Walker & Dunlop Q4 2025 net loss of $13.9 million; revenue flat at $340.0 million
Walker & Dunlop reported a fourth-quarter 2025 net loss of $13.9 million, or $0.41 per diluted share, compared with net income of $44.8 million a year earlier, while total revenues were flat at $340.0 million. Transaction volume rose 36% to $18.3 billion, but the company recorded $66.2 million of expenses, mainly impairment charges and losses tied to underperforming assets and repurchased loans. The Board declared a $0.68 per share dividend for the first quarter of 2026.
Key points
- Q4 2025 net loss of $13.9 million, or $0.41 per diluted share, versus net income of $44.8 million in Q4 2024
- Total revenues of $340.0 million, flat from Q4 2024; total transaction volume up 36% to $18.3 billion
- $66.2 million of expenses, primarily impairment charges on assets the company plans to sell in 2026 and losses on indemnified and repurchased loans
- Quarterly dividend of $0.68 per share declared for Q1 2026, a 1.5% increase over the 2025 quarterly dividend
The filing
Written by AI on Nov 8, 2026, 6:57 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 26, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.