Quarterly ResultMay 6, 2026, 08:47 AM
UWM Holdings Q1 Net Income $170.4M; Origination Volume $44.9B
AI Summary
UWM Holdings Corporation reported strong first-quarter 2026 results, with net income reaching $170.4 million, a significant improvement from a net loss in the prior year. Loan origination volume increased 39% year-over-year to $44.9 billion, marking the second-highest first-quarter production in company history. The company also declared a cash dividend of $0.10 per share for the 22nd consecutive quarter and is ahead of schedule in bringing all loan servicing in-house by October 2026.
Key Highlights
- Net income for Q1 2026 was $170.4 million, a significant improvement from a $247.0 million net loss in Q1 2025.
- Loan origination volume reached $44.9 billion in Q1 2026, a 39% increase year-over-year.
- Total revenue for Q1 2026 was $901.4 million, up from $613.4 million in Q1 2025.
- Adjusted EBITDA for Q1 2026 was $160.9 million, compared to $57.8 million in Q1 2025.
- Total gain margin improved to 123 bps in Q1 2026 from 94 bps in Q1 2025.
- The Board declared a cash dividend of $0.10 per share for the 22nd consecutive quarter, payable July 9, 2026.
- All new loans are now on UWM's proprietary servicing platform, with substantially all loans expected in-house by October 2026.