UWM Holdings Corporation (UWMC) — Financial statements
Income statement, balance sheet, and cash flow for UWM Holdings Corporation — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 3,161↑65.8% | 1,906↑71.1% | 1,114↓48.1% | 2,147↓24.2% | 2,834 | |
| Cost of Revenue | 455↓14.9% | 534↑48.8% | 359↑6.7% | 336↓3.9% | 350 | |
| Gross Profit | 2,706↑97.3% | 1,372↑81.7% | 755↓58.3% | 1,810↓27.1% | 2,484 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 264↓70.6% | 899↑28.3% | 701↓4.3% | 732↓11.9% | 831 | |
| Selling & Marketing Expenses | 106↑9.7% | 97↑14.5% | 85↑14.0% | 74↑18.7% | 62 | |
| SG&A Expenses | 370↓62.8% | 996↑26.8% | 785↓2.7% | 807↓9.7% | 893 | |
| Other Expenses | 503↑1159.9% | 40↓13.5% | 46↓33.1% | 69↑475.2% | 12 | |
| Operating Expenses | 873↓15.7% | 1,036↑24.6% | 831↓5.1% | 876↓3.3% | 905 | |
| Total Costs & Expenses | 1,328↓15.4% | 1,570↑31.9% | 1,190↓1.8% | 1,212↓3.5% | 1,255 | |
| Operating Results | ||||||
| Operating Income | 1,833↑445.5% | 336↑540.4% | -76↓108.2% | 935↓40.8% | 1,578 | |
| Depreciation & Amortization | 50↑2.6% | 49↓2.6% | 50↑1.3% | 49↑29.9% | 38 | |
| EBITDA | 832↑116.2% | 385↑1566.6% | -26↓102.7% | 984↓39.1% | 1,616 | |
| EBIT | 782↑132.7% | 336↑540.4% | -76↓108.2% | 935↓40.8% | 1,578 | |
| Interest & Other Income | ||||||
| Net Interest Income | 7↓61.4% | 18↓31.2% | 26↑206.4% | 8↓68.7% | 27 | |
| Interest Income | 538↑5.7% | 509↑46.9% | 346↑10.1% | 314↓5.2% | 332 | |
| Interest Expense | 531↑8.2% | 491↑53.2% | 320↑4.7% | 306↑0.4% | 305 | |
| Non-Operating Income | 1,051 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Other Income / Expenses | -1,582 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Income Before Tax | 251↓25.3% | 336↑540.4% | -76↓108.2% | 935↓40.8% | 1,578 | |
| Income Tax Expense | 7↑4.4% | 7↑201.1% | -7↓331.6% | 3↓71.4% | 10 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 244↓25.9% | 329↑572.0% | -70↓107.5% | 932↓40.6% | 1,568 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 27↑90.1% | 14↑208.9% | -13↓131.7% | 42↓57.6% | 98 | |
| Bottom-Line Net Income | 27↑90.1% | 14↑208.9% | -13↓131.7% | 42↓57.6% | 98 | |
| EPS (Basic) | 0.13↑0.0% | 0.13↑192.9% | -0.14↓131.1% | 0.45↓54.1% | 0.98 | |
| EPS (Diluted) | 0.12↓7.7% | 0.13↑192.9% | -0.14↓131.1% | 0.45↓31.8% | 0.66 | |
| Weighted Average Shares | 211↑89.8% | 111↑19.4% | 93↑0.8% | 92↓8.3% | 101 | |
| Weighted Average Diluted Shares | 211↑89.8% | 111↑19.4% | 93↑0.8% | 92↓94.2% | 1,603 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.