UWMC Q2 2023 Earnings — UWM Holdings Corporation Revenue & Financial Results | Market Cap Arena

UWMCUWM Holdings Corporation

$6B

Q2 2023 Earnings

Financial Services Financial - Mortgages

Income Statement

Revenue

$541M+8.3% YoY

Gross Profit

$450M83.1% margin

Operating Income

$230M42.5% margin

Net Income

$8M1.4% margin

EPS (Diluted)

$0.08

QoQ Revenue Growth

+368.9%

Cash Flow

Operating Cash Flow

-$1.8B

Free Cash Flow

-$1.8B

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$12.4B

Total Liabilities

$9.5B

Stockholders' Equity

$122M

Cash & Equivalents

$635M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$541M	$500M	+8.3%
Gross Profit	$450M	$436M	+3.1%
Operating Income	$230M	$216M	+6.4%
Net Income	$8M	$8M	-9.7%