v3.26.3
SEGMENTS - Reportable Segments (Details)
$ / shares in Units, $ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2026
USD ($)
$ / shares
Jun. 30, 2026
USD ($)
Mar. 31, 2026
USD ($)
Sep. 30, 2025
USD ($)
$ / shares
Jun. 30, 2025
USD ($)
Mar. 31, 2025
USD ($)
Sep. 30, 2026
USD ($)
segment
$ / shares
Sep. 30, 2025
USD ($)
segment
$ / shares
Dec. 31, 2025
USD ($)
Segments                  
Number of reportable segments | segment             3 3  
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 $ (180) $ 1,083       1,261    
Walker & Dunlop net income (loss) (37,258) $ 3,006 $ 15,871 33,452 $ 33,952 $ 2,754 (18,381) 70,158  
Total assets $ 4,260,013     $ 5,797,275     $ 4,260,013 $ 5,797,275 $ 5,059,478
Diluted EPS | $ / shares $ (1.15)     $ 0.98     $ (0.63) $ 2.05  
Operating margin (16.00%)     14.00%     (2.00%) 11.00%  
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  
Operating Segments | Capital Markets                  
Revenues                  
Total revenues 147,765     180,754     478,992 456,115  
Expenses                  
Personnel 119,671     131,113     345,580 334,020  
Amortization and depreciation 1,146     1,146     3,438 3,433  
Interest expense on corporate debt 4,154     4,535     12,164 13,190  
Other operating expenses 7,739     5,647     23,739 17,191  
Total expenses 132,710     142,441     384,921 367,834  
Income (loss) before taxes 15,055     38,313     94,071 88,281  
Income tax expense (benefit) 3,302     10,383     23,768 24,849  
Net income (loss) before noncontrolling interests and temporary equity holders 11,753     27,930     70,303 63,432  
Less: net income (loss) attributable to temporary equity holders 358           1,261    
Walker & Dunlop net income (loss) 11,395     27,930     69,042 63,432  
Total assets $ 1,442,702     $ 2,866,772     $ 1,442,702 $ 2,866,772  
Diluted EPS | $ / shares $ 0.35     $ 0.81     $ 2.37 $ 1.85  
Operating margin 10.00%     21.00%     20.00% 19.00%  
Operating Segments | Capital Markets | Loan origination and debt brokerage fees, net                  
Revenues                  
Total revenues $ 79,528     $ 96,147     $ 258,251 $ 235,208  
Operating Segments | Capital Markets | Fair value of expected net cash flows from servicing, net of guaranty obligation                  
Revenues                  
Total revenues 29,196     48,657     123,786 129,621  
Operating Segments | Capital Markets | Property sales broker fees                  
Revenues                  
Total revenues 19,780     26,546     45,746 55,031  
Operating Segments | Capital Markets | Net warehouse interest income (expense)                  
Revenues                  
Total revenues 630     (2,035)     504 (4,581)  
Operating Segments | Capital Markets | Other revenues                  
Revenues                  
Total revenues 18,631     11,439     50,705 40,836  
Operating Segments | Servicing and Asset Management                  
Revenues                  
Total revenues 148,301     150,628     420,198 423,266  
Expenses                  
Personnel 21,598     23,304     62,462 65,593  
Amortization and depreciation 57,636     56,991     174,211 167,371  
Provision (benefit) for credit losses (4,232)     949     20,852 6,481  
Interest expense on corporate debt 9,561     10,404     29,043 31,145  
Indemnified and repurchased loan expenses, net 63,072     3,526     80,017 5,066  
Other operating expenses 16,013     4,944     27,212 17,386  
Total expenses 163,648     100,118     393,797 293,042  
Income (loss) before taxes (15,347)     50,510     26,401 130,224  
Income tax expense (benefit) (3,148)     13,578     7,665 36,657  
Net income (loss) before noncontrolling interests and temporary equity holders (12,199)     36,932     18,736 93,567  
Less: net income (loss) from noncontrolling interests 32     (31)     1,018 (63)  
Walker & Dunlop net income (loss) (12,231)     36,963     17,718 93,630  
Total assets $ 2,364,973     $ 2,399,578     $ 2,364,973 $ 2,399,578  
Diluted EPS | $ / shares $ (0.38)     $ 1.09     $ 0.6 $ 2.74  
Operating margin (10.00%)     34.00%     6.00% 31.00%  
Operating Segments | Servicing and Asset Management | Loan origination and debt brokerage fees, net                  
Revenues                  
Total revenues $ 1,729     $ 1,698     $ 4,431 $ 3,327  
Operating Segments | Servicing and Asset Management | Servicing fees                  
Revenues                  
Total revenues 87,690     85,189     259,827 251,103  
Operating Segments | Servicing and Asset Management | Investment management fees                  
Revenues                  
Total revenues 8,583     6,178     25,716 23,437  
Operating Segments | Servicing and Asset Management | Net warehouse interest income (expense)                  
Revenues                  
Total revenues 258           778    
Operating Segments | Servicing and Asset Management | Placement fees and other interest income                  
Revenues                  
Total revenues 34,785     42,123     94,344 104,396  
Operating Segments | Servicing and Asset Management | Other revenues                  
Revenues                  
Total revenues 15,256     15,440     35,102 41,003  
Operating Segments | Corporate                  
Revenues                  
Total revenues 2,383     6,293     7,280 14,901  
Expenses                  
Personnel 23,424     23,001     72,389 61,083  
Amortization and depreciation 2,780     1,904     7,576 5,794  
Interest expense on corporate debt 1,615     1,512     4,285 4,397  
Other operating expenses 21,446     22,762     62,652 64,577  
Total expenses 49,265     49,179     146,902 135,851  
Income (loss) before taxes (46,882)     (42,886)     (139,622) (120,950)  
Income tax expense (benefit) (10,460)     (11,445)     (34,481) (34,046)  
Net income (loss) before noncontrolling interests and temporary equity holders (36,422)     (31,441)     (105,141) (86,904)  
Walker & Dunlop net income (loss) (36,422)     (31,441)     (105,141) (86,904)  
Total assets $ 452,338     $ 530,925     $ 452,338 $ 530,925  
Diluted EPS | $ / shares $ (1.12)     $ (0.92)     $ (3.6) $ (2.54)  
Operating margin (1967.00%)     (681.00%)     (1918.00%) (812.00%)  
Operating Segments | Corporate | Placement fees and other interest income                  
Revenues                  
Total revenues $ 2,356     $ 4,179     $ 7,941 $ 11,103  
Operating Segments | Corporate | Other revenues                  
Revenues                  
Total revenues $ 27     $ 2,114     $ (661) $ 3,798