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UWM Holdings vs PennyMac Financial Services: UWMC and PFSI compared
UWM Holdings is the larger company: $811M of revenue in its latest quarter (Q3 2026) against $469M for PennyMac Financial Services (Q3 2026). UWM Holdings is growing faster (-4% against -26% a year earlier). UWM Holdings is more profitable, with an operating margin of 27.6% against 9.1%.
Where the money goes: UWMC and PFSI
UWM Holdings (UWMC) · Q3 2026
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.
PennyMac Financial Services (PFSI) · Q3 2026
PennyMac Financial Services, Q3 2026: revenue $469M (-26% year over year), operating margin 9.1%, net earnings $28.7M, operating cash flow $854M. The chart follows the revenue to costs, profit and cash.
| UWM Holdings (UWMC) | PennyMac Financial Services (PFSI) | |
|---|---|---|
| Latest quarter | Q3 2026 | Q3 2026 |
| Revenue | $811M | $469M |
| Revenue growth, Y/Y | -4% | -26% |
| Operating margin | 27.6% | 9.1% |
| Net earnings | $55.5M | $28.7M |
| Net margin | 6.8% | 6.1% |
| Operating cash flow | $26.9M | $854M |
| Free cash flow | $14.2M | $850M |
| Market value | $522M | $3.5B |
| P/E | 5.5× | 14.7× |
| Analysts’ mean target | $1.79 | $72.17 |
Questions
Which is bigger, UWM Holdings or PennyMac Financial Services?
UWM Holdings is the larger company: $811M of revenue in its latest quarter (Q3 2026) against $469M for PennyMac Financial Services (Q3 2026).
Is UWM Holdings or PennyMac Financial Services growing faster?
UWM Holdings is growing faster (-4% against -26% a year earlier).
Which is more profitable, UWM Holdings or PennyMac Financial Services?
UWM Holdings is more profitable, with an operating margin of 27.6% against 9.1%.
More: UWM Holdings earnings · how UWM Holdings makes money · PennyMac Financial Services earnings · how PennyMac Financial Services makes money
From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Nov 6, 2026; 10-Q filed Nov 3, 2026). Fiscal quarters can end on different dates. Not investment advice.