Quarterly
Annual
| Unit: USD | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
revenue | |||||||||||||||||||
loan production income | 542,144,000 | 447,882,000 | 304,751,000 | 407,229,000 | 465,548,000 | 357,109,000 | 298,954,000 | 225,436,000 | 288,930,000 | 280,757,000 | 205,424,000 | 129,180,000 | 172,402,000 | 296,535,000 | 383,871,000 | 442,407,000 | 589,461,000 | 479,274,000 | 1,074,665,000 |
loan servicing income | 169,019,000 | 178,813,000 | 190,517,000 | 173,300,000 | 134,753,000 | 143,910,000 | 184,702,000 | 206,498,000 | 200,428,000 | 193,220,000 | 218,557,000 | 217,225,000 | 196,781,000 | 179,501,000 | 198,565,000 | 194,976,000 | 174,695,000 | 145,278,000 | 123,789,000 |
interest income | 132,089,000 | 132,005,000 | 118,102,000 | 140,067,000 | 145,297,000 | 121,394,000 | 101,863,000 | 87,901,000 | 94,849,000 | 88,895,000 | 74,580,000 | 106,837,000 | 78,210,000 | 62,020,000 | 67,395,000 | 104,601,000 | 102,063,000 | 79,194,000 | 45,912,000 |
total revenue | 843,252,000 | 758,700,000 | 613,370,000 | 560,207,000 | 526,434,000 | 507,094,000 | 569,956,000 | -114,583,000 | 677,116,000 | 587,520,000 | 161,274,000 | 302,434,000 | 684,173,000 | 564,225,000 | 821,794,000 | 605,457,000 | 690,314,000 | 484,652,000 | 1,189,870,000 |
other gains | -280,012,000 | 97,483,000 | |||||||||||||||||
change in fair value of mortgage servicing rights | -307,825,000 | -111,421,000 | -388,585,000 | 309,149,000 | -446,100,000 | -115,319,000 | -15,563,000 | -634,418,000 | 92,909,000 | 24,648,000 | -337,287,000 | -150,808,000 | 236,780,000 | 26,169,000 | 171,963,000 | -138,988,000 | -170,462,000 | -219,104,000 | -59,259,000 |
gain on other interest rate derivatives | 27,813,000 | 208,904,000 | 63,525,500 | 226,936,000 | |||||||||||||||
expenses | |||||||||||||||||||
salaries, commissions and benefits | 222,760,000 | 211,461,000 | 192,800,000 | 193,155,000 | 181,453,000 | 160,311,000 | 154,241,000 | 142,515,000 | 135,333,000 | 131,380,000 | 121,003,000 | 118,266,000 | 135,028,000 | 138,983,000 | 160,609,000 | 146,697,000 | 164,971,000 | 172,951,000 | 213,061,000 |
direct loan production costs | 64,213,000 | 46,330,000 | 43,127,000 | 54,958,000 | 58,398,000 | 45,485,000 | 31,436,000 | 27,977,000 | 36,184,000 | 23,618,000 | 16,483,000 | 17,396,000 | 20,498,000 | 25,757,000 | 26,718,000 | 25,292,000 | 18,980,000 | 15,518,000 | 13,162,000 |
marketing, travel, and entertainment | 23,410,000 | 26,379,000 | 22,190,000 | 30,771,000 | 22,462,000 | 24,438,000 | 19,111,000 | 25,600,000 | 20,117,000 | 21,588,000 | 17,210,000 | 22,976,000 | 17,730,000 | 20,625,000 | 12,837,000 | 25,334,000 | 14,138,000 | 11,330,000 | 10,495,000 |
depreciation and amortization | 12,747,000 | 12,200,000 | 11,340,000 | 11,094,000 | 11,636,000 | 11,404,000 | 11,340,000 | 11,472,000 | 11,563,000 | 11,441,000 | 11,670,000 | 11,713,000 | 11,426,000 | 11,181,000 | 10,915,000 | 10,422,000 | 9,034,000 | 8,353,000 | 7,289,000 |
general and administrative | 62,243,000 | 59,999,000 | 68,148,000 | 60,314,000 | 53,664,000 | 55,051,000 | 40,809,000 | 38,209,000 | 44,904,000 | 52,691,000 | 34,619,000 | 49,668,000 | 51,649,000 | 39,909,000 | 38,323,000 | 36,467,000 | 39,148,000 | 42,116,000 | 16,778,000 |
servicing costs | 33,928,000 | 35,083,000 | 30,434,000 | 29,866,000 | 25,009,000 | 25,787,000 | 30,324,000 | 29,632,000 | 33,640,000 | 31,658,000 | 36,862,000 | 36,809,000 | 37,596,000 | 44,435,000 | 47,184,000 | 36,200,000 | 29,192,000 | 23,067,000 | 20,508,000 |
interest expense | 132,084,000 | 133,467,000 | 120,410,000 | 142,342,000 | 141,102,000 | 108,651,000 | 98,668,000 | 80,811,000 | 93,724,000 | 82,437,000 | 63,284,000 | 114,918,000 | 73,136,000 | 57,559,000 | 60,374,000 | 88,772,000 | 90,221,000 | 72,673,000 | 52,990,000 |
other income | -815,000 | 1,846,000 | -2,848,000 | -4,625,000 | 421,000 | -1,105,000 | -237,000 | -2,391,000 | -76,000 | 2,703,000 | |||||||||
total expenses | 550,570,000 | 526,765,000 | 485,601,000 | 517,875,000 | 494,145,000 | 430,022,000 | 385,692,000 | 353,825,000 | 375,389,000 | 357,516,000 | 300,890,000 | 371,692,000 | 353,792,000 | 348,011,000 | 364,462,000 | 373,621,000 | 356,974,000 | 344,478,000 | 316,979,000 |
earnings before income taxes | 12,670,000 | 329,418,000 | -260,816,000 | 42,332,000 | 32,289,000 | 77,072,000 | 184,264,000 | -468,408,000 | 301,727,000 | 230,004,000 | -139,616,000 | -69,258,000 | 330,381,000 | 216,214,000 | 457,332,000 | 231,836,000 | 333,340,000 | 140,174,000 | 872,891,000 |
benefit from income taxes | 582,000 | 14,939,000 | 1,215,750 | 344,000 | 786,000 | 235,250 | 734,000 | 1,210,000 | -6,774,000 | 4,771,000 | 769,000 | 4,045,000 | -7,990,000 | 3,483,000 | 1,462,000 | 12,886,000 | |||
net income | 12,088,000 | 314,479,000 | -247,028,000 | 40,613,000 | 31,945,000 | 76,286,000 | 180,531,000 | -460,956,000 | 300,993,000 | 228,794,000 | -138,613,000 | -62,484,000 | 325,610,000 | 215,445,000 | 453,287,000 | 239,826,000 | 329,857,000 | 138,712,000 | 860,005,000 |
yoy | -62.16% | 312.24% | -236.83% | -108.81% | -89.39% | -66.66% | -230.24% | 637.72% | -7.56% | 6.20% | -130.58% | -126.05% | -1.29% | 55.32% | -47.29% | ||||
qoq | -96.16% | -227.31% | -708.25% | 27.13% | -58.12% | -57.74% | -139.16% | -253.15% | 31.56% | -265.06% | 121.84% | -119.19% | 51.13% | -52.47% | 89.01% | -27.29% | 137.80% | -83.87% | |
net income margin % | |||||||||||||||||||
net income attributable to non-controlling interest | 13,350,000 | 291,570,000 | -233,349,000 | 31,694,000 | 38,240,000 | 73,236,000 | 171,801,000 | -433,878,000 | 282,762,000 | 221,236,000 | -126,672,000 | -62,207,000 | 313,914,000 | 207,079,000 | 431,357,000 | 222,876,000 | 304,611,000 | 130,448,000 | 812,020,000 |
net income attributable to uwm holdings corporation | -1,262,000 | 22,909,000 | -13,679,000 | 8,919,000 | -6,295,000 | 3,050,000 | 8,730,000 | -27,078,000 | 18,231,000 | 7,558,000 | -11,941,000 | -277,000 | 11,696,000 | 8,366,000 | 21,930,000 | 16,950,000 | 25,246,000 | 8,264,000 | 47,985,000 |
earnings per share of class a common stock | |||||||||||||||||||
basic | -0.01 | 0.11 | -0.08 | 0.07 | -0.06 | 0.03 | 0.09 | -0.29 | 0.2 | 0.08 | -0.13 | 0.13 | 0.09 | 0.24 | 0.18 | 0.25 | 0.08 | 0.47 | |
diluted | -0.01 | 0.11 | -0.12 | 0.07 | -0.06 | 0.03 | 0.09 | -0.29 | 0.15 | 0.08 | -0.13 | 0.13 | 0.09 | 0.22 | 0.11 | 0.16 | 0.07 | 0.33 | |
weighted-average shares outstanding: | |||||||||||||||||||
basic | 221,354,499 | 202,133,122 | 164,100,022 | 111,374,469 | 99,801,301 | 95,387,609 | 94,365,991 | 93,245,373 | 93,290,736 | 93,107,133 | 92,920,794 | 92,475,170 | 92,571,886 | 92,533,620 | 92,214,594 | 100,881,094 | 101,106,023 | 102,760,823 | 103,104,205 |
diluted | 221,354,499 | 202,133,122 | 1,598,383,240 | 111,374,469 | 99,801,301 | 95,387,609 | 1,598,647,205 | 93,245,373 | 1,596,624,780 | 93,107,133 | 92,920,794 | 92,475,170 | 92,571,886 | 92,533,620 | 1,594,284,381 | 1,603,157,640 | 1,603,710,511 | 1,605,067,478 | 1,605,173,992 |
msr valuation adjustments | -388,585,000 | ||||||||||||||||||
benefit for income taxes | -13,788,000 | 3,733,000 | -1,003,000 | ||||||||||||||||
other income/ | -241,000 | -54,000 | 6,729,000 | 9,562,000 | 7,502,000 | ||||||||||||||
gain on sale of mortgage servicing rights | 2,461,000 | -5,443,000 | 10,000 | 4,763,000 | |||||||||||||||
amortization, impairment and pay-offs of mortgage servicing rights | |||||||||||||||||||
other (income)/expense | 4,437,000 | -8,710,000 | -1,530,000 | -17,304,000 |
The information provided in this report is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.