UWM Holdings (UWMC) Research & Development (2020 - 2026)

UWM Holdings (UWMC) reported Research & Development of $30.9 million for Q1 2026, up 39.15% year-over-year from $22.2 million in Q1 2025, and down 9.75% quarter-over-quarter 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.

  • Research & Development for Q1 2026 came in at $30.9 million, up 39.15% year-over-year; the trailing twelve-month figure through Mar 2026 was $114.9 million (up 15.04% YoY), and the FY2025 annual result was $106.2 million, up 9.72% from the prior year.
  • Research & Development eased to $30.9 million in Q1 2026 per UWMC's latest filing, from $34.2 million in the prior quarter.
  • Over five years, Research & Development peaked at $34.2 million in Q4 2025 and troughed at $12.8 million in Q1 2022.
  • A 5-year average of $23.1 million and a median of $22.5 million in 2024 frame the typical range for Research & Development.
  • On a YoY basis, Research & Development climbed as much as 82.04% in 2022 and fell as far as 9.31% in 2022.
  • A 5-year view of Research & Development shows it stood at $23.0 million in 2022, then grew by 11.42% to $25.6 million in 2023, then gained by 20.2% to $30.8 million in 2024, then grew by 11.18% to $34.2 million in 2025, then retreated by 9.75% to $30.9 million in 2026.
  • Business Quant data shows UWMC's Research & Development at $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 34.85 Bn 32.16 Bn - -
2 PennyMac Financial Services 4.14 Bn 3.65 Bn 523.89 Mn 46.13 Mn
3 Walker & Dunlop 1.73 Bn 1.55 Bn - -
4 UWM Holdings 743.45 Mn 1.57 Bn - 30.88 Mn
5 Velocity Financial 668.42 Mn 583.96 Mn - -
6 CNFinance Holdings 591.78 Mn 542.97 Mn - -
7 Better Home & Finance Holding 419.52 Mn 349.24 Mn - 8.36 Mn
8 Onity 306.24 Mn 306.24 Mn - 17.50 Mn
9 loanDepot 209.70 Mn -4.79 Mn - -
10 Greystone Housing Impact Investors 120.06 Mn 120.06 Mn - -

Historic Data

Download Data
DateValue
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