United Homes (UHG) Operating Expenses (2021 - 2025)

United Homes (UHG) reported Operating Expenses of $20.0 million for Q4 2025, up 3.49% on a YoY basis from $19.3 million in Q4 2024, and up 13.91% quarter-over-quarter from $17.6 million in Q3 2025.

United Homes (UHG) Operating Expenses (2021 - 2025) Analysis & Trends

United Homes has reported Operating Expenses for 5 years, with the latest figure at $20.0 million in Q4 2025.

  • For the quarter ending Q4 2025, Operating Expenses rose 3.49% year-over-year to $20.0 million; the trailing twelve-month figure through Dec 2025 stood at $71.8 million (down 3.93% YoY), and the FY2025 full-year result was $71.8 million, down 3.93% from the prior year.
  • Operating Expenses for Q4 2025 stood at $20.0 million, up from $17.6 million in the prior quarter.
  • The five-year high for Operating Expenses was $20.0 million in Q4 2025, with the low at $100792.0 in Q3 2021.
  • Historically, Operating Expenses has averaged $13.1 million across 5 years, with a median of $16.2 million in 2023.
  • Annual changes were most pronounced in 2022 — Operating Expenses surged 13062.21% — and 2025, when it slipped 8.15%.
  • United Homes' Operating Expenses stood at $162976.0 in 2021, then surged by 6522.74% to $10.8 million in 2022, then soared by 70.86% to $18.4 million in 2023, then advanced by 4.88% to $19.3 million in 2024, then advanced by 3.49% to $20.0 million in 2025.
  • The last three Operating Expenses figures came in at $20.0 million (Q4 2025), $17.6 million (Q3 2025), and $18.0 million (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Horton D R 41.60 Bn 40.25 Bn 1.70 Bn 903.30 Mn
2 Pultegroup 22.64 Bn 20.83 Bn 881.27 Mn 380.33 Mn
3 Lennar 22.34 Bn 20.15 Bn 6.36 Bn 6.40 Bn
4 Nvr 17.27 Bn 15.62 Bn 1.31 Bn 156.97 Mn
5 Toll Brothers 13.05 Bn 11.95 Bn 604.89 Mn 258.25 Mn
6 Taylor Morrison Home 6.86 Bn 6.86 Bn 290.64 Mn 58.97 Mn
7 Installed Building Products 5.39 Bn 4.91 Bn 212.30 Mn 154.70 Mn
8 Meritage Homes 4.60 Bn 3.84 Bn -269,000.00 51.40 Mn
9 Cavco Industries 4.47 Bn 4.44 Bn 135.92 Mn 81.36 Mn
10 United Homes 71.62 Mn 47.20 Mn 21.64 Mn 20.02 Mn

Historic Data

Download Data
DateValue
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