UWM

Q3 FY2026 EarningsQ3 FY26 results presented a significant beat on top-line and GAAP EPS metrics despite a YoY decline in loan volume. Revenue reached $811.1M (+17.5% vs. consensus), driven by higher interest income and servicing fees. GAAP Diluted EPS of $0.09 substantially beat the $0.055 consensus, bolstered by a $470.3M mark-to-market gain on MSRs. While loan production volume fell 20.0% YoY to $33.4B, gain margin remained resilient at 1.24%, aligning with mid-point expectations.