v3.25.2
SEGMENTS - Reportable Segments (Details)
$ / shares in Units, $ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2025
USD ($)
segment
$ / shares
Mar. 31, 2025
USD ($)
Jun. 30, 2024
USD ($)
segment
$ / shares
Mar. 31, 2024
USD ($)
Jun. 30, 2025
USD ($)
segment
$ / shares
Jun. 30, 2024
USD ($)
segment
$ / shares
Dec. 31, 2024
USD ($)
Segments              
Number of reportable segments | segment 3   3   3 3  
Revenues              
Total revenues $ 319,240   $ 270,676   $ 556,607 $ 498,735  
Expenses              
Personnel 161,888   133,067   283,278 244,530  
Amortization and depreciation 58,936   56,043   116,557 111,934  
Provision (benefit) for credit losses 1,820   2,936   5,532 3,460  
Interest expense on corporate debt 16,767   17,874   32,281 35,533  
Other operating expenses 33,455   32,559   67,341 61,402  
Total expenses 272,866   242,479   504,989 456,859  
Income from operations 46,374   28,197   51,618 41,876  
Income tax expense (benefit) 12,425   7,902   14,944 10,766  
Net income before noncontrolling interests 33,949   20,295   36,674 31,110  
Less: net income (loss) from noncontrolling interests (3) $ (29) (2,368) $ (1,051) (32) (3,419)  
Walker & Dunlop net income 33,952 $ 2,754 22,663 $ 11,866 36,706 34,529  
Total assets $ 4,675,040   $ 4,175,398   $ 4,675,040 $ 4,175,398 $ 4,381,993
Diluted EPS | $ / shares $ 0.99   $ 0.67   $ 1.07 $ 1.02  
Operating margin 15.00%   10.00%   9.00% 8.00%  
Loan origination and debt brokerage fees, net              
Revenues              
Total revenues $ 94,309   $ 65,334   $ 140,690 $ 109,074  
Fair value of expected net cash flows from servicing, net              
Revenues              
Total revenues 53,153   33,349   80,964 54,247  
Servicing fees              
Revenues              
Total revenues 83,693   80,418   165,914 160,461  
Property sales broker fees              
Revenues              
Total revenues 14,964   11,265   28,485 20,086  
Investment management fees              
Revenues              
Total revenues 7,577   14,822   17,259 28,342  
Net warehouse interest income (expense)              
Revenues              
Total revenues (1,760)   (1,584)   (2,546) (2,700)  
Placement fees and other interest income              
Revenues              
Total revenues 35,986   41,040   69,197 80,442  
Other revenues              
Revenues              
Total revenues 31,318   26,032   56,644 48,783  
Operating Segments | Capital Markets              
Revenues              
Total revenues 172,791   118,170   275,361 200,067  
Expenses              
Personnel 116,441   92,480   202,907 171,667  
Amortization and depreciation 1,146   1,138   2,287 2,275  
Interest expense on corporate debt 4,468   5,299   8,655 10,150  
Other operating expenses 5,309   4,642   11,544 9,694  
Total expenses 127,364   103,559   225,393 193,786  
Income from operations 45,427   14,611   49,968 6,281  
Income tax expense (benefit) 12,285   3,359   14,466 1,615  
Net income before noncontrolling interests 33,142   11,252   35,502 4,666  
Less: net income (loss) from noncontrolling interests     213     327  
Walker & Dunlop net income 33,142   11,039   35,502 4,339  
Total assets $ 1,851,055   $ 1,491,821   $ 1,851,055 $ 1,491,821  
Diluted EPS | $ / shares $ 0.97   $ 0.33   $ 1.04 $ 0.13  
Operating margin 26.00%   12.00%   18.00% 3.00%  
Operating Segments | Capital Markets | Loan origination and debt brokerage fees, net              
Revenues              
Total revenues $ 93,764   $ 63,841   $ 139,061 $ 107,541  
Operating Segments | Capital Markets | Fair value of expected net cash flows from servicing, net              
Revenues              
Total revenues 53,153   33,349   80,964 54,247  
Operating Segments | Capital Markets | Property sales broker fees              
Revenues              
Total revenues 14,964   11,265   28,485 20,086  
Operating Segments | Capital Markets | Net warehouse interest income (expense)              
Revenues              
Total revenues (1,760)   (1,950)   (2,546) (3,524)  
Operating Segments | Capital Markets | Other revenues              
Revenues              
Total revenues 12,670   11,665   29,397 21,717  
Operating Segments | Servicing and Asset Management              
Revenues              
Total revenues 140,735   148,232   272,638 289,467  
Expenses              
Personnel 22,743   20,077   42,289 38,132  
Amortization and depreciation 55,882   53,173   110,380 106,244  
Provision (benefit) for credit losses 1,820   2,936   5,532 3,460  
Interest expense on corporate debt 10,810   10,946   20,741 22,137  
Other operating expenses 6,514   6,728   13,982 11,851  
Total expenses 97,769   93,860   192,924 181,824  
Income from operations 42,966   54,372   79,714 107,643  
Income tax expense (benefit) 5,428   16,521   23,079 27,674  
Net income before noncontrolling interests 37,538   37,851   56,635 79,969  
Less: net income (loss) from noncontrolling interests (3)   (2,581)   (32) (3,746)  
Walker & Dunlop net income 37,541   40,432   56,667 83,715  
Total assets $ 2,337,205   $ 2,283,259   $ 2,337,205 $ 2,283,259  
Diluted EPS | $ / shares $ 1.1   $ 1.19   $ 1.65 $ 2.47  
Operating margin 31.00%   37.00%   29.00% 37.00%  
Operating Segments | Servicing and Asset Management | Loan origination and debt brokerage fees, net              
Revenues              
Total revenues $ 545   $ 1,493   $ 1,629 $ 1,533  
Operating Segments | Servicing and Asset Management | Servicing fees              
Revenues              
Total revenues 83,693   80,418   165,914 160,461  
Operating Segments | Servicing and Asset Management | Investment management fees              
Revenues              
Total revenues 7,577   14,822   17,259 28,342  
Operating Segments | Servicing and Asset Management | Net warehouse interest income (expense)              
Revenues              
Total revenues     366     824  
Operating Segments | Servicing and Asset Management | Placement fees and other interest income              
Revenues              
Total revenues 32,651   37,170   62,273 72,773  
Operating Segments | Servicing and Asset Management | Other revenues              
Revenues              
Total revenues 16,269   13,963   25,563 25,534  
Operating Segments | Corporate              
Revenues              
Total revenues 5,714   4,274   8,608 9,201  
Expenses              
Personnel 22,704   20,510   38,082 34,731  
Amortization and depreciation 1,908   1,732   3,890 3,415  
Interest expense on corporate debt 1,489   1,629   2,885 3,246  
Other operating expenses 21,632   21,189   41,815 39,857  
Total expenses 47,733   45,060   86,672 81,249  
Income from operations (42,019)   (40,786)   (78,064) (72,048)  
Income tax expense (benefit) (5,288)   (11,978)   (22,601) (18,523)  
Net income before noncontrolling interests (36,731)   (28,808)   (55,463) (53,525)  
Walker & Dunlop net income (36,731)   (28,808)   (55,463) (53,525)  
Total assets $ 486,780   $ 400,318   $ 486,780 $ 400,318  
Diluted EPS | $ / shares $ (1.08)   $ (0.85)   $ (1.62) $ (1.58)  
Operating margin (735.00%)   (954.00%)   (907.00%) (783.00%)  
Operating Segments | Corporate | Placement fees and other interest income              
Revenues              
Total revenues $ 3,335   $ 3,870   $ 6,924 $ 7,669  
Operating Segments | Corporate | Other revenues              
Revenues              
Total revenues $ 2,379   $ 404   $ 1,684 $ 1,532