secwatch.observer — SEC 8-K summary
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Issuer:     loanDepot, Inc. (LDI)
CIK:        0001831631
Form:       8-K
Filed at:   2025-05-06T23:59:59+00:00
Accession:  0001831631-25-000080
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

loanDepot Q1 2025 rev up 23% to $274M, net loss narrows to $41M; founder Hsieh to take interim CEO
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- Revenue $274M (+23% YoY); net loss $41M vs $72M prior year; diluted loss per share $0.11.
- Adjusted net loss $25M, adjusted EBITDA $18M vs $2M prior year; non-volume expenses down 3%.
- Pull-through weighted gain on sale margin 355 bps (+81 bps); loan origination volume $5.2B.
- Founder Anthony Hsieh returns to day-to-day ops; to become interim CEO in June; Frank Martell moves to board advisory role.
- Q2 2025 outlook: pull-through weighted rate lock volume $5.5-8.0B; GOS margin 300-350 bps.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1831631/000183163125000080/0001831631-25-000080-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1831631/000183163125000080/ldi-20250506.htm
  HTML page:      https://secwatch.observer/filing/0001831631-25-000080

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer