Walker & Dunlop Q2 revenue rises 18% to $319.2 million; adjusted core EPS falls 7%
Walker & Dunlop reported second quarter 2025 results with total revenues up 18% to $319.2 million and GAAP diluted EPS up 48% to $0.99. Adjusted EBITDA fell 5% to $76.8 million and adjusted core EPS fell 7% to $1.15, and the company said a large non-cash increase in MSR income was a major source of the GAAP earnings gain.
Key points
- Total transaction volume rose 65% year over year to $14.0 billion in Q2 2025.
- Net income rose 50% to $34.0 million; diluted EPS rose 48% to $0.99.
- Adjusted EBITDA fell 5% to $76.8 million and adjusted core EPS fell 7% to $1.15.
- The Board declared a third quarter 2025 dividend of $0.67 per share.
The filing
Written by AI on Nov 8, 2026, 6:58 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 August 07, 2025.
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.