vs
Side-by-side financial comparison of loanDepot, Inc. (LDI) and Wingstop Inc. (WING). Click either name above to swap in a different company.
loanDepot, Inc. is the larger business by last-quarter revenue ($310.3M vs $183.7M, roughly 1.7× Wingstop Inc.). Wingstop Inc. runs the higher net margin — 16.3% vs -7.2%, a 23.5% gap on every dollar of revenue. On growth, loanDepot, Inc. posted the faster year-over-year revenue change (20.5% vs 7.4%). Over the past eight quarters, loanDepot, Inc.'s revenue compounded faster (18.0% CAGR vs 8.6%).
LoanDepot, sometimes stylized as loanDepot, is an Irvine, California-based nonbank holding company which sells mortgage and non-mortgage lending products.
Wingstop Inc. is an American international fast food chain that primarily sells buffalo wings. Wingstop locations are decorated with a 1930s and 1940s pre-jet aviation theme.
LDI vs WING — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $310.3M | $183.7M |
| Net Profit | $-22.5M | $29.9M |
| Gross Margin | — | 86.5% |
| Operating Margin | -10.3% | 27.4% |
| Net Margin | -7.2% | 16.3% |
| Revenue YoY | 20.5% | 7.4% |
| Net Profit YoY | 32.4% | — |
| EPS (diluted) | — | $1.08 |
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.
| Q1 26 | — | $183.7M | ||
| Q4 25 | $310.3M | $175.7M | ||
| Q3 25 | $323.3M | $175.7M | ||
| Q2 25 | $282.5M | $174.3M | ||
| Q1 25 | $273.6M | $171.1M | ||
| Q4 24 | $257.5M | $161.8M | ||
| Q3 24 | $314.6M | $162.5M | ||
| Q2 24 | $265.4M | $155.7M |
| Q1 26 | — | $29.9M | ||
| Q4 25 | $-22.5M | $26.8M | ||
| Q3 25 | $-4.9M | $28.5M | ||
| Q2 25 | $-13.4M | $26.8M | ||
| Q1 25 | $-21.9M | $92.3M | ||
| Q4 24 | $-33.2M | $26.8M | ||
| Q3 24 | $1.4M | $25.7M | ||
| Q2 24 | $-32.2M | $27.5M |
| Q1 26 | — | 86.5% | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 85.6% | ||
| Q3 24 | — | 85.0% | ||
| Q2 24 | — | 85.4% |
| Q1 26 | — | 27.4% | ||
| Q4 25 | -10.3% | 26.7% | ||
| Q3 25 | -3.2% | 27.9% | ||
| Q2 25 | -11.4% | 25.9% | ||
| Q1 25 | -16.8% | 22.4% | ||
| Q4 24 | -32.7% | 25.9% | ||
| Q3 24 | 1.1% | 24.5% | ||
| Q2 24 | -29.1% | 26.5% |
| Q1 26 | — | 16.3% | ||
| Q4 25 | -7.2% | 15.2% | ||
| Q3 25 | -1.5% | 16.2% | ||
| Q2 25 | -4.7% | 15.4% | ||
| Q1 25 | -8.0% | 53.9% | ||
| Q4 24 | -12.9% | 16.5% | ||
| Q3 24 | 0.4% | 15.8% | ||
| Q2 24 | -12.1% | 17.7% |
| Q1 26 | — | $1.08 | ||
| Q4 25 | — | $0.99 | ||
| Q3 25 | — | $1.02 | ||
| Q2 25 | — | $0.96 | ||
| Q1 25 | — | $3.24 | ||
| Q4 24 | — | $0.91 | ||
| Q3 24 | $0.01 | $0.88 | ||
| Q2 24 | $-0.18 | $0.93 |
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 | $128.8M |
| Total DebtLower is stronger | $2.1B | — |
| Stockholders' EquityBook value | $386.0M | — |
| Total Assets | $6.9B | $648.9M |
| Debt / EquityLower = less leverage | 5.44× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $128.8M | ||
| Q4 25 | $337.2M | $196.6M | ||
| Q3 25 | $459.2M | $237.6M | ||
| Q2 25 | $408.6M | $227.9M | ||
| Q1 25 | $371.5M | $251.4M | ||
| Q4 24 | $421.6M | $315.9M | ||
| Q3 24 | $483.0M | $84.0M | ||
| Q2 24 | $533.2M | $96.7M |
| Q1 26 | — | — | ||
| Q4 25 | $2.1B | $1.2B | ||
| Q3 25 | $2.1B | — | ||
| Q2 25 | $2.1B | — | ||
| Q1 25 | $2.0B | — | ||
| Q4 24 | $2.0B | $1.2B | ||
| Q3 24 | $2.0B | — | ||
| Q2 24 | $2.0B | — |
| Q1 26 | — | — | ||
| Q4 25 | $386.0M | $-736.8M | ||
| Q3 25 | $433.3M | $-702.6M | ||
| Q2 25 | $439.1M | $-686.0M | ||
| Q1 25 | $469.3M | $-715.0M | ||
| Q4 24 | $506.6M | $-675.6M | ||
| Q3 24 | $592.0M | $-447.5M | ||
| Q2 24 | $578.9M | $-437.5M |
| Q1 26 | — | $648.9M | ||
| Q4 25 | $6.9B | $693.4M | ||
| Q3 25 | $6.2B | $721.0M | ||
| Q2 25 | $6.2B | $708.3M | ||
| Q1 25 | $6.4B | $696.8M | ||
| Q4 24 | $6.3B | $716.2M | ||
| Q3 24 | $6.4B | $484.8M | ||
| Q2 24 | $5.9B | $451.8M |
| Q1 26 | — | — | ||
| 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× | — |
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 | — |
| Free Cash FlowOCF − Capex | $-648.0M | — |
| FCF MarginFCF / Revenue | -208.9% | — |
| Capex IntensityCapex / Revenue | 3.0% | — |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $-734.6M | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $-638.7M | $57.3M | ||
| Q3 25 | $43.4M | $63.9M | ||
| Q2 25 | $67.6M | $6.6M | ||
| Q1 25 | $-179.9M | $25.3M | ||
| Q4 24 | $47.7M | $7.7M | ||
| Q3 24 | $-349.2M | $69.0M | ||
| Q2 24 | $-278.3M | $36.2M |
| Q1 26 | — | — | ||
| Q4 25 | $-648.0M | $34.5M | ||
| Q3 25 | $38.7M | $61.7M | ||
| Q2 25 | $61.4M | $-7.8M | ||
| Q1 25 | $-186.7M | $17.3M | ||
| Q4 24 | $40.8M | $-8.6M | ||
| Q3 24 | $-356.4M | $54.9M | ||
| Q2 24 | $-285.7M | $25.9M |
| Q1 26 | — | — | ||
| Q4 25 | -208.9% | 19.6% | ||
| Q3 25 | 12.0% | 35.1% | ||
| Q2 25 | 21.7% | -4.5% | ||
| Q1 25 | -68.2% | 10.1% | ||
| Q4 24 | 15.8% | -5.3% | ||
| Q3 24 | -113.3% | 33.8% | ||
| Q2 24 | -107.7% | 16.6% |
| Q1 26 | — | — | ||
| Q4 25 | 3.0% | 13.0% | ||
| Q3 25 | 1.5% | 1.3% | ||
| Q2 25 | 2.2% | 8.2% | ||
| Q1 25 | 2.5% | 4.7% | ||
| Q4 24 | 2.7% | 10.1% | ||
| Q3 24 | 2.3% | 8.7% | ||
| Q2 24 | 2.8% | 6.6% |
| Q1 26 | — | — | ||
| Q4 25 | — | 2.14× | ||
| Q3 25 | — | 2.24× | ||
| Q2 25 | — | 0.25× | ||
| Q1 25 | — | 0.27× | ||
| Q4 24 | — | 0.29× | ||
| Q3 24 | -255.05× | 2.68× | ||
| Q2 24 | — | 1.32× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
LDI
Segment breakdown not available.
WING
| Royalty revenue, franchise fees and other | $87.5M | 48% |
| Advertising fees | $63.3M | 34% |
| Company-owned restaurant sales | $33.0M | 18% |
