---
schema_version: "secwatch.filing_event.v1"
accession: "0001831631-22-000323"
form_type: "8-K"
ticker: "LDI"
cik: "0001831631"
company_name: "loanDepot, Inc."
filed_at: "2022-11-08T23:59:59+00:00"
generated_at: "2026-06-22T04:29:52.153113+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# loanDepot Q3 net loss $137.5M, revenue down 11% QoQ; cash rises to $1.14B

## Summary
- Net loss $137.5M vs $223.8M Q2 (down 38.6%); diluted EPS loss $0.37.
- Revenue $274.2M (-11% QoQ); gain on sale margin 1.80% (up from 1.16%).
- Total expenses reduced 22% to $435.1M; on track for $400M annualized savings by year-end 2022.
- Cash balance increased 20% to $1.14B; digital HELOC launched.
- Loan origination volume $9.85B (down 38% QoQ); rate lock volume $12.03B.

## SEC filing metadata
- accession: 0001831631-22-000323
- form_type: 8-K
- ticker: LDI
- cik: 0001831631
- company_name: loanDepot, Inc.
- filed_at: 2022-11-08T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1831631/000183163122000323/0001831631-22-000323-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1831631/000183163122000323/ldi-20221108.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001831631-22-000323
- JSON: https://secwatch.observer/filing/0001831631-22-000323.json
- Plain text: https://secwatch.observer/filing/0001831631-22-000323.txt

## Key facts
- Earnings Releases
  loanDepot, Inc. reported third quarter ended September 30, 2022 results: revenue $274,192, net income $(137,482), EPS $(0.37).
  - Period: third quarter ended September 30, 2022
  - Revenue: $274,192
  - Net income: $(137,482)
  - EPS: $(0.37)
  - Result: reported results
  source text: Gain on sale margin (2) 1.80 % 1.16 % 2.84 % 1.66 % 2.71 % Pull through weighted gain on sale margin (3) 2.03 % 1.50 % 2.99 % 1.92 % 3.13 % Financial Results Total revenue $ 274,192 $ 308,639 $ 923,756 $ 1,086,141 $ 3,019,678 Total expense 435,125 560,657 744,771 1,602,038 2,364,054 Net (loss) income (137,482) (223,822) 154,277 (452,623) 608,414 Diluted
  evidence_url: https://www.sec.gov/Archives/edgar/data/1831631/000183163122000323/0001831631-22-000323-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.