loanDepot, Inc.

loandepot.com

What Do They Do?

Provides residential mortgages, home equity loans and real estate services to homebuyers and homeowners.

How Do They Make Money?

It earns money by originating and selling conventional and government mortgages, servicing loans for investors, and providing related services. Servicing fees recur over the mortgage's life; title and escrow fees are generally collected at closing.

FY2025 revenue

Who Are Their Customers?

Homebuyers and homeowners can apply digitally or work with loan officers; the company also reaches borrowers through homebuilder and affinity joint ventures, referral partners, and independent wholesale brokers.

Do Revenues Turn Into Profits?

No. It lost $62.6M in FY2025.

Net income, FY2025

−5% of revenue

▼ −36% (Loss) vs FY2024 (−$98.3M, −9%)

Free cash flow, FY2025

−61% of revenue

▼ −17% (Loss) vs FY2024 (−$884.7M, −83%)

How Are They Changing?

Since the FY2025 annual report

Latest quarter: Q2 FY2026, the three months to Jun 30, 2026

Revenue: ▲ +19%; vs $282.5M in Q2 FY2025
Net income: ▼ −66% (Loss); vs −$13.4M in Q2 FY2025

Aug 21, 2026 NYSE issues share-price listing deficiency notice The notice does not immediately affect listing; the company has six months to regain compliance before the NYSE may begin suspension and delisting procedures.

Shrinking. Revenue fell 68% in 4 years, from $3.7B in FY2021 to $1.2B in FY2025, about 25% a year.

Wholesale broker channel An earlier report said the company had exited wholesale lending; the current report describes sourcing loans through independent wholesale brokers, indicating this channel has returned.

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