Live Oak Bancshares financials
$36.64−0.35%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 | FY20 Dec 31 | FY19 Dec 31 | FY18 Dec 31 | FY17 Dec 31 | FY16 Dec 31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.04B | $925.0M | $792.3M | $682.5M | $521.4M | $389.1M | $298.8M | $259.3M | $276.2M | $147.6M |
| Gross profit | $577.8M | $488.6M | $449.3M | $565.5M | $457.0M | $295.4M | $210.9M | $204.7M | $250.8M | $133.0M |
| Gross margin | 55.7% | 52.8% | 56.7% | 82.9% | 87.6% | 75.9% | 70.6% | 78.9% | 90.8% | 90.1% |
| Operating income | $142.8M | $89.2M | $82.8M | $210.3M | $210.8M | $62.1M | $31.4M | $46.4M | $98.8M | $17.2M |
| Net income | $102.8M | $77.5M | $73.9M | $176.2M | $167.0M | $59.5M | $18.0M | $51.4M | $100.5M | $13.8M |
| Net margin | 9.9% | 8.4% | 9.3% | 25.8% | 32.0% | 15.3% | 6.0% | 19.8% | 36.4% | 9.3% |
| Diluted EPS | $2.23 | $1.69 | $1.64 | $3.92 | $3.71 | $1.43 | $0.44 | $1.24 | $2.65 | $0.39 |
| EBITDA | $143.6M | $89.8M | $97.5M | $210.3M | $210.8M | $62.1M | $31.4M | $49.1M | $102.4M | $17.2M |
| Operating cash flow | $158.2M | $156.8M | $184.9M | $124.5M | -$119.8M | -$261.0M | -$482.5M | $6.3M | -$288.5M | -$221.9M |
| Free cash flow | $147.8M | $152.1M | $156.7M | $80.7M | -$125.8M | -$282.0M | -$519.7M | -$104.2M | -$412.7M | -$232.8M |
| Diluted shares | 46.0M | 45.8M | 45.1M | 44.9M | 45.1M | 41.8M | 41.1M | 41.4M | 37.9M | 35.1M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $865.2M | $609.0M | $582.8M | $284.2M | $192.0M | $303.7M |
| Short-term investments | $1.43B | $1.25B | $1.13B | $1.15B | $922.6M | $771.3M |
| Total debt | $102.4M | $112.8M | $23.4M | $83.2M | $318.3M | $1.54B |
| Total assets | $15.13B | $12.94B | $11.27B | $9.86B | $8.21B | $7.87B |
| Total liabilities | $13.88B | $11.94B | $10.37B | $9.04B | $7.50B | $7.30B |
| Shareholders' equity | $1.25B | $1.00B | $902.7M | $811.0M | $715.1M | $567.9M |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology