Quarterly ResultAug 7, 2026, 04:31 PM
UWM Holdings Q2 Net Loss $(80.59)M; Revenue $888.0M
AI Summary
UWM Holdings Corporation reported a net loss attributable to the company of $(80.59) million for the second quarter of 2026, a significant decline from a net income of $22.91 million in the same period last year. Total revenue for the quarter increased to $888.0 million from $758.7 million year-over-year. The loss was primarily driven by a $(603.19) million loss on other interest rate derivatives and a $(122.68) million change in the fair value of mortgage servicing rights.
Key Highlights
- Net loss attributable to UWM Holdings Corp. was $(80.59) million in Q2 2026.
- Total revenue for Q2 2026 increased to $888.0 million, up from $758.7 million YoY.
- Basic earnings per share (EPS) was $(0.24) for Q2 2026, down from $0.11 YoY.
- Mortgage servicing rights (MSRs) grew to $5.31 billion as of June 30, 2026.
- Loss on other interest rate derivatives was $(603.19) million in Q2 2026.
- Change in fair value of MSRs was $(122.68) million in Q2 2026.
- Total assets increased to $17.94 billion as of June 30, 2026.
- Secured lines of credit rose to $2.95 billion as of June 30, 2026.
Price Impact
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