UWMC Q1 2023 Earnings — UWM Holdings Corporation Revenue & Financial Results | Market Cap Arena

UWMCUWM Holdings Corporation

$6B

Q1 2023 Earnings

Financial Services Financial - Mortgages

Income Statement

Revenue

$115M-84.7% YoY

Gross Profit

$45M38.7% margin

Operating Income

-$140M-120.9% margin

Net Income

-$12M-10.3% margin

EPS (Diluted)

$-0.13

QoQ Revenue Growth

-54.9%

Cash Flow

Operating Cash Flow

$2.0B

Free Cash Flow

$2.0B

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$10.9B

Total Liabilities

$8.1B

Stockholders' Equity

$123M

Cash & Equivalents

$740M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$115M	$756M	-84.7%
Gross Profit	$45M	$688M	-93.5%
Operating Income	-$140M	$457M	-130.5%
Net Income	-$12M	$22M	-154.5%