UWM Holdings (UWMC) Research & Development (2020 - 2026)
UWM Holdings' (UWMC) quarterly Research & Development came in at $35.6 million in Q2 2026, up 34.91% year-over-year from $26.4 million in Q2 2025, and up 15.25% quarter-over-quarter from $30.9 million in Q1 2026.
Analysis
UWM Holdings (UWMC) Research & Development (2020 - 2026) Analysis & Trends
UWM Holdings (UWMC) has reported Research & Development for 7 consecutive years, with $35.6 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Research & Development rose 34.91% year-over-year to $35.6 million in Q2 2026; TTM through Jun 2026 was $124.1 million, a 21.89% increase from a year earlier, with the FY2025 full-year figure at $106.2 million, up 9.72% from the prior year.
- Research & Development was $35.6 million for Q2 2026 at UWM Holdings, up from $30.9 million in the prior quarter.
- Over five years, Research & Development peaked at $35.6 million in Q2 2026 and troughed at $12.8 million in Q1 2022.
- A 5-year average of $23.8 million and a median of $22.7 million in 2022 frame the typical range for Research & Development.
- The widest YoY moves for Research & Development: up 82.04% in 2022, down 9.31% in 2022.
- Over 5 years, Research & Development stood at $23.0 million in 2022, then climbed by 11.42% to $25.6 million in 2023, then rose by 20.2% to $30.8 million in 2024, then climbed by 11.18% to $34.2 million in 2025, then rose by 4.02% to $35.6 million in 2026.
- The last three Research & Development figures came in at $35.6 million (Q2 2026), $30.9 million (Q1 2026), and $34.2 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Federal National Mortgage Association Fannie Mae | 79.20 Bn | 79.20 Bn | - | - |
| 2 | Rocket Companies | 36.89 Bn | 33.78 Bn | - | - |
| 3 | Figure Technology Solutions | 8.16 Bn | 6.63 Bn | 196.67 Mn | 30.74 Mn |
| 4 | PennyMac Financial Services | 3.60 Bn | 2.85 Bn | 480.08 Mn | 44.44 Mn |
| 5 | Federal Agricultural Mortgage | 2.42 Bn | 1.38 Bn | - | - |
| 6 | CNFinance Holdings | 1.37 Bn | 1.37 Bn | - | - |
| 7 | Walker & Dunlop | 1.34 Bn | 1.18 Bn | - | - |
| 8 | Velocity Financial | 695.59 Mn | -6.76 Bn | - | - |
| 9 | UWM Holdings | 455.66 Mn | -42.75 Mn | - | 35.59 Mn |
| 10 | Onity | 291.17 Mn | 94.87 Mn | - | 17.90 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 35.59 Mn |
| 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 |