loanDepot posts third quarter net loss as revenue rises 14%

Reuters
Nov 07
loanDepot posts third quarter net loss as revenue rises 14%

loanDepot Inc. reported a net loss attributable to the company of $4.9 million for the third quarter ended September 30, 2025, compared to a net loss of $13.4 million in the previous quarter and net income of $1.4 million in the third quarter of 2024. Adjusted total revenue for the third quarter was $325.2 million, up from $291.9 million in the prior quarter and down from $329.5 million a year earlier. For the first nine months of 2025, the net loss attributable to loanDepot Inc. was $40.2 million, compared to a net loss of $65.1 million for the same period in 2024. The company highlighted leadership changes, organizational realignment, and a focus on leveraging its multi-channel origination strategy and servicing portfolio as key business developments during the period.

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