earnings
confidence high
sentiment negative
materiality 0.70
loanDepot Q1 2026 net loss $55M; revenue down 8% QoQ; provides Q2 guidance
loanDepot, Inc.
- Net loss $55M ($0.16 diluted EPS) vs $33M loss in Q4 2025; adjusted net loss $34M.
- Revenue $286M, down 8% QoQ; pull-through weighted GOS margin fell 53bps to 271bps.
- Loan origination volume $7.66B, down 5% QoQ but market share increased to 1.39%.
- Cash $277M, down from $337M; servicing UPB $120.7B; recapture rate 73%.
- Q2 2026 outlook: pull-through weighted rate lock $5.75-$7.75B, GOS margin 330-360bps.