Income Statement - UWM Holdings Corp (UWMC)
$(Billion, Million)| Dec-25 | Dec-24 | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 | |
|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 3,160.57 | 1,905.87 | 1,113.95 | 2,146.65 | 2,833.68 | 4,849.81 | 1,232.20 | 502.17 | 455.62 |
| Cost of revenue | 454.53 | 534.20 | 358.93 | 336.40 | 349.96 | 203.55 | 183.28 | ||
| Gross profit | 2,706.04 | 1,371.67 | 755.02 | 1,810.25 | 2,483.72 | 4,646.26 | 1,048.92 | 502.17 | 455.62 |
| Total operating expenses | 873.29 | 1,035.71 | 831.31 | 875.58 | 905.48 | 1,261.30 | 633.86 | 325.21 | 287.51 |
| Operating income | 1,832.75 | 335.96 | -76.29 | 934.67 | 1,578.24 | 3,384.96 | 415.06 | 85.83 | 128.41 |
| Non-operating income (net) | -1,581.85 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 5.54 | -13.44 |
| Income before tax | 250.90 | 335.96 | -76.29 | 934.67 | 1,578.24 | 3,384.96 | 415.06 | 91.37 | 114.96 |
| Income tax expense | 6.87 | 6.58 | -6.51 | 2.81 | 9.84 | 2.45 | 2.45 | 0.06 | 0.36 |
| Net income | 27.38 | 14.40 | -13.23 | 41.72 | 98.45 | 3,382.51 | 415.06 | 91.32 | 114.60 |
Show Quarterly Income Statement
Income Statement - UWM Holdings Corp (UWMC)
$(Billion, Million)| Mar-26 | Dec-25 | Sep-25 | Jun-25 | Mar-25 | Dec-24 | Sep-24 | Jun-24 | Mar-24 | Dec-23 | Sep-23 | Jun-23 | Mar-23 | Dec-22 | Sep-22 | Jun-22 | Mar-22 | Dec-21 | Sep-21 | Jun-21 | Mar-21 | Dec-20 | Sep-20 | Jun-20 | Mar-20 | Dec-19 | Sep-19 | Jun-19 | Mar-19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 901.43 | 945.25 | 470.68 | 784.57 | 161.60 | 478.64 | 459.36 | 449.22 | 518.66 | -162.33 | 619.47 | 541.35 | 115.46 | 255.77 | 635.22 | 500.01 | 755.65 | 555.00 | 654.74 | 457.91 | 1,166.02 | 1,785.08 | 1,813.05 | 814.71 | 436.97 | 430.23 | 449.58 | 282.96 | 210.54 |
| Cost of revenue | 132.34 | 128.84 | 137.67 | 143.27 | 130.79 | 145.60 | 157.43 | 122.05 | 109.13 | 90.68 | 105.91 | 91.54 | 70.81 | 122.46 | 82.28 | 63.54 | 68.14 | 99.81 | 102.82 | 84.52 | 62.81 | 64.29 | 51.48 | 37.35 | 50.43 | ||||
| Gross profit | 769.09 | 816.41 | 333.02 | 641.30 | 30.81 | 333.04 | 301.93 | 327.17 | 409.53 | -253.00 | 513.57 | 449.81 | 44.65 | 133.31 | 552.94 | 436.47 | 687.52 | 455.19 | 551.92 | 373.39 | 1,103.21 | 1,720.79 | 1,761.58 | 777.35 | 386.54 | 430.23 | 449.58 | 282.96 | 210.54 |
| Total operating expenses | 438.28 | 256.91 | 320.35 | 311.89 | 291.63 | 290.71 | 269.64 | 250.10 | 225.26 | 215.41 | 211.84 | 219.80 | 184.26 | 202.57 | 222.56 | 220.26 | 230.19 | 223.36 | 218.58 | 233.22 | 230.32 | 348.05 | 309.94 | 237.12 | 366.19 | 236.33 | 210.63 | 188.63 | 137.38 |
| Operating income | 330.81 | 559.50 | 12.67 | 329.42 | -260.82 | 42.33 | 32.29 | 77.07 | 184.26 | -468.41 | 301.73 | 230.00 | -139.62 | -69.26 | 330.38 | 216.21 | 457.33 | 231.84 | 333.34 | 140.17 | 872.89 | 1,372.74 | 1,451.63 | 540.24 | 20.35 | 187.55 | 293.37 | 152.46 | 70.65 |
| Non-operating income (net) | -153.31 | -389.88 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -38.70 | -95.38 | -105.17 | -36.55 |
| Income before tax | 177.50 | 169.62 | 12.67 | 329.42 | -260.82 | 42.33 | 32.29 | 77.07 | 184.26 | -468.41 | 301.73 | 230.00 | -139.62 | -69.26 | 330.38 | 216.21 | 457.33 | 231.84 | 333.34 | 140.17 | 872.89 | 1,372.74 | 1,451.63 | 540.24 | 20.35 | 148.86 | 197.99 | 47.30 | 34.11 |
| Income tax expense | 7.13 | 5.14 | 0.58 | 14.94 | -13.79 | 1.72 | 0.34 | 0.79 | 3.73 | -7.45 | 0.73 | 1.21 | -1.00 | -6.77 | 4.77 | 0.77 | 4.05 | -7.99 | 3.48 | 1.46 | 12.89 | 0.95 | 0.75 | 0.75 | 0.13 | -0.01 | |||
| Net income | 25.30 | 19.41 | -1.26 | 22.91 | -13.68 | 8.92 | -6.30 | 3.05 | 8.73 | -27.08 | 18.23 | 7.56 | -11.94 | -0.28 | 11.70 | 8.37 | 21.93 | 16.95 | 25.25 | 8.26 | 47.99 | 1,371.79 | 1,450.88 | 539.49 | 20.35 | 148.86 | 197.99 | 47.30 | 34.11 |