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Side-by-side financial comparison of loanDepot, Inc. (LDI) and Perion Network Ltd. (PERI). Click either name above to swap in a different company.
Perion Network Ltd. is the larger business by last-quarter revenue ($368.7M vs $310.3M, roughly 1.2× loanDepot, Inc.). Perion Network Ltd. runs the higher net margin — 2.1% vs -7.2%, a 9.3% gap on every dollar of revenue. Perion Network Ltd. produced more free cash flow last quarter ($-2.9M vs $-648.0M). Over the past eight quarters, loanDepot, Inc.'s revenue compounded faster (18.0% CAGR vs 16.4%).
LoanDepot, sometimes stylized as loanDepot, is an Irvine, California-based nonbank holding company which sells mortgage and non-mortgage lending products.
Perion Network Ltd. is a publicly traded advertising technology company that provides digital advertising technology solutions to advertisers, agencies, retailers, and publishers. Its core offerings are delivered through Perion One, a unified omnichannel advertising platform designed to support campaign planning, activation, optimisation, and measurement across channels and verticals including connected television (CTV), digital out-of-home (DOOH), display, video advertising, as well as retai...
LDI vs PERI — Head-to-Head
Income Statement — Q4 FY2025 vs Q3 FY2025
| Metric | | |
|---|---|---|
| Revenue | $310.3M | $368.7M |
| Net Profit | $-22.5M | $7.7M |
| Gross Margin | — | — |
| Operating Margin | -10.3% | 2.0% |
| Net Margin | -7.2% | 2.1% |
| Revenue YoY | 20.5% | — |
| Net Profit YoY | 32.4% | — |
| EPS (diluted) | — | — |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $310.3M | — | ||
| Q3 25 | $323.3M | $368.7M | ||
| Q2 25 | $282.5M | $266.5M | ||
| Q1 25 | $273.6M | $157.8M | ||
| Q4 24 | $257.5M | — | ||
| Q3 24 | $314.6M | $508.9M | ||
| Q2 24 | $265.4M | $323.6M | ||
| Q1 24 | $222.8M | $145.2M |
| Q4 25 | $-22.5M | — | ||
| Q3 25 | $-4.9M | $7.7M | ||
| Q2 25 | $-13.4M | $5.6M | ||
| Q1 25 | $-21.9M | $11.8M | ||
| Q4 24 | $-33.2M | — | ||
| Q3 24 | $1.4M | $78.0M | ||
| Q2 24 | $-32.2M | $45.2M | ||
| Q1 24 | $-34.3M | $23.8M |
| Q4 25 | -10.3% | — | ||
| Q3 25 | -3.2% | 2.0% | ||
| Q2 25 | -11.4% | -1.7% | ||
| Q1 25 | -16.8% | 5.4% | ||
| Q4 24 | -32.7% | — | ||
| Q3 24 | 1.1% | 15.1% | ||
| Q2 24 | -29.1% | 13.7% | ||
| Q1 24 | -38.2% | 16.9% |
| Q4 25 | -7.2% | — | ||
| Q3 25 | -1.5% | 2.1% | ||
| Q2 25 | -4.7% | 2.1% | ||
| Q1 25 | -8.0% | 7.5% | ||
| Q4 24 | -12.9% | — | ||
| Q3 24 | 0.4% | 15.3% | ||
| Q2 24 | -12.1% | 14.0% | ||
| Q1 24 | -15.4% | 16.4% |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | $0.01 | — | ||
| Q2 24 | $-0.18 | — | ||
| Q1 24 | $-0.19 | — |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $337.2M | $156.2M |
| Total DebtLower is stronger | $2.1B | — |
