loanDepot (LDI) Operating Expenses (2020 - 2026)

loanDepot (LDI) posted Operating Expenses of $341.5 million for Q1 2026, little changed on a QoQ basis from $342.1 million in Q4 2025, and up 6.81% year-over-year from $319.7 million in Q1 2025.

loanDepot (LDI) Operating Expenses (2020 - 2026) Analysis & Trends

loanDepot's Operating Expenses history runs 7 years deep, the most recent figure standing at $341.5 million for Q1 2026.

  • Quarterly Operating Expenses rose 6.81% year-over-year to $341.5 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $1.3 billion (up 1.31% YoY) and the FY2025 annual result came in at $1.3 billion, up 0.55% from the prior year.
  • Operating Expenses was $341.5 million for Q1 2026 at loanDepot, roughly flat from $342.1 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $606.3 million in Q1 2022 and bottomed at $302.6 million in Q4 2023.
  • A 5-year average of $361.9 million and a median of $333.6 million in 2025 frame the typical range for Operating Expenses.
  • Annual changes were most pronounced in 2022 — Operating Expenses tumbled 50.48% — and 2024, when it grew 12.9%.
  • loanDepot's Operating Expenses stood at $343.7 million in 2022, then dropped by 11.98% to $302.6 million in 2023, then gained by 12.9% to $341.6 million in 2024, then gained by 0.14% to $342.1 million in 2025, then retreated by 0.16% to $341.5 million in 2026.
  • Business Quant data shows LDI's Operating Expenses at $341.5 million in Q1 2026, $342.1 million in Q4 2025, and $333.6 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Rocket Companies 38.33 Bn 35.64 Bn - 2.54 Bn
2 Federal National Mortgage Association Fannie Mae 35.67 Bn 35.67 Bn - 2.18 Bn
3 Federal Home Loan Mortgage 18.11 Bn 13.64 Bn - 2.02 Bn
4 PennyMac Financial Services 4.41 Bn 3.76 Bn 523.89 Mn 440.29 Mn
5 CNFinance Holdings 3.28 Bn 3.20 Bn - -
6 Walker & Dunlop 1.64 Bn 1.44 Bn - 275.38 Mn
7 Velocity Financial 681.36 Mn -6.51 Bn - 54.34 Mn
8 UWM Holdings 540.43 Mn 116.43 Mn - 575.39 Mn
9 Better Home & Finance Holding 362.34 Mn 298.07 Mn - 98.41 Mn
10 loanDepot 116.93 Mn -46.56 Mn - 341.50 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 341.50 Mn
Dec 31, 2025 342.06 Mn
Sep 30, 2025 333.61 Mn
Jun 30, 2025 314.87 Mn
Mar 31, 2025 319.72 Mn
Dec 31, 2024 341.59 Mn
Sep 30, 2024 311.00 Mn
Jun 30, 2024 342.55 Mn
Mar 31, 2024 307.95 Mn
Dec 31, 2023 302.57 Mn
Sep 30, 2023 305.13 Mn
Jun 30, 2023 330.15 Mn
Mar 31, 2023 314.48 Mn
Dec 31, 2022 343.74 Mn
Sep 30, 2022 435.13 Mn
Jun 30, 2022 560.66 Mn
Mar 31, 2022 606.26 Mn
Dec 31, 2021 694.13 Mn
Sep 30, 2021 744.77 Mn
Jun 30, 2021 749.41 Mn