United Homes (UHGWW) Operating Expenses (2021 - 2025)
United Homes posted quarterly Operating Expenses of $20.0 million for Q4 2025, up 3.49% year-on-year from $19.3 million in Q4 2024, and up 13.91% on a QoQ basis from $17.6 million in Q3 2025.
United Homes (UHGWW) has 5 years of Operating Expenses data on file, last reported 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.
- Across five years, Operating Expenses topped out at $20.0 million in Q4 2025 and bottomed at $100792.0 in Q3 2021.
- The 5-year median for Operating Expenses is $16.2 million (2023), against an average of $13.1 million.
- The widest annual swing landed in 2022, when Operating Expenses surged 13062.21%; it then slipped 8.15% in 2025.
- A 5-year view of Operating Expenses shows it stood at $162976.0 in 2021, then soared by 6522.74% to $10.8 million in 2022, then jumped by 70.86% to $18.4 million in 2023, then climbed by 4.88% to $19.3 million in 2024, then climbed 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 | 42.35 Bn | 41.00 Bn | 1.70 Bn | 903.30 Mn |
| 2 | Pultegroup | 22.70 Bn | 20.89 Bn | 881.27 Mn | 380.33 Mn |
| 3 | Lennar | 21.95 Bn | 19.75 Bn | 6.36 Bn | 6.40 Bn |
| 4 | Nvr | 16.98 Bn | 15.33 Bn | 1.31 Bn | 156.97 Mn |
| 5 | Toll Brothers | 13.26 Bn | 12.07 Bn | 476.99 Mn | 257.94 Mn |
| 6 | Installed Building Products | 5.63 Bn | 5.15 Bn | 212.30 Mn | 154.70 Mn |
| 7 | Taylor Morrison Home | 5.62 Bn | 5.62 Bn | 290.64 Mn | 58.97 Mn |
| 8 | Meritage Homes | 4.40 Bn | 3.63 Bn | -269,000.00 | 51.40 Mn |
| 9 | Cavco Industries | 4.23 Bn | 4.20 Bn | 135.92 Mn | 81.36 Mn |
| 10 | United Homes | - | - | 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 |