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UWM Holdings (UWMC) guidance and outlook
UWM Holdings (UWMC) gave its guidance on Oct 23, 2026: Revenue $3.4B–$3.5B for FY2026. UWM Holdings' 10-Q filed Nov 6, 2026 makes 14 forward-looking statements.
Guidance and outlook
Latest guidance
| Metric | Period | Range | Change |
|---|---|---|---|
| Revenue | FY2026 | $3.4B–$3.5B | new |
From the earnings release filed Oct 23, 2026 (8-K on EDGAR).
Forward-looking statements, 10-Q filed Nov 6, 2026
- We currently retain the MSRs associated with the majority of our production, but we have, and intend to continue to opportunistically sell MSRs depending on market conditions.
- We expect third-party subservicing costs to continue to decrease as the remaining servicing portfolio is transitioned in-house.
- We expect to have substantially all loans transitioned to our in-house servicing platform by the end of 2026.
- In October 2026, we commenced a rights offering pursuant to which we expect to receive gross proceeds of $400 million from the rights offering or from the related backstop commitments.
- We currently believe that our cash on hand, as well as the sources of liquidity described above, will be sufficient to maintain our current operations and fund our loan originations, capital commitments, and other financing obligations (including the 2027 Senior Notes which mature in June 2027) for the next twelve months.
- In most cases, the loans we originate will remain in one of our warehouse facilities for less than one month, until the loans are pooled and sold.
- From time to time, we will increase or decrease the size of the lines to reflect anticipated increases or decreases in volume, strategies regarding the timing of sales of mortgages to the GSEs or secondary markets and costs associated with not utilizing the lines.
- We intend to renew these sale and repurchase agreements upon their maturity during the required holding period for the retained investment securities.
- In October 2026, the Company commenced a rights offering, intended to raise gross proceeds of up to $400 million.
- Cash dividends will represent a use of the Company’s liquidity, while payment-in-kind dividends will increase the stated value of the Series A Preferred Stock without a current-period cash payment.
- We establish a reserve which is estimated based on an assessment of our contingent and non-contingent obligations, including expected losses, expected frequency, the overall potential remaining exposure, as well as an estimate for a market participant’s potential readiness to stand by to perform on such obligations.
- • the impact of interest rate risks on our business and results of operations, including expected subscriptions and proceeds;
UWM Holdings' latest quarter
UWM Holdings, Q3 2026: revenue $811M (-4% year over year), operating margin 27.6%, net earnings $55.5M, operating cash flow $26.9M. The chart follows the revenue to costs, profit and cash.
Questions
Did UWM Holdings raise or lower its guidance?
UWM Holdings (UWMC) gave its guidance on Oct 23, 2026: Revenue $3.4B–$3.5B for FY2026.
What does UWM Holdings expect?
We currently retain the MSRs associated with the majority of our production, but we have, and intend to continue to opportunistically sell MSRs depending on market conditions. We expect third-party subservicing costs to continue to decrease as the remaining servicing portfolio is transitioned in-house. We expect to have substantially all loans transitioned to our in-house servicing platform by the end of 2026.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.