Walker & Dunlop, Inc. (WD) — Financial statements
Income statement, balance sheet, and cash flow for Walker & Dunlop, Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 1,234↑9.0% | 1,132↑7.4% | 1,054↓16.2% | 1,259↓0.0% | 1,259 | |
| Cost of Revenue | 477↓24.1% | 629↑7.9% | 583↓9.2% | 642↑4.9% | 611 | |
| Gross Profit | 757↑50.3% | 504↑6.8% | 472↓23.6% | 617↓4.7% | 648 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 0.00↓100.0% | 95↑13.0% | 84↓10.8% | 94↑55.8% | 60 | |
| Selling & Marketing Expenses | 0.00↓100.0% | 13↑3.3% | 12↓18.2% | 15↑18.5% | 13 | |
| SG&A Expenses | 0.00↓100.0% | 107↑11.8% | 96↓11.8% | 109↑49.4% | 73 | |
| Other Expenses | 544↑105.5% | 265↑11.5% | 237↓2.4% | 243↑9.2% | 223 | |
| Operating Expenses | 544↑46.2% | 372↑11.6% | 333↓5.3% | 352↑19.1% | 296 | |
| Total Costs & Expenses | 1,021↑2.0% | 1,001↑9.2% | 916↓7.8% | 994↑9.6% | 907 | |
| Operating Results | ||||||
| Operating Income | 213↑62.0% | 132↓4.8% | 138↓47.8% | 265↓24.7% | 352 | |
| Depreciation & Amortization | 239↑0.5% | 238↑4.8% | 227↓3.5% | 235↑11.8% | 210 | |
| EBITDA | 382↑8.7% | 352↓3.5% | 364↓25.1% | 486↓14.5% | 569 | |
| EBIT | 144↑25.9% | 114↓17.1% | 138↓45.2% | 251↓29.9% | 359 | |
| Interest & Other Income | ||||||
| Net Interest Income | -5 | 0.00 | 0.00 | 0.00↑100.0% | -8 | |
| Interest Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Interest Expense | 5 | 0.00 | 0.00 | 0.00↓100.0% | 8 | |
| Non-Operating Income | 69↑300.4% | 17↑3364.2% | 0.50↓96.3% | 14↑296.1% | -7 | |
| Other Income / Expenses | -134 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Income Before Tax | 79↓39.9% | 132↓4.8% | 138↓47.8% | 265↓24.7% | 352 | |
| Income Tax Expense | 22↓27.9% | 31↓12.8% | 35↓37.5% | 56↓35.2% | 86 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 57↓43.6% | 101↓2.1% | 103↓50.6% | 209↓21.3% | 266 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 57↓47.2% | 108↑0.8% | 107↓49.8% | 214↓19.5% | 266 | |
| Bottom-Line Net Income | 56↓46.8% | 106↑1.1% | 105↓49.6% | 208↓19.2% | 257 | |
| EPS (Basic) | 1.69↓47.0% | 3.19↓0.3% | 3.20↓50.2% | 6.43↓22.2% | 8.27 | |
| EPS (Diluted) | 1.64↓48.6% | 3.19↑0.3% | 3.18↓50.0% | 6.36↓22.0% | 8.15 | |
| Weighted Average Shares | 33↑0.7% | 33↑1.3% | 33↑1.1% | 32↑4.0% | 31 | |
| Weighted Average Diluted Shares | 33↑0.6% | 33↑0.9% | 33↑0.6% | 33↑3.7% | 32 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.