loanDepot Q2 FY26 net loss narrows to $7 million vs prior quarter; revenue rises 18% to $337 million

Reuters2026/08/04 20:37

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loanDepot posted a GAAP net loss of USD 7 million, narrowing from a USD 55 million loss in the prior quarter.
Revenue climbed 18% from the prior quarter to USD 337 million, driven by higher origination income and servicing revenue.
Pull-through weighted gain on sale margin widened 74 basis points from the prior quarter to 345 basis points on a shift toward home equity and government loans.
Origination volume rose 4% from the prior quarter to USD 7.99 billion as unit volume jumped 25% on expansion into home equity lending.
Guidance calls for third-quarter origination volume of USD 6.25 billion-USD 8.25 billion, with pull-through weighted gain on sale margin of 360-390 basis points.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. loanDepot Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 202608041606BIZWIRE_USPR_____20260804_BW993476) on August 04, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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loanDepot Q2 FY26 net loss narrows to $7 million vs prior quarter; revenue rises 18% to $337 million

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