---
schema_version: "secwatch.filing_event.v1"
accession: "0001783398-25-000022"
form_type: "8-K"
ticker: "UWMC"
cik: "0001783398"
company_name: "UWM Holdings Corp"
filed_at: "2025-05-06T23:59:59+00:00"
generated_at: "2026-05-22T13:17:40.263198+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# UWM Holdings posts Q1 net loss of $247M; originations up 17% YoY to $32.4B

## Summary
- Net loss of $247M ($0.12 diluted EPS loss) vs net income of $180.5M in Q1 2024; revenue of $613.4M up 5% YoY.
- Loan origination volume $32.4B (highest Q1 since 2022), up 17% YoY; purchase flat at $21.7B, refi surged to $10.6B from $5.5B.
- Total gain margin 94 bps vs 108 bps in Q1 2024; adjusted EBITDA $57.8M vs $101.5M.
- Board declared $0.10/share dividend payable July 10, 2025, record June 18, 2025; unchanged from prior quarter.
- Q2 2025 outlook: production $38-45B, gain margin 90-115 bps; management cites ability to scale with rate changes.

## SEC filing metadata
- accession: 0001783398-25-000022
- form_type: 8-K
- ticker: UWMC
- cik: 0001783398
- company_name: UWM Holdings Corp
- filed_at: 2025-05-06T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1783398/000178339825000022/0001783398-25-000022-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1783398/000178339825000022/xbrl-20250506.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001783398-25-000022
- JSON: https://secwatch.observer/filing/0001783398-25-000022.json
- Plain text: https://secwatch.observer/filing/0001783398-25-000022.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.