earnings
confidence high
sentiment neutral
materiality 0.65
loanDepot Q4 originations $8.04B, highest since 2022; net loss widens to $33M
loanDepot, Inc.
- Q4 loan origination volume $8.04B, up 23% QoQ; market share rose to 1.4% from 1.2%.
- Q4 net loss $33M vs $9M prior quarter; adjusted EBITDA $29M vs $49M.
- Full-year 2025 revenue $1.19B (+12% YoY); net loss improved to $108M from $202M.
- Recapture rate improved to 71% from 65% in Q3, reflecting servicing flywheel.
- Q1 2026 guidance: pull-through weighted lock volume $7.75-8.75B; GOS margin 270-300 bps.