Q2 FY2026 EarningsQ2 FY26 revenue beat consensus at $888.0M vs. $727.5M expected, while GAAP EPS missed significantly at -$0.24 vs. $0.08 estimated. The bottom-line miss was primarily driven by a $603.2M non-cash loss on interest rate derivatives following a period of high rate volatility. Despite the reported net loss, Adjusted EBITDA remained resilient at $185.9M, supported by a 20bps YoY expansion in gain margin to 1.33% and a strategic capital infusion of $1.65B from Oaktree and the Ishbia family post-quarter end.
Financial report interval: 2026.03.30 - 2026.06.30
Overview: UWM(UWMC) the Revenue is 162.13 M (-81.06%), Miss estimate;the EPS is -0.24 (-318.2%), Miss estimate.
Actual
YoY
Estimate
YoY
Vs estimate
YoY
RevenueMiss expectations
0.16B81.06%
0.73B15.03%
-0.57B66.03%
EBIT
TBA--
0.23B--
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EPSMiss expectations
-0.24318.18%
0.082525.00%
-0.3225293.18%
Revenue
ActualEstimateUnit: USD
qf
EBIT
ActualEstimateUnit: USD
qf
Net income
ActualEstimateUnit: USD
qf
EPS
ActualEstimateUnit: USD
qf