loanDepot shares surge 10.23% after-hours as Q3 revenue jumps 14% to $323M and net loss narrows 65% to $9M.

loanDepot (LDI) surged 10.23% in after-hours trading following the release of its Q3 2025 financial results, which highlighted a 14% quarter-over-quarter revenue increase to $323 million, a 90% rise in adjusted EBITDA to $49 million, and a 65% reduction in net loss to $9 million. The report also noted a 10% increase in pull-through weighted lock volume and improved gain-on-sale margins, alongside a $51 million rise in cash reserves to $459 million. CEO Anthony Hsieh emphasized leadership restructuring and operational efficiency, while CFO David Hayes credited disciplined expense management for positive operating leverage. The results exceeded adjusted net income expectations ($-2.8M vs. IBES estimate of $-7.17M), reinforcing investor confidence in the company’s strategic pivot and market position.