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Walker & Dunlop WD Business Segments

TTM Q1 '26TTM Q4 '25TTM Q3 '25TTM Q2 '25TTM Q1 '25
Revenue by Business
Capital Markets$706.82M+9.3%$646.95M+1.5%$637.18M+6.2%$600.14M+10.0%$545.51M+3.9%
Corporate$18.49M-11.1%$20.79M+15.6%$17.99M+16.8%$15.41M+10.3%$13.97M-12.7%
Servicing And Asset Management$572.96M+1.1%$566.56M-2.4%$580.56M+1.0%$574.82M-1.3%$582.32M-1.6%
Profit Loss by Business
Capital Markets$117.31M+29.4%$90.66M-12.8%$103.93M+6.2%$97.86M+28.8%$75.97M+13.5%
Corporate-$133.46M-12.4%-$118.68M+0.4%-$119.12M-0.8%-$118.19M-7.2%-$110.26M+5.1%
Income Tax Expense Benefit by Business
Capital Markets$45.82M+30.8%$35.02M-3.9%$36.44M+10.0%$33.13M+36.9%$24.2M+19.4%
Corporate-$43.52M+5.1%-$45.85M-10.0%-$41.68M-6.2%-$39.25M+14.6%-$45.94M-30.6%
Total Assets by Business
Capital Markets$9.92B+19.0%$8.33B+8.1%$7.71B+17.6%$6.55B+5.8%$6.19B+7.4%
Corporate$2.08B+0.6%$2.07B+3.3%$2B+8.6%$1.84B+4.9%$1.76B+2.8%
Servicing And Asset Management$9.7B+0.6%$9.64B-0.1%$9.66B-1.0%$9.75B+0.6%$9.7B+2.2%
Operating Expenses by Business
Capital Markets$543.7M+4.3%$521.28M+4.9%$496.81M+5.9%$469.16M+5.3%$445.35M+1.8%
Corporate$195.47M+5.5%$185.32M+3.7%$178.79M+3.4%$172.84M+1.6%$170.17M+1.6%
Servicing And Asset Management$459.4M+2.4%$448.71M+9.3%$410.45M+0.8%$407.12M+1.0%$403.22M+1.8%
Other Expenses by Business
Capital Markets$20.4M-3.6%$21.16M-6.5%$22.64M+2.3%$22.13M+3.1%$21.47M+5.8%
Corporate$83.9M+1.6%$82.6M+1.1%$81.67M+3.2%$79.14M+0.6%$78.7M+2.0%
Servicing And Asset Management$18.54M-14.1%$21.6M-38.1%$34.9M+5.6%$33.04M-0.6%$33.26M+4.7%
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest by Business
Capital Markets$163.12M+29.8%$125.68M-10.5%$140.36M+7.2%$130.98M+30.8%$100.16M+14.7%
Corporate-$176.98M-7.6%-$164.53M-2.3%-$160.8M-2.1%-$157.43M-0.8%-$156.2M-3.2%
Labor And Related Expense by Business
Capital Markets$498.67M+4.9%$475.29M+4.1%$456.62M+6.1%$430.5M+5.9%$406.53M+1.8%
Corporate$91.45M+10.2%$82.97M-0.9%$83.69M+4.2%$80.29M+2.8%$78.1M+1.5%
Servicing And Asset Management$89.13M-0.5%$89.55M0.0%$89.56M+2.7%$87.21M+3.2%$84.54M+1.8%
Interest Expense Debt by Business
Capital Markets$17.3M-1.2%$17.51M-0.8%$17.64M-2.0%$17.99M-4.4%$18.83M-3.4%
Corporate$5.8M-1.2%$5.86M-0.3%$5.88M-2.0%$6M-2.3%$6.14M-3.5%
Servicing And Asset Management$41M-0.8%$41.35M+0.5%$41.13M-3.1%$42.44M-0.3%$42.57M-2.9%
D&A by Business
Capital Markets$4.58M+0.1%$4.58M+0.2%$4.57M+0.2%$4.56M+0.2%$4.56M+0.1%
Corporate$8.91M+5.2%$8.46M+12.0%$7.55M+2.0%$7.41M+2.4%$7.23M+4.3%
Servicing And Asset Management$230.54M+2.2%$225.64M-3.0%$232.53M+1.0%$230.2M+1.2%$227.49M+0.6%
Goodwill Acquired by Business
Servicing And Asset Management$0$0$0$0$0
Goodwill Gross by Business
Capital Markets$2.1B0.0%$2.1B0.0%$2.1B0.0%$2.1B0.0%$2.1B0.0%
Servicing And Asset Management$1.76B0.0%$1.76B0.0%$1.76B0.0%$1.76B0.0%$1.76B0.0%
Goodwill Impaired Accumulated Impairment Loss by Business
Capital Markets$380M0.0%$380M0.0%$380M+9.5%$347M+10.5%$314M+11.7%
Goodwill by Business
Capital Markets$1.72B0.0%$1.72B0.0%$1.72B-1.9%$1.75B-1.9%$1.78B-1.8%
Corporate$0$0$0$0$0
Servicing And Asset Management$1.76B0.0%$1.76B0.0%$1.76B0.0%$1.76B0.0%$1.76B0.0%
Goodwill Impairment by Business
Servicing And Asset Management$0$0$0$0$0
Revenue by Product
Escrow Earnings And Other Interest Income$152.08M-0.3%$152.58M-4.3%$159.46M+1.8%$156.72M-3.1%$161.77M-3.7%
Fair Value Of Expected Future Cash Flows From Servicing Rights Net$198.64M+10.6%$179.68M-3.2%$185.54M+2.9%$180.31M+12.3%$160.51M+4.5%
Investment Management Fees$35.17M+1.6%$34.63M+47.8%$23.44M-19.2%$29M-20.0%$36.25M-9.6%
Loan Origination And Debt Brokerage Fees Net$384.3M+12.3%$342.15M+2.9%$332.48M+7.9%$308.18M+10.4%$279.2M+1.0%
Net Warehouse Interest Income Expense Net-$4.68M+14.8%-$5.49M+18.9%-$6.77M+1.6%-$6.88M-2.6%-$6.7M+4.7%
Property Sales Broker Fees$83.18M-0.4%$83.52M+9.6%$76.21M+10.5%$68.98M+5.7%$65.28M+7.8%
Servicing Fees$340.66M+1.0%$337.44M+1.0%$334.06M+0.9%$331.1M+1.0%$327.82M+0.7%

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Questions, answered.

How does Walker & Dunlop break its business down?
Walker & Dunlop (WD) reports revenue by business across 3 parts — Capital Markets, Corporate and Servicing And Asset Management. Each is extracted from the segment footnotes and tracked over time.
Where does Walker & Dunlop's segment data come from?
Segment breakdowns are pulled from the segment footnotes in Walker & Dunlop's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.