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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
REVENUES:        
Interest income $ 39,937 $ 38,673 $ 115,954 $ 104,650
Interest expense (36,878) (39,488) (107,937) (106,837)
Net interest income (expense) 3,059 (815) 8,017 (2,187)
Gain on origination and sale of loans, net 201,304 198,027 542,490 481,007
Origination income, net 34,750 23,675 95,539 56,775
Servicing fee income 111,783 124,133 324,270 373,273
Change in fair value of servicing rights, net (46,198) (56,563) (139,677) (162,619)
Other income 18,626 26,141 48,843 56,523
Total net revenues 323,324 314,598 879,482 802,772
EXPENSES:        
Personnel expense 161,150 161,330 465,427 436,683
Marketing and advertising expense 37,700 36,282 113,828 95,811
Direct origination expense 21,965 23,120 64,375 62,841
General and administrative expense 45,352 22,984 129,214 153,889
Occupancy expense 4,287 4,800 12,715 15,113
Depreciation and amortization 6,729 8,931 20,774 27,329
Servicing expense 12,138 8,427 30,321 25,155
Other interest expense 44,292 45,129 131,555 144,676
Total expenses 333,613 311,003 968,209 961,497
(Loss) income before income taxes (10,289) 3,595 (88,727) (158,725)
Income tax (benefit) expense (1,555) 923 (14,023) (24,040)
Net (loss) income (8,734) 2,672 (74,704) (134,685)
Net (loss) income attributable to noncontrolling interests (3,852) 1,303 (34,538) (69,588)
Net (loss) income attributable to loanDepot, Inc. $ (4,882) $ 1,369 $ (40,166) $ (65,097)
Common Class A And D        
(Loss) earnings per share:        
Basic (in usd per share) $ (0.02) $ 0.01 $ (0.19) $ (0.36)
Diluted (in usd per share) $ (0.02) $ 0.01 $ (0.19) $ (0.36)
Weighted average shares outstanding:        
Basic (in shares) 211,442,981 185,385,271 206,745,124 183,041,489
Diluted (in shares) 211,442,981 332,532,984 206,745,124 183,041,489