UWMC Q3 2023 Earnings — UWM Holdings Corporation Revenue & Financial Results | Market Cap Arena

UWMCUWM Holdings Corporation

$6B

Q3 2023 Earnings

Financial Services Financial - Mortgages

Income Statement

Revenue

$619M-2.5% YoY

Gross Profit

$514M82.9% margin

Operating Income

$302M48.7% margin

Net Income

$18M2.9% margin

EPS (Diluted)

$0.20

QoQ Revenue Growth

+14.4%

Cash Flow

Operating Cash Flow

$346M

Free Cash Flow

$340M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$12.2B

Total Liabilities

$9.1B

Stockholders' Equity

$132M

Cash & Equivalents

$730M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$619M	$635M	-2.5%
Gross Profit	$514M	$553M	-7.1%
Operating Income	$302M	$330M	-8.7%
Net Income	$18M	$12M	+55.9%