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Side-by-side financial comparison of loanDepot, Inc. (LDI) and Unity Software Inc. (U). Click either name above to swap in a different company.

Unity Software Inc. is the larger business by last-quarter revenue ($503.1M vs $310.3M, roughly 1.6× loanDepot, Inc.). loanDepot, Inc. runs the higher net margin — -7.2% vs -17.9%, a 10.6% gap on every dollar of revenue. On growth, loanDepot, Inc. posted the faster year-over-year revenue change (20.5% vs 10.1%). Unity Software Inc. produced more free cash flow last quarter ($118.7M vs $-648.0M). Over the past eight quarters, loanDepot, Inc.'s revenue compounded faster (18.0% CAGR vs 4.5%).

LoanDepot, sometimes stylized as loanDepot, is an Irvine, California-based nonbank holding company which sells mortgage and non-mortgage lending products.

Unity Software Inc. is an American video game software development company based in San Francisco. It was founded in Denmark in 2004 as Over the Edge Entertainment and changed its name in 2007. Unity Technologies is best known for the development of Unity, a licensed game engine used to create video games and other applications.

LDI vs U — Head-to-Head

Bigger by revenue
U
U
1.6× larger
U
$503.1M
$310.3M
LDI
Growing faster (revenue YoY)
LDI
LDI
+10.4% gap
LDI
20.5%
10.1%
U
Higher net margin
LDI
LDI
10.6% more per $
LDI
-7.2%
-17.9%
U
More free cash flow
U
U
$766.7M more FCF
U
$118.7M
$-648.0M
LDI
Faster 2-yr revenue CAGR
LDI
LDI
Annualised
LDI
18.0%
4.5%
U

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
LDI
LDI
U
U
Revenue
$310.3M
$503.1M
Net Profit
$-22.5M
$-90.0M
Gross Margin
74.3%
Operating Margin
-10.3%
-21.2%
Net Margin
-7.2%
-17.9%
Revenue YoY
20.5%
10.1%
Net Profit YoY
32.4%
26.7%
EPS (diluted)
$-0.21

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.

Revenue
LDI
LDI
U
U
Q4 25
$310.3M
$503.1M
Q3 25
$323.3M
$470.6M
Q2 25
$282.5M
$440.9M
Q1 25
$273.6M
$435.0M
Q4 24
$257.5M
$457.1M
Q3 24
$314.6M
$446.5M
Q2 24
$265.4M
$449.3M
Q1 24
$222.8M
$460.4M
Net Profit
LDI
LDI
U
U
Q4 25
$-22.5M
$-90.0M
Q3 25
$-4.9M
$-126.4M
Q2 25
$-13.4M
$-108.8M
Q1 25
$-21.9M
$-77.6M
Q4 24
$-33.2M
$-122.7M
Q3 24
$1.4M
$-124.7M
Q2 24
$-32.2M
$-125.6M
Q1 24
$-34.3M
$-291.1M
Gross Margin
LDI
LDI
U
U
Q4 25
74.3%
Q3 25
74.4%
Q2 25
74.1%
Q1 25
73.8%
Q4 24
74.7%
Q3 24
74.9%
Q2 24
75.8%
Q1 24
68.6%
Operating Margin
LDI
LDI
U
U
Q4 25
-10.3%
-21.2%
Q3 25
-3.2%
-26.7%
Q2 25
-11.4%
-26.9%
Q1 25
-16.8%
-29.4%
Q4 24
-32.7%
-27.1%
Q3 24
1.1%
-28.5%
Q2 24
-29.1%
-28.8%
Q1 24
-38.2%
-81.4%
Net Margin
LDI
LDI
U
U
Q4 25
-7.2%
-17.9%
Q3 25
-1.5%
-26.9%
Q2 25
-4.7%
-24.7%
Q1 25
-8.0%
-17.8%
Q4 24
-12.9%
-26.8%
Q3 24
0.4%
-27.9%
Q2 24
-12.1%
-28.0%
Q1 24
-15.4%
-63.2%
EPS (diluted)
LDI
LDI
U
U
Q4 25
$-0.21
Q3 25
$-0.30
Q2 25
$-0.26
Q1 25
$-0.19
Q4 24
$-0.30
Q3 24
$0.01
$-0.31
Q2 24
$-0.18
$-0.32
Q1 24
$-0.19
$-0.75

