earnings
confidence high
sentiment neutral
materiality 0.75
UWM Q3 originations $41.7B (largest since 2021), net income $12.1M, declares $0.10 dividend
UWM Holdings Corp
2025-Q3 EPS
reported $0.04
vs consensus $0.07
▼ miss
(-40.6%)
- Q3 loan origination volume $41.7B vs $39.7B in Q2 and $39.5B in Q3 2024; largest quarterly originations since 2021.
- Total revenue $843.3M, net income $12.1M ($0.01 diluted EPS loss), adjusted EBITDA $211.1M.
- Refinance originations surged to $16.5B from $12.4B in Q2; total gain margin 130 bps vs 113 bps in Q2.
- Q4 2025 guidance: originations $43-50B, gain margin 105-130 bps.
- Board declared Q4 cash dividend of $0.10/share, payable Jan 8, 2026 to holders of record Dec 18, 2025.