Income Statement - Live Oak Bancshares, Inc. (LOB)
$(Billion, Million)| Dec-25 | Dec-24 | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 | Dec-16 | Dec-15 | Dec-14 | Dec-13 | Dec-12 | Dec-11 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 1,041.25 | 929.29 | 776.55 | 508.83 | 506.41 | 378.31 | 289.51 | 253.33 | 203.25 | 144.79 | 112.95 | 81.18 | 60.58 | 54.16 | 40.87 |
| Cost of revenue | 538.25 | 532.68 | 394.29 | 157.92 | 79.64 | 134.34 | 103.11 | 60.16 | 34.97 | 27.16 | 12.67 | 8.65 | 3.66 | 5.74 | 5.59 |
| Gross profit | 503.00 | 396.61 | 382.26 | 350.92 | 426.78 | 243.97 | 186.40 | 193.17 | 168.27 | 117.63 | 100.29 | 72.53 | 56.92 | 48.42 | 35.28 |
| Total operating expenses | 342.02 | 307.38 | 299.43 | 140.59 | 215.99 | 196.58 | 162.94 | 147.12 | 70.02 | 100.42 | 65.89 | 55.10 | 28.97 | 33.62 | 20.97 |
| Operating income | 160.98 | 89.24 | 82.83 | 210.32 | 210.79 | 47.39 | 23.47 | 46.05 | 98.25 | 17.21 | 34.40 | 17.44 | 27.94 | 14.80 | 14.31 |
| Non-operating income (net) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Income before tax | 160.98 | 89.24 | 82.83 | 210.32 | 210.79 | 47.39 | 23.47 | 46.05 | 98.25 | 17.21 | 34.40 | 17.44 | 27.94 | 14.80 | 14.31 |
| Income tax expense | 57.35 | 11.82 | 8.93 | 34.12 | 43.79 | -12.15 | 5.43 | -5.40 | -2.25 | 3.44 | 13.80 | 7.39 | -0.12 | -1.30 | |
| Net income | 103.78 | 77.47 | 73.90 | 176.21 | 167.00 | 59.54 | 18.03 | 51.45 | 100.50 | 13.77 | 20.63 | 10.05 | 28.06 | 16.10 | 14.31 |
Show Quarterly Income Statement
Income Statement - Live Oak Bancshares, Inc. (LOB)
$(Billion, Million)| Mar-26 | Dec-25 | Sep-25 | Jun-25 | Mar-25 | Dec-24 | Sep-24 | Jun-24 | Mar-24 | Dec-23 | Sep-23 | Jun-23 | Mar-23 | Dec-22 | Sep-22 | Jun-22 | Mar-22 | Dec-21 | Sep-21 | Jun-21 | Mar-21 | Dec-20 | Sep-20 | Jun-20 | Mar-20 | Dec-19 | Sep-19 | Jun-19 | Mar-19 | Dec-18 | Sep-18 | Jun-18 | Mar-18 | Dec-17 | Sep-17 | Jun-17 | Mar-17 | Dec-16 | Sep-16 | Jun-16 | Mar-16 | Dec-15 | Sep-15 | Jun-15 | Mar-15 | Dec-14 | Sep-14 | Jun-14 | Mar-14 | Dec-13 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 259.94 | 289.44 | 258.40 | 257.07 | 236.34 | 239.92 | 238.27 | 230.55 | 220.56 | 198.08 | 216.04 | 192.48 | 169.95 | 145.40 | 133.33 | 105.65 | 124.46 | 119.58 | 115.76 | 157.08 | 113.99 | 99.41 | 120.68 | 88.98 | 69.24 | 82.72 | 75.37 | 69.21 | 63.61 | 61.34 | 64.84 | 70.85 | 64.45 | 55.90 | 51.63 | 50.03 | 45.17 | 39.22 | 40.19 | 32.13 | 33.25 | 33.13 | 26.12 | 25.58 | 26.79 | 22.14 | 22.00 | 21.22 | 17.41 | 59.56 |
| Cost of revenue | 134.56 | 120.21 | 138.19 | 138.32 | 141.54 | 148.68 | 146.44 | 118.89 | 118.67 | 105.96 | 101.48 | 98.44 | 88.42 | 70.38 | 46.12 | 24.58 | 16.84 | 18.48 | 19.37 | 24.38 | 17.40 | 29.37 | 33.99 | 35.88 | 35.10 | 30.01 | 27.54 | 24.62 | 22.35 | 22.78 | 13.92 | 16.02 | 14.94 | 11.62 | 9.57 | 7.51 | 6.28 | 8.37 | 7.74 | 6.94 | 4.12 | 3.78 | 3.60 | 2.30 | 2.99 | 3.22 | 1.94 | 1.81 | 1.68 | 3.66 |
| Gross profit | 125.37 | 169.23 | 120.21 | 118.75 | 94.80 | 91.24 | 91.84 | 111.65 | 101.88 | 92.13 | 114.56 | 94.04 | 81.53 | 75.02 | 87.21 | 81.07 | 107.62 | 101.10 | 96.39 | 132.70 | 96.58 | 70.04 | 86.70 | 53.10 | 34.13 | 52.71 | 47.83 | 44.60 | 41.27 | 38.56 | 50.92 | 54.83 | 49.51 | 44.29 | 42.06 | 42.52 | 38.89 | 30.85 | 32.45 | 25.19 | 29.13 | 29.36 | 22.52 | 23.28 | 23.80 | 18.92 | 20.06 | 19.41 | 15.74 | 55.89 |
| Total operating expenses | 85.29 | 89.15 | 83.64 | 87.55 | 81.67 | 78.01 | 74.00 | 75.59 | 79.78 | 74.65 | 71.80 | 75.07 | 77.92 | 74.30 | 42.82 | -41.25 | 64.73 | 53.32 | 53.16 | 56.53 | 52.98 | 58.00 | 41.21 | 47.85 | 49.51 | 43.79 | 41.57 | 39.00 | 38.58 | 31.08 | 39.86 | 40.09 | 36.74 | -29.05 | 34.26 | 32.32 | 31.98 | 28.36 | 26.41 | 24.51 | 21.14 | 20.12 | 17.39 | 16.58 | 10.47 | 15.06 | 13.44 | 12.75 | 15.44 | 0.00 |
| Operating income | 40.08 | 80.08 | 36.57 | 31.20 | 13.13 | 13.23 | 17.84 | 36.06 | 22.11 | 17.48 | 42.76 | 18.97 | 3.61 | 0.72 | 44.39 | 122.32 | 42.90 | 47.78 | 43.23 | 76.17 | 43.61 | 12.04 | 45.48 | 5.25 | -15.38 | 8.92 | 6.26 | 5.60 | 2.69 | 7.48 | 11.05 | 14.74 | 12.77 | 73.34 | 7.80 | 10.20 | 6.91 | 2.49 | 6.04 | 0.68 | 8.00 | 9.24 | 5.13 | 6.70 | 13.33 | 3.86 | 6.62 | 6.66 | 0.30 | 30.95 |
| Non-operating income (net) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -3.01 |
| Income before tax | 40.08 | 80.08 | 36.57 | 31.20 | 13.13 | 13.23 | 17.84 | 36.06 | 22.11 | 17.48 | 42.76 | 18.97 | 3.61 | 0.72 | 44.39 | 122.32 | 42.90 | 47.78 | 43.23 | 76.17 | 43.61 | 12.04 | 45.48 | 5.25 | -15.38 | 8.92 | 6.26 | 5.60 | 2.69 | 7.48 | 11.05 | 14.74 | 12.77 | 73.34 | 7.80 | 10.20 | 6.91 | 2.49 | 6.04 | 0.68 | 8.00 | 9.24 | 5.13 | 6.70 | 13.33 | 3.86 | 6.62 | 6.66 | 0.30 | 27.94 |
| Income tax expense | 10.13 | 35.96 | 10.11 | 7.82 | 3.46 | 3.39 | 4.82 | 9.10 | -5.48 | 1.32 | 2.97 | 1.43 | 3.22 | -1.08 | 1.53 | 25.28 | 8.39 | 17.63 | 9.39 | 12.59 | 4.18 | -17.55 | 11.70 | 1.47 | -7.78 | 2.09 | 2.37 | 0.66 | 0.32 | -3.01 | -3.20 | 0.49 | 0.32 | 1.61 | -5.06 | 0.41 | 0.80 | -2.99 | 2.56 | 0.56 | 3.31 | 3.52 | 2.23 | 2.77 | 5.28 | 1.41 | 5.98 | 0.00 | 0.00 | 0.00 |
| Net income | 30.04 | 44.12 | 26.52 | 23.43 | 9.72 | 9.90 | 13.03 | 26.96 | 27.59 | 16.16 | 39.79 | 17.54 | 0.40 | 1.79 | 42.87 | 97.04 | 34.51 | 30.15 | 33.84 | 63.58 | 39.43 | 29.59 | 33.78 | 3.78 | -7.60 | 6.83 | 3.90 | 4.94 | 2.37 | 10.49 | 14.25 | 14.25 | 12.45 | 71.73 | 12.86 | 9.80 | 6.11 | 5.48 | 3.48 | 0.12 | 4.69 | 5.72 | 2.90 | 3.94 | 8.07 | 2.45 | 0.64 | 6.66 | 0.30 | 28.06 |