UWM Holdings Corporation (UWMC)

UWM Holdings Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	677.38	636.67	818.7	792.07	638.74	288.3
Other Revenue	1,945	1,822	1,347	1,296	2,918	4,713
Revenue	2,623	2,459	2,165	2,089	3,556	5,001
Revenue Growth (YoY)	13.44%	13.54%	3.69%	-41.27%	-28.89%	284.42%
Gross Profit	2,623	2,459	2,165	2,089	3,556	5,001
Selling, General & Admin	1,243	1,107	916.96	972.63	1,002	742.2
Amortization of Goodwill & Intangibles	-	-	-	-	-	553.53
Other Operating Expenses	658.03	485.28	958.41	-193.74	660.77	54.46
Operating Expenses	1,947	1,638	1,922	824.13	1,698	1,367
Operating Income	675.34	821.17	243.96	1,264	1,858	3,634
Interest Expense	-537.32	-490.76	-320.26	-305.99	-304.66	-167.04
Other Non Operating Income (Expenses)	1.65	5.02	-4.49	4.48	24.17	-
EBT Excluding Unusual Items	139.67	335.43	-80.78	962.89	1,578	3,467
Gain (Loss) on Sale of Investments	3.55	0.53	4.49	-28.22	-1.06	-
Gain (Loss) on Sale of Assets	-	-	-	-	1.79	-62.29
Asset Writedown	-	-	-	-	-	-19.58
Pretax Income	143.22	335.96	-76.29	934.67	1,578	3,385
Income Tax Expense	3.21	6.58	-6.51	2.81	9.84	2.45
Earnings From Continuing Operations	140.01	329.38	-69.78	931.86	1,568	3,383
Minority Interest in Earnings	-128.16	-314.97	56.55	-890.14	-1,470	-
Net Income	11.85	14.4	-13.23	41.72	98.45	3,383
Net Income to Common	11.85	14.4	-13.23	41.72	98.45	3,383
Net Income Growth	304.16%	-	-	-57.63%	-97.09%	714.95%
Shares Outstanding (Basic)	156	111	93	92	101	-
Shares Outstanding (Diluted)	863	111	93	92	1,603	-
Shares Change (YoY)	816.67%	19.44%	0.83%	-94.23%	-	-
EPS (Basic)	0.08	0.13	-0.14	0.45	0.98	-
EPS (Diluted)	0.07	0.13	-0.14	0.45	0.66	-
EPS Growth	112.84%	-	-	-32.24%	-	-
Free Cash Flow	-2,456	-6,281	138.81	8,242	-10,022	-0.88
Free Cash Flow Per Share	-2.85	-56.40	1.49	89.12	-6.25	-
Dividend Per Share	0.400	0.400	0.400	0.400	0.400	-
Gross Margin	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Operating Margin	25.75%	33.40%	11.27%	60.54%	52.24%	72.67%
Profit Margin	0.45%	0.59%	-0.61%	2.00%	2.77%	67.64%
Free Cash Flow Margin	-93.64%	-255.46%	6.41%	394.61%	-281.82%	-0.02%
EBITDA	726.28	869.95	294.02	1,314	1,896	3,903
EBITDA Margin	27.69%	35.38%	13.58%	62.91%	53.31%	78.05%
D&A For EBITDA	50.94	48.78	50.06	49.4	38.03	269.59
EBIT	675.34	821.17	243.96	1,264	1,858	3,634
EBIT Margin	25.75%	33.40%	11.27%	60.54%	52.24%	72.67%
Effective Tax Rate	2.24%	1.96%	-	0.30%	0.62%	0.07%
Revenue as Reported	2,328	2,164	1,311	2,373	2,970	4,939

Updated Aug 7, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q