SEGMENT INFORMATION

3 Months Ended

Mar. 31, 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 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 March 31, 2026
	Home		Consumer		Insurance		Other		Total
	(in thousands)
Revenue	$	39,068	$	66,333	$	221,859	$	7	$	327,267
Segment marketing expense	29,106		33,400		163,927		77		226,510
Segment profit (loss)	9,962		32,933		57,932		(70)		100,757
Cost of revenue									11,696
Brand and other marketing expense									12,058
General and administrative expense									27,990
Product development									11,467
Depreciation									4,185
Amortization of intangibles									1,288
Restructuring and severance									939
Litigation settlements and contingencies									20
Operating income									31,114
Interest expense, net									(8,566)
Other income									369
Income before income taxes									$	22,917

	Three Months Ended March 31, 2025
	Home		Consumer		Insurance		Other		Total
	(in thousands)
Revenue	$	37,019	$	56,033	$	146,652	$	24	$	239,728
Segment marketing expense	23,873		28,896		107,942		36		160,747
Segment profit (loss)	13,146		27,137		38,710		(12)		78,981
Cost of revenue									9,908
Brand and other marketing expense									12,004
General and administrative expense									30,660
Product development									11,904
Depreciation									4,297
Amortization of intangibles									1,307
Restructuring and severance									798
Litigation settlements and contingencies									15,212
Operating loss									(7,109)
Interest expense, net									(9,084)
Other income									1,388
Loss before income taxes									$	(14,805)

The CODM does not review information on segment assets and as such, no segment asset information is reported herein.