Filing Flows › UWM Holdings (UWMC) › Q2 2026
UWM Holdings (UWMC) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 7, 2026
UWM Holdings (UWMC) reported revenue of $888M for the second quarter 2026 (Q2 2026), +17% from a year earlier and -1% from the quarter before. Operating margin was -53.3%, net loss $452M (50.9% of revenue).
UWM Holdings, Q2 2026: revenue $888M (+17% year over year), operating margin -53.3%, net loss $452M, operating cash flow $344M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $888M | -1% | +17% |
| Operating profit | −$473M | -366% | -244% |
| Net earnings | −$452M | -1886% | -2073% |
| Operating cash flow | $344M | — | — |
| Free cash flow | $335M | — | — |
What changed
Revenue was $888.0M in Q2 2026, up 17% year over year and down 1% from the previous quarter.
Operating costs exceeded revenue by $472.9M, an operating margin of -53.3%. Total costs grew 217% against revenue growth of 17%. The quarter ended with a net loss of $451.9M, after a profit of $170.4M the previous quarter. Minority interests bore $371.3M of it: to shareholders the quarter was a loss of $80.6M.
Operating cash flow was $344.0M. Non-cash charges added back $14.2M of depreciation and amortization and $12.5M of share-based compensation. Working capital and other items added $769.2M. Capital expenditures of $9.5M left free cash flow of $334.6M.
Questions
What was UWM Holdings' revenue in the second quarter 2026?
UWM Holdings (UWMC) reported revenue of $888M for the second quarter 2026 (Q2 2026), +17% from a year earlier and -1% from the quarter before.
Was UWM Holdings profitable in the second quarter 2026?
Operating loss was $473M (-53.3% of revenue) and net loss $452M.
Source: UWM Holdings 10-Q on SEC EDGAR.