone that during this call, we may discuss LendingTree's expectations for future performance.

Any forward-looking statements that we make are subject to risks and uncertainties, and LendingTree's