Walker & Dunlop (WD) Operating Expenses (2016 - 2026)
Walker & Dunlop has reported Operating Expenses over the past 16 years, most recently at $358.6 million for Q4 2025.
- For Q4 2025, Operating Expenses rose 23.93% year-over-year to $358.6 million; the TTM value through Dec 2025 reached $1.2 billion, up 15.42%, while the annual FY2025 figure was $1.2 billion, 15.42% up from the prior year.
- Operating Expenses for Q4 2025 was $358.6 million at Walker & Dunlop, up from $291.7 million in the prior quarter.
- Over five years, Operating Expenses peaked at $358.6 million in Q4 2025 and troughed at $151.1 million in Q1 2021.
- A 5-year average of $248.7 million and a median of $241.5 million in 2023 define the central range for Operating Expenses.
- On a YoY basis, Operating Expenses climbed as much as 51.84% in 2022 and fell as far as 20.74% in 2022.
- Year by year, Operating Expenses stood at $297.3 million in 2021, then decreased by 20.74% to $235.7 million in 2022, then decreased by 0.3% to $235.0 million in 2023, then grew by 23.14% to $289.3 million in 2024, then rose by 23.93% to $358.6 million in 2025.
- Business Quant data shows Operating Expenses for WD at $358.6 million in Q4 2025, $291.7 million in Q3 2025, and $272.9 million in Q2 2025.