10x Insights
Loading account…
Companies / Financials / Happen, Inc.
HAPN

Happen, Inc.

FinancialsBanks & Brokers
Ticker HAPNSAN FRANCISCO, CAFiscal year ends DecemberBook value per share $13.57Diluted shares 117.4M

LendingClub Corporation operates a nationally chartered digital bank and online lending marketplace serving U.S. consumers and small businesses. Its products include unsecured personal loans, financing for major purchases such as healthcare, auto refinancing, small-business loans, checking and savings accounts, and… From the company’s description.

Over the twelve months to Sep 30, 2026, Happen, Inc. reported revenue of $1.04B, up 10.0% from a year earlier, and net income of $210.58M. Its pre-tax margin was 25.8%. In fiscal 2025, it reported revenue of $998.85M, up 26.9% from fiscal 2024, and net income of $135.68M.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-09-30
Sales & profitability
$998.85MFY2025
+26.9% year over year
Last 12 mo $1.04B
17.72%FY2025
+9.4 percentage points
Last 12 mo 25.82%
$135.68MFY2025
+164.3% year over year
Last 12 mo $210.58M
9.04%FY2025
+5.2 percentage points
Last 12 mo 13.22%
Cash & financing
$-2.73BFY2025
−3.5% year over year
Last 12 mo $-2.79B
$-2.87BFY2025
−6.7% year over year
Last 12 mo $-2.87B
6.55FY2025
Was 6.76× a year earlier
Last 12 mo 7.21
117.2MFY2025
+3.6% year over year
Last 12 mo 117.4M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Happen, Inc. does

In the company’s own words

LendingClub Corporation operates a nationally chartered digital bank and online lending marketplace serving U.S. consumers and small businesses. Its products include unsecured personal loans, financing for major purchases such as healthcare, auto refinancing, small-business loans, checking and savings accounts, and certificates of deposit. The company originates loans through its digital platform, retains some on its bank balance sheet, and sells others to investors including asset managers, financial institutions, and insurance companies. Its branchless platform also provides members with mobile banking and tools for managing debt, spending, and savings. LendingClub reports one operating segment, and its business combines marketplace fees from loan origination and servicing with net interest income from loans and investments it retains. Since its founding in 2006, more than five million people have become members and over $100 billion in loans have been originated through its platform. The company’s banking subsidiary, LendingClub Bank, became part of its business as it developed its digital marketplace bank model. Its website is https://www.lendingclub.com.

Company details
Sector
Financials
Industry (SIC)
Banks & Brokers
Headquarters
SAN FRANCISCO, CA
Fiscal year end
December
CIK
1409970
SIC
6141

Financial performance, year by year

Fiscal 2011–2025 · USD
$-279.29M$120.67M$520.62M$920.58M$1.32B20112013201420152016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Happen, Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

248
funds hold it
0 of 35
superinvestors hold it
$789.90M
held by funds, at market
35.8%
of shares held by funds

Largest fund holders · Happen, Inc.’s weight in each

VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
iShares Russell 2000 ETF
IWM · iShares Trust
0.07%of fund net assets
VANGUARD SMALL-CAP INDEX FUND
VB · VANGUARD INDEX FUNDS
0.03%of fund net assets
Avantis U.S. Small Cap Value ETF
AVUV · American Century ETF Trust
—of fund net assets
VANGUARD STRATEGIC EQUITY FUND
VSEQX · VANGUARD HORIZON FUNDS
0.32%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

Compare this company with peers, find it in your funds and follow its financial history with your connected AI:

  • “How do Happen, Inc. and its peers compare on margins and cash generation over ten years?”
  • “Where did five years of Happen, Inc.'s earnings go — cash, debt, buybacks, reinvestment?”
  • “What changed in Happen, Inc.'s last four quarterly filings that the numbers alone won't show?”
See how it works →All research tools with a subscription. Use your own AI account.