UWM returns to quarterly profit as revenue beats expectations

UWM Holdings reported third-quarter 2026 results on November 4, with revenue of $811.09M and net income of $212.6M. Adjusted EPS was $0.10, exceeding the $0.05 estimate, while mortgage originations reached $33.4B. Adjusted EBITDA was $178.3M, below both the prior quarter and the year-earlier period.

The results show a return to profitability and a sizable revenue beat against pre-release estimates. However, adjusted EBITDA declined year over year, leaving investors to assess whether earnings strength can persist in a weaker mortgage market.

  • 1UWM reported $811.09M of third-quarter revenue, above the $687.22M estimate.
  • 2Third-quarter net income was $212.6M and adjusted diluted EPS was $0.10.
  • 3Mortgage origination volume reached $33.4B, including $22.8B from purchases and $10.6B from refinancing.
  • 4Adjusted EBITDA was $178.3M, compared with $185.9M in Q2 and $211.1M in Q3 2025.
  • 5The company reported approximately $1.35 billion of available liquidity at quarter-end.

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