UWM Holdings Q2 revenue up 22%, beats estimates

UWM Holdings

07/08/2025 13:39

Overview

UWM Holdings Q2 revenue rises 22% yr/yr, beating analyst expectations, per LSEG data

Adjusted EPS for Q2 beats consensus, driven by strategic decisions and product launches

Adjusted net income and EBITDA for Q2 exceed analyst estimates, per LSEG data

Outlook

Company anticipates Q3 production between $33 bln and $40 bln

UWM expects Q3 gain margin of 100 to 125 basis points

Result Drivers

GROWTH IN ORIGINATIONS - UWM's loan origination volume rose 18% year-over-year to $39.7 bln, driven by increased purchase originations, which grew to $27.3 bln from $27.2 bln in 2Q24

AI TECHNOLOGIES - UWM attributes its financial performance to strategic decisions and product launches, including the deployment of new AI technologies, Mia and LEO, which have shown measurable results, per CEO Mat Ishbia

GAIN MARGIN IMPROVEMENT - Total gain margin increased to 113 bps in 2Q25 from 94 bps in 1Q25, attributed to strategic initiatives

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Beat
$758.70 mln
$697 mln (2 Analysts)
Q2 Adjusted EPS
Beat
$0.16
$0.06 (8 Analysts)
Q2 EPS
$0.11
Q2 Adjusted Net Income
Beat
$249.43 mln
$93.30 mln (4 Analysts)
Q2 Net Income
$314.48 mln
Q2 Adjusted EBITDA
Beat
$195.68 mln
$151 mln (1 Analyst)

Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 3 "strong buy" or "buy", 6 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the consumer lending peer group is "buy."

Wall Street's median 12-month price target for UWM Holdings Corp is $5.25, about 19.6% above its August 6 closing price of $4.22

The stock recently traded at 11 times the next 12-month earnings vs. a P/E of 12 three months ago

Press Release: ID:nBw3KHyv6a

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)