loanDepot (LDI) Operating Expenses (2020 - 2026)
loanDepot (LDI) reported Operating Expenses of $341.5 million for Q1 2026, up 6.81% on a YoY basis from $319.7 million in Q1 2025, and little changed quarter-over-quarter from $342.1 million in Q4 2025.
loanDepot (LDI) Operating Expenses (2020 - 2026) Analysis & Trends
loanDepot has reported Operating Expenses for 7 years, with the latest figure at $341.5 million in Q1 2026.
- For the quarter ending Q1 2026, Operating Expenses rose 6.81% year-over-year to $341.5 million; the trailing twelve-month figure through Mar 2026 stood at $1.3 billion (up 1.31% YoY), and the FY2025 full-year result was $1.3 billion, up 0.55% from the prior year.
- Operating Expenses for Q1 2026 stood at $341.5 million, roughly flat from $342.1 million in the prior quarter.
- The five-year high for Operating Expenses was $606.3 million in Q1 2022, with the low at $302.6 million in Q4 2023.
- Historically, Operating Expenses has averaged $361.9 million across 5 years, with a median of $333.6 million in 2025.
- Annual changes were most pronounced in 2022 — Operating Expenses plunged 50.48% — and 2024, when it gained 12.9%.
- loanDepot's Operating Expenses stood at $343.7 million in 2022, then decreased by 11.98% to $302.6 million in 2023, then increased by 12.9% to $341.6 million in 2024, then increased by 0.14% to $342.1 million in 2025, then declined by 0.16% to $341.5 million in 2026.
- The last three Operating Expenses figures came in at $341.5 million (Q1 2026), $342.1 million (Q4 2025), and $333.6 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 34.85 Bn | 32.16 Bn | - | 2.54 Bn |
| 2 | PennyMac Financial Services | 4.14 Bn | 3.65 Bn | 523.89 Mn | 440.29 Mn |
| 3 | Walker & Dunlop | 1.73 Bn | 1.55 Bn | - | 275.38 Mn |
| 4 | UWM Holdings | 743.45 Mn | 1.57 Bn | - | 575.39 Mn |
| 5 | Velocity Financial | 668.42 Mn | 583.96 Mn | - | 54.34 Mn |
| 6 | CNFinance Holdings | 591.78 Mn | 542.97 Mn | - | - |
| 7 | Better Home & Finance Holding | 419.52 Mn | 349.24 Mn | - | 98.41 Mn |
| 8 | Onity | 306.24 Mn | 306.24 Mn | - | 132.20 Mn |
| 9 | loanDepot | 209.70 Mn | -4.79 Mn | - | 341.50 Mn |
| 10 | Greystone Housing Impact Investors | 120.06 Mn | 120.06 Mn | - | 17.75 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |