LDI

MKT CAP:$531M

loanDepot, Inc.

Market Cap

$531M

Financial Services·Financial - Mortgages·🇺🇸 United States·NYSE

Financials·Financial·🇺🇸·NYSE

Stock Price

$1.69-$0.40 (-19.14%)

Apr 21, 2026

Company Details

loanDepot, Inc. engages in originating, financing, selling, and servicing residential mortgage loans in the United States. It offers conventional agency-conforming and prime jumbo, federal assistance residential mortgage, and home equity lo...

CEO

Anthony Li Hsieh

IPO Date

Feb 11, 2021

Website

www.loandepot.com

Key Metrics TTM

Revenue

$1.3B

+23.4% YoY

Net Income

$3M

EPS (Diluted)

$0.12

Free Cash Flow

-$1.9B

Revenue / Share

$7.42

Gross Margin

88.0%

Operating Margin

-7.0%

Net Margin

0.2%

FCF Margin

-138.7%

P/S

0.4x

P/E

190.7x

Earnings Reports

Q2 2024

May 5, 2026

PENDING

Q1 2024

May 9, 2024

$237MEPS -$0.19

Q4 2023

Mar 15, 2024

$249MEPS -$0.15

Q4 2019

Dec 30, 2019

$422MEPS $0.12

Q3 2019

Sep 29, 2019

$433MEPS $0.34

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q1 15	$252M	$252M	$37M
Q2 15	$252M	$252M	$37M
Q1 19	$291M	$291M	-$13M
Q2 19	$291M	$291M	-$13M
Q3 19	$433M	$433M	$49M
Q4 19	$422M	$422M	$17M
Q4 23	$249M	$166M	-$74M
Q1 24	$237M	$158M	-$85M

Valuation

Quarter	P/S	P/E
Q1 15	—	—
Q2 15	—	—
Q1 19	—	—
Q2 19	2.4x	67.5x
Q3 19	2.1x	50.3x
Q4 19	1.8x	77.2x
Q4 23	0.4x	27.5x
Q1 24	0.4x	169.6x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q1 15	-$280M	-$286M
Q2 15	-$280M	-$286M
Q1 19	-$68M	-$72M
Q2 19	-$68M	-$72M
Q3 19	-$807M	-$808M
Q4 19	-$554M	-$557M
Q4 23	-$205M	-$210M
Q1 24	-$279M	-$283M

Capital Expenditures

Quarter	CapEx
Q1 15	$6M
Q2 15	$6M
Q1 19	$4M
Q2 19	$4M
Q3 19	$2M
Q4 19	$3M
Q4 23	$4M
Q1 24	$5M

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q3 19	+71.9%	+78.9%
Q4 19	+67.3%	+88.6%
Q4 23	-14.5%	+6.1%
Q1 24	-18.6%	+5.9%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q1 15	$6M	2.4%
Q2 15	$6M	2.4%
Q1 19	$18.5K	0.0%
Q2 19	$18.5K	0.0%
Q3 19	$201.0K	0.0%
Q4 19	-$47.0K	-0.0%
Q4 23	$6M	2.6%
Q1 24	$5M	2.1%

OpEx Breakdown

Quarter	G&A	S&M
Q1 15	$16M	$27M
Q2 15	$16M	$27M
Q1 19	$20M	$42M
Q2 19	$20M	$42M
Q3 19	$27M	$51M
Q4 19	$31M	$54M
Q4 23	$188M	$28M
Q1 24	$192M	$28M

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 22	$554M	$0	$554M
Q2 22	$955M	$0	$955M
Q3 22	$1.1B	$0	$1.1B
Q4 22	$864M	$0	$864M
Q1 23	$798M	$0	$798M
Q2 23	$719M	$0	$719M
Q3 23	$717M	$0	$717M
Q4 23	$661M	$0	$661M
Q1 24	$604M	$0	$604M
Q2 24	$533M	$0	$533M
Q3 24	$483M	$0	$483M
Q4 24	$422M	$0	$422M
Q1 25	$371M	$0	$371M
Q2 25	$409M	$0	$409M
Q3 25	$459M	$0	$459M
Q4 25	$337M	$0	$337M

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q1 15	147M	—	—
Q2 15	147M	0.0%	—
Q1 19	146M	-0.9%	—
Q2 19	144M	-0.9%	—
Q3 19	142M	-1.8%	-3.5%
Q4 19	137M	-3.7%	-7.0%
Q4 23	179M	+30.9%	+22.7%
Q1 24	181M	+1.0%	+25.0%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q1 15	—	—
Q2 15	—	—
Q1 19	—	—
Q2 19	—	—
Q3 19	—	—
Q4 19	—	—
Q4 23	$58.5K	4K
Q1 24	$55.7K	4K

Revenue / Employee