| Stockholders' EquityBook value | $386.0M | $722.9M |
| Total Assets | $6.9B | $915.5M |
| Debt / EquityLower = less leverage | 5.44× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $337.2M | — | ||
| Q3 25 | $459.2M | $156.2M | ||
| Q2 25 | $408.6M | $156.2M | ||
| Q1 25 | $371.5M | $156.2M | ||
| Q4 24 | $421.6M | — | ||
| Q3 24 | $483.0M | $187.6M | ||
| Q2 24 | $533.2M | $187.6M | ||
| Q1 24 | $603.7M | $187.6M |
| Q4 25 | $2.1B | — | ||
| Q3 25 | $2.1B | — | ||
| Q2 25 | $2.1B | — | ||
| Q1 25 | $2.0B | — | ||
| Q4 24 | $2.0B | — | ||
| Q3 24 | $2.0B | — | ||
| Q2 24 | $2.0B | — | ||
| Q1 24 | $2.3B | — |
| Q4 25 | $386.0M | — | ||
| Q3 25 | $433.3M | $722.9M | ||
| Q2 25 | $439.1M | $722.9M | ||
| Q1 25 | $469.3M | $722.9M | ||
| Q4 24 | $506.6M | — | ||
| Q3 24 | $592.0M | $718.1M | ||
| Q2 24 | $578.9M | $718.1M | ||
| Q1 24 | $637.3M | $718.1M |
| Q4 25 | $6.9B | — | ||
| Q3 25 | $6.2B | $915.5M | ||
| Q2 25 | $6.2B | $915.5M | ||
| Q1 25 | $6.4B | $915.5M | ||
| Q4 24 | $6.3B | — | ||
| Q3 24 | $6.4B | $1.1B | ||
| Q2 24 | $5.9B | $1.1B | ||
| Q1 24 | $6.2B | $1.1B |
| Q4 25 | 5.44× | — | ||
| Q3 25 | 4.83× | — | ||
| Q2 25 | 4.70× | — | ||
| Q1 25 | 4.30× | — | ||
| Q4 24 | 4.00× | — | ||
| Q3 24 | 3.31× | — | ||
| Q2 24 | 3.41× | — | ||
| Q1 24 | 3.63× | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $-638.7M | $2.6M |
| Free Cash FlowOCF − Capex | $-648.0M | $-2.9M |
| FCF MarginFCF / Revenue | -208.9% | -0.8% |
| Capex IntensityCapex / Revenue | 3.0% | 1.5% |
| Cash ConversionOCF / Net Profit | — | 0.34× |
| TTM Free Cash FlowTrailing 4 quarters | $-734.6M | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-638.7M | — | ||
| Q3 25 | $43.4M | $2.6M | ||
| Q2 25 | $67.6M | — | ||
| Q1 25 | $-179.9M | — | ||
| Q4 24 | $47.7M | — | ||
| Q3 24 | $-349.2M | $105.2M | ||
| Q2 24 | $-278.3M | — | ||
| Q1 24 | $-278.5M | $17.8M |
| Q4 25 | $-648.0M | — | ||
| Q3 25 | $38.7M | $-2.9M | ||
| Q2 25 | $61.4M | — | ||
| Q1 25 | $-186.7M | — | ||
| Q4 24 | $40.8M | — | ||
| Q3 24 | $-356.4M | $104.7M | ||
| Q2 24 | $-285.7M | — | ||
| Q1 24 | $-283.3M | $17.6M |
| Q4 25 | -208.9% | — | ||
| Q3 25 | 12.0% | -0.8% | ||
| Q2 25 | 21.7% | — | ||
| Q1 25 | -68.2% | — | ||
| Q4 24 | 15.8% | — | ||
| Q3 24 | -113.3% | 20.6% | ||
| Q2 24 | -107.7% | — | ||
| Q1 24 | -127.2% | 12.2% |
| Q4 25 | 3.0% | — | ||
| Q3 25 | 1.5% | 1.5% | ||
| Q2 25 | 2.2% | — | ||
| Q1 25 | 2.5% | — | ||
| Q4 24 | 2.7% | — | ||
| Q3 24 | 2.3% | 0.1% | ||
| Q2 24 | 2.8% | — | ||
| Q1 24 | 2.1% | 0.1% |
| Q4 25 | — | — | ||
| Q3 25 | — | 0.34× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | -255.05× | 1.35× | ||
| Q2 24 | — | — | ||
| Q1 24 | — | 0.75× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
LDI
Segment breakdown not available.
PERI
| Advertising Solutions | $231.4M | 63% |
| Search Advertising | $137.3M | 37% |
