loanDepot (LDI) Operating Expenses (2020 - 2026)
loanDepot's (LDI) quarterly Operating Expenses came in at $343.9 million in Q2 2026, up 9.23% on a YoY basis from $314.9 million in Q2 2025, and up 0.71% quarter-over-quarter from $341.5 million in Q1 2026.
Analysis
loanDepot (LDI) Operating Expenses (2020 - 2026) Analysis & Trends
loanDepot (LDI) has reported Operating Expenses for 7 consecutive years, with $343.9 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Operating Expenses rose 9.23% year-over-year to $343.9 million; the trailing twelve-month figure through Jun 2026 stood at $1.4 billion (up 5.74% YoY), and the FY2025 full-year result was $1.3 billion, up 0.55% from the prior year.
- Operating Expenses rose to $343.9 million in Q2 2026 per LDI's latest filing, from $341.5 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.
- Historically, Operating Expenses has averaged $360.9 million across 5 years, with a median of $337.6 million in 2025.
- The sharpest annual moves came in 2022 and 2024: Operating Expenses sank 50.48% in 2022, then advanced 12.9% in 2024.
- Over 5 years, 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 grew by 0.55% to $343.9 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $343.9 million, $341.5 million, and $342.1 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Federal National Mortgage Association Fannie Mae | 79.20 Bn | 79.20 Bn | - | 2.07 Bn |
| 2 | Rocket Companies | 52.80 Bn | 49.70 Bn | - | 2.50 Bn |
| 3 | Figure Technology Solutions | 8.04 Bn | 6.51 Bn | 196.67 Mn | 147.85 Mn |
| 4 | PennyMac Financial Services | 3.81 Bn | 3.06 Bn | 480.08 Mn | 465.44 Mn |
| 5 | Federal Agricultural Mortgage | 2.47 Bn | 1.43 Bn | - | 11.59 Mn |
| 6 | UWM Holdings | 2.36 Bn | 2.71 Bn | - | 635.05 Mn |
| 7 | CNFinance Holdings | 1.51 Bn | 1.51 Bn | - | - |
| 8 | Walker & Dunlop | 1.42 Bn | 1.27 Bn | - | 304.62 Mn |
| 9 | Velocity Financial | 725.75 Mn | -6.72 Bn | - | 59.75 Mn |
| 10 | loanDepot | 338.91 Mn | 159.79 Mn | - | 343.94 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 343.94 Mn |
| 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 |