UWM (UWMC)
Originates and services U.S. residential mortgages exclusively through independent brokers.
$1.26
After hours−0.00 (−0.40%)
At close$1.27(+0.40%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 619 | −162 | 519 | 449 | 459 | 479 | 162 | 785 | 471 | 945 | 901 | 888 |
| Cost of revenue | 106 | 91 | 109 | 122 | 157 | 146 | 131 | 143 | 138 | 129 | 132 | 72 |
| Gross profit | 514 | −253 | 410 | 327 | 302 | 333 | 31 | 641 | 333 | 816 | 769 | 816 |
| 212 | 215 | 225 | 250 | 270 | 291 | 292 | 312 | 320 | 257 | 438 | 767 | |
| 200 | 206 | 214 | 240 | 258 | 284 | 283 | 298 | 308 | −519 | 90 | 338 | |
| Selling & marketing | 20 | 26 | 19 | 24 | 22 | 31 | 22 | 26 | 23 | 34 | 31 | 36 |
| General & administrative | 180 | 181 | 195 | 215 | 235 | 253 | 261 | 271 | 285 | −553 | 59 | 303 |
| Other expenses | 11 | 9 | 11 | 10 | 12 | 6 | 8 | 14 | 12 | 776 | 348 | 428 |
| Operating income | 302 | −468 | 184 | 77 | 32 | 42 | −261 | 329 | 13 | 560 | 331 | 49 |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | −390 | −153 | −522 | |
| Interest income | 95 | 88 | 102 | 121 | 145 | 140 | 118 | 132 | 132 | 155 | 133 | 140 |
| Interest expense | 94 | 81 | 99 | 109 | 141 | 142 | 120 | 133 | 132 | 145 | 141 | 159 |
| Other non-operating income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 245 | 13 | 15 |
| Income before tax | 302 | −468 | 184 | 77 | 32 | 42 | −261 | 329 | 13 | 170 | 178 | −473 |
| Income tax expense | 1 | −7 | 4 | 1 | 0 | 2 | −14 | 15 | 1 | 5 | 7 | −21 |
| Net income from continuing operations | 301 | −461 | 181 | 76 | 32 | 41 | −247 | 314 | 12 | 164 | 170 | −452 |
| Net income | 18 | −27 | 9 | 3 | −6 | 9 | −14 | 23 | −1 | 19 | 25 | −81 |
| EPS, basic | $0.20 | −$0.29 | $0.09 | $0.03 | −$0.06 | $0.06 | −$0.09 | $0.11 | −$0.01 | $0.08 | $0.09 | −$0.24 |
| EPS, diluted | $0.20 | −$0.29 | $0.09 | $0.03 | −$0.06 | $0.07 | −$0.09 | $0.11 | −$0.01 | $0.08 | $0.09 | −$0.24 |
| Weighted average shares, basic | 93 | 93 | 94 | 95 | 100 | 156 | 154 | 202 | 221 | 257 | 211 | 211 |
| Weighted average shares, diluted | 93 | 93 | 95 | 95 | 100 | 156 | 154 | 202 | 221 | 257 | 211 | 211 |
| EBITDA | 315 | −456 | 197 | 89 | 45 | 54 | −248 | 343 | 27 | 328 | 333 | 49 |
| Depreciation & amortization | 13 | 12 | 12 | 12 | 13 | 12 | 13 | 14 | 14 | 14 | 14 | 15 |
| EBIT | 302 | −468 | 184 | 77 | 32 | 42 | −261 | 329 | 13 | 314 | 318 | 34 |