Filing Flows › UWM Holdings (UWMC) › Q3 2026
UWM Holdings (UWMC) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 6, 2026
UWM Holdings (UWMC) reported revenue of $811M for the third quarter 2026 (Q3 2026), -4% from a year earlier and -9% from the quarter before. Operating margin was 27.6%, net earnings $55.5M (6.8% of revenue).
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.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $811M | -9% | -4% |
| Operating profit | $224M | — | 18× |
| Net earnings | $55.5M | — | — |
| Operating cash flow | $26.9M | -92% | — |
| Free cash flow | $14.2M | -96% | — |
What changed
Revenue was $811.1M in Q3 2026, down 4% year over year and down 9% from the previous quarter.
Operating profit was $223.7M, a 27.6% margin (up 26.1 points year over year). Total costs fell 29% while revenue fell 4%. Net earnings were $55.5M. The effective tax rate was 5.0%.
Operating cash flow was $26.9M, 13% of net income including minority interests. Non-cash charges added back $15.8M of depreciation and amortization and $10.2M of share-based compensation. Working capital and other items used $211.6M. Capital expenditures of $12.7M left free cash flow of $14.2M.
Questions
What was UWM Holdings' revenue in the third quarter 2026?
UWM Holdings (UWMC) reported revenue of $811M for the third quarter 2026 (Q3 2026), -4% from a year earlier and -9% from the quarter before.
Was UWM Holdings profitable in the third quarter 2026?
Operating profit was $224M (27.6% of revenue) and net earnings $55.5M.
Source: UWM Holdings 10-Q on SEC EDGAR.