United Homes (UHG) Operating Expenses (2021 - 2025)
United Homes (UHG) posted Operating Expenses of $20.0 million for Q4 2025, up 13.91% on a QoQ basis from $17.6 million in Q3 2025, and up 3.49% year-over-year from $19.3 million in Q4 2024.
United Homes (UHG) Operating Expenses (2021 - 2025) Analysis & Trends
United Homes' Operating Expenses history runs 5 years deep, the most recent figure standing at $20.0 million for Q4 2025.
- Quarterly Operating Expenses rose 3.49% year-over-year to $20.0 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $71.8 million (down 3.93% YoY) and the FY2025 annual result came in at $71.8 million, down 3.93% from the prior year.
- Operating Expenses was $20.0 million for Q4 2025 at United Homes, up from $17.6 million in the prior quarter.
- Across five years, Operating Expenses topped out at $20.0 million in Q4 2025 and bottomed at $100792.0 in Q3 2021.
- A 5-year average of $13.1 million and a median of $16.2 million in 2023 frame the typical range for Operating Expenses.
- Annual changes were most pronounced in 2022 — Operating Expenses surged 13062.21% — and 2025, when it fell 8.15%.
- United Homes' Operating Expenses stood at $162976.0 in 2021, then jumped by 6522.74% to $10.8 million in 2022, then surged by 70.86% to $18.4 million in 2023, then grew by 4.88% to $19.3 million in 2024, then grew by 3.49% to $20.0 million in 2025.
- Business Quant data shows UHG's Operating Expenses at $20.0 million in Q4 2025, $17.6 million in Q3 2025, and $18.0 million in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Horton D R | 40.90 Bn | 39.56 Bn | 2.15 Bn | 991.20 Mn |
| 2 | Pultegroup | 23.36 Bn | 22.03 Bn | 3.92 Bn | 382.97 Mn |
| 3 | Lennar | 19.77 Bn | 19.63 Bn | 7.69 Bn | 7.54 Bn |
| 4 | Nvr | 17.18 Bn | 15.54 Bn | 1.31 Bn | 156.97 Mn |
| 5 | Toll Brothers | 15.08 Bn | 13.99 Bn | 604.89 Mn | 258.25 Mn |
| 6 | Taylor Morrison Home | 6.96 Bn | 6.31 Bn | 290.64 Mn | 148.85 Mn |
| 7 | Installed Building Products | 5.97 Bn | 5.50 Bn | 212.30 Mn | 154.70 Mn |
| 8 | Meritage Homes | 4.78 Bn | 4.01 Bn | 68.61 Mn | 130.87 Mn |
| 9 | Champion Homes | 4.47 Bn | 3.81 Bn | 172.19 Mn | 109.73 Mn |
| 10 | United Homes | 71.62 Mn | 47.20 Mn | 21.64 Mn | 20.02 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 20.02 Mn |
| Sep 30, 2025 | 17.57 Mn |
| Jun 30, 2025 | 18.02 Mn |
| Mar 31, 2025 | 16.16 Mn |
| Dec 31, 2024 | 19.34 Mn |
| Sep 30, 2024 | 18.69 Mn |
| Jun 30, 2024 | 19.61 Mn |
| Mar 31, 2024 | 17.05 Mn |
| Dec 31, 2023 | 18.44 Mn |
| Sep 30, 2023 | 13.63 Mn |
| Jun 30, 2023 | 16.34 Mn |
| Mar 31, 2023 | 16.69 Mn |
| Dec 31, 2022 | 10.79 Mn |
| Sep 30, 2022 | 13.27 Mn |
| Jun 30, 2022 | 15.20 Mn |
| Mar 31, 2022 | 10.43 Mn |
| Dec 31, 2021 | 162,976.00 |
| Sep 30, 2021 | 100,792.00 |
| Jun 30, 2021 | 124,777.00 |
| Mar 31, 2021 | 642,360.00 |