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
LDI
LDI
U
U
Cash + ST InvestmentsLiquidity on hand
$337.2M
$2.1B
Total DebtLower is stronger
$2.1B
Stockholders' EquityBook value
$386.0M
$3.2B
Total Assets
$6.9B
$6.8B
Debt / EquityLower = less leverage
5.44×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LDI
LDI
U
U
Q4 25
$337.2M
$2.1B
Q3 25
$459.2M
$1.9B
Q2 25
$408.6M
$1.7B
Q1 25
$371.5M
$1.5B
Q4 24
$421.6M
$1.5B
Q3 24
$483.0M
$1.4B
Q2 24
$533.2M
$1.3B
Q1 24
$603.7M
$1.2B
Total Debt
LDI
LDI
U
U
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
Stockholders' Equity
LDI
LDI
U
U
Q4 25
$386.0M
$3.2B
Q3 25
$433.3M
$3.2B
Q2 25
$439.1M
$3.2B
Q1 25
$469.3M
$3.2B
Q4 24
$506.6M
$3.2B
Q3 24
$592.0M
$3.2B
Q2 24
$578.9M
$3.2B
Q1 24
$637.3M
$3.2B
Total Assets
LDI
LDI
U
U
Q4 25
$6.9B
$6.8B
Q3 25
$6.2B
$6.8B
Q2 25
$6.2B
$6.7B
Q1 25
$6.4B
$6.6B
Q4 24
$6.3B
$6.7B
Q3 24
$6.4B
$6.7B
Q2 24
$5.9B
$6.7B
Q1 24
$6.2B
$6.8B
Debt / Equity
LDI
LDI
U
U
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
LDI
LDI
U
U
Operating Cash FlowLast quarter
$-638.7M
$121.4M
Free Cash FlowOCF − Capex
$-648.0M
$118.7M
FCF MarginFCF / Revenue
-208.9%
23.6%
Capex IntensityCapex / Revenue
3.0%
0.5%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-734.6M
$403.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
LDI
LDI
U
U
Q4 25
$-638.7M
$121.4M
Q3 25
$43.4M
$155.4M
Q2 25
$67.6M
$133.1M
Q1 25
$-179.9M
$13.0M
Q4 24
$47.7M
$112.2M
Q3 24
$-349.2M
$122.4M
Q2 24
$-278.3M
$88.4M
Q1 24
$-278.5M
$-7.4M
Free Cash Flow
LDI
LDI
U
U
Q4 25
$-648.0M
$118.7M
Q3 25
$38.7M
$151.3M
Q2 25
$61.4M
$126.7M
Q1 25
$-186.7M
$7.3M
Q4 24
$40.8M
$105.8M
Q3 24
$-356.4M
$115.2M
Q2 24
$-285.7M
$79.6M
Q1 24
$-283.3M
$-14.6M
FCF Margin
LDI
LDI
U
U
Q4 25
-208.9%
23.6%
Q3 25
12.0%
32.1%
Q2 25
21.7%
28.7%
Q1 25
-68.2%
1.7%
Q4 24
15.8%
23.1%
Q3 24
-113.3%
25.8%
Q2 24
-107.7%
17.7%
Q1 24
-127.2%
-3.2%
Capex Intensity
LDI
LDI
U
U
Q4 25
3.0%
0.5%
Q3 25
1.5%
0.9%
Q2 25
2.2%
1.5%
Q1 25
2.5%
1.3%
Q4 24
2.7%
1.4%
Q3 24
2.3%
1.6%
Q2 24
2.8%
2.0%
Q1 24
2.1%
1.6%
Cash Conversion
LDI
LDI
U
U
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
-255.05×
Q2 24
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

LDI
LDI

Segment breakdown not available.

U
U

Grow Solutions$338.2M67%
Create Solutions$164.9M33%

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