UWM Holdings (UWMC) Research & Development (2020 - 2026)
UWM Holdings' (UWMC) quarterly Research & Development came in at $30.9 million in Q1 2026, up 39.15% year-on-year from $22.2 million in Q1 2025, and down 9.75% on a QoQ basis from $34.2 million in Q4 2025.
UWM Holdings (UWMC) Research & Development (2020 - 2026) Analysis & Trends
UWM Holdings (UWMC) has 7 years of Research & Development data on file, last reported at $30.9 million in Q1 2026.
- On a quarterly basis, Research & Development rose 39.15% year-over-year to $30.9 million in Q1 2026; TTM through Mar 2026 was $114.9 million, a 15.04% increase from a year earlier, with the FY2025 full-year figure at $106.2 million, up 9.72% from the prior year.
- Research & Development for Q1 2026 stood at $30.9 million, down from $34.2 million in the prior quarter.
- Over the last five years, Research & Development for UWMC reached as high as $34.2 million in Q4 2025 and fell as low as $12.8 million in Q1 2022.
- Historically, Research & Development has averaged $23.1 million across 5 years, with a median of $22.5 million in 2024.
- On a YoY basis, Research & Development climbed as much as 82.04% in 2022 and fell as far as 9.31% in 2022.
- Year by year, Research & Development stood at $23.0 million in 2022, then gained by 11.42% to $25.6 million in 2023, then grew by 20.2% to $30.8 million in 2024, then gained by 11.18% to $34.2 million in 2025, then dropped by 9.75% to $30.9 million in 2026.
- Per Business Quant data, the three most recent Research & Development figures were $30.9 million in Q1 2026, $34.2 million in Q4 2025, and $23.4 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 38.33 Bn | 35.64 Bn | - | - |
| 2 | Federal National Mortgage Association Fannie Mae | 35.67 Bn | 35.67 Bn | - | - |
| 3 | Federal Home Loan Mortgage | 18.11 Bn | 13.64 Bn | - | - |
| 4 | PennyMac Financial Services | 4.41 Bn | 3.76 Bn | 523.89 Mn | 46.13 Mn |
| 5 | CNFinance Holdings | 3.28 Bn | 3.20 Bn | - | - |
| 6 | Walker & Dunlop | 1.64 Bn | 1.44 Bn | - | - |
| 7 | Velocity Financial | 681.36 Mn | -6.51 Bn | - | - |
| 8 | UWM Holdings | 540.43 Mn | 116.43 Mn | - | 30.88 Mn |
| 9 | Better Home & Finance Holding | 362.34 Mn | 298.07 Mn | - | 8.36 Mn |
| 10 | Onity | 340.51 Mn | 215.81 Mn | - | 17.50 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 30.88 Mn |
| Dec 31, 2025 | 34.21 Mn |
| Sep 30, 2025 | 23.41 Mn |
| Jun 30, 2025 | 26.38 Mn |
| Mar 31, 2025 | 22.19 Mn |
| Dec 31, 2024 | 30.77 Mn |
| Sep 30, 2024 | 22.46 Mn |
| Jun 30, 2024 | 24.44 Mn |
| Mar 31, 2024 | 19.11 Mn |
| Dec 31, 2023 | 25.60 Mn |
| Sep 30, 2023 | 20.12 Mn |
| Jun 30, 2023 | 21.59 Mn |
| Mar 31, 2023 | 17.21 Mn |
| Dec 31, 2022 | 22.98 Mn |
| Sep 30, 2022 | 17.73 Mn |
| Jun 30, 2022 | 20.63 Mn |
| Mar 31, 2022 | 12.84 Mn |
| Dec 31, 2021 | 25.33 Mn |
| Sep 30, 2021 | 14.14 Mn |
| Jun 30, 2021 | 11.33 Mn |