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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+29.6%$646.95M+23.3%$637.18M+34.7%$600.14M+34.3%$545.51M+20.0%
Corporate$18.49M+32.3%$20.79M+30.0%$17.99M-2.7%$15.41M-12.9%$13.97M-18.9%
Servicing And Asset Management$572.96M-1.6%$566.56M-4.2%$580.56M+1.1%$574.82M-0.4%$582.32M+1.8%
Profit Loss by Business
Capital Markets$117.31M+54.4%$90.66M+35.5%$103.93M+133%$97.86M+227%$75.97M+117%
Corporate-$133.46M-21.0%-$118.68M-2.1%-$119.12M-14.5%-$118.19M-13.1%-$110.26M-10.3%
Income Tax Expense Benefit by Business
Capital Markets$45.82M+89.3%$35.02M+72.7%$36.44M+142%$33.13M+220%$24.2M+92.4%
Corporate-$43.52M+5.3%-$45.85M-30.4%-$41.68M-19.7%-$39.25M-8.5%-$45.94M-34.8%
Total Assets by Business
Capital Markets$9.92B+60.2%$8.33B+44.5%$7.71B+38.8%$6.55B+24.5%$6.19B+7.5%
Corporate$2.08B+18.5%$2.07B+21.1%$2B+13.7%$1.84B-2.0%$1.76B-10.4%
Servicing And Asset Management$9.7B0.0%$9.64B+1.6%$9.66B+3.6%$9.75B+6.2%$9.7B+4.9%
Operating Expenses by Business
Capital Markets$543.7M+22.1%$521.28M+19.1%$496.81M+20.3%$469.16M+15.4%$445.35M+9.4%
Corporate$195.47M+14.9%$185.32M+10.7%$178.79M+13.6%$172.84M+9.1%$170.17M+12.5%
Servicing And Asset Management$459.4M+13.9%$448.71M+13.3%$410.45M+9.1%$407.12M+10.8%$403.22M+9.5%
Other Expenses by Business
Capital Markets$20.4M-5.0%$21.16M+4.3%$22.64M+8.1%$22.13M+10.7%$21.47M+4.4%
Corporate$83.9M+6.6%$82.6M+7.0%$81.67M+5.5%$79.14M+3.5%$78.7M+11.1%
Servicing And Asset Management$18.54M-44.2%$21.6M-32.0%$34.9M+16.2%$33.04M+16.1%$33.26M+5.0%
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest by Business
Capital Markets$163.12M+62.9%$125.68M+44.0%$140.36M+135%$130.98M+224%$100.16M+110%
Corporate-$176.98M-13.3%-$164.53M-8.7%-$160.8M-15.8%-$157.43M-11.9%-$156.2M-16.6%
Labor And Related Expense by Business
Capital Markets$498.67M+22.7%$475.29M+19.0%$456.62M+23.2%$430.5M+18.4%$406.53M+11.6%
Corporate$91.45M+17.1%$82.97M+7.8%$83.69M+27.8%$80.29M+19.3%$78.1M+18.6%
Servicing And Asset Management$89.13M+5.4%$89.55M+7.8%$89.56M+12.2%$87.21M+14.7%$84.54M+9.6%
Interest Expense Debt by Business
Capital Markets$17.3M-8.1%$17.51M-10.2%$17.64M-11.6%$17.99M-9.7%$18.83M-2.8%
Corporate$5.8M-5.6%$5.86M-7.8%$5.88M-21.2%$6M-19.5%$6.14M-17.0%
Servicing And Asset Management$41M-3.7%$41.35M-5.7%$41.13M-8.5%$42.44M-4.3%$42.57M-3.5%
D&A by Business
Capital Markets$4.58M+0.6%$4.58M+0.6%$4.57M+0.5%$4.56M+0.3%$4.56M+1.2%
Corporate$8.91M+23.2%$8.46M+22.1%$7.55M+7.8%$7.41M+2.6%$7.23M+1.3%
Servicing And Asset Management$230.54M+1.3%$225.64M-0.2%$232.53M+8.7%$230.2M+7.7%$227.49M+6.3%
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$380M+21.0%$380M+35.2%$380M+53.2%$347M+73.5%$314M
Goodwill by Business
Capital Markets$1.72B-3.7%$1.72B-5.5%$1.72B-7.1%$1.75B-7.8%$1.78B-9.0%
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-6.0%$152.58M-9.2%$159.46M-5.8%$156.72M-7.1%$161.77M-0.8%
Fair Value Of Expected Future Cash Flows From Servicing Rights Net$198.64M+23.8%$179.68M+17.0%$185.54M+40.4%$180.31M+45.3%$160.51M+20.9%
Investment Management Fees$35.17M-3.0%$34.63M-13.6%$23.44M-42.3%$29M-31.3%$36.25M-17.1%
Loan Origination And Debt Brokerage Fees Net$384.3M+37.6%$342.15M+23.7%$332.48M+33.6%$308.18M+33.2%$279.2M+20.8%
Net Warehouse Interest Income Expense Net-$4.68M+30.2%-$5.49M+21.9%-$6.77M+2.3%-$6.88M-1.0%-$6.7M+0.7%
Property Sales Broker Fees$83.18M+27.4%$83.52M+37.9%$76.21M+39.7%$68.98M+32.4%$65.28M+27.6%
Servicing Fees$340.66M+3.9%$337.44M+3.6%$334.06M+3.6%$331.1M+3.6%$327.82M+3.7%

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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.