v3.26.1
SEGMENT INFORMATION
 6 Months Ended
Jun. 30, 2026
Segment Reporting [Abstract]  
SEGMENT INFORMATION SEGMENT INFORMATION
The Company manages its business and reports its financial results through the following three operating and reportable segments: Home, Consumer, and Insurance. Characteristics which were relied upon in making the determination of the reportable segments include the nature of the products, the organization's internal structure, and the information that is regularly reviewed by the chief operating decision maker (the "CODM"), the Company's Chief Executive Officer, for the purpose of assessing performance and allocating resources.
The Home segment includes the following products: purchase mortgage, refinance mortgage, and home equity loans and lines of credit. The Consumer segment includes the following products: credit cards, personal loans, small business loans, auto loans, deposit accounts, and other credit products. The Insurance segment consists of insurance quote products and sales of insurance policies in the agency businesses. The insurance agency business was closed in the second quarter of 2025.
The following tables are a reconciliation of segment profit, which is the Company's primary segment profitability measure, to income before income taxes. Segment marketing expense represents the portion of selling and marketing expense attributable to variable costs paid for advertising, direct marketing and related expenses, that are directly attributable to the segments' products. This measure excludes overhead, fixed costs and personnel-related expenses.
Three Months Ended June 30, 2026
HomeConsumerInsuranceOtherTotal
(in thousands)
Revenue$43,906 $60,260 $209,263 $(7)$313,422 
Segment marketing expense32,628 32,640 159,266 65 224,599 
Segment profit (loss)11,278 27,620 49,997 (72)88,823 
Cost of revenue11,269 
Brand and other marketing expense11,854 
General and administrative expense25,710 
Product development10,032 
Depreciation4,277 
Amortization of intangibles1,288 
Restructuring and severance1,839 
Litigation settlements and contingencies756 
Operating income21,798 
Interest expense, net(8,483)
Other income832 
Income before income taxes$14,147 
Three Months Ended June 30, 2025
HomeConsumerInsuranceOtherTotal
(in thousands)
Revenue$40,418 $62,519 $147,157 $22 $250,116 
Segment marketing expense27,362 30,449 107,161 34 165,006 
Segment profit (loss)13,056 32,070 39,996 (12)85,110 
Cost of revenue10,029 
Brand and other marketing expense11,747 
General and administrative expense25,034 
Product development11,473 
Depreciation4,241 
Amortization of intangibles1,307 
Restructuring and severance357 
Litigation settlements and contingencies(2)
Operating income20,924 
Interest expense, net(10,402)
Other income248 
Income before income taxes$10,770 
Six Months Ended June 30, 2026
HomeConsumerInsuranceOtherTotal
(in thousands)
Revenue$82,974 $126,593 $431,122 $— $640,689 
Segment marketing expense61,734 66,040 323,193 142 451,109 
Segment profit (loss)21,240 60,553 107,929 (142)189,580 
Cost of revenue22,965 
Brand and other marketing expense23,912 
General and administrative expense53,700 
Product development21,499 
Depreciation8,462 
Amortization of intangibles2,576 
Restructuring and severance2,778 
Litigation settlements and contingencies776 
Operating income52,912 
Interest expense, net(17,049)
Other income1,201 
Income before income taxes$37,064 
Six Months Ended June 30, 2025
HomeConsumerInsuranceOtherTotal
(in thousands)
Revenue$77,437 $118,552 $293,809 $46 $489,844 
Segment marketing expense51,235 59,345 215,103 70 325,753 
Segment profit (loss)26,202 59,207 78,706 (24)164,091 
Cost of revenue19,937 
Brand and other marketing expense23,751 
General and administrative expense55,694 
Product development23,377 
Depreciation8,538 
Amortization of intangibles2,614 
Restructuring and severance1,155 
Litigation settlements and contingencies15,210 
Operating income13,815 
Interest expense, net(19,486)
Other income1,636 
Loss before income taxes$(4,035)
The CODM does not review information on segment assets and as such, no segment asset information is reported herein.