Every 10-Q that UWM Holdings Corporation (UWMC) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow UWMC and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full UWMC filings page.
UWM Holdings Corporation reported a consolidated net loss of $451.9 million for the quarter ended June 30 2026, compared with net income of $314.5 million a year earlier, as large losses on other interest rate derivatives of $603.2 million and a negative MSR fair‑value change outweighed stronger revenue.
Total revenue rose to $888.0 million (in thousands: 888,003) from 758,700, driven by loan production income of 527,217, loan servicing income of 220,503 and interest income of 140,283 (all in thousands). Quarterly loan originations were $39.7 billion, flat year over year, while year‑to‑date originations increased to $84.6 billion from $72.1 billion. Mortgage servicing rights at fair value grew to $5.31 billion, supported by $2.14 billion of MSR capitalization and $51.8 billion of MSR sales year‑to‑date.
At June 30 2026, total assets were $17.94 billion, funded by $8.60 billion of warehouse lines, $2.95 billion of secured MSR credit facilities and $3.00 billion of senior notes, with equity of $985.3 million. Subsequent to quarter‑end, the company closed a $1.65 billion preferred equity and warrant financing with Oaktree and CEO‑affiliated entities and announced plans for a $400 million Class A common stock rights offering.
UWM Holdings Corporation reported a sharp turnaround to profitability for the quarter ended March 31, 2026. Total revenue rose to $901.4 million from $613.4 million a year earlier, driven by stronger loan production income and higher interest income.
Loan originations increased to $44.9 billion from $32.4 billion, with refinance volume more than doubling. Net income swung to $170.4 million from a net loss of $247.0 million, while net income attributable to Class A shareholders was $25.3 million, or $0.09 per diluted share.
Fair value of mortgage servicing rights grew to $4.59 billion, supported by $1.10 billion of MSR capitalization and MSR sales. The company used $2.23 billion of cash in operating activities, offset by $1.63 billion of cash provided by financing activities, including higher warehouse and MSR facility borrowings.
UWM Holdings Corporation (UWMC) reported Q3 2025 results. Total revenue was $843.3 million (up from $745.6 million a year ago). Net income was $12.1 million, but net income attributable to UWMC was a loss of $1.3 million, or $(0.01) per Class A share. The quarter reflected higher loan production income and servicing revenue, offset by a $(307.8) million decline in the fair value of mortgage servicing rights (MSRs).
For the nine months, revenue reached $2.22 billion with net income attributable to UWMC of $8.0 million ($0.04 per share). Cash and cash equivalents were $870.7 million as of September 30, 2025, supported by active MSR sales and secured funding access. The company issued $1.0 billion of 2031 senior notes at 6.250% and plans to repay the 2025 notes at maturity. Warehouse borrowings were $9.78 billion, and the company was in compliance with all facility and indenture covenants. Class A shares outstanding were 234,291,930 and Class D shares were 1,365,482,620 as of September 30, 2025.
UWM Holdings (UWMC) posted strong Q2-25 results despite a challenging first half. For the quarter ended 6/30/25, total revenue rose 22% YoY to $758.7 m, driven by a 25% jump in loan production income and 24% growth in servicing income. A $208.9 m gain on interest-rate derivatives more than offset a $111.4 m MSR fair-value hit, pushing pre-tax earnings to $329.4 m versus $77.1 m a year earlier. Net income attributable to common shareholders climbed to $22.9 m ($0.11 diluted EPS) from $3.1 m ($0.03).
Year-to-date figures remain pressured: revenue increased 14% to $1.37 bn, but a $500.0 m MSR write-down dragged net income to $67.5 m, down 74% YoY; diluted EPS is $0.03 versus $0.12. Operating cash flow swung to +$328 m from a –$3.52 bn outflow last year as mortgage inventory fell $1.48 bn and MSR sales generated $1.59 bn.
Balance sheet trends: assets fell to $13.9 bn (-11% from 12/31/24) on lower mortgage loans and MSRs. Warehouse line draws dropped to $7.25 bn (-17%), while secured MSR lines declined to $425 m. Cash closed at $490 m. Equity slipped to $1.75 bn as MSR marks and distributions to SFS Corp. outweighed earnings.
Liquidity & leverage: net debt (warehouse, secured lines, senior notes minus cash) is ~10.0 bn; interest expense rose 23% YoY to $133.5 m. UWMC remains in compliance with all warehouse, MSR-facility and agency capital covenants, with minimum net worth of $660 m versus actual $1.75 bn.
Outlook implications: The sharp quarterly rebound highlights hedging effectiveness and volume recovery, yet persistent MSR valuation headwinds, higher funding costs and large non-controlling payouts temper full-year visibility.