TREE revenue +25% on Insurance surge; margins compress as ad costs stay elevated

Filed July 31, 2026 · Period ending June 30, 2026 · Compared to 10-Q Aug 1, 2025 · ~1 min read

Key Changes

• high

  Insurance revenue jumped 42% YoY to $209M, driven by 22% volume growth and 16% higher revenue per consumer, but segment margin compressed to 24% from 27% as competitive customer acquisition kept media costs elevated through Q2.

  MD&A: Insurance segment verify on EDGAR →
• high

  Mantha TCPA class action settlement finalized and fully paid; litigation accrual dropped from $19.1M to $0.9M as all three installments completed by Q2 2026.

  Legal Proceedings & Notes verify on EDGAR →
• high

  Home segment revenue growth decelerated to 9% (from 26% prior year) and segment profit fell 14% to $11.3M as margin compressed to 26% from 32%, pressured by direct-to-consumer lenders expanding their own marketing.

  MD&A: Home segment verify on EDGAR →