---
title: "Loandepot | 8-K: FY2026 Q1 Revenue: USD 286.39 M"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/285304004.md"
datetime: "2026-05-06T03:24:33.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/285304004.md)
  - [en](https://longbridge.com/en/news/285304004.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/285304004.md)
---

# Loandepot | 8-K: FY2026 Q1 Revenue: USD 286.39 M

Revenue: As of FY2026 Q1, the actual value is USD 286.39 M.

EPS: As of FY2026 Q1, the actual value is USD -0.16.

EBIT: As of FY2026 Q1, the actual value is USD -14.75 M.

#### Segment Revenue

-   Total revenue was $286,387 thousand, an 8% decrease from the prior quarter, based on $8.3 billion of pull-through weighted lock volume .
-   Adjusted total revenue was $299,250 thousand, a 5% decrease compared to the prior quarter .
-   Servicing fee income was $108,749 thousand .
-   Gain on origination and sale of loans, net, was $192,006 thousand .
-   Origination income, net, was $32,622 thousand .
-   Net interest income was $2,704 thousand .
-   Other income was $14,665 thousand .

#### Operational Metrics

-   Net loss was - $54,942 thousand, compared to a net loss of - $32,827 thousand in the prior quarter .
-   Adjusted net loss was - $33,624 thousand, compared to an adjusted net loss of - $21,474 thousand in the prior quarter .
-   Adjusted EBITDA was $14,305 thousand, down from $29,316 thousand in the prior quarter .
-   Total expenses were $341,500 thousand, a 0.2% decrease from the prior quarter, primarily due to lower commission and marketing expenses, partially offset by higher salaries and direct origination expenses .
-   Non-volume related expenses increased by $5.1 million from the fourth quarter of 2025 .
-   Loan origination volume was $7,658,619 thousand, a 5% decrease from the prior quarter .
-   Market share increased to 1.39% .
-   Pull-through weighted gain on sale margin decreased by 53 basis points to 2.71% .
-   Rate lock volume was $11,445,494 thousand .
-   Pull-through weighted lock volume was $8,274,191 thousand, an increase of $1.0 billion or 14% from the fourth quarter of 2025 .
-   Purchase volume accounted for 41% of total loans originated, down from 49% in the fourth quarter of 2025 .
-   The preliminary organic refinance consumer direct recapture rate increased to 73% from 71% in the fourth quarter of 2025 .
-   Change in fair value of servicing rights, net, was - $64,359 thousand .
-   Marketing costs declined by 12% .
-   The unpaid principal balance (UPB) in the servicing portfolio increased to $120,674,154 thousand, with a retention rate of 75% for loans sold .
-   The total servicing portfolio (units) was 455,634 .
-   Loans 60+ days delinquent were $2,113,465 thousand, representing 1.8% of the portfolio .

#### Balance Sheet

-   Cash and cash equivalents were $277,418 thousand, down from $337,232 thousand in the prior quarter .
-   Unrestricted cash was $277.4 million, with the quarterly decrease primarily reflecting investment in servicing rights .
-   Total assets were $7,246,519 thousand .
-   Total liabilities were $6,909,223 thousand .
-   Total equity was $337,296 thousand .
-   Servicing rights, at fair value, were $1,691,235 thousand .

#### Outlook for the Second Quarter of 2026

loanDepot, Inc. anticipates origination volume to be between $7.25 billion and $9.25 billion . The company expects pull-through weighted rate lock volume to range from $5.75 billion to $7.75 billion . The outlook for pull-through weighted gain on sale margin is projected to be between 330 basis points and 360 basis points .

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