Source: Walker & Dunlop, Inc.'s 10-K / 10-Q XBRL data on SEC EDGAR · fetched Nov 06, 2026
Revenue, net income & free cash flow
Income statement
fiscal years · USD
Fiscal year
FY2016
FY2017
FY2018
FY2019
FY2020
FY2021
FY2022
FY2023
FY2024
FY2025
Revenue
$51.55M
$82.39M
$95.71M
$127.48M
$125.64M
$363.52M
$429.97M
$258.21M
$265.38M
$319.96M
Interest expense
$9.85M
$9.74M
$10.13M
$14.36M
$8.55M
$32.78M
$49.29M
$50.34M
$69.69M
$64.72M
Pre-tax income
$185.78M
$233.66M
$212.85M
$230.35M
$330.27M
$352.06M
$264.96M
$138.20M
$131.50M
$79.00M
Income tax
$71.47M
$21.83M
$51.91M
$57.12M
$84.31M
$86.43M
$56.03M
$35.03M
$30.54M
$22.01M
Net income
$113.90M
$211.13M
$161.44M
$173.37M
$246.18M
$265.76M
$213.82M
$107.36M
$108.17M
$56.25M
EPS (basic)
$3.66
$6.72
$5.15
$5.61
$7.85
$8.27
$6.43
$3.20
$3.19
$1.65
EPS (diluted)
$3.57
$6.47
$4.96
$5.45
$7.69
$8.15
$6.36
$3.18
$3.19
$1.64
Diluted shares
30.54M
31.39M
31.38M
30.82M
31.08M
31.53M
32.69M
32.88M
33.16M
33.37M
Net margin
221.0%
256.3%
168.7%
136.0%
195.9%
73.1%
49.7%
41.6%
40.8%
17.6%
Balance sheet
fiscal years · USD
Fiscal year
FY2016
FY2017
FY2018
FY2019
FY2020
FY2021
FY2022
FY2023
FY2024
FY2025
Cash & equivalents
$118.76M
$191.22M
$90.06M
$120.69M
$321.10M
$305.63M
$225.95M
$328.70M
$279.27M
$299.31M
Goodwill
$96.42M
$123.77M
$173.90M
$180.42M
$248.96M
$698.63M
$959.71M
$901.71M
$868.71M
$868.71M
Total assets
$3.05B
$2.21B
$2.78B
$2.68B
$4.65B
$5.21B
$4.05B
$4.05B
$4.38B
$5.06B
Total liabilities
$2.44B
$1.39B
$1.87B
$1.63B
$3.45B
$3.63B
$2.33B
$2.31B
$2.62B
$3.31B
Shareholders' equity
$610.22M
$809.42M
$902.12M
$1.04B
$1.20B
$1.55B
$1.69B
$1.72B
$1.75B
$1.74B
Cash flow
fiscal years · USD
Fiscal year
FY2016
FY2017
FY2018
FY2019
FY2020
FY2021
FY2022
FY2023
FY2024
FY2025
Operating cash flow
$759.46M
$1.07B
$64.08M
$427.56M
-$1.41B
$870.46M
$1.58B
-$518.00K
$129.36M
-$664.31M
Capital expenditures
$2.48M
$5.21M
$4.72M
$4.71M
$2.98M
$9.21M
$22.00M
$16.20M
$12.96M
$15.77M
Free cash flow
$756.99M
$1.06B
$59.35M
$422.85M
-$1.41B
$861.25M
$1.56B
-$16.72M
$116.40M
-$680.08M
Investing cash flow
-$66.76M
$97.17M
-$552.24M
-$79.70M
$115.18M
-$377.55M
-$133.78M
$126.87M
-$38.13M
-$77.34M
Financing cash flow
-$693.62M
-$1.09B
$321.83M
-$331.64M
$1.52B
-$457.73M
-$1.58B
$6.77M
-$154.73M
$758.13M
Dividends paid
—
—
$31.45M
$37.27M
$45.35M
$64.45M
$80.14M
$84.84M
$88.63M
$91.80M
Share buybacks
$12.89M
$34.90M
$68.83M
$30.68M
$45.77M
$18.87M
$42.37M
$20.51M
$12.38M
$10.45M
Stock-based compensation
$18.48M
$21.13M
$23.96M
$24.07M
$28.32M
$36.58M
$33.99M
$27.84M
$27.33M
$26.75M
Depreciation & amortization
$111.43M
$131.25M
$142.13M
$152.47M
$169.01M
$210.28M
$235.03M
$226.75M
$237.55M
$238.68M
Income statement
quarters · USD
Quarter ended
Dec 2023
Mar 2024
Jun 2024
Sep 2024
Dec 2024
Mar 2025
Jun 2025
Sep 2025
Dec 2025
Mar 2026
Jun 2026
Sep 2026
Revenue
$66.95M
$52.40M
$68.43M
$64.39M
$80.16M
$57.96M
$77.75M
$76.46M
$107.79M
$71.53M
$82.37M
$94.15M
Interest expense
$12.77M
$8.61M
$17.87M
$18.23M
$15.92M
$15.51M
$16.77M
$16.45M
$15.98M
$14.90M
$15.26M
$15.33M
Pre-tax income
$39.37M
$13.68M
$28.20M
$37.51M
$52.12M
$5.24M
$46.37M
$45.94M
-$18.56M
$25.95M
$2.07M
-$47.17M
Income tax
$10.33M
$2.86M
$7.90M
$8.82M
$10.96M
$2.52M
$12.43M
$12.52M
-$5.45M
$8.02M
-$764.00K
-$10.31M
Net income
$31.60M
$11.87M
$22.66M
$28.80M
$44.84M
$2.75M
$33.95M
$33.45M
-$13.91M
$15.87M
$3.01M
-$37.26M
EPS (basic)
$0.94
$0.35
$0.67
$0.85
$1.32
$0.08
$1.00
$0.98
$-0.40
$0.46
$0.09
$-1.15
EPS (diluted)
$0.93
$0.35
$0.67
$0.85
$1.32
$0.08
$0.99
$0.98
$-0.41
$0.46
$0.09
$-1.15
Diluted shares
22.00K
33.05M
33.15M
33.20M
23.00K
33.30M
33.37M
33.40M
14.00K
33.41M
33.27M
33.28M
Net margin
47.2%
22.6%
33.1%
44.7%
55.9%
4.8%
43.7%
43.7%
-12.9%
22.2%
3.6%
-39.6%
Balance sheet
quarters · USD
Quarter ended
Dec 2023
Mar 2024
Jun 2024
Sep 2024
Dec 2024
Mar 2025
Jun 2025
Sep 2025
Dec 2025
Mar 2026
Jun 2026
Sep 2026
Cash & equivalents
$328.70M
$216.53M
$208.09M
$179.76M
$279.27M
$180.97M
$233.71M
$274.83M
$299.31M
$192.53M
$160.86M
$183.24M
Goodwill
$901.71M
$901.71M
$901.71M
$901.71M
$868.71M
$868.71M
$868.71M
$868.71M
$868.71M
$868.71M
$868.71M
$868.71M
Total assets
$4.05B
$3.83B
$4.18B
$4.58B
$4.38B
$4.51B
$4.68B
$5.80B
$5.06B
$6.17B
$4.89B
$4.26B
Total liabilities
$2.31B
$2.09B
$2.44B
$2.83B
$2.62B
$2.77B
$2.91B
$4.02B
$3.31B
$4.43B
$3.17B
$2.59B
Shareholders' equity
$1.72B
$1.72B
$1.70B
$1.71B
$1.75B
$1.73B
$1.75B
$1.77B
$1.74B
$1.72B
$1.71B
$1.65B
Cash flow
quarters · USD
Quarter ended
Dec 2023
Mar 2024
Jun 2024
Sep 2024
Dec 2024
Mar 2025
Jun 2025
Sep 2025
Dec 2025
Mar 2026
Jun 2026
Sep 2026
Operating cash flow
$331.89M
$38.40M
-$237.85M
-$202.01M
$530.82M
-$281.11M
-$238.45M
-$948.12M
$803.37M
-$1.14B
$1.17B
$724.22M
Capital expenditures
$2.32M
$3.22M
$3.83M
$1.97M
$3.94M
$3.63M
$2.57M
$2.31M
$7.26M
$1.89M
$600.00K
$5.35M
Free cash flow
$329.57M
$35.18M
-$241.68M
-$203.98M
$526.88M
-$284.74M
-$241.02M
-$950.43M
$796.10M
-$1.15B
$1.17B
$718.87M
Investing cash flow
-$19.70M
-$25.05M
-$4.56M
-$7.53M
-$992.00K
-$39.38M
-$22.54M
-$2.91M
-$12.51M
-$40.08M
-$4.90M
-$29.00M
Financing cash flow
-$221.44M
-$124.15M
$243.30M
$194.69M
-$468.57M
$222.03M
$324.33M
$996.13M
-$784.35M
$1.07B
-$1.20B
-$667.49M
Dividends paid
$21.30M
$21.96M
$22.25M
$22.07M
$22.35M
$22.93M
$22.92M
$22.97M
$22.97M
$23.61M
$23.55M
$23.68M
Share buybacks
$1.58M
$9.79M
$809.00K
$1.41M
$369.00K
$8.59M
$645.00K
$1.04M
$183.00K
$19.10M
$298.00K
$792.00K
Depreciation & amortization
$56.02M
$55.89M
$56.04M
$57.56M
$68.05M
$57.62M
$58.94M
$60.04M
$62.08M
$62.96M
$60.70M
$61.56M
Quarterly figures are rebuilt from the year-to-date totals companies report — Q4 is the full year minus the first nine months, since no 10-Q is filed for it. Values are as filed; later restatements replace earlier ones. Fiscal years are labelled by the calendar year in which they end.