loanDepot reports 2025 results with higher revenue, lower losses

The latest update is out from loanDepot ( (LDI) ).

loanDepot reported its year-end and fourth-quarter 2025 results on March 10, 2026, highlighting a 12% rise in full-year revenue to $1.19 billion and a 10% increase in adjusted revenue to $1.21 billion as higher pull-through weighted lock volumes and margins helped narrow its net loss. Full-year expenses edged up just 1% to $1.31 billion, contributing to a 47% reduction in net loss to $108 million and a 31% improvement in adjusted net loss to $66 million, while adjusted EBITDA climbed 46% to $122 million, underscoring the benefits of technology and efficiency investments.

In the fourth quarter, the lender posted its highest quarterly loan origination volume since 2022 at $8.04 billion and expanded market share 19% to 1.4%, even as revenue slipped 4% sequentially to $310 million and pull-through weighted gain-on-sale margin compressed to 3.24%. The period saw expenses rise 3% to $342 million and net loss widen to $33 million, while cash fell to $337 million from $459 million after investing in loan inventory and fully repaying 2025 unsecured notes, as management emphasized ongoing efforts to harness automation and AI-driven digital capabilities to capture share in a consolidating yet fragmented mortgage market.

The most recent analyst rating on (LDI) stock is a Sell with a $2.00 price target. To see the full list of analyst forecasts on loanDepot stock, see the LDI Stock Forecast page.

Spark’s Take on LDI Stock

According to Spark, TipRanks’ AI Analyst, LDI is a Neutral.

Score is held down primarily by weak financial performance (losses, heavy leverage, and stressed cash flows). Technical indicators are moderately supportive with price above key moving averages and a positive MACD, while valuation remains unattractive given negative earnings and no dividend support; the earnings call shows operational improvement and constructive volume guidance, but profitability and expense risks persist.

To see Spark’s full report on LDI stock, click here.

More about loanDepot

loanDepot, Inc., based in Irvine, Calif., is a U.S. mortgage lender that originates residential loans through a diversified, consumer-focused distribution model across multiple channels, transactions and geographies. The company vertically integrates origination, closing and servicing, leveraging its in-house servicing platform and digital infrastructure to drive customer recapture and operating efficiency in a fragmented home-lending market.

Average Trading Volume: 3,606,051

Technical Sentiment Signal: Strong Sell

Current Market Cap: $609.8M

For a thorough assessment of LDI stock, go to TipRanks’ Stock Analysis page.