NYSE$UWMC
UWM Holdings Corp · Q1 2026 earnings
Q1 2026 earnings · · Investor relations
Briefing
UWM Holdings reported Q1 2026 total revenue of $901.4M and net income attributable to the company of $25.3M, or $0.09 diluted EPS.
For the quarter ended March 31, 2026, UWM posted total revenue of $901.4 million versus $613.4 million a year ago, led by loan production income of $554.6 million. Net income was $170.4 million; net income attributable to UWM Holdings Corporation was $25.3 million, or $0.09 per diluted share, compared with a $(13.7) million loss and $(0.12) per share in Q1 2025.
- Total revenue of $901.4M (+47% YoY) on higher origination volumes.
- Loan production income $554.6M; servicing income $213.4M.
- Net income attributable to UWM $25.3M vs loss prior year.
- Mortgage servicing rights fair-value changes remained a swing factor.
Headline financials
Revenue & EPS history
UWM · Revenue · Quarterly
$901M
Revenue by segment
UWM · $677M total across 4 segments · Q3 2023
- Loan Production Income$289M+67.6%42.7%
- Loan Servicing Income$200M+1.9%29.6%
- Interest Income$94.8M+21.3%14.0%
- MSR Fair Value Change$92.9M-60.8%13.7%
Forward guidance
Wholesale mortgage volumes and rate environment will drive near-term results; management focuses on gain-on-sale margins and MSR risk management.
Tailwinds
- Sharp revenue recovery versus prior-year loss quarter.
- Dominant wholesale channel scale.
Headwinds
- Interest-rate sensitivity on origination and MSR marks.
- Regulatory and margin pressure in mortgage banking.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports · overlaid with Q1 2026
-1.7%
Avg return
Earnings day
-1.2%
Avg return
5 days after
+0.5%
Avg return
30 days after
29%
6 / 21 earnings
Positive
+28.2%
Q3 2022
Best reaction
-16.8%
Q1 2023
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -1.2% | -11.2% | -28.4% | |
| Q4 2025 | -9.0% | -5.0% | -25.0% | |
| Q3 2025 | -10.1% | -3.4% | +1.2% | |
| Q1 2025 | -14.7% | -11.3% | -13.8% | |
| Q4 2024 | -5.8% | -0.2% | -14.6% | |
| Q3 2024 | -6.0% | -9.2% | -2.4% | |
| Q2 2024 | -6.5% | -3.8% | +2.3% | |
| Q1 2024 | -0.7% | +2.8% | +2.8% | |
| Q4 2023 | -4.9% | -4.6% | +8.2% | |
| Q3 2023 | +4.3% | +6.9% | +15.6% | |
| Q2 2023 | -1.6% | -4.0% | -16.3% | |
| Q1 2023 | -16.8% | -11.3% | -7.4% | |
| Q4 2022 | +12.7% | +11.7% | +15.3% | |
| Q3 2022 | +28.2% | +22.3% | +44.7% | |
| Q2 2022 | -0.5% | +1.0% | -9.2% | |
| Q1 2022 | +0.3% | +8.9% | +18.1% | |
| Q4 2021 | +7.4% | -4.1% | +4.4% | |
| Q3 2021 | -1.5% | -2.2% | -3.8% | |
| Q2 2021 | -7.0% | -7.6% | -8.5% | |
| Q1 2021 | -2.4% | +7.9% | +43.1% | |
| Q4 2020 | +0.6% | -7.9% | -16.0% | |
| Q4 2019 | — | — | — |
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