loanDepot, Inc. Earnings Per Share Disclosure
| For the year ended December 31, | |||||||||||||||||||||||||||||||||||
| 2025 | 2024 | 2023 | |||||||||||||||||||||||||||||||||
| Class A | Class D | Total | Class A | Class D | Total | Class A | Class D | Total | |||||||||||||||||||||||||||
Net loss allocated to common stockholders | $ | (33,842) | $ | (28,804) | $ | (62,646) | $ | (46,938) | $ | (51,393) | $ | (98,331) | $ | (49,042) | $ | (61,100) | $ | (110,142) | |||||||||||||||||
Weighted average shares - basic and diluted | 113,994,450 | 97,026,671 | 211,021,121 | 88,615,004 | 97,026,671 | 185,641,675 | 77,879,392 | 97,026,671 | 174,906,063 | ||||||||||||||||||||||||||
Loss per share: | |||||||||||||||||||||||||||||||||||
| Basic | $ | (0.30) | $ | (0.30) | $ | (0.30) | $ | (0.53) | $ | (0.53) | $ | (0.53) | $ | (0.63) | $ | (0.63) | $ | (0.63) | |||||||||||||||||
| Diluted | $ | (0.30) | $ | (0.30) | $ | (0.30) | $ | (0.53) | $ | (0.53) | $ | (0.53) | $ | (0.63) | $ | (0.63) | $ | (0.63) | |||||||||||||||||
| For the year ended December 31, | |||||||||||||||||
| 2025 | 2024 | 2023 | |||||||||||||||
| Class C common stock | 119,701,749 | 140,148,860 | 147,789,060 | ||||||||||||||
Stock options, restricted stock units, ESPP shares(1) | 12,693,203 | 10,974,241 | 16,919,589 | ||||||||||||||
| Total | 132,394,952 | 151,123,101 | 164,708,649 | ||||||||||||||
Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2025 | Mar 12, 2026 | Showing above |
| 2024 | Mar 13, 2025 | |
| 2023 | Mar 15, 2024 | |
| 2022 | Mar 16, 2023 | |
| 2021 | Mar 18, 2022 | |
About Earnings Per Share Disclosures
The earnings per share disclosure breaks down the calculation from net income to both basic and diluted EPS, revealing the full impact of a company's capital structure on per-share economics. The reconciliation between basic and diluted share counts exposes how many stock options, RSUs, convertible securities, and warrants are potentially dilutive to existing shareholders.
Key signals: a widening gap between basic and diluted shares indicates growing dilution from equity compensation or convertible instruments. Anti-dilutive securities excluded from the diluted calculation deserve attention — they represent latent dilution that will materialize if the stock price rises. Watch for the effect of share buybacks on per-share metrics: EPS growth driven primarily by repurchases rather than income growth signals weakening fundamentals. Compare year-over-year changes in the diluted share count against equity compensation expense to assess whether management is effectively managing dilution.