UWMC Q1 2024 Earnings — UWM Holdings Corporation Revenue & Financial Results | Market Cap Arena

UWMCUWM Holdings Corporation

$6B

Q1 2024 Earnings

Financial Services Financial - Mortgages

Income Statement

Revenue

$519M+349.2% YoY

Gross Profit

$410M79.0% margin

Operating Income

$184M35.5% margin

Net Income

$9M1.7% margin

EPS (Diluted)

$0.09

QoQ Revenue Growth

+419.5%

Cash Flow

Operating Cash Flow

-$2.2B

Free Cash Flow

-$2.2B

Stock-Based Comp.

$6M

Balance Sheet

Total Assets

$12.8B

Total Liabilities

$10.3B

Stockholders' Equity

$114M

Cash & Equivalents

$606M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$519M	$115M	+349.2%
Gross Profit	$410M	$45M	+817.3%
Operating Income	$184M	-$140M	+232.0%
Net Income	$9M	-$12M	+173.1%