Walker & Dunlop WD
NYSE WD
$41.34 -0.58 (-1.38%)
As of: Sep 9, 2026 · 3:59 PM EDT

Walker & Dunlop (WD) Operating Expenses (2010 - 2026)

Walker & Dunlop (WD) posted Operating Expenses of $304.6 million for Q2 2026, up 10.62% on a QoQ basis from $275.4 million in Q1 2026, and up 11.64% year-over-year from $272.9 million in Q2 2025.

Analysis

Walker & Dunlop (WD) Operating Expenses (2010 - 2026) Analysis & Trends

Walker & Dunlop has reported Operating Expenses for 17 years, with the latest figure at $304.6 million in Q2 2026.

  • On a quarterly basis, Operating Expenses rose 11.64% year-over-year to $304.6 million in Q2 2026; TTM through Jun 2026 was $1.2 billion, a 17.27% increase from a year earlier, with the FY2025 full-year figure at $1.2 billion, up 15.42% from the prior year.
  • Operating Expenses was $304.6 million for Q2 2026 at Walker & Dunlop, up from $275.4 million in the prior quarter.
  • The five-year high for Operating Expenses was $358.6 million in Q4 2025, with the low at $204.1 million in Q1 2023.
  • Average Operating Expenses over 5 years is $258.1 million, with a median of $248.6 million recorded in 2024.
  • The largest YoY upside for Operating Expenses was 51.84% in 2022 against a maximum downside of 20.74% in 2022.
  • Over 5 years, Operating Expenses stood at $235.7 million in 2022, then dropped by 0.3% to $235.0 million in 2023, then rose by 23.14% to $289.3 million in 2024, then increased by 23.93% to $358.6 million in 2025, then decreased by 15.05% to $304.6 million in 2026.
  • The last three Operating Expenses figures came in at $304.6 million (Q2 2026), $275.4 million (Q1 2026), and $358.6 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Federal National Mortgage Association Fannie Mae 79.20 Bn 79.20 Bn - 2.07 Bn
2 Rocket Companies 52.80 Bn 49.70 Bn - 2.50 Bn
3 Figure Technology Solutions 8.04 Bn 6.51 Bn 196.67 Mn 147.85 Mn
4 PennyMac Financial Services 3.81 Bn 3.06 Bn 480.08 Mn 465.44 Mn
5 Federal Agricultural Mortgage 2.47 Bn 1.43 Bn - 11.59 Mn
6 UWM Holdings 2.36 Bn 2.71 Bn - 635.05 Mn
7 CNFinance Holdings 1.51 Bn 1.51 Bn - -
8 Walker & Dunlop 1.42 Bn 1.27 Bn - 304.62 Mn
9 Velocity Financial 725.75 Mn -6.72 Bn - 59.75 Mn
10 loanDepot 338.91 Mn 159.79 Mn - 343.94 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 304.62 Mn
Mar 31, 2026 275.38 Mn
Dec 31, 2025 358.58 Mn
Sep 30, 2025 291.74 Mn
Jun 30, 2025 272.87 Mn
Mar 31, 2025 232.12 Mn
Dec 31, 2024 289.33 Mn
Sep 30, 2024 254.80 Mn
Jun 30, 2024 242.48 Mn
Mar 31, 2024 214.38 Mn
Dec 31, 2023 234.97 Mn
Sep 30, 2023 240.53 Mn
Jun 30, 2023 236.60 Mn
Mar 31, 2023 204.14 Mn
Dec 31, 2022 235.68 Mn
Sep 30, 2022 261.42 Mn
Jun 30, 2022 267.24 Mn
Mar 31, 2022 229.45 Mn
Dec 31, 2021 297.34 Mn
Sep 30, 2021 251.55 Mn