Filing Flows › loanDepot (LDI) › Q3 2025
loanDepot (LDI) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 7, 2025
loanDepot (LDI) reported revenue of $323M for the third quarter 2025 (Q3 2025), +3% from a year earlier and +14% from the quarter before. Operating margin was -3.2%, net loss $8.7M (2.7% of revenue).
loanDepot, Q3 2025: revenue $323M (+3% year over year), operating margin -3.2%, net loss $8.7M, operating cash flow $43.4M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $323M | +14% | +3% |
| Operating profit | −$10.3M | — | — |
| Net earnings | −$8.7M | — | — |
| Operating cash flow | $43.4M | -33% | — |
| Free cash flow | $38.7M | -34% | — |
What changed
Revenue was $323.3M in Q3 2025, up 3% year over year and up 14% from the previous quarter.
Operating costs exceeded revenue by $10.3M, an operating margin of -3.2%. Total costs grew 7% against revenue growth of 3%. The fastest-growing cost line was General & admin (+97%). The quarter ended with a net loss of $8.7M, narrower than the previous quarter's $25.3M loss. Minority interests bore $3.9M of it: to shareholders the quarter was a loss of $4.9M.
Operating cash flow was $43.4M. Non-cash charges added back $6.7M of depreciation and amortization and $3.6M of share-based compensation. Working capital and other items added $41.8M. Capital expenditures of $4.7M left free cash flow of $38.7M.
Questions
What was loanDepot's revenue in the third quarter 2025?
loanDepot (LDI) reported revenue of $323M for the third quarter 2025 (Q3 2025), +3% from a year earlier and +14% from the quarter before.
Was loanDepot profitable in the third quarter 2025?
Operating loss was $10.3M (-3.2% of revenue) and net loss $8.7M.
Source: loanDepot 10-Q on SEC EDGAR.