UWM HOLDINGS CORPORATION
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|
| Revenue | $3.16B | $2.67B | $2.17B | $2.37B | $2.97B | $4.94B | $1.28B |
| Cost of Revenue | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — |
| Operating Expenses | |||||||
| Research & Development | — | — | — | — | — | — | — |
| SG&A Expense | — | — | — | — | — | — | — |
| Operating Income | $250.9M | $336.0M | $244.0M | $1.24B | $1.88B | $-6.8M | $579.2M |
| Operating Margin | 7.9% | 12.6% | 11.3% | 52.3% | 63.4% | -0.1% | 45.3% |
| Interest Expense | — | — | $320.3M | $306.0M | $304.7M | $167.0M | $164.1M |
| Pretax Income | $250.9M | $336.0M | $-76.3M | $934.7M | $1.58B | $3.38B | $415.1M |
| Income Tax Expense | $6.9M | $6.6M | $-6.5M | $2.8M | $9.8M | $2.5M | $0 |
| Net Income | $27.4M | $14.4M | $-13.2M | $41.7M | $98.4M | $-5.8M | $415.1M |
| Net Margin | 0.9% | 0.5% | -0.6% | 1.8% | 3.3% | -0.1% | 32.5% |
| EPS (Basic) | $0.13 | $0.01 | $-0.01 | $0.03 | $0.07 | $-0.01 | — |
| EPS (Diluted) | $0.12 | $0.01 | $-0.01 | $0.03 | $0.05 | $-0.01 | — |
| Shares Outstanding (Basic) | 211.4M | 1.56B | 1.31B | 1.29B | 1.41B | — | — |
| Shares Outstanding (Diluted) | 1.60B | 1.56B | 1.31B | 1.29B | 22.44B | — | — |
| Dividends Per Share | — | — | — | — | — | — | — |