Earnings ·
loanDepot reports Q2 revenue of $337M, up 18%, as net loss narrows to $7 million
LDIloanDepot, Inc.
loanDepot, Inc. reported second quarter 2026 financial results for the period ended June 30, 2026. Total revenue increased 18% to $337 million, while loan origination volume rose 4% to $7.99 billion and unit volume grew 25% from the prior quarter due to strategic expansion into home equity lending. The company narrowed its net loss to $7 million compared to a $55 million loss in the first quarter of 2026, with adjusted EBITDA improving to $20 million. Management repurchased $16 million of senior notes at an average price of 90% of par during the quarter and an additional $27 million post-quarter end through July 30, 2026. The company operates in the mortgage lending industry, originating residential mortgages and servicing loans.