EarningsQ1 2026 Earnings Report
DE:LDD Q1 2026 EPS Results
Actual EPS-€0.13
Consensus EPS-€0.04
Beat/MissMissed by -€0.09
One Year Ago EPS-€0.07
DE:LDD Q1 2026 Revenue Results
Actual Revenue€272.43M
Expected Revenue€273.77M
Beat/MissMissed by -€1.34M
YoY Revenue Growth+21.98%
Earnings Announcement Details
QuarterQ1 2026
Date05/05/2026
TimeAfter Close
Conference CallTuesday, May 5, 2026
DE:LDD Upcoming Earnings
loanDepot's next earnings date is estimated for November 10, 2026, based on past reporting schedules.
Q1 2026 Earnings Call Audio
DE:LDD Q1 2026 Earnings Call
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Q1 2026 Earnings Slide Deck
Q1 2026 Earnings Call Summary
Earnings Call Sentiment|Neutral
The call communicated clear operational progress — including ramped hiring, wholesale reopening, a strategic partnership with Figure, the launch of the fast-turn 5x5 HomeLoan, and efficiency gains (marketing -12%, expense control) — that position the company for improved margins and faster funding cycles. However, near-term financials remain under pressure: adjusted net loss widened to $34M, revenue fell ~5.4%, gain-on-sale margins compressed to 271 bps (down 53 bps), origination volume was modestly down, servicing revenue was pressured, and cash decreased by $60M. Management provided constructive Q2 guidance (gain-on-sale margin 330–360 bps and higher origination guidance) and emphasized automation and hedging to manage volatility. Overall, operational momentum is strong but the financial headwinds this quarter balance those positives.Company Guidance
Rebuild and Sales Capacity Expansion
Added over 100 new loan officers across direct and retail channels, reopened the wholesale channel, and reported a market share increase in closed loan volume, positioning the company for scalable origination growth.
Figure Partnership and 5x5 HomeLoan Launch
Integrated Figure's credit and underwriting engine into loanDepot's mello platform; launched the 5x5 HomeLoan (approval in as little as 5 minutes, funding in as few as 5 days). Management expects this HELOC product to lower cost of production, improve speed, and be a consistent contributor to earnings.
Pull-Through Weighted Rate Lock Volume Growth
Pull-through weighted rate lock volume was $8.3 billion, up 14% sequentially from $7.3 billion and within prior guidance of $7.75B–$8.75B.
Improved Marketing Efficiency and Expense Control
Marketing expenses were reduced by 12% quarter-over-quarter, driving higher return on marketing; total expenses decreased by $565,000 sequentially despite guidance expecting higher expenses.
Higher Recapture Rate
Recapture rate improved to 73% from 71% in the prior quarter (+2 percentage points), supporting servicing franchise quality and future cross-sell potential.
Constructive Q2 Guidance for Margin and Origination
Company guided Q2 pull-through weighted gain on sale margin of 330–360 basis points (up from 271 bps in Q1) and origination volume of $7.25B–$9.25B, reflecting expected benefit from 5x5 HomeLoan mix and product ramp.
DE:LDD Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed