---
schema_version: "secwatch.filing_event.v1"
accession: "0001831631-23-000147"
form_type: "8-K"
ticker: "LDI"
cik: "0001831631"
company_name: "loanDepot, Inc."
filed_at: "2023-05-09T23:59:59+00:00"
generated_at: "2026-06-15T09:52:51.307459+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# loanDepot Q1 2023 net loss narrows 42% QoQ to $91.7M; revenue up $38.2M

## Summary
- Revenue $207.9M vs $169.7M in Q4 2022; gain-on-sale margin improved to 2.43%.
- Net loss $91.7M ($0.25 diluted EPS) vs $157.8M loss in Q4; expenses cut $29.3M.
- Pull-through weighted lock volume $5.3B, up from $4.2B in Q4 2022.
- Cash balance $798.1M; CEO expects improving results in Q2 and Q3 2023.
- Company continues Vision 2025 cost restructuring and purpose-driven lending focus.

## SEC filing metadata
- accession: 0001831631-23-000147
- form_type: 8-K
- ticker: LDI
- cik: 0001831631
- company_name: loanDepot, Inc.
- filed_at: 2023-05-09T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1831631/000183163123000147/0001831631-23-000147-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1831631/000183163123000147/ldi-20230509.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001831631-23-000147
- JSON: https://secwatch.observer/filing/0001831631-23-000147.json
- Plain text: https://secwatch.observer/filing/0001831631-23-000147.txt

## Key facts
- Earnings Releases
  loanDepot, Inc. reported financial results for the first quarter ended March 31, 2023.
  - Period: the first quarter ended March 31, 2023
  - Result: reported results
  source text: On May 9, 2023, loanDepot, Inc. (the "Company") issued a press release announcing its results for the three months ended ended March 31, 2023 (the “Earnings Press Release”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1831631/000183163123000147/0001831631-23-000147-index.htm

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