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SEGMENT INFORMATION
 3 Months Ended
Mar. 31, 2025
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, student loans, auto loans, deposit accounts, and other credit products. The Company ceased offering its student loan product in the first quarter of 2025. The Insurance segment consists of insurance quote products and sales of insurance policies in the agency businesses.
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, 2025
HomeConsumerInsuranceOtherTotal
(in thousands)
Revenue$37,019 $56,033 $146,652 $24 $239,728 
Segment marketing expense23,873 28,896 107,942 36 160,747 
Segment profit (loss)13,146 27,137 38,710 (12)78,981 
Cost of revenue9,908 
Brand and other marketing expense12,004 
General and administrative expense30,660 
Product development11,904 
Depreciation4,297 
Amortization of intangibles1,307 
Restructuring and severance798 
Litigation settlements and contingencies15,212 
Operating loss(7,109)
Interest expense, net(9,084)
Other income1,388 
Loss before income taxes$(14,805)
Three Months Ended March 31, 2024
HomeConsumerInsuranceOtherTotal
(in thousands)
Revenue$30,443 $51,451 $85,872 $2 $167,768 
Segment marketing expense20,833 24,011 52,423 (21)97,246 
Segment profit9,610 27,440 33,449 23 70,522 
Cost of revenue8,545 
Brand and other marketing expense10,930 
General and administrative expense25,796 
Product development11,857 
Depreciation4,667 
Amortization of intangibles1,489 
Restructuring and severance23 
Litigation settlements and contingencies36 
Operating income7,179 
Interest expense, net(6,638)
Other income1,034 
Income before income taxes$1,575 
The CODM does not review information on segment assets and as such, no segment asset information is reported herein.