loanDepot, Inc. LDI
We are a leading provider of lending solutions that make the American dream of homeownership more accessible and achievable for all, especially the increasingly diverse communities of first-time homebuyers, through a broad suite of lending and real estate services that simplify one of life's most complex transactions. We launched our business in 2010 to disrupt the legacy mortgage industry and make obtaining a mortgage a positive experience for consumers. Our goal is to be the lender of choice for consumers and the employer of choice by being a company that operates on sound principles of exceptional value, ethics, and transparency. We offer a wide variety of loan products and our in-house servicing platform complements our loan origination strategy. We were the fifth largest retail-focused non-bank mortgage originator and the ninth largest overall retail originator during 2025 (based on data, published by Inside Mortgage Finance on February 12, 2026).
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| SG&A | $177.1M | $204.2M | $212.7M | $265.7M | $215.0M | $171.7M | $100.5M | — |
| Total operating expenses | $1.31B | $1.30B | $1.25B | $1.95B | $3.06B | $2.30B | $1.30B | — |
| Interest expense | $175.2M | $188.6M | $174.1M | $124.1M | $218.5M | $131.4M | $130.3M | — |
| Pre-tax income | -$120.5M | -$242.8M | -$278.3M | -$690.0M | $666.5M | $2.02B | $32.7M | — |
| Income tax | $13.0M | $40.7M | $42.8M | $79.6M | $43.4M | $2.2M | $1.7M | — |
| Net income | -$107.5M | -$202.2M | -$235.5M | -$273.0M | $113.5M | $0 | $0 | — |
| EPS, basic | — | — | — | -1.75 | 0.87 | — | — | — |
| EPS, diluted | — | — | — | -1.75 | 0.87 | — | — | — |
| Shares, diluted (wtd. avg.) | — | 185.6M | 174.9M | 156.0M | 130.0M | — | — | — |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $337.2M | $421.6M | $660.7M | $980.5M | $620.6M | $488.7M | $117.5M | $114.0M |
| Property, plant and equipment | $61.9M | $61.1M | $70.8M | $92.9M | $104.3M | $85.0M | — | — |
| Goodwill | — | — | — | $0 | $40.7M | $40.7M | — | — |
| Other intangibles | — | — | — | $0 | $1.6M | $2.1M | — | — |
| Total assets | $6.86B | $6.34B | $6.15B | $6.61B | $11.81B | $10.89B | — | — |
| Long-term debt | $2.10B | $2.03B | $2.27B | $2.29B | $1.63B | $712.5M | — | — |
| Total liabilities | $6.47B | $5.84B | $5.45B | $5.69B | $10.18B | $9.24B | — | — |
| Retained earnings | -$614.4M | -$550.6M | -$451.7M | -$342.1M | -$29.0M | — | — | — |
| Total equity | $386.0M | $506.6M | $704.5M | $921.5M | $1.63B | $1.66B | $375.9M | — |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating cash flow | -$707.5M | -$858.3M | -$174.2M | $4.46B | -$1.47B | -$2.03B | -$1.50B | — |
| Depreciation and amortisation | $26.2M | $36.1M | $41.3M | $42.0M | $35.0M | $35.2M | $36.8M | — |
| Stock-based compensation | $12.2M | $24.9M | $22.0M | $20.6M | $67.1M | $8.5M | $191.0K | — |
| Capital expenditure | $27.1M | $26.4M | $20.6M | $43.2M | $54.1M | $33.9M | $12.6M | — |
| Investing cash flow | $14.5M | $487.9M | $165.7M | $667.8M | $296.8M | -$27.7M | $141.1M | — |
| Financing cash flow | $566.8M | $151.7M | -$226.1M | -$4.77B | $1.30B | $2.43B | $1.36B | — |
| Dividends paid | $2.5M | $3.3M | $3.0M | $119.3M | $463.3M | $643.1M | $7.6M | — |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001831631-26-000048.
Plot the figures US dollars
- Revenue
- Gross profit
- Net income
| Fiscal year | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | — | — | — | — | — | — | — | — |
| Gross profit | — | — | — | — | — | — | — | — |
| Net income | — | $0 | $0 | $113.5M | -$273.0M | -$235.5M | -$202.2M | -$107.5M |
Recent filings and events
- Delisting notice The exchange has told the company it no longer meets the rules for staying listed - usually price, market cap, or filings that are late. Item 3.01
- Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
- Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
- Regulation FD disclosure Item 7.01
- Shareholder vote The results of the annual meeting or a special vote. Item 5.07
- Material agreement signed The company entered an agreement outside the ordinary course of business - a large contract, a credit facility, a merger agreement. Item 1.01
- Results announced Item 2.02
- Regulation FD disclosure Item 7.01
- Material agreement signed Item 1.01
- Material agreement terminated An agreement that mattered has ended. Often the other half of a deal that fell through. Item 1.02
- New debt or obligation The company has taken on debt or a comparable obligation. Item 2.03
- Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.
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