Filing Flows › loanDepot (LDI) › Q1 2026
loanDepot (LDI) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 7, 2026
loanDepot (LDI) reported revenue of $286M for the first quarter 2026 (Q1 2026), +5% from a year earlier and -8% from the quarter before. Operating margin was -19.2%, net loss $54.9M (19.2% of revenue).
loanDepot, Q1 2026: revenue $286M (+5% year over year), operating margin -19.2%, net loss $54.9M, operating cash flow −$169M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $286M | -8% | +5% |
| Operating profit | −$55.1M | — | — |
| Net earnings | −$54.9M | — | — |
| Operating cash flow | −$169M | — | — |
What changed
Revenue was $286.4M in Q1 2026, up 5% year over year and down 8% from the previous quarter.
Operating costs exceeded revenue by $55.1M, an operating margin of -19.2%. Total costs grew 7% against revenue growth of 5%. The fastest-growing cost line was Other operating costs (+12%). The quarter ended with a net loss of $54.9M, wider than the previous quarter's $32.8M loss. Minority interests bore $17.5M of it: to shareholders the quarter was a loss of $37.5M.
Operating cash flow was −$169.3M. Non-cash charges added back $6.3M of depreciation and amortization and $6.4M of share-based compensation. Working capital and other items used $127.1M. Capital expenditures of $7.8M exceeded it, leaving free cash flow of −$177.2M.
Questions
What was loanDepot's revenue in the first quarter 2026?
loanDepot (LDI) reported revenue of $286M for the first quarter 2026 (Q1 2026), +5% from a year earlier and -8% from the quarter before.
Was loanDepot profitable in the first quarter 2026?
Operating loss was $55.1M (-19.2% of revenue) and net loss $54.9M.
Source: loanDepot 10-Q on SEC EDGAR.