Growth Metrics

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

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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