FY2025 · ended Dec 31, 2025 · Revenue $319.96M, +20.6% YoY · Filed Feb 26, 2026
Walker & Dunlop, Inc. (WD) files with the SEC under industry code 6199, Finance Services. In fiscal 2025, which ended Dec 31, 2025, it reported revenue of $320.0 million and net income of $56.2 million. Free cash flow was -$680.1 million.
Revenue (TTM)
$355.84M
+21.7% vs year-ago TTM
Net income (TTM)
$-32.29M
-128.1% vs year-ago TTM
Operating cash flow (TTM)
$1.55B
+265.8% vs year-ago TTM
Free cash flow (TTM)
$1.54B
+262.0% vs year-ago TTM
EPS (TTM)
$-1.04
-130.8% vs year-ago TTM
Dividend per share
$2.68
+3.1% vs prior year
Shares outstanding
34.06M
+0.8% vs prior year
Net cash
$194.19M
FY 2025
Operating margin
—
Company profile
- Industry
- Finance Services (SIC 6199)
- Listed as
- WD (NYSE)
- Fiscal year ends
- December 31
- Incorporated in
- MD
- Headquarters
- Bethesda, MD
- SEC filer status
- Large accelerated filer
- SEC CIK
- 1497770
Other Finance Services companies
Key figures
Fiscal-year totals from the annual reports. Balance sheet lines are as of each year end.
| Line | FY 2025 Dec 31, 2025 |
FY 2024 Dec 31, 2024 |
FY 2023 Dec 31, 2023 |
FY 2022 Dec 31, 2022 |
FY 2021 Dec 31, 2021 |
|---|---|---|---|---|---|
| Revenue | $320.0M | $265.4M | $258.2M | $430.0M | $363.5M |
| Net income | $56.2M | $108.2M | $107.4M | $213.8M | $265.8M |
| Diluted EPS | $1.64 | $3.19 | $3.18 | $6.36 | $8.15 |
| Operating cash flow | -$664.3M | $129.4M | -$518,000 | $1.6B | $870.5M |
| Free cash flow | -$680.1M | $116.4M | -$16.7M | $1.6B | $861.2M |
| Total assets | $5.1B | $4.4B | $4.1B | $4.0B | $5.2B |
| Total liabilities | $3.3B | $2.6B | $2.3B | $2.3B | $3.6B |
| Stockholders' equity | $1.7B | $1.7B | $1.7B | $1.7B | $1.6B |
| Cash and investments | $299.3M | $279.3M | $328.7M | $225.9M | $305.6M |
| Total debt | $105.1M | $107.5M | $101.4M | $79.6M | $29.5M |
Recent SEC filings
| Form | Description | Filed | Period |
|---|---|---|---|
| 8-K |
Current report
Material agreement, New debt
|
Oct 30, 2026 | Oct 26, 2026 |
| 8-K |
Current report
Officer or director change
|
Oct 6, 2026 | Sep 30, 2026 |
| 8-K |
Current report
Material agreement, New debt
|
Sep 15, 2026 | Sep 9, 2026 |
| 10-Q | Quarterly report | Aug 6, 2026 | Jun 30, 2026 |
| 8-K |
Current report
Results of operations
|
Aug 6, 2026 | Aug 6, 2026 |
| 8-K |
Current report
Shareholder vote results
|
May 21, 2026 | May 19, 2026 |
All 1003 Walker & Dunlop, Inc. SEC filings
Source: SEC EDGAR filings. This is company-reported data, not investment advice.