← loanDepot, Inc.
| Annual Trend | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|
| Total net revenues | $1.3b | $4.3b | $3.7b | $1.3b | $974.0m | $1.1b | $1.2b | |
| Interest income | $127.6m | $142.9m | $262.5m | $200.2m | $133.3m | $146.5m | $158.8m | |
| Gain on origination and sale of loans, net | $1.1b | $3.9b | $3.2b | $748.5m | $524.5m | $642.1m | $742.4m | |
| Origination income, net | $149.5m | $258.8m | $362.3m | $129.7m | $65.2m | $82.3m | $131.7m | |
| Servicing fee income | $118.4m | $185.9m | $393.7m | $449.1m | $492.8m | $481.7m | $437.2m | |
| Changes in fair value of servicing rights, net | ($97.9m) | ($144.3m) | ($445.9m) | ($194.4m) | ($184.4m) | ($215.1m) | ($198.5m) | |
| Other income | $65.7m | $94.4m | $157.3m | $73.4m | $72.8m | $70.1m | $66.7m | |
| Depreciation and amortization | $37.4m | $35.7m | $35.5m | $42.2m | $41.3m | $36.1m | $26.2m | |
| Loss before income taxes | $32.7m | $2.0b | $666.5m | ($690.0m) | ($278.3m) | ($242.8m) | ($120.5m) | |
| Income tax benefit | ($1.7m) | $2.2m | $43.4m | ($79.6m) | ($42.8m) | ($40.7m) | ($13.0m) | |
| Net loss | $34.4m | $2.0b | $623.1m | ($610.4m) | ($235.5m) | ($202.2m) | ($107.5m) | |
| Net loss attributable to noncontrolling interest | $34.4m | $2.0b | $509.6m | ($337.4m) | ($125.4m) | ($103.8m) | ($44.9m) | |
| Net loss attributable to loanDepot, Inc. | $0 | $0 | $113.5m | ($273.0m) | ($110.1m) | ($98.3m) | ($62.6m) | |
| Basic (in usd per share) | — | — | $4.79 | ($3.91) | ($1.35) | ($0.54) | ($0.25) | |
| Diluted (in usd per share) | — | — | $4.79 | ($3.91) | ($1.35) | ($1.09) | ($0.25) | |
| Interest expense | ($130.3m) | ($131.4m) | ($218.5m) | ($150.9m) | ($130.1m) | ($147.3m) | ($148.5m) | |
| Net interest income (expense) | ($2.8m) | $11.4m | $44.0m | $49.3m | $3.1m | ($843k) | $10.3m | |
| Personnel expense | $765.3m | $1.5b | $1.9b | $1.0b | $573.0m | $600.5m | $641.5m | |
| Marketing and advertising expense | $187.9m | $264.3m | $467.6m | $236.8m | $132.9m | $132.7m | $146.7m | |
| Direct origination expense | $93.5m | $124.8m | $193.3m | $120.9m | $67.1m | $84.2m | $83.5m | |
| General and administrative expense | $100.5m | $171.7m | $215.0m | $265.7m | $212.7m | $204.2m | $177.1m | |
| Occupancy expense | $37.2m | $39.3m | $38.4m | $35.3m | $23.5m | $19.4m | $16.9m | |
| Servicing expense | — | $81.7m | $99.1m | $53.1m | $27.7m | $37.4m | $43.1m | |
| Other interest expense | $41.3m | $48.0m | $79.6m | $124.1m | $174.1m | $188.6m | $175.2m | |
| Total expenses | $1.3b | $2.3b | $3.1b | $1.9b | $1.3b | $1.3b | $1.3b |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.