Earnings Releases·Nov 9, 2026, 6:45 AM ET

loanDepot — Third Quarter 2026 Earnings Summary

Total revenue decreased 9% to $307 million and net loss widened to $29 million from $7 million in the prior quarter, while adjusted EBITDA declined to $17 million from $20 million.
Management raised annualized cost savings expectations to $25 million for the remainder of 2026 and provided Q4 2026 guidance projecting origination volumes between $4.5 billion and $6.5 billion.
The company executed significant capital return and debt management activities, including repurchasing $87 million of senior notes and completing the sale of $10 billion in Agency MSRs, reducing net debt by approximately $114 million.
Despite a challenging market with elevated interest rates, the company reported a 33% year-over-year increase in unit volume and expanded home equity lending, positioning itself to emerge as a stronger competitor.