UWM Holdings UWMC
NYSE UWMC
$1.35 -0.02 (-1.82%)
As of: Sep 10, 2026 · 3:20 PM EDT

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

Historic Data

Download Data
DateValue
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