Filing Flows › loanDepot (LDI) › Q2 2025
loanDepot (LDI) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 8, 2025
loanDepot (LDI) reported revenue of $283M for the second quarter 2025 (Q2 2025), +6% from a year earlier and +3% from the quarter before. Operating margin was -11.4%, net loss $25.3M (8.9% of revenue).
loanDepot, Q2 2025: revenue $283M (+6% year over year), operating margin -11.4%, net loss $25.3M, operating cash flow $64.5M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $283M | +3% | +6% |
| Operating profit | −$32.3M | — | — |
| Net earnings | −$25.3M | — | — |
| Operating cash flow | $64.5M | — | — |
| Free cash flow | $58.3M | — | — |
What changed
Revenue was $282.5M in Q2 2025, up 6% year over year and up 3% from the previous quarter.
Operating costs exceeded revenue by $32.3M, an operating margin of -11.4%. Total costs fell 8% while revenue rose 6%. The fastest-growing cost line was Sales & marketing (+22%). The quarter ended with a net loss of $25.3M, narrower than the previous quarter's $40.7M loss. Minority interests bore $11.9M of it: to shareholders the quarter was a loss of $13.4M.
Operating cash flow was $64.5M. Non-cash charges added back $6.4M of depreciation and amortization. Working capital and other items added $83.4M. Capital expenditures of $6.2M left free cash flow of $58.3M.
Questions
What was loanDepot's revenue in the second quarter 2025?
loanDepot (LDI) reported revenue of $283M for the second quarter 2025 (Q2 2025), +6% from a year earlier and +3% from the quarter before.
Was loanDepot profitable in the second quarter 2025?
Operating loss was $32.3M (-11.4% of revenue) and net loss $25.3M.
Source: loanDepot 10-Q on SEC EDGAR.