loanDepot (LDI) Rent Expense (2020 - 2026)
loanDepot (LDI) reported Rent Expense of $4.3 million for Q1 2026, little changed on a YoY basis from $4.3 million in Q1 2025, and up 2.74% quarter-over-quarter from $4.2 million in Q4 2025.
loanDepot (LDI) Rent Expense (2020 - 2026) Analysis & Trends
loanDepot has reported Rent Expense for 7 years, with the latest figure at $4.3 million in Q1 2026.
- For the quarter ending Q1 2026, Rent Expense changed 0.47% year-over-year to $4.3 million; the trailing twelve-month figure through Mar 2026 stood at $16.9 million (down 9.47% YoY), and the FY2025 full-year result was $16.9 million, down 13.16% from the prior year.
- Rent Expense for Q1 2026 stood at $4.3 million, up from $4.2 million in the prior quarter.
- The five-year high for Rent Expense was $9.9 million in Q3 2022, with the low at $4.1 million in Q2 2025.
- Historically, Rent Expense has averaged $5.8 million across 5 years, with a median of $5.2 million in 2024.
- Annual changes were most pronounced in 2022 — Rent Expense advanced 2.1% — and 2023, when it plunged 40.31%.
- loanDepot's Rent Expense stood at $6.6 million in 2022, then decreased by 18.09% to $5.4 million in 2023, then declined by 20.47% to $4.3 million in 2024, then fell by 3.7% to $4.2 million in 2025, then advanced by 2.74% to $4.3 million in 2026.
- The last three Rent Expense figures came in at $4.3 million (Q1 2026), $4.2 million (Q4 2025), and $4.3 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Rental Exp. (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 34.85 Bn | 32.16 Bn | - | - |
| 2 | PennyMac Financial Services | 4.14 Bn | 3.65 Bn | 523.89 Mn | - |
| 3 | Walker & Dunlop | 1.73 Bn | 1.55 Bn | - | - |
| 4 | UWM Holdings | 743.45 Mn | 1.57 Bn | - | - |
| 5 | Velocity Financial | 668.42 Mn | 583.96 Mn | - | 340,000.00 |
| 6 | CNFinance Holdings | 591.78 Mn | 542.97 Mn | - | - |
| 7 | Better Home & Finance Holding | 419.52 Mn | 349.24 Mn | - | - |
| 8 | Onity | 306.24 Mn | 306.24 Mn | - | 8.50 Mn |
| 9 | loanDepot | 209.70 Mn | -4.79 Mn | - | 4.28 Mn |
| 10 | Greystone Housing Impact Investors | 120.06 Mn | 120.06 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 4.28 Mn |
| Mar 31, 2026 | 4.28 Mn |
| Dec 31, 2025 | 4.16 Mn |
| Dec 31, 2025 | 4.16 Mn |
| Sep 30, 2025 | 4.29 Mn |
| Sep 30, 2025 | 4.29 Mn |
| Jun 30, 2025 | 4.13 Mn |
| Jun 30, 2025 | 4.13 Mn |
| Mar 31, 2025 | 4.30 Mn |
| Mar 31, 2025 | 4.30 Mn |
| Dec 31, 2024 | 4.32 Mn |
| Dec 31, 2024 | 4.32 Mn |
| Sep 30, 2024 | 4.80 Mn |
| Sep 30, 2024 | 4.80 Mn |
| Jun 30, 2024 | 5.20 Mn |
| Jun 30, 2024 | 5.20 Mn |
| Mar 31, 2024 | 5.11 Mn |
| Mar 31, 2024 | 5.11 Mn |
| Dec 31, 2023 | 5.43 Mn |
| Dec 31, 2023 | 5.43 Mn |