v3.26.3
Condensed Consolidated Statements of Income and Comprehensive Income - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Sep. 30, 2026
Sep. 30, 2025
Revenues        
Total revenues $ 298,449 $ 337,675 $ 906,470 $ 894,282
Expenses        
Personnel 164,693 177,418 480,431 460,696
Amortization and depreciation 61,562 60,041 185,225 176,598
Provision (benefit) for credit losses (4,232) 949 20,852 6,481
Interest expense on corporate debt 15,330 16,451 45,492 48,732
Indemnified and repurchased loan expenses, net 63,072 3,526 80,017 5,066
Other operating expenses 45,198 33,353 113,603 99,154
Total expenses 345,623 291,738 925,620 796,727
Income (loss) before taxes (47,174) 45,937 (19,150) 97,555
Income tax expense (benefit) (10,306) 12,516 (3,048) 27,460
Net income (loss) before noncontrolling interests and temporary equity holders (36,868) 33,421 (16,102) 70,095
Less: net income (loss) from noncontrolling interests 32 (31) 1,018 (63)
Less: net income (loss) attributable to temporary equity holders 358   1,261  
Walker & Dunlop net income (loss) (37,258) 33,452 (18,381) 70,158
Other comprehensive income (loss), net of tax (1,371) (931) (2,635) 1,247
Walker & Dunlop comprehensive income (loss) $ (38,629) $ 32,521 $ (21,016) $ 71,405
Basic earnings per share (NOTE 11) $ (1.15) $ 0.98 $ (0.63) $ 2.05
Diluted earnings per share (NOTE 11) $ (1.15) $ 0.98 $ (0.63) $ 2.05
Basic weighted-average shares outstanding 33,284 33,376 33,313 33,333
Diluted weighted-average shares outstanding 33,284 33,397 33,313 33,355
Loan origination and debt brokerage fees, net        
Revenues        
Total revenues $ 81,257 $ 97,845 $ 262,682 $ 238,535
Fair value of expected net cash flows from servicing, net of guaranty obligation        
Revenues        
Total revenues 29,196 48,657 123,786 129,621
Servicing fees        
Revenues        
Total revenues 87,690 85,189 259,827 251,103
Property sales broker fees        
Revenues        
Total revenues 19,780 26,546 45,746 55,031
Investment management fees        
Revenues        
Total revenues 8,583 6,178 25,716 23,437
Net warehouse interest income (expense)        
Revenues        
Total revenues 888 (2,035) 1,282 (4,581)
Placement fees and other interest income        
Revenues        
Total revenues 37,141 46,302 102,285 115,499
Other revenues        
Revenues        
Total revenues $ 33,914 $ 28,993 $ 85,146 $ 85,637