UWM Holdings Corp (UWMC) Financial Statements
Industry: Mortgage Bankers & Loan Correspondents
In fiscal 2025, UWM reported revenue of $3.16B, up 46.1% from $2.16B the year before. Net income was $27.4M (a 0.9% net margin), or $0.12 per diluted share. Operating activities generated -$2.65B of cash, leaving -$2.72B of free cash flow. At fiscal year end, UWM held $16.93B in total assets against $15.34B in total liabilities, including $503.4M of cash and equivalents.
Open the full interactive UWM financials → Quarterly statements, key ratios, valuation history and price charts.
UWM Key Stats
| Share Price | $1.03 |
|---|---|
| Market Cap | $347.7M |
| P/E Ratio | 8.6 |
| Dividend Yield | 29.88% |
| Revenue YoY Growth | +46.1% |
| 52-Week Range | $1.02 – $5.67 |
| Shares Outstanding | 337.5 million (basic, 2026 Q2) |
UWM Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $0 | $2.97B | $2.37B | $1.31B | $2.16B | $3.16B |
| Cost of Goods Sold | $0 | — | — | — | — | — |
| Gross Profit | $0 | — | — | — | — | — |
| Operating Income | -$6.8M | — | — | — | — | — |
| Pre-Tax Income | -$5.7M | $1.58B | $934.7M | -$76.3M | $336.0M | $250.9M |
| Income Tax | $81,002 | $9.8M | $2.8M | -$6.5M | $6.6M | $6.9M |
| Net Income | -$5.8M | $98.4M | $41.7M | -$13.2M | $14.4M | $27.4M |
| Diluted EPS | -$0.12 | $0.66 | $0.45 | -$0.14 | $0.13 | $0.12 |
UWM Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $843.3M | $945.2M | $901.4M | $888.0M |
| Net Income | -$1.3M | $19.4M | $25.3M | -$80.6M |
| Diluted EPS | -$0.01 | $0.01 | $0.09 | -$0.24 |
UWM Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $50,573 | $731.1M | $704.9M | $497.5M | $507.3M | $503.4M |
| Current Assets | $234,462 | — | — | — | — | — |
| Total Assets | $425.6M | $22.53B | $13.60B | $11.87B | $15.67B | $16.93B |
| Current Liabilities | $5.2M | — | — | — | — | — |
| Total Long-Term Debt | — | $2.00B | $2.00B | $2.00B | $2.79B | $2.98B |
| Total Liabilities | $20.1M | $19.36B | $10.43B | $9.40B | $13.62B | $15.34B |
| Shareholders' Equity | $5.0M | $3.17B | $3.17B | $2.47B | $2.05B | $1.59B |
UWM Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | -$1.8M | -$9.96B | $8.27B | $165.2M | -$6.24B | -$2.65B |
| Cash From Investing | -$425.3M | $199.8M | $1.29B | $1.83B | $2.68B | $2.26B |
| Cash From Financing | $427.2M | $9.26B | -$9.58B | -$2.20B | $3.58B | $384.0M |
| Free Cash Flow | — | -$10.02B | $8.24B | $138.8M | -$6.28B | -$2.72B |
| Dividends Paid | — | $30.6M | $36.9M | $37.2M | $39.7M | $78.6M |
Figures from UWM's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full UWM financials page for every line item.
UWM Company Profile
| Ticker | UWMC |
|---|---|
| Exchange | NYSE |
| Industry | Mortgage Bankers & Loan Correspondents |
| Headquarters | Pontiac, Michigan |
| Incorporated in | Delaware |
| Fiscal Year End | December 31 |
| SEC Filer Category | Large accelerated filer |
| SEC CIK | 0001783398 |
Frequently Asked Questions
What was UWM's revenue in fiscal 2025?
UWM (UWMC) reported revenue of $3.16B for fiscal 2025.
What is UWM's annual revenue history?
UWM's annual revenue by fiscal year: 2020: $0; 2021: $2.97B; 2022: $2.37B; 2023: $1.31B; 2024: $2.16B; 2025: $3.16B.
What was UWM's net income in fiscal 2025?
UWM reported net income of $27.4M for fiscal 2025.
What was UWM's earnings per share (EPS) in fiscal 2025?
UWM's diluted EPS was $0.12 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did UWM generate in fiscal 2025?
UWM generated -$2.72B of free cash flow in fiscal 2025.
What was UWM's revenue last quarter?
In its most recent reported quarter (2026 Q2), UWM reported revenue of $888.0M.
How much debt does UWM have?
UWM reported $2.98B of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of UWM are outstanding?
UWM reported a weighted average of 337.5 million basic shares outstanding in 2026 Q2.
What is UWM's market cap?
Based on its latest closing price, UWM (UWMC) has a market capitalization of about $347.7M.
When does UWM's fiscal year end?
UWM's fiscal year end, as registered with the SEC, is December 31.
Where is UWM headquartered?
UWM lists its business address in Pontiac, Michigan in its SEC filings.