The financials
Walker & Dunlop, Inc. by the numbers
Walker & Dunlop, Inc. (WD) reported revenue of $301M in Q1 2026 (quarter ended Mar 31, 2026), up 27% from the same quarter a year earlier. That came with net income of $16M (5.3% of revenue). For the full year FY2025, revenue was $1.23B (+9.0% year on year) and net income $56M. Its largest product in Jun 2026 was Loan Origination And Debt Brokerage Fees Net at $93M, 28% of the disclosed total, just ahead of Servicing Fees at 26%.
| Income statement | Q1 2026 | Q1 2025 | Change |
|---|---|---|---|
| Revenue | $301M | $237M | +27% |
| Net income | $16M | $2.8M | +476% |
| Diluted EPS | $0.46 | $0.08 | +475% |
| Product | Revenue | Share |
|---|---|---|
| Loan Origination And Debt Brokerage Fees Net | $93M | 28% |
| Servicing Fees | $87M | 26% |
| Fair Value Of Expected Future Cash Flows From Servicing Rights Net | $48M | 14% |
| Escrow Earnings And Other Interest Income | $32M | 9.8% |
| Product And Service Other | $27M | 8.1% |
| Application Fees Subscription Revenues Other Revenues From Lihtc Operations And Other | $25M | 7.6% |
| Property Sales Broker Fees | $13M | 3.9% |
| Investment Management Fees | $6.9M | 2.1% |
| Net Warehouse Interest Income Expense Net | $369K | 0.1% |
Business Segments
Revenue split by product segment, from SEC XBRL filings.
Latest period: Jun 2026Total $332.1M (+4.6%)
Application Fees Subscription Revenues Other Revenues From Lihtc Operations And Other grew +6.8% year on yearProperty Sales Broker Fees -15% year on year
Segment Latestquarter on quarteryear on year
- Loan Origination And Debt Brokerage Fees Net$92.9M$92.9MQoQ +4.9%year on year -1.5%+4.9%-1.5%
- Servicing Fees$86.7M$86.7MQoQ +1.5%year on year +3.6%+1.5%+3.6%
- Fair Value Of Expected Future Cash Flows From Servicing Rights Net$47.8M$47.8MQoQ +2.2%year on year -10%+2.2%-10%
- Escrow Earnings And Other Interest Income$32.4M$32.4MQoQ -0.81%year on year -9.9%-0.81%-9.9%
- Product And Service Other$26.8M$26.8MQoQ +9.5%year on year -14%+9.5%-14%
- Application Fees Subscription Revenues Other Revenues From Lihtc Operations And Other$25.4M$25.4MQoQ +57%year on year +6.8%+57%+6.8%
- Property Sales Broker Fees$12.8M$12.8MQoQ -3.0%year on year -15%-3.0%-15%
- Investment Management Fees$6.9M$6.9MQoQ -32%year on year -8.8%-32%-8.8%
- Net Warehouse Interest Income Expense Net$369.0K$369.0KQoQ +1376%year on year -+1376%-