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UWM Holdings (UWMC) Operating Expenses (2020 - 2025)

UWM Holdings (UWMC) has disclosed Operating Expenses for 6 consecutive years, with $589.4 million as the latest value for Q4 2025.

  • Quarterly Operating Expenses rose 13.81% to $589.4 million in Q4 2025 from the year-ago period, while the trailing twelve-month figure was $2.2 billion through Dec 2025, up 17.76% year-over-year, with the annual reading at $2.2 billion for FY2025, 17.76% up from the prior year.
  • Operating Expenses for Q4 2025 was $589.4 million at UWM Holdings, up from $550.6 million in the prior quarter.
  • The five-year high for Operating Expenses was $589.4 million in Q4 2025, with the low at $300.9 million in Q1 2023.
  • Average Operating Expenses over 5 years is $409.9 million, with a median of $372.7 million recorded in 2021.
  • The sharpest move saw Operating Expenses decreased 27.15% in 2021, then surged 46.36% in 2024.
  • Over 5 years, Operating Expenses stood at $373.6 million in 2021, then decreased by 0.52% to $371.7 million in 2022, then fell by 4.81% to $353.8 million in 2023, then soared by 46.36% to $517.9 million in 2024, then increased by 13.81% to $589.4 million in 2025.
  • According to Business Quant data, Operating Expenses over the past three periods came in at $589.4 million, $550.6 million, and $526.8 million for Q4 2025, Q3 2025, and Q2 2025 respectively.