---
schema_version: "secwatch.filing_event.v1"
accession: "0001831631-23-000073"
form_type: "8-K"
ticker: "LDI"
cik: "0001831631"
company_name: "loanDepot, Inc."
filed_at: "2023-03-08T23:59:59+00:00"
generated_at: "2026-06-18T08:43:20.229511+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# loanDepot Q4 2022 net loss $157.8M; revenue down 76% YoY; FY net loss $610.4M

## Summary
- Q4 revenue $169.7M vs $705.0M YoY; net loss $157.8M ($0.46 diluted EPS loss).
- Full-year 2022 revenue $1.26B vs $3.72B in 2021; net loss $610.4M vs net income $623.1M.
- Exceeded Vision 2025 expense reduction target: $519.3M annualized reduction from Q2 to Q4.
- Ended 2022 with $864M cash; total expenses reduced $1.1B (36%) from 2021.
- Launched HELOC solution and completed in-house servicing platform transition.

## SEC filing metadata
- accession: 0001831631-23-000073
- form_type: 8-K
- ticker: LDI
- cik: 0001831631
- company_name: loanDepot, Inc.
- filed_at: 2023-03-08T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1831631/000183163123000073/0001831631-23-000073-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1831631/000183163123000073/ldi-20230308.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001831631-23-000073
- JSON: https://secwatch.observer/filing/0001831631-23-000073.json
- Plain text: https://secwatch.observer/filing/0001831631-23-000073.txt

## Key facts
- Earnings Releases
  loanDepot, Inc. reported the fourth quarter and year ending December 31, 2022 results: revenue $169,655, net income $(157,762), EPS $(0.46).
  - Period: the fourth quarter and year ending December 31, 2022
  - Revenue: $169,655
  - Net income: $(157,762)
  - EPS: $(0.46)
  - Result: reported results
  source text: Gain on sale margin (2) 1.45 % 1.80 % 2.23 % 1.63 % 2.61 % Pull through weighted gain on sale margin (3) 2.21 % 2.03 % 2.81 % 1.94 % 3.07 % Financial Results Total revenue $ 169,655 $ 274,192 $ 705,026 $ 1,255,796 $ 3,724,704 Total expense 343,735 435,125 694,133 1,945,773 3,058,187 Net (loss) income (157,762) (137,482) 14,732 (610,385) 623,146 Diluted (loss)
  evidence_url: https://www.sec.gov/Archives/edgar/data/1831631/000183163123000073/0001831631-23-000073-index.htm
- Earnings Releases
  loanDepot, Inc. reported year ended December 31, 2022 results: revenue $1,255,796, net income $(610,385), EPS $(1.75).
  - Period: year ended December 31, 2022
  - Revenue: $1,255,796
  - Net income: $(610,385)
  - EPS: $(1.75)
  - Result: reported results
  source text: % 1.80 % 2.23 % 1.63 % 2.61 % Pull through weighted gain on sale margin (3) 2.21 % 2.03 % 2.81 % 1.94 % 3.07 % Financial Results Total revenue $ 169,655 $ 274,192 $ 705,026 $ 1,255,796 $ 3,724,704 Total expense 343,735 435,125 694,133 1,945,773 3,058,187 Net (loss) income (157,762) (137,482) 14,732 (610,385) 623,146 Diluted (loss) earnings per share $ (0.46) $
  evidence_url: https://www.sec.gov/Archives/edgar/data/1831631/000183163123000073/0001831631-23-000073-index.htm

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