UWM Holdings Corp (UWMC) Operating Expenses (2020 - 2026)
UWM Holdings' Operating Expenses came in at $635.05 million for Q2 2026, up 20.6% from $526.77 million a year earlier and up 10.4% from the prior quarter.
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Analysis
UWM Holdings Corp (UWMC) Operating Expenses (2020 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, UWM Holdings reported Operating Expenses of $2.35 billion, up 16.1% year-over-year; for FY2025, it was $2.15 billion, up 17.8% from FY2024.
- Operating Expenses carries a five-year compound annual growth rate of 6.7% (FY2020 to FY2025).
- Going back by year, Operating Expenses was $1.83 billion in FY2024 (+31.7%), $1.39 billion in FY2023 (-3.5%), $1.44 billion in FY2022 (+3.3%) and $1.39 billion in FY2021 (-10.4%).
- The Q2 2026 figure represents the highest quarterly Operating Expenses in data going back to Q1 2020.
- Year-over-year, Operating Expenses has increased for ten consecutive quarters, with growth averaging 23.8% over the last eight quarters.
- The fastest year-over-year change in Operating Expenses over five years came in Q4 2024 (growth of 46.4%), and the weakest in Q1 2023 (a decline of 17.4%).
- Business Quant data shows UWMC's Operating Expenses at $575.39 million (Q1 2026), $589.42 million (Q4 2025) and $550.57 million (Q3 2025) in the three quarters before Q2 2026.
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Peer Comparison
Historic Data
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Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 635.05 Mn |
| Mar 31, 2026 | 575.39 Mn |
| Dec 31, 2025 | 589.42 Mn |
| Sep 30, 2025 | 550.57 Mn |
| Jun 30, 2025 | 526.77 Mn |
| Mar 31, 2025 | 485.60 Mn |
| Dec 31, 2024 | 517.88 Mn |
| Sep 30, 2024 | 494.15 Mn |
| Jun 30, 2024 | 430.02 Mn |
| Mar 31, 2024 | 385.69 Mn |
| Dec 31, 2023 | 353.83 Mn |
| Sep 30, 2023 | 375.39 Mn |
| Jun 30, 2023 | 357.52 Mn |
| Mar 31, 2023 | 300.89 Mn |
| Dec 31, 2022 | 371.69 Mn |
| Sep 30, 2022 | 353.79 Mn |
| Jun 30, 2022 | 348.01 Mn |
| Mar 31, 2022 | 364.46 Mn |
| Dec 31, 2021 | 373.62 Mn |
| Sep 30, 2021 | 356.97 Mn |
API Access
UWM Holdings Corp Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=UWMC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "UWMC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=UWMC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();