v3.26.1
Condensed Consolidated Statements of Income and Comprehensive Income - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Revenues        
Total revenues $ 306,690 $ 319,240 $ 608,021 $ 556,607
Expenses        
Personnel 162,909 161,888 315,738 283,278
Amortization and depreciation 60,699 58,936 123,663 116,557
Provision (benefit) for credit losses 20,966 1,820 25,084 5,532
Interest expense on corporate debt 15,260 16,767 30,162 32,281
Indemnified and repurchased loan expenses 6,884 683 16,945 1,540
Other operating expenses 37,898 32,772 68,405 65,801
Total expenses 304,616 272,866 579,997 504,989
Income before taxes 2,074 46,374 28,024 51,618
Income tax expense (benefit) (764) 12,425 7,258 14,944
Net income before noncontrolling interests and temporary equity holders 2,838 33,949 20,766 36,674
Less: net income (loss) from noncontrolling interests 12 (3) 986 (32)
Less: net income (loss) attributable to temporary equity holders (180)   903  
Walker & Dunlop net income 3,006 33,952 18,877 36,706
Other comprehensive income (loss), net of tax (591) 1,469 (1,264) 2,178
Walker & Dunlop comprehensive income $ 2,415 $ 35,421 $ 17,613 $ 38,884
Basic earnings per share (NOTE 11) $ 0.09 $ 1 $ 0.55 $ 1.08
Diluted earnings per share (NOTE 11) $ 0.09 $ 0.99 $ 0.55 $ 1.07
Basic weighted-average shares outstanding 33,263 33,358 33,328 33,311
Diluted weighted-average shares outstanding 33,275 33,371 33,343 33,333
Loan origination and debt brokerage fees, net        
Revenues        
Total revenues $ 92,893 $ 94,309 $ 181,425 $ 140,690
Fair value of expected net cash flows from servicing, net of guaranty obligation        
Revenues        
Total revenues 47,817 53,153 94,590 80,964
Servicing fees        
Revenues        
Total revenues 86,700 83,693 172,137 165,914
Property sales broker fees        
Revenues        
Total revenues 12,787 14,964 25,966 28,485
Investment management fees        
Revenues        
Total revenues 6,907 7,577 17,133 17,259
Net warehouse interest income (expense)        
Revenues        
Total revenues 369 (1,760) 394 (2,546)
Placement fees and other interest income        
Revenues        
Total revenues 32,440 35,986 65,144 69,197
Other revenues        
Revenues        
Total revenues $ 26,777 $ 31,318 $ 51,232 $ 56